50 W Terrace Avenue, Lakewood, NY 14750 | MLS #B1671417 | HUNT Real Estate
 
  • 77 days on site
  • 31 views

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.

Source: New York Alliance, MLS#: B1671417

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  • Property Type
    Residential
  • Lot
    0.29 acres

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  • Median Age
    50
  • Population Density
    385
  • College Educated
    50%
  • Estimated Median Income
    $57,841
  • Estimated Total Home Owners
    1,347
  • Estimated Total Renters
    646
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    2
  • Total Population
    4,277
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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