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$349,000
24 Days On Site

249 E Terrace Avenue
Lakewood, NY 14750

For Sale|Multi Family|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
1,460
SqFt
$239
/SqFt
1935
Built
Subdivision:
Squires Park
County:
Chautauqua
Listing courtesy of Rachel Willow of Howard Hanna Holt - Mayville (678) 938-2552
Call Now: (585) 455-5866
Is this the listing for you? We can help make it yours.
(585) 455-5866
Upcoming Open Houses
Sat, May 23, 10:30 AM - 12:00 PM
249 e terrace avenue249 e terrace avenue249 e terrace avenue249 e terrace avenue
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Mortgage Calculator

Monthly Payment (Est.)

$1,592
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$349,000
Days On Site 
24 Days
Bedrooms 
4
Inside Area (SqFt) 
1,460 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.1651 Acres
Year Built 
1935
MLS® Number 
R1666437
Status 
Active
Property Tax 
$5,172
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoPrice changed to $349,000
4 days agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1651
Cross Street 
Summit avenue
Number Of Stories 
1
Parking 
Paved
Property Sub Type 
Multi Family
SqFt Total 
1460
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterWater Heater
Basement 
None
Cooling 
Wall Unit(s)
Fireplace 
Yes
Fireplaces 
1
Flooring 
CarpetLaminateTileVariesVinyl
Heating 
Hot WaterNatural Gas
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Exterior Features
Construction Details 
Vinyl Siding
Frontage 
31
Lot Features 
Rectangular LotWaterfront
Road Frontage 
City Street
View 
Water
Waterfront 
Yes
Waterfront Features 
Beach AccessLake
Waterview 
Water
Community Features
Financing Terms Available 
CashConventionalFHAUSDA LoanVA Loan
MLS Area 
Lakewood-Village-062201
School District 
Southwestern
Township 
Lakewood-Village
Schools
School District
Southwestern
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Rachel Willow of Howard Hanna Holt - Mayville (678) 938-2552

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The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-05-19 04:51 AM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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