benny.estate
For SaleMLS # B167141735 days on market

50 Terrace Avenue

Lakewood, NY 14750 · Chautauqua County

Price

$690,000

Bed / Bath

5 bd · 2.5 ba

Interior

2,613 sqft

Lot

12,602 sqft lot

Built

1890

Garage

1-car

↓ Reduced from $749,900

About this home

Steeped in history and offered as a fully furnished, turnkey sanctuary, this distinguished 1874 residence presents a rare opportunity to own a storied piece of Lakewood’s past. Once connected to the Packard family, icons of American automotive innovation, this home is a masterclass in preserved Victorian artistry. Every corner reveals remarkable original details, from the vibrant stained-glass windows to the timeless architectural millwork. Upon entering, the gleaming floor-to-ceiling woodwork serves as a testament to a level of craftsmanship and intricate detail seldom found in the modern era. While the home’s historical integrity has been meticulously guarded, thoughtful updates over the years have seamlessly integrated contemporary comfort with its original character. Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights with dock. The exterior is a classic retreat, featuring a grand Victorian front porch, mature perennial gardens, and an expansive deck designed to capture stunning views of Chautauqua Lake. Inside, the 12-room layout exudes elegance across 5 bedrooms and 2.5 baths. A traditional center hall connects the living room, complete with custom built-in bookcases, to a 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 main-floor bedroom, half bath and first floor laundry and original hardwood floors that add warmth throughout. Upstairs, the primary suite serves as a private haven, boasting a fireplace, a modern finished bath, a chandelier-lit dressing area, and a sitting room with access to restored sleeping porch. Recent infrastructure improvements include a newer roof with lifetime shingles, updated wiring and plumbing, new A/C (2024) and added insulation. Located just a short stroll from Lakewood Beach and minutes from Bemus Point, this is a premier opportunity for a luxury summer retreat or a permanent residence.

Interior features

  • Ceiling Fans
  • Separate Formal Dining Room
  • Eat In Kitchen
  • Furnished
  • Home Office
  • Kitchen Island
  • Sliding Glass Doors
  • Natural Woodwork
  • Bedroom On Main Level
  • Bath In Primary Bedroom

Exterior features

  • Deck
  • Gravel Driveway

Appliances

  • Dryer
  • Dishwasher
  • Disposal
  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Microwave
  • Refrigerator
  • Washer

Mechanical

Heating

Gas, Baseboard, Hot Water

Cooling

Central Air

Schools

District

Southwestern

Elementary

Southwestern Elementary

Middle

Southwestern Middle

High School

Southwestern Senior High

Tax & finance

Annual taxes

$12,945

Financing

Cash · Conventional · FHA · VaLoan

Location

Lakewood, NY 14750 · Chautauqua County

MLS Attribution

Listing courtesy of Keller Williams Realty Lancaster. Listing agent: Timothy D Maciejewski. Data last updated 5/18/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.