5 Michaels Way, Laconia, NH, 03246

Paugus Bay on Lake Winnipesaukee, this beautifully reimagined lakefront residence, offers exceptional design, timeless appeal, thoughtful craftsmanship, & 86' of shoreline with its own boat slip. The home, rebuilt in 2023, spans three levels of light-filled living space with striking architectural lines, expansive glass, & a wraparound deck, including an inviting enclosed porch, all designed to maximize lake views & indoor-outdoor flow. Designed for both relaxation & refined living, it blends crisp lines with warm, inviting finishes. The chef's kitchen features quartz countertops, premium appliances, & custom cabinetry. Upstairs, a luxurious primary suite includes a spa-like bath & a private lake-facing balcony — perfect for quiet mornings or sunset views. Hunter Douglas window treatments are installed throughout (motorized in the primary suite), along with a whole-house generator & water filtration system. Outside, enjoy granite steps, stone walls, a lakeside fire pit & beautifully landscaped grounds. Additional amenities include power awnings with wind sensors, a propane-plumbed BBQ, a heated garage & city sewer, PSNH approval for power to the dock; just needs a panel & a permit is in place for stairs to the water & a perched beach. The walk-out lower level hosts a stylish 2BR apartment with separate entrance — ideal for guests or multigenerational living. Rental-friendly area makes this property as smart an investment as it is a retreat.