$143,500
PENDING $5K PRICE DROP

1581 Olean-Portville Rd Olean, NY 14760

Estimated payment $971/month

Total Views 16,222
3 Beds
2.5 Baths
1,528 Sq Ft
$94 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Cape Cod Architecture
  • 1 Car Detached Garage
  • 1.52 Acre Lot
  • Main Floor Primary Bedroom
  • Country Kitchen

About This Home

Welcome to your dream home on the edge of Olean! This beautifully maintained 3-bedroom, 2.5-bath residence sits on an impressive 1.5-acre lot, a rare find in this area! Offering privacy, space, and endless possibilities this is the home you have been waiting for. Step onto the inviting front porch, perfect for relaxing evenings and enter a thoughtfully designed interior that blends modern comfort with timeless character. The main level boasts a first-floor primary suite alongside spacious living and dining areas that feature elegant coffered ceilings for added charm and architectural interest. The open kitchen flows effortlessly into the main living space, creating an ideal setup for everyday living and entertaining. Keep warm in the winter months with radiant in floor heating throughout this area. Upstairs, you'll find two generously sized bedrooms and a full bath, offering plenty of room for family, guests, or a home office. Additional highlights include a brand-new tankless hot water system for efficient, on-demand comfort and a portion of the 1.5 acre lot is fenced in, perfect for pets, play, or gardening. With so much room to enjoy, this property offers the ambiance of a rural setting while still being just minutes from all the amenities of town. Don't miss this rare opportunity to own a move-in-ready home on one of the larger lots in Olean!

Listing Agent

Caitlin Croft

Listing by Iconic Real Estate License #10401300404 Listed on: 08/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1920

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 100x545
  • Irregular Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Country Kitchen
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Heating System Uses Steam
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 046600-094-020-0001-077-001-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1920
  • ResoLaundryFeatures: In Basement
  • Lot Features: Irregular Lot
  • Road Frontage Type: Main Thoroughfare
  • Directions: Head East from Olean - property sits across from Dugan Road, See Iconic Sign
  • Architectural Style: Cape Cod
  • Flooring: Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Country Kitchen, Main Level Primary, Primary Suite
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Acres: 1.52
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Stone

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Driveway

Utilities

  • Heating: Gas, Radiant, Steam
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Olean

Lot Info

  • Parcel Number: 046600-094-020-0001-077-001-0000
  • Lot Dimensions: 100X545
  • Lot Size Sq Ft: 66211.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2560.0
  • Tax Lot: 77

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2025 09/20/25 Pending -- -- --
08/27/2025 08/27/25 Price Changed $143,500 -3.4% $94 / Sq Ft
08/09/2025 08/09/25 For Sale $148,500 +54.0% $97 / Sq Ft
04/26/2021 04/26/21 Sold $96,400 +1.5% $63 / Sq Ft View Prior Sale
01/13/2021 01/13/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $95,000 0.0% $62 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $95,000 -- $62 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1629439

Western New York Real Estate Information Services (WNYREIS)