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About This Home

This 5-bedroom, 3-bathroom single family at 50 W Terrace Avenue in Lakewood, NY is listed for $690,000 ($264 per sqft). Built in 1890, the home offers 2,613 sqft of living space on a 0.29 acres lot.

Agent Description

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.

Key Features

  • Built in 1890
  • 0.29 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 1 half
1890

Amenities

FireplaceWaterfrontViewHardwoodA/C

Monthly Cost Estimate

$3,690/mo

20% down · 6.5% · 30 years

Principal$499
Interest$2,990
Insurance$201

Estimates only. Actual payments may vary.

Location

50 W Terrace Avenue

Lakewood, NY 14750

Waldmer Park Allotment

Features & Amenities

Interior Features

CeilingFansSeparateFormalDiningRoomEatInKitchenFurnishedHomeOfficeKitchenIslandSlidingGlassDoorsNaturalWoodworkBedroomOnMainLevelBathInPrimaryBedroom

Exterior Features

DeckGravelDriveway

Property Details

Flooring

CarpetMarbleVinylHardwoodVaries

Construction

WoodSiding

Views

Water

Pool Features

PorchDeck

Parking

Garage

Heating

Natural GasBaseboardHot Water(Heating)

Cooling

Central Air

Appliances

DryerDishwasherDisposalGasOvenGasRangeGasWaterHeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 5-bedroom, 3-bathroom single family at 50 W Terrace Avenue is listed at $690,000 ($264/sqft). The estimated monthly payment is $2,990 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.29 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: CeilingFans, SeparateFormalDiningRoom, EatInKitchen. Exterior Features: Deck, GravelDriveway.

This property is listed by Timothy D Maciejewski and can be reached at 7169897440 or tim.m@kw.com.

TM

Timothy D Maciejewski

Agent at Keller Williams Realty Lancaster

(716) 989-7440

Listed by Keller Williams Realty Lancaster · View on Broker Site

MLS# B1671417· Source: listhub· Updated 49 days ago

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

50 W Terrace Avenue, Lakewood, NY 14750

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