Rare opportunity with 173 feet of pristine frontage on Lake of Bays! Cherished by the same family for over 50 years, this classic Muskoka cottage captures the timeless charm of traditional cottage living while offering exceptional future potential. In good condition, this 3-season cottage is ideal for those looking to enjoy its rustic character or use the existing footprint for future redevelopment (subject to township approvals). The cottage features 3 bedrooms, a welcoming living room with beautiful lake views, a screened Muskoka room, and a classic wood-burning stone fireplace for cozy summer evenings and crisp fall nights. There is an updated 3-piece bathroom, septic system and garage as well. The spectacular waterfront offers deep water off the dock, a desirable mix of clean rock and hard-packed sand shoreline, and expansive big lake views across Dwight Bay. Spend your days swimming, boating, or relaxing on the dock while taking in unforgettable sunsets. Located just a short boat ride or drive to Dwight, Dwight Beach, and the Oxtongue River, this property is also conveniently close to restaurants, shops, hiking trails, golf, and the west gate of Algonquin Park. Whether you're seeking a rustic Muskoka family retreat or a premium waterfront property with outstanding long-term potential, this Lake of Bays offering is not to be missed.