4518 Vermont Route 114Canaan, VT 05903MLS Number 5091675

  • Price: $491,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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Federal 30-year interest rate: 6.47% last updated on Jun 18, 2026
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  • 3Bedrooms
  • 0.25Acreage
  • 1Bathrooms
  • 1979Year Built

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Listed by Tanya Roy of A Notch Above Real Estate LLC
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.

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More Info

Tax Information

  • Tax Year2024

Location

  • Building Number4518
  • StreetVermont Route 114
  • TownCanaan
  • StateVT
  • Zip05903
  • CountyEssex
  • DistrictCanaan School District
  • Elementary SchoolCanaan School
  • Junior HighCanaan Schools
  • Flood Zone Y/NUnknown
  • Address4518 Vermont Route 114

Interior

  • Room 1 TypeKitchen
  • Room 1 Level1
  • Room 2 TypeLiving/Dining
  • Room 2 Level1
  • Room 3 TypeBathroom Full
  • Room 3 Level1
  • Room 4 TypeBedroom
  • Room 4 Level1
  • Room 5 TypeLaundry Room
  • Room 5 Level1
  • Stories1.5
  • Room 6 TypeBedroom
  • Room 6 Level1
  • Room 7 TypeLoft
  • Room 7 Level2

Parking

  • Parking Spaces
  • GarageNo

Building

  • Year Built1979
  • Building ConstructionVinyl Siding
  • ConstructionExisting
  • Property StyleRanch
  • Bedrooms3
  • Bathroom1
  • Total Baths1
  • Total Rooms7
  • Square Feet1,488
  • APX Unfin Below Grade1200
  • BasementClimate Controlled, Concrete, Walkout
  • FoundationConcrete

Exterior

  • Exterior ColorTan
  • RoofAsphalt Shingle

Utilities

  • Heat SystemOil, Pellet Stove, Forced Air
  • WaterDrilled Well
  • SewerConcrete, Leach Field, Private
  • ElectricCircuit Breaker(s)
  • UtilitiesTelephone Available

Rooms

  • Full Bath1

Basic Information

  • MLS Number5091675
  • MLS StatusActive
  • Virtual TourView Tour
  • StatusACT
  • Property TypeSingle Family
  • List Price$491,000
  • Listing Agent NameTanya Roy
  • Broker NameA Notch Above Real Estate LLC

Property

  • Acreage0.25
  • Lot DescriptionLake Access, Lake Frontage, Lake View, Mountain View, Waterfront
  • AreaVT-Essex
  • DrivewayGravel
  • RoadsPaved, Public Maintained Road
  • Road Frontage91

Amenities

  • PricePerSqFt329.97

Water Body

  • Water Body NameWallace Pond
  • Water Body TypeLake
  • Water AccessOwned
  • Water ViewYes
  • Water Access DetailsDock Access

Other

  • SeasonalNo
  • Page269
  • Date Listed05/29/2026
  • View Count2
Dave Chenette | Chenette Real Estate
Dave Chenette | Chenette Real Estate
Office: 802-264-1991
9 Roberts Ct
Milton, VT 05468
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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 25, 2026 5:52 AM UTC

 

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