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Turn-Key Montana Business!! Rainbow Valley Lodge & Fly Shop … a True Montana Icon!! The Lodge and Fly Shop are as striking as the Madison Valley landscape it calls home. This is a rare chance to acquire the well established Rainbow Valley Lodge and Fly Shop on 8.42± acres, perfectly located on the edge of Ennis. With a loyal base of repeat guests and a steady stream of new visitors, this thriving business has become a Montana favorite. The lodge features 24 inviting rooms that include suites, and cozy cabins each with rustic log and knotty pine interiors that create the warm, authentic cabin feel travelers love. Amenities include an welcoming front office, a fully stocked fly shop, heated swimming pool & lounge area, a gathering area a guest laundry room and a commercial laundry room. A onsite 4 bedroom 2 bath residence provides convenience and comfort for an owner or property manager. Guests enjoy easy access to the world-famous Madison River, making it an angler’s dream. Families and outdoor enthusiasts also appreciate the proximity to downtown Ennis, nearby Virginia City, Yellowstone National Park and endless recreational opportunities. All personal property and equipment necessary to operate the business transfer with the sale, allowing a seamless transition for the next owner. This great property sits on 2 separate parcels with a new septic system providing potential for expansion. This is your chance to step into a successful hospitality business in one of Montana’s most sought-after locations.

• Sq Footage
  3600
• Acres
  8.42
• Days on Market
  7

Additional Features

• Building Area Total
  3600
• City
  Ennis
• Co List Agent Direct Phone
  406-548-1066
• Co List Agent Email
  pammenzel@gmail.com
• Co List Agent Full Name
  Pam Menzel
• Co List Office Name
  R E/ M A X Mountain Property
• Contract Status Change Date
  2025-09-09
• Cumulative Days On Market
  6
• Directions
  Approximately 1 mile S E of Ennis
• Documents Count
  5
• Heating
  Baseboard, Electric, Forced Air, Propane
• Heating
  Yes
• Latitude
  45.339541
• Listing Contract Date
  7
• Listing Key
  1133458304
• List Price
  5350000
• Living Area
  3600
• Longitude
  -111.711305
• Lot Size Acres
  8.42
• Lot Size Square Feet
  366775
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 M M - Madison - Madison Vly
• MLS Status
  Active
• Original List Price
  5350000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  0027215600
• Parking Features
  Gravel
• Photos Count
  65
• Postal Code
  59729
• Property Sub Type
  Building Business
• Property Type
  Commercial Sale
• Sewer
  Septic Tank
• Standard Status
  Active
• Tax Annual Amount
  10362
• Tax Year
  2024
• Unparsed Address
  4781 U S Hwy 287
• Utilities
  Electricity Available, Fiber Optic Available, Propane, Septic Available, Water Available
• Water Source
  Well
• Year Built
  1975

Let me show you this listing!