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.
Property Details
Price:
$278,900
MLS #:
R1702863
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
oleancity041200
Listed Date:
Jul 29, 2026
Finished Sq Ft:
1,736
Total Sq Ft:
1,736
Lot Size:
14,850 sqft / 2.12 acres (approx)
Year Built:
1955
RanchBarnOutbuildingShedOlean-city-041200Oleancity041200OleanEast View ElementaryOlean MiddleOlean Senior High
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Schools
School District:
Olean
Elementary School:
East View Elementary
Middle School:
Olean Middle
High School:
Olean Senior High
Interior
Appliances
Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Flooring
Carpet, Ceramic Tile, Hardwood, Varies
Heating
Gas, Forced Air
Interior Features
Ceiling Fans, Eat In Kitchen, Separate Formal Living Room, Sliding Glass Doors, Bedroom On Main Level, Convertible Bedroom, Main Level Primary, Primary Suite
Laundry Features
In Basement
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Architectural Style
Ranch
Attached Garage YN
1
Construction Materials
Aluminum Siding, Vinyl Siding, Copper Plumbing
Exterior Features
Blacktop Driveway, Concrete Driveway, Deck, Fully Fenced, Patio
Fencing
Full
Garage Spaces
2
Lot Features
Corner Lot, Greenbelt, Irregular Lot, Residential Lot
Other Structures
Barns, Outbuilding, Sheds, Storage
Parking Features
Attached, Detached, Garage, Garage Door Opener
Patio And Porch Features
Covered, Deck, Patio, Porch
Stories
1
Financial
Taxes
$8,199
Map
Community
- Address507 Line Street Olean NY
- CityOlean
- CountyCattaraugus
- Zip Code14760
Market Summary
Current real estate data for Single Family in Olean as of Sep 03, 2026
84
Single Family Listed
99
Avg DOM
91
Avg $ / SqFt
$137,510
Avg List Price
Property Summary
- 507 Line Street Olean NY is a Single Family for sale in Olean, NY, 14760. It is listed for $278,900 and features 3 beds, 3 baths, and has approximately 1,736 square feet of living space, and was originally constructed in 1955. The current price per square foot is $161. The average price per square foot for Single Family listings in Olean is $91. The average listing price for Single Family in Olean is $137,510.
Similar Listings Nearby
Courtesy of Howard Hanna Professionals – Olean. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 507 Line Street
Olean, NY

