It was once conjectured that if A is a uniform algebra on its maximal ideal
space X and if each point of X is a peak point for A, then A = C(X). This
peak point conjecture was disproved by Brian Cole in 1968. However, it was
recently shown by Anderson and Izzo that the peak point conjecture does hol
d for uniform algebras generated by smooth functions on smooth two-manifold
s with boundary. Although the corresponding assertion for smooth three-mani
folds is false, we establish a peak point theorem for real-analytic three-m
anifolds with boundary.