249 E Terrace Ave Lakewood, NY 14750

Building Details

Year Built

1935

Listing agency Howard Hanna Holt Real Estate r***@howardhanna.com Show Phone

Listed by Rachel Willow · License #10401298021 Show Phone

Source Elliman

Added: Apr 27 Updated: Jul 22 at 5:28AM Checked: Jul 22 at 5:28AM

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Investment Insights

Based on property information with market context.

This lakefront property consists of two homes on one lot, offering separate living spaces with direct access to Chautauqua Lake. The main home includes 3 bedrooms and 1.5 bathrooms, with living areas oriented toward panoramic water views. A separate 1-bedroom, 1-bath guest home sits just steps away and can serve extended-family use or long-term rental income. Outside, the property provides over 30 feet of shoreline for boating, kayaking, fishing, and lakeside relaxation, plus a paved driveway and an exterior storage shed. The homes are being sold partially furnished.

Also included is an additional 25' x 101' lot located directly across the street. The property is in a peaceful lakeside neighborhood and is described as being minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution.

Overall, the configuration supports combined or separate use of both residences while maintaining direct lake access.

Key Highlights

• Two homes on one lot with direct lake access and over 30 feet of shoreline on Chautauqua Lake
• Main lakefront home: 3 bedrooms and 1.5 bathrooms (built in 1935)
• Separate guest home: 1 bedroom and 1 bathroom

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FAQs

What type of property is this?

Duplex - Two homes share one lot with direct lake access and more than 30 feet of shoreline on Chautauqua Lake.

Where is this duplex located?

The property is located at 249 E Terrace Ave Lakewood, NY.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Two homes on one lot with direct lake access and over 30 feet of shoreline on Chautauqua Lake; Main lakefront home: 3 bedrooms and 1.5 bathrooms (built in 1935); Separate guest home: 1 bedroom and 1 bathroom