0 Trumansburg Rd, Ithaca, NY 14850

Prime 38 +/- Acre Development Opportunity – Town of Ithaca An exceptional opportunity to shape the future of one of the most desirable communities in the region. This expansive 38+/- acre parcel is now available in the Town of Ithaca. Formerly approved in 2022 for a 106-lot subdivision known as the Holochuck project, the prior approvals have since expired. In 2023, the property was consolidated into a single tax parcel, offering a clean slate for visionary developers and investors. Designated “Semi-Rural Neighborhood” in the Town’s Comprehensive Plan, it is ideal for single-family residences, accessory dwelling units, clustered multi-residential developments, and preserved open space concepts. This designation provides flexibility for thoughtfully designed residential communities that align with the Town’s long-term planning vision. Any future development needs a new application and Town of Ithaca approval, allowing a buyer to propose a project suited to current market conditions. Town planning officials are open to meeting with prospective buyers to discuss development potential and approval pathways.