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Property at 249 E Terrace Avenue, Busti, NY 14750
OPEN 5/23
ACTIVE
$46,000
$349,000

249 E Terrace AvenueBusti, NY, 14750

4 Beds2.5 Baths1,460 SqFt0.1651 Acres
Welcome to 249½ & 251 East Terrace, a rare opportunity to own a lakefront property on beautiful Chautauqua Lake with over 30 feet of shoreline, panoramic water views, and two homes on one lot. This unique property offers the perfect blend of lakeside lifestyle, flexibility, and investment potential. The main lakefront home features 3 bedrooms and 1.5 bathrooms, with inviting living spaces designed to capture the natural light and stunning lake views that make Chautauqua Lake living so special. Whether enjoying your morning coffee overlooking the water or gathering with family and friends, this home offers the perfect setting for everyday living or a relaxing lake retreat. Just steps away, the separate 1-bedroom, 1-bath guest home provides ideal space for extended family, visiting guests, or long-term rental income. Having two homes on one property creates endless possibilities for multi-generational living, vacation rentals, or a private guest cottage. Outside, enjoy direct lake access with over 30 feet of shoreline, perfect for boating, kayaking, fishing, or simply relaxing by the water. The property also includes a paved driveway and an exterior storage shed and is being sold partially furnished, making it easy to start enjoying lake life right away. An additional 25' x 101' lot located directly across the street is included, providing additional space and future potential. Located in a peaceful lakeside neighborhood with wonderful neighbors, this property is just minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution, giving you easy access to shopping, dining, entertainment, and all the recreation the Chautauqua Lake region is known for. Whether you are searching for a year-round lakefront home, a vacation getaway, or an income-producing property on Chautauqua Lake, this rare offering captures the beauty, lifestyle, and opportunity of true lakefront living.
1 / 34

Est. Monthly

$1,654/mo

$349,000
$46,000

249 E Terrace Avenue, Busti, NY

4 Beds2.5 Baths1,460 SqFt0.1651 Acres

Welcome to 249½ & 251 East Terrace, a rare opportunity to own a lakefront property on beautiful Chautauqua Lake with over 30 feet of shoreline, panoramic water views, and two homes on one lot. This unique property offers the perfect blend of lakeside lifestyle, flexibility, and investment potential. The main lakefront home features 3 bedrooms and 1.5 bathrooms, with inviting living spaces designed to capture the natural light and stunning lake views that make Chautauqua Lake living so special. Whether enjoying your morning coffee overlooking the water or gathering with family and friends, this home offers the perfect setting for everyday living or a relaxing lake retreat. Just steps away, the separate 1-bedroom, 1-bath guest home provides ideal space for extended family, visiting guests, or long-term rental income. Having two homes on one property creates endless possibilities for multi-generational living, vacation rentals, or a private guest cottage. Outside, enjoy direct lake access with over 30 feet of shoreline, perfect for boating, kayaking, fishing, or simply relaxing by the water. The property also includes a paved driveway and an exterior storage shed and is being sold partially furnished, making it easy to start enjoying lake life right away. An additional 25' x 101' lot located directly across the street is included, providing additional space and future potential. Located in a peaceful lakeside neighborhood with wonderful neighbors, this property is just minutes from Lakewood, Jamestown, Bemus Point, and Chautauqua Institution, giving you easy access to shopping, dining, entertainment, and all the recreation the Chautauqua Lake region is known for. Whether you are searching for a year-round lakefront home, a vacation getaway, or an income-producing property on Chautauqua Lake, this rare offering captures the beauty, lifestyle, and opportunity of true lakefront living.

Upcoming
May 23, 2026

2:30 PM - 4:00 PM

Add to Calendar
StatusActive
Property TypeResidential
Property SubtypeSingle Family Residence
Year Built1935
Total Rooms8 rooms
Days on Market28 days

Est. Monthly Payment

$1,654.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

249 E Terrace Avenue

Busti, NY 14750 • Chautauqua
4
Beds
2.5
Baths
1,460
SqFt
0.1651
Acres

Open House

Upcoming Open House

May 23, 2026

2:30 PM - 4:00 PM
Status
Active
Property Type
Residential
Property Subtype
Single Family Residence
Year Built
193591 years ago
Total Rooms
8 rooms
Days on Market
28 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,172
Property History
  • Price reduced
    May 15, 2026 • NYSAMLS • R1666432
    $395,000 → $349,000
  • Listed for sale
    Apr 24, 2026 • NYSAMLS • R1666437
    $395,000
Mortgage Calculator
Estimated monthly payment for this property
$1,654.25
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1666432
  • Listing Office
    Howard Hanna Holt - Mayville
  • Last Updated
    6 days ago

Appliances

  • Appliances
    • Dryer
    • Dishwasher
    • Gas Cooktop
    • Gas Oven
    • Gas Range
    • Gas Water Heater
    • Microwave
    • Refrigerator
    • Washer

Climate & Systems

  • Heating
    • Gas
    • Hot Water

Interior Features

  • Flooring
    • Carpet
    • Laminate
    • Tile
    • Varies
    • Vinyl
  • Basement
    None
  • Interior Features
    • Ceiling Fans
    • Dry Bar
    • Eat In Kitchen
    • Separate Formal Living Room
    • Guest Accommodations
    • Partially Furnished
    • Natural Woodwork
    • Bedroom On Main Level

Parking

  • Parking Features
    No Garage

Lot & Grounds

  • Lot Size
    0.1651 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • View
    Water
  • Patio & Porch
    • Covered
    • Deck
    • Porch
  • Exterior Features
    • Blacktop Driveway
    • Deck
    • Dock
    • See Remarks

Type

  • Property Type
    Residential
  • Property Subtype
    Single Family Residence
  • Architectural Style
    Two Story

Structure

  • Construction
    Vinyl Siding
  • Foundation
    Block

Condition

  • Year Built
    1935
  • Condition
    Resale
  • Days on Market
    28 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected
Also Listed On
  • NYSAMLS
    1 related listing
    Active$349,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

CallEmail
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