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Seasonal Resort with Guest Cabins
For Sale
$1,750,000

5200 Elk Lake Road, Lima, MT 59739

Lima, MT

Property Size7,316 SF
Price / SF$239.20
Days on Market128

Property Features for 5200 Elk Lake Road

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 7,316 SF

Amenities

private dock
watercraft

Building Details

Year built 1937
Listing Agency: Engel & Volkers Butte · Engel & Völkers
Listed By: Riley Ogden
Added: Jun 12 Changed: Oct 10 Last Checked: Oct 17 at 2:06AM
MLS# 403116

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This seasonal hospitality property combines guest cabins with a ranch house and a main lodge featuring a bar, commercial kitchen, and dining area. Additional improvements include outbuildings and staff quarters, along with a private dock and watercraft for guest use. The property was built in 1937 and is situated in Montana’s Centennial Valley.

The resort offers lodging, dining, and outdoor recreation during its operating season. Its setting provides access to thousands of acres of public land, supporting a range of outdoor-oriented hospitality formats. Existing facilities provide a basis for continuing seasonal guest services or adapting the operation to another hospitality concept.

Key Highlights

  • Guest cabins, ranch house, and main lodge with bar, commercial kitchen, and dining area
  • Private dock and watercraft for guest use
  • Access to thousands of acres of public land

Property Analytics

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Current Use

Resorts

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 59739, MT

325
Population
284
Households
1.1
Avg Household Size
54
Median Age
24%
College-Educated
97%
High-School Grad
1,017.6 sq mi
ZIP Area
$54,609
Median Household Income
$21,932
Median Earnings
$188,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Resort - Hospitality improvements include a ranch house, lodge, commercial kitchen, dining room, bar, staff quarters, and private dock.
Where is this resort located?
The property is located at 5200 Elk Lake Road Lima, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Guest cabins, ranch house, and main lodge with bar, commercial kitchen, and dining area; Private dock and watercraft for guest use; Access to thousands of acres of public land
More about this property
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