A rare opportunity to own a unique, commercially zoned waterfront resort on The Moon River, offering endless potential for investors, family compounds, or a turn-key short-term rental business. Set on approximately 200 feet of 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 riverside enjoyment. The main residence is a traditional-style farmhouse brimming with warmth, charm, and character. With four 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 river 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, and also close to the charming community of Port Carling, this property offers easy access to fantastic dining, shopping, live entertainment at Kee to Bala, and all the amenities of Muskoka. Whether you're looking to host large families, run a boutique riverside 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.