Lake Muskoka at an exceptional new price! This rare 1.33-acre waterfront property offers the perfect opportunity to enjoy Muskoka now while creating your dream lakefront estate in the future. Tucked away at the end of a private 600-foot driveway, this beautiful property features 270 feet of curved shoreline, sandy shallow water, stunning northwest exposure and spectacular sunset views. The clean, gentle shoreline is ideal for swimming, boating, children and pets, with a grandfathered double-slip boathouse already in place. The impressive 2023-built carriage house is ready to enjoy, offering 3 bedrooms, 2 bathrooms and a spacious open-concept living area with vaulted ceilings, exposed beams, a granite fireplace and a beautiful entertainer's kitchen with oversized island. Heated floors, a jacuzzi ensuite and large windows add to the comfort and luxury. There is also plenty of room for vehicles, boats and recreational toys, along with a heated garage/workshop area with 2pc bathroom and dog shower. For those looking to create something truly special, site plan approval is in place for an approximately 5,350 sq. ft. main cottage with 5 bedrooms and 8 bathrooms, with plans for a triple-slip boathouse. Additional lot coverage provides future possibilities for a garage, sports court or guest accommodations. Fully serviced with municipal water and sewer, natural gas and fibre internet, this property combines privacy, exceptional waterfront and the convenience of being close to everything Gravenhurst and Muskoka have to offer. This is an incredible opportunity to secure a Lake Muskoka property with a luxurious home already in place and the potential to build your ultimate Muskoka retreat.