Mountain Resort Lodge and
For Sale
$19,900,000
97 Elk Walk Rd, Montrose, CO 81403
Full-service lodge with commercial kitchen and 40 on-site lodging units, plus event facilities and extensive recreation amenities.
Property SizeContact for details
Lot Size226.00 Acres
Days on Market179
Property Features for 97 Elk Walk Rd
General Information
Standard status
Active
Lot size
226.00 Acres
Property subtype
Land
Additional Details
Business Included
Yes
Listing Agency:
M4 Ranch Group, LLC
(970) 944-4444
Listed By:
Seth Craft
(970) 787-0864
Source:
Exprealty
Added: Mar 11
Changed: Sep 4
Last Checked: Sep 5 at 1:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M4 Ranch Group, LLC
Investment Insights
Based on property information with market context.
Elk Mountain Resort is a private mountain hospitality property offering 19 three-bedroom cabins and 21 lodge rooms for group retreats, events, and destination stays. At the center of the resort, a full-service lodge includes a commercial kitchen, restaurant space, dining room, lounge areas, and a grand ballroom designed for weddings and conferences, along with a restaurant and lounge configuration to support group gatherings. The property also features a wedding chapel and a tasting room carved from a historic mine shaft.
Recreation amenities include a private lake, shooting range, tennis courts, rock climbing wall, horse barn, volleyball court, gym, sauna, and childcare facilities. On-site operational infrastructure supports the property’s remote setting, including a Wagner CAT generator, waste treatment system, diesel fire pump, helicopter landing area, and a maintenance shop. The acreage is approximately 226± deeded acres, surrounded by public lands of the Uncompahgre, Grand Mesa, and Gunnison National Forests.
The resort is positioned in Colorado’s San Juan Mountain recreation corridor, approximately 22± miles from Montrose and 35± miles from Telluride.
Recreation amenities include a private lake, shooting range, tennis courts, rock climbing wall, horse barn, volleyball court, gym, sauna, and childcare facilities. On-site operational infrastructure supports the property’s remote setting, including a Wagner CAT generator, waste treatment system, diesel fire pump, helicopter landing area, and a maintenance shop. The acreage is approximately 226± deeded acres, surrounded by public lands of the Uncompahgre, Grand Mesa, and Gunnison National Forests.
The resort is positioned in Colorado’s San Juan Mountain recreation corridor, approximately 22± miles from Montrose and 35± miles from Telluride.
Key Highlights
- Nearly 226± deeded acres in the San Juan Mountain recreation corridor, bordered by Uncompahgre, Grand Mesa, and Gunnison National Forest lands.
- Guest lodging includes 19 three‑bedroom cabins (two‑bath) and 21 lodge rooms, for 40 total on‑site lodging units.
- Full‑service lodge with commercial kitchen, restaurant, dining room, lounge areas, and a grand ballroom plus wedding chapel for events and retreats.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 81403, CO
11,987
Population
5,355
Households
2.2
Avg Household Size
49
Median Age
35%
College-Educated
93%
High-School Grad
505.7 sq mi
ZIP Area
24
Density / Sq Mi
$73,636
Median Household Income
$40,789
Median Earnings
$1,335
Median Rent
$481,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Full-service lodge with commercial kitchen and 40 on-site lodging units, plus event facilities and extensive recreation amenities.
Where is this resort located?
The property is located at 97 Elk Walk Rd Montrose, CO.
What is the asking price?
The asking price for this property is $19,900,000.
What are key features of this property?
This property features: Nearly 226± deeded acres in the San Juan Mountain recreation corridor, bordered by Uncompahgre, Grand Mesa, and Gunnison National Forest lands.; Guest lodging includes 19 three‑bedroom cabins (two‑bath) and 21 lodge rooms, for 40 total on‑site lodging units.; Full‑service lodge with commercial kitchen, restaurant, dining room, lounge areas, and a grand ballroom plus wedding chapel for events and retreats.
