This house, barn, and garage sit on 4.85 acres includes Free Gas and has amazing hillside views in Olean NY, Cattaraugus County.
The home’s first story has a large open kitchen, 1 bedroom, 1 full bathroom, 2 living rooms, and 2 mudroom entrances. The second story has 3 bedrooms, 1 full bathroom, and a living room area. The attic is unfinished but big enough to create additional living space. The walk-in basement is unfinished but holds the furnace, hot water tank, and plenty of room for storage. The house has a well but also has connectivity to the Olean City water. The house was built with the city water, and the barn was built with the well. The outbuildings include a 40 x 30 stable barn which has a workshop and 4 stalls for horses or other animals, and a 40 x 25 workshop-storage area. All the outbuildings have electric.
The special circumstance of this property is that it comes with free gas off leased gas wells not from the property. The new owner will sign off on receiving the free gas at closing. The property is located in a flood zone as it sits across the street from the Allegheny River. This would require flood insurance if it is going to be financed. The property has 300 feet of road frontage. The driveway is shared by the Olean City Water Department which is the neighbor to the west. The property has so much potential to either be a homestead, a small farm, or a recreational paradise. Located just minutes outside of Olean for all the necessities. Don’t let this opportunity get away! Surface rights convey.
Located approximately 3 minutes to downtown Olean NY, 27 minutes to Salamanca NY, 35 minutes to Ellicottville NY and Rushford NY, 1 hour 28 minutes to Buffalo NY, and 1 hour 50 minutes to Rochester NY.
Active
Price cut: $55K (7/11)
$194,900
1902 E River Rd, Olean, NY 14760
4beds
2,976sqft
Farm, Single Family Residence
Built in 1920
4.85 Acres Lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
- 59 days
- on Zillow |
- 1,205 |
- 70 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 05:39am
Listing by:
Landquest Inc. 607-844-9690,
Travis Thurston 585.386.9413
Source: NYSAMLSs,MLS#: S1614676
Originating MLS: Cortland

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Gas, Forced Air
Appliances
- Included: Dryer, See Remarks, Water Heater, Washer
Features
- Living/Dining Room, Workshop
- Flooring: Carpet, Laminate, Varies
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,976
- Total interior livable area: 2,976 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Driveway, Other
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Gravel Driveway
Lot
- Size: 4.85 Acres
- Dimensions: 300 x 900
- Features: Flood Zone, Irregular Lot
Details
- Parcel number: 04660010300200020150020000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse,Two Story
- Property subtype: Farm, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Stone
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Olean
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $84,500
- Annual tax amount: $4,827
- Date on market: 6/12/2025
- Listing terms: Other,See Remarks
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