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701 Lansing Station Rd, Lansing, NY, 14882

5beds
3baths
3,140sqft
$1,285,000
$409price/sqft
$9,549/moest. monthly cost
$381,960/yrincome needed

About This Home

Experience the best of Finger Lakes living with this exceptional luxury lakefront retreat on Cayuga Lake. Located in Lansing, New York and completely and elegantly renovated, this stunning 5-bedroom, 3-bath home offers 3,140 sq ft of thoughtfully designed space—perfect for both relaxing escapes and unforgettable entertaining. The lovely modern kitchen, designed to impress, features a show-stopping oversized island that anchors the space and clean lines, sleek cabinetry, and high-end finishes such as the Torquay Cambria Quartz countertops. With 100 feet of pristine lake frontage, enjoy breathtaking views and seamless indoor-outdoor living. The spacious layout comfortably sleeps up to 16 guests, making it ideal as a private getaway or an income-producing investment. A short stroll to the water leads you to your newly designed waterfront oasis, complete with a dock and boat shelter. Relax in the 8-person hot tub or enjoy one of three separate outdoor sitting areas set at different levels—each thoughtfully positioned to capture its own stunning view of the lake. Every detail has been carefully curated to blend modern luxury with the natural beauty of the lake—offering a truly turnkey opportunity in the heart of the Finger Lakes.

Getting Around

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

Schools

6/10
Lansing Middle SchoolGrades 5-85.1 mi
8/10
Lansing High SchoolGrades 9-125.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1961

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Exhaust Fan,Disposal,Gas Oven,Gas Range,Propane Water Heater,Refrigerator,Range Hood,Tankless Water Heater,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Separate/Formal Dining Room,Entrance Foyer,Eat-in Kitchen,Furnished,Separate/Formal Living Room,Hot Tub/Spa,Kitchen Island,Living/Dining Room,Solid Surface Counters,Main Level Primary,Programmable Thermostat
  • Flooring: Hardwood,Luxury Vinyl,Varies
  • Finished area below ground: 1,730

Heating & Cooling

  • Heating features: Propane,Forced Air
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 3,140
  • Total interior livable area: 3,140 sqft

Property

Details

  • Parcel number: 50328901300000020060000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Blacktop Driveway,Deck,Dock,Hot Tub/Spa,Patio,See Remarks,Propane Tank - Leased
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Beach Access,Dock Access,Lake
  • Waterbody name: Cayuga Lake
  • Frontage length: 101

Lot

  • Lot size: 0.46 Acres
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 100 x 205

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Storage,Garage Door Opener
  • 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
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Drought
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Tompkins 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 $6,497$77,964
Home Insurance *$275$3,300
Property Taxes $2,259$27,108
Electricity $518$6,226
Total$9,549$114,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$327,394/yr
40% on housing$286,470/yr
45% on housing$254,640/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: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$409This listing

vs Other Active Listings

Avg $/sqft

ZIP 14882$231
Tompkins County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 14882$277
Tompkins County$180

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

DateEventPrice
2026-04-24Listed for sale$1,500,000
2021-03-24Sold$479,000
2021-01-16Pending sale$479,000
2021-01-07Listed for sale$479,000
2012-10-31Sold$312,000
2012-07-16Price change$324,000
2012-07-09Price change$325,000
2012-07-05Price change$330,000
2012-06-29Listed for sale$334,000
2011-05-29Listing removed$350,000
2010-10-01Price change$350,000
2010-04-10Price change$395,000
2010-03-14Listed for sale$459,000
2010-02-03Listing removed$459,000
2009-08-14Listed for sale$459,000
2004-03-03Sold$245,000

For Sale by Agent

AgentMichele Smith
BrokerageRe/Max Plus

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