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Mixed-Use Land for Sale in Lansing, New York

Cayuga Vista Ln, Lansing, NY 14882

$350,000
3 acres
Active
$75k drop
Est $2,484/mo

Prime Investment Opportunity in the Finger Lakes! Developers, investors, and entrepreneurs-don't miss the opportunity to construct this shovel-ready, town-approved project for a 16-unit, 32-bed apartment complex in a high-demand rental market just minutes from Ithaca. Located only 5 miles from Cornell University and the City of Ithaca, 4 miles from Ithaca Tompkins International Airport and major shopping, 3 miles from scenic Cayuga Lake, and 2 miles from Lansing Central School District, this prime site offers municipal water, underground utilities, a few hundred feet to an 11-acre town park with ballfields and a playground. The approved plan features four well-designed buildings, each containing three spacious two-story apartments and one convenient single-level unit. Each residence includes multiple baths, a private garage, and separately metered utilities, ensuring long-term rental appeal and operational efficiency. Nestled off the main road for privacy yet close to essential amenities, this development offers an unbeatable combination of convenience, quality, and investment potential. Positioned in one of the fastest-growing counties in Upstate New York, this is a rare chance to capitalize on the thriving Finger Lakes region. The seller is open to serving as General Manager if desired, providing additional expertise and oversight. Approved and ready to build-secure your place in this booming market today! For sale is a 3 acre lot plus the approved project and engineering plans. Commercially zoned lot will also allow other uses.

Location

Street address
Cayuga Vista Ln
Community
Lansing-503289
School district
Lansing
Elevation
886 feet
Coordinates
42.5337, -76.5

Directions

East Shore Drive north towards Lansing. Right on to Cayuga Vista Drive and property is located on the left. It is a corner lot on Woodsedge and Cayuga Vista

Property details

Acreage
3.06 acres
MLS #
NYSAMLS R1587595
Posted

Property taxes

Recent
$1,144

Parcels

  • 37.1-2-53.29

Details and features

Listing

Type
Land

Lot

Features
Cleared, Corner Lot, Level, Rectangular, Rectangular Lot, Residential Lot

Exterior

Features
Dirt Driveway, Gravel Driveway

Nearby schools

NameLevelDistrictDescription
Raymond C Buckley ElementaryElementaryLansing
Lansing MiddleMiddleLansing
Lansing HighHighLansing

Listing history

DateEventPriceChangeSource
July 31, 2025Price drop$350,000$75,000 -17.6%NYSAMLS
Feb 7, 2025New listing$425,000NYSAMLS
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This 3.06-acre property is located at Cayuga Vista Ln in Lansing, NY 14882. The property is available for sale for $350,000 with a price per acre of $114,379.

Checked 1 hour ago — Updated

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