Rarely does a location check so many boxes. Situated directly on the Severn River and on a point surrounded by water, this 2 bedroom, 1 bathroom seasonal cottage at Lantern Bay Resort offers one of the most desirable settings in the community. Enjoy river views, the soothing sound of the nearby waterfall, and a location just steps from the marina, boat launch, and private docking area. Being located just down from the Welcome Centre also means easy access without needing to use your fob every time you enter or leave the resort. Whether you're boating the Trent-Severn Waterway, fishing, kayaking, swimming, or simply relaxing by the water, this property makes it easy to enjoy everything Muskoka cottage life has to offer. Inside, the cottage features a spacious layout with a large eat-in kitchen, comfortable family room with fireplace, and plenty of room for family and friends. The primary bedroom offers a queen bed with ample storage, while the second bedroom features two twin-over-double bunk beds, one of which converts into a seating area for added flexibility. Outside, two decks provide plenty of space for entertaining, enjoying your morning coffee overlooking the river, or unwinding after a day on the water. Lantern Bay is a 6-month seasonal resort open from May 1st to October 31st and offers a sandy beach, two pools, marina, boat launch, sports court, playground, gym, walking trails, watercraft rentals, community events, and more. The seasonal fee of $16,015 + HST includes lot fees, hydro, water, sewer, grounds maintenance, resort activities, watercraft rentals, and full access to resort amenities. Owners are responsible only for propane and internet. HST is not applicable to the sale of the unit. Starting in 2026, private rentals will be permitted under specific resort rules and regulations, providing added flexibility and potential income opportunities (ask for details). Or make it part of the resort's rental program!