Significant Development Opportunity Adjacent to Cornell

189 Pleasant Grove Road, Ithaca, NY 14850

Property Description

Property Description

Incredible development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the old Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road.

The parcel includes an existing clubhouse with Banquet space, pro shop, dining, kitchen, fitness area, multiple patios, and more. This land is in both the Town of Ithaca and the Village of Cayuga Heights. Great opportunity for a new developer to enhance or reconfigure for optimization.

Development for a boutique hotel and 36 Townhomes with the potential to increase for more units has been proposed by the current owner and would fall under the initiated Proposed Development Zone. Parcels include 4 desirable, single-family homes along Hanshaw Road. This land is in both the Town of Ithaca and The Village of Cayuga Heights. Call Lister for details.

Existing & Proposed Development

Existing Structures

Clubhouse
25,000+/- Sf Clubhouse with restaurant, bar, dining room, pro shop, simulators, locker rooms, fitness room

Golf
100+/- acres of championship 18-hole golf course w/ practice area

Parking
Room for 192+/- parking spaces

4 Single-family Homes
Located on Hanshaw Rd

 

Proposed Development - Both Proposed Developments can be purchased for $5M or separately at $2.5M per

Hotel/Apartment Development: $2.5M

60,000+/- square foot new standalone hotel

Main hotel located in the Village of Cayuga Heights -

Max Rooms = 50

Townhouse Development $2.5M

Includes Existing Structures and Acreage

4 Single Famly Home located on Hanshaw Road

36 units

(Currently proposed to the Town Of Ithaca)

This website is meant to show what the seller owns (119 +/- acres) and highlight the 3 listings for sale that the owner is willing to subdivide from the parcels as a whole.

Jill Burlington, NYS Lic. Associate R.E. Broker

Jill Burlington

NYS Licensed Associate Real Estate Broker
The Jill Burlington Team
Warren Real Estate
830 Hanshaw Road, Ithaca, NY 14850
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