Muskoka memories are etched in the walls & they soar throughout the grounds of this truly magical family cottage property on Taylor Island. Lovingly held for 5 generations, this first-time offering presents an unparalleled opportunity to own a piece of history - a breathtaking 5.7 acre property boasting 270 feet of unique & private waterfront. The main cottage is perfectly perched on a dramatic rock ridge, offering an ideal vantage point for expansive views, and the oversized (12x18) guest sleeping cabin enjoys that coveted, grandfathered waters edge setting. Just a 10 min boat ride to the marina, with a convenient dock space to leave your boat. You'll have a choice of two pathways from the level waterfront area up to the cottage - one with a gentle slope for both the young & young-at-heart. Then step into a world where cherished memories & modern comforts merge. A charming mix of the original 1930's cottage living room awaits, effortlessly blended with a new 2005 addition, including a screened porch & an insulated 2-bdrm + bathroom addition, plus a spacious eat-in kitchen with separate pantry storage & an extended workshop. Two new airtight wood stoves, professionally installed, will extend your cottage season from early spring into late fall - perfect for taking full advantage of the beautiful autumn colours & keeping cozy on those cooler nights. A new deck off the east side of the cottage adds to the charm & functionality of this idyllic retreat. And when nature paints your skies with vibrant hues of sunrises & sunsets, you will enjoy those spectacles from multiple windows within the cottage or from multiple exterior decks & sitting areas. A shallow entry, sandy swimming cove is perfect for children & there is even a whimsical tree house nestled in the woods. Towering trees grace the property, enhancing privacy & possibilities abound for continued use or redevelopment of this exceptional large acreage property. Creating your family's legacy begins right here!