An Established Montana Hot Springs Resort with Significant Development Potential Sleeping Buffalo Hot Springs & Resort presents a rare opportunity to acquire an established, income-producing destination resort together with nearly 100 acres of real estate and significant potential for future development. Located along Montana's Highway 2 corridor between Malta and Saco, Sleeping Buffalo has welcomed generations of visitors to its naturally heated mineral waters. Extensive investment and improvements over the past decade have transformed the historic property into a year-round hospitality destination with multiple established revenue streams. The recent addition of approximately 64 adjoining acres, formerly operated as the Horizon Hills Golf Course, creates an entirely new opportunity for the next owner. A preliminary development concept prepared by the sellers illustrates the potential for 50 or more residential lots, with existing roadway access and multiple water sources already in place. Investment Highlights • Nearly 100 Acres – Established resort property combined with approximately 64 adjoining acres offering substantial room for expansion and development. • 50+ Lot Development Potential – A preliminary concept prepared by the sellers illustrates the potential for 50 or more residential homesites on the former golf course acreage. • Established Income-Producing Resort – A year-round hot springs and hospitality operation with multiple revenue sources already in place. • Natural Geothermal Resource – A 3,200-foot artesian well supplies naturally heated mineral water at approximately 106–108 degrees to the resort's non-chlorinated, flow-through pool system. • Extensively Improved Hot Springs Complex – Includes a 60' x 80' indoor mineral pool, hot soaking pool, cold plunge, sauna, conference space, and a newly completed 128' x 60' outdoor pool with outdoor hot tub and lounging areas. • Multiple Lodging Revenue Streams – Five restored guest cabins, three hotel-style guest rooms, and a 31-site RV park with full-service hookups. • Restaurant & Bar Operations – 54 Prime Steakhouse and the Buffalo Saloon provide established food and beverage operations within the resort. • Turnkey Offering – Sale includes the real estate, established business operations, FF&E, inventory, and licenses. • Management Continuity Available – Current management has expressed a willingness to remain following a sale, subject to mutually acceptable terms. • Additional Improvements – Approximately 5,388-square-foot owner's residence, 1,200-square-foot manager's residence, 30' x 96' greenhouse, 100' x 50' shop, and extensive supporting infrastructure. • Exceptional Recreational Location – Directly across from 4,100-acre Nelson Reservoir, with fishing, boating, hunting, wildlife viewing, and year-round outdoor recreation nearby. A Property Positioned for Both Current Income and Future Growth Sleeping Buffalo offers a combination rarely available in a single acquisition: an established hospitality business, a natural geothermal resource, substantial existing improvements, multiple income-producing operations, and adjoining acreage with meaningful development potential. A buyer may choose to continue operating and growing the existing destination, pursue development of the additional acreage, introduce complementary lodging or wellness uses, or create a long-term vision combining several of these opportunities. Financial and operating information is available to qualified prospective buyers upon execution of a confidentiality/non-disclosure agreement. The preliminary development concept is conceptual only; buyers should independently verify zoning, subdivision requirements, utilities, water availability, permitted uses, and development feasibility.