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

$3,999,900

This Muskoka investment and development property is in an exceptional location. It has good visual exposure with both highway and beachfront road exposure. The property is situated across the road from beautiful Dwight Beach, docks, and boat launch. It offers breathtaking views of Lake of Bays, which is Muskoka's second-largest lake and has 365 miles of shoreline to explore. This family operated cottage resort with 7 cottage units and 5 bedroom century home has enormous potential for further tourist development, residential development or a family compound. The area of Dwight is currently witnessing the construction of numerous large housing projects, which will not only enhance the existing cottage and tourist populations but also attract a significant year-round population. The charming village of Dwight offers a range of convenient amenities, such as local bakeries, restaurants, an LCBO, a grocery market with pharmacy, a gas station, garage, marinas, as well as unique shops, building/hardware store. Additionally, the area features various trails, including OFSC snowmobile & ATV trails, offering ample recreational opportunities. The community also boasts a public school, library, community center, township office, churches, and a seniors recreation hall. Entrepreneurs and developers will find this location excellent, providing an ideal setting to bring their innovative ideas to life. With an expansive beach, docks, and boat launch across the road, the appeal of this property is unique! The property is conveniently located a 15-minute drive away from the town of Huntsville, the Limberlost Forest Reserve Trails, and world-renowned Algonquin Park. Structures include: 3200 sq ft lodge/home with 5 BR, 7 cottage units - 5 winterized cottages have 3 bedrooms, 2 cottages have 2 bedrooms all units have kitchens. Other buildings include a large barn. Information package available for this exceptional property. See the Virtual tour of this gorgeous property. (id:50886)

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https://www.realtor.ca/real-estate/27486830/2840-highway-60-e-lake-of-bays