Welcome to 116 W Terrace Avenue, a stately 4-bedroom, 2.5-bath home located in the heart of Lakewood. Built in 1930, this spacious residence offers nearly 2,800 sq. ft. of living space filled with timeless character and charm. The inviting floor plan features generous living areas, hardwood details, and a cozy fireplace that anchors the main level.
The kitchen and dining spaces provide plenty of room for entertaining, while the 4 well-sized bedrooms offer comfort and flexibility for family or guests. An attached garage adds convenience, and the home sits on an 8,000+ sq. ft. lot—perfect for outdoor enjoyment, gardening, or future enhancements.
With classic architecture, abundant square footage, and a prime Lakewood location close to shops, restaurants, and Chautauqua Lake, this home presents an outstanding opportunity for its next owner to bring vision and updates to an already remarkable property.
Closed
$595,000
116 W Terrace Ave, Lakewood, NY 14750
4beds
2,790sqft
Single Family Residence
Built in 1930
10,660 Square Feet Lot
$622,100 Zestimate®
$213/sqft
$3,423 Estimated rent
Home value
$622,100
$479,000 - $809,000
$3,423/mo
Zestimate® history
Owner options
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$3,423/mo
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$3,423/mo
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$4,264/mo
Est. payment
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$4,264/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Thomas Turner tom@c21turnerbrokers.com,
Century 21 Turner Brokers
Bought with:
Thomas Turner, 10311200036
Century 21 Turner Brokers
Source: NYSAMLSs,MLS#: R1631896
Originating MLS: Chautauqua-Cattaraugus
Originating MLS: Chautauqua-CattaraugusFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Gas, Forced Air
Appliances
- Included: Dryer, Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
- Laundry: Main Level
Features
- Ceiling Fan(s), Eat-in Kitchen, Furnished, Separate/Formal Living Room, Window Treatments, Bedroom on Main Level
- Flooring: Hardwood, Tile, Varies
- Windows: Drapes
- Basement: Full
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 2,790
- Total interior livable area: 2,790 sqft
Property
Parking
- Total spaces: 1.5
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 1.5
Features
- Levels: Two
- Stories: 2
- Exterior features: Blacktop Driveway, Private Yard, See Remarks
Lot
- Size: 10,660 Square Feet
- Dimensions: 147 x 130
- Features: Irregular Lot, Other, See Remarks
Details
- Additional parcels included: 0622013680180002026000
- Parcel number: 0622013680180002027000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- Year built: 1930
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $247,700
- Annual tax amount: $5,461
- Date on market: 8/21/2025
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $595,000$213/sqft |
Source:  NYSAMLSs #R1631896 Report a problem | ||
| 8/21/2025 | Pending sale | $595,000+271.9%$213/sqft |
Source: NYSAMLSs #R1631896 Report a problem | ||
| 9/13/1999 | Sold | $160,000$57/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $472,000 +100% |
| 2024 | -- | $236,000 |
| 2023 | -- | $236,000 |
| 2022 | -- | $236,000 |
| 2021 | -- | $236,000 |
| 2020 | -- | $236,000 |
| 2019 | -- | $236,000 |
| 2018 | -- | $236,000 |
| 2017 | $4,096 | $236,000 |
| 2016 | -- | $236,000 |
| 2015 | -- | $236,000 |
| 2014 | -- | $236,000 +7.9% |
| 2013 | -- | $218,800 |
| 2012 | -- | $218,800 |
| 2011 | -- | $218,800 |
| 2010 | -- | $218,800 |
| 2009 | -- | $218,800 |
| 2008 | -- | $218,800 +14.9% |
| 2007 | -- | $190,500 +11.9% |
| 2006 | -- | $170,200 |
Find assessor info on the county website
Neighborhood: 14750
Nearby homes
- $18,300-- bd-- ba-- sqft116 W Terrace Ave, Lakewood, NY 14750Off Market
- $200,0003 bd1 ba1.7k sqft5 Hawthorne St, Lakewood, NY 14750Off Market
- $200,0003 bd1 ba1.7k sqft5 Hawthorne St, Lakewood, NY 14750Off Market
- $419,4003 bd1 ba1.7k sqft5 Hawthorne St, Lakewood, NY 14750Off Market
- $250,0003 bd2 ba2.7k sqft112 W Terrace Ave, Lakewood, NY 14750Off Market
- $250,0003 bd2 ba2.7k sqft112 W Terrace Ave, Lakewood, NY 14750Off Market
- $530,1003 bd2 ba2.7k sqft112 W Terrace Ave, Lakewood, NY 14750Off Market
- $1,947,8005 bd4 ba5.2k sqft6 Hawthorne St, Lakewood, NY 14750Off Market
Nearby schools
GreatSchools rating
- 3/10Southwestern Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 8/10Southwestern Middle SchoolGrades: 6-8Distance: 2.3 mi
- 8/10Southwestern Senior High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Southwestern
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Chautauqua County
- Lakewood
- 14750
- 116 W Terrace Ave
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Nearby zip codes
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