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Homes for sale · Island Park

Price improvedMLS 2173133

4771 Hwy 20

Island Park, ID 83429

Just improved

$2,750,000

Was $3,295,000

4771 Hwy 20 photo 11 / 92

Price improved

$2,750,000

Reduced $545,000 from $3,295,000

Listed from $3,295,000

Beds
Baths
Sqft
On market
559 days
Year
1975
Lot
2.80 ac
Type
Commercial Sale

Listed by Patricia Laritz Bithell · Mountain Life Realty, dba MLR

About this home

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

Open virtual tour

Estimated payment

$16,561/mo

20% down · 6.75% · 30 yr · taxes & insurance included

Principal & interest
$14,269
Est. property tax
$1,650
Est. insurance
$642

Local estimate, not a lender quote. Idaho Falls / Rexburg tax millage varies by parcel — we’ll run exact numbers on tour.

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Showing desk for Archibald-Bagley Real Estate

Archibald-Bagley Real Estate — real estate in Eastern Idaho. Contact Kipp Archibald at (208) 745-5911. Office 527 Rigby Town Square, Rigby, ID. Website https://archibald-bagley.vercel.app/.