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. 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. All offers are due by noon on Tuesday, April 21st.
Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights. 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. All offers are due by noon on Tuesday, April 21st.
Property Details
Price:
$749,900
MLS #:
B1671417
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
Waldmer Park Allotment
Neighborhood:
lakewoodvillage062201
Listed Date:
Apr 13, 2026
Finished Sq Ft:
2,613
Total Sq Ft:
2,613
Lot Size:
12,600 sqft / 0.29 acres (approx)
Year Built:
1890
See this Listing
Schools
School District:
Southwestern
Elementary School:
Southwestern Elementary
Middle School:
Southwestern Middle
High School:
Southwestern Senior High
Interior
Appliances
Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
3
Flooring
Carpet, Hardwood, Marble, Varies, Vinyl
Heating
Gas, Baseboard, Hot Water
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
Laundry Features
Main Level
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Colonial, Historic Antique, Two Story, Traditional, Victorian
Community Features
Trails Paths
Construction Materials
Wood Siding
Exterior Features
Deck, Gravel Driveway
Garage Spaces
1
Lot Features
Corner Lot, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks
Parking Features
Detached, Garage
Patio And Porch Features
Deck, Open, Porch
Stories
2
View
Water
Waterfront Features
Beach Access, Deeded Access, Lake
Window Features
Leaded Glass
Financial
Taxes
$12,945
Map
Community
- Address50 West Terrace Avenue Busti NY
- SubdivisionWaldmer Park Allotment
- CityBusti
- CountyChautauqua
- Zip Code14750
Subdivisions in Busti
Market Summary
Current real estate data for Single Family in Busti as of Apr 23, 2026
32
Single Family Listed
82
Avg DOM
205
Avg $ / SqFt
$337,755
Avg List Price
Property Summary
- Located in the Waldmer Park Allotment subdivision, 50 West Terrace Avenue Busti NY is a Single Family for sale in Busti, NY, 14750. It is listed for $749,900 and features 5 beds, 3 baths, and has approximately 2,613 square feet of living space, and was originally constructed in 1890. The current price per square foot is $287. The average price per square foot for Single Family listings in Busti is $205. The average listing price for Single Family in Busti is $337,755. To schedule a showing of MLS#b1671417 at 50 West Terrace Avenue in Busti, NY, contact your Concrete Jungle Realty agent at 3472420937.
Similar Listings Nearby
Courtesy of Keller Williams Realty Lancaster. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 50 West Terrace Avenue
Busti, NY



