5200 Elk Lake RD Lima, MT 59739
7,316 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/ Business
Listing Status Active
Purchase Type For Sale
Square Footage 7,316 sqft
Price per Sqft $273
MLS Listing ID 403116
Year Built 1937
Annual Tax Amount $3,995
Tax Year 2024
Property Sub-Type Building/ Business
Property Description
Operating seasonally, the resort currently offers all-inclusive lodging, dining, and outdoor recreation to guests seeking the ultimate off-grid experience. The property includes multiple cozy guest cabins, a spacious ranch house, a fully equipped main lodge with a full-service bar, commercial kitchen and dining area, outbuildings, staff quarters, and on-site amenities like a private dock and watercraft for guests. Known for its intimate atmosphere, warm hospitality, and connection to nature, Elk Lake has become a sought-after destination for families, fly-fishermen, wedding parties, and retreat groups looking to unplug and recharge.
That said, the possibilities go well beyond the current business model. With its remote location, strong infrastructure, and access to thousands of acres of public land, this property could easily be transformed into a basecamp for hunting outfitters, a seasonal retreat center, or a private hospitality venture. Whether you want to continue its decades-long tradition of summer lodging and dining, or reimagine it as a destination for sportsmen and backcountry adventure, the foundation is already in place.
This is more than a business—it's a lifestyle. A place where days are defined by sunrises over the lake, the sound of elk bugling in the fall, and evenings spent under a sky full of stars. If you've been waiting for the right moment to step into a meaningful, Montana-based venture with history and heart—this is it.
Location
State MT
County Beaverhead
Area Madison/Beaverhead/Jefferson
Direction GPS:5200 US Frst Service Rd 8384, Lima, MT 59739 From Ennis take US-287 S, turn L at MT-87 S, turn L at Henrys Lake Rd, turn L on Forest Rd 053, turn R onto Red Rock Pass Rd,turn R onto US FS Rd 8384
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Fiber Optic Available, Propane, Phone Available, Septic Available, Water Available
Water Access Desc Well
Building
Sewer Septic Tank
Water Well
Others
Tax ID 0000102085
Ownership Full
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Green/Energy Cert Solar
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None