322 Nelson Rd, Ithaca, NY, 14850
About This Home
Welcome to this versatile South Hill property offering 2,047 sq ft of well-designed living space set on 1.68 acres of peaceful, private land. Combining comfortable first-floor living with built-in income potential, this property is ideal for owner-occupants, multigenerational living, or investors alike. The main residence features 3 bedrooms and 2 full baths on the first floor, providing convenient single-level living with a functional layout and inviting living spaces filled with natural light. In addition, the property includes a separate 1 bedroom, 1 full bath apartment, creating an excellent income-producing opportunity or private guest suite. The apartment also includes a spacious bonus room—perfect for a home office, gym, media room, or additional flex space to fit your needs. Enjoy the best of both privacy and convenience in the desirable South Hill neighborhood, located just 8 minutes to Ithaca’s Downtown Commons, 5 minutes to Ithaca College, and 9 minutes to Cornell’s campus—making commuting, dining, and entertainment easily accessible. With acreage, flexibility, and prime proximity to Ithaca’s key destinations, this property offers exceptional value and opportunity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1980
Materials
- Foundation: Block
- Roof: Architectural,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Freezer,Refrigerator
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Ceiling Fan(s),Separate/Formal Living Room,Living/Dining Room,Bath in Primary Bedroom,Main Level Primary,Primary Suite
- Flooring: Hardwood,Luxury Vinyl,Varies
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 665
Heating & Cooling
- Heating features: Ductless,Electric,Baseboard
- Cooling features: Ductless
Interior Area
- Total structure area: 2,047
- Total interior livable area: 2,047 sqft
Property
Details
- Parcel number: 50220000400000010320710000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Gravel Driveway,Patio
Lot
- Lot size: 1.68 Acres
- Features: Irregular Lot,Rural Lot
- Lot size dimensions: 218 x 354
Parking
- Total spaces: 1
- Parking features: Detached,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Tompkins 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 | $2,755 | $33,060 |
| Home Insurance * | $164 | $1,968 |
| Property Taxes | $958 | $11,496 |
| Electricity | $338 | $4,059 |
| Total | $4,215 | $50,580 |
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 |
|---|---|---|
| 2026-02-19 | Listed for sale | $545,000 |
| 2016-09-24 | Listing removed | $229,000 |
| 2016-09-15 | Price change | $229,000 |
| 2016-03-24 | Listed for sale | $250,000 |
| 2015-12-29 | Listing removed | $239,000 |
| 2015-08-10 | Listed for sale | $239,000 |
| 2014-07-11 | Sold | $135,000 |
View on Zillow