4945 Muskoka 117 RD Lake Of Bays, ON P0A 1E0

Truly a One-of-a-kind Opportunity! This fully updated home offers over 5,000 sq ft of beautifully finished living space, set on more than 7 acres of versatile land, perfect for a wide range of uses. Step inside to a grand foyer that once welcomed guests when the property operated as a prestigious Muskoka bed & breakfast, an opportunity that could easily be revived. The main floor features spacious principal rooms, including a renovated eat-in kitchen complete with stainless steel appliances, a walk-in pantry & built-in coffee bar. Enjoy the bright & spacious sunroom overlooking the backyard, a warm inviting living room with a propane fireplace, & a private office/library with heated floors-ideal for working from home. A well-appointed main floor primary suite offers convenience and comfort, featuring a recently updated 3-piece ensuite and adjacent laundry room. Upstairs, you'll find four generously sized guest suites, each thoughtfully separated with insulated walls and equipped with updated, spa-inspired full ensuites with heated floors & full living area. This level is perfectly suited for bed & breakfast use, multigenerational living, or generating income. The walkout basement expands the possibilities even further, offering a fully self-contained 2-bedroom apartment with a full kitchen and separate laundry. Additional space includes a large finished rec room & workshop. Car enthusiasts and hobbyists will appreciate the oversized 32' x 27' heated & insulated garage, along w/ an additional drive shed for extra storage. Outdoors, the property continues to impress with a large entertaining deck, outdoor sauna, wood boiler furnace, & two conveniently located outdoor showers. A recently installed, fully wired Generac generator provides added peace of mind. All of this is ideally located just minutes from beaches, shops, restaurants, recreational trails, & everyday amenities. Move in and enjoy this exceptional property truly has it all. *Some Photos Virtually Staged.