4781 US Hwy 287
Ennis, MT 59729

ACTIVE
$5,350,000

Listing Courtesy of Bill Mercer, RE/MAX Mountain Property

Listing #405689

3600

Square Feet

Building/Business

Type

About this property

Turn-Key Montana Business!! Rainbow Valley Lodge & Fly Shop a True Montana Icon!! The Lodge and Fly Shop are as striking as the Madison Valley landscape it calls home. This is a rare chance to acquire the well established Rainbow Valley Lodge and Fly Shop on 8.42± acres, perfectly located on the edge of Ennis. With a loyal base of repeat guests and a steady stream of new visitors, this thriving business has become a Montana favorite. The lodge features 24 inviting rooms that include suites, and cozy cabins each with rustic log and knotty pine interiors that create the warm, authentic cabin feel travelers love. Amenities include an welcoming front office, a fully stocked fly shop, heated swimming pool & lounge area, a gathering area a guest laundry room and a commercial laundry room. A onsite 4 bedroom 2 bath residence provides convenience and comfort for an owner or property manager. Guests enjoy easy access to the world-famous Madison River, making it an angler's dream. Families and outdoor enthusiasts also appreciate the proximity to downtown Ennis, nearby Virginia City, Yellowstone National Park and endless recreational opportunities. All personal property and equipment necessary to operate the business transfer with the sale, allowing a seamless transition for the next owner. This great property sits on 2 separate parcels with a new septic system providing potential for expansion. This is your chance to step into a successful hospitality business in one of Montana's most sought-after locations.

property features

Location Information

MLS Area

Madison - Madison Vly

Subdivision

Longitude

-111.711305

Latitude

45.339541

Directions

Approximately 1 mile SE of Ennis

INTERIOR FEATURES

Interior

Square Feet

3600

Bedrooms

Full / Half Baths

/ 0

Heating

Baseboard,Electric,Forced Air,Propane

Half Baths

0

Cooling

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

0

View Description

Exterior

Parking Description

Gravel

Garage Spaces

0

Lot Size in Acres

8

Water

Septic Tank

Zoning

C - Commercial

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1975

Roof/Attic

Property SubType

Building/Business

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2025-09-14 16:01:35 PM MT

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