Residential Land with Home for Sale in Great Valley, New York

VR Pricing Seller is willing to consider offers from $349,900 to $399,900. Nestled on 5 peaceful acres in the heart of Great Valley, this beautifully maintained single-family home offers endless possibilities - whether you're looking for a full-time residence, a country getaway, or a smart investment opportunity. Step inside and you'll be greeted by cathedral ceilings, a warm wood interior, and a cozy stone fireplace that instantly makes the home feel inviting. The open-concept layout flows seamlessly from the spacious living area into the updated kitchen, complete with stainless steel appliances, custom wood cabinetry, and plenty of natural light. With 4 bedrooms and 2 full baths, the flexible layout includes two separate entryways and egresses, offering the potential to convert the home into a multifamily or in-law setup - ideal for multi-generational living or short-term rental income. Downstairs, a finished lower level features its own second kitchen and living area, expanding the home's versatility even further. Enjoy the outdoors from your covered front porch, overlooking a beautifully landscaped yard with a new metal roof, detached two-car garage, and plenty of open land for recreation, gardening, or future expansion. A newer septic system is already approved for 3-4 bedrooms, adding peace of mind and room to grow. Centrally located just minutes from Ellicottville, Holiday Valley, and Allegany State Park, this home perfectly balances privacy, comfort, and opportunity.