Ideally located on the shores of Lake Muskoka, this exceptional family compound, offers an unparalleled waterfront lifestyle. Boasting over 250 feet of combined shoreline, the estate is comprised of two distinct properties, each with its own charm and amenities. The first property features a beautifully appointed four-bedroom cottage and a substantial two-slip, two-story boathouse complete with separate three-bedroom accommodation (2009). Adjacent, the second property offers a spacious four-bedroom cottage and an additional single-story boathouse. Each property enjoys a gentle slope to the pristine waters of Lake Muskoka, perfect for all ages. Ideally located minutes from the vibrant hubs of Bala, Gravenhurst, and Port Carling and just a convenient two-hour drive from Toronto. The property is a short walk, drive or boat ride all the conveniences of Bala (shops, restaurants, concert venue, groceries, LCBO, etc). It benefits from the ease of municipal water to the cottages and the peace of mind of regular maintenance, as these properties have served as cherished full-time residences by the current owner(s). This is a rare opportunity to create lasting memories with family (separate space(s) for multiple generations) or to select friends as neighbours in a truly remarkable Muskoka setting with north east exposure and big open water views.