Spectacular, 100ft maturely treed lot on pristine, weed-free waterfront on Balsam Lake-the Jewel of the Kawarthas. Enjoy sunrise views across the open bay on the calm side of the lake, ideal for swimming and boating. Surrounded by multi-million-dollar homes in a highly sought-after enclave, this is a rare opportunity to upgrade the existing cottage or start fresh with your lakeside dream home and save on development fees. The older Viceroy 3-bedroom cottage features a wood-burning fireplace, vaulted/beamed ceilings, wood floors, some updated windows, and a 56' wrap-around deck with sweeping lake views. A fully fenced yard is perfect for pets. Outbuildings include a solid 2-car garage (22' x 20'), an older 21' boathouse, and a garden shed. Included are most contents and a boat, all in "as is" condition-ready for your vision. Boat anywhere from your dock on the renowned Trent-Severn Waterway. Just 90 minutes from the GTA and minutes to Kirkfield, Coboconk, and Fenelon Falls for shops, dining, and amenities. First time offered since the 1960s, this cherished family property combines premier frontage, towering maples, and an exceptional location-an investment in legacy living on one of Ontario's most coveted lakes.