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    6979 Nys Rte 242 W Ellicottville, NY 14731

    For Sale
    $845,000

    MULTI_FAMILY - Other - Ellicottville, NY

    Property size:
    3,136 SF
    Lot size:
    0.77 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 6979 Nys Rte 242 W

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Spa
    1
    Window features
    Skylight(s)
    Rooms
    Bathroom 7, Bedroom 11, Bedroom 7, Bedroom 9, Bedroom 1, Bedroom 8, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bathroom 6, Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 10, Bedroom 12
    Bedrooms
    12
    Bathrooms
    7
    APN
    043689-055-033-0003-001-000-0000
    Patio and Porch features
    Deck, Patio
    Interior features
    WetBar, CeilingFans, CathedralCeilings, HotTubSpa, SlidingGlassDoors, Storage, Skylights
    Exterior features
    Balcony, Barbecue, Deck, Patio
    Fireplace
    1
    Appliances
    GasWaterHeater
    Size
    3,136 SF
    Lot size
    0.77 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Forced Air, Baseboard
    Water source
    Well

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Tile, Varies
    Building materials
    CompositeSiding
    Roof type
    Asphalt, Metal
    Architectural style
    Other
    Additional Structures
    Storage

    Keller Williams Realty Lancaster (585) 303-7450 [email protected]

    Listing agent Jennifer Courtney (716) 324-2300 License #10401348851

    Listing date Nov 6, 2025

    MLS# B1514343 Listing URL

    Copyright © 2025 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.

    Overview

    Ellicottville Multi-Family Investment Opportunity

    This property presents an investment opportunity with three houses situated near the Holimont Ski Area. The front house accommodates 16+ guests, featuring 5 bedrooms, 3 bathrooms, 2 family rooms, a large kitchen, a dining room, 2 fireplaces, a front porch, and a back patio with a hot tub. The back house sleeps 12+ and can be divided into two units with separate entrances. The first unit includes 3 bedrooms, a large family room, a full bathroom, a kitchen, a dining area, a living room, and a back patio. The second unit, accessible via a connecting door, offers a large family room, a kitchen, a bathroom, and 2 bedrooms. The third house accommodates 6+ guests and includes an open family room with a wood-burning fireplace, a kitchen, a dining room, 2 bedrooms, a full bathroom, and an outdoor patio with a hot tub. The property, situated on a 0.7664-acre lot, features a paved driveway with ample parking. The total property size is 3136 square feet. Located in Ellicottville, NY, this property offers various options, including living in one house and renting the other two, accommodating extended family, or generating rental income from all three houses.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Ellicottville
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.695728
    Latitude
    42.274505

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    FAQs

    What type of property is this?
    Single family property - Three houses near Holimont Ski Area, offering diverse rental possibilities.
    Where is this single family property located?
    The property is located at 6979 Nys Rte 242 W Ellicottville, NY.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Prime location adjacent to Holimont Ski Area, offering immediate access to skiing and a short walk to the village.; - Three separate houses included, providing flexibility for rental income or extended family use.; - High sleeping capacity across all three houses (16+, 12+, and 6+), maximizing rental potential.
    (716) 324-2300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6979 Nys Rte 242 W Ellicottville, NY 14731
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