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50 W Terrace Ave, Lakewood, NY, 14750

5beds
3baths
2,613sqft
$690,000
$264price/sqft
$5,410/moest. monthly cost
$216,400/yrincome needed

About This Home

Steeped in history and offered as a fully furnished, turnkey sanctuary, this distinguished 1874 residence presents a rare opportunity to own a storied piece of Lakewood’s past. Once connected to the Packard family, icons of American automotive innovation, this home is a masterclass in preserved Victorian artistry. Every corner reveals remarkable original details, from the vibrant stained-glass windows to the timeless architectural millwork. Upon entering, the gleaming floor-to-ceiling woodwork serves as a testament to a level of craftsmanship and intricate detail seldom found in the modern era. While the home’s historical integrity has been meticulously guarded, thoughtful updates over the years have seamlessly integrated contemporary comfort with its original character. Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights with dock. The exterior is a classic retreat, featuring a grand Victorian front porch, mature perennial gardens, and an expansive deck designed to capture stunning views of Chautauqua Lake. Inside, the 12-room layout exudes elegance across 5 bedrooms and 2.5 baths. A traditional center hall connects the living room, complete with custom built-in bookcases, to a 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 main-floor bedroom, half bath and first floor laundry and original hardwood floors that add warmth throughout. Upstairs, the primary suite serves as a private haven, boasting a fireplace, a modern finished bath, a chandelier-lit dressing area, and a sitting room with access to restored sleeping porch. Recent infrastructure improvements include a newer roof with lifetime shingles, updated wiring and plumbing, new A/C (2024) and added insulation. Located just a short stroll from Lakewood Beach and minutes from Bemus Point, this is a premier opportunity for a luxury summer retreat or a permanent residence.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

4/10
7/10
8/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1890

Materials

  • Foundation: Block,Poured
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Historic/Antique,Two Story,Traditional,Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom1

  • Level: First
  • Dimensions: 12.00 x 12.00

Bedroom2

  • Level: Second
  • Dimensions: 17.00 x 12.00

Bedroom3

  • Level: Second
  • Dimensions: 12.00 x 8.00

Bedroom4

  • Level: Second
  • Dimensions: 12.00 x 12.00

Bedroom5

  • Level: Second
  • Dimensions: 15.00 x 12.00

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: First
  • Dimensions: 17.00 x 12.00

Family Room

  • Level: First
  • Dimensions: 20.00 x 19.00

Features

  • Ceiling Fan(s),Separate/Formal Dining Room,Eat-in Kitchen,Furnished,Home Office,Kitchen Island,Sliding Glass Door(s),Natural Woodwork,Bedroom on Main Level,Bath in Primary Bedroom
  • Door features: Sliding Doors
  • Window features: Leaded Glass
  • Flooring: Carpet,Hardwood,Marble,Varies,Vinyl
  • Number of fireplaces: 3
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Gas,Baseboard,Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,613
  • Total interior livable area: 2,613 sqft

Kitchen

  • Level: First
  • Dimensions: 19.00 x 12.00

Living Room

  • Level: First
  • Dimensions: 24.00 x 12.00

Property

Details

  • Parcel number: 0622013680180002016000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Open,Porch
  • Exterior features: Deck,Gravel Driveway
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Beach Access,Deeded Access,Dock Access,Lake
  • Waterbody name: Chautauqua Lake

Lot

  • Lot size: 0.29 Acres
  • Features: Corner Lot,Other,Rectangular,Rectangular Lot,Residential Lot,See Remarks
  • Lot size dimensions: 70 x 180

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1