A better solution?
Nearly 50 years ago, my family purchased property in a cove for a few reasons. 1.) Southern exposure/protection from the north wind 2.) Well defined boundary as kids grew up within the confines of the cove 3.) Calm water for skiing. The issue here is number 3. It's entirely possible that people bought property in Cummings Cove because it was great for skiing. By creating a no wake zone in that cove, you remove value.
I'm not an expert in the shoreline protection act, but it would make sense to me that you should be able to take additional measures to protect your land (and its value) without subtracting value from others. Several people in the busy sections of the lake have erected breakwaters to protect their beaches and docks. Your efforts might be better served submitting a request to build such a structure.
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