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3248 Lockport Olcott Rd, Newfane, NY, 14108

6beds
5baths
5,306sqft
$1,350,000
$254price/sqft
$10,273/moest. monthly cost
$410,920/yrincome needed

About This Home

Why vacation when you can come home to your own private resort? Tucked away on over 14 pristine acres, this stunning custom-built mansion offers a sanctuary of luxury, privacy, and recreation—surrounded by mature trees and a tranquil creek. Step outside to an entertainer’s paradise: an incredible backyard oasis featuring an inground pool, bubbling hot tub, outdoor kitchen, pergola-covered dining area, pool house, basketball court, and expansive concrete patios—perfect for gatherings, celebrations, or simply relaxing in your own slice of paradise. Arrive via the winding driveway and be captivated by a home straight out of a dream. Inside, discover exquisite craftsmanship with custom woodwork and cabinetry, gleaming hardwood floors, floor-to-ceiling windows, and designer light fixtures throughout. The spacious main house offers 4 bedrooms and 3 baths, including a luxurious primary suite with a spa-inspired bathroom and a walk-in closet fit for royalty. Hosting family or guests? The separate in-law apartment features 2 bedrooms and 1 bath, while the finished basement includes a private gym—ideal for fitness enthusiasts. Enjoy holiday feasts and everyday meals in the oversized chef’s kitchen with eat-in area, or entertain in the beautifully appointed formal dining room. Recent upgrades include brand new garage doors and new AC condensers, providing peace of mind and modern convenience. The possibilities here are endless. Imagine the memories you’ll make in this extraordinary estate—where every day feels like a getaway. Where else would you rather be than right here, right now? Schedule your private tour today and experience the lifestyle you’ve always dreamed of! Also listed under ML B161565

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
4/10
Newfane Middle SchoolGrades 5-91.9 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1997

Materials

  • Foundation: Poured
  • Roof: Asphalt
  • Construction materials: Stone,Stucco,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Built-In Oven,Double Oven,Dryer,Dishwasher,Exhaust Fan,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Range Hood,Washer,Humidifier
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Den,Separate/Formal Dining Room,Entrance Foyer,Eat-in Kitchen,Guest Accommodations,Granite Counters,Home Office,Kitchen Island,Pantry,See Remarks,Second Kitchen,Walk-In Pantry,Air Filtration,Bedroom on Main Level,In-Law Floorplan,Bath in Primary Bedroom,Programmable Thermostat
  • Flooring: Ceramic Tile,Hardwood,Varies
  • Number of fireplaces: 2
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas,Zoned,Forced Air
  • Cooling features: Zoned,Central Air

Interior Area

  • Total structure area: 5,306
  • Total interior livable area: 5,306 sqft

Property

Details

  • Parcel number: 2928000530130001050001
  • Special condition: Standard
  • Horse amenities: Horses Allowed

Features

  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Barbecue,Concrete Driveway,Hot Tub/Spa,Pool,Patio
  • Has spa: Yes
  • Waterfront features: River Access,Stream
  • Waterbody name: Twelvemile Creek
  • Frontage length: 900
  • Horses can be raised: Yes

Lot

  • Lot size: 14.80 Acres
  • Features: Irregular Lot,Secluded,Wooded
  • Lot size dimensions: 221 x 900

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage,Circular Driveway,Driveway,Other
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Niagara County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$625$7,500
Property Taxes $1,946$23,352
Electricity $876$10,522
Total$10,273$123,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$352,217/yr
40% on housing$308,190/yr
45% on housing$273,946/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 1.6%
1.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$254This listing

vs Other Active Listings

Avg $/sqft

ZIP 14108$179
Niagara County$123

vs Homes Sold Last Month

Median $/sqft

ZIP 14108$137
Niagara County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-10Listed for sale$1,600,000
2025-06-09Listing removed$1,600,000
2024-06-08Listed for sale$1,600,000
2024-04-25Listing removed--
2024-01-26Listed for sale$1,900,000
2023-12-01Listing removed--
2023-08-26Listed for sale$1,900,000
2023-08-24Pending sale$1,900,000
2023-05-01Listed for sale$1,900,000
2023-05-01Listing removed--
2022-09-09Listed for sale$1,900,000
2003-06-30Sold$470,000

For Sale by Agent

AgentMichelle Petrie
BrokerageWNY Metro Roberts Realty

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