4518 Vermont Route 114Canaan, VT 05903Price: $491,000

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.