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$2,000,000
35 Days On Site

5200 Elk Lake Road
Lima, MT 59739

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,316
SqFt
$273
/SqFt
1937
Built
County:
Beaverhead
5200 Elk Lake Road5200 Elk Lake Road5200 Elk Lake Road5200 Elk Lake Road
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Monthly Payment (Est.)

$9,125
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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 sale—completely 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 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.

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Listing Snapshot
Price 
$2,000,000
Days On Site 
35 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,316 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1937
MLS® Number 
30054834
Status 
Active
Property Tax 
$3,995
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Additional Property Use 
CommercialResidentialRecreationalSingle Family
Foundation 
Other
Sewer 
Private SewerSeptic Tank
Special Circumstances 
Standard
SqFt Total 
7316
Utilities 
Electricity Connected
Water Source 
PrivateWell
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Exterior Features
Lot Features 
Waterfront
Waterfront 
Yes
Waterfront Features 
LakeWaterfront
Listing courtesy of Engel & Völkers - Butte



Listing information is provided by Participants of the Montana Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Montana Regional MLS.
Last checked: 2025-09-03 06:43 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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