$949,900

7724 Banks Rd Gainesville, NY 14066

Estimated payment $5,652/month

Total Views 443
5 Beds
2.5 Baths
3,711 Sq Ft
$256 Price per Sq Ft

Highlights

  • Hot Property
  • Horse Property
  • Scenic Views
  • Barn
  • Home fronts a pond
  • 47.2 Acre Lot

About This Home

A rare opportunity awaits in Wyoming County - a unique blend of business potential and country living on 42.7 beautiful acres of farmland. This property offers everything you need to operate a thriving business while enjoying the peace and charm of rural life. At the heart of the property is a 72' x 100' warehouse/shop currently used for manufacturing. Built with all-metal construction, this facility features concrete floors, insulated walls with interior liner panels, a 12' x 30' attached office, and a convenient loading dock. Two additional shops expand the business potential: A 36' x 60' shop - fully insulated, concrete floors, liner panels, two overhead doors, and a man door. 74' x 50' shop with silo - insulated with concrete floors, a large walk-in cooler, and another loading dock. For equestrian or farming pursuits, a horse barn with three grain bins offers 12 stalls, storage, a wash room, and a tack room. Surrounding pastures are well-suited for livestock, complete with six frost-free watering stations, while a scenic pond and rolling country views create an ideal backdrop. The expansive driveway and approach are designed to accommodate the largest trucks, ensuring easy delivery and maneuverability. The property also includes a well-maintained 3,711 sq ft, 5-bedroom, 2-bathroom home, offering the perfect balance of comfort and practicality. Highlights include a dedicated office, foyer, mudroom, and a remarkable indoor water spring that flows year-round-bringing natural beauty right inside your home. Large windows overlook the rolling hills of Wyoming County, enhancing the serene living experience. Whether you're seeking a base for your business, a farmstead, or a rare combination of both, 7724 Banks Rd delivers endless potential. ADDITIONAL INFORMATION: GMO's Convey, Hilltop location, business opportunity, four buildings farm house, pastures, 905 feet road frontage, Electric at the road, Spring, private septic 5.1 miles from Fillmore, 1.7 miles from Pike, 12.2 miles from Arcade, Close to Letchworth State park and Rushford lake. Taxes (TBD) Buyer agent must be present on all showings. Do not send clients out without accompanying them. Disclaimer: Map illustrations are for reference purposes only and not the representations of the Listing agent or brokerage. Illustrations are provided by Land ID. Parties should be advised to confirm Illustrations with licensed professional service providers.

Listing Agent

Paul Vaicunas

WHITETAIL PROPERTIES REAL ESTATE LLC (NY) Listed on: 08/14/2025

WHITETAIL PROPERTIES REAL ESTATE LLC (NY)

Co-Listing Agent

Brandon Scott

WHITETAIL PROPERTIES REAL ESTATE LLC (NY)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,728

Year Built

  • Built in 1999

Lot Details

  • 47.2 Acre Lot
  • Home fronts a pond
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Pond
  • Scenic Vista
  • Farm

Home Design

  • Colonial Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,711 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Stove
  • Entrance Foyer
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Office or Studio
  • Separate Outdoor Workshop
  • Outbuilding

Additional Features

  • Barn
  • Heating System Uses Wood

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,728

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Equestrian Property: Yes
  • ExteriorCoveredPorch: Yes
  • ExteriorPatio: Yes
  • FloorHardwood: Yes
  • FloorTile: Yes
  • HamletID: 0
  • HeatFuelWood: Yes
  • InteriorAmps: 200
  • KitchenCounterType: Laminate
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 47.20
  • Number Of Stories: 2
  • OutbuildingBarn: Yes
  • OutbuildingGeneral: Yes
  • OutbuildingOffice: Yes
  • OutbuildingWorkshop: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Gainesville
  • Property Class: 283
  • PropertyTownship: Pike
  • Prop. Type: Residential
  • PropertyZipCode: 14066
  • PropertyZoneType: 0
  • Renovation Year: 0
  • ResidentialStyle: Colonial
  • RoofMetal: Yes
  • Dining Room: Yes
  • First Floor Bathroom: Yes
  • First Floor Master Bedroom: Yes
  • Foyer: Yes
  • Kitchen: Yes
  • Primary Bedroom: Yes
  • Private Guest Room: Yes
  • Walk In Closet: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • StoveWood: Yes
  • USStateAbbreviation: NY
  • ViewFarm: Yes
  • ViewPond: Yes
  • ViewPrivate: Yes
  • ViewScenic: Yes
  • WaterfrontPond: Yes
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • BasementAreaSquareFootage: 0
  • Basement Type: Partial
  • BasementUnfinished: Yes
  • Kitchen Type: Open
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 3711

Exterior Features

  • Construction Type: Frame
  • Trees: Yes
  • Waterfront Property: Yes

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Garage Type: Detached
  • Numberof Garage Spaces: 2

Utilities

  • Primary Heat Type Other: Yes
  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 5
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,728 $439,800 $149,300 $290,500
2023 $8,865 $439,800 $149,300 $290,500
2022 $8,693 $342,400 $177,400 $165,000
2021 $8,687 $342,400 $177,400 $165,000
2020 $6,892 $342,400 $177,400 $165,000
2019 -- $342,400 $177,400 $165,000
2018 $6,907 $289,600 $124,600 $165,000
2017 $6,843 $289,600 $124,600 $165,000
2016 $4,288 $289,600 $124,600 $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $949,900 -- $256 / Sq Ft
Source: NY State MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Available
Warranty Deed $500,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Theron A Foote
Interfamily Deed Transfer -- Theron A Foote
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Purchase Money Mortgage
Closed $120,000 Purchase Money Mortgage
Source: Public Records

Source: NY State MLS

MLS Number: 11557314

NY State MLS

APN: 564400 188.-2-6.11