Lima MT Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
7,316
Status:
Active
MLS#:
30054834
Type:
Other
Year built:
1937
Courtesy: Engel & Völkers - Butte 406-498-5682
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ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License RRE-BRO-LIC-62943, Xome Inc., License RRE-BRO-LIC-62943, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


All information is subject to change, is deemed reliable but is not guaranteed, and should be independently verified. The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 Montana Regional MLS, LLC and FBS. All Rights Reserved.



Lima Real Estate

Lima is located in Montana. Lima, Montana has a population of 224. Lima is less family-centric than the surrounding county with 12.73% of the households containing married families with children. The county average for households married with children is 33.12%.

The median household income in Lima, Montana is $46,364. The median household income for the surrounding county is $51,048 compared to the national median of $69,021. The median age of people living in Lima is 52.4 years.

Lima Weather

The average high temperature in July is 80 degrees, with an average low temperature in January of 6.4 degrees. The average rainfall is approximately 11.8 inches per year, with 54.9 inches of snow per year.

Lima Map

Lima Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    12
    30-day change

Lima Schools and Demographics

Education near Lima, MT

City County
High School Graduates 93.42 94.54
College Degree - 2 year 17.11 9.53
College Degree - 4 year 13.16 33.13
Graduate Degree 2.63 7.13
Expenditures per Student 14,279 14,279
Students per Teacher 15.1 15.1

Elementary Schools near Lima, MT

Grades Students P/T Ratio ZIP
Alder School PK - 08 13 6.5 59710
Grant School PK - 08 6 3 59725
Lima School PK - 06 30 6.6 59739
Parkview School PK - 05 447 16.3 59725
Polaris School PK - 08 2 2 59746
Reichle School PK - 08 17 8.5 59732

Middle Schools near Lima, MT

Grades Students P/T Ratio ZIP
Dillon Middle School 06 - 08 222 14.2 59725
Lima 7-8 07 - 08 7 4.2 59739

High Schools near Lima, MT

Grades Students P/T Ratio ZIP
Beaverhead County High School 09 - 12 343 16 59725
Lima High School 09 - 12 26 6.2 59739

Demographics near Lima, MT

City County
Neighborhood Type Small Town
Population 224 9,391
Population Density 409 2
Median Age 52.4 42.4
People per Household 1.9 2.2
Median Household Income 46,364 51,048
Average Income per Capita 27,372 30,134

Real estate near Lima