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Bean Group
Offered at $699,000Active
beds
3
baths
3
sq ft
3,826
Built
1960

4012 VT Route 114

Canaan, VT 05903

About this home

GREAT NEW PRICE! A rare opportunity to own an extraordinary waterfront retreat on the peaceful shores of Wallace Pond in Canaan, Vermont. This beautifully renovated home showcases a seamless blend of classic craftsmanship and modern sophistication, offering a truly turnkey lakefront lifestyle.Thoughtfully updated throughout, the property features a newly designed primary suite and a convenient direct entry two car garage, completing its elegant transformation. The main level centers around an open concept kitchen, living, and dining area, where expansive windows capture sweeping, unobstructed views of the lake stretching toward Canada—filling the space with natural light and a sense of calm.The private primary suite is a true sanctuary, complete with a whirlpool tub and spa-inspired atmosphere. Two additional bedrooms and a full bath provide comfortable accommodations for guests. The lower level expands the home’s versatility, offering generous space for entertaining and relaxation, including a large living area, flexible sleeping space, a ¾ bath, and an oversized recreation room with direct access to the patio and shoreline perfect for effortless indoor outdoor living.Beyond its beauty, the home is designed for year round comfort with energy efficient mini split systems and radiant in-floor heating. Shoreline stabilization has been professionally completed in partnership with the State of Vermont, ensuring long term waterfront integrity.Enhancing the property even further is a charming, fully renovated waterfront guest cottage, complete with its own kitchen and bath ideal for hosting family and friends with privacy and ease.Offered mostly furnished, this exceptional property is ready for immediate enjoyment just in time for summer on the lake.

Listing last checked: Listing updated:

Listed by Jennifer Rancourt · RE/MAX Northern Edge Realty/Colebrook · MLS #5075594

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Details at a glance

Interior4 property facts
Rooms
10
Heating
Hot Water
Flooring
Tile, Wood
Basement
Yes · Climate Controlled, Finished
Building5 property facts
Style
Single Family Residence
Year built
1960
Garage
2
Parking
2
Roof
Shingle
Land & utilities6 property facts
Lot size
0.2 acres
Water
Well
Sewer
Holding Tank
Waterfront
Y
Pool
Not reported
Zoning
planning board
Financial2 property facts
Annual taxes
$8,668
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $699,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,257 / monthAdjust
Principal & interest
$3,535
Property tax
$722
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,668. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 4012 VT Route 114

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Request a tour of 4012 VT Route 114 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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