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Three-Home Multifamily Property
For Sale
$799,999

6979 Nys Route 242 W, Ellicottville, NY 14731

Residential, Ellicottville, NY

Property Size3,136 SF
Lot Size0.77 Acres
Price / SF$255.10
Days on Market1018

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 10, Bathroom 1, Bedroom 6, Bathroom 6, Bathroom 2, Bedroom 12, Bedroom 5, Bedroom 7, Bathroom 3, Bathroom 5, Bedroom 9, Bedroom 11, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 7, Bedroom 3, Bedroom 1, Bedroom 8
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 Forced Air, Natural Gas, Baseboard
Water source Well

Amenities

hot tub
fireplace
front porch
back patio

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Carpet, Tile, Varies
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 14 Last Checked: Oct 5 at 12:06AM
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 comprises three houses on 0.7664 acres with a combined property size of 3,136 square feet. The front residence accommodates 12 and includes five bedrooms, three bathrooms, two family rooms, a large kitchen, dining space, fireplaces, a porch, and a rear patio with a hot tub. The rear residence can function as one home or two separately entered units, with a combined five bedrooms, two kitchens, multiple living areas, and two bathrooms. The third house accommodates six or more and offers two bedrooms, a kitchen, dining area, family room, full bathroom, wood-burning fireplace, patio, and hot tub.

The property is adjacent to Holimont Ski Area and within walking distance of the village. A large paved driveway provides on-site parking. Additional features include decks, balconies, skylights, storage, cathedral ceilings, natural-gas heating, well water, and a septic system. A new furnace was installed January 12, 2026.

Key Highlights

  • Three houses totaling 3,136 square feet on 0.7664 acres
  • Adjacent to Holimont Ski Area and within walking distance of the village
  • Front house includes 5 bedrooms, 3 bathrooms, 2 family rooms, and a hot tub

Property Analytics

Current Use

Short term rental ...

Lease Details

3
Residential units

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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three separate homes provide flexible layouts for personal use, extended stays, or rental operations near Holimont Ski Area.
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 $799,999.
What are key features of this property?
This property features: Three houses totaling 3,136 square feet on 0.7664 acres; Adjacent to Holimont Ski Area and within walking distance of the village; Front house includes 5 bedrooms, 3 bathrooms, 2 family rooms, and a hot tub
More about this property
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