Views - Primary on Main
Address
50 W Terrace Avenue, Busti, NY
Price
$ 645,000
Property Attributes
- MLS#B1671417
- TypeSingle Family
- Listing Status Active
- CountyCHAUTAUQUA
- CityBusti
- AreaLakewood-Village
- NeighborhoodWaldmer Park Allotment
- Zip14750
- StyleColonial,HistoricAntique,TwoStory,Traditional,Vict
- Year Built1890
- Taxes$ 12945
- Price$ 645,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2613
- Lot Size0.2893 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Southwestern Elementary | Southwestern Middle | Southwestern Senior High |
| Price History | |
|---|---|
| 4/13/2026 | Listed $749,900 |
| 5/14/2026 | 8$690,000 |
| 8/21/2026 | 7$645,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Gas,Baseboard,HotWater |
| Cooling | CentralAir |
| Utilities | CableAvailable,ElectricityConnected,HighSpeedInternetAvailable,SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Appliances | Dryer,Dishwasher,Disposal,GasOven,GasRange,GasWaterHeater,Microwave,Refrigerator,Washer |
| Garage Spaces | 1.0 |
| Patio/Porch Features | Deck,Open,Porch |
| Architectural Style | Colonial,HistoricAntique,TwoStory,Traditional,Victorian |
| Construction Materials | WoodSiding |
| School District | Southwestern |
| Year Built | 1890 |
| Electric | CircuitBreakers |
| View | Water |
| Stories Count | 2 |
| Township | Lakewood-Village |
| Levels | Two |
| Property Subtype | SingleFamilyResidence |
| Waterfront Features | BeachAccess,DeededAccess,DockAccess,Lake |
| Community Features | TrailsPaths |
| County | Chautauqua |
| Property Type | Residential |
| Attached Garage | No |
| Subdivision Name | Waldmer Park Allotment |
| Garage Y/N | Yes |
| Total Rooms | 12 |
| Full Baths | 2 |
| Status | Active |
| Directions | Corner of W Terrace and Atlantic |
| High School | Southwestern Senior High |
| City | Busti |
| Body of Water | Chautauqua Lake |
| Senior Community Y/N | No |
| High School District | Southwestern |
| MLS Area | Lakewood-Village-062201 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12600.0 |
| Elementary School | Southwestern Elementary |
| Year Built Details | Existing |
| Tax Annual Amount | 12945.0 |
| Middle/Junior High School | Southwestern Middle |
| Property Condition | Resale |
| Virtual Tour | https://listings.threesixtyviews.net/videos/019d77ce-1b67-732d-ad17-f391a7807f4e |
| Standard Status | Active |
| Middle/Junior School District | Southwestern |
| Elementary School District | Southwestern |
| Tax Assessed Value | 285000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 16 |
Interior Features
| Interior Amenities | CeilingFans,SeparateFormalDiningRoom,EatInKitchen,Furnished,HomeOffice,KitchenIsland,SlidingGlassDoors,NaturalWoodwork,BedroomOnMainLevel,BathInPrimaryBedroom |
|---|---|
| Basement | Full |
| Flooring | Carpet,Hardwood,Marble,Varies,Vinyl |
| Furnished Y/N | Furnished |
| Total Fireplaces | 3 |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | LeadedGlass |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Laundry Features | MainLevel |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Deck,GravelDriveway |
|---|---|
| Parking Features | Detached,Garage |
| Lot Features | CornerLot,Other,Rectangular,RectangularLot,ResidentialLot,SeeRemarks |
| Water Source | Connected,Public |
| Lot Size Area | 0.2893 |
| Foundation Details | Block,Poured |
| Building Area Total | 2613.0 |
| Lot Dimensions | 70X180 |
| Lot Size Acres | 0.2893 |
| Waterfront Y/N | No |
| Door Features | SlidingDoors |
| Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 14750
Price
Taxes
Year Built
Visits
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Elysian Homes by Mark Siwiec and Associates, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Elysian Homes by Mark Siwiec and Associates, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing
