Lima Real Estate

Lima Real Estate

Lima, a charming town nestled in Beaverhead County, Montana, offers a unique blend of natural beauty and small-town charm. Situated in the heart of the Rocky Mountains, Lima is surrounded by breathtaking landscapes, making it an ideal destination for nature enthusiasts and outdoor adventurers.

With its close proximity to the Beaverhead-Deerlodge National Forest, residents of Lima have easy access to a vast wilderness area that offers endless opportunities for hiking, camping, fishing, and wildlife viewing. The nearby Big Hole River, known for its world-class fly fishing, attracts anglers from all over the country, seeking to catch trout in its pristine waters.

Despite its small size, Lima has a strong sense of community and a rich history. The town is home to several historic buildings, including the Lima Schoolhouse, which was built in 1918 and now serves as a community center. The annual Lima Sheep Drive, a tradition dating back to the early 1900s, brings locals and visitors together to celebrate the town's ranching heritage.

Lima offers a peaceful and tranquil lifestyle, away from the hustle and bustle of city life. The town's low crime rate, affordable housing options, and friendly neighbors make it an attractive place to call home. Whether you're looking for a place to retire or raise a family, Lima provides a welcoming and safe environment.

In conclusion, Lima, Montana, is a hidden gem in Beaverhead County, offering stunning natural landscapes, outdoor recreational opportunities, and a tight-knit community. If you're seeking a peaceful and idyllic place to live, Lima should definitely be on your radar.

Newest Listings in Lima

$995,000
411369 MLS
Escape to your own private slice of Southwest Montana with this rare 30-acre retreat tucked beneath the breathtaking Lima Peaks. Surrounded on three sides by U.S. Forest Service land, the property offers unparalleled access to thousands of acres of pristine wilderness—perfect for hunting, horseback riding, hiking, and year-round outdoor recreation. Rich in Montana character, the property features a rustic one-room homestead cabin, a classic log barn, and horse corrals, creating an ideal setting for a recreational getaway, hunting basecamp, or future homestead. Natural water amenities include the seasonal Middle Fork of Little Sheep Creek and two developed springs, adding both scenic beauty and practical value. Adventure begins right outside your door, with the nearby Middle Fork Trailhead providing access to some of Montana’s premier hiking, hunting, and riding country. For many years, the property served as the base for a successful outfitting business and packing school, highlighting its exceptional location and usability for backcountry recreation. The area is steeped in history and natural heritage, with ancient Shoshone-Bannock petroglyphs nearby and a homestead entry survey dating back to 1917. Seasonal public access restrictions from December 15 through May 15 help preserve critical elk habitat and contribute to the property’s remarkable privacy and seclusion. Conveniently located near the rural community of Lima, Montana, the property is just one hour from Dillon and approximately 90 minutes from the Idaho Falls airport. Whether you’re searching for a secluded mountain retreat, an equestrian property, a hunting haven, or the ideal place to build your Montana dream, this one-of-a-kind acreage offers a rare opportunity to own an authentic piece of the West. Call today for more information or to schedule a private showing.

1855 Middle Fork Little Sheep Creek Road, Lima

$249,000
3 Beds 2 Baths 409833 MLS
Large 4 lot parcel with over 1/2 acre in Lima, MT. 1998 Manufactured home has been well loved and very well cared for. Enclosed porches on both the front and back of the home almost doubling the square foot under roof providing many options from relaxation, hobbies, storage and more. There is plenty of storage inside and out with a greenhouse, a utility shed and garage/shop. This property offers income potential with hook-ups for 3 RV'S or just utilize for your family and friends. This property was once a showplace and could be again with just a little TLC. Home has 3 bedrooms and 2 baths. If you are looking for a smaller parcel, this spacious lot may be split into two smaller homesites. The city water supply comes from a wonderful spring less than a mile from town. Lima is a small friendly, quiet town where folks are neighborly and watch out for each other. There is a K-12 school, several churches and one of the best steak houses in Montana. Major shopping is usually in Dillon, Idaho Falls, Butte or Bozeman. With beautiful mountain views, this area is renown for outdoor recreation including hunting, fishing, biking, hiking, or scenic drives. Lima is officially a " Continental Divide Trail Gateway Community." Sum it up by saying, this property is the best bang for your buck. It has 2 city water connection and consists of 4 city lots that can be divided, has 3 RV hook-ups for income or family and friends, a well maintained home with large enclosed porches on both the front and back plus a beautiful yard with lots of trees and perennials. Additional highlights include the public use airport in less than 10 miles away in Dell, MT, great fishing and hunting nearby, along with hiking, biking and snowmobiling to name a few. Within blocks of one of the best steakhouses in the state. There is a critical access hospital within 60 miles. Lima is such a friendly and accepting town and it is easy to get to good shopping on I 15, both north and south.

514 N Harrison Street, Lima

$1,750,000
403116 MLS
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.

5200 Elk Lake Road, Lima

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