A convenient and wonderful location, this cozy 1 bedroom and 1 bath with a kitchen and living room and an unfinished loft, sits on 1.16 acres There is potential to finish off the loft, enhancing the overall square footage. Within walking distance to Allegany Mountain Resort at Rainbow Lake. The close proximity to the historic village of Ellicottville, Holiday Valley Ski Resort, where there is year-round adventure, adds even more appeal. Access to skiing, snowboarding, and other winter sports combined with hiking, mountain biking, golf, makes it easy to enjoy spontaneous outdoor activities. The beautiful natural surroundings of this home make it a peaceful and attractive place to be rented out to tourists and visitors, live year round or have a getaway home.
The median home value in East Otto, NY is $132,750. This is higher than the county median home value of $131,600. The national median home value is $338,100. The average price of homes sold in East Otto, NY is $132,750. Approximately 61.15% of East Otto homes are owned, compared to 12.32% rented, while 26.52% are vacant. East Otto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Otto real estate agent to arrange a tour today!
East Otto, New York has a population of 1,173. East Otto is more family-centric than the surrounding county with 31.99% of the households containing married families with children. The county average for households married with children is 27%.
The median household income in East Otto, New York is $69,375. The median household income for the surrounding county is $53,537 compared to the national median of $69,021. The median age of people living in East Otto is 35.6 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 46.3 inches per year, with 106.6 inches of snow per year.