Rare opportunity to own one of Peninsula Drive's coveted lakefront properties, offering completely level access to the water, lush lawns to the shoreline, and a private sandy beach?an exceptional setting for making lifelong memories at Lake Almanor! This inviting home is designed to maximize lakefront living, featuring a bright and spacious living room with vaulted ceilings, abundant natural light, tasteful laminate flooring, direct access to the lakeside deck and a dedicated game table area provides the perfect space for gathering after a day on the water. The open exhibition-style kitchen keeps the chef connected to family and guests while offering ample counter space for prepping dinner, great cabinet and drawer space, and an efficient layout for entertaining. Barbecue and relax on the spacious rear deck, which offers morning sun and afternoon shade! The spacious main-level primary suite is a cozy retreat, complete with skylights, a beautiful natural stone hearth with a wood stove insert, and a charming bunk area for additional sleeping accommodations. Two additional guest bedrooms provide comfortable space for family and friends, while the expansive downstairs game room offers endless flexibility as a recreation room, media room, or overflow sleeping area. Above the garage, the delightful guest quarters provide exceptional privacy with two additional sleeping areas, a full bathroom, and a convenient kitchenette?ideal for extended family or weekend guests. The outdoor setting is truly the highlight of this remarkable property. Beautifully landscaped grounds feature expansive green lawns, mature shade trees, and a picturesque wooden pathway leading directly to your custom aluminum dock. Spend your days swimming from the sandy beach, boating, paddleboarding, fishing, or simply relaxing by the water's edge while taking in the beauty of Lake Almanor. Whether you're searching for the perfect family retreat or a premier lakefront investment, this Peninsula Drive property offers an exceptional combination of level lake access, outstanding outdoor spaces, and comfortable accommodations in one of Lake Almanor's most desirable waterfront locations.