240 Rosewood Lane Waterfront Opportunity on Lake Manitou 240 Rosewood Lane in Sheguiandah offers a rare chance to own a truly exceptional piece of Lake Manitou shoreline. Priced at $629, 900, this property features 220 feet of fully usable sandy waterfront—making it the only lot on the lake with this combination of beach access, extra-wide frontage, and an uninterrupted open-water view. Set on a 0.964-acre lot, the setting provides space, privacy, and natural beauty in every direction. Whether it’s swimming from your private beach, launching a boat from your dock, or simply enjoying the views from the elevated deck, this property is built for lakeside living. The existing 4-bedroom, 1-bathroom structure, built in 1977, includes a finished walkout basement that provides direct access to the backyard and shoreline. While the home offers functional space, the true value lies in the land, location, and waterfront experience. Year-round access is available via a privately maintained road, with an annual fee of approximately $120 shared by local residents. An ideal property for anyone looking to build, renovate, or simply enjoy a peaceful retreat on one of Manitoulin Island’s most sought-after lakes. (id:203)