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Scout Real Estate is pleased to present a multi-tenant light industrial asset for sale in
Belgrade, MT. The property is fully leased to tenants encompassing a wide variety of
uses, and is also located in county zoning, creating additional flexibility. Several of the
leases are on one-year terms, providing the opportunity for an owner to occupy their
desired unit when the lease expires, or for an investor to purchase the property at a
significant discount to replacement cost and add value via strategic long-term lease
renewals. The property comprises two buildings totaling 10,235 square feet, of which
1,500 square feet is enclosed cold storage. One of the buildings is set up perfectly for
smaller operations or individuals needing storage space, while the other is geared
towards businesses needing more space and extra power. The property is being offered
at $1,650,000.
#408471

Belgrade

450 High K

None Beds

None Baths

10,235 Sq.Ft.

$1,650,000

MLS#: 408471

Located on 5 acres and just minutes from town, this single-level ranch-style home is ideal for families or anyone seeking a great property and a little extra space. With 4 bedrooms, 2 bathrooms, and a spacious open-concept kitchen and dining area showcasing vaulted pine ceilings, this home is designed for both functionality and comfort. Radiant floor heating throughout ensures cozy warmth during the winter months. The heated garage provides a great workshop with ample storage space along with 2 additional storage sheds in the backyard. Enjoy the mountain views from your deck with plenty of outdoor space for a garden, play area for children, shop, or even a small hobby farm. Experience the peace of country living with the conveniences of town, nearby golf course, and the Boulder River. Don’t miss the opportunity to make this beautiful property your own.
#403651

Big Timber

65 Indian Rings Road

4 Beds

2 Baths

2,304 Sq.Ft.

$600,000

MLS#: 403651

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. There are currently 10 parcels remaining ranging from 72 to 160 acres. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful
amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound. From Parcel 2, the views of Paradise Valley, Chimney Rock, and the southern portions of the Bridger Range are absolutely jaw-dropping and extend for nearly 360°. Parcel 2 is also backed entirely along the southern border by State Land, offering miles of hunting, hiking, and recreational opportunities. Parcel 2 also offers some of the
best hiking in North Pass Ranch from the lot, making this an outdoor enthusiasts dream.
#395415

Bozeman

Ranch 2 North Pass Ranches

None Beds

None Baths

N/A

$6,916,320

MLS#: 395415

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. There are currently 10 parcels remaining ranging from 72 to 160 acres. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound. From Parcel 2, the views of Paradise Valley, Chimney Rock, and the southern portions of the Bridger Range are absolutely jaw dropping and extend for nearly 360°. Parcel 2 is also backed entirely along the southern border by State Land, offering miles of hunting, hiking, and recreational opportunities. Parcel 2 also offers some of the best hiking in North Pass Ranch from the lot, making this an outdoor enthusiasts dream.
#395400

Bozeman

Ranch 2 North Pass Ranches

None Beds

None Baths

144.09 acres

$6,916,320

MLS#: 395400

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. The parcel 4 homesite is build ready with power and well complete, as well as exquisite plans for a 5 bedroom, 6,365 SF retreat from the renowned, NVS Architects. You'll immediately experience top of the world views overlooking Bozeman and the entire valley. The homesite itself is tucked among dense stands of fragrant spruces and enjoys a bubbling spring, drawing wildlife and creating a sense of peaceful seclusion. The parcel's southward slope is a lush mountain meadow over which can be found astonishing mountain views, and the topography lends itself easily to multiple structures like guest homes, arenas, and more. There are currently 11 parcels remaining ranging from 72 to 160 acres within North Pass. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound.
#395407

Bozeman

Ranch 4 North Pass Ranch

None Beds

None Baths

158.79 acres

$6,995,000

MLS#: 395407

Price reduced
Your new home awaits in Ibeyville! This inviting 3 bed, 2 bath, ranch-style home has just over 2,000 sqft between the main level and basement. The main floor features a bright living room with large windows, a wood stove perfect for keeping those chilly winter evenings at bay and utility bills low. The practical layout connects the living room, dining area, kitchen, 3 bedrooms and 1 full bathroom. A dedicated laundry room adds convenience to the design for main floor living. Downstairs, the basement expands your possibilities with two spacious non-conforming rooms, perfect for a home office, gym, guest space, complemented by a 3/4 bathroom for added functionality. Outside, a large, partially fenced backyard provides an ideal space for gardening, barbecues, or simply enjoying a sizable yard. With double gates in the alley access, there's room for additional parking for toys. The attached one-car garage offers convenient storage, workspace, or shelter for your vehicle. Located minutes from Dillon's amenities, this move-in-ready home blends comfort, convenience, and potential.
#405826

Dillon

9 Skihi Street

3 Beds

1 Baths

2,080 Sq.Ft.

$322,000

MLS#: 405826

Excellent opportunity to own a well-located commercial building in one of Bozeman’s growing areas! Built in 2013, this 1,641± sq ft building sits on a corner lot with great visibility and easy access along a well-traveled street. Currently operating as a restaurant, the space features indoor dining, areas for outdoor seating, and plenty of parking for customers and staff alike. Most of the FF&E conveys with the sale. The property is zoned B2, offering flexibility for a variety of commercial uses and allowing room for expansion on the lot. Located in an area surrounded by established and growing neighborhoods — where people are always looking for a great place to eat — this is an ideal location for your next business venture or investment.
#406486

Bozeman

3709 Baxter

None Beds

None Baths

1,641 Sq.Ft.

$1,100,000

MLS#: 406486

Historic building, reputable uptown business, and a large parking lot! At almost 9000 square feet with a 0.567 acre lot, this versatile property is waiting for a new purpose, or for a new owner to continue the existing pawn shop business that is already there. Built in 1899, Butte's Fire Station #2 housed the assistant fire chief and a 10-man crew from 1899 to 1931, serving Butte's warehouse district. From 1931 to 1987, the property was operated as a VFW Hall/Bar for the Auxiliary of the Veterans of Foreign Wars in Butte, holding many events for veterans as well as American Legion boxing events in the basement. In 1991, the former dance hall and bar was converted to a pawn shop, which the current owners have operated since 2000. All pawn shop inventory is available. The business buys, pawns, and sells items of all kinds. Guns, gold, electronics, and items ranging from cheap to expensive & rare are sold at this local Uptown business. Very close proximity to Butte High School, downtown Butte, and a large housing complex. Upstairs features a floating dance floor, an original bar from the VFW, and a kitchen/concessions room. Additionally to the 1899 building and parking lot, this property is also being sold with 207 Curtis, a small home on the side of the parking lot. Built in 1920, 207 Curtis is one of the few surviving Cabbage Patch shacks from the notorious Cabbage Patch slums of Butte; which were mostly demolished in 1940. This property has a long running history in Butte since 1899. It can be purchased along with the pawn shop business, or can be purchased to create in new business in a great location!
#408562

Butte

202 S Arizona Street

None Beds

None Baths

0.567 acres

$1,450,000

MLS#: 408562

Build your Montana dream on this level 0.389-acre lot in Hebgen Lake Estates, positioned between Hebgen Lake's legendary fishing waters and Yellowstone's west entrance. This ready-to-build parcel offers sweeping views and captures authentic Southwest Montana living where wildlife roam and world-class recreation is at your doorstep. Electric service is available nearby, with public water and sewer serving the subdivision. The HOA maintains year-round road access with snow removal included in the $75 annual dues. Flanked by the Madison Arm and Grayling Arm of Hebgen Lake, you're minutes from the world-famous Madison River—one of Montana's most celebrated blue-ribbon trout fisheries—and less than 15 minutes to West Yellowstone's amenities and the park entrance.

Whether you're planning a vacation cabin near Yellowstone, a retirement retreat steps from trophy trout water, or a year-round residence with unlimited snowmobiling access, this lot delivers. The flat topography makes construction straightforward, while protective covenants preserve the residential character and your investment value. The subdivision maintains a peaceful community atmosphere and does not permit short-term vacation rentals. Winter brings hundreds of miles of groomed snowmobile trails, while summer offers world-class fishing at every turn. This is your opportunity to own in one of the most spectacular corners of the Northern Rockies where authentic Montana living meets unmatched outdoor adventure.
#408404

West Yellowstone

TBD Moose Drive

None Beds

None Baths

0.389 acres

$109,000

MLS#: 408404

Build your Montana dream in the heart of Ennis. This affordable bare lot is located in a mixed single- and multi-family development with full town services, making it an ideal opportunity for a first home, investment property, spec build, or low-maintenance retirement home. Enjoy the convenience of being close to the school, hospital, grocery store, and downtown Ennis, all while having room to create a space that fits your vision. Ennis is known for its small-town charm, welcoming community, and unbeatable access to outdoor recreation. World-class fly fishing on the Madison River, hiking, hunting, skiing, and endless public lands are right at your doorstep. Just over an hour to Bozeman and Yellowstone International Airport, and a short drive to West Yellowstone, this location offers the perfect balance of peaceful living and easy access to regional amenities. Whether you’re looking to build now or hold for the future, this lot offers flexibility, value, and a prime location in one of southwest Montana’s most desirable communities.
#408239

Ennis

Lot 3 Blk 10 North 40 Subdivision

None Beds

None Baths

0.1575 acres

$115,000

MLS#: 408239

One&Only Moonlight Basin Private Home #50 offers a refined mountain sanctuary defined by architectural excellence and immersive natural beauty. Designed by Olson Kundig, the home reflects a deep respect for its alpine setting through thoughtful materials, orientation, and form.

With approximately 5,676 square feet of living space, this six-bedroom residence features expansive interiors bathed in natural light, complemented by warm textures and elevated finishes. Floor-to-ceiling windows frame sweeping views of the surrounding peaks, creating a constant connection to the landscape.

The home’s open layout flows seamlessly to outdoor terraces and gathering spaces, ideal for entertaining or enjoying moments of solitude beneath Montana’s vast skies. Every detail is designed to support both everyday comfort and elevated living.

Located within the exclusive One&Only Moonlight Basin enclave, this residence offers access to a world of curated amenities, adventure, and personalized service.
#407786

Big Sky

#50 One&Only Private Home

6 Beds

6 Baths

5,677 Sq.Ft.

$18,500,000

MLS#: 407786

Your search ends here! Whether you are looking for a tranquil retreat or the ultimate MSU home base, this freshly painted, 2-bedroom, 1.5-bathroom delivers. Maximizing on the perfect blend of comfort and accessibility, this ground-level end unit offers the unique convenience of a private patio with direct entry—perfect for groceries or to welcome guests without navigating common hallways. Inside, discover a well designed open-concept living space featuring a cozy fireplace with built-in shelving. The kitchen boasts a breakfast bar for easing hosting and there’s plenty of room for a charming dining set up. The floor plan is thoughtfully arranged for privacy and flow, featuring a guest-friendly powder room off the main living area, two well-sized bedrooms, and a full primary bath. Just steps away, your private one-car garage provides not only secure parking but a dedicated storage solution for all your Montana seasonal gear. The prime location speaks for itself: directly across from the scenic Bozeman Pond, offering instant access to outdoor recreation while remaining minutes from the MSU campus and the vibrant shops, restaurants, and grocery stores of downtown. This condo provides the perfect blend of proximity, privacy, and practicality. Seller is offering $5,000 credit towards Buyer's closing costs, pre-paids or rate buydown! Please note the unit was repainted with the EXCEPTION of the turquoise bedroom. PLEASE NOTE UNIT MUST BE OWNER OCCUPIED DUE TO CURRENT RATIOS. Please note: some photos have been virtually staged.
#407820

Bozeman

3401 Fallon Street 1D

2 Beds

1 Baths

936 Sq.Ft.

$330,000

MLS#: 407820

Modern, design-forward, and built to flex with real life, this 2022 home in Flanders Mill pairs a spacious main residence with a highly desirable, income-producing ADU. Inside, soaring 18-foot ceilings and a dramatic tile floor-to-ceiling fireplace anchor the open living space. The kitchen is equal parts sharp and functional with Bellmont 1600 cabinetry, quartz countertops, and upgraded stainless appliances with a statement hood, flowing seamlessly into the dining and living areas. The main-level primary suite is a true retreat with a large tile shower featuring dual shower heads, dual vanities, and an oversized walk-in closet. Upstairs, a custom iron railing overlooks the great room and leads to three additional bedrooms, including a junior ensuite, plus two full baths and a versatile flex space ideal for work, play, or guests.

Outside, enjoy a beautifully landscaped, irrigated, and fully fenced yard, plus a detached 3-car garage. The separate 1-bedroom, 1-bath ADU (approx. 637 sq ft) adds major flexibility and has been operating as a successful short-term rental generating several thousand dollars per month. Recent updates in the primary home include new upstairs carpet (Nov 2024), updated dining and bar lighting plus a living room fan (Jan 2025), custom floating shelves (July 2025), and fresh limewash in the primary suite with additional interior paint updates (Aug 2025). The ADU has also been refreshed with a wallpaper design (Feb 2025). Finished with engineered oak flooring in the primary home, sleek black fixtures, Andersen windows, and central A/C in both the home and ADU, this property is also close to community parks, trails, sidewalks, and a playground in one of Bozeman’s most convenient neighborhoods.
#407943

Bozeman

4133 Annie Street

4 Beds

3 Baths

3,123 Sq.Ft.

$1,450,000

MLS#: 407943

LOCATION, VIEWS AND PRIVATE WELL!  One of the last vacant lots in the highly desireable Fort Ellis Leisure Community is now available for your Montana home plans.  Drink in the mountain views in all directions from this 1.04 Acre lot, with paved roads, walking path across the front of the lot, reasonable HOA dues ($300/year) and private well already drilled and capped. Easy access to Bozeman Health Deaconess Regional Medical Center, Town & Country for groceries, Montana State University or hop on I-90 west to Bozeman Yellowstone International Airport. Drive by or walk the lot today while formulating your plans to build your dearm home in this well established, lovely neighborhood.
#408440

Bozeman

TBD Golden Trout Way

None Beds

None Baths

1.04 acres

$568,000

MLS#: 408440

20.33 acres with top of the world views! This 20 acre parcel is located west of Livingston in the Stafford subdivision. The layout of this lot allows for multiple build sites for your future home or cabin. This south end of the lot and primary build location are 4WD accessible in the winter. Power is nearby on Sunflower Lane and is closest to the primary build location (South portion of lot). This lot also expands upslope to the North with Sunflower Lane crossing the upper portion of the lot, where there is also a potential build site for a cabin (North portion of lot). This parcel has a ton of potential and a plethora of options for you to enjoy it. Located 15 minutes west of Livingston, 20 minutes east of Bozeman, and 32 minutes from Bridger Bowl Ski Area.
#408560

Livingston

Lot 9 Sunflower Lane

None Beds

None Baths

20.33 acres

$409,000

MLS#: 408560

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