CCertihomes
1581 Olean-Portville Road, Olean, NY 14760

$148,500

3 beds 3 baths 1,528 sqft Built 19200 days on marketActive

About this home

Welcome to your dream home on the edge of Olean! This beautifully maintained 3-bedroom, 2.5-bath residence sits on an impressive 1.5-acre lot, a rare find in this area! Offering privacy, space, and endless possibilities this is the home you have been waiting for. Step onto the inviting front porch, perfect for relaxing evenings and enter a thoughtfully designed interior that blends modern comfort with timeless character. The main level boasts a first-floor primary suite alongside spacious living and dining areas that feature elegant coffered ceilings for added charm and architectural interest. The open kitchen flows effortlessly into the main living space, creating an ideal setup for everyday living and entertaining. Keep warm in the winter months with radiant in floor heating throughout this area. Upstairs, you'll find two generously sized bedrooms and a full bath, offering plenty of room for family, guests, or a home office. Additional highlights include a brand-new tankless hot water system for efficient, on-demand comfort and a portion of the 1.5 acre lot is fenced in, perfect for pets, play, or gardening. With so much room to enjoy, this property offers the ambiance of a rural setting while still being just minutes from all the amenities of town. Don't miss this rare opportunity to own a move-in-ready home on one of the larger lots in Olean!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,072/mo

Real estate (PITI + HOA + PMI)
$1,419
Principal + interest$953
Property tax + insurance$410
PMI / 2nd mortgage$56
Utilities
$1,235
Heating + cooling$468
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,072/mo TLC
Budget$5,000/mo
Remaining after TLC$2,928/mo
Purchase price
$148,500
Down payment
$7,425 (5%)
Loan amount
$141,075
APR
7.15%

Quick facts

Type
SingleFamilyResidence
Style
CapeCod
Year built
1920
Lot size
1.52 ac
Stories
0
Heating
Gas, Radiant, Steam
Cooling
Water
Connected, Public
HOA
Annual tax
$2,560
MLS #
B1629439
County
Cattaraugus

At a glance

Basement
Garage (1)

Home features

Appliances
DryerGasOvenGasRangeGasWaterHeaterRefrigeratorWasher
Interior
CountryKitchenMainLevelPrimaryPrimarySuite
Exterior
GravelDriveway
Parking
DetachedGarageDriveway
Flooring
Varies, Vinyl
Sewer
SepticTank

Lot features

IrregularLot

Neighborhood — 14760

MetricThis ZIPCountyUSA
Population18,73219,351,094299,088,112
Population Change Since1990-14.00%8.00%20.00%
Population Density294395
Male8,8619,381,926147,432,321
Female9,8719,969,168151,655,844
Never Married4,4284,946,39163,775,926
Married7,2587,166,701123,120,365
Separated1,0261,159,67312,639,686
Widowed1,3671,110,24515,467,586
Divorced1,4651,210,44823,075,029
Number Of House Hold7,0997,102,016111,826,380
Average House Hold Size2.442.642.60
Medial Age37.0536.5335.46
Median House Hold Income$35,386$49,847$48,276
Average House Hold Income$46,879$70,032$63,629
P C I$18,889$26,569$24,529
M D I$31,259$42,210$41,133
A T H E$41,723$54,185$50,898
S T R8.00%4.00%
W C J84.88%81.55%77.74%
(Zip) Code
14760

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

Map & walkability

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Listing information last refreshed 8/9/2025. Provided courtesy of Iconic Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.