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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 youve been waiting for the right moment to step into a meaningful, Montana-based venture with history and heart—this is it.

• Sq Footage
  7316
• Days on Market
  35

Additional Features

• Building Area Total
  7316
• City
  Lima
• Co List Agent Direct Phone
  (406) 593-2666
• Co List Agent Email
  nick.dodge@evrealestate.com
• Co List Agent Full Name
  Nicholas Dodge
• Co List Office Name
  Engel & Volkers - Butte
• Contract Status Change Date
  2025-07-15
• Directions
  G P S:5200 U S Frst Service Rd 8384, Lima, M T 59739 From Ennis take U S-287 S, turn L at M T-87 S, turn L at Henrys Lake Rd, turn L on Forest Rd 053, turn R onto Red Rock Pass Rd,turn R onto U S F S Rd 8384
• Latitude
  44.672025
• Listing Contract Date
  35
• Listing Key
  1119381628
• List Price
  2000000
• Living Area
  7316
• Longitude
  -111.631724
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 B - Beaverhead County
• MLS Status
  Active
• Original List Price
  2000000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  0000102085
• Photos Count
  54
• Postal Code
  59739
• Property Sub Type
  Building Business
• Property Type
  Commercial Sale
• Sewer
  Septic Tank
• Standard Status
  Active
• Tax Annual Amount
  3995
• Tax Legal Description
  S29, T13 S, R01 E, IMPS ONLY
• Tax Year
  2024
• Unparsed Address
  5200 Elk Lake Road
• Utilities
  Electricity Connected, Fiber Optic Available, Propane, Phone Available, Septic Available, Water Available
• Water Source
  Well
• Year Built
  1937

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