Nys Rte #16-S, Olean, NY 14760
OFF MARKET

Nys Rte #16-S
Olean, NY 14760

    (on 56.60 acres)

    Local Information

    • Map ViewExplore the area around Nys Rte #16-S.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    This land is situated right on Route 16 with plenty of road frontage. It has over 56 acres and is great for four wheeling or recreation. There is a lease on the property that pays the landowner $3,000 per year. This property sits at the top of a mountain and would be ideal for communication towers.
    Nys Rte #16-S, Olean, NY 14760 is a lot/land built in 1900. It last sold for $65,000 on Nov 21, 2023 (19% below the $79,900 asking price). It is currently off market.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Nys Rte #16-S

    Active Status

    MLS Status: Closed

    Interior Features

    Appliances & Utilities
    Utilities: None, Sewer Not Available, Water Not Available
    Fireplace & Spa
    No Fireplace

    Exterior Features

    Exterior Home Features
    Vegetation: WoodedOther Structures: NoneExterior: Gravel Driveway
    Frontage
    Road Frontage: County RoadNot on Waterfront
    Water & Sewer
    Sewer: None
    Surface & Elevation
    Topography: Rolling

    Days on Market

    Cumulative Days on Market: 35

    Property Information

    Year Built
    Year Built: 1900
    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Condition: ResaleUsage of Home: RecreationalParcel Number: 1030030002072.1

    Price & Status

    Price
    List Price: $79,900
    Status Change & Dates
    Off Market Date: Tue Sep 05 2023Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Olean
    School Information
    Elementary School: Allegany ElementaryElementary School District: Allegany-LimestoneJr High / Middle School: Allegany-Limestone MiddleJr High / Middle School District: Allegany-LimestoneHigh School: Allegany-Limestone HighHigh School District: Allegany-Limestone

    Community

    Not Senior Community

    HOA

    Association for this Listing: Chautauqua-Cattaraugus

    Lot Information

    Lot Area: 56.6 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: R1484087Living Area Range Units: Square FeetAttribution Contact: 716-378-8989Universal Property Id: US-36009-N-10300300020721-R-N
    Last check for updates: about 16 hours ago
    Listed by Dennis B. Pezzimenti, (716) 378-8989
    Howard Hanna Professionals - Olean
    Bought with: Kenneth M. Bailey, (716) 307-6960, Real Estate Pros & More
    Originating MLS: Chautauqua-Cattaraugus
    Source: NYSAMLSs, MLS#R1484087

    Price History for Nys Rte #16-S

    DatePriceEventSource
    11/21/2023$65,000Sold
    NYSAMLSs #R1484087
    09/06/2023$79,900PendingNYSAMLSs #R1484087
    08/15/2023$79,900PendingToActiveNYSAMLSs #R1484087
    07/27/2023$79,900PendingNYSAMLSs #R1484087
    07/24/2023$79,900PendingToActiveNYSAMLSs #R1484087
    07/21/2023$79,900PendingNYSAMLSs #R1484087
    07/12/2023$79,900Listed For SaleNYSAMLSs #R1484087

    Market trends in Olean

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    62
    8    MoM
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    Comparable Sales for Nys Rte #16-S

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Indian Creek Rd, Olean, NY
    0.57
    Lot/Land
    $50,000
    01/09/26
    -
    -
    867 Lippert Hollow Rd #14, Allegany, NY
    0.79
    Lot/Land
    $35,000
    05/15/26
    -
    -
    1173 Little Loop Rd, Portville, NY
    4.61
    Lot/Land
    $119,900
    08/01/25
    1
    -
    500
    1127 Little Loop Rd, Portville, NY
    4.50
    Lot/Land
    $54,900
    08/04/25
    2
    1
    720
    1110 Little Loop Rd, Portville, NY
    4.39
    Lot/Land
    $34,000
    07/25/25
    2
    1
    720
    1209 Little Loop Rd, Portville, NY
    4.51
    Lot/Land
    $115,000
    06/05/26
    1
    1
    650
    1446 Penn Ave #24, Westons Mills, NY
    5.24
    Lot/Land
    $120,000
    01/15/26
    6
    1.5
    2,992
    2364 Five Mile Rd #15, Allegany, NY
    5.70
    Lot/Land
    $272,500
    01/28/26
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for Nys Rte #16-S.

    What Locals Say about Olean

    At least 74 Trulia users voted on each feature.

    • 88 % Say there are sidewalks

    • 87 % Say yards are well-kept

    • 87 % Say it's dog friendly

    • 83 % Say parking is easy

    • 79 % Say there's holiday spirit

    • 78 % Say car is needed

    • 74 % Say kids play outside

    • 73 % Say it's walkable to restaurants

    • 72 % Say it's walkable to grocery stores

    • 68 % Say streets are well-lit

    • 63 % Say people would walk alone at night

    • 61 % Say there's wildlife

    • 55 % Say neighbors are friendly

    • 51 % Say it's quiet

    • 43 % Say they plan to stay for at least 5 years

    • 26 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Treshina Parks
      "There is a dog park. There are two spaces and they are separated by a fence. And people are very respectful. "
      0
      Flag
    • Kcchase5
      "I do not own a dog. But I see the dogs being walked around town and in the parks. As long as they are calm and not aggressive. "
      0
      Flag
    • Trulia User
      "what kind of education and attention their getting from school! Its beat to know what kind of ppl their hanging around, role models and inspiring ppl!"
      0
      Flag
    • Susan.kriner
      "We’re close to many public events at War Vets Park and Bradners Stadium. Too many to list! Far enough away to hear the echo’s but not have it overwhelmingly take over our daily life. "
      2
      Flag
    • Kristin B.
      "This is a great place to live and raise your kids. Police patrol regularly in crime is low. Recreational activities available as well"
      0
      Flag
    • Kristin B.
      "Recreational programs offered like ice skating, sports events, youth sport sign ups. Police patrol through the city often"
      0
      Flag
    • Kristin B.
      "I lived here for 10 years and it’s a great place to raise kids. House prices are reasonable and there is a heavy police presence protecting the area all the time"
      2
      Flag
    • Skbb18
      "Strollean - big fun party. Local breweries. Great fireworks. Cutco visitor’s center. Lots of parks. Beef and barrel restaurant."
      0
      Flag
    • Corinne Q.
      "Dogs are being walked all the time. The neighborhood is quiet and peaceful. There are sidewalks which are well maintained and neighbors are friendly. "
      0
      Flag
    • Katlyn L.
      "Incredibly walkable, which is great for teenagers and people without cars. Some areas are not great traffic wise but that's to be expected."
      1
      Flag
    • TZ
      "I just moved out of the city but lived there in my last house for ten years. My neighbors became my friends. We helped each other and looked after each other. Everyone on our block maintained their homes and yards well. It was a great West End neighborhood. Plus, it was convenient to everything - grocery, bank, gym, restaurant, movie and even the liquor store!"
      0
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    • Kelly
      "Restaurants, groceries and retail shops all within easy walking distance but with the river nearby there is a country-feel too"
      0
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    • Robert W.
      "I have lived here for almos 40 years and have never encountered neighbors like these. These neighbors drive past our house blowing their horns at obscene hours of the day, they tell obscenities at me and my mother and claim they are "vigilantes" carrying out "mob rule." We have had enough of the harassing comments, destruction of our property, and the camera pointed off their house and into my bedroom. Someone moving into Fountain Street beware."
      14
      Flag
    • Bob K.
      "there are many families and many grandparents in this neighborhood. There is a nice playground with ballground and basketball hoop. The park has a spotlight to illuminate at night ."
      0
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    • Karri E. J.
      "I work and live here. It's a great place to either retire or raise children. Downtown is only a couple of blocks away. The library is located a block away. "
      1
      Flag
    • Saadzmirza
      "A nice neighborhood with friendly people and scenically overlooks the Olean Metro Area. Some notable Olean residents live here."
      1
      Flag

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    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-07-09 17:48:30 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.