Welcome home to this beautifully maintained ranch, where pride of ownership is evident in every detail. From the moment you step onto the inviting front porch, you'll feel the warmth and character this home has to offer. Step inside to gleaming hardwood floors flowing through the main living areas, paired with durable, easy-care ceramic tile in the kitchen and bathroom. A versatile addition was added, currently used as a family room but easily converted to a bedroom. It opens out to a private deck and a fully fenced yard, perfect for relaxing and entertaining. The yard doesn't stop there, stretching out over two additional acres and offering endless possibilities for gardening, recreation, or simply enjoying wide-open space. Downstairs, the finished basement adds serious living space and peace of mind, featuring a second living room or rec room ideal for movie nights, a home gym, or a play area, plus an additional bedroom with direct walk-out access to the outdoors, all backed by a dedicated drainage system with dual sump pumps to keep the space dry and worry-free. Car enthusiasts, hobbyists, and collectors will love the storage this property provides, including an attached one-car garage for everyday convenience, a detached second garage featuring a fantastic workshop, room for another vehicle, and generous storage above, plus an outdoor shed for even more flexibility. Rounding things out, the home offers 200-amp electrical service ready for modern living and future upgrades, central air conditioning for year-round comfort, all stainless steel kitchen appliances, and a charming front porch that's the perfect spot for morning coffee or evening unwinding. This is a rare opportunity to own a home where every major system has been thoughtfully maintained, and every space has been put to good use — all set on a sprawling, private, over-two-acre lot. Homes like this, offering this much space, storage, and care, don't come along often.
Pending
Price cut: $21K (8/25)
$278,900
507 Line St, Olean, NY 14760
3beds
1,736sqft
Single Family Residence
Built in 1955
2.12 Acres Lot
$265,200 Zestimate®
$161/sqft
$-- HOA
What's special
Fully fenced yardSprawling private over-two-acre lotPrivate deckInviting front porchGleaming hardwood floors
- 65 days
- 363
- 16
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Professionals - Olean 716-372-1155,
Paul Pezzimenti 716-378-7039
Source: NYSAMLSs,MLS#: R1702863
Originating MLS: Chautauqua-Cattaraugus
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
- Laundry: In Basement
Features
- Ceiling Fan(s), Eat-in Kitchen, Separate/Formal Living Room, Sliding Glass Door(s), Bedroom on Main Level, Convertible Bedroom, Main Level Primary, Primary Suite
- Flooring: Carpet, Ceramic Tile, Hardwood, Varies
- Doors: Sliding Doors
- Basement: Full,Partially Finished,Walk-Out Access,Sump Pump
- Number of fireplaces: 1
Interior area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Detached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Patio, Porch
- Exterior features: Blacktop Driveway, Concrete Driveway, Deck, Fully Fenced, Patio
- Fencing: Full
Lot
- Size: 2.12 Acres
- Dimensions: 100 x 148
- Features: Corner Lot, Greenbelt, Irregular Lot, Residential Lot
Details
- Additional structures: Barn(s), Outbuilding, Shed(s), Storage
- Parcel number: 04120009406700030060000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding, Copper Plumbing
- Foundation: Block
Condition
- Resale
- Year built: 1955
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $115,000
- Annual tax amount: $8,199
- Date on market: 7/29/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$265,200
$252,000 - $278,000
$2,587/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Pending sale | $278,900$161/sqft |
Source: | ||
| 8/25/2026 | Price change | $278,900-7%$161/sqft |
Source: | ||
| 7/29/2026 | Listed for sale | $299,900$173/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $115,000 |
| 2024 | -- | $115,000 |
| 2023 | -- | $115,000 |
| 2022 | -- | $115,000 |
| 2021 | -- | $115,000 |
| 2020 | -- | $115,000 |
| 2019 | -- | $115,000 |
| 2018 | -- | $115,000 |
| 2017 | $1,726 | $115,000 |
| 2016 | -- | $115,000 |
| 2015 | -- | $115,000 |
| 2014 | -- | $115,000 |
| 2013 | -- | $115,000 |
| 2012 | -- | $115,000 |
| 2011 | -- | $115,000 |
| 2010 | -- | $115,000 |
| 2009 | -- | $115,000 +1322.4% |
| 2008 | -- | $8,085 |
| 2007 | -- | $8,085 |
| 2006 | -- | $8,085 |
| 2005 | -- | $8,085 +1.4% |
| 2004 | -- | $7,975 |
| 2002 | -- | $7,975 +2.5% |
| 2001 | -- | $7,780 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14760
Nearby schools
Schools provided by the listing agent
- Elementary: East View Elementary
- Middle: Olean Middle
- High: Olean Senior High
- District: Olean
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





