Skip to main content Skip to footer

4771 Hwy 20 Island Park

Back to Map
$2,750,000

4771 Hwy 20, Island Park ID 83429

MLS# 2173133

Listing courtesy of Patricia Laritz Bithell, Mountain Life Realty, dba MLR

2.8

Acres

Drift Lodge & Fly Shop – Exceptional Investment Opportunity Located just 17 miles from Yellowstone National Park and minutes from Henry's Lake, this turnkey business and commercial property offers a sought-after location with excellent visibility and consistent visitor traffic. The sale includes all inventory, furnishings, fixtures, and equipment, making it ready for immediate operation. The property features 20 buildings, including 15 lodging units generating steady year-round income, a 2,700 sq. ft. lodge, five storage buildings, and a 784 sq. ft. garage for equipment. Eight RV hook-ups provide housing for employees, with one site prepared for a park model to generate additional revenue. Current operations include lodging, retail sales in the fly shop, and guided fishing services. With ample space and zoning flexibility, this property presents incredible potential for expanding existing services or launching new business ventures. Don't miss this rare opportunity to own a thriving enterprise near Yellowstone National Park!

Property Overview

Status

Active

Property Type

Commercial Sale

Year Built

1975

Construction & Exterior

Construction Materials

Metal Siding, Wood Siding

Roof

Metal

Garage Spaces

Basement

None

Utilities & Systems

Heating

Electric, Propane, Forced Air, Radiant

Cooling

None

Water Source

Well

Sewer

Public Sewer

Financials & HOA

Taxes

$12,081.00 (2024 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: None
County: Fremont
Legal Description: ISLAND PARK ASPEN RIDGE SUB DIV #4 LOT 351 LESS TAX 1154 & S 165' BLK
Parcel Number: RPI0012009351F

Request Showing

© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Mountain Life Realty, dba MLR.