$180,000
$194,900
7.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,976 SqFt
SOLD DATE : 10/27/2025
Key Details
Sold Price $180,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,976 sqft
Price per Sqft $60
MLS Listing ID S1614676
Sold Date 10/27/25
Style Farmhouse,Two Story
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $4,827
Lot Size 4.850 Acres
Acres 4.85
Lot Dimensions 300X900
Property Sub-Type Single Family Residence
Property Description
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.
Location
State NY
County Cattaraugus
Area Olean- Town-046600
Direction From RT 16 turn onto York St., left on E. Riverside Dr., continue for a few miles and property is on the left.
Rooms
Basement Full, Walk-Out Access
Main Level Bedrooms 1
Interior
Interior Features Living/Dining Room, Workshop
Heating Gas, Forced Air
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Dryer, See Remarks, Water Heater, Washer
Exterior
Exterior Feature Gravel Driveway
Parking Features Detached
Garage Spaces 2.0
Garage Yes
Building
Lot Description Flood Zone, Irregular Lot
Story 2
Foundation Stone
Sewer Septic Tank
Water Well
Architectural Style Farmhouse, Two Story
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Olean
Others
Senior Community No
Tax ID 046600-103-002-0002-015-002-0000
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Financing Cash
Special Listing Condition Standard
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Bought with Landquest Inc.
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