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48 Lake Drive
Chautauqua, NY 14722

$2,790,000
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Property Description

Exceptional Lakefront Home located in one of the most desirable areas within the renowned, South end of Chautauqua Institution, this home proudly sits on a corner lot overlooking the Lakeside Promenade. This rare home offers 60 feet of property that follows the shoreline, which exceeds most properties in the area. Perfectly positioned with an inviting porch to enjoy summer days rain or shine and watch Chautauqua come alive with boats, joggers and bikers going to Club.
This property also comes with a coveted share in a beautiful private dock — the perfect spot to soak up the sun all while enjoying the waterfront. Whether you’re pulling up in your boat, launching a kayak, having coffee, enjoying a picnic or just lounging with a good book, the shared dock has plenty of space for all your lake fun day or night.
The home blends timeless charm with modern conveniences that offer plenty of room for entertaining and guests. This one-of-a-kind cottage has been enjoyed and cared for by the same owners for nearly 50 years. The inside has been lovingly maintained with restored wood floors, original 1890's beadboard, 2 vintage Fireplaces (one in the Parlor with a new insert added in 2024 and one in the Dining Room), and historical architectural features. There are 5 bedrooms plus a bonus room that could be used as additional sleeping, lakeside office space, or as a third bathroom off the primary bedroom, creating a lakeside suite. A second floor sleeping porch, located right off the bedrooms, invites breezy summer nights. If that isn’t enough, the third floor has a large bedroom and a loft area that currently has two twin beds and a queen bed. Cozy living areas and inviting nooks, such as a telephone room, create a warm, intimate atmosphere throughout. With its unparalleled location, this property offers a once-in-a-generation opportunity to own one of Chautauqua Institution’s premier homes.
Located near the Hall of Philosophy, the Amphitheater, Heinz beach, Club, Sharp field, YAC and most centrally located venues. Offered furnished. New stainless steel, kitchen appliances, 2 new low-boy, hot water tanks in 2024, plus a third tank as well.

Details

Interior Features: Ceiling Fans, Den, Separate Formal Dining Room, Furnished, Separate Formal Living Room, Other, Pantry, See Remarks, Solid Surface Counters
Utilities: Sewer Connected, Water Connected
Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor
Flooring: Hardwood, Tile, Varies
Basement: Crawl Space
Cooling: Other, See Remarks, Window Units
Heating: Electric, Gas, Other, See Remarks, Baseboard, Gravity
Architectural Style: Cottage, Traditional
Exterior Features: Awnings, Dock, Gravel Driveway, See Remarks
Construction Materials: Wood Siding
Patio & Porch: Covered, Porch
Foundation: Pillar Post Pier
Lot Dimensions: 47 X60
Lot Size: 0.0647
Roof: Shingle
Sewer: Connected
Water: Connected, Public
Other Structures: Other
Parking: No Garage, Driveway