About this home
This lakefront retreat is built for outdoor lovers, offering direct access to Lake Wallace and sweeping lake and mountain views from a thoughtfully designed, versatile layout. The main-level home features two bedrooms and one bath, an open-concept kitchen, living, and dining area, and a pellet stove that provides a cozy, efficient secondary heat source after a day of adventures. The loft includes a bedroom plus a flexible space that’s currently used as a gym, creating ample room for an additional sitting area, home office, or hobby space. Direct outdoor living is the centerpiece here. An expansive wraparound deck invites you to relax, and soak in the water and mountain vistas, whether you’re enjoying morning coffee, sunset cocktails, or post-adventure downtime. Direct lake access supports boating, swimming and kayaking, while the .25-acre lot offers plenty of space for gear, gardens, and outdoor activity setups. The unfinished walkout basement features a wide-entry door with drive-in capability, making it easy to store a lawnmower, snowmobiles, kayaks, bikes, or other equipment keeping everything organized and ready for action.
Listing last checked: Listing updated:
Listed by Tanya Roy · A Notch Above Real Estate LLC · MLS #5091675
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Details at a glance
Interior4 property facts
- Rooms
- 7
- Heating
- Oil, Pellet Stove, Forced Air
- Cooling
- None
- Basement
- Yes · Climate Controlled, Concrete, Walkout
Building3 property facts
- Style
- Single Family Residence
- Year built
- 1979
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.25 acres
- Water
- Well
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- Call town of Canaan
Financial2 property facts
- Annual taxes
- $5,884
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $481,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,923 / monthAdjust
- Principal & interest
- $2,432
- Property tax
- $490
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,884. 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 4518 Vermont Route 114
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