507 Line Street Olean, NY $ 299,900
507 Line Street
$ 299,900
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507 Line Street

Olean, NY, 14760
$ 299,900
Bedrooms3 Baths2.1 Sq 1,736

Monthly Estimate*

$ 1,894

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Single Family Home for sale in Olean, NY

for $299,900 with 3 bedrooms and 2 full baths, 1 half bath. This 1,736 square foot home was built in 1955 on a lot size of 2.12.

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.

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Single Family Active

Price

$ 299,900

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 8,199

Style

Ranch

Lot Size

2.12

Year Built

1955

Town/City

Olean

County/Region

Cattaraugus

MLS | Web ID

R1702863

Features
Interior
Interior Amenities CeilingFans EatInKitchen SeparateFormalLivingRoom SlidingGlassDoors BedroomOnMainLevel ConvertibleBedroom MainLevelPrimary PrimarySuite
Basement Full PartiallyFinished WalkOutAccess SumpPump
Flooring Carpet CeramicTile Hardwood Varies
Total Fireplaces 1
Total Stories 1
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Laundry Features InBasement
Total Bedrooms 3
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 3
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General
Sewer Connected
Heating Gas ForcedAir
Cooling CentralAir
Utilities CableAvailable HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances Dishwasher ElectricOven ElectricRange GasWaterHeater Microwave Refrigerator
Garage Spaces 2.0
Patio/Porch Features Covered Deck Patio Porch
Architectural Style Ranch
Construction Materials AluminumSiding VinylSiding CopperPlumbing
School District Olean
Year Built 1955
Electric CircuitBreakers
Stories Count 1
Township Not Applicable
Levels One
Property Subtype SingleFamilyResidence
County Cattaraugus
Property Type Residential
Attached Garage Yes
Garage Y/N Yes
Other Structures Barns Outbuilding Sheds Storage
Total Rooms 7
Full Baths 2
Status Active
Directions From Route 417 turn onto King Street turn onto Brook St turn left onto Line Street the property is on the left
High School Olean Senior High
City Olean
Senior Community Y/N No
High School District Olean
Number Of Units Total 0
MLS Area Olean-City-041200
Lot Size Units Acres
Lot Size Square Feet 14850.0
Elementary School East View Elementary
Year Built Details Existing
Tax Annual Amount 8199.0
Middle/Junior High School Olean Middle
Property Condition Resale
Virtual Tour https://tour.giraffe360.com/8e29b79d51954449b10873b82ed0fe47 https://tour.giraffe360.com/8e29b79d51954449b10873b82ed0fe47
Standard Status Active
Middle/Junior School District Olean
Elementary School District Olean
Tax Assessed Value 115000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 6
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Exterior
Exterior Amenities BlacktopDriveway ConcreteDriveway Deck FullyFenced Patio
Fencing Full
Parking Features Attached Detached Garage GarageDoorOpener
Lot Features CornerLot Greenbelt IrregularLot ResidentialLot
Water Source Connected Public
Lot Size Area 2.12
Foundation Details Block
Building Area Total 1736.0
Lot Dimensions 100X148
Lot Size Acres 2.12
Waterfront Y/N No
Door Features SlidingDoors
Road Frontage Type CityStreet
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Internal Only
Street Number 1 507
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* Excluded Features
List By
Howard Hanna Professionals - Olean

Broker

(716) 378-7039

Phone

Affordability Calculator

$2,577
Per Month
73%
27%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$683
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3323494 Elementary School
3323364 Middle School
Olean Senior High High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$299,900 Listed Price

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507 Line Street, Olean, NY, 14760 is a Single Family Home for sale at $299,900 with 1,736 sqft and a lot size of 2.12. 507 Line Street has 3 bedrooms, 2.1 baths, and was built in 1955. The property's zip code is 14760 which is in Olean, NY