249 E Terrace Avenue, Lakewood, NY 14750
Local realty services provided by:HUNT Real Estate ERA
Listed by: rachel willow
Office: howard hanna holt - mayville
MLS#:R1666437
Source:NY_GENRIS
Price summary
- Price:$395,000
- Price per sq. ft.:$270.55
About this home
Welcome to 249½ & 251 East Terrace, a rare opportunity to own a lakefront property on beautiful Chautauqua Lake with over 30 feet of shoreline, panoramic water views, and two homes on one lot. This unique property offers the perfect blend of lakeside lifestyle, flexibility, and investment potential.
The main lakefront home features 3 bedrooms and 1.5 bathrooms, with inviting living spaces designed to capture the natural light and stunning lake views that make Chautauqua Lake living so special. Whether enjoying your morning coffee overlooking the water or gathering with family and friends, this home offers the perfect setting for everyday living or a relaxing lake retreat.
Just steps away, the separate 1-bedroom, 1-bath guest home provides ideal space for extended family, visiting guests, or long-term rental income. Having two homes on one property creates endless possibilities for multi-generational living, vacation rentals, or a private guest cottage.
Outside, enjoy direct lake access with over 30 feet of shoreline, perfect for boating, kayaking, fishing, or simply relaxing by the water. The property also includes a paved driveway and an exterior storage shed and is being sold partially furnished, making it easy to start enjoying lake life right away. An additional 25' x 101' lot located directly across the street is included, providing additional space and future potential.
Located in a peaceful lakeside neighborhood with wonderful neighbors, this property is just minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution, giving you easy access to shopping, dining, entertainment, and all the recreation the Chautauqua Lake region is known for.
Whether you are searching for a year-round lakefront home, a vacation getaway, or an income-producing property on Chautauqua Lake, this rare offering captures the beauty, lifestyle, and opportunity of true lakefront living....
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Home facts
- Year built:1935
- Listing ID #:R1666437
- Added:1 day(s) ago
- Updated:April 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Laminate, Tile, Varies
- Basement:Yes
- Living area:1,460 sq. ft.
Heating and cooling
- Cooling:Wall Units
- Heating:Gas, Hot Water
Structure and exterior
- Year built:1935
- Building area:1,460 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$270.55
- Tax amount:$5,172
Parking
- Parking description:Paved
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