Search
Three-House Multifamily Property
For Sale
$825,000

6979 Nys Route 242 W, Ellicottville, NY 14731

Residential, Ellicottville, NY

Property Size3,136 SF
Lot Size0.77 Acres
Price / SF$263.07
Days on Market988

Property Features for 6979 Nys Route 242 W

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 1, Bedroom 7, Bathroom 6, Bedroom 2, Bedroom 9, Bedroom 5, Bedroom 11, Bedroom 10, Bathroom 1, Bedroom 8, Bedroom 6, Bathroom 3, Bathroom 7, Bathroom 2, Bathroom 4, Bedroom 12, Bedroom 4, Bathroom 5, Bedroom 3
Spa 1
Window features Skylight(s)
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
Lot features Residential Lot
Elementary school Ellicottville Elementary
High school Ellicottville Middle High
Elementary school district Ellicottville
Middle school district Ellicottville
High school district Ellicottville
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.
Subdivision Ellicottville-043689
Standard status Active
APN 043689-055-033-0003-001-000-0000
Size 3,136 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Annual Amount 9261

Utilities

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

Amenities

hot tub
fireplace
front porch
back patio
paved driveway

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Varies, Carpet, Tile
Building materials CompositeSiding
Roof type Metal, Asphalt
Architectural style Other
Additional Structures Storage
Listing Agency: Keller Williams Realty Lancaster
Listed By: Jennifer Courtney · License #10401348851
Added: Dec 22, 2023 Changed: Sep 4 Last Checked: Sep 5 at 6:06PM
MLS# B1514343

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.

Investment Insights

Based on property information with market context.

This multifamily property includes three houses on a 0.7664-acre parcel with 3,136 square feet of property size. The front residence accommodates 16+ guests and includes five bedrooms, three bathrooms, two family rooms, a large kitchen, dining space, two fireplaces, a front porch, and a rear patio with a hot tub. The second house accommodates 12+ guests and can function as two units with separate entrances, while the third residence accommodates 6+ guests and includes two bedrooms, a kitchen, dining area, fireplace, bathroom, and patio with a hot tub.

Located at 6979 Nys Route 242 W in Ellicottville, the property is adjacent to Holimont Ski Area and within a short walk of the village. A paved driveway provides parking for the residences. The property uses a well and septic tank, with natural gas heating, a metal and asphalt roof, and composite siding. A new furnace was installed in the third house on January 12th, 2026.

Key Highlights

  • Three houses on a 0.7664‑acre parcel with 3,136 square feet of property size
  • Front house accommodates 16+ guests with 5 bedrooms, 3 bathrooms, 2 family rooms, and 2 fireplaces
  • Back house accommodates 12+ guests and can be configured as 2 units with separate entrances

Property Analytics

Current Use

Short term rental ...

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 14731, NY

1,269
Population
2,501
Households
0.5
Avg Household Size
54
Median Age
37%
College-Educated
94%
High-School Grad
45.5 sq mi
ZIP Area
28
Density / Sq Mi
$64,091
Median Household Income
$37,750
Median Earnings
$908
Median Rent
$255,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Three residences offer flexible arrangements for group lodging, extended-family use, or separate rental operations.
Where is this multifamily property located?
The property is located at 6979 Nys Route 242 W Ellicottville, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three houses on a 0.7664‑acre parcel with 3,136 square feet of property size; Front house accommodates 16+ guests with 5 bedrooms, 3 bathrooms, 2 family rooms, and 2 fireplaces; Back house accommodates 12+ guests and can be configured as 2 units with separate entrances
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message