CCertihomes
4994 W Lake Road, Chautauqua, NY 14757

$525,000

4 beds 3 baths 4,352 sqft Built 19042 days on marketActive

About this home

Discover a blend of character, functionality and flexibility in this charming and versatile building close to Chautauqua’s Elm Lane gate. Currently arranged as a 2 unit home with additional multi-purpose space, this building was once home of the Art Loft Gallery. The first unit is a thoughtfully updated 1 bedroom, 1bath unit - a spacious layout and new appliances as well as bathroom remodel are features of this space. The second unit includes 3 bedrooms and 2 full baths on 2 levels. The first floor features a primary en-suite bedroom, expansive living room/dining room area, well equipped kitchen, additional office or entertaining space and entry way. There are two additional bedrooms and a full bath with loft/storage space on the second floor. At the heart of the property is an expansive open-concept area with cat-walk, once used as an art gallery — offering endless possibilities as a living and entertaining space, studio, workshop, or home business. The buildings amenities also include a 2 bay garage, large yard and ample additional parking. With a blend of updated comfort and flexible layout, this home invites you to create, live, and grow all in one place. Improvements: Improved the integrity of the roof in 2025 , Unit 1 (1 Bedroom/1 Bath) renovations 2024, Exterior Painting 2023, Storage, front step and shutters 2024, front door and porch 2025. Currently rented and a miniumum of 24 hour notice requested for all showings. Rental History available upon request.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$5,796/mo

Real estate (PITI + HOA + PMI)
$4,628
Principal + interest$3,369
Property tax + insurance$1,062
PMI / 2nd mortgage$197
Utilities
$2,507
Heating + cooling$1,084
Internet + TV + phone$173
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$173
$5,796/mo TLC
Budget$6,296/mo
Remaining after TLC$500/mo
Purchase price
$525,000
Down payment
$26,250 (5%)
Loan amount
$498,750
APR
7.15%

Quick facts

Type
MixedUse
Style
Duplex
Year built
1904
Lot size
0.7934 ac
Stories
2
Heating
Gas, Baseboard, HotWater
Cooling
WindowUnits
Water
Well
HOA
Annual tax
$4,933
MLS #
R1627139
County
Chautauqua

At a glance

Air conditioning
Garage (2)

Home features

Appliances
GasWaterHeater
Interior
CeilingFans
Parking
PavedTwoOrMoreSpaces
Flooring
Hardwood, Laminate, Varies
Roof
Membrane, Rubber
Sewer
SepticTank

Lot features

IrregularLot, Other, SeeRemarks

Neighborhood — 14757

MetricThis ZIPCountyUSA
Population3,51219,351,094299,088,112
Population Change Since19901.00%8.00%20.00%
Population Density68395
Male1,7839,381,926147,432,321
Female1,7299,969,168151,655,844
Never Married5684,946,39163,775,926
Married1,8217,166,701123,120,365
Separated1161,159,67312,639,686
Widowed1691,110,24515,467,586
Divorced2291,210,44823,075,029
Number Of House Hold1,3157,102,016111,826,380
Average House Hold Size2.622.642.60
Medial Age42.7436.5335.46
Median House Hold Income$46,110$49,847$48,276
Average House Hold Income$54,466$70,032$63,629
P C I$20,625$26,569$24,529
M D I$39,649$42,210$41,133
A T H E$46,298$54,185$50,898
S T R8.00%4.00%
W C J80.78%81.55%77.74%
(Zip) Code
14757

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 8/8/2025. Provided courtesy of ERA Team VP Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.