benny.estate
For SaleMLS # R1637536309 days on market

48 Lake Drive

Chautauqua, NY 14722 · Chautauqua County

Price

$2,690,000

Bed / Bath

5 bd · 2 ba

Interior

2,347 sqft

Lot

2,818 sqft lot

Built

1890

↓ Reduced from $2,790,000

About this home

Exceptional Lakefront Home located in one of the most desirable areas within the renowned, South end of Chautauqua Institution, this home proudly sits on a corner lot overlooking the Lakeside Promenade. This rare home offers 60 feet of property that follows the shoreline, which exceeds most properties in the area. Perfectly positioned with an inviting porch to enjoy summer days rain or shine and watch Chautauqua come alive with boats, joggers and bikers going to Club. There also may be the possibility to use a private dock upon approval of the dock member ownership. The home blends timeless charm with modern conveniences that offer plenty of room for entertaining and guests. This one-of-a-kind cottage has been enjoyed and cared for by the same owners for nearly 50 years. The inside has been lovingly maintained with restored wood floors, original 1890's beadboard, 2 vintage Fireplaces (one in the Parlor with a new insert added in 2024 and one in the Dining Room), and historical architectural features. There are 5 bedrooms plus a bonus room that could be used as additional sleeping, lakeside office space, or as a third bathroom off the primary bedroom, creating a lakeside suite. A second floor sleeping porch, located right off the bedrooms, invites breezy summer nights. If that isn’t enough, the third floor has a large bedroom and a loft area that currently has two twin beds and a queen bed. Cozy living areas and inviting nooks, such as a telephone room, create a warm, intimate atmosphere throughout. With its unparalleled location, this property offers a once-in-a-generation opportunity to own one of Chautauqua Institution’s premier homes. Located near the Hall of Philosophy, the Amphitheater, Heinz beach, Club, Sharp field, YAC and most centrally located venues. Offered furnished. New stainless steel, kitchen appliances, 2 new low-boy, hot water tanks in 2024, plus a third tank as well.

Interior features

  • Ceiling Fans
  • Den
  • Separate Formal Dining Room
  • Furnished
  • Separate Formal Living Room
  • Other
  • Pantry
  • See Remarks
  • Solid Surface Counters

Exterior features

  • Awnings
  • Dock
  • Gravel Driveway
  • See Remarks

Appliances

  • Dishwasher
  • Electric Water Heater
  • Disposal
  • Gas Oven
  • Gas Range
  • Microwave
  • Refrigerator
  • Trash Compactor

Mechanical

Heating

Electric, Gas, Other, See Remarks, Baseboard, Gravity

Cooling

Other, See Remarks, Window Units

Schools

District

Chautauqua Lake

Tax & finance

Annual taxes

$13,630

Financing

Cash · Conventional

Location

Chautauqua, NY 14722 · Chautauqua County

MLS Attribution

Listing courtesy of ERA Team VP Real Estate. Listing agent: Karen Goodell. Data last updated 7/20/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.