$414,900
$24K PRICE DROP

249 E Terrace Ave Lakewood, NY 14750

Estimated payment $2,649/month

Total Views 17,993
3 Beds
1.5 Baths
1,460 Sq Ft
$284 Price per Sq Ft

Highlights

  • Docks
  • Deck
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • Recreation Room
  • Sun or Florida Room

About This Home

Lakefront Living with Endless Possibilities!

Welcome to this breathtaking lakefront property on beautiful Chautauqua Lake, offering over 30 feet of pristine shoreline and panoramic water views. This unique offering includes two homes on one lot, making it ideal for for so many possibilities.

The main home features 3 spacious bedrooms and 1.5 baths, combining comfort and functionality with inviting living spaces and views that never get old. Just steps away, the charming 1-bedroom, 1-bath in-law suite is ideal for privacy, visitors, or potential rental income.

Located in a peaceful and friendly lakeside setting with awesome neighbors, you’ll love the easy access to Lakewood, Jamestown, Bemus Point, and Chautauqua. Enjoy shopping, dining, entertainment, and all the area has to offer—just minutes away.

Paved driveway, exterior shed for extra storage, being sold partially furnished. Also included is an extra 25'x101' lot across the street.

Whether you're looking for a year-round residence, a family retreat, or an investment opportunity, this property checks all the boxes. Come experience the lifestyle only lakefront living can offer!

Listing Agent

Wayne Weaver

Listing by Real Estate Advantage Brokerage Phone: 716-664-1339 License #10301207146 Listed on: 05/14/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1935

Lot Details

  • 7,192 Sq Ft Lot
  • Lot Dimensions are 31x232
  • Rectangular Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Bar
  • Woodwork
  • Ceiling Fan
  • Sitting Room
  • Recreation Room
  • Sun or Florida Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • Squires Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062201-368-020-0004-030-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,710

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1935
  • Attribution Contact: 716-664-1339
  • ResoLaundryFeatures: Main Level, Upper Level
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Squires Park
  • Directions: Summit Ave to E Terrace
  • Architectural Style: Ranch, Two Story
  • Flooring: Carpet, Laminate, Tile, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Dry Bar, Eat-in Kitchen, Guest Accommodations, Partially Furnished, See Remarks, Natural Woodwork, Bedroom on Main Level, In-Law Floorplan
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8
  • Stories: 1

Exterior Features

  • Acres: 0.1651
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Blacktop Driveway, Deck, Dock, Patio, See Remarks
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Southwestern

Lot Info

  • Parcel Number: 062201-368-020-0004-030-000
  • Lot Dimensions: 31X232
  • Lot Size Sq Ft: 7192.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 4710.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $414,900 -5.5% $284 / Sq Ft
05/14/2025 05/14/25 For Sale $439,000 -- $301 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Similar Homes in Lakewood, NY

  • 2093 Shadyside Rd, Lakewood, NY 14750

    $425,000

    • 5 Beds
    • 3 Baths
    • 3,696 Sq Ft
    • 2093 Shadyside Rd
    • Lakewood, NY

    One of a kind home located on a 1.4 acre lot in the Southwestern School district. Home features 4 or 5 bedrooms with 2.5 baths. The massive primary bedroom features a huge walk in shower & jacuzzi tub. Kitchen offers plenty of cabinet space and a breakfast bar. The formal dining room has a nice screened in porch off of it. Awesome family room with vaulted ceilings that features a built in bar,

    Taylor Bennett Keller Williams Realty

    Section Image
  • 11 Webster St, Lakewood, NY 14750

    $349,900

    • 3 Beds
    • 1.5 Baths
    • 1,918 Sq Ft
    • 11 Webster St
    • Lakewood, NY

    In the heart of Lakewood opportunity awaits with this beautifully updated and very well maintained home situated on a large manicured lot. This one is a must seeClick on the virtual reality icon to view a 3D virtual tour of this lovely home. Features a double wide concrete driveway leading to a very nice 2 car finished garage with lots of storage area and a screened in porch off the back of

    James Johnson Real Estate Advantage

    Section Image
  • 216 Laurel Ave, Lakewood, NY 14750

    $399,000

    • 2 Beds
    • 2 Baths
    • 2,053 Sq Ft
    • 216 Laurel Ave
    • Lakewood, NY

    Welcome to this impeccably remodeled ranch in the desirable Village of Lakewood, where top-tier craftsmanship meets modern luxury. Boasting over 2,000+ square feet of living space with 9-foot ceilings. This home offers an open, airy layout ideal for both daily living and entertaining. The open-concept great room seamlessly connects the kitchen to the family area, creating the perfect gathering

    Sandy Calalesina Century 21 Turner Brokers

    Section Image
  • 4406 W Fairmount Ave, Lakewood, NY 14750

    $345,000

    • 3 Beds
    • 2 Baths
    • 1,848 Sq Ft
    • 4406 W Fairmount Ave
    • Lakewood, NY

    Enjoy Chautauqua Lake in this two story, year round 1848 sq ft home with 70' of lake frontage! Main level features living room & dining room...both with hardwood floors and large picture windows for a great lake view! Spacious kitchen...appliances included. There is an office area, bedroom, bath and utility/laundry room on this floor. Upstairs there are two bedrooms, an extra room and a full

    Sandy Calalesina Century 21 Turner Brokers

    Section Image
  • 4454 W Fairmount Ave, Lakewood, NY 14750

    $409,500

    • 2 Beds
    • 2 Baths
    • 1,034 Sq Ft
    • 4454 W Fairmount Ave
    • Lakewood, NY

    Enjoy year-round lake living with this charming 2-bedroom, 2-bath home offering 50 feet of prime lake frontage. Relax in the bright sun room featuring double sliders that open to stunning panoramic water views. The spacious living room provides ample space for entertaining or cozy nights in. Step outside to a large front yard leading to your private dock, complete with a boat lift and easy access

    Rick and Julia McMahon Real Estate Advantage

    Section Image
  • 3710 Cowing Rd, Lakewood, NY 14750

    $387,000

    • 5 Beds
    • 3 Baths
    • 2,448 Sq Ft
    • 3710 Cowing Rd
    • Lakewood, NY

    Nestled on 5 picturesque acres in the desirable Southwestern School District, this spacious 5-bedroom, 3-bathroom home offers the perfect blend of modern comfort and country charm. Step inside to a beautifully updated kitchen featuring white cabinetry, sleek stainless-steel appliances, and breathtaking views overlooking the rolling countryside and peaceful pond.Upstairs, discover 5

    Heather Shea-Canaley ERA Team VP Real Estate

    Section Image
See All Homes in Lakewood

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1606362

Chautauqua-Cattaraugus Board of REALTORS®

APN: 062201 368.20-4-30

New York Chautauqua County Lakewood 14750

249 E Terrace Ave, Lakewood, NY

This home is located at 249 E Terrace Ave, Lakewood, NY 14750 and is currently priced at $414,900, approximately $284 per square foot. This property was built in 1935. 249 E Terrace Ave is a home located in Chautauqua County with nearby schools including Southwestern Elementary School, Southwestern Middle School, and Southwestern Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Chautauqua-Cattaraugus Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Wayne Weaver
Listing Agent
Wayne Weaver
Section Image
Real Estate Advantage
(716) 303-4058