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Now priced at an 8.36% cap rate, The Aspen is a dynamic lodging property situated on 3 city lots and is located just minutes from wildly popular Yellowstone National Park. Nestled in the heart of West Yellowstone, Montana, this thriving property is steps away from restaurants, shopping, and most importantly, the park’s West entrance. With 4 million visitors to Yellowstone National Park each year, The Aspen presents a unique investment opportunity for new or experienced hospitality entrepreneurs. This newer construction lodging property, built between 2005 and 2012, gives guests a comfortable home-like environment from which to explore all the area has to offer. Many updates have taken place over the past 24 months including carpets, curtains, lobby, and wifi. Accommodations range in size from single king motel rooms to 1,200 - 2,200 square foot condos and the property also features difficult to find employee housing for up to 13 employees.
#391749

West Yellowstone

229 N Hayden Street

None Beds

None Baths

19,404 Sq.Ft.

$6,300,000

MLS#: 391749

Price reduced
Welcome to the incredible Inspiration Point neighborhood that boasts the best views in Big Sky. Residence 9C is a ‘cool’ interior finish package—a contemporary mountain oasis that invites you to reconnect with nature. Situated in the exclusive Spanish Peaks Mountain Club, this exceptional home offers stunning views of Lone Mountain and the Spanish Peaks. This residence is a 5 bed, 6 bath, 4,146+/- sq. ft modern mountain retreat that seamlessly blends comfort and serenity. Boasting vaulted ceilings and a covered balcony and patio, an open concept kitchen with high-end appliances, walk-in closet off the primary bedroom, wet bar on the lower level, hot tub, and large flex room suited to let your imagination run with possibilities, this residence is one you’ll want to visit. As a member within the Spanish Peaks community, you will enjoy unparalleled amenities, including alpine and Nordic skiing, snowshoeing, golfing, mountain biking, hiking, horseback riding, fly fishing, guided tours of the Greater Yellowstone area, spa treatments, fine dining, and more—providing endless opportunities for adventure. After an exhilarating day, relax in the member Clubhouse or at Montage Big Sky, or unwind by the wood burning fire or hot tub in your home. Nestled adjacent to the new 10-hole Par 3 course, Tom’s 10, and the vast Spanish Peaks Mountain Club trail system, Residence 9C is a prime location for all recreation. Dive into scenic flow trails designed for thrilling mountain biking or explore hiking paths that take you to the serene Fish Camp or the stunning Inspiration Point Lookout Pavilion. Experience the perfect blend of luxury and outdoor adventure at Inspiration Point, where extraordinary moments create lasting memories. Photos shown depict a similar residence.
#405533

Big Sky

307 Inspiration Point Road 9C

5 Beds

6 Baths

4,146 Sq.Ft.

$6,300,000

MLS#: 405533

Located blocks away from the West Entrance to Yellowstone National Park, Moose Creek Inn is ideally located to access all that the park and town of West Yellowstone have to offer. The property features 2 two-story buildings, one of which was constructed in 2011, with multiple room types. The 34 nicely updated, rustic chic rooms have been popular with budget-conscious travelers to the area since 2008 resulting in a long history of strong financials. With Yellowstone National Park seeing record numbers of visitors the past few years and with the West entrance being (by far) the most utilized, this is a fantastic investment for years to come.
#391846

West Yellowstone

119 Electric

None Beds

None Baths

10,217 Sq.Ft.

$6,100,000

MLS#: 391846

Residence 4 is a 3-bedroom (with lock off), 3-bath residence located on the ground floor with a walk-out patio to landscaped green space, amplifying privacy and solitude, directly across from Montage Big Sky. Connected via an underground pathway to Montage Big Sky, the Inn Residences provide Owners with exclusive access to the resort's amenities and services, a dedicated concierge team, as well as direct ski-in, ski-out access to Big Sky Resort. All Owners receive membership benefits at the Spanish Peaks Mountain Club, which includes concierge services, two Tom Weiskopf-designed golf courses, two member-only clubhouses, and year-round members-only events. Additionally, residents enjoy an après ski lounge, ski lockers, spa tubs, and a lobby bar. Ownership at The Inn Residences at Montage Big Sky is offered in deeded, one-quarter ownership interests and each Residence is offered fully furnished with luxury furnishings by RH Contract.
#400130

Big Sky

824 Settlement Trail 4 A,B,C,D

3 Beds

3 Baths

1,973 Sq.Ft.

$6,000,000

MLS#: 400130

Stately Big Sky Mountain Retreat with Lone Mountain Views: Experience the best of resort mountain living in this stately 6,031-square-foot residence in the highly sought after community of Big Sky. The home is beautifully situated on 1.92 acres with the adjoining 2.02 acre lot to the south and 1.09 acre lot to the north included in this offering. Perfectly positioned to capture spectacular Lone Mountain views, the home enjoys a rare setting backed to the west by approximately 40 acres of greenbelt, creating a sense of privacy and scale that feels far larger than the deeded acreage. Offering both mountain serenity and exceptional convenience, the property is minutes from Mountain Village and skiing, Meadow Village and Town Center, with year-round recreation, dining, shopping, and resort amenities close at hand. Traditional mountain design meets enduring craftsmanship throughout this never-rented multi-level residence, with one level living. It is impeccably maintained including annual interior and exterior staining and painting. Extensive additions and thoughtful remodels completed in 2015 and 2016 enhanced the original home, while a new roof installed in 2020 adds lasting peace of mind. Substantial wood beam accents, entry columns, and two dramatic stone fireplaces create a warm, refined alpine presence inside and out. The heart of the home is a grand kitchen designed for gathering, featuring granite countertops with live edges, a large island, a wood breakfast bar, and a wine room. Expansive living areas are anchored by gas fireplaces in the living room, family room, and primary bedroom, while air conditioning adds comfort across the seasons. A two-car attached garage, detached structure with a third parking space, and abundant storage provide the practicality expected in a true mountain retreat. Large decks invite outdoor enjoyment in every season, from quiet mornings overlooking Lone Mountain to evenings framed by crisp mountain air and open sky. The convenient circular driveway offers an elegant arrival experience, while the home’s position against greenbelt land enhances the feeling of seclusion without sacrificing access to Big Sky’s premier amenities. This is a rare opportunity to own a substantial, beautifully maintained Big Sky residence in a spectacular resort setting where privacy, views, craftsmanship, and convenience come together in one exceptional mountain property.
#412777

Big Sky

2640 Rain In Face Road

5 Beds

3 Baths

6,031 Sq.Ft.

$5,999,999

MLS#: 412777

Horseshoe Foothills Ranch is tucked away in a private setting in the northern Gallatin Valley at the base of the Bridger Mountains and the Horseshoe Hills. The views from the property are stunning, with the Bridgers looming to the northeast, encompassing an expansive view of the lights of Bozeman and the Gallatin Valley, the Spanish Peaks rising to the south, and the Tobacco Root Mountains to the west. Take in the views from this 1,278± acre ranch, all close to one of the most celebrated small towns in the western United States: Bozeman, Montana.
#400471

Belgrade

TBD Skinner Road

None Beds

None Baths

1278.0 acres

$5,995,000

MLS#: 400471

West Yellowstone, Montana Lodging Property. Geyser Inn located at the west gate to Yellowstone National Park. Over 4 million visitors to Yellowstone Park each year with West Yellowstone hosting over 55% of the visitors. Excellent location for this Boutique style lodging with 23 rooms on three floors w/elevators and stairways for easy guest access. After an adventurous day in Yellowstone guests can enjoy amenities offered in West Yellowstone and relax in a comfortable room. Convenient location to town's shops, dining, entertainment, and only blocks with a direct route to the park's west entrance. Newer construction & turnkey operation ready for you to open in the upcoming season. Amenities that your guest and staff will appreciate; 5 ADA rooms, 18 guest rooms each w/microwave & fridges, breakfast area, small prep kitchen, hotel laundry w/commercial machines, over-night staff room, storage and more. Offer a comfortable rest and location for visitors to spend time in West Yellowstone.
#380139

West Yellowstone

101 S Electric Street

None Beds

None Baths

9,828 Sq.Ft.

$5,975,000

MLS#: 380139

Hidden atop one of South Bozeman’s most coveted ridgelines, 390 Hayrake Lane offers an extraordinary blend of luxury, privacy, and panoramic Montana beauty. Encompassing over 5,200 square feet of peacefully designed living space, this five-bedroom, five-and-a-half-bath home captures jaw-dropping views of the Tobacco Root Mountains, Bridger mountains, surrounding farmland and a vast majority of the city of Bozeman. Positioned on a fully fenced property with wide-open privacy, the setting evokes the feeling of a private Montana retreat while remaining just minutes from downtown Bozeman, Bozeman Health Deaconess Hospital and everyday conveniences. The home’s striking architecture is highlighted by soaring vaulted ceilings, floor-to-ceiling west-facing windows, and an impressive stone fireplace anchoring the incredible great room. Warm rustic hardwood flooring flows throughout the main level, complementing the home’s timeless mountain-modern character. Fresh interior paint and a whole-house saltless water softening system provide immediate comfort and peace of mind. Designed for both everyday living and entertaining, the spacious kitchen serves as the heartbeat of the home, featuring generous counter space, quality finishes, and seamless connectivity to the dining and gathering areas. One of a kind custom reclaimed wood mudroom with built-in bench seating, storage, coat organization and laundry room. The upper level offers a substantial bonus and recreation space complete with a wet bar, billiards area, four bedrooms, and media lounge—an ideal setting for entertaining guests, hosting game nights or enjoying family movie nights; all with the backdrop of Bozeman's iconic "M" trail in the distance. 390 Hayrake's outdoor living is equally impressive. A beautiful stone fountain that creates a tranquil focal point while the home’s elevated position showcases some of the most spectacular sunsets and western views available in the Gallatin Valley. The year round incredible green house is most certainly worth writing home about. Adding tremendous versatility and value, the property’s barn has been transformed into an exceptional high-end shop, creating endless possibilities for hobbies, equipment storage, workshop space, recreational vehicles, or future equestrian use. Rarely does an opportunity come around to own a property that so perfectly combines luxury, privacy, practicality, and commanding views in Bozeman's most sought after location!
#412020

Bozeman

390 Hayrake Lane

5 Beds

5 Baths

5,252 Sq.Ft.

$5,971,500

MLS#: 412020

Discover a rare opportunity to own a stunning 20-acre parcel in the prestigious Ulery’s Lakes neighborhood. Nestled in the heart of Moonlight, this breathtaking property offers unparalleled privacy, serene lake frontage, and sweeping mountain views. With direct access to pristine waters and surrounded by unspoiled wilderness, this parcel is perfect for those seeking a tranquil retreat while remaining close to world-class skiing, outdoor recreation, and the luxurious amenities of Moonlight Basin. A true legacy property, this is your chance to build a dream estate in one of Big Sky's most coveted locations.
#399642

Big Sky

tbd Ulery's Lake Road - Lot 6

None Beds

None Baths

20.0 acres

$5,950,000

MLS#: 399642

New on site 4 days ago
Crow’s Foot on the Big Hole is a 141± acre riparian retreat located along a one-mile stretch of the fabled Big Hole River near Twin Bridges, Montana. The ranch is complemented by a 3,250± square foot custom, two-story, three-bedroom residence that takes in mountain views and provides spacious, luxury living along the bank of the river. It is conveniently located an hour from Bozeman and its commercial airfield, minutes from Twin Bridges, Sheridan, and Dillon, which offers ample services and an FBO for private air travelers. For anglers, this region is considered the fly-fishing capital of Montana, with some of the most celebrated waters in the western United States within a one-hour radius. The ranch also boasts quality hunting for large whitetail deer and turkey. A small irrigated food plot showcases a wide variety of wildlife, including moose, upland birds, and waterfowl, within a proximal view of the residence. In 1997, esteemed architect Jonathan Foote constructed a charming 832± square foot log cabin. This cozy retreat has undergone recent renovations and provides extra accommodation for guests. The property and its structures are in outstanding condition and move-in-ready, which is appealing for someone wanting a luxury sporting property in an ideal location.
#413233

Twin Bridges

323 Melrose Road

3 Beds

3 Baths

3,250 Sq.Ft.

$5,950,000

MLS#: 413233

Price reduced
Mussigbrod Lake Ranch spans 1,280 acres in the heart of the Big Hole Valley, offering an exceptional blend of scenic beauty and productive ground. Located just minutes from Mussigbrod Lake, the property enjoys stunning mountain views, abundant wildlife, and convenient access to outdoor recreation. This ranch has a carrying capacity of approximately 350 pairs from July 1 to December 15, depending on the year. It has enticing recreational features including big game hunting, fishing and backcountry access. Ideal for livestock, hunting, or a private western retreat, this ranch embodies the wide-open spaces and timeless appeal of Montana living. The ranch is bordered by National Forest and within a three miles of Mussigbrod Lake and situated just south of the Anaconda/Pintler Wilderness area. It’s possible to have a wilderness adventure in Montana’s backcountry and be home by dark. Mussigbrod Lake holds the coveted native Grayling Trout along with Rainbow Trout and has a surprising sand beach.
#410620

Wisdom

6800 Mussigbrod Lake Road

1 Beds

1 Baths

1,152 Sq.Ft.

$5,950,000

MLS#: 410620

Hidden within the coveted Goose Creek corridor lies one of Southwest Montana's most extraordinary legacy estates. Encompassing 60.16± acres across three separately deeded parcels, this exceptionally private retreat combines timeless craftsmanship, breathtaking natural beauty, and a level of seclusion that is increasingly difficult to find. A peaceful, quiet drive 20 minutes from Downtown Bozeman reveals a spectacular handcrafted log residence where soaring timber beams, reclaimed wood, massive river rock fireplaces, and walls of glass create a home that feels both grand and warmly inviting. Every room has been thoughtfully designed to capture the surrounding forest, mountains, and abundant wildlife, while luxurious finishes and impeccable craftsmanship elevate every space. Designed for gathering as beautifully as it is for quiet retreat, the property includes a stunning 4,418± SF, 3-bedroom main residence, a beautifully appointed 1,545± SF, 2-bedroom guest home, and an impressive 2,800± SF barn and shop featuring horse stalls, heated workspace, office, entertainment lounge, and exceptional storage for vehicles, equipment, and recreational toys. Outside, the estate unfolds into an unforgettable landscape. A private stocked pond with dock and solar-powered fishing cabin, Goose Creek flowing through the property, miles of private trails, mature timber, open meadows, and borders National Forest. This all creates an outdoor experience few properties can offer. Spend mornings casting a fly line, afternoons exploring on horseback or ATV, and evenings gathered around the outdoor fireplace beneath Montana's endless stars. While the setting feels worlds away, downtown Bozeman, Yellowstone International Airport, and world-class skiing, fishing, and recreation remain within easy reach. Whether envisioned as a private family compound, an extraordinary recreational retreat, or a legacy property to be treasured for generations, 7016 Goose Creek Road represents a once-in-a-lifetime opportunity to own one of the most remarkable estates in the Bozeman area.
#412734

Bozeman

7016 Goose Creek Road

3 Beds

2 Baths

4,418 Sq.Ft.

$5,950,000

MLS#: 412734

Price reduced
Mussigbrod Lake Ranch spans 1,280 acres in the heart of the Big Hole Valley, offering an exceptional blend of scenic beauty and productive ground. Located just minutes from Mussigbrod Lake, the property enjoys stunning mountain views, abundant wildlife, and convenient access to outdoor recreation. This ranch has a carrying capacity of approximately 350 pairs from July 1 to December 15, depending on the year. It has enticing recreational features including big game hunting, fishing and backcountry access. Ideal for livestock, hunting, or a private western retreat, this ranch embodies the wide-open spaces and timeless appeal of Montana living. The ranch is bordered by National Forest and within a three miles of Mussigbrod Lake and situated just south of the Anaconda/Pintler Wilderness area. It’s possible to have a wilderness adventure in Montana’s backcountry and be home by dark. Mussigbrod Lake holds the coveted native Grayling Trout along with Rainbow Trout and has a surprising sand beach.
#411733

Wisdom

6800 Mussigbrod Lake Road

None Beds

None Baths

1280.0 acres

$5,950,000

MLS#: 411733

Misty Creek Ranch presents The Peak! Ascending a gentle hill, the 80 acre landscape unfolds before your eyes, revealing panoramic views of majestic mountains and sprawling valleys. A newly paved road winds up to this stunning property that offers endless opportunities. Overlooking serene creeks, tranquil ponds, and expansive valleys, this land is a rare gem with limitless potential. A 20 minute drive to Downtown Bozeman, 30 minutes to the international airport, and 40 minutes to Big Sky world-class resort. The Peak is part the 241 acre Misty Creek Ranch, also available for purchase, offering unparalleled beauty and boundless potential.
#402007

Bozeman

13830 (Tract D) Cottonwood Road

None Beds

None Baths

80.0 acres

$5,950,000

MLS#: 402007

Discover Powdercrest, the final land release for custom-built homes within Spanish Peaks Mountain Club. This remarkable new neighborhood introduces 31 exceptional homesites—an exclusive opportunity to own among the last true ski-in, ski-out properties in one of Big Sky’s premier, members-only communities. Spanning the slopes of Flatiron Mountain, these generously sized parcels offer a rare balance of privacy, expansive views, and future direct lift access via a planned chairlift. Owners will step seamlessly onto the slopes of Big Sky Resort while enjoying a sense of space and seclusion seldom found in world-class alpine destinations. Positioned along a dramatic ridgeline with unobstructed mountain panoramas, each homesite is thoughtfully sited to capture abundant natural light, jaw-dropping views, close trail access, and year-round outdoor living. Ownership includes access to an exceptional collection of current and future amenities, including dining, two Weiskopf-designed golf courses, the Spanish Peaks Clubhouse, Montage Big Sky, the highly anticipated Member Lodge Aspire, and an expanding ski network, all contributing to an already unmatched mountain lifestyle. Combined with close proximity to Big Sky’s vibrant Town Center and the untamed wilderness of Yellowstone National Park, this is truly an opportunity not to be missed. Owners may choose between Social or Signature Golf membership at Spanish Peaks Mountain Club, joining an outdoor-focused community of like-minded mountain enthusiasts from around the world. To further streamline the path to ownership, buyers may also take advantage of the highly regarded Design Build Program. This represents the final opportunity to create a custom legacy residence at the heart of Spanish Peaks—where world-class recreation, protected open space, and authentic alpine character define one of the most coveted addresses in Big Sky, Montana. Lot 7 is 6.68 acres with primo ski-in, ski-out, and offers expansive views looking toward the Gallatin and Madison Ranges.
#407566

Big Sky

Lot 7 Settlement Trail

None Beds

None Baths

6.68 acres

$5,950,000

MLS#: 407566

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