Ithaca NY Home with Backyard Gorge Listed by Professional Athlete

A distinctive property in Ithaca, New York, previously owned by a professional athlete, has been listed for sale. The home is notable for its unique features, including a private backyard gorge with waterfalls, and presents a significant opportunity in the local market. This article provides a detailed, objective overview of the property's key attributes and its position within the current Ithaca real estate landscape.

What are the key features of this Ithaca property? This single-family home spans 4,406 square feet and includes four bedrooms. Key interior features consist of Brazilian cherry wood floors, a grand entryway with a balcony overlook, and an open floor plan, which is a highly sought-after layout for modern living. The basement is a standout feature; it is a finished basement—meaning it has been converted into a functional living space—with specialized rubber flooring and reinforced ceiling supports, indicating its prior use as a home gym. The property is situated on a lot that includes a significant natural feature: a private gorge with cascading waterfalls, offering exceptional scenery and privacy.

What is the financial history and current asking price? The current list price for the property is $750,000. According to available property records, the seller purchased the home in 2011 for $675,000. A comparative market analysis (CMA) based on recent sales of comparable properties in the Ithaca area would be essential for any potential buyer to assess the fairness of this asking price in the 2026 market. Factors such as the unique natural amenities and the home's size contribute to its valuation.

How does this listing fit into the Ithaca, NY real estate market? The Ithaca real estate market is characterized by high demand, driven in part by the presence of academic institutions. Properties with unique, premium features like this one often occupy a niche segment. Based on our experience assessment, homes with significant outdoor amenities and spacious interiors can command a premium. It is advisable for interested buyers to work with a local real estate agent who possesses deep knowledge of property tax rates, neighborhood trends, and the availability of similar unique properties in the area.

What should potential buyers consider when viewing this home? Prospective buyers should prioritize a thorough physical inspection of the property, with particular attention to the structural integrity of the hillside and the gorge area, given the unique topography. The specialized finishes in the basement, while valuable for some, may also represent a customization that does not appeal to all buyers. Financing is another critical consideration; confirming mortgage lending eligibility and terms for a property at this price point is a recommended first step before proceeding with an offer. Engaging a professional to conduct a title insurance search—a service that protects against ownership claims from third parties—is a standard and crucial part of the transaction process.

This property offers a unique combination of spacious living and exceptional natural beauty. For the right buyer, the private gorge and waterfall feature represent a rare find. The key to a successful purchase is conducting thorough due diligence, including a professional home inspection and review of all property disclosures. Understanding the local market dynamics with the help of a qualified real estate professional is highly recommended to make an informed decision.