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4994 W Lake Road

Chautauqua, NY 14757
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Bed 4

Bed

Bath 3

Bath

SqFt5,788

Sqft

Acres0.79

Acre(Lot)

Exceptional investment opportunity just north of Chautauqua Institution's Elm Gate. This unique historic multi-family property offers character, flexibility, and tremendous income potential in one of the most desirable locations in the Chautauqua Lake region. Originally constructed as a sawmill, the property has been transformed into a versatile mixed-use residential investment while retaining many of its original architectural details and historic charm. Whether you are seeking an owner-occupied investment, short-term rental opportunity, multi-generational living arrangement, or an income-producing property with future expansion potential, this offering deserves your attention. The primary residential unit is a spacious two-story apartment featuring three bedrooms, two full bathroom s, an attached two-car garage, loft area, and a comfortable sitting room that leads to a private patio. With generous living space and unique character throughout, this unit offers the feel of a single-family home while providing excellent rental potential. The second residential unit is a charming one-bedroom apartment featuring an open-concept living area that is ideal for long-term tenants, short-term rentals, guests, or extended family members. Both units share access to a massive covered porch that creates a welcoming outdoor space and adds to the property's timeless appeal. One of the most exciting features of this property is the expansive open workshop area. Showcasing the original second-floor catwalk from the building's sawmill days, this remarkable space offers endless possibilities. Continue utilizing it as a workshop, studio, storage facility, event space, or hobby area, or explore the potential for conversion into a future third residential unit, subject to municipal approvals and zoning requirements. Located just moments from Chautauqua Institution, Chautauqua Lake, Bemus Point, restaurants, entertainment, and year-round attractions, this property is perfectly positioned to capitalize on the area's strong tourism market and rental demand. Seller is a NYS Lic RE Salesperson

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Detail Ic Property Details

Property Type : Residential

Price : $479,900

AD Id : 80295496

MLS Id : R1686776

Beds : 4

Lot Size : 0.79 Acre

Living Area Size : 5,788

Year Built : 1904

Garage : 2

County : Chautauqua

Subdivision: Canterbury Lakes

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Flooring Information

    Hardwood, Varies
  • Roofing Information

    Membrane, Rubber
  • Interior Features

    Ceiling Fan(s), Storage, Natural Woodwork, Master Downstairs Roof: Membrane, Rubber Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1904 Building Area Total: 5788 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Patio Private Pool: No
  • Exterior Features

    Exterior Features: Private Yard

  • Lot Information

    Lot Dimensions: 135X256 Main Square Feet: 0.7934 Acres Lot Size Acres: 0.7934 Lot Size Square Feet: 34560 Lot Description: Rectangular Lot

    Property Information

    Subdivision: Holland Land Company's Su Source Property Type: Residential Property SubType: Mixed Use Levels: Two Property Age: 122

  • Listing Price Information

    Listing Price: $479900 Cash, Conventional

  • Tax Information

    Parcel Number: 062889-280-013-0001-068-000 Tax Lot: 68 Annual Tax: $5010

  • Parking Information

    Garage, Paved

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    Electricity Connected
  • Location Information

    Direction: From Chautauqua Institution head North. The property is on the right just past the Elm Gate WaterSource: Private, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4028 W Lake Road, Chautauqua, NY, 14757 $3,200,000 6 6 6,300 6,300 SqFt
5892 Whitney Bay Road, Chautauqua, NY, 14757 $575,000 3 1 1,008 1,008 SqFt
4146 W Lake Road, Chautauqua, NY, 14757 $474,900 3 3 1,512 1,512 SqFt
5911 Snug Harbor Road, Chautauqua, NY, 14757 $214,900 2 1 900 900 SqFt
4994 W Lake Road, Chautauqua, NY, 14757 $479,900 4 3 5,788 5,788 SqFt
6040 & 6044 Mill Road, Chautauqua, NY, 14757 $490,000 7 3 3,176 3,176 SqFt
5031 W Lake Road, Chautauqua, NY, 14757 $1,350,000 4 5 4,500 4,500 SqFt
5098 W Lake Road, Chautauqua, NY, 14757 $549,900 4 3 2,757 2,757 SqFt
5105 W Lake Road, Chautauqua, NY, 14757 $549,000 3 3 3,164 3,164 SqFt
5320 W Lake Road, Chautauqua, NY, 14757 $2,199,000 8 7 5,352 5,352 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 06/22/2026 @ 02:22

MLS: R1686776 LISTED BY: AnnaMarie Bennett, ERA Team VP Real Estate 716-413-0200 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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