




284 E Spencer Rd Lot Wp001, Spencer, NY, 14883
About This Home
Tailor-made for equestrian pursuits, farming or a multi-use rural lifestyle, the 100+ acre property offers an impressive blend of infrastructure, income potential and natural beauty with pastures, creeks, woodlots and more.At the heart of the operation are two well-maintained barns, thoughtfully connected by a bright and spacious 33x110 indoor riding arena—ideal for year-round riding, training or simply staying active during the colder, wetter months. With the potential for up to 30 stalls, the facility is well-suited for personal use or as a potential boarding and training operation.Nearly 20 acres of fenced pasture provide ample room for horses or other stock to graze and roam, while additional acreage opens up the possibility for expansion, farming or recreation. The area is know for farming and great hunting, enhancing the overall value proposition.The main residence is a recently-built raised ranch situated above a two-car garage, offering a 2-bedroom, 1-bathroom open-concept living space bathed in natural light from sunrise to sunset. The kitchen features natural hickory cabinetry, stainless steel appliances, a tile floor and a spacious center island perfect for gatherings. The lower level is partially finished and presents an opportunity to expand the home's square footage. A recently-added wood stove warms the home and its residents while keeping a cozy feel.Adding further flexibility to the property is a 1995 double-wide home measuring 56x28, offering 3 bedrooms and 2 bathrooms with a large kitchen and ample living area. A newer roof has been installed, and with a few updates inside, this dwelling could serve well as a guest house, in-law suite, rental unit, or a second full-time residence!Beyond the barns and pastures, the land rises from the valley floor into a diverse mix of forested acreage—perfect for hunting, hiking, riding and exploring. A private trail system winds through stands of maple, oak, cherry, pine and hemlock, with multiple spots ideal for deer and turkey stands or quiet moments immersed in nature.To the east, 14 acres are enrolled in a WRP (Wetlands Reserve Program) designed to enhance waterfowl habitat with seasonal potholes and improved water retention. Meanwhile, the northern boundary is defined by the scenic Catatonk Creek, adding to the recreational and aesthetic appeal of this unique landscape.This is a rare opportunity to own a versatile farm with income-generating potential, modern housing and outstanding recreational amenities—all in one beautiful, spacious and flexible package.For more information contact us today. Showings by appointment only with at least 24 hours notice. Proof of funds required prior to scheduling.
Getting Around
Schools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Features
- Fencing: Fenced
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Drought
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Tioga County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,325 | $27,900 |
| Home Insurance * | $212 | $2,544 |
| Property Taxes | $789 | $9,468 |
| Electricity | $247 | $2,974 |
| Total | $3,573 | $42,876 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-17 | Listed for sale | $499,900 |
| 2023-04-20 | Listing removed | -- |
| 2023-02-03 | Price change | $439,900 |
| 2022-08-02 | Price change | $459,900 |
| 2022-04-26 | Listed for sale | $479,900 |
