2840 Highway 60 Route E Lake Of Bays, Ontario P0A 1H0

$3,999,900

Your Muskoka Dream Awaits with stunning lakefront views This exceptional investment, family compound or development property in Dwight offers an unbeatable combination of location, a rich history, potential, and lifestyle. With highway and beachfront road exposure, this resort property is perfectly positioned across from the expansive Dwight Beach on Lake of Bays, Muskoka's second-largest lake with 365 miles of shoreline to explore. The boat launch on Lake of Bays is conveniently located within walking distance. This very well-maintained, family-run cottage resort includes: A 3,200 sq ft home (formerly a lodge), 7 fully winterized cottages (5 with 3 BR, 2 with 2 BR), and a large old fashioned barn ready for a creative conversion. This property is packed with possibilities But the real opportunity lies in its development potential: Current lot coverage is just 2.65%, A new concept site plan allows 11 additional cottage units or an increase of 12.25% lot coverage. Or you may have other ideas for potential expansion with more cottages, restaurant etc.. or property severances. Nearby amenities include; bakeries, restaurants, LCBO, and a grocery market /pharmacy, gas station, service garages, marinas, unique shops and Building/hardware store. This is a popular area for recreation with snowmobile, ATV trails, skiing, fishing and watersports. Located 15 minutes from Huntsville, Limberlost Forest, and Algonquin Park perfect for adventure seekers and nature lovers alike. An info package, virtual tour, and new site/concept plans are ready to show you the full scope of this incredible opportunity. Don't wait, properties like this are rare! (id:56991)

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