Welcome to this charming 4-bedroom Cape Cod home set on a rare, oversized .45-acre lot in the City of Olean. Perfectly positioned directly adjacent to the Allegheny River Trail, this property offers an unmatched combination of convenience, outdoor recreation, and space — with the scenic trail connecting Olean to St. Bonaventure and Allegany just steps from your backyard. Inside, you’ll find a bright and inviting layout with two bedrooms on the first floor and two additional bedrooms upstairs, offering flexibility for guests, a home office, or a primary suite on either level. The spacious living room is filled with natural light and original hardwood floors, while the kitchen features ample cabinet storage and flows seamlessly into a large family room addition — perfect as a second living area, sunroom, or entertainment space. The expansive yard is one of the largest in the city and offers endless possibilities for gardening, outdoor activities, or future enhancements. The property also sits alongside a paper street, and while the current owner maintains this additional green space, it is not included in the deeded lot — providing extra room to enjoy without the added cost. Additional highlights include a full, open basement ideal for storage or workshop space, a detached garage, and a storage shed. With its prime location next to the trail, generous lot size, and flexible living spaces, this home is a rare find that blends city living with the feel of a private retreat.