Price Reduction! This meticulously maintained five-bedroom, two-bath freestanding condominium offers approximately 2,600 square feet of finished living space across three levels, with an attached garage and a flexible layout ideal for everyday living, entertaining, and hosting guests. Tucked near the end of a quiet cul-de-sac in the highly desirable Breakwater development, the home enjoys easy access to the community's in-ground pool, tennis courts, and day dock on Paugus Bay, part of Lake Winnipesaukee. The setting offers both privacy and convenience, with nearby amenities just minutes away. The main level features an open and spacious kitchen with ample cabinetry and counter space, flowing seamlessly into the dining area and living room with a gas fireplace. Sliding doors lead to a private deck with filtered water views, creating a perfect indoor-outdoor connection. Two bedrooms and a full bath complete this level, including a generous primary bedroom. The lower level offers an additional bedroom, ideal for guests, a home office, or a quiet retreat. The fully finished lower level expands the living space with two more bedrooms, a full bath, laundry area, game room, and a large family room with a second gas fireplace and direct access to the patio. This level is perfectly suited for entertaining, extended family, or hosting overnight guests. The home is conveniently located close to Lakeport Square, the Lakeport Opera House, restaurants, shopping, parks, golf, skiing, and the many attractions of the Lakes Region. A rare opportunity to enjoy low-maintenance living with space, comfort, and access to lake amenities in one of the area's most sought-after communities.