NOT LISTED FOR SALE

501 Warren Rd Ithaca, NY 14850

Estimated Value: $538,000 - $617,109

4 Beds
4 Baths
4,184 Sq Ft
$141/Sq Ft Est. Value

About This Home

A Rare Find in Northeast Ithaca, with an income apartment.
Nestled in the peaceful Northeast neighborhood of Ithaca, 501 Warren Road is a one of a kind treasure steeped in local history and brimming with character. Once part of the historic Hanshaw Farm, this former barn was transformed into a residence in 1935 and has been turning heads ever since.

Inside, you will find a home that tells a story full of charm, space, and versatility. With the potential for six bedrooms, including two conveniently located on the main level, this home effortlessly adapts to your needs. The living room invites you in with its cozy fireplace and original built ins, creating a timeless setting perfect for gatherings or quiet evenings alike. There are multiple options for dedicated office spaces on both the first and second floors making remote work or creative pursuits a breeze.

With its own private entrance, the attached two bedroom apartment offers even more possibilities. Once used as a professional office, it is equally well suited as a charming in law suite or an income generating rental. Enjoy coffee on the private deck or watch the sunset while surrounded by nature.

Upstairs, the attic offers a private hideaway complete with a bedroom and full bath, ideal for guests, teens, or a quiet sanctuary of your own. Downstairs, the finished walk out lower level adds even more flexible space perfect as a family room, den, or media area. Under house parking is a thoughtful convenience, while the generous yard provides space to garden, play, or simply enjoy the tranquility of your surroundings. Just off the main level, a screened in porch with a rustic outdoor fireplace sets the stage for year round relaxation and entertaining.

Set at the end of a quiet cul de sac, 501 Warren Road offers rare privacy without sacrificing location. You are just minutes from Cornell University and all the culture, dining, and vibrancy of downtown Ithaca.

Whether you are dreaming of a forever home rich in history, or seeking a truly unique investment with heart and heritage, this Colonial barn conversion is a standout warm, welcoming, and absolutely one of a kind.

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $595,000 -5.4% $142 / Sq Ft
05/21/2025 05/21/25 Price Changed $629,000 -3.1% $150 / Sq Ft
04/07/2025 04/07/25 For Sale $649,000 -- $155 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,714 $530,000 $56,600 $473,400
2023 $13,714 $509,000 $56,600 $452,400
2022 $13,057 $463,000 $56,600 $406,400
2021 $12,417 $425,000 $56,600 $368,400
2020 $12,432 $425,000 $56,600 $368,400
2019 $5,881 $425,000 $56,600 $368,400
2018 $12,660 $425,000 $56,600 $368,400
2017 $11,692 $385,000 $56,600 $328,400
2016 $11,770 $385,000 $56,600 $328,400
2015 -- $385,000 $56,600 $328,400
2014 -- $385,000 $56,600 $328,400
Source: Public Records

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