11 months on rocket

6979 Nys Route 242 W, Ellicottville, NY, 14731

$1,150,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
7 Full Baths
3,136 SqFt
$367/SqFt
Multi

Location

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6979 Nys Route 242 W, Ellicottville$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Two or More Spaces
Year Built1900
HeatingNatural Gas, Baseboard, Forced Air
CoolingCeiling Fan(s)
MLS #B1514343
Lot Size0.77 Acres
StatusActive

About 6979 Nys Route 242 W

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. 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Triplex
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,136 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Lancaster
  • Office Phone: (716) 998-1126
  • Listing Agent: Jennifer Courtney

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Carpet, Tile, Varies
  • Interior: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Hot Tub/Spa, Sliding Glass Door(s), Storage, Skylights

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Balcony, Barbecue, Deck, Patio

Parking Information:

  • Parking: Paved, Two or More Spaces

Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Forced Air
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From the Village of Ellicottville: Take Washington Street (Rte. 219) through the village. Go straight, pass the main entrance to Holimont, immediately after the entrance to "The Woods" turn left into the driveway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $367/SqFt
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Housing Market Comparison

See how this home compares to others in Ellicottville, NY.

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Ellicottville, NY

City

Med. Sold Price

$410K

Med. Price/SqFt

$289

Avg. Days On Market

66

# of Sold Homes

8

6979 Nys Route 242 W vs Ellicottville

335 DAYS ON ROCKET

+269 Days

$1,150,000

+$740K More

$367/SqFt

+$77 More

KEY TAKEAWAY

This property is $740K more than the Median Sold Price and $77/SqFt more than other homes in Ellicottville, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1514343

Listing Office:

  • Office Name: Keller Williams Realty Lancaster
  • Office Phone: (716) 998-1126
  • Listing Agent: Jennifer Courtney

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-302631
8
/10

  • Ellicottville Elementary School

  • 5873 Route 219 S

  • 3.73 miles

  • Public District Grades PK-5

school-card-donut-302632
4
/10

  • Prospect Elementary School

  • 300 Prospect Ave

  • 7.17 miles

  • Public District Grades PK-3

school-card-donut-302633
3
/10

  • Cattaraugus-Little Valley Elementary School

  • 25 N Franklin St Ste 1

  • 8.50 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,817. Typical income of Ellicottville, NY residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Cattaraugus County›Ellicottville›14731›6979 Nys Route 242 W

This home is located at 6979 Nys Route 242 W in Ellicottville, NY and zip code 14731. This 3,136 square foot home, which was built in 1900, sits on a 0.77 acre lot. Features: 12 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $1,150,000.

In October 2024, from all listings sold in Ellicottville, NY there were more than 1 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price. The number of listings in Ellicottville, NY decreased by 3.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 66 days, the median list price was $410,000.

From Rocket Homes Real Estate and based on county public records data.

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