A rare opportunity to own a unique, commercially zoned waterfront resort on iconic Lake Muskoka, offering endless potential for investors, family compounds, or a turn-key short-term rental business. Set on approximately 200 feet of coveted southwest-facing shoreline, this exceptional property enjoys all-day sun on the water and a sprawling sandy beach that's perfect for swimming, lounging, and lakeside enjoyment. The main residence is a beautifully maintained two-storey farmhouse-style cottage brimming with warmth, charm, and character. With four spacious bedrooms and inviting living spaces, it provides the perfect central hub for family gatherings or guest entertaining. Surrounding the main cottage are four self-contained two-bedroom cabins, each with its own unique layout and personality. Every cabin is positioned to take full advantage of lake views, with private decks that overlook the water-ideal for morning coffee or sunset relaxation. Thoughtfully spaced, the cabins also offer just the right amount of privacy for guests or renters to feel at ease. Located just minutes from the vibrant town of Bala, this property is close to Kee to Bala, fantastic dining, shopping, and all the amenities of Muskoka. Whether you're looking to host large families, run a boutique lakeside business, or develop a thriving short-term rental portfolio, this property is loaded with opportunity. Commercial zoning allows for a wide range of uses and long-term growth potential in one of Ontario's most desirable destinations.