249 E Terrace Avenue, Busti, NY 14750

$325,000
4
BD
3
BA
1,460
SqFt

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Sold Price
$325,000
List Price
$349,000
Status
CLOSED
MLS#
R1666432
Closing Date
Aug 13, 2026
Year Built
1935
Bedrooms
4
Bathrooms
3
Baths Half
1
Acres
0.17
Living Area
1,460
Subdivision
Squires Park
Region
Lakewood
Neighborhood
Squires Park

Property Description

Welcome to 249½ & 251 East Terrace, a rare opportunity to own a lakefront property on beautiful Chautauqua Lake with over 30 feet of shoreline, panoramic water views, and two homes on one lot. This unique property offers the perfect blend of lakeside lifestyle, flexibility, and investment potential. The main lakefront home features 3 bedrooms and 1.5 bathrooms, with inviting living spaces designed to capture the natural light and stunning lake views that make Chautauqua Lake living so special. Whether enjoying your morning coffee overlooking the water or gathering with family and friends, this home offers the perfect setting for everyday living or a relaxing lake retreat. Just steps away, the separate 1-bedroom, 1-bath guest home provides ideal space for extended family, visiting guests, or long-term rental income. Having two homes on one property creates endless possibilities for multi-generational living, vacation rentals, or a private guest cottage. Outside, enjoy direct lake access with over 30 feet of shoreline, perfect for boating, kayaking, fishing, or simply relaxing by the water. The property also includes a paved driveway and an exterior storage shed and is being sold partially furnished, making it easy to start enjoying lake life right away. An additional 25' x 101' lot located directly across the street is included, providing additional space and future potential. Located in a peaceful lakeside neighborhood with wonderful neighbors, this property is just minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution, giving you easy access to shopping, dining, entertainment, and all the recreation the Chautauqua Lake region is known for. Whether you are searching for a year-round lakefront home, a vacation getaway, or an income-producing property on Chautauqua Lake, this rare offering captures the beauty, lifestyle, and opportunity of true lakefront living.

Additional Information

Taxes
$5,172
Interior Features
Ceiling Fan(s), Dry Bar, Eat-in Kitchen, Separate/Formal Living Room, Guest Accommodations, Partially Furnished, Natural Woodwork, Bedroom on Main Level
Fireplaces
1
Exterior Features
Blacktop Driveway, Deck, Dock, See Remarks
Style
Two Story
School District
Southwestern
Water
Connected, Public
Sewer
Connected
Waterfront Description
Beach Access, Deeded Access, Dock Access, Lake

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Listing courtesy of Howard Hanna Holt - Mayville. Contact: 678-938-2552

Selling Office: EXP-Premier Listings Team.