Price Reduced Listing
$481,000
 $2,582 est/mo Sourced by Back At You

4518 Vermont Route 114,Canaan, VT 05903

Canaan, VT 05903

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Description

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.

Details

MLS #5091675
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
Status(10) Active - Active
Year1979
Days On Site83
Listing Provided ByA Notch Above Real Estate LLC | Tanya Roy

Features

Bed(s)3
Bath(s) 1 Total
BasementY
Story(s)1
ZoningCall town of Canaan
Acreage0.25
Water FrontYes

Interior

Rooms Total7
CoolingNone
HeatingOil, Pellet Stove, Forced Air

Exterior

RoofAsphalt Shingle
Construction MaterialsVinyl Siding
Foundation DetailsConcrete
Lot FeaturesMountain View

Parking

Garage Yes / NoNo

Utilities

UtilitiesPhone Available
ElectricCircuit Breakers
SewerConcrete, Leach Field, Private Sewer

Taxes

Tax Annual Amount5884
Tax Year2024

Area Information

StateVT
CountyEssex
CityCanaan
Zip Code05903
AreaVT Essex
School DistrictCanaan School District
Elementary SchoolCanaan School
Listing VS Median (in 05903)
Price:
$481,000
low | high
Med:
$0
On site:
83
low | high
Med:
Sourced by Back At You

Market Activity 05903

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Learn More About This Property

StateVT
CountyEssex
CityCanaan
Zip Code05903
AreaVT Essex
School DistrictCanaan School District
Elementary SchoolCanaan School
Listing VS Median (in 05903)
Price:
$481,000
low | high
Med:
$0
On site:
83
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $360K - $601K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
128 Fuller Drive Property Photo 1
$549,000
128 Fuller Drive
Canaan, VT 05903
Listing Updated: August 7, 2026 at 5:10:30 PM PDT