Thoughtfully redesigned for effortless four-season living, this exceptional Muskoka retreat blends classic cottage character with modern comfort. Rebuilt from the exterior walls in and lifted to create a full-height walkout lower level, the cottage retains its rare grandfathered proximity to the shoreline - a privilege no longer permitted under current bylaws - allowing for uninterrupted lake views and a natural connection to the water. The main level is bright and inviting, with vaulted ceilings, warm wood accents, and a custom kitchen anchoring the open-concept living and dining areas. A propane fireplace adds warmth while expansive windows frame the lake beyond. The former Muskoka Room has been beautifully reimagined with new windows and a sliding door to the BBQ deck, now integrated with the principal living space as a relaxed den or family room that feels connected yet distinct. Glass doors open to a spacious deck with sleek glass railings and southwest exposure, offering ideal spaces to gather, dine, and enjoy long summer afternoons by the water. The main level also includes a private primary suite with ensuite bath, along with a powder room and laundry. The walkout lower level provides three guest bedrooms, each with its own bath, and a bright family area with lake views. Outdoors, the professionally landscaped lot features 150 feet of pristine frontage, a sandy shoreline, and deep water at the dock. A single-slip boathouse enhances the waterfront experience. A beautifully finished coach house above the heated garage offers two bedrooms, a full bath, and an open-concept living space with kitchenette, laundry, and heat pump for year-round comfort. Two new septic systems, a Generac generator, and easy access to Bala and Port Carling by road or boat complete the offering. A substantial furniture package is included, allowing for immediate enjoyment.