A truly exceptional waterfront property on the tranquil shores of Wallace Pond in Canaan, Vermont. This meticulously renovated residence blends timeless craftsmanship with modern luxury, offering a rare, turnkey lakefront lifestyle. Recent enhancements include a thoughtfully designed primary suite and a direct entry two-car garage, completing the home’s refined transformation. The main level is anchored by a sophisticated open-concept kitchen, living, and dining space, where expansive windows frame uninterrupted views of the lake and Canada. The private primary suite serves as a serene retreat, featuring a whirlpool tub and spa-like ambiance, while two additional bedrooms and a full bath provide comfort and flexibility for guests. The lower level offers generous space for entertaining and relaxation, with a large living, potential for a sleeping area, a ¾ bath, and an oversized recreation room that flows effortlessly to the patio and water’s edge—ideal for seamless indoor-outdoor living. Luxury extends beyond aesthetics, with energy-efficient mini-split systems, radiant in-floor heating, and shoreline stabilization completed in coordination with the State of Vermont to preserve the integrity of the waterfront. Adding to the property’s appeal is a charming, fully renovated and equipped waterfront guest cottage with its own kitchen and bath—perfect for hosting family and friends in privacy and style. The home is being sold mostly furnished and is ready for you to settle in and get ready to enjoy your summer. View the property video on youtube!
Active
Listed by:
Jennifer Rancourt,
RE/MAX Northern Edge Realty/Colebrook 603-237-5850
$775,000
4012 VT Route 114, Canaan, VT 05903
3beds
3,826sqft
Est.:
Single Family Residence
Built in 1960
8,712 Square Feet Lot
$-- Zestimate®
$203/sqft
$-- HOA
What's special
Direct entry two-car garageRadiant in-floor heatingEnergy-efficient mini-split systemsMeticulously renovated residence
- 5 days |
- 397 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 01:47pm
Listed by:
Jennifer Rancourt,
RE/MAX Northern Edge Realty/Colebrook 603-237-5850
Source: PrimeMLS,MLS#: 5075594
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Hot Water, Mini Split
Cooling
- Mini Split
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: 1st Floor Laundry
Features
- Kitchen Island, Kitchen/Dining, Kitchen/Family, Living/Dining, Primary BR w/ BA, Natural Light, Natural Woodwork, Vaulted Ceiling(s)
- Flooring: Tile, Wood
- Windows: Skylight(s)
- Basement: Climate Controlled,Finished,Walk-Out Access
Interior area
- Total structure area: 3,826
- Total interior livable area: 3,826 sqft
- Finished area above ground: 1,754
- Finished area below ground: 2,072
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Garage spaces: 2
Accessibility
- Accessibility features: 1st Floor Bedroom, 1st Floor Full Bathroom, 1st Floor Hrd Surfce Flr, Bathroom w/Tub, One-Level Home, 1st Floor Laundry
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Deck, Private Dock
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Body of water: Wallace Pond
- Frontage length: Water frontage: 143,Road frontage: 143
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Additional structures: Guest House
- Parcel number: 12603910178
- Zoning description: planning board
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Concrete, Holding Tank
- Utilities for property: None
Community & HOA
Location
- Region: Canaan
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $380,700
- Annual tax amount: $8,667
- Date on market: 2/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Listed for sale | $775,000+93.8%$203/sqft |
Source:  PrimeMLS #5075594 Report a problem | ||
| 9/30/2022 | Sold | $400,000-11.1%$105/sqft |
Source: Public Record Report a problem | ||
| 8/30/2021 | Listing removed | -- |
Source: PrimeMLS #4848586 Report a problem | ||
| 2/25/2021 | Listed for sale | $449,900+136.8%$118/sqft |
Source: PrimeMLS #4848586 Report a problem | ||
| 5/31/2005 | Sold | $190,000+26.7%$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $380,700 |
| 2023 | -- | $380,700 |
| 2022 | -- | $380,700 +86.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,069/mo
Principal & interest
$3707
Property taxes
$1091
Home insurance
$271
Climate risks
Neighborhood: 05903
Nearby schools
GreatSchools rating
- 5/10Canaan SchoolsGrades: PK-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Canaan School
- District: Canaan School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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