Discover a unique opportunity to live, work and play in the heart of Lake of Bays. Ideally located in Dwight, halfway between Huntsville and Algonquin Provincial Park and within walking distance of beautiful Dwight Beach, this versatile property combines comfortable residential living with exceptional commercial potential.Thoughtfully renovated with spray foam insulation, new windows, updated electrical, a new drilled well pump and GenerLink generator connection, the property is well suited for entrepreneurs, tradespeople, creatives or anyone looking to operate a business close to home.The main level offers approximately 800 sq. ft. of bright, open retail/commercial space with an inviting front porch. At the rear, you'll find additional storage, a 2-piece washroom and an impressive approx. 40' x 36' workshop/garage with a side garage door and backyard access. An additional flexible room, currently used as a gym/sauna, adds even more possibilities. A single-car garage and ample exterior parking complete the space.Upstairs, the spacious 3-bedroom, 2-bathroom residence features an open-concept kitchen, dining and living area filled with natural light. A large kitchen island anchors the space, while a woodstove adds warmth and Muskoka charm. The primary bedroom includes a walk-in closet and private 2-piece ensuite.Outside, enjoy a private backyard with a deck, gazebo, hot tub area and gardens surrounded by the natural Muskoka landscape.Whether envisioned as a storefront, studio, workshop or home-based business, this is a rare opportunity to work downstairs, live upstairs and enjoy Dwight Beach just a short walk away.