27821 Peninsula Drive 420 Discover a rare gem in Lake Arrowhead’s exclusive Meadow Bay North! This completely renovated, tastefully designed lakefront townhouse includes its own easy access dock slip in the calm waters of Meadow Bay, perfect for effortless lake adventures. Nestled within a private, gated community spanning 17 acres, this 4-bedroom, 3-bathroom townhome offers over 2, 000 sqft of beautifully curated space. From the moment you enter, you’re greeted by a spacious, open concept main level designed for effortless living. With the unique option for single level living, this floor includes a bedroom and full bath, making it as practical as it is luxurious. The kitchen, dining, and living areas flow seamlessly, bathed in natural light from large windows that frame breathtaking views of the lake and beach. Relax by the cozy fireplace or step out onto the expansive Trex deck, where you can enjoy morning coffee, sunset gatherings, or peaceful evenings overlooking the water. Upstairs, you’ll find two more bedrooms and a full bath, offering flexibility for guests. On the lower level, a large game room area with a wet bar, opens directly to the sandy beach - literally, step right out onto the sand and enjoy the ultimate lakeside experience. This level also features an ensuite bedroom, giving it a sense of privacy and independence from the rest of the house. It’s perfect for hosting guests or even as a full time rental space, with all the comfort and seclusion anyone could want. What truly sets this property apart is its rare accessibility, with level entry from the parking area to the front door and a direct, stair-free path to the beach and water’s edge - an uncommon feature in mountain communities. Designed for comfort and convenience, the home also includes ample storage and abundant parking for guests. The HOA ensures low maintenance living, covering roof, deck, and siding maintenance, along with trash and snow removal. Residents enjoy access to Lake Arrowhead’s largest private beach, featuring a dedicated dog friendly area, beautifully maintained grounds, and close proximity to the area’s best amenities, all while being shielded from the bustle of daily life. Whether you’re seeking a relaxing lakeside retreat or an investment opportunity (county permit required, minimum 6-night stay), this lakefront townhome is a rare chance to own a piece of Lake Arrowhead’s most desirable shoreline.