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    2041 River Lakes Pkwy Whitefish, MT 59937

    Sponsored
    For Sale
    $2,369,000

    Prime 2.5-acre lot, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.5-acre waterfront property in Whitefish, Montana, presents a unique development opportunity. Located at 2041 River Lakes Parkway, this land boasts a coveted WR-4/Commercial zoning designation, permitting single-family, high-density multifamily, and commercial development—a rare combination in such a desirable location. Bordering the popular Lakes Estates Subdivision, the property offers stunning views of a pond, Big Mountain, and the eastern mountains. Its flat terrain and proximity to walking/bike trails, ballfields, the Whitefish Music School, Logan Health Hospital, and various amenities make it an ideal site for a variety of projects. Preliminary plat approval for a nine-lot townhouse subdivision ("Under The Crescent Moon") is already in place, with existing plans and engineering readily available to the buyer. This turnkey development plan offers a significant advantage, allowing for immediate project commencement or the flexibility to leverage the zoning for alternative development concepts. The asking price for this remarkable property is $2,369,000. The property's address is 2041 River Lakes Parkway, Whitefish, MT 59937.

    Property Features for 2041 River Lakes Pkwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre waterfront property in Whitefish, MT.
    • WR‑4/Commercial zoning allows single‑family, multifamily, and commercial development.
    • Stunning views of pond, Big Mountain, and eastern mountains.
    • Flat terrain near amenities including walking/bike trails, ballfields, Whitefish Music School, and Logan Health Hospital.
    • Preliminary plat approval for a nine‑lot townhouse subdivision ("Under The Crescent Moon") is available.
    • Asking price: $2,369,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Wholesale Shop Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitefish
    County
    Flathead
    State
    Montana
    Longitude
    -114.324843
    Latitude
    48.382242

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    FAQs

    What type of property is this?
    Multifamily property - Prime 2.5-acre lot, multifamily zoning.
    Where is this multifamily property located?
    The property is located at 2041 River Lakes Pkwy Whitefish, MT.
    What is the asking price?
    The asking price for this property is $2,369,000.
    What are key features of this property?
    This property features: 2.5-acre waterfront property in Whitefish, MT.; WR-4/Commercial zoning allows single-family, multifamily, and commercial development.; Stunning views of pond, Big Mountain, and eastern mountains.
    Request Owner's contact information
    2041 River Lakes Pkwy Whitefish, MT 59937
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2041 River Lakes Pkwy Whitefish, MT 59937
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