Meredith is crossed by U.S. Route 3, New Hampshire Route 25, New Hampshire Route 104, and New Hampshire Route 106. It is bordered by the towns of Sanbornton to the southwest, New Hampton to the west, Center Harbor to the north, Moultonborough to the northeast across Lake Winnipesaukee, Gilford to the southeast, and Laconia to the south.
Meredith is dominated by several large bodies of water. About half of the town's southeastern boundary with its neighbor Laconia is occupied by Winnisquam Lake, while the northern half of town lies within a peninsula, Meredith Neck, that separates Meredith Bay from the main body of Lake Winnipesaukee, giving Meredith an extensive coastline. Bear Island, the second largest on Winnipesaukee, and Stonedam Island, along with dozens of smaller islands are also part of the town. Several smaller lakes lie between Winnipesaukee and Winnisquam, including Wickwas Lake and Pemigewasset Lake. Lake Waukewan forms the western edge of the Meredith Village CDP and extends into neighboring New Hampton.
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