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    Lakefront Property with Two Homes Title is generated by Realmo AI

    249 E Terrace Avenue, Lakewood, NY 14750

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    Claim this Listing
    For Sale
    $349,000

    MULTI_FAMILY - Lakewood, NY

    Property size:
    1,460 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $239/SF
    Added:
    Apr 24, 2026
    Days on Market:
    23
    Last Refresh:
    May 16 at 7:06 pm

    Property Features for 249 E Terrace Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1
    Fireplace
    1
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    062201-368-020-0004-030-000
    Size
    1,460 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5172

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)
    Cooling system
    Wall Unit(s)
    Water source
    Public
    Water front features
    Lake, Beach Access
    Water front
    1

    Building Details

    Year built
    1935
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Varies, Laminate, Carpet, Vinyl
    Building materials
    VinylSiding

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    Listing Contact
    Rachel Willow

    Listing agent Rachel Willow License #10401298021

    Listing office Howard Hanna Holt - Mayville W Lake Rd, PO Box 174, Mayville, NY

    Listing date Apr 24, 2026

    MLS# R1666437 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Lakefront property on Chautauqua Lake with over 30 feet of shoreline and panoramic water views.
    • Two homes on one lot: a 3‑bedroom main house and a separate 1‑bedroom guest house, offering flexibility and income potential.
    • Direct lake access for boating, kayaking, fishing, and relaxation.
    • Includes an additional 25' x 101' lot across the street, providing extra space and future potential.
    • Conveniently located near Lakewood, Jamestown, Bemus Point, and Chautauqua Institution for easy access to amenities and recreation.
    • Partially furnished and includes a paved driveway and exterior storage shed for immediate enjoyment.

    Overview

    Located in Lakewood, NY, this lakefront property on Chautauqua Lake features two homes on a single lot, offering over 30 feet of shoreline and panoramic water views. The main lakefront home includes 3 bedrooms and 1.5 bathrooms, with living spaces designed to capture natural light and lake views. The separate 1-bedroom, 1-bath guest home provides space for extended family, visiting guests, or long-term rental income. The property offers possibilities for multi-generational living, vacation rentals, or a private guest cottage. Direct lake access allows for boating, kayaking, fishing, or relaxing by the water. The property includes a paved driveway and an exterior storage shed and is being sold partially furnished. An additional 25' x 101' lot located directly across the street is included. Situated in a lakeside neighborhood, the property is minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution, providing access to shopping, dining, entertainment, and recreation. The property size is 1460 square feet and the lot size is 0.1651 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Chautauqua
    State
    New York
    Longitude
    -79.305656
    Latitude
    42.104031

    FAQs

    What type of property is this?
    Duplex - Lakefront property featuring two homes with investment potential.
    Where is this duplex located?
    The property is located at 249 E Terrace Avenue Lakewood, NY.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Lakefront property on Chautauqua Lake with **over 30 feet of shoreline and panoramic water views.**; **Two homes on one lot:** a 3‑bedroom main house and a separate 1‑bedroom guest house, offering flexibility and income potential.; Direct lake access for boating, kayaking, fishing, and relaxation.
    More about this property
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