The area currently known as the Bemus Point was first settled by William Bemus in 1806. Bemus had purchased land on both sides of Chautauqua Lake from the Land Company in 1805 at a cost of $1.50. He moved his family to the east side of the lake (in the area now known as Bemus Point) on March 9, 1806. The Bemus family lived in a log cabin approximately 500-660 feet northeast of the current ferry landing site.
The ferry located in Bemus Point was founded in 1811 by Thomas Bemus. The original ferry was a raft built by Thomas, and had to be pulled across the lake. Today, the ferry is a paddle-wheel driven ferry that runs on cables and is operated by the Chautauqua Lake Historic Vessels Company. Until the nearby bridge (now part of I-86) opened October 30, 1982, the Bemus-Stow Ferry was the only way to cross Chautauqua Lake. When closed for the winter months, motorist had to travel north-west to Mayville, or south-east to Jamestown to reach Stow. Either way was a 19-mile round trip. Local residents often purchased a seasonal pass to use the ferry, commuting to Lakewood, Sherman, or other areas west of the lake.
Throughout the 1800's, Bemus Point gained popularity as a tourist destination, which promoted its growth and development. By the early 1900's, a dance hall known as the Casino (which still exists as a restaurant), became a well-known venue for entertainment, particularly big band music.
The Village of Bemus Point was incorporated in 1911.