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    FOR SALE
    Specialty properties

    4344 W Summit St, Lakewood, NY 14750

    Built 1950
    Property ID
    US63-1714977
    Property summary
    AI-generated overview

    Discover a once-in-a-lifetime chance to own a truly unique property with an impressive 212 feet of lake frontage—a rare gem on the beautiful Chautauqua Lake. Nestled in a prime location, this expansive estate offers sweeping panoramic lake views and endless possibilities. The property features an 8-unit residence, offering incredible flexibility: keep it as an income-generating rental, convert it to a private family retreat, or redevelop and build your dream lakefront estate. Whether you’re an investor, homeowner, or visionary builder, this property is a canvas for your imagination. Additional highlights include a spacious 4-car garage, a wraparound driveway for easy access and ample parking, proximity to dining and stores, and also being nearby major roads and highways. For savvy developers, this property offers multiple redevelopment possibilities, such as luxury lakefront condos or a private estate compound. Properties with this much lake frontage are extremely rare—don’t miss your chance to own a piece of Chautauqua Lake’s finest shoreline. Tons of potential and the location to match!

    Property profile
    Verified
    Property type Specialty properties
    Year built 1950
    UPID US63-1714977
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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