There are many, many reasons why a person would want to purchase a home on Chautauqua Lake. As a life-long kama’aina ( of Chautauqua Local and former Chautauqua Lake houses for sale Lakewood NY vacation bachelor’s pad owner, I am definitely an authority on this topic. I would like to share with you my opinions and some information about lake living and our area to entice you, the potential buyer, to give Chautauqua an opportunity!
Chautauqua Lake is situated near the center of Chautauqua Local, New york, and is considered by the locals as the diamond of the local. The lake is roughly divided into two separate basins at Bemus Point, which some refer to as center of the lake. The upper container is typically deeper averaging 25 feet in depth with a maximum depth of approximately 75 feet. The the southern area of end of the lake is much more low averaging 11 feet in depth and having a maximum depth of approximately 19 feet.
There is one bridge that attaches both sides of the lake making it much more convenient to visit laterally. Before the bridge was constructed, the only way a car could cross the lake was by ferry, which is still in operation. Chautauqua Lake is approximately teen. 5 miles long, and has a surface of approximately 13, 156 miles. The lake is very known for its fish including Largemouth bass, Bullhead, Crappie, Muskellunge, Walleye, and Perch and hosts many fishing competitive events. Other lake activities include ice fishing, sailing, jet skiing, going, rowing, swimming, and shorelines. There are also two state parks located upon the lake; Midway State Park and Long Point State Park.
Besides the lake itself, Chautauqua Local now offers great lakefront communities. Take a stroll through the fantastic Town of Bemus Point where you will find shopping, restaurants, night life, a public beach, and a simpler way of life all within walking distance. Across the lake from Bemus you will find the world renowned, gated community of Chautauqua Institution. Enter the checkpoints and step back in time away from the busyness of everyday activity. Soak in the unique real estate, including Gingerbread houses, and visit many of the attractions that Chautauqua has to offer. Just north of the Institution is the Town of Mayville, which again offers shopping and restaurants, many of which sit upon the lake. Enjoy your lunch with the summer sun and breezes as you’re watching the boats pass by.
Another very unique area of Chautauqua Lake is the cost factor. If your budget does not allow for prime, lakefront living, you are in luck. There are numerous properties that have deeded lake protection under the law, and some get dock access. Plus, there are many public access roads and boat starts everywhere over the lake for easy accessibility with putting your boat in and out of the water. The area now offers several marinas for boat storage/maintenance when the season ends.
You should expect you’ll pay an average of for a lakefront bachelor’s pad with private lake, dock, and access anywhere from $250, 000 or over. When we take a look back at the closed sales from 2009, we can note that the average lakefront home (outside the checkpoints of Chautauqua Institution) was approximately $330, 000 with approximately 75 feet of frontage. This, of course, is an average of 16 closed sales and should not be considered the “norm”. There were four closings within the checkpoints of the Institution just last year that were between $1, 500, 000 and $3, 000, 000.
If lake protection under the law property is the way you wish to go, then you should expect you’ll pay an average of from $40, 000 to $50, 000 or over. The average lake related home from 2009 closed at approximately $145, 000, had three bedrooms, 1. 5 bathrooms, and about 1, 500 sq feet. The most expensive closed sale from last year was $232, 500 with four bedrooms, 3 bathrooms, and 2, 520 sq feet. The most cost effective was a bachelor’s pad that closed at $41, 900 and had one bed and one bath with 648 sq feet.
Chautauqua Lake now offers properties on waterways with canal frontage located just feet from the lake, condominiums with common lakefront and doing water activities amenities, and empty land both upon the lake and with access to the lake. You can see that there in fact is something for everyone and every budget here on beautiful Chautauqua Lake.