Listed by Tanya Roy, A Notch Above Real Estate LLC, (603) 538-9922
$481,000
Original price: $491,000
3 Beds
1 Bath
1,488 sqft (on 0.25 acres)
4518 Vermont Route 114, Canaan, VT 05903
Est. Mortgage $3,328/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1979
0.25 acre lot
$323/sqft
Local Information
- Map ViewExplore the area around 4518 Vermont Route 114.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Home Details for 4518 Vermont Route 114
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MLS Status: Active |
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Interior Details Basement: Climate Controlled,Concrete,Walkout,Interior EntryNumber of Rooms: 7 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1488 Square Feet |
Appliances & Utilities Utilities: Phone Available |
Heating & Cooling Heating: Oil,Pellet Stove,Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil |
Gas & Electric Electric: Circuit Breakers |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One Half |
View Has a ViewView: Water, Mountain(s) |
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Exterior Home Features Roof: Asphalt ShingleFoundation: Concrete |
Parking & Garage No GarageParking: Gravel |
Frontage WaterfrontResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Concrete, Leach Field, Private SewerWater Body: Wallace Pond |
Farm & Range Frontage Length: Road frontage: 91 |
Finished Area Finished Area (above surface): 1488 Square Feet |
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Days on Market: 115 |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: ResidentialProperty Subtype: RanchArchitecture: Ranch |
Building Construction Materials: Vinyl SidingNot a New Construction |
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Price List Price: $481,000Price Per Sqft: $323 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Canaan |
School Information Elementary School: Canaan SchoolElementary School District: Canaan School DistrictJr High / Middle School: Canaan SchoolsJr High / Middle School District: Canaan School DistrictHigh School District: Canaan School District |
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Listing Agent Listing ID: 5091675 |
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Building Area Building Area: 2688 Square Feet |
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Lot Area: 10890 sqft |
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BasementMls Number: 5091675Water ViewWater View: WaterAbove Grade Unfinished Area: 1488Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 1200Below Grade Unfinished Area Source: Public RecordsBelow Grade Unfinished Area Units: Square Feet |
Around this home
What Locals Say about Canaan
At least 1 Trulia users voted on each feature.
100 % Say it's quiet
100 % Say they plan to stay for at least 5 years
100 % Say yards are well-kept
100 % Say neighbors are friendly
100 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in Canaan
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
16
2MoM
Home Value
Trulia Estimate
$471KSince last month
Decreased$1K (-0.2%)Since last year
Increased$199K (+76.1%)Since last sale
Increased$361K (+361.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +296% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $461K |
| August 2026 | $462K |
| July 2026 | $477K |
| June 2026 | $477K |
| May 2026 | $488K |
| April 2026 | $282K |
| March 2026 | $283K |
| February 2026 | $302K |
| January 2026 | $293K |
2025 | |
2024 | |
2023 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $240,000 | 07/30/26 | 3 | 2.5 | 3,382 | |
0.43 | Single-Family Home | $489,900 | 07/24/26 | 3 | 2 | 2,342 | |
0.95 | Single-Family Home | $385,000 | 08/05/26 | 3 | 1 | 2,369 | |
0.66 | Single-Family Home | $450,000 | 10/30/25 | 1 | 2 | 1,125 | |
2.49 | Single-Family Home | $140,000 | 02/23/26 | 1 | 1 | 840 | |
3.79 | Single-Family Home | $355,000 | 06/12/26 | 4 | 1 | 1,584 | |
3.12 | Single-Family Home | $345,000 | 06/16/26 | 3 | 2 | 2,097 | |
3.62 | Single-Family Home | $385,000 | 09/19/26 | 3 | 2 | 1,350 | |
4.39 | Single-Family Home | $95,000 | 12/08/25 | 2 | 1 | 1,152 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
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0.03 | $624,900 | 3 | 1 | 1,400 | Off Market | |
0.02 | $425,700 | 3 | 2 | 1,456 | Off Market | |
0.04 | $168,600 | 2 | 1 | 1,430 | Off Market | |
0.12 | $225,400 | 2 | 1 | 912 | Off Market | |
0.16 | $499,999 | 3 | 4 | 4,520 | For Sale | |
0.25 | $240,000 | 3 | 2.5 | 3,382 | Recently Sold | |
0.31 | $332,600 | 3 | 2.5 | 2,209 | Off Market | |
0.36 | $184,300 | 2 | 1.5 | 1,011 | Off Market | |
0.43 | $489,900 | 3 | 2 | 2,342 | Recently Sold | |
0.40 | $379,400 | 3 | 2 | 1,788 | Off Market | |
0.50 | $1,395,000 | 2 | 2 | 2,070 | For Sale |
Price and Tax history
| Date | Event | Price |
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Aug 7, 2026 Source: PrimeMLS #5091675 | PriceChange | $481,000 Price decreased by 2% |
May 29, 2026 Source: PrimeMLS #5091675 | Listed For Sale | $491,000 |
Aug 6, 1999 Source: N/A | Sold | $100,000 |
| Year | Property tax | Tax assessment |
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| 2024 | Unavailable | $268,200 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Tanya Roy, A Notch Above Real Estate LLC, (603) 538-9922
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 2026-09-21 00:38:12 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
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Frequently asked questions about 4518 Vermont Route 114
- What is the estimated monthly payment for 4518 Vermont Route 114?Based on a $481,000 list price with 20% down at today's rates, the estimated monthly payment for 4518 Vermont Route 114 in Canaan, VT is approximately $3,371 (about $2,619 principal & interest, $677 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 4518 Vermont Route 114?The closest schools to 4518 Vermont Route 114 in Canaan, VT are Canaan Schools (K-12, rated 5/10).
- What is 4518 Vermont Route 114 estimated to be worth?Trulia's estimated value for 4518 Vermont Route 114 in Canaan, VT is $470,700.
- How big is the lot at 4518 Vermont Route 114?The lot at 4518 Vermont Route 114 in Canaan, VT is about 0.25 acres (10,890 sq ft).
- Does 4518 Vermont Route 114 have parking?Yes, 4518 Vermont Route 114 in Canaan, VT has on-site parking.
4518 Vermont Route 114, Canaan, VT 05903 is a 3 bedroom, 1 bathroom, 1,488 sqft single-family home built in 1979. This property is currently available for sale and was listed by PrimeMLS on May 29, 2026. The MLS # for this home is MLS# 5091675.