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5 Beds
3 Baths
2,613 sqft

$645,000

50 West Terrace Avenue, Busti NY, 14750

Price per sqft$246.84
Built in1890
Property size2,613 sqft
Property typeResidential

Overview

Active

Listed Apr 13, 2026

Updated 2 weeks ago

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.

$4,291/mo

Est. mortgage payment based on a $645,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1671417

Interior Features

Bedrooms
5
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Taxes
$12,945
Tax Frequency
Annually
Garage
Yes
View
Yes
Furnished
Yes
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Courtesy of Keller Williams Realty Lancaster, Timothy D Maciejewski

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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 broker(s), The Nielsen Wroda Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:01 AM UTC, 9/3/2026

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