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Property at 6979 Nys Route 242, Ellicottville, NY 14731
ACTIVE
$54,000
$845,000

6979 Nys Route 242Ellicottville, NY, 14731

12 Beds7 Baths3,136 SqFt0.7664 Acres
INCREDIBLE INVESTMENT OPPORTUNITY: 3 houses surrounded by Holimont Ski Area! LOCATION, LOCATION, LOCATION!!!! Holimont is in your back yard and a it's short walk to the village!! This is a rare find! The Front House sleeps 16+ with 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, dining room, 2 fireplaces, front porch, and back patio with a hot tub. The Back House sleeps 12+ and can be split into 2 units with separate entrances: The first unit has 3 bedrooms, a large family room, full bathroom, kitchen, dining area, living room, and back patio. You can either lock out the 2nd unit, or open the connecting door that takes you upstairs to a large family room, kitchen, bathroom, and 2 bedrooms. The 3rd House sleeps 6+ and has open family room with a wood burning fireplace, kitchen, dining room, 2 bedrooms, a full bathroom, and an outdoor patio with a hot tub. This home has just had a new furnace installed Jan. 12th, 2026 The paved driveway is huge and provides plenty of parking for everyone! Tons of potential!!! Live in 1 house and rent the other 2, use all 3 houses for extended family, or bring in tons of rental income by renting all 3 houses. The possibilities are endless! Don't miss this unique opportunity! Motivated seller and will listen to all reasonable offers. Have a look today.
1 / 50

Est. Monthly

$4,005/MO

$845,000
$54,000

6979 Nys Route 242, Ellicottville, NY

12 Beds7 Baths3,136 SqFt0.7664 Acres

INCREDIBLE INVESTMENT OPPORTUNITY: 3 houses surrounded by Holimont Ski Area! LOCATION, LOCATION, LOCATION!!!! Holimont is in your back yard and a it's short walk to the village!! This is a rare find! The Front House sleeps 16+ with 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, dining room, 2 fireplaces, front porch, and back patio with a hot tub. The Back House sleeps 12+ and can be split into 2 units with separate entrances: The first unit has 3 bedrooms, a large family room, full bathroom, kitchen, dining area, living room, and back patio. You can either lock out the 2nd unit, or open the connecting door that takes you upstairs to a large family room, kitchen, bathroom, and 2 bedrooms. The 3rd House sleeps 6+ and has open family room with a wood burning fireplace, kitchen, dining room, 2 bedrooms, a full bathroom, and an outdoor patio with a hot tub. This home has just had a new furnace installed Jan. 12th, 2026 The paved driveway is huge and provides plenty of parking for everyone! Tons of potential!!! Live in 1 house and rent the other 2, use all 3 houses for extended family, or bring in tons of rental income by renting all 3 houses. The possibilities are endless! Don't miss this unique opportunity! Motivated seller and will listen to all reasonable offers. Have a look today.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1900
Days on Market892 days

Est. Monthly Payment

$4,005.28

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

6979 Nys Route 242

Ellicottville, NY 14731 • Cattaraugus
12
Beds
7
Baths
3,136
SqFt
0.7664
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1900126 years ago
Days on Market
892 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $9,261
Property History
  • Price reduced
    Oct 2, 2025 • NYSAMLS • B1514343
    $899,000 → $845,000
  • Listed for sale
    Dec 22, 2023 • NYSAMLS • B1514343
    $1,395,000
Mortgage Calculator
Estimated monthly payment for this property
$4,005.28
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#
    B1514343
  • Listing Office
    Keller Williams Realty Lancaster
  • Last Updated
    16 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Baseboard
    • Forced Air

Interior Features

  • Flooring
    • Carpet
    • Tile
    • Varies
  • Doors
    Sliding Doors
  • Windows
    Skylights
  • Interior Features
    • Wet Bar
    • Ceiling Fans
    • Cathedral Ceilings
    • Hot Tub Spa
    • Sliding Glass Doors
    • Storage
    • Skylights

Parking

  • Parking Features
    • Paved
    • Two Or More Spaces

Lot & Grounds

  • Lot Size
    0.7664 acres
  • Lot Features
    Residential Lot
  • View
    Slope View
  • Patio & Porch
    • Balcony
    • Deck
    • Patio
  • Exterior Features
    • Balcony
    • Barbecue
    • Deck
    • Patio

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    • Detached
    • Triplex

Structure

  • Construction
    Composite Siding
  • Roof
    • Asphalt
    • Metal
    • Other
    • Pitched
    • See Remarks
  • Foundation
    Slab

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Days on Market
    892 days
  • Water
    Well
  • Sewer
    Septic Tank
  • Electric
    Circuit Breakers
  • Utilities
    • Cable Available
    • High Speed Internet Available

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

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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