Welcome to your next investment opportunity. Nestled on a sprawling ~6 acre lot, this property presents a wealth of possibilities for savvy investors and developers. Formerly utilized as a health center and later as a residence for children, this expansive property in the heart of Groton, NY offers a versatile canvas for transformation into residences, or even a development site for new homes.
The property features two separate buildings, each boasting a substantial 5296 square feet of living space, including 8 rooms in each unit. These 2 identical structures offer ample room for customization and redevelopment to suit a variety of purposes. Surrounded by greenery and picturesque landscapes, the property offers a peaceful retreat making it an ideal setting for residences.
Closed
$390,000
705 Elm St, Groton, NY 13073
12beds
10,592sqft
Mixed Use
Built in 1989
5.87 Acres Lot
$403,600 Zestimate®
$37/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 26, 2025 at 02:00pm
Listed by:
Garrett Venuto 607-592-1762,
Warren Real Estate of Ithaca Inc.
Bought with:
Emily Doyle, 10401250591
Warren Real Estate of Ithaca Inc. (Downtown)
Source: NYSAMLSs,MLS#: R1557598
Originating MLS: Ithaca Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
 - Bathrooms: 8
 - Full bathrooms: 4
 - 1/2 bathrooms: 4
 
Heating
- Gas, Heat Pump, Other, Solar, See Remarks
 
Cooling
- Heat Pump, Other, See Remarks, Central Air
 
Appliances
- Included: Gas Water Heater, Solar Hot Water
 - Laundry: Accessible Utilities or Laundry
 
Features
- Bedroom on Main Level
 - Flooring: Other, See Remarks
 - Basement: None
 - Has fireplace: No
 
Interior area
- Total structure area: 10,592
 - Total interior livable area: 10,592 sqft
 
Property
Parking
- Total spaces: 2
 - Parking features: Common, Concrete, Garage, Parking Available
 - Garage spaces: 2
 
Accessibility
- Accessibility features: Accessible Full Bath, Accessible Bedroom, Low Cabinetry, Low Threshold Shower, No Stairs, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
 
Features
- Levels: One
 - Stories: 1
 - Exterior features: Private Yard, See Remarks
 
Lot
- Size: 5.87 Acres
 - Dimensions: 195 x 734
 - Features: Other, See Remarks, Wooded
 
Details
- Parcel number: 208.24.12
 - Special conditions: Standard
 
Construction
Type & style
- Home type: SingleFamily
 - Property subtype: Mixed Use
 
Materials
- Wood Siding
 - Roof: Pitched,Shingle
 
Condition
- Resale,Fixer
 - Year built: 1989
 
Utilities & green energy
- Sewer: Connected
 - Water: Connected, Public
 - Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
 
Community & neighborhood
Location
- Region: Groton
 
Other
Other facts
- Listing terms: Cash,Conventional