4518 Highway 114

1,488 Sq. Ft.
$330 / Sq. Ft.
1,488
Sq. Ft.
$330
per Sq. Ft.

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...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.
  1. Listed by Tanya Roy • A Notch Above Real Estate LLC

Property Details for 4518 Highway 114

Water Body Type
Lake
Water View
Yes
Waterfront Property
Yes
Zoning
Call town of Canaan
LISTING UPDATED: 05/29/2026 05:33 PM

Property Details for 4518 Highway 114

StatusActive
MLS #5091675
Days on Market4
Taxes$5,884 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built1979
Lot Size0.25 AC / 10,890 SF
CountyEssex County

Location

Listing Courtesy of A Notch Above Real Estate LLC
Add your commute

Building Information for 4518 Highway 114

Stories1Year Built1979Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,937 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,447

Property Taxes

$490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 4518 Highway 114

Summary
Location and General Information
  • City: Canaan
  • County: VT-Essex
  • 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.
  • Latitude: 45.009957000001002
  • Longitude: -71.628652000000002
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Zip Code: 05903
Taxes and HOA Information
  • SPAN Number: 12603910048
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: Lake Access, Lake Frontage, Lake View, Mountain View, Waterfront
  • Lot Size Acres: 0.25
  • Road Frontage Length: 91.0
  • Water Body Access: Yes
  • Water Body Name: Wallace Pond
  • Waterfront Property Rights: Exclusively Owned
  • Total Finished Area: 1488.0
  • Above Grade Finished Area: 1488.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Below Grade Unfinished Area: 1200.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 10890.0
  • Total Area: 2688.0
Property and Assessments
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Water Body Restrictions: Unknown
  • Year Built: 1979
  • School District: Canaan School District
  • Middle/Jr School: Canaan Schools
  • Elementary School: Canaan School
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, Leach Field, Private
  • Water Source: Drilled Well
  • Utilities: Telephone Available
  • Water Access Details: Dock Access
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: Tan
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Climate Controlled, Concrete, Walkout
  • Rooms: Level 1: Level 1: Bedroom, Level 1: Full Bathroom, Level 1: Kitchen, Level 1: Laundry Room, Level 1: Living/Dining
  • Rooms: Level 2: Level 2: Loft
  • Heating: Oil, Pellet Stove, Forced Air
  • Cooling: None
  • Total Stories: 1.5
  • Rooms Total: 7
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bedrooms Total: 3
  • Bathrooms Total: 1
Room Information
Room 1
  • Room Level: 1
  • Room Type: Kitchen
Room 2
  • Room Level: 1
  • Room Type: Living/Dining
Room 3
  • Room Level: 1
  • Room Type: Bathroom Full
Room 4
  • Room Level: 1
  • Room Type: Bedroom
Room 5
  • Room Level: 1
  • Room Type: Laundry Room
Room 6
  • Room Level: 1
  • Room Type: Bedroom
Room 7
  • Room Level: 2
  • Room Type: Loft

Property History for 4518 Highway 114

DateEvent & SourcePriceAppreciation
May 29, 2026

Listed (Active)

New England Real Estate Network #5091675

$481,000
Nov 5, 2018

Sold (Public Record)

Public Record #633903657

$167,000
DateEvent & SourcePrice
05/29/2026

Listed (Active)

New England Real Estate Network #5091675

$481,000
11/05/2018

Sold (Public Record)

Public Record #633903657

$167,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4518 Highway 114

Taxable ValueLand$155,000Additions$113,200Total$268,200
Home Facts
Beds3Baths1Total Finished SqFt1,488 SqFtAbove Grade Finished SqFt1,488 SqFtStories2Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1979CountyESSEXAPN(039) R21006

Schools near 4518 Highway 114

This home is within Canaan School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - 9 to 12
Rating
School
Distance
Canaan Schools
PublicPK to 12

Canaan High School CTE Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

4518 Highway 114 is a single family home for sale in Canaan, VT 05903. This property was listed for sale on May 29, 2026 by A Notch Above Real Estate LLC, it's currently listed at $491,000. It has been on the market for a total of 4 days and was last sold on November 5, 2018. This listing's school district is Canaan School District. Nearby schools include Canaan Schools and Canaan High School CTE Program. 4518 Highway 114 is a 3-bed, 1-bath, 1,488 sqft single family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of A Notch Above Real Estate LLC

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 06/02/2026 04:26 PM