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$491,000
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Property 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.
Full Property Details
Full Property Details for 4518 Vermont Route 114
General
- Price: $491,000
- Taxes: $5,884 (2024)
- Status: Active
- Type: Single Family
- Source: PrimeMLS
- MLS ID: 5091675
- Updated: 5/29/2026
- Added to Site: 20 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1: Bathroom Full, Level 1
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: Level 1
- Bedroom 2: Level 1
Other Rooms
- Kitchen: Kitchen, Level 1
- Loft: Level 2
- Laundry: Level 1
Exterior
- Color: Tan
Location
- County: Essex
- Driving 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.
School Information
- School District: Canaan School District
- Elementary School: Canaan School
- Middle School: Canaan Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Pellet Stove, Forced Air
Utilities
- Sewer: Concrete, Leach Field, Private
Structural Information
- Construction Status: Existing
- Basement Entrance: Interior
- Basement Desc.: Climate-Controlled, Concrete, Walkout
- Roof: Asphalt Shingles
- Stories/Levels: 1.5
- Square Feet: 1,488
- Finished Total: 1,488 Sq. Ft.
- Finished Above Grnd: 1,488 Sq. Ft.
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Frontage: Yes Road Frontage
- Frontage Feet: 91
- Driveway/Sidewalk: Gravel
- Zoning: Call town of Canaan
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Lake
- Water Front Name: Wallace Pond
- Water Front Owned: 1
Financial Considerations
- Price Per Sq. Ft.: $329.97
- Tax Amount: $5,884
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure, Tax Map
- APN: 12603910048
Listed by A Notch Above Real Estate LLC, Tanya Roy
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Price & Sales History for 4518 Vermont Route 114
Date
Details
Price
Change
Source
5/29/2026
Listed
$491,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 4518 Vermont Route 114
4518 Vermont Route 114, Canaan, 05903 (MLS# 5091675) is a Single Family property with 3 bedrooms and 1 full bathroom. 4518 Vermont Route 114 is currently listed for $491,000 and was received on May 29, 2026. Want to learn more about 4518 Vermont Route 114? Do you have questions about finding other Single Family real estate for sale in Canaan? You can browse all Canaan real estate or contact a Coldwell Banker agent to request more information.
