Here is a rare opportunity to own a 2 bedroom, 2 bath condo at Paugus Bay Condominium Suites that offers outstanding rental flexibility and a view of the lake. With 2 separate entrances, this property provides numerous possibilities. Rent both sides individually, stay in one side and rent the other, or rent as 1 spacious family-sized unit. The main 1-bedroom side features an open concept design with a full kitchen, dining, and living area. Large sliders leading out to a private balcony, perfect for enjoying sunsets over the water. The bedroom is generously sized with a queen bed and trundle bed if needed, while the full bath includes double sinks and granite countertops. The studio side includes a kitchenette, seating area, queen bed, and another full bath with granite counters. This space is ideal for quests or as the additional rental option, and they come tastefully furnished. Enjoy the association amenities that include a new pool, furnished patio area with gas grills, an indoor common area lounge with kitchenette, and onsite laundry. As a Gilford property own you have beach rights to the beautiful large town beach and town boat launch just a short distance away. The condo fee covers all utilities, including heat, air, electric, TV, internet, water/sewer. This cannot be used as a primary residence, and sorry no pets allowed. Currently managed with a local rental service with the option to continue with. Bring your boat or snowmobile trailer as there is parking for those.