Located on highly sought-after Walker's Point central Lake Muskoka. This rare offering presents 110 ft of pristine waterfront; on a beautifully proportioned 1.03-acre property, offering the perfect balance of level and gently sloping terrain, with ample flat useable space in front of the cottage, in view of the waterfront. Whether you're dreaming of restoring a classic Muskoka cottage or creating a custom waterfront estate, this property provides the ideal foundation to bring your vision to life. The property is home to an existing 5-bedroom, 3-bathroom structure with an attached two-bay garage, thoughtfully positioned to capture lake views. In addition, along the waterfront you will find a two-storey boathouse featuring accommodations above and oversized slip below. The entry of the property and private and you will find a one bay detached garage as you drive into the property. The existing structures are being offered in as-is condition, presenting an exceptional opportunity for those looking to renovate, modernize, or start fresh with a completely new design. Large waterfront parcels on Lake Muskoka are becoming increasingly difficult to find, making this an exceptional investment in one of Canada's most sought-after recreational destinations. The wide open, long lake view will appeal to all buyers, while the location of the property feels tucked back and separate from big lake action. Take time to consider your surroundings on the oversized dock area, completely separate from the boathouse and offering a compelling footprint for redevelopment. The generous lot size offers ample space to create a remarkable lakeside compound while enjoying privacy, mature surroundings, and endless possibilities for outdoor living and entertaining. Whether you're looking to preserve the property's Muskoka charm through a thoughtful renovation or build a legacy family retreat from the ground up, this is a property where imagination meets opportunity.