Set on over 2 acres, this Princess Margaret Grand Prize Cottage, constructed in 2021, has since been enhanced with nearly $500,000 in upgrades and improvements, transforming this stunning Echo Lake retreat into an exceptional waterfront escape in the heart of Muskoka. From the breathtaking landscaped gardens, paved driveway, armour stonework, stone walkways, covered Sunrise 6-person hot tub to the solar landscape lighting walkway to lake. Every inch of this property has been thoughtfully designed and meticulously maintained. Beautifully decorated throughout with the signature style and quality the Princess Margaret homes are known for. When you walk through the front door, the first thing you'll notice is the stunning vaulted ceiling that immediately creates an airy, open concept feel and perfectly compliments the cottages' warm Muskoka charm. Enjoy peace of mind with year round municipal road access, a drilled well, monitored alarm system, and a 22 kW backup generator so you never have to worry about power outages. The main level features a bright eat-in kitchen and dining area and an inviting living room with a propane fireplace. Also on this level are two spacious bedrooms, a 4-piece bath, and a spectacular Muskoka room with floor-to-ceiling windows overlooking the lake, offering breathtaking waterfront views year-round. Upstairs, the private primary suite offers a large 3 pc. ensuite bathroom, while the loft area provides the perfect office, reading nook, or relaxing lounge space. Additional features include two sea cans for exceptional storage, one insulated and both with hydro. An added bonus is the included 1.6-acre back lot, offering endless possibilities for future use. Perfectly located for outdoor enthusiasts, this property is close to snowmobile and ATV trails and just minutes from the quaint village of Baysville. Baysville Marina on the Lake of Bays is only an 8-minute drive away. List of improvements attached.