37079 Mt Highway 35, Polson, MT 59860
Exceptional opportunity to acquire a unique 12.07-acre mixed-use property situated on the southeast shore of Flathead Lake in Polson, Montana. This property, formerly known as "Lake House," boasts a substantial 5100+ square foot main house with a versatile layout ideal for various uses, including a hotel or Airbnb. The house features a master suite with a sauna and soaking tub, a large living room, kitchen, multiple bedrooms and bathrooms, and an expansive entertainment area with a bar, previously used commercially. A 3500 square foot multi-level deck and separate tiki bar enhance the entertainment potential. The property is divided into two parcels; a 9.47-acre parcel west of Highway 35 includes the house, a diverse orchard (planted with grapes, blueberries, blackberries, and various fruit trees), an open meadow, and wetlands. The 2.6-acre east parcel, partially forested, offers panoramic lake views and space for additional structures like guest cabins or RV spots. Built in 1950, this property offers significant commercial potential, leveraging its location, size, and existing infrastructure. The property's proximity to Polson (four miles), Glacier National Park, Whitefish, and Kalispell provides easy access to recreational activities and amenities. The owner may consider financing options below current market averages. This property presents a rare opportunity for investors, entrepreneurs, and those seeking a unique lakefront estate with significant upside. Financial information is available upon request with a signed NDA.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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