4518 Vermont Route 114, Canaan, VT 05903
Property image
Property image
FOR SALE
0.25 ACRES
Listed by A Notch Above Real Estate LLC, Tanya Roy, (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

Home 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
Commute Destination

About this House

What's unique:Water and mountain vistasThoughtfully designed versatile layoutTwo bedrooms
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

Interior Features

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)

Exterior Features

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

Days on Market

Days on Market: 161

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: RanchArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New Construction

Price & Status

Price
List Price: $481,000Price Per Sqft: $323
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: 5091675

Building

Building Area
Building Area: 2688 Square Feet

Lot Information

Lot Area: 10890 sqft

Miscellaneous

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

Price and Tax history

DateEventPrice
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

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 September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
1
MoM
Sourced by Trulia Market Trends

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
2.49
Single-Family Home
$140,000
02/23/26
1
1
840
2.54
Single-Family Home
$120,000
10/29/26
2
-
540
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
4.71
Single-Family Home
$236,000
01/30/26
3
1
1,586

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
0.02
$419,700
3
2
1,456
Off Market
0.03
$617,700
3
1
1,400
Off Market
0.04
$165,300
Studio
-
-
Off Market
0.05
$170,500
Studio
-
-
Off Market
0.05
$305,000
Studio
-
-
Off Market
0.06
$179,400
Studio
-
-
Off Market
0.07
$161,900
2
1
750
Off Market
0.07
$275,500
Studio
-
-
Off Market
0.07
$301,500
Studio
-
-
Off Market
0.09
$219,900
Studio
-
-
Off Market
0.09
$172,700
2
1
837
Off Market
0.10
$176,400
Studio
-
-
Off Market
0.11
$288,200
Studio
-
-
Off Market
0.11
$143,100
Studio
-
-
Off Market
0.12
$503,000
Studio
-
-
Off Market
0.12
$221,600
2
1
912
Off Market
0.12
$389,700
4
3
3,000
Off Market
0.15
-
Studio
-
-
Off Market
0.15
$296,300
Studio
-
-
Off Market
0.16
-
Studio
-
-
Off Market

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 2026-11-06 17:48:38 PST.
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 $3,349 (about $2,597 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 7/10).
  • 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.