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284 E Spencer Rd, Spencer, NY, 14883

5beds
3baths
1,458sqft
$459,900
$315price/sqft
$3,572/moest. monthly cost
$142,880/yrincome needed

About This Home

Tailor-made for equestrian pursuits, farming, or a multi-use rural lifestyle, this 100+ acre Spencer, NY property blends infrastructure, income potential, and natural beauty—featuring pastures, creeks, woodlots, and more. At the heart of the operation are two well-maintained barns connected by a bright 33x110 indoor riding arena—ideal for year-round riding, training, or staying active during inclement weather. With space for up to 30 stalls, the facility is suitable for personal use or as a boarding/training business. Nearly 20 acres of fenced pasture provide room to roam, with more acreage available for expansion, farming, or recreation. Located in a region known for agriculture and excellent hunting, the property offers lifestyle and investment value. The main residence is a recently-built raised ranch above a two-car garage. This 2-bedroom, 1-bath home features an open layout, hickory cabinets, stainless steel appliances, tile flooring, and a large island. Natural light pours in from all directions, and a new wood stove adds cozy charm. The lower level is partially finished, offering room to expand. Also included is a 1995 double-wide (56x28) with 3 bedrooms, 2 bathrooms, a spacious kitchen, and generous living area. A newer roof is already in place; a few updates could transform it into a guest house, rental, or second residence. Beyond the improvements, the land rises from the valley floor into a forested landscape ideal for hunting, hiking, and trail riding. Private trails meander through stands of maple, oak, cherry, hemlock, and pine—prime habitat for deer, turkey, and quiet reflection. To the east, 14 acres are enrolled in a Wetlands Reserve Program (WRP) to enhance waterfowl habitat. The northern boundary follows scenic Catatonk Creek, enriching both recreation and visual appeal. A rare opportunity to own a spacious, well-appointed, and versatile country property. Showings by appointment only with 24-hour notice. Proof of funds required.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1995

Materials

  • Foundation: Block,Other,See Remarks
  • Roof: Asphalt
  • Construction materials: Block,Concrete

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Hardwood,Laminate,Tile,Varies
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating

  • Heating features: Electric,Baseboard

Interior Area

  • Total structure area: 1,458
  • Total interior livable area: 1,458 sqft

Property

Details

  • Parcel number: 49348906900000020190120000
  • Special condition: Standard
  • Horse amenities: Horses Allowed

Features

  • Levels: One
  • Stories: 1
  • Waterfront features: River Access,Stream
  • Waterbody name: Catatonk Creek
  • Horses can be raised: Yes

Lot

  • Lot size: 109.70 Acres
  • Features: Agricultural,Irregular Lot
  • Lot size dimensions: 1468 x 4276

Parking

  • Total spaces: 2
  • Parking features: Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Drought
Inland Flooding
Lightning

FEMA Declared Disasters in Tioga County and New York

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $2,325$27,900
Home Insurance *$212$2,544
Property Taxes $789$9,468
Electricity $246$2,954
Total$3,572$42,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,468/yr
40% on housing$107,160/yr
45% on housing$95,253/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.6%
2.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 14883$159
Tioga County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 14883$130
Tioga County$151

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)

No zestimate history available

Price History

DateEventPrice
2025-10-02Price change$499,900
2025-07-15Listed for sale$509,900
2023-04-21Listing removed--
2023-02-02Price change$439,900
2022-07-30Price change$459,900
2022-04-21Listed for sale$479,900
2019-04-01Listing removed$309,900
2019-02-04Price change$309,900
2018-05-03Listed for sale$339,900
2006-06-15Sold$225,000
1996-08-19Sold$12,000

For Sale by Agent

AgentTimothy G. Kent
BrokerageWhitetail Properties Real Estate, LLC

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