




1159 W Water St, Elmira, NY, 14905
About This Home
Welcome home to this sprawling, meticulously updated Colonial that perfectly blends luxury, scale, and multi-purpose living. Completely remodeled in 2022, the property boasts major capital upgrades including a brand-new roof, windows, and high-efficiency HVAC systems with central AC. The main residence is defined by its soaring high ceilings and an expansive layout designed for both grand entertaining and quiet productivity. At the heart of the home is a true chef’s kitchen, fully equipped with a premium THOR range, a sleek French door refrigerator, and a massive walk-through butler's pantry. For formal gatherings, the elegant living room features a cozy wood-burning fireplace and opens directly into a sunlit three-seasons porch. Additional living spaces include a dedicated home office/study and a large secondary living room perfect for media or relaxation. Upstairs, you will find four bedrooms and three bathrooms, highlighted by a spacious owner’s suite with a spa-like soaking tub and walk-in shower, alongside a secondary guest suite complete with its own private bath. Bridging the main home and the private living quarters is a bonus room currently utilized as a home gym, which features a secured door to maintain maximum privacy between the wings. The fully independent in-law suite—also beautifully remodeled in 2022—features two bedrooms, one full bathroom, and its own dedicated laundry room to mirror the main house's amenities. Engineered for true independence, the suite includes its own separate entrance, dedicated parking, and independent electrical service. Situated on a generous, partially fenced corner lot, the exterior offers plenty of privacy and curb appeal, rounded out by a large storage shed at the rear of the property. This rare estate offers unparalleled versatility, modern luxury, and true dual-living capability.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1910
Materials
- Foundation: Block,Stone
- Roof: Architectural,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Exhaust Fan,Electric Oven,Electric Range,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Features
- Ceiling Fan(s),Den,Entrance Foyer,Separate/Formal Living Room,Guest Accommodations,Pantry,Quartz Counters,See Remarks,Second Kitchen,In-Law Floorplan,Bath in Primary Bedroom
- Flooring: Carpet,Hardwood,Luxury Vinyl,Varies
Heating & Cooling
- Heating features: Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,533
- Total interior livable area: 5,533 sqft
Property
Details
- Parcel number: 07308909801200040010000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open,Porch
- Exterior features: Blacktop Driveway,Fence
- Fencing: Partial
Lot
- Lot size: 0.74 Acres
- Features: Corner Lot,Near Public Transit,Rectangular,Rectangular Lot
- Lot size dimensions: 125 x 257
Parking
- Total spaces: 2
- Parking features: Attached,Garage,Circular Driveway
- 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
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Chemung 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 | $2,604 | $31,248 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $858 | $10,296 |
| Electricity | $914 | $10,972 |
| Total | $4,651 | $55,812 |
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 |
|---|---|---|
| 2026-06-03 | Listed for sale | $515,000 |
| 2024-08-12 | Listing removed | $515,000 |
| 2023-05-05 | Listing removed | -- |
| 2023-04-10 | Price change | $515,000 |
| 2023-02-27 | Listed for sale | $574,900 |
| 2020-08-11 | Listing removed | $219,900 |
| 2020-08-10 | Pending sale | $219,900 |
| 2020-08-06 | Sold | $200,000 |
| 2020-01-13 | Listed for sale | $219,900 |
| 2019-12-06 | Listing removed | $224,900 |
| 2019-10-04 | Price change | $224,900 |
| 2019-06-13 | Price change | $229,900 |
| 2019-04-29 | Price change | $239,000 |
| 2018-12-06 | Listed for sale | $245,000 |
| 2016-09-17 | Listing removed | $185,000 |
| 2016-06-02 | Price change | $185,000 |
| 2016-04-02 | Price change | $192,000 |
| 2016-04-01 | Price change | $198,000 |
| 2016-03-26 | Price change | $192,000 |
| 2015-09-07 | Price change | $198,000 |
| 2015-08-15 | Price change | $205,000 |
| 2015-07-05 | Listed for sale | $215,000 |
| 2013-12-03 | Sold | $173,000 |
