*LUXURY VACATION HOME or IDYLLIC SETTING FOR DEVELOPMENT** 155 feet of lake frontage comes with this comfortable Cape Cod on Chautauqua Lake situated next to the Chautauqua Lake Yacht Club. This property is a must-have for any boating or sailing enthusiast. Potential for private dock or boat launch. Enjoy the panoramic views of the lake from the enclosed front porch with large picture windows. Enjoy the many local attractions: Chautauqua Institution, Bemus Point, walking distance to library, center of village. For any developers, there is quite a value in having property in such an affluent neighborhood next door to the Chautauqua Lake Yacht Club. There is lucrative potential for many commercial or entertainment possibilities. With 155 feet of lake frontage, let your imagination roam free.