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Improved Commercial Land for Sale in Island Park, Idaho

4771 Highway 20, Island Park, ID 83429

$3,295,000
2.8 acres
Active
ago
Est $17,151/mo

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!

9,000
Sq feet
1975
Built

Location

Street address
4771 Highway 20
Elevation
6,480 feet
Coordinates
44.571, -111.3385

Property details

Acreage
2.8 acres
MLS #
SNRMLS 2173133
Posted

Property taxes

2024
$12,081 - ISLAND PARK ASPEN RIDGE SUB DIV #4 LOT 351 LESS TAX 1154 & S 165' BLK

Parcels

  • RPI0012009351F

Legal description

Details and features

Listing

Type
Commercial Sale
Zoning
Not Verified Ip-Commercial, Specific Zoning General Zoning

Structure

Water
Well
Sewer
Public Sewer
Heating
Electric, Forced Air, Propane, Radiant
Materials
Metal Siding, Wood Siding
Roof
Metal

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Jan 12, 2026New listing$3,295,000SNRMLS
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This 2.8-acre property is located at 4771 Highway 20 in Island Park, ID 83429. The property is available for sale for $3,295,000. It has a 9,000 sq ft structure built in 1975.

Checked 3 hours ago — Updated

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Copyright (C) 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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