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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.

  • Bedrooms
    3
  • Bathrooms
    2 full · 1 half
  • Year Built
    1955
  • Stories
    1.0
  • Architectural Style
    Ranch
  • Construction Materials
    Vinyl Siding, Aluminum Siding
  • Foundation
    Block
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Paved, Garage Door Opener, Garage, Detached, Concrete
  • Living Area
    1736.0
  • Interior Features
    Ceiling Fan(s), Eat-in Kitchen, Master Downstairs
  • Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator, Gas Water Heater, Electric Oven, Water Heater
  • Flooring
    Hardwood, Carpet, Ceramic Tile, Varies
  • Patio And Porch
    Covered, Patio, Deck, Porch
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Full, Walk-Out Access, Partially Finished, Sump Pump

  • Acres
    2.12
  • Lot Features
    Corner Lot, Irregular Lot, Greenbelt
  • Utilities
    Cable Available, Sewer Connected, Water Connected
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 507 Line St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 507 Line St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 507 Line St?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $278,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Olean, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 507 Line St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 507 Line St at around $2,270. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 507 Line St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cattaraugus County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 507 Line St?

In most cases, yes. Whether 507 Line St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Olean's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 507 Line St?

We can handle that for you. Our preferred local agent specializes in residentials in Olean and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $278,900 with 1,736 sqft of space—that comes out to approximately $161 per square foot.

How long has this property been on the market?

507 Line St was listed on July 29, 2026, which means it's been on the market for 104 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1955, making it approximately 71 years old.

What is the lot size of this property?

507 Line St sits on a 2.12-acre lot, which is 92,347 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: East View Elementary
  • Middle: Olean Middle
  • High: Olean Senior High

Want to see how these schools compare? Check out our Cattaraugus County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 507 Line St?

The most recent public record shows annual property taxes for 507 Line St were approximately $8,199. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 507 Line St still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Upstate New York Real Estate Information Services (UNYREIS). All rights reserved.

Last Updated: November 10, 2026 at 07:15AM | Source: Upstate New York Real Estate Information Services (UNYREIS) | MLS#: R1702863