19 N Walnut Street, Nunda, NY 14517 (MLS # R1700598)

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View Virtual Tour PRICE $1,200,000 BEDS 9 BATHS 4 HOME SIZE 8,634 sqft LOT SIZE 2.10 ac Request More Info Schedule a Showing

Step into a rare piece of 19th-century craftsmanship with this stunning 8,600-square-foot historic mansion, ideally situated just minutes from the south entrance of Letchworth State Park "” the "Grand Canyon of the East", Stoneybrook State Park, Houghton College, and Swain Ski Resort ~ Built in the 1800s, Elmwood Mansion, also known as The William N. Alward House, offers 9 spacious bedrooms and 4 full bathrooms, blending timeless architectural character with exceptional versatility for today's buyer or investor ~ Upstairs apartment would be perfect for a caretaker or as an updated suite ~ Huge Investment Opportunity! This property presents a compelling income-generating opportunity, with potential to convert the estate into Three self-contained lock off units "” perfect for simultaneous owner occupancy & short-term rentals via Airbnb or VRBO ~ Positioned near one of New York's most visited state parks (approximately 1 million visitors / year), the estate is well-suited to capture year-round tourist demand, with a projected market cap rate of approximately 10% ~ For buyers with a larger vision, an option exists to purchase an additional 45 surrounding acres (00 N Walnut St and 000 Walnut St - tax map #'s 244001-184-010-0001-006-011-0000 & 244089-184-000-0002-007-000-0000) complete with a barn "” opening the door to future development, agritourism, or a picturesque wedding and event venue ~ Solid Mechanics with a blend of Period Specific Characteristics and Modern Comfort. Village Water and Sewer connected. The combination of historic charm, expansive acreage, and proximity to a major regional attraction makes this a truly unique offering for investors, entrepreneurs, or those seeking a legacy property ~ Historical Status is currently intact, and may be continued at the option of the new owner ~ Qualified Buyers Only and Proof of Funding Required for all showings ~ Please provide 48 - 72 hours notice for showing requests ~ Audio & Video Surveillance Throughout the Property.