4518 Vermont Route 114
Canaan, VT, 05903 $ 491,000
Bedrooms3 Baths1.0 Sq 1,488 Monthly Estimate*
$ 3,023
Listed by Tanya Roy, A Notch Above Real Estate LLC, 603-331-1855, tanya@anotchaboverealestate.com
for $491,000 with 3 bedrooms and 1 full bath. This 1,488 square foot home was built in 1979 on a lot size of 0.25.
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 thatâs 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 youâre 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.
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FeaturesInteriorBasement Description Climate Controlled Concrete Walkout
Basement Yes
Beds 3
Total Rooms 7
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GeneralRoad Frontage Yes
Sewer Concrete Leach Field Private
Heating Oil Pellet Stove Forced Air
Cooling None
Utilities Telephone Available
Possession At Closing
Roof Asphalt Shingle
Garage No
Flood Zone Unknown
Zoning Call town of Canaan
3/4 Baths 0
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1979
Electric Circuit Breaker(s)
Style Ranch
Stories Count 1.5
Construction Status Existing
Type Single Family
Auction No
Tax Year 2024
Status Detail 0
Covenants Unknown
Construction Materials Vinyl Siding
Directions From downtown Colebrook head north on route 3 turn left at the Spa's cook shack continue on route 114 for approximately 5.3 miles property is on the right.
City Canaan
School District Canaan School District
Seasonal No
Elementary School Canaan School
Middle School Canaan Schools
DOM 6
Price Per Sq Ft Total AG 329.97
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ExteriorLot Features Lake Access Lake Frontage Lake View Mountain View Waterfront
Driveway Gravel
Water View Yes
Lot Size Area 0.25
Water Source Drilled Well
Water Body Name Wallace Pond
Foundation Concrete
Waterfront Property Yes
Water Body Type Lake
Water Body Access Yes
Water Access Details Dock Access
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* Excluded FeaturesList ByA Notch Above Real Estate LlcBroker
tanya@anotchaboverealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,023
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Canaan, VT
Average List Price $350,790
Percent of Sale Price 29%
About Canaan, VT 906 Population
-17% Since 2002
$ 43,281 Median Income
52.93 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3204873 Elementary School
3204874 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/29/2026 | $481,000 | | Listed Price |