$1,200,000
SOLD JUL 30, 2025

503 Grandview Ln Penn Yan, NY 14527

5 Beds
4.5 Baths
4,626 Sq Ft
5 Acres

Recently Sold

$259 Per Sq Ft

10% Below List Price

65 Days on Market

Highlights

  • Property is near a lake
  • 5 Acre Lot
  • Wood Flooring
  • Built-In Refrigerator
  • Transitional Architecture
  • 2 Fireplaces

About This Home

As of July 2025

Discover the perfect blend of privacy and elegance in this exceptional 5 bedroom, 4.5 bath home, set on nearly 6 acres with breathtaking views of Keuka Lake. Thoughtfully designed and crafted, it offers seclusion and serenity yet stays near to the best of the Finger Lakes.Enjoy an open floor plan with custom Mennonite cabinetry, quartersawn oak flooring, high ceilings and geothermal radiant heat for year-round comfort. Afternoon sunlight fills the spacious kitchen, dining area and great room, leading to a wraparound porch with a gas fireplace—perfect for family or friends gathering all year long. The whole home generator makes certain everything is fully functional regardless of outside conditions.The private main-level primary suite offers beautiful lake views, a large walk-in closet and an oversized shower. Upstairs, three bedrooms include an ensuite and a Jack-and-Jill bath with lake views.The lower level features a family room, bunk room, office, full bath, ample storage and the home’s command center. An elevator ensures full accessibility. Patios, grape vines, level grounds and raised bed gardens complete the outdoors.This property is simply stunning! Please do not drive up the driveway without an appointment.

Last Agent to Sell the Property

Jan Corning

Listing by Howard Hanna Lake Group Brokerage Phone: 914-260-4704 License #10301223415 Listed on: 05/21/2025

Howard Hanna Lake Group

Last Buyer's Agent

Brianne Kirk

Listing by Wine Trail Properties, LLC License #10401281687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,468

Year Built

  • Built in 2019

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 35x801
  • Property fronts a private road
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Transitional Architecture
  • Farmhouse Style Home
  • Poured Concrete
  • Siding

Interior Spaces

  • 4,626 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Home Office
  • Library
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Vented Exhaust Fan
  • Geothermal Heating and Cooling
  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Property is near a lake
  • Agricultural

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 573089-085-003-0001-007-005-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,468

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Attribution Contact: 914-260-4704
  • Lot Features: Agricultural, Irregular Lot
  • Road Frontage Type: Private Road
  • Directions: From 54 North, take right onto Grandview. Bear to the left at the first Y, and to the right at the second Y.
  • Architectural Style: Farmhouse, Transitional
  • Flooring: Hardwood, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Eat-in Kitchen, Granite Counters, Home Office, Kitchen/Family Room Combo, Library
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Propane Water Heater, Range Hood, Washer
  • Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Total Bedrooms: 13
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 5.0
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Composite Siding, Spray Foam Insulation
  • Exterior Features: Gravel Driveway, Propane Tank - Owned
  • Foundation Details: Poured

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Geothermal, Propane, Forced Air, Radiant
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Penn Yan

Lot Info

  • Parcel Number: 573089-085-003-0001-007-005-0000
  • Lot Dimensions: 35X801
  • Lot Size Sq Ft: 253519.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11468.0
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 1, 2017
Sold by
Fleming John D and Fleming Jacqueline L
Bought by
Gentry Brian J and Gentry Carrie R
Seller's Agent
Mark Malcolm
Century 21 Steve Davoli RE
Buyer's Agent
Mark Malcolm
Century 21 Steve Davoli RE
List Price
$109,000
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.46%
Original Mortgage
$87,200
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $109,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Closed $87,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $1,200,000 -9.7% $259 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $1,329,000 +1119.3% $287 / Sq Ft
11/28/2017 11/28/17 Sold $109,000 0.0% --
08/11/2017 08/11/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $109,000 -- --
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $11,468 $709,900 $156,700 $553,200
2023 $11,468 $709,900 $156,700 $553,200
2022 $11,724 $586,300 $109,000 $477,300
2021 $11,290 $586,300 $109,000 $477,300
2020 $2,126 $109,000 $109,000 $0
2019 $1,959 $109,000 $109,000 $0
2018 $1,959 $89,200 $89,200 $0
2017 $1,887 $89,200 $89,200 $0
2016 $1,881 $89,200 $89,200 $0
2015 -- $89,200 $89,200 $0
2014 -- $89,200 $89,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1607534

Upstate New York Real Estate Information Services (UNYREIS)

APN: 573089-085-003-0001-007-005-0000