GREAT NEW PRICE! A rare opportunity to own an extraordinary waterfront retreat on the peaceful shores of Wallace Pond in Canaan, Vermont. This beautifully renovated home showcases a seamless blend of classic craftsmanship and modern sophistication, offering a truly turnkey lakefront lifestyle.Thoughtfully updated throughout, the property features a newly designed primary suite and a convenient direct entry two car garage, completing its elegant transformation. The main level centers around an open concept kitchen, living, and dining area, where expansive windows capture sweeping, unobstructed views of the lake stretching toward Canada—filling the space with natural light and a sense of calm.The private primary suite is a true sanctuary, complete with a whirlpool tub and spa-inspired atmosphere. Two additional bedrooms and a full bath provide comfortable accommodations for guests. The lower level expands the home’s versatility, offering generous space for entertaining and relaxation, including a large living area, flexible sleeping space, a ¾ bath, and an oversized recreation room with direct access to the patio and shoreline perfect for effortless indoor outdoor living.Beyond its beauty, the home is designed for year round comfort with energy efficient mini split systems and radiant in-floor heating. Shoreline stabilization has been professionally completed in partnership with the State of Vermont, ensuring long term waterfront integrity.Enhancing the property even further is a charming, fully renovated waterfront guest cottage, complete with its own kitchen and bath ideal for hosting family and friends with privacy and ease.Offered mostly furnished, this exceptional property is ready for immediate enjoyment just in time for summer on the lake.
Active
Listed by: RE/MAX Northern Edge Realty/Colebrook • Jennifer Rancourt
Price cut: $25.9K (8/2)
$699,000
4012 VT Route 114, Canaan, VT 05903
3beds
3,826sqft
Single Family Residence
Built in 1960
8,712 Square Feet Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
- 222 days
- 158
- 7
Zillow last checked:
Listing updated:
Listed by:
Jennifer Rancourt,
RE/MAX Northern Edge Realty/Colebrook 603-237-5850
Source: PrimeMLS,MLS#: 5075594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Hot Water, Mini Split
Cooling
- Mini Split
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: 1st Floor Laundry
Features
- Kitchen Island, Kitchen/Dining, Kitchen/Family, Living/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Vaulted Ceiling(s)
- Flooring: Tile, Wood
- Windows: Skylight(s)
- Basement: Climate Controlled,Finished,Walk-Out Access
Interior area
- Total structure area: 3,826
- Total interior livable area: 3,826 sqft
- Finished area above ground: 1,754
- Finished area below ground: 2,072
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Garage spaces: 2
Accessibility
- Accessibility features: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Bathroom w/Tub, One-Level Home, 1st Floor Laundry
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Deck, Private Dock
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Body of water: Wallace Pond
- Frontage length: Water frontage: 143,Road frontage: 143
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Additional structures: Guest House
- Parcel number: 12603910178
- Zoning description: planning board
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Concrete, Holding Tank
- Utilities for property: None
Community & HOA
Location
- Region: Canaan
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $380,700
- Annual tax amount: $8,667
- Date on market: 2/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Price change | $699,000-3.6%$183/sqft |
Source: | ||
| 5/6/2026 | Price change | $724,900-6.5%$189/sqft |
Source: | ||
| 2/3/2026 | Listed for sale | $775,000+93.8%$203/sqft |
Source: | ||
| 9/30/2022 | Sold | $400,000-11.1%$105/sqft |
Source: Public Record Report a problem | ||
| 8/30/2021 | Listing removed | -- |
Source: | ||
| 2/25/2021 | Listed for sale | $449,900+136.8%$118/sqft |
Source: | ||
| 5/31/2005 | Sold | $190,000+26.7%$50/sqft |
Source: Public Record Report a problem | ||
| 9/20/2002 | Sold | $150,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $380,700 |
| 2023 | -- | $380,700 |
| 2022 | -- | $380,700 +86.3% |
| 2021 | -- | $204,400 |
| 2020 | -- | $204,400 |
| 2019 | -- | $204,400 |
| 2018 | -- | $204,400 |
| 2017 | -- | $204,400 |
| 2016 | -- | $204,400 +9900% |
| 2015 | -- | $2,044 |
| 2014 | -- | $2,044 |
| 2013 | -- | $2,044 |
| 2012 | -- | $2,044 |
| 2011 | -- | $2,044 |
| 2010 | -- | $2,044 |
| 2009 | -- | $2,044 |
| 2008 | -- | $2,044 +86.7% |
| 2007 | -- | $1,095 +17.1% |
| 2006 | -- | $935 |
| 2003 | $2,085 | $935 |
Find assessor info on the county website
Monthly payment
Est. payment



