500 Peninsula Dr Lake Almanor, CA 96137

This extraordinary lakefront estate is one of the finest legacy properties ever offered in the Lake Almanor Country Club. Set on an exceptional 1.38-acre parcel with over 208 feet of level shoreline frontage, this remarkable waterfront compound includes a stunning custom-built main residence and a charming guest log cabin, creating the perfect setting for generations of family and friends to gather and enjoy lake life. Step inside the impressive main home and you'll immediately be captivated by soaring vaulted wood ceilings accented with exposed timber trusses, rich hardwood flooring, a magnificent floor-to-ceiling natural stone fireplace, a custom elk antler chandelier, and an expansive wall of windows that fills the home with natural light while framing breathtaking lake views. The gourmet kitchen is a true showpiece, featuring custom soft-close alder cabinetry, beautiful granite countertops, a custom copper range hood, Wolf gas range, Sub-Zero refrigerator, spacious center prep island, wine chiller, and exceptional workspace for entertaining. The luxurious main-level primary suite offers a private retreat with its own river rock fireplace, spectacular lake views, direct access to both the lakeside deck with hot tub and the covered front porch, and an oversized walk-in closet. The spa-inspired primary bath is beautifully appointed with a large custom tiled shower, dual vanities topped with marble countertops, and a private water closet. Two additional guest suites each feature private en suite bathrooms with custom tiled showers and high-end finishes, providing comfort and privacy for family and guests alike. Downstairs, the spacious game room is the perfect place to unwind after a day on the lake, offering direct access to the expansive lawn and convenient outdoor shower. Outdoor living is truly unmatched, with an incredible lakeside deck designed to capture morning sun and relaxing afternoon shade. Whether you're dining outdoors, soaking in the hot tub, or simply watching loved ones swim in your own protected deep-water cove, this home was designed to embrace the very best of Lake Almanor living. Adding to the property's unique appeal is the delightful log guest cabin, originally built in 1956 and full of authentic mountain character. Comfortable and inviting, it offers three bedrooms, an updated kitchen, a centrally located full bathroom, and a spacious deck where guests can relax in complete privacy. The grounds are equally impressive, with lush lawn extending to the water's edge, outstanding privacy thanks to generous separation from neighboring properties, and a custom aluminum dock providing the perfect launching point for boating, swimming, and endless summer fun. Fenced on three sides, this rare waterfront compound offers an exceptional sense of seclusion while remaining in one of Lake Almanor's most sought-after locations. Beautifully maintained and thoughtfully designed, this is a once-in-a-lifetime opportunity to own one of Lake Almanor's premier waterfront estates-a place where family traditions will be created and treasured for generations to come.