7684 State Route 417 Addison, NY 14801
Estimated payment $2,755/month
Highlights
- Horses Allowed On Property
- Wooded Lot
- Main Floor Primary Bedroom
- 40.5 Acre Lot
- Wood Flooring
- Farmhouse Style Home
About This Home
Here is a unique opportunity hitting the market. This partially wooded +/- 42 acre plot, houses a commercial building, a 5-bedroom farmhouse, a private stream running through the property, uncapped natural gas wells, and many desirable tree species including oak, ash, maple, cherry oak and more! This property has been contacted many times for oil companies to come and drill/extract the oil on the property. No drilling has been done, but the opportunity still awaits for the next buyer to take advantage of. The farmhouse has updated electrical service and is move-in ready with only preferred renovations on the list. The commercial building has opportunity galore waiting for the entrepreneur to get back up and running. Once home to a local favorite ice cream shop, the equipment and interior is still available/suited for a similar venture, or one of your own! It is a rarity to have a property have so many income potentials practically paying for the property itself. Between logging, fracking, local businesses, room for farm animals, and a 5-bedroom home to live in or rent out, the income this property has the potential to generate is just about limitless! Who will take advantage of this opportunity? Located on 417 just outside of Addison, there is no shortage of traffic flow passing this property every day. Schedule a tour of this unique property today and start creating generational wealth with your next real estate purchase!
Listing Agent
Listing by Signature Properties Corning License #10401345317 Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,080
Year Built
- Built in 1860
Lot Details
- 40.5 Acre Lot
- Lot Dimensions are 160x320
- Irregular Lot
- Wooded Lot
Home Design
- Farmhouse Style Home
- Poured Concrete
- Vinyl Siding
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Entrance Foyer
- Separate Formal Living Room
- Bonus Room
- Basement Fills Entire Space Under The House
Kitchen
- Country Kitchen
- Electric Oven
- Electric Range
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Parking
- No Garage
- Gravel Driveway
- Dirt Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Well
- Gas Water Heater
- Septic Tank
Additional Features
- Flood Zone Lot
- Horses Allowed On Property
Community Details
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 467000-367-000-0001-065-111
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $4,075 | $3,600 | $1,300 | $2,300 |
| 2023 | $4,082 | $3,600 | $1,300 | $2,300 |
| 2022 | $3,759 | $3,600 | $1,300 | $2,300 |
| 2021 | $3,699 | $3,600 | $1,300 | $2,300 |
| 2020 | $3,706 | $3,600 | $1,300 | $2,300 |
| 2019 | $3,476 | $3,600 | $1,300 | $2,300 |
| 2018 | $3,476 | $3,600 | $1,300 | $2,300 |
| 2017 | $3,727 | $3,600 | $1,300 | $2,300 |
| 2016 | $3,774 | $3,600 | $1,300 | $2,300 |
| 2015 | -- | $3,600 | $1,300 | $2,300 |
| 2014 | -- | $3,600 | $1,300 | $2,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $459,000 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | Nathan Parkhason | |
| Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | Purchase Money Mortgage |
Source: Elmira-Corning Regional Association of REALTORS®
MLS Number: R1648925
APN: 467000-367-000-0001-065-111
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