Build your legacy family compound or dream home on the world renowned Madison River! With nearly 700 ft of river frontage on 3.5 acres. This property currently zoned commercial, has a 4000 sq. foot traditional log lodge. The nine RV sites are grandfathered in on the bank of the river. Keep the RV sites or replace them with cabins, home/s, and/or condos with breathtaking views and/or add a restaurant, fly shop, etc. to this recreational destination! Sellers hold septic permit to accommodate 35+ units. Enjoy easy access to Ennis and West Yellowstone, both just 30 minutes away. World class hunting, boating, and other forms of recreation are minutes out the front door.