Estimated payment $1,728/month
This house, barn, and garage sit on 4.85 acres includes Free Gas and has amazing hillside views in Olean NY, Cattaraugus County.The home’s first story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances. The second story has 3 bedrooms, 1 full bathroom, and a living room area. The attic is unfinished but big enough to create additional living space. The walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage. The house has a well but also has connectivity to the Olean City water. The house was built with the city water, and the barn was built with the well. The outbuildings include a 40 x 30 stable barn which has a workshop and 4 stalls for horses or other animals, and a 40 x 25 workshop-storage area. All the outbuildings have electric.The special circumstance of this property is that it comes with free gas off leased gas wells not from the property. The new owner will sign off on receiving the free gas at closing. The property is located in a flood zone as it sits across the street from the Allegheny River. This would require flood insurance if it is going to be financed. The property has 300 feet of road frontage. The driveway is shared by the Olean City Water Department which is the neighbor to the west. The property has so much potential to either be a homestead, a small farm, or a recreational paradise. Located just minutes outside of Olean for all the necessities. Don’t let this opportunity get away! Surface rights convey.Located approximately 3 minutes to downtown Olean NY, 27 minutes to Salamanca NY, 35 minutes to Ellicottville NY and Rushford NY, 1 hour 28 minutes to Buffalo NY, and 1 hour 50 minutes to Rochester NY.
Last Listed By
Listing by Landquest Inc. Brokerage Phone: 585.386.9413 License #10301222583 Listed on: 06/12/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Laundry
Basement
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Utilities
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,727 | $84,500 | $5,500 | $79,000 |
| 2023 | $5,072 | $84,500 | $5,500 | $79,000 |
| 2022 | $4,985 | $84,500 | $5,500 | $79,000 |
| 2021 | $4,852 | $84,500 | $5,500 | $79,000 |
| 2020 | $4,222 | $84,500 | $5,500 | $79,000 |
| 2019 | $1,931 | $84,500 | $5,500 | $79,000 |
| 2018 | $4,221 | $84,500 | $5,500 | $79,000 |
| 2017 | $3,796 | $84,500 | $5,500 | $79,000 |
| 2016 | $3,838 | $84,500 | $5,500 | $79,000 |
| 2015 | -- | $84,500 | $5,500 | $79,000 |
| 2014 | -- | $84,500 | $5,500 | $79,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | For Sale | $394,900 | -- | $133 / Sq Ft |
$289,000
JUST REDUCED!!!!An absolutely stunning, extremely well maintained, home in the Historic District! Tons of curb appeal with perennial gardens surrounding the property, and flower boxes on the first-floor windows to make it feel welcoming! For outdoor entertaining you have your choice of a covered front porch or the private courtyard in the back! There is a basketball hoop hung from the 2-car
Patricia Collier RE/MAX On Point
$189,900
Nestled on a spacious half-acre double lot, this beautifully updated 4-bedroom, 2-bath home offers 1,668 square feet of comfortable living space with a finished basement and a 2-car garage featuring second-story storage. Inside, you’ll find a thoughtfully renovated interior boasting fully remodeled bathrooms, updated flooring, fresh paint, new doors, and stylish new light fixtures and hardware
Claudia Attard-Keary Premier Listings Real Estate
$239,900
RANCH HOME WITH 2 BEDROOMS, 1.5 BATHS AND LAUNDRY ALL ON THE MAIN FLOOR. FULL FINISHED BASEMENT WITH 2 BEDROOMS, FULL BATH AND A KITCHENETTE. FAMILY ROOM, OFFICE/DEN AREA. COMES WITH AN ABOVE GROUND POOL WITH NEWER HEATER AND A HOT TUB ON THE DECK. FENCED IN BACK YARD. STORAGE SHED. NEWER VINYL SIDING, FURNACE AND ELECTRIC SERVICE PANEL. NICE LOT. MLS#R15585482.
Thomas Fenner Real Estate Pros & More
$229,900
Step into timeless comfort and character with this beautifully maintained Cape Cod-style home, offering a rare combination of space, charm, and versatility. With 6 spacious bedrooms, 2 full bathrooms, and a unique layout that accommodates a variety of living arrangements, this home is ideal for those who value flexibility and room to grow.The main floor welcomes you with two cozy living rooms, a
Ken Bailey Real Estate Pros & More
$225,000
5 single family homes (3, 5, 6, 7, 8 Edwards Court) being offered together. Taxes reflect all 5 properties.
Claudia Attard-Keary Premier Listings Real Estate
$229,900
Welcome to this beautifully remodeled Cape Cod-style home offering the perfect blend of charm and modern updates! Featuring 3 spacious bedrooms and 2 full bathrooms, this home is designed for comfortable living with quality updates throughout.The first floor includes a spacious bedroom and a full bathroom, offering flexibility for a main-level primary suite or added convenience for daily living.
Paul Pezzimenti Howard Hanna Professionals
$249,000
Welcome to your dream oasis! This well maintained 4-bedroom, 2-bathroom ranch-style home offers the perfect blend of comfort and versatility. Nestled on a spacious lot, the property features an in-ground pool, perfect for summer gatherings, and a separate guest house, ideal for out of town guests or potential rental income.Step inside the main residence to discover an open-concept living space
Kelly Patrone Howard Hanna Professionals
$199,900
Welcome to this well-cared-for 3-bedroom, 1.5-bath Cape Cod, perfectly positioned just down the road from Olean General Hospital and a block from Bartlett Country Club! Tucked around the corner from I-86 and Route 16—close enough for convenience but far enough for quiet.Inside, you’ll find beautiful hardwood floors; outside, you'll find the easy maintenance of vinyl siding. Step back onto a great
Paul Pezzimenti Howard Hanna Professionals
$239,000
Check out this rare Main Street Property . This 1925 three bedroom home is situated on over an acre and a half of park like setting . Outstanding features throughout beautiful natural woodwork, hardwood floors , french doors with beveled glass 3 fireplace. Home has two full baths, dining room , family room perfect for your family gatherings. make an appointment to view this great property.
John Dwaileebe Howard Hanna Professionals
Source: Cortland County Board of REALTORS®
MLS Number: S1614676
APN: 046600-103-002-0002-015-002-0000
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