# 5200 Elk Lake Road, Lima, MT 59739 > **TL;DR:** commercial, $1,750,000 ($239/sqft), built 1937, 7,316 sqft. Est. $9,359/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,750,000 | | Price/sqft | $239 | | Square Feet | 7,316 | | Year Built | 1937 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,849 | | Estimated Insurance | $510 | | **Total** | **$9,359** | ## Property Highlights - Built in 1937 ## Description ### Agent Description 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 you've been waiting for the right moment to step into a meaningful, Montana-based venture with history and heart-this is it. ## Location - **Address:** 5200 Elk Lake Road, Lima, MT 59739 - **County:** Beaverhead - **Coordinates:** 44.672025, -111.631724 - **Google Maps:** https://www.google.com/maps?q=44.672025,-111.631724 ## Listing Agent - **Name:** Riley Ogden - **Brokerage:** Engel & Volkers Butte - **Broker Phone:** 4065654935 ## Photos ![5200 Elk Lake Road - Photo 1](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f910287012r.jpg) ![5200 Elk Lake Road - Photo 2](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1400480262r.jpg) ![5200 Elk Lake Road - Photo 3](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f158260722r.jpg) ![5200 Elk Lake Road - Photo 4](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2254288308r.jpg) ![5200 Elk Lake Road - Photo 5](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2753325083r.jpg) ![5200 Elk Lake Road - Photo 6](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3444578730r.jpg) ![5200 Elk Lake Road - Photo 7](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1034204779r.jpg) ![5200 Elk Lake Road - Photo 8](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1730721450r.jpg) ![5200 Elk Lake Road - Photo 9](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2690029586r.jpg) ![5200 Elk Lake Road - Photo 10](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2316565115r.jpg) ![5200 Elk Lake Road - Photo 11](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3388616445r.jpg) ![5200 Elk Lake Road - Photo 12](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2994139151r.jpg) ![5200 Elk Lake Road - Photo 13](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f971330622r.jpg) ![5200 Elk Lake Road - Photo 14](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3862937205r.jpg) ![5200 Elk Lake Road - Photo 15](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1599717122r.jpg) ![5200 Elk Lake Road - Photo 16](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f642252954r.jpg) ![5200 Elk Lake Road - Photo 17](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3063955956r.jpg) ![5200 Elk Lake Road - Photo 18](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f4198110337r.jpg) ![5200 Elk Lake Road - Photo 19](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1695328125r.jpg) ![5200 Elk Lake Road - Photo 20](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2553558504r.jpg) ![5200 Elk Lake Road - Photo 21](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2419147966r.jpg) ![5200 Elk Lake Road - Photo 22](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1926408878r.jpg) ![5200 Elk Lake Road - Photo 23](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2111937425r.jpg) ![5200 Elk Lake Road - Photo 24](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f36250318r.jpg) ![5200 Elk Lake Road - Photo 25](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2414777398r.jpg) ![5200 Elk Lake Road - Photo 26](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3013196754r.jpg) ![5200 Elk Lake Road - Photo 27](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2940151984r.jpg) ![5200 Elk Lake Road - Photo 28](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2099260938r.jpg) ![5200 Elk Lake Road - Photo 29](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f546867560r.jpg) ![5200 Elk Lake Road - Photo 30](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f622862235r.jpg) ![5200 Elk Lake Road - Photo 31](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1279947095r.jpg) ![5200 Elk Lake Road - Photo 32](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f172974904r.jpg) ![5200 Elk Lake Road - Photo 33](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f839758749r.jpg) ![5200 Elk Lake Road - Photo 34](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2814036733r.jpg) ![5200 Elk Lake Road - Photo 35](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3573374723r.jpg) ![5200 Elk Lake Road - Photo 36](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1010184645r.jpg) ![5200 Elk Lake Road - Photo 37](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2540664738r.jpg) ![5200 Elk Lake Road - Photo 38](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3102523269r.jpg) ![5200 Elk Lake Road - Photo 39](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3328156450r.jpg) ![5200 Elk Lake Road - Photo 40](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3492030184r.jpg) ![5200 Elk Lake Road - Photo 41](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1051318843r.jpg) ![5200 Elk Lake Road - Photo 42](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1315435858r.jpg) ![5200 Elk Lake Road - Photo 43](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f447116414r.jpg) ![5200 Elk Lake Road - Photo 44](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3580777705r.jpg) ![5200 Elk Lake Road - Photo 45](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f985248492r.jpg) ![5200 Elk Lake Road - Photo 46](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3104749553r.jpg) ![5200 Elk Lake Road - Photo 47](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2632525220r.jpg) ![5200 Elk Lake Road - Photo 48](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f2519626758r.jpg) ![5200 Elk Lake Road - Photo 49](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f1045354525r.jpg) ![5200 Elk Lake Road - Photo 50](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3401512696r.jpg) ![5200 Elk Lake Road - Photo 51](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f318093947r.jpg) ![5200 Elk Lake Road - Photo 52](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f4106268592r.jpg) ![5200 Elk Lake Road - Photo 53](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f4107404222r.jpg) ![5200 Elk Lake Road - Photo 54](http://lh.rdcpix.com/fa64d00ec710fcba00ab70dc90c33bd2l-f3611877126r.jpg) --- **MLS#:** 403116 | **Updated:** 2026-10-10 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/5200-elk-lake-road-lima-mt-59739-v403116) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5200-elk-lake-road-lima-mt-59739-v403116#listing", "url": "https://www.propertysimple.ai/listing/5200-elk-lake-road-lima-mt-59739-v403116", "name": "5200 Elk Lake Road, Lima, MT 59739", "description": "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. 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