1326 KAWAGAMA LAKE ROAD, Algonquin Highlands (Sherborne), Ontario, P0A1E0

Property Description

Exceptional residential and/or commercial possibilies and opportunities abound on this unique, 10+ acre waterfront property with 1,200' on the Hollow River that has navigable boat access to MUSKOKA'S esteemed LAKE OF BAYS. Introducing a rare chance to own a piece of Cottage Country's iconic, maturely treed landscaped gems, located just minutes from the charming town of Dorset, Ontario. Currently home to the historic "Hollow Valley Resort" is now being offered for sale as a turnkey resort and land asset investment with lots of potential to expand the business under C3-3 zoning. This offering includes the land, a spacious and renovated main lodge of 4,000+ sq ft with 7 rentable bedrooms (each with their own ensuite bathrooms), large septic system, drilled well and all 12 existing buildings on site (with newer roofs). There is significant potential to have up to 30 cabins and future development. This 4~season property is currently undergoing a thoughtful revitalization, together with the vision of restoring it into a premier 5-star resort destination. Muskoka-Haliburton tourism is growing steadily year after year and the supply of waterfront properties becoming increasingly scarce, so now is the time to secure your place in one of Ontario's most desirable regions. Whether you're looking to hold for appreciation, develop, continue operating as a resort or retreat, OR use as an extended FAMILY COMPOUND, this is a land opportunity you won't want to miss. For visionary investors only, this is your chance to own an irreplaceable part of Cottage Country. Enjoy 1000's of acres of crown land nearby, scattered with trails for activities associated with each of the seasons! Begin your own story and memories here! Located 2.5 hours from Toronto. (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: 8
• Living Area: 11 sq ft (1.0 m²)
• Lot Size: 10.8800 acres (4.4 ha)
• Frontage: 1,260 ft (384 m)

Costs

• Annual Taxes: $8,881.26

Listing Provided by: Forest Hill Real Estate Inc.
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.