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Property at 4957 Rt-242, Franklinville, NY 14731
ACTIVE
$39,001
$349,999

4957 Rt-242Franklinville, NY, 14731

3 Beds1 Baths1,056 SqFt2.8 Acres
Just 8 minutes from the heart of Village of Ellicottville, this four-season retreat provides the perfect blend of privacy, convenience, and mountain-town charm. Situated on 2.8 acres, this ranch-style home features 3 bedrooms, a detached garage, hot tub, peaceful pond, and a spacious deck designed to take in the priceless views. This property is truly turn-key, with most furnishings included — making it ideal as a private getaway, second home, full-time residence, or high-performing short-term rental. Why This Property Stands Out The “Goldilocks” Location Being just minutes outside the Village means you avoid the traffic and noise, yet you can be on a chairlift, out to dinner, or exploring town in under 10 minutes. You’re also just minutes from Holiday Valley and local tubing adventures, giving you the full ski-town experience without sacrificing space and privacy. Rare Natural Gas Advantage Homes with acreage in this region often rely on propane or wood. This property provides natural gas heating and a natural gas grill hookup — a major convenience and typically more cost-effective long term. Private Outdoor Recreation With 2.8 acres, a pond, and open views, there’s room to roam in every season. The detached garage provides excellent storage for skis, bikes, and gear — or could potentially be converted into additional guest space. Strong Rental Potential Three bedrooms, plenty of parking, acreage, and privacy make this an attractive option for short-term rentals. Ellicottville has demand for whole-house retreats where families and groups can stay together under one roof rather than splitting up across condos or hotels. If you’ve been searching for a ski house near the mountain with land, privacy, modern convenience, and income potential — this is one you need to see.
1 / 49

Est. Monthly

$1,659/MO

$349,999
$39,001

4957 Rt-242, Franklinville, NY

3 Beds1 Bath1,056 SqFt2.8 Acres

Just 8 minutes from the heart of Village of Ellicottville, this four-season retreat provides the perfect blend of privacy, convenience, and mountain-town charm. Situated on 2.8 acres, this ranch-style home features 3 bedrooms, a detached garage, hot tub, peaceful pond, and a spacious deck designed to take in the priceless views. This property is truly turn-key, with most furnishings included — making it ideal as a private getaway, second home, full-time residence, or high-performing short-term rental. Why This Property Stands Out The “Goldilocks” Location Being just minutes outside the Village means you avoid the traffic and noise, yet you can be on a chairlift, out to dinner, or exploring town in under 10 minutes. You’re also just minutes from Holiday Valley and local tubing adventures, giving you the full ski-town experience without sacrificing space and privacy. Rare Natural Gas Advantage Homes with acreage in this region often rely on propane or wood. This property provides natural gas heating and a natural gas grill hookup — a major convenience and typically more cost-effective long term. Private Outdoor Recreation With 2.8 acres, a pond, and open views, there’s room to roam in every season. The detached garage provides excellent storage for skis, bikes, and gear — or could potentially be converted into additional guest space. Strong Rental Potential Three bedrooms, plenty of parking, acreage, and privacy make this an attractive option for short-term rentals. Ellicottville has demand for whole-house retreats where families and groups can stay together under one roof rather than splitting up across condos or hotels. If you’ve been searching for a ski house near the mountain with land, privacy, modern convenience, and income potential — this is one you need to see.

StatusActive
Property TypeResidential
Property SubtypeSingle Family Residence
Year Built1975
Total Rooms7 rooms
Days on Market116 days

Est. Monthly Payment

$1,658.99

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

4957 Rt-242

Franklinville, NY 14731 • Cattaraugus
3
Beds
1
Bath
1,056
SqFt
2.8
Acres
Status
Active
Property Type
Residential
Property Subtype
Single Family Residence
Year Built
197551 years ago
Total Rooms
7 rooms
Days on Market
116 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $4,750
Property History
  • Price reduced
    Jun 4, 2026 • NYSAMLS • B1663229
    $389,000 → $349,999
  • Listed for sale
    Feb 22, 2026 • NYSAMLS • B1663229
    $399,000
Mortgage Calculator
Estimated monthly payment for this property
$1,658.99
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1663229
  • Listing Office
    Saperston Real Estate Corp
  • Last Updated
    13 days ago

Appliances

  • Appliances
    • Dryer
    • Dishwasher
    • Gas Cooktop
    • Gas Water Heater
    • Microwave
    • Refrigerator
    • Washer

Climate & Systems

  • Heating
    Gas

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Tile
    • Varies
  • Basement
    • Full
    • Partially Finished
  • Interior Features
    • Hot Tub Spa
    • Kitchen Family Room Combo
    • Bedroom On Main Level
    • Main Level Primary
    • Programmable Thermostat

Parking

  • Parking Features
    • Detached
    • Garage
  • Garage Spaces
    1

Lot & Grounds

  • Lot Size
    2.8 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Wooded
  • Patio & Porch
    • Open
    • Porch
  • Exterior Features
    • Dirt Driveway
    • Hot Tub Spa
    • Private Yard
    • See Remarks

Type

  • Property Type
    Residential
  • Property Subtype
    Single Family Residence
  • Architectural Style
    Ranch

Structure

  • Construction
    Vinyl Siding
  • Foundation
    Block

Condition

  • Year Built
    1975
  • Condition
    Resale
  • Days on Market
    116 days
  • Water
    Well
  • Sewer
    Septic Tank

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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