A rare opportunity to own a fully operational lakefront resort on sought-after Shadow Lake. Set on 3.84 acres with over 500 feet of private sandy shoreline, this turn-key property features 11 year-round cottage seach with its own unique charm, layout, and appeal. All units come fully furnished with full kitchens, A/C, woodstoves, and private outdoor space. Several cottages are waterfront with private docks, while others are tucked into the trees for added privacy. Guests enjoy a shared beach with sandy wade-in access, fire pits, picnic areas, and a lakeside sauna. This is a proven income-producing resort with Airbnb revenue of $203,495 in 2023 and $264,316 YTD in 2024 (after platform fees). After estimated expenses, the property generates a ~6.95% + cap rate based on the current list price of $3,200,000.The active Airbnb profile and operating systems can be transferred to the buyer for a seamless investment handover. Ideal for investors, boutique retreat owners, or multi-family use. High-speed internet available. Located just 10 minutes to Coboconk, 2 hours from the GTA, and directly accessible from Highway 35.