This iconic Fairholm Island cottage, built in the early 1900s, forms part of an exclusive Beaumaris community on prestigious Upper Lake Muskoka. Featuring 800' of historic shoreline, sunsets and panoramic island-dotted views, plus a building envelope right on the water that cannot be repeated. The meticulously restored lakehouse preserves the integrity of the original classic architectural details while seamlessly blending transitional design elements and modern conveniences. Sweeping, breeze-filled covered verandahs surround the cottage, creating the ideal setting to gather with friends. Enter the bright living room with a commanding fireplace from the protected deck and enjoy the views in all directions over the sparkling water. The living room leads to an impressive lakeside dining room with space for large family gatherings and dinner parties. This level also features a family room, perfect for card night and games, and a main floor powder room. The inviting gourmet kitchen is completely remodelled with new windows and glass doors overlooking the lake, custom white cabinetry, a beautiful large island, stainless steel appliances, including a Wolf range. Enjoy your morning coffee and sunrises lakeside on the walkout patio or in the breakfast nook. There are five bedrooms within the 4580 sq. ft. interior, plus numerous screened sleeping porches where you can hear the water gently lapping at the shore. Fairholm island offers the ideal 1.7 acre playground with hard-packed sandy entry, deep water at the boathouse and gently sloping land. A spacious three slip boathouse with a large storage area above offers space for all your toys. The 3000 sq. ft. private guest cottage features stunning views and a gorgeous verandah, completing this ultimate family compound. Only a half a km boat ride from Mills Rd Landing.