Rare Chemong Lake waterfront investment and redevelopment opportunity just minutes from Peterborough. Set on approximately 4.65 acres with approximately 785 ft of waterfront, this C4-2 zoned commercial property offers exceptional lake frontage, existing resort infrastructure, multiple income streams, and long-term upside. Currently operated as Lancaster Cottage and Trailer Resort, the property includes 50 sites, a main two-storey 3-bedroom house, a 2-bedroom cottage, 2 park models, workshop/shed, public washrooms, public laundry, boat launch, docking system, beach, gazebo, and an approximately 20 x 40 saltwater swimming pool. The property also includes 7 vacant waterfront sites available for new trailer placement or trailer sales income, in addition to seasonal site fees. Located on the shores of Chemong Lake, part of the Trent-Severn Waterway, this property offers direct waterfront access, lake views, boating, recreation, and strong Kawartha lifestyle appeal. The location is minutes from Peterborough, Bridgenorth, Ennismore, and convenient access routes to Highway 115.A rare opportunity to acquire a large-format waterfront commercial property with existing resort use, income potential, substantial frontage, and possible future redevelopment upside. Continue the resort operation, reposition the business, expand seasonal revenue, hold as a waterfront commercial asset, or explore redevelopment potential, subject to all required approvals. Buyer to verify zoning, permitted uses, site count, servicing, income, environmental matters, shoreline regulations, conservation requirements, and redevelopment potential.