Land with Home for Sale in Spencer, New York

Set against an open landscape with sweeping views, this fully renovated two-unit property offers flexibility, space, and income potential just minutes from Ithaca. Both apartments have been thoughtfully updated with renovated kitchens and baths and modern finishes. The larger Unit 1 features hardwood flooring throughout, while Unit 2 offers durable LVT flooring. Both units are currently vacant, offering an appealing opportunity for an owner-occupant, investor, or buyer looking to establish new rental terms. Unit 1 was most recently rented for $2,200 per month, including utilities, while Unit 2 was most recently rented for $1,800 per month, including utilities. Outside, an expansive wraparound deck takes full advantage of the property's setting, with plenty of room for outdoor dining, entertaining, or simply enjoying the peaceful surroundings and wide-open views. A 2.5-car garage provides generous space for parking, storage, hobbies, or equipment. With two updated living spaces, strong rental history, and both units currently vacant, the property offers immediate flexibility for its next owner. Live in one unit and rent the other, establish new leases for both, or create a multigenerational living arrangement with separate spaces under one roof. Conveniently located within easy reach of Ithaca while offering the space and scenery of a more rural setting, 54 Bald Hill Road is a versatile property with options for both homeowners and investors.