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Yukon Resort For Sale — Alaska Highway, Watson Lake
The Alaska Highway carries a specific kind of buyer traffic that most hospitality markets in Canada cannot replicate. Every summer, tens of thousands of travellers — RV convoys, motorcyclists, adventure tourists, and Alaska-bound families — drive the highway in both directions, and Mile 650 sits squarely in that flow just outside Watson Lake. This multi-parcel resort has been built to capture that traffic across three revenue categories: cabin guests, camp-room guests, and restaurant patrons. The infrastructure is substantial, commercially zoned, and actively maintained. The sellers are retiring and are selling land, buildings, and improvements — not a going-concern income stream — which is a meaningful pricing consideration for any buyer running a discounted cash flow analysis.
The property is available as three separate parcels or in combination. Property #1 is the 5-acre main resort parcel with the 11 four-star ensuite cabins, commercial kitchen, restaurant, Norwegian scribe log building with hot tub, and the full complement of camp rooms and support structures. Property #2 is the adjacent 7-acre parcel. Property #3 is a 20-acre RV park parcel — a distinct revenue stream well-suited to the Alaska Highway traveller profile. Each parcel has its own information package available for download below. Serious buyers should request all three before making assumptions about the combined footprint.
Watson Lake sits at the junction of the Alaska Highway and the Robert Campbell Highway in southeastern Yukon — one of the most geographically significant waypoints on the entire Alaska Highway corridor. The town of roughly 800 residents is a services hub for a large surrounding region, and the highway itself funnels a consistent summer tourism flow between Whitehorse and the BC border. Mile 650 puts this resort just far enough from Watson Lake (approximately 20 minutes) to offer the self-sufficient rural character that Alaska Highway travellers are specifically seeking, while remaining close enough to town for resupply and services.
The surrounding landscape supports hiking, biking, snowmobiling, and fishing at numerous lakes accessible from the property. Yukon's reputation as a wilderness destination has strengthened considerably in recent years, and Watson Lake's proximity to the Liard River Hot Springs and the Sign Post Forest — two of the most visited Alaska Highway attractions — means drive-by exposure is a structural feature of this location, not a marketing assumption.
The 11 four-star ensuite cabins are the core guest accommodation product. Each cabin includes a full private bathroom, private deck, satellite TV, and fibre optic internet — a utility combination that is genuinely uncommon at this level of remoteness and that justifies a rate premium relative to comparable Yukon roadside properties. Cabins were built in phases from 1997 through 2021, with the more recent units reflecting current guest expectations. Heating systems are redundant across most cabins — propane primary with electric backup, or hot-water radiant — which matters operationally in a Yukon climate. Two additional rustic cabins are near completion and designed to accommodate mini kitchens and private bathrooms, providing immediate inventory expansion for a new operator.
The restaurant and commercial kitchen are a standalone revenue centre. The building was started in 1995 and finished in 2017, and the layout reflects the operational reality of a highway-facing hospitality business: 100-seat commercial kitchen with seating in the front, separate dining room with separate bathrooms, and a 30×25-foot outdoor deck with its own bathroom facilities for summer service. The building also functions as a residence, with full shower and bathroom suite — practical for an owner-operator model. A full basement under the dining room provides storage and office space. Propane heat throughout.
The 1,200 sq ft Norwegian scribe log building was hand-built locally in 1987 and is currently used as a gift shop, though its structure would permit conversion back to residential use. It houses the hot tub and functions as a premium guest amenity space. For a buyer interested in repositioning this asset — as a spa building, an owner's residence, or a high-end guest lounge — the structure's craftsmanship and character are real differentiators from prefabricated alternatives.
The property is located at Mile 650 on the Alaska Highway, approximately 20 minutes from Watson Lake, Yukon. Year-round highway access. Watson Lake Airport serves the region with scheduled and charter service.
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The Frontier Report · Monthly Newsletter
5 minutes a month.
Lodge & Resort Market Intelligence.
New listings as they hit the market. Cap rate trends, transaction data, and operations intelligence for current owners. The kind of market analysis I normally keep for appraisal clients — delivered free to buyers, sellers, and operators who take this market seriously.
Subscribe — It's Free


