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7120 Poverty Hill RD Ellicottville, NY 14731
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Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $292
MLS Listing ID B1416596
Sold Date 11/11/22
Style Cabin/Cottage,Two Story
Bedrooms 3
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1928
Annual Tax Amount $7,984
Lot Size 2.550 Acres
Acres 2.55
Lot Dimensions 211X1000
Property Description
A one of a kind property located in the four season resort of Ellicottville. Over 2 ½ acres of natural beauty will create family memories year-round. Both chalets are in excellent condition. Only a 5 minute drive to downtown and the ski slopes. Great privacy and ideal for group gatherings. The flexibility of having two rustic chalets on the same property gives you the opportunity of renting one out through AirBNB as the current owners have done and live in the other very inexpensively. Many updates include: The main chalet which has granite counter tops and a stunning stone fireplace. Open flow first floor with a separate coffee/bar area. Firepit area for and covered porch for summer fun. Deep two car garage for cars and your four wheelers or snowmobiles. The back cabin is a rustic bungalow with a loft bedroom and two covered porches. A nice fire-pit area is a real renter favorite.
Rentals in the back cabin in 2021 totaled $35,000. The front house was rented much less because of owner use and grossed $14,000. The front house can demand double the rent of the back cabin.
Location
State NY
County Cattaraugus
Area Ellicottville-043689
Direction From the north take Lindberg St off 219 to Poverty Hill Rd. Go left on Dickey Rd and the prop. is on the right. From Town, take Maples RD to Poverty Hill Rd. Park at the start of the roadwork, 100ft walk to prop. on the right.
Rooms
Basement Full
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Cathedral Ceiling(s), Dry Bar, Eat-in Kitchen, Separate/Formal Living Room, Granite Counters, Home Office, Kitchen/Family Room Combo, See Remarks, Sliding Glass Door(s), Natural Woodwork, Bedroom on Main Level, In-Law Floorplan, Loft, Programmable Thermostat
Heating Electric, Gas, Zoned, Forced Air, Radiant Floor, Wall Furnace
Cooling Central Air, Wall Unit(s)
Flooring Hardwood, Tile, Varies, Vinyl
Fireplaces Number 2
Fireplace Yes
Appliance Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Range Hood, Wine Cooler
Laundry Main Level
Exterior
Exterior Feature Blacktop Driveway, Deck, Propane Tank - Leased, Private Yard, See Remarks
Garage Spaces 2.0
Utilities Available Cable Available, High Speed Internet Available
Porch Deck, Open, Porch
Garage Yes
Building
Lot Description Secluded, Wooded
Story 2
Foundation Other, See Remarks
Sewer Septic Tank
Water Well
Architectural Style Cabin/Cottage, Two Story
Level or Stories Two
Structure Type Log,Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
School District Ellicottville
Others
Tax ID 043689-046-002-0001-009-004-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Howard Hanna WNY Inc.