Lakefront living on the Lake Almanor Peninsula?where sandy shoreline, calm waters, and a protected cove create the perfect setting for year-round enjoyment. This 0.64 acre parcel offers a rare combination of usable beach, exceptional swimming, and long-term development potential. A newer one-bedroom, one-bath cabin sits above the waters edge, providing comfortable living quarters while you design and build a larger home on the lower portion of the property?where a prime building site already exists. Keep the cabin as future guest quarters or enjoy its simplicity as your mountain retreat. Inside, the cabin features vaulted ceilings, an open floor plan, full kitchen, granite counters, quality cabinetry, newer appliances, monitor heater, and a spacious composite deck overlooking the lake. The generous parcel size and protected cove setting make this a standout opportunity for anyone seeking true lakefront living on the Peninsula. Shared dock and buoy with 168 Peninsula Dr.