April McAlpine
REALTOR®
BEDS3
BATHS1 full
SQUARE FEET1,488
MLS#5091675
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLCanaan
Listing Courtesy of:
A Notch Above Real Estate LLC
Agency Phone: 603-538-9922
Associate Name: Tanya Roy
Property 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.
Property Features
Property Type: Residential - Single Family
Basement: Climate Controlled, Concrete, Walkout
Basement: Yes
Cooling: None
Heating: Oil, Pellet Stove, Forced Air
Home Style: Ranch
Lot Size: 0.25 Acres
Roof Type: Asphalt Shingle
Stories: 1.5
Taxes: $5,884
Year Built: 1979
Feature Descriptions
Baths Full: 1
Color: Tan
Construction: Vinyl Siding
Construction Status: Existing
Days on Site: 6
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Vinyl Siding
Flood Zone: Unknown
Foundation: Concrete
Lot: Lake Access, Lake Frontage, Lake View, Mountain View, Waterfront
Nearby Bodies of Water: Wallace Pond
Number of Rooms: 7
Road Frontage: 91
Roads: Paved, Public Maintained Road
Sewer: Concrete, Leach Field, Private
Sq. Ft. Above Grade Finished: 1488
Sq. Ft. Total Finished: 1488
Total Stories: 1.5
Water: Drilled Well
Water Access: Yes
Water Body Type: Lake
Water Rights: Exclusively Owned
Water View: Yes
Zoning: Call town of Canaan
Local Schools
Middle School: Canaan Schools
Elementary School: Canaan School
School District: Canaan
Listed By / Shown By
Listed By
Agency Name: A Notch Above Real Estate LLC
Agent Name: Tanya Roy
Agency Phone: 603-538-9922
Shown By
Agent Name: April McAlpine
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 1,726.29 per month $1,092.75 Principal & Interest $490.33 Property Tax $143.21 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 2026-06-04 23:33:22 
4518 Vermont Route 114 | MLS# 5091675
This single family home located at 4518 Vermont Route 114, Canaan, VT 05903 is currently listed for sale with an asking price of $491,000. This property was built in 1979 and has 3 bedrooms and 1 full baths with 1488 sq. ft. Vermont Route 114 is located within the Canaan school district. Search Canaan real estate on aprilmcalpine.masiellogrouprealestate.com today.