benny.estate
For SaleMLS # R17170739 days on market

5101 Madden Road

Panama, NY 14767 · Chautauqua County

Price

$400,000

Bed / Bath

3 bd · 2.5 ba

Interior

1,288 sqft

Lot

19.50 ac

Built

1972

About this home

18 ACRES OF PRIVACY, SPACE & COUNTRY LIVING! Welcome to 5101 Madden Road, where comfortable living meets the freedom of 18 beautiful acres in the country. This well-maintained 3-bedroom, 2½-bath home offers a finished lower level and incredible outdoor spaces. Step inside through the impressive high-ceiling entry with exposed beams and you’ll immediately notice the warmth and character of this home. The kitchen features stainless appliances and a beautiful walnut island, while the primary suite offers a walk-in shower, soaking tub and spacious walk-in closet. The finished lower level adds valuable living space with an additional bedroom, newly updated spa type bathroom. With a walk out double door and the French drains which have been installed behind the basement walls, this level offers endless possibilities. Energy efficiency is a major bonus here, with a geothermal heating and cooling system and air-source heat-pump water heater installed in 2025, plus solar and a Tesla backup battery installed in 2026. The home also offers multiple supplemental heat sources, including two propane fireplaces and a pellet stove. And then there’s the outdoor living! A remarkable approximately 750-square-foot covered deck provides plenty of room for entertaining and relaxing. A stone patio, fire pit and raised garden beds create even more opportunities to enjoy the outdoors. The property includes a two-story studio building with electric and water/septic lines in place, offering tremendous potential for a studio, workshop, guest space or future conversion. For those looking for land, privacy and outdoor recreation, the 18 acres have been managed for wildlife and currently include multiple food plots. The property features a mix of timber and open areas, with mature landscaping and plenty of room to garden, explore and enjoy nature. If you’ve been looking for more than just a house—if you’re looking for room to breathe, room to garden, room to entertain and room to make the property your own—this could be the one.

Interior features

  • Entrance Foyer
  • Separate Formal Living Room
  • Kitchen Island
  • Kitchen Family Room Combo
  • Living Dining Room
  • Other
  • See Remarks
  • Sliding Glass Doors
  • In Law Floorplan
  • Main Level Primary
  • Primary Suite

Exterior features

  • Gravel Driveway

Appliances

  • Dryer
  • Dishwasher
  • Gas Oven
  • Gas Range
  • Refrigerator
  • Solar Hot Water
  • Washer

Mechanical

Heating

Geothermal, Other, Solar, See Remarks

Cooling

Other, See Remarks, Central Air

Schools

District

Panama

Tax & finance

Annual taxes

$3,875

Financing

Cash · Conventional · FHA · UsdaLoan · VaLoan

Location

Panama, NY 14767 · Chautauqua County

MLS Attribution

Listing courtesy of ERA Team VP Real Estate. Listing agent: Tena Dills. Data last updated 10/10/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.