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    • Price cut: $45K (8/21)
    $645,000

    50 W Terrace Ave, Lakewood, NY 14750

    5beds
    2,613sqft
    Single Family Residence
    Built in 1890
    0.29 Acres Lot
    $-- Zestimate®
    $247/sqft
    $-- HOA

    What's special

    Grand victorian front porchRemarkable original detailsFirst-floor laundryFirst-floor bedroomSprawling double corner lotBeautifully updated bathMature perennial gardens
    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.
    132 days
    |
    894
    |
    63
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty Lancaster 716-324-2300,

    Timothy D Maciejewski 716-989-7440

    Source: NYSAMLSs,MLS#: B1671417MLS LogoOriginating MLS: Buffalo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Bedroom 1
      • Level: First
      • Dimensions: 12.00 x 12.00
      Bedroom 2
      • Level: Second
      • Dimensions: 17.00 x 12.00
      Bedroom 3
      • Level: Second
      • Dimensions: 12.00 x 8.00
      Bedroom 4
      • Level: Second
      • Dimensions: 12.00 x 12.00
      Bedroom 5
      • Level: Second
      • Dimensions: 15.00 x 12.00
      Dining room
      • Level: First
      • Dimensions: 17.00 x 12.00
      Family room
      • Level: First
      • Dimensions: 20.00 x 19.00
      Kitchen
      • Level: First
      • Dimensions: 19.00 x 12.00
      Living room
      • Level: First
      • Dimensions: 24.00 x 12.00
      Heating
      • Gas, Baseboard, Hot Water
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Main Level
      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
      • Flooring: Carpet, Hardwood, Marble, Varies, Vinyl
      • Doors: Sliding Doors
      • Windows: Leaded Glass
      • Basement: Full
      • Number of fireplaces: 3
      • Furnished: Yes
      Interior area
      • Total structure area: 2,613
      • Total interior livable area: 2,613 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached, Garage
      • Garage spaces: 1
      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
      • Body of water: Chautauqua Lake
      Lot
      • Size: 0.29 Acres
      • Dimensions: 70 x 180
      • Features: Corner Lot, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks
      Details
      • Parcel number: 0622013680180002016000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Historic/Antique,Two Story,Traditional,Victorian
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block, Poured
      Condition
      • Resale
      • Year built: 1890

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Trails/Paths
      • Subdivision: Waldmer Park Allotment
      Location
      • Region: Lakewood

      Financial & listing details

      • Price per square foot: $247/sqft
      • Tax assessed value: $285,000
      • Annual tax amount: $12,945
      • Date on market: 4/13/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/21/2026Price change$645,000-6.5%$247/sqft
        Source: NYSAMLSs #B1671417 Report a problem
        5/14/2026Price change$690,000-8%$264/sqft
        Source: NYSAMLSs #B1671417 Report a problem
        4/13/2026Listed for sale$749,900+50%$287/sqft
        Source: NYSAMLSs #B1671417 Report a problem
        3/31/2022Sold$500,000+11.1%$191/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        2/24/2022Pending sale$449,999$172/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        2/18/2022Listed for sale$449,999$172/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        2/11/2022Pending sale$449,999$172/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        2/10/2022Contingent$449,999$172/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        2/10/2022Listed for sale$449,999+36.4%$172/sqft
        Source: NYSAMLSs #R1388349 Report a problem
        11/23/2018Sold$330,000-5.6%$126/sqft
        Source: NYSAMLSs #R1116561 Report a problem
        10/25/2018Pending sale$349,500$134/sqft
        Source: CENTURY 21 Turner Brokers #R1116561 Report a problem
        5/14/2018Listed for sale$349,500+27.6%$134/sqft
        Source: CENTURY 21 Turner Brokers #R1116561 Report a problem
        5/30/2001Sold$274,000+204.4%$105/sqft
        Source: Public Record Report a problem
        6/30/1998Sold$90,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $522,000 +83.2%
        2024-- $285,000
        2023-- $285,000
        2022-- $285,000
        2021-- $285,000
        2020-- $285,000
        2019-- $285,000
        2018-- $285,000
        2017$4,474 $285,000
        2016-- $285,000
        2015-- $285,000
        2014-- $285,000 +0.4%
        2013-- $284,000
        2012-- $284,000
        2011-- $284,000
        2010-- $284,000
        2009-- $284,000 +1.6%
        2008-- $279,500
        2007-- $279,500 +12%
        2006-- $249,600
        2005-- $249,600
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 14750

        Getting around

        41 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Southwestern Elementary
        • Middle: Southwestern Middle
        • High: Southwestern Senior High
        • District: Southwestern

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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