Phase 3 is sold out and closed, with construction steadily underway on Phase 4. This stunning 3-bedroom, 5-bathroom townhome is ideally located in the heart of Paugus Bay within a sophisticated and modern 29-unit association offering low monthly fees of just $265 per month. Enjoy beautiful views of Lake Winnipesaukee and the option for convenient boat valet services through North Water Marine. Enter at the ground level to a one-car attached garage and a spacious foyer leading to a private primary suite featuring double closets, a tiled walk-in shower, and direct access to an expansive deck overlooking the lake. Upstairs, the open-concept main living level is designed for effortless entertaining, seamlessly blending the kitchen, dining, and living areas. Sunlight pours through oversized windows, capturing spectacular sunset views across the water. Step out onto the deck to enjoy evening cocktails with lakefront scenery as your backdrop. The chef-inspired kitchen is equipped with GE Caf appliances, granite countertops, a Kohler porcelain farmhouse sink, a premium tile backsplash, a walk-in pantry, and abundant storage throughout. Wide-plank white oak floors, 9-foot ceilings, and thoughtful finishes elevate the space, while a convenient half bath completes the main level. The third floor offers a second primary suite with a walk-in closet and a tiled walk-in shower, along with a third bedroom featuring its own en suite bath with a three-quarter shower, ideal for guests or multi-generational living. The walk-out lower level features tiled flooring throughout, a half bath, and a generous family room that opens to a paver patio overlooking the lake, perfect for relaxing or entertaining after a day on the water. Conveniently located just minutes from Weirs Beach, Gunstock Mountain, the Bank of NH Pavilion, and a wide array of dining, shopping, and year-round Lakes Region attractions.