CCertihomes
3 Jefferson Street, Ellicottville, NY 14731

$999,000

9 beds 10 baths 4,608 sqft Built 183597 days on marketActive

About this home

WHETHER YOU ARE LOOKING FOR A SPACIOUS HOME OR A BUSINESS OPPORTUNITY, THIS VILLAGE BED AND BREAKFAST IS A UNIQUE PROPERTY FOR SALE! CURRENTLY OPERATING AS A SUCCESSFUL B & B, THE PROPERTY INCLUDES FIVE RENTAL ROOMS, EACH WITH ENSUITE BATHROOMS, TWO EFFICIENCY APARTMENTS, THE OWNER'S QUARTERS, AND A THIRD-FLOOR APARTMENT THAT COULD BE IDEAL FOR A CARETAKER SUITE. THE ENTRY LEVEL COULD ALSO ACCOMMODATE A HANDICAP-ACCESSIBLE BEDROOM AND BATHROOM FOR ADDED VERSATILITY. THE DINING ROOM IS DESIGNED FOR BOTH LARGE GATHERINGS AND INTIMATE MEALS, FEATURING A FAMILY-SIZED TABLE AS WELL AS SMALLER TABLES AND CHAIRS FOR A COZY AMBIENCE. THE LIVING ROOM OFFERS A RELAXING ATMOSPHERE WITH A FIREPLACE AND A BAR AREA, PERFECT FOR GUESTS TO ENJOY. THE KITCHEN IS FULLY EQUIPPED WITH A CENTER ISLAND AND AN OFFICE WORKSPACE, MAKING IT EASY TO RUN THE BUSINESS EFFICIENTLY. THE OWNER’S ONE-BEDROOM, ONE-BATH APARTMENT WITH A SEPARATE ENTRANCE IS JUST AROUND THE CORNER FROM THE KITCHEN, OFFERING PRIVACY AND COMFORT. THE TWO EFFICIENCY APARTMENTS ARE PET-FRIENDLY, MAKING THEM A GREAT OPTION FOR A VARIETY OF GUESTS. THE THIRD-FLOOR QUARTERS HAVE ONLY EVER BEEN OCCUPIED BY FAMILY AND FRIENDS, ADDING TO THE PROPERTY'S APPEAL. THE WRAP-AROUND FRONT PORCH IS THE PERFECT PLACE TO RELAX, ENJOYING A CUP OF TEA OR HAPPY HOUR IN ONE OF THE ROCKING CHAIRS WHILE TAKING IN THE VILLAGE'S CHARM. RECENT UPDATES INCLUDE NEW SIDING, PORCH, ROOF, HOT WATER TANKS, AND A NEW DISHWASHER. THE SECOND FLOOR IS EQUIPPED WITH CENTRAL AIR CONDITIONING, ENSURING COMFORT FOR GUESTS THROUGHOUT THE YEAR. OWN A PIECE OF ELLICOTTVILLE'S HISTORY AND ENJOY THE CONVENIENCE OF BEING JUST ONE BLOCK AWAY FROM DOWNTOWN SHOPS, RESTAURANTS, AND ALL THE VILLAGE HAS TO OFFER! THIS PROPERTY IS ALSO LISTED COMMERCIALLY UNDER B1514575. DON’T MISS OUT ON THIS RARE OPPORTUNITY TO OWN A WELL-LOVED AND ESTABLISHED B & B IN ONE OF THE MOST DESIRABLE LOCATIONS IN THE VILLAGE. ONLY 1 MILE TO HOLIMONT SKI RESORT, HOLIDAY VALLEY GOLF & SKI RESORT, AND ADVENTURE PARK. ONE HOUR SOUTH OF BUFFALO MAKES THIS THE IDEAL STOP FOR NORTH BOUND OR SOUTH BOUND VISITORS. THE OWNER IS REMAINING IN THE AREA AND CAN ASSIST IN THE SALE TRANSITION.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,479/mo

Real estate (PITI + HOA + PMI)
$7,321
Principal + interest$4,531
Property tax + insurance$2,415
PMI / 2nd mortgage$375
Utilities
$2,889
Heating + cooling$1,298
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$8,479/mo TLC
Budget$8,979/mo
Remaining after TLC$500/mo
Purchase price
$999,000
Down payment
$49,950 (5%)
Loan amount
$949,050
APR
4%

Quick facts

Type
SingleFamilyResidence
Style
Victorian
Year built
1835
Lot size
0.2497 ac
Stories
0
Heating
Gas, Zoned, Baseboard, HotWater
Cooling
Zoned, CentralAir, WindowUnits
Water
Connected, Public
HOA
Annual tax
$15,973
MLS #
B1514674
County
Cattaraugus

At a glance

Air conditioning
Fireplace
Basement

Home features

Appliances
DryerDishwasherGasOvenGasRangeGasWaterHeaterMicrowaveRefrigeratorWineCoolerWasher
Interior
CeilingFansDenSeparateFormalDiningRoomEntranceFoyerSeparateFormalLivingRoomGuestAccommodationsHomeOfficeKitchenIslandLivingDiningRoomPartiallyFurnishedNaturalWoodworkBedroomOnMainLevelConvertibleBedroomInLawFloorplanBathInPrimaryBedroomMainLevelPrimaryPrimarySuite
Exterior
GravelDrivewayHotTubSpa
Parking
NoGarageDriveway
Flooring
Carpet, Hardwood, Varies, Vinyl
Roof
Asphalt, Membrane, Rubber, Shingle
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Schools

Elementary
Ellicottville Elementary
High
Ellicottville Middle High

Neighborhood — 14731

MetricThis ZIPCountyUSA
Population40219,351,094299,088,112
Population Change Since199012.00%8.00%20.00%
Population Density9395
Male2009,381,926147,432,321
Female2029,969,168151,655,844
Never Married824,946,39163,775,926
Married1967,166,701123,120,365
Separated141,159,67312,639,686
Widowed201,110,24515,467,586
Divorced351,210,44823,075,029
Number Of House Hold1717,102,016111,826,380
Average House Hold Size2.322.642.60
Medial Age45.3736.5335.46
Median House Hold Income$48,541$49,847$48,276
Average House Hold Income$60,678$70,032$63,629
P C I$27,179$26,569$24,529
M D I$41,606$42,210$41,133
A T H E$49,875$54,185$50,898
S T R8.00%4.00%
W C J74.82%81.55%77.74%
(Zip) Code
14731

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 12/26/2023. Provided courtesy of Keller Williams Realty Lancaster via Buffalo MLS. Information deemed reliable but not guaranteed.

3 Jefferson Street · Ellicottville — $999,000 · Certihomes