$1,750,000
( $239.20Per Sq Foot )
 $9,394 est/mo Sourced by Back At You

5200 Elk Lake Road,Lima, MT 59739

Lima, MT 59739

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Description

Tucked deep in Montana’s Centennial Valley, Elk Lake Resort presents a rare chance to own a legacy hospitality business in one of the most unspoiled and wildlife-rich settings in the West. Surrounded by sweeping views, endless skies, and abundant big game, the resort’s business, buildings, and infrastructure are now offered for salecompletely turnkey and ready for the next chapter. 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 businessit’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 heartthis is it.

Details

MLS #30054834
Listing TypeFor Sale
StyleBuilding
Sub-TypeResale
StatusActive
Year1937
Days On Site395
Listing Provided ByEngel & Völkers - Butte | Nick Dodge

Features

SQ Feet7,316
Water FrontYes

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount3995

Area Information

StateMT
CountyBeaverhead
CityLima
Zip Code59739
Sourced by Back At You

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Learn More About This Property

StateMT
CountyBeaverhead
CityLima
Zip Code59739
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.312M - $2.187M
sqft: 5,000 - 9,000
Nearby Listings Property ImageNearby Listings Details
5200 Elk Lake Road Property Photo 1
$1,750,000
5200 Elk Lake Road
Lima, MT 59739
Listing Updated: July 9, 2026 at 11:10:55 AM PDT