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50 W Terrace Ave

busti, NY 14750

$690,000

  • 5 BR
    2 BA, 1 HALF BA
    approx. 2,613 SF

Interested? Let's Connect

An extraordinary opportunity to own one of Lakewood’s most iconic residences just moments from Chautauqua Lake. Rich in history, architectural character, and timeless craftsmanship, this beautiful Victorian home blends traditional design with the comfort and convenience of thoughtful modern updates in one of Western New York’s most sought-after lake communities.

Every corner reveals remarkable original details, from vibrant stained-glass windows to extraordinary architectural millwork and gleaming floor-to-ceiling woodwork that showcase a level of craftsmanship rarely found today. Thoughtful updates completed over the years seamlessly integrate modern comfort while preserving the home’s original character and charm.

Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights with dock access. The exterior offers a classic lake retreat feel with a grand Victorian front porch, mature perennial gardens, and an expansive deck designed to capture beautiful views of Chautauqua Lake.

Inside, the elegant 12-room layout features 5 bedrooms and 2.5 baths. A traditional center hall connects the inviting living room with custom built-in bookcases to the formal dining room, both anchored by stately fireplaces. The main level is further enhanced by a bright four-season sunroom with sliding glass doors to the deck, a first-floor bedroom, half bath, first-floor laundry, and original hardwood floors that add warmth throughout.

Upstairs, the primary suite serves as a private retreat featuring a fireplace, beautifully updated bath, chandelier-lit dressing area, and sitting room with access to the restored sleeping porch. Recent improvements include a newer roof with lifetime shingles, updated wiring and plumbing, new A/C (2024), and added insulation.

Steeped in local history and connected to the Packard legacy, this is more than a home — it is a rare lifestyle property offering timeless character just a short stroll from Lakewood Beach and minutes from Bemus Point and Jamestown. An exceptional opportunity for a luxury summer retreat or year-round residence.

Details

2,613 Sq Ft

0.2893 Private Acres Lot Size

single family home

$1,079 Monthly Tax

Built in 1890

MLS/Listing ID B1671417

2 Stories

Amenities & Features

Washer

Refrigerator

Microwave

Gas Water Heater

Gas Range

Home Office

Eat-in Kitchen

Bedroomon Main Level

Main Level

Dock Access

Community Sewer

Water

Public Water

Lot - Rectangular Lot

Lot - Corner Lot

Parking - Garage

Parking - Detached

Porch

Open

Deck

Water View

Deeded Access

Beach Access

Lake

Dishwasher

Style - Victorian

Style - Two Story

Style - Traditional

Style - Historic Antique

Style - Colonial

Community - Trails Paths

Construction - Wood Siding

Cooling - Central Air

Cooling - Ceiling Fans

Vinyl

Marble

Gas Oven

Dryer

Disposal

Hardwood

Carpet

Block

Furnished

Heating - Hot Water

Heating - Gas

Heating - Baseboard

Separate Formal Dining Room

Natural Woodwork

Kitchen Island

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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