For the first time in generations, a rare opportunity awaits in the prestigious Wigwassan Point enclave of central Lake Rosseau. Located across from the iconic Windermere House, known as the "Lady of the Lake," and situated on the historic site where the famed Wigwassan Resort once stood, this remarkable island property offers a chance to own a piece of Muskoka history. Quite simply, they don't make waterfront parcels, views, or locations like this anymore. Set on approximately 1.4 acres with 303 feet of straight-line shoreline frontage, the property offers exceptional privacy and redevelopment potential, including the possibility of a future two-storey boathouse, subject to approvals. The gently sloping shoreline provides both shallow entry and deeper water, ideal for swimming, paddle boarding, and larger watercraft. Enjoy sweeping northern views across to Rostrevor and Haraby Shores along with spectacular summer sunsets over North Bohemia Island. The charming 1930s cottage sits just steps from the water and features 2 bedrooms, 1 bathroom, a cozy living/dining area, kitchen, and a classic screened Muskoka porch. Whether your vision is to preserve this cherished cottage or create a custom family retreat, the setting is truly exceptional. Additional features include a single-slip boathouse with dock for lakeside lounging and watercraft storage. Access is easy with a rental boat slip for docking and parking available at Parker's Landing in Windermere, just a five-minute boat ride away. Centrally located on Lake Rosseau, you're only minutes from Port Carling, Port Sandfield, golf courses, restaurants, and many of Muskoka's most sought-after destinations. Offering a rare combination of history, privacy, convenience, long lake views, and future potential, 76 Tobin Island is a true legacy property in one of Lake Rosseau's most treasured locations.