An extraordinary opportunity to own one of Lakewood’s most iconic residences just moments from Chautauqua Lake. Rich in history, architectural character, and timeless craftsmanship, this beautiful Victorian home blends traditional design with the comfort and convenience of thoughtful modern updates in one of Western New York’s most sought-after lake communities.
Every corner reveals remarkable original details, from vibrant stained-glass windows to extraordinary architectural millwork and gleaming floor-to-ceiling woodwork that showcase a level of craftsmanship rarely found today. Thoughtful updates completed over the years seamlessly integrate modern comfort while preserving the home’s original character and charm.
Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights with dock access. The exterior offers a classic lake retreat feel with a grand Victorian front porch, mature perennial gardens, and an expansive deck designed to capture beautiful views of Chautauqua Lake.
Inside, the elegant 12-room layout features 5 bedrooms and 2.5 baths. A traditional center hall connects the inviting living room with custom built-in bookcases to the 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 first-floor bedroom, half bath, first-floor laundry, and original hardwood floors that add warmth throughout.
Upstairs, the primary suite serves as a private retreat featuring a fireplace, beautifully updated bath, chandelier-lit dressing area, and sitting room with access to the restored sleeping porch. Recent improvements include a newer roof with lifetime shingles, updated wiring and plumbing, new A/C (2024), and added insulation.
Steeped in local history and connected to the Packard legacy, this is more than a home — it is a rare lifestyle property offering timeless character just a short stroll from Lakewood Beach and minutes from Bemus Point and Jamestown. An exceptional opportunity for a luxury summer retreat or year-round residence.
Every corner reveals remarkable original details, from vibrant stained-glass windows to extraordinary architectural millwork and gleaming floor-to-ceiling woodwork that showcase a level of craftsmanship rarely found today. Thoughtful updates completed over the years seamlessly integrate modern comfort while preserving the home’s original character and charm.
Situated on a sprawling double corner lot just 150 feet from the water, the property includes coveted deeded lake rights with dock access. The exterior offers a classic lake retreat feel with a grand Victorian front porch, mature perennial gardens, and an expansive deck designed to capture beautiful views of Chautauqua Lake.
Inside, the elegant 12-room layout features 5 bedrooms and 2.5 baths. A traditional center hall connects the inviting living room with custom built-in bookcases to the 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 first-floor bedroom, half bath, first-floor laundry, and original hardwood floors that add warmth throughout.
Upstairs, the primary suite serves as a private retreat featuring a fireplace, beautifully updated bath, chandelier-lit dressing area, and sitting room with access to the restored sleeping porch. Recent improvements include a newer roof with lifetime shingles, updated wiring and plumbing, new A/C (2024), and added insulation.
Steeped in local history and connected to the Packard legacy, this is more than a home — it is a rare lifestyle property offering timeless character just a short stroll from Lakewood Beach and minutes from Bemus Point and Jamestown. An exceptional opportunity for a luxury summer retreat or year-round residence.
Property Details
Price:
$690,000
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, Dock 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 Jun 07, 2026
50
Single Family Listed
74
Avg DOM
203
Avg $ / SqFt
$303,881
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 $690,000 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 $264. The average price per square foot for Single Family listings in Busti is $203. The average listing price for Single Family in Busti is $303,881. 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



