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Situated in the desirable village of Lakewood, this unique R2 multi-family zoned property offers endless possibilities for homeowners, investors, or entrepreneurs alike. A private entrance welcomes you into the thoughtfully renovated single-family home featuring 4 bedrooms and 2 1/2 baths offering comfortable living with exceptional flexibility. Features include a bright, open-concept layout seamlessly connecting the updated kitchen, dining & living areas-ideal for everyday living & entertaining. The expansive 1st floor primary suite provides privacy, complete with ensuite bath and a generous walk-in closet. The laundry room and attached 2 car garage complete the 1st floor. Wind your way upstairs to 3 add'l bedrooms, a full bath and an abundance of storage. The attached professional office space, long utilized as a dental office, opens the door to countless opportunities. Continue operating a professional business, create additional living quarters, or explore the potential for an apartment conversion "” all subject to Village approval and a required "special use" permit for many alternate uses. The versatility of this property makes it an outstanding investment opportunity. Live comfortably in the home while operating your business next door, or generate additional income by leasing the professional space separately. Positioned in a well-trafficked location with the convenience of an additional attached parking lot, the office also features a designated private entrance accessible from the residential side of the property for added ease and functionality. Outside, the oversized deck overlooks a fully fenced backyard oasis offering both peace and privacy. Spend sunny afternoons relaxing in the hammock, entertain guests outdoors, or unwind around the fire pit on warm summer evenings. This rare property combines residential charm, business potential, and investment versatility all in one exceptional Village location.

DAYS ON MARKET 1 LAST UPDATED 5/27/2026
YEAR BUILT 1951 COMMUNITY Lakewood-Village-062201
GARAGE SPACES 2.0 COUNTY Chautauqua
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Ductless, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater, Water Heater
AREA Lakewood-Village-062201
BASEMENT Crawl Space, Partial, Sump Pump, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR Private Yard
FIREPLACE Yes
GARAGE Yes
HEAT Baseboard, Ductless, Natural Gas, Wall Furnace
HOA DUES Multi Family
INTERIOR Cathedral Ceiling(s)
LOT 1.03 acre(s)
LOT DESCRIPTION Near Public Transit, Rectangular Lot
LOT DIMENSIONS 150X300
PARKING Paved, Garage Door Opener
STORIES 1
TAXES 9692
UTILITIES Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by: Mary Kohl, ERA Team VP Real Estate, 716-485-6879
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