About This Home

This 3-bedroom, 3-bathroom single family at 507 Line Street in Olean, NY is listed for $278,900 ($161 per sqft). Built in 1955, the home offers 1,736 sqft of living space on a 2.12 acres lot.

Key Features

  • Built in 1955
  • 2.12 acre lot
  • Fireplace

Property Details

1 story
2 full, 1 half
2-car garage
1955

Amenities

FireplaceHardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$1,492/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81

Estimates only. Actual payments may vary.

Location

507 Line Street

Olean, NY 14760

Features & Amenities

Interior Features

CeilingFansEatInKitchenSeparateFormalLivingRoomSlidingGlassDoorsBedroomOnMainLevelConvertibleBedroomMainLevelPrimaryPrimarySuite

Exterior Features

BlacktopDrivewayConcreteDrivewayDeckFullyFencedPatio

Property Details

Flooring

TileVariesCarpetHardwood

Construction

AluminumSiding VinylSiding CopperPlumbing

Outdoor Features

PatioPorchDeck

Parking

GarageOpen

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherElectricOvenElectricRangeGasWaterHeaterMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 3-bathroom single family at 507 Line Street is listed at $278,900 ($161/sqft). The estimated monthly payment is $1,491 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 2.12 acre lot, Fireplace. Interior Features: CeilingFans, EatInKitchen, SeparateFormalLivingRoom. Exterior Features: BlacktopDriveway, ConcreteDriveway, Deck.

This property is listed by Paul Pezzimenti.

PP

Paul Pezzimenti

License 10301214758

Agent at Howard Hanna Holt Real Estate

Listed by Howard Hanna Holt Real Estate · Broker phone: (716) 269-4208 · View on Broker Site · Broker website

MLS# R1702863· Source: New York State Alliance of MLSs, LLC· 91 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 Line Street, Olean, NY 14760

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