242 W Summit Street Lakewood, NY 14750
Listing by: NYS ALLIANCE / Walrod Realty - Contact:  716-499-6887

  242 W Summit Street Lakewood, NY 14750

Active (13 Days)
$529,999 (USD)
3
BED
1
BATH
1,490
SQFT

Description

Prime Lakefront Development Opportunity – Unlimited Potential! 103' feet frontage X 140' deep

Discover a rare chance to own premier lakefront property with endless possibilities for development. This unique location offers breathtaking waterfront views, direct access to the lake, and the perfect setting for a wide range of ventures.

? Ideal for residential, commercial, or mixed-use projects
? Expansive frontage with spectacular views
? Strong growth potential in a desirable area
? Rare investment opportunity – lakefront land is limited!

Whether you envision a luxury resort, private estate, or multi-use development, this property delivers the perfect foundation for your vision.

?? Don’t miss out on this one-of-a-kind lakefront opportunity. See it today to explore the unlimited potential!

MLS #:
R1572557
Taxes
$9,028
Lot Size
1,400 SQFT
Type
Single-Family Home
Year Built
1949
Style
Two Story, Historic/Antique
School District
Southwestern
County
Chautauqua County

Listed By

Stephen Trapani, Walrod Realty, Contact: 716-499-6887
Source
NYS ALLIANCE
Last checked Oct 16 2025 at 2:41 PM EDT
Bathroom Details
Interior Features
  • Pull Down Attic Stairs
  • Laundry: Main Level
  • Gas Water Heater
  • Breakfast Bar
  • Dishwasher
  • Electric Cooktop
  • Built-In Oven
  • Built-In Range
Lot Information
  • Residential Lot
  • Rectangular
  • Rectangular Lot
Property Features
  • Fireplace: 0
  • Foundation: Block
Heating and Cooling
  • Gas
  • Baseboard
  • Hot Water
Basement Information
  • Crawl Space
Flooring
  • Carpet
  • Varies
Utility Information
  • Utilities: Sewer Connected, Water Source: Lake, Water Source: River
  • Sewer: Connected
School Information
  • Elementary School: Southwestern Elementary
  • Middle School: Southwestern Middle
  • High School: Southwestern Senior High
Parking
  • Garage
  • Detached
Stories
  • 2
Living Area
  • 1,490 sqft
Additional Information: Walrod Realty | 716-499-6887
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 03, 2025
Price Changed
$529,999
-9%
-50,000
Apr 19, 2025
Price Changed
$579,999
-8%
-50,000
Nov 07, 2024
Original Price
$629,999
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Turner Brokers and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. 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 10/16/25 07:41