Property Details
Basic Information
- Property Type: Single Family
- Property Style: Ranch
- MLS Number: 5091675
- List Price: $491,000
- Lot Description: Lake Access, Lake Frontage, Lake View, Mountain View, Waterfront
- Date Listed: 05/29/2026
- Virtual Tour: Virtual Tour
- 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.
Building
- Acreage: 0.25
- Square Feet: 1,488
- Year Built: 1979
- Zoning: Call town of Canaan
- Stories: 1.5
- Roof: Asphalt Shingle
- Building Construction: Vinyl Siding
- Foundation: Concrete
Location
- County: Essex
- Town: Canaan
Finance
- Taxes: $5,884
Interior Features
Bedrooms
- Bedrooms: 3
Bathrooms
- Bathrooms: 1
- Full Baths: 1
Basement
- Basement: Climate Controlled, Concrete, Walkout
Exterior Features
Exterior Features
- Exterior Color: Tan
Utilities and Appliances
Utilities and Appliances
- Utilities: Telephone Available
Community
Schools
- Elementary School: Canaan School
Amenities
- Other Amenities: Basement, Garden, Lakefront, Waterfront, Water View, Dock
Other Details
Water
- Water Access: Owned
- Water Body Name: Wallace Pond
- Water Body Type: Lake
- Water View: Yes
- Water: Drilled Well