Seller's Agent in 2025
Kathleen Seaman
Warren Real Estate of Ithaca Inc.
(607) 280-3339
2 in this area
199 Total Sales
557 Shaffer Rd Newfield, NY 14867
3
Beds
3
Baths
2,408
Sq Ft
41.53
Acres
Highlights
- Barn
- 41.53 Acre Lot
- Recreation Room
- Second Kitchen
- Contemporary Architecture
- Wooded Lot
About This Home
As of August 2025Stunning 41-acre estate just minutes from downtown Ithaca, Cornell University, and Ithaca College! This
exceptional property offers the perfect balance of modern comfort, natural beauty, and privacy. The
contemporary 3-bedroom, 3-bathroom home features an open layout with hardwood floors, a soaring wall of windows that captures panoramic views, and a wraparound deck ideal for enjoying the peaceful setting. The main level includes an open kitchen flowing into the great room with pellet stove, two bedrooms, and a full bath. Upstairs, a loft leads to a large private suite with full bath. The walkout lower level offers incredible flexibility with high ceilings, a full bathroom, living area, efficiency kitchen, and bonus room—perfect as a guest suite or Airbnb rental. The land is equally impressive. A seasonal creek with a small waterfall runs along the southern border, while sections of historic stone walls weave through the woods on the north side. An old farm road defines the eastern edge of the property, and a hunting blind sits quietly at one corner. An amazing tulip tree towers over the forest canopy, and white pines grace the lower two fields. Wildlife abounds—foxes, turkeys, and white-tailed deer are frequent visitors. With three open meadows, there's ample space for recreation, gardening, or hobby farming, and a charming pre-Civil War barn offers garage space, storage, and potential for a studio or workshop. Already a successful rental, this property offers endless possibilities—as a private retreat, income property, or year-round residence. Rare to find this much acreage, natural beauty, and flexibility so close to town. Don't miss the opportunity to own a slice of Finger Lakes paradise.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-280-3339 License #30SE0908346 Listed on: 06/27/2025
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $12,240
Year Built
- Built in 2006
Lot Details
- 41.53 Acre Lot
- Lot Dimensions are 163x2000
- Rural Setting
- Irregular Lot
- Wooded Lot
Home Design
- Contemporary Architecture
- Poured Concrete
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,408 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Great Room
- Open Floorplan
- Recreation Room
- Loft
Kitchen
- Second Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Stove
- Range Hood
- Recirculated Exhaust Fan
- Microwave
- Freezer
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Open Patio
- Outbuilding
- Porch
Schools
- Newfield Elementary School
- Newfield Middle School
- Newfield Senior High School
Farming
- Barn
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Propane
- Heating System Powered By Owned Propane
- Baseboard Heating
- Programmable Thermostat
- Well
- Propane Water Heater
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 503400-020-000-0001-015-010-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2021
Sold by
Wheeler Mark B
Bought by
Mackenzie Mark K
Total Days on Market
28
Purchase Details
Listed on
May 22, 2017
Closed on
Dec 15, 2017
Sold by
Pittman Jared M
Bought by
Wheeler Mary Katherine
Seller's Agent
Lindsay Garner
Linz Real Estate
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Purchase Details
Closed on
Jan 13, 2010
Sold by
Wright James V
Bought by
Pittman Jared M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.71%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 27, 1998
Sold by
Schumacher George W
Bought by
Wright James V And and Schumacher Wendy
Purchase Details
Closed on
Jun 18, 1997
Sold by
Schumacher George W
Bought by
Schumacher Wright Iv James V and Schumacher Wright Wendy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $340,000 | Wheeler Mark | |
| Deed | $310,000 | Jonathan O Albanese | |
| Interfamily Deed Transfer | $12,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $248,000 | Unknown | |
| Previous Owner | $78,000 | Unknown | |
| Previous Owner | $210,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $427,000 | -2.1% | $177 / Sq Ft |
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $436,000 | +28.2% | $181 / Sq Ft |
| 12/15/2017 12/15/17 | Sold | $340,000 | -9.3% | $141 / Sq Ft |
| 11/15/2017 11/15/17 | Pending | -- | -- | -- |
| 05/22/2017 05/22/17 | For Sale | $375,000 | -- | $156 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History Compared to Growth
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 | $11,449 | $500,000 | $72,800 | $427,200 |
| 2023 | $10,871 | $426,000 | $72,800 | $353,200 |
| 2022 | $9,846 | $370,000 | $72,800 | $297,200 |
| 2021 | $9,459 | $340,000 | $72,800 | $267,200 |
| 2020 | $9,508 | $340,000 | $72,800 | $267,200 |
| 2019 | $8,917 | $340,000 | $72,800 | $267,200 |
| 2018 | $9,422 | $330,000 | $72,800 | $257,200 |
| 2017 | $9,479 | $330,000 | $72,800 | $257,200 |
| 2016 | $8,942 | $330,000 | $72,800 | $257,200 |
| 2015 | -- | $330,000 | $72,800 | $257,200 |
| 2014 | -- | $330,000 | $72,800 | $257,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Seaman
-
David Barken
D
Buyer's Agent in 2025
David Barken
Howard Hanna S Tier Inc
(607) 319-6380
1 in this area
34 Total Sales
-
Lindsay Garner
Seller's Agent in 2017
Lindsay Garner
Linz Real Estate
(607) 227-7456
2 in this area
82 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1618455
APN: 503400-020-000-0001-015-010-0000
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