A unique three cottage waterfront property on a large 2.2 acre lot on Shadow Lake that provides many development options for buyers. The property is gently sloping and well-treed along the lot lines, with several expansive lawn areas perfect for outdoor activities. The waterfront is child-friendly with a wade-in sandy beach and 50 ft of aluminum dock. The main cottage dates from 1947 and has 3 bedrooms and 1,010 sq ft of living space, while the other two cottages date from 1969 and 1972 and have 600 and 690 sq ft of living space respectively. All three cottages have their own septic and water systems, are three season, and are in need of substantial renovation or rebuilding. There is also a detached garage. The property is accessed by a private driveway directly off Highway 35, with services in Coboconk less than 5 minutes away.