Property Attributes
- MLS#5091675
- TypeSingle Family
- Listing Status Active
- CountyESSEX
- CityCanaan
- AreaEssex
- NeighborhoodWallace Pond
- Zip05903
- StyleRanch
- Year Built1979
- Price$ 481,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1488
- Lot Size0.25 Acres
Data Source:
PrimeMLS
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 thatâs 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 youâre 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.
| Elementary School | Middle School |
|---|---|
| Canaan School Elementary School | Canaan Schools Middle School |
| Price History | |
|---|---|
| 5/29/2026 | Listed $481,000 |
General Features
| Road Frontage | Yes |
|---|---|
| Sewer | Concrete,Leach Field,Private |
| Heating | Oil,Pellet Stove,Forced Air |
| Cooling | None |
| Utilities | Telephone Available |
| Possession | At Closing |
| Roof | Asphalt Shingle |
| Garage | No |
| Flood Zone | Unknown |
| Zoning | Call town of Canaan |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1979 |
| Electric | Circuit Breaker(s) |
| Style | Ranch |
| Stories Count | 1.5 |
| Type | Single Family |
| Documents Available | Deed,Property Disclosure,Tax Map |
| Property Condition | Existing |
| Tax Year | 2024 |
| Covenants | Unknown |
| Construction Materials | Vinyl Siding |
| Directions | From downtown Colebrook head north on route 3,turn left at the Spa's cook shack,continue on route 114 for approximately 5.3 miles,property is on the right. |
| City | Canaan |
| Property Class | Residential |
| School District | Canaan School District |
| Seasonal | No |
| Elementary School | Canaan School |
| Middle School | Canaan Schools |
| DOM | 105 |
| Price Per Sq Ft Total AG | 323.25 |
| Last Updated | 09/01/2026 15:50:47 |
Interior Features
| Basement Description | Climate Controlled,Concrete,Walkout |
|---|---|
| Basement | Yes |
| Beds | 3 |
| Total Rooms | 7 |
| Room 1 Level | 1 |
| Internet | High Speed Intrnt Avail |
| Total Finished Area | 1488 |
| Rooms: Level 2 | Level 2: Loft |
| Rooms: Level 1 | Level 1: Bedroom,Level 1: Full Bathroom,Level 1: Kitchen,Level 1: Laundry Room,Level 1: Living/Dining |
| Room 7 Type | Loft |
| Room 7 Level | 2 |
| Room 6 Type | Bedroom |
| Room 6 Level | 1 |
| Room 5 Type | Laundry Room |
| Room 5 Level | 1 |
| Room 4 Type | Bedroom |
| Room 4 Level | 1 |
| Room 3 Type | Bathroom Full |
| Room 3 Level | 1 |
| Room 2 Type | Living/Dining |
| Room 2 Level | 1 |
| Room 1 Type | Kitchen |
| Basement Access Type | Interior |
Exterior Features
| Lot Features | Mountain View |
|---|---|
| Driveway | Gravel |
| Water View | Yes |
| Lot Size Area | 0.25 |
| Water Source | Drilled Well |
| Water Body Name | Wallace Pond |
| Foundation | Concrete |
| Color | Tan |
| Waterfront Property | Yes |
| Road Frontage Length | 91 |
| Road Frontage Type | Paved,Public Maintained Road |
| Surveyed | Unknown |
| Water Body Type | Lake |
| Lot Size Square Feet | 10890 |
| Water Body Access | Yes |
| Water Access Details | Dock Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 05903
Statistics provided by Inside Real Estate
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not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. Data last updated September 12, 2026 8:31 PM UTC