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A River really does run through it! 
https://youtu.be/z4ROlTQylW4
 
A river does not simply border this place—it defines it. Crooked Canyon Lodge rises between Bozeman and Big Sky along the wild heart of the Gallatin River, where the canyon carves through stone and shadow beneath Storm Castle Peak. Here, the river is not just a view; it is a living force at your doorstep, bending around the property and shaping both land and legend.Step outside to your private stretch of the Gallatin, winding like a silver vein of life. At the end of a simple walking path lies world-class trout water, where every cast feels like a scene from a long-awaited story. This is exclusive access to a river that captivates anglers worldwide.At the center stands a stunning 3,501 sqft custom lodge, designed for gatherings and relaxation. It features four bedrooms and additional sleeping spaces in the den and loft, with 3.5 baths—including a master suite with dual sinks and a pebble-floor shower. The master bedroom offers a king bed and deck access, along with the soothing sounds of the river below. Upstairs, two bedrooms and a loft share a generous bath, while a bunk room awaits laughter and fishing adventures.The kitchen with granite countertops, stainless steel appliances, and a large pantry. The dining table seats ten, perfect for evening gatherings, while an outdoor grill awaits steaks and trout beneath the Montana sky.Just steps away is a classic 1940s 2,280 sq ft cabin—a timeless retreat with 2 bedrooms, 2 baths, and a loft for extra guests. Nearby, a rustic bunkhouse features a wood-burning stove and private deck hover over the river's current. Mornings begin with wood smoke and rushing water, while nights end under a sky filled with stars.This is the very stretch of the Gallatin where iconic fishing scenes from “A River Runs Through It” were filmed, capturing cinematic grandeur in every bend and riffle. Crooked Canyon Lodge is not just riverfront real estate; it's a stage for a life lived outdoors—a vast slice of Southwest Montana.Perched at 5,000 feet, the lodge spans two tracts and about 4 acres, with Gallatin National Forest nearby. An hour’s drive leads to West Yellowstone, the gateway to Yellowstone National Park. In this meeting place of river, forest, and sky, fishing, skiing, and exploration are a way of life. For those who desire more than a view—who want to stand at the edge of a legendary river—Crooked Canyon Lodge is not merely a property waiting to be claimed.
#401886

Gallatin Gateway

64188 Gallatin Road

4 Beds

3 Baths

3,501 Sq.Ft.

$5,175,000

MLS#: 401886

Paradise found in Paradise Valley. The New Moon Lodge is a spectacular home & guest house strategically perched high above the valley floor, offering breathtaking views of the Absaroka mountains. Situated on 21.37 acres and bordering public land, Yellowstone National Park is less than an hour away, world class fly fishing on Yellowstone River is just down the hill, and endless hiking, camping, and hunting opportunities abound. For those seeking unique Montana culture, historic and artistic Livingston is 30 minutes away, while the thriving college town of Bozeman is an hour.
The Main Lodge features vaulted ceilings with massive stone fireplaces, exposed reclaimed timbers, hardwood floors, and custom finishes & woodworking throughout. Large picture windows capture the views of the mountains, valley floor and Yelllowstone River. Entertaining is a breeze with two large dining tables, a full sized saloon-style western bar, and spectacular chef’s kitchen that boasts an oversized island, double dishwashers, double gas range, and sub-zero refrigerator and freezer.
The master suite is a very private wing of the main level that features a rock fireplace, spacious bathroom with walk-in shower, office space, screened in sleeping porch, exterior hot tub and outdoor fire pit. 
Also the ground level of the main lodge are 2 additional bedrooms, each with a private bath, and another cozy living area with a fireplace and ample seating. 
The downstairs has a game room with theater projector screen and a full-size billiard pool table. 
Next to the main Lodge is the Barn Bunk House, which, at 3,307 SF, is really an expansive second home. The ground level has an enormous laundry room with 3 washers & dryers, dog wash area, and oversized 2 car garage. On the upper level you'll find a kitchenette, loft, and 2 large bunk room-style bedrooms with attached baths and doors to the exterior balcony. 
The landscaping outside the lodge is equally awe inspiring with massive rock fireplaces, rock patios and walkways, mature pines and aspens, and of course, more exquisite views of the mountains.
The property has lots of flexibility and would make a perfect setting for corporate retreats, family gatherings, high end vacation rental that can sleep 20, or as your own mountain getaway. The New Moon Lodge is being sold furnished and is ready to host your next great adventure.
#405163

Emigrant

190 Sagittarius Skyway

6 Beds

5 Baths

6,714 Sq.Ft.

$5,150,000

MLS#: 405163

Price reduced
Set on 6.33 private acres in the coveted Big Sky Mountain area, just two miles from Big Sky Resort and world-class skiing, 172 Ciel Drive is an exceptional alpine retreat offering rare privacy, refined custom craftsmanship, and stunning unobstructed views — all with no HOA and zoning in place for a future guest home. Surrounded by mature forest and mountain scenery, this exclusive property captures the essence of Montana living in one of the region’s most sought-after settings. 

Built in 2018, the residence spans 3,868 square feet and features a two-car garage, five bedrooms, three full bathrooms, one powder room and 2 fireplaces. Designed to balance timeless mountain architecture with modern luxury, the main level showcases an open-concept great room anchored by a dramatic stone fireplace and exposed beam ceilings — ideal for gathering and entertaining. The chef’s kitchen features an expansive island with seating, custom cabinetry, professional-grade appliances, generous prep space, and hand-placed stone accents, with abundant natural light and spectacular mountain views. The main-level primary suite offers a private sanctuary complete with its own fireplace, custom built-ins, and a spa-inspired bath featuring dual vanities, custom stonework, a walk-in steam shower, and a soaking tub positioned beneath picture windows. The walk-out lower level provides exceptional flexibility with a spacious family and recreation lounge, an additional fireplace, a custom wet bar with wine storage, built-in shelving, and guest accommodations well-suited for extended stays. A thoughtfully designed mudroom adds everyday functionality with ample storage and a dedicated dog wash station. Outdoor living is equally inviting, with covered deck and patio spaces for year-round enjoyment, along with a fire pit area surrounded by Adirondack seating — perfect for evenings beneath the Big Sky stars. 

A defining feature of the property is its rare future expansion opportunity. Approvals are already in place through the Gallatin City–County Health Department and Montana DEQ for a future guest house. A separately constructed access road provides an ideal private approach for the additional guest residence, enhancing long-term value and flexibility. Private acreage, close proximity to skiing, and the ability to expand in such a premier location are rare. 172 Ciel Drive represents a true legacy Big Sky offering.
#407876

Big Sky

172 Ciel Drive

5 Beds

3 Baths

3,868 Sq.Ft.

$5,100,000

MLS#: 407876

Introducing 48 Market Place, a great opportunity for whole-building ownership in the heart of Big Sky’s Meadow Village. Originally constructed in 2007, it spans over 8,000 square feet and features a diverse mix of commercial and residential spaces — offering income, flexibility, and long-term investment potential in one of Montana’s most desirable mountain communities. The property underwent significant interior renovations within the past 3–4 years, introducing updated finishes, modern systems, and refreshed interiors throughout.
The building includes two street-level commercial suites — one currently leased to a thriving local coffee shop, and the other, formerly a real estate showroom, beautifully finished and ready for a new concept ideal for retail, office, or professional use. Both spaces benefit from nearly 1,300 square feet of basement storage, providing valuable additional space for operations or inventory. The residential spaces have been thoughtfully updated and provide excellent income potential or flexible housing options for on-site management or staff. The units include one spacious five-bedroom apartment (each bedroom with individual locks and two showers), one three-bedroom residence with a private bath, and one luxury three-bedroom unit featuring two full bathrooms, large picture windows, Subzero refrigerator, and beautiful mountain views.
Located in Big Sky’s established Meadow Village commercial core, 48 Market Place is surrounded by anchor tenants such as American Bank, the Post Office, and Country Market, along with local restaurant favorites Olive B’s and Michelangelo’s. With year-round visibility, accessibility, and consistent traffic from residents and visitors alike, this well-maintained, mixed-use property represents a rare opportunity to own a proven, income-producing asset in the heart of Big Sky.
48 Market Place — own a cornerstone of the Meadow Village community. Reach out today to schedule your private tour.
#406104

Big Sky

48 Market Place

None Beds

None Baths

8,165 Sq.Ft.

$5,100,000

MLS#: 406104

Largest remaining infill development site within close proximity to Downtown Bozeman. Totaling over 24 acres, this property has recently completed all annexation and zone map amendment requirements and is fully incorporated into the City of Bozeman. The Northernmost parcels along L Street have recently been zoned R-B, and the southernmost parcel (~6.9ac) is currently zoned M-1. The M-1 parcel is also located within the Pole Yard Urban Renewal District and may qualify for TIF reimbursement. The properties are located in Census Tract: 30031000600, and may also qualify for LIHTC funding. More information is available for qualified investors/developers.
#409696

Bozeman

TBD L Street & Story Mill Road

None Beds

None Baths

24.28 acres

$5,000,000

MLS#: 409696

Discover an exceptional commercial opportunity at this prime 3.98-acre Business Park, boasting an impressive total of over 34,000 square feet across three buildings. Currently operating with established leases in place, this property presents an attractive investment prospect. Building #1 stands tall with a generous 20,324 square feet of versatile space, catering to a range of business needs. Building #2 offers a variety of options, with available spaces ranging from 4,800 to 2,280 square feet, providing flexibility for diverse commercial endeavors. Meanwhile, Building #3 comprises a well-appointed 2,560 square feet, offering a valuable additional space for potential expansion or separate operations. Ensuring self-sufficiency, the property is equipped with a private well and septic system, contributing to the efficient management of resources. Its strategic location is a standout feature, boasting an impressive 162 feet of Huffine (Hwy 191) frontage, ensuring high visibility and easy accessibility for both clientele and business partners. Furthermore, the convenience of a paved parking lot provides ample space for customers and employees, enhancing the overall appeal and functionality of the business park. Don't miss this unparalleled opportunity to establish or expand your commercial presence in a highly sought-after location, offering a blend of space, convenience, and prime visibility.
#404143

Bozeman

92 Caramel Court

None Beds

None Baths

34,524 Sq.Ft.

$5,000,000

MLS#: 404143

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2026. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!
#401664

Bozeman

1109 & 1143 Thomas Drive

None Beds

None Baths

N/A

$4,999,000

MLS#: 401664

There are riverfront homes, and then there is 49622 Gallatin Road. Situated on over five acres with more than 900 feet of Blue Ribbon fishing frontage, this isn't just a mountain house—it’s a front-row seat to the best of the Gallatin River. Whether you’re watching otters play from the deck, spotting elk across the water, or casting into one of the most productive fishing holes in the canyon, this property manages to feel both deeply peaceful and incredibly convenient.
The home opens into a welcoming gallery entry flanked by storage. From here, the layout flows naturally into spaces designed for both privacy and connection. To the left, the primary suite offers a true escape. The en-suite bathroom features a freestanding soaking tub positioned to take in river views. Above the primary bedroom,  a whimsical loft adds character—perfect for a kids' hideaway or extra storage. Nearby, a versatile bonus room currently serves as a bedroom but is ready to become your gym, craft room, or gear hub. A dedicated home office sits off the main hall, offering a backdrop of the Gallatin that makes checking emails a pleasure.
The heart of the home is defined by vaulted ceilings and a modern gas fireplace. A wall of glass curtain doors erases the boundary between the interior and the expansive deck, sitting just 20 feet from the water’s edge. Smartly appointed for the chef, the kitchen features Miele appliances and a striking leathered Taj Mahal Quartz waterfall island. A designer wood-clad pantry includes a built-in water bottle filler—a small but essential detail for Montana life.
Down the hall, a second en-suite bedroom features custom tile work and a walk-in closet. Upstairs, a guest loft offers two built-in queen beds, a full bath, and a private deck for morning coffee over the river. The property includes a fully remodeled ADU above the two-car garage. With modern finishes and elevated views, it’s an ideal setup for guests or a STR rental. The garage also features additional laundry hookups.
Adding a layer of Montana history, an original electrified cabin sits on the acreage. It’s the ultimate "fishing shack" or "she-shed," serving as a perfect focal point for entertaining, . While the property feels like a resort, it’s well-positioned for daily life: 15 minutes to Big Sky, 5 minutes to schools, and 45 minutes to the Bozeman Airport. Standing on the deck, overlooking the river, this is a property that truly moves the soul.
#409240

Big Sky

49622 Gallatin Road

2 Beds

3 Baths

3,620 Sq.Ft.

$4,999,000

MLS#: 409240

The Cross M Ranch consists of 1460 deeded acres, 40 acres of BLM lease, and 110 acres of private lease which is not  guaranteed to transfer to new buyer. Stretching across rolling hills and winding coulees, this methodically maintained ranch embodies the essence of the Montana frontier, offering a sanctuary for both cattle and wildlife alike. As you traverse the undulating terrain, you’ll be captivated by the timeless allure of Montana’s open range. Established roadways provide easy access to new or favorite recreational spots.  Cross M Ranch is a private outdoor sanctuary in Montana’s four seasons. Cross M ranch is a well-balanced Central Montana Ranch, with modest improvements including an older barn, lean-to-shed, round pen for breaking horses, extensive corral system, calving facilities and with 60+/- acres of irrigated hay base. Pastures and rangeland are predominately native species of grass along with extensive areas of sage and juniper cover. With several water rights including irrigation and stock water rights, along with a huge reservoir the Cross M Ranch is well watered. This ranch is owner rated at 80 pair with supplemental hay for the winter months. Abundant water resources, including lively ripples, cool pools, encompass the ranch’s 1.3± miles of Upper Deer Creek and support the diversity of wildlife. Depending on the time of year, the creek offers excellent fly-angling opportunities for brown and brook trout. The ranch is home to mule deer, whitetail, antelope, bear, turkey, Hungarian partridge, grouse and many other birds.
#394751

Big Timber

126 Upper Deer Creek

4 Beds

1 Baths

N/A

$4,999,000

MLS#: 394751

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2026. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!
#401678

Bozeman

TBD Thomas Drive

None Beds

None Baths

N/A

$4,999,000

MLS#: 401678

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2026. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!
#396569

Bozeman

1109 & 1143 Thomas Drive

None Beds

None Baths

8.24 acres

$4,999,000

MLS#: 396569

NEW CONSTRUCTION LUXURY 3 BED / 3 BATH 2415 SF LIVE/WORK 4 PLEXUS.  Two Bed with Two full baths with 1242 SF located on the second level and a huge heated 1173 SF shop on the main level with an office/studio, kitchenette, and bathroom. Living area has a nice floor plan with an open kitchen with island, and a true master suite. Living area includes- Granite countertops, central air and heating, large kitchen, and a balcony. Shop area includes- 12' high garage door, 14' ceilings, heated, kitchenette, office/studio with heat and cooling, 3/4 bath, epoxy floors, hot and cold hose bibs, upper mezzanine for storage, 40' deep shop space with separate entrance.   Seller is a licensed Broker in the state of Montana.
#407460

Belgrade

202 and 204 Fletching

None Beds

None Baths

N/A

$4,997,600

MLS#: 407460

Set among Big Sky Resort with commanding views and ski access to the world class skiing at Big Sky Resort, 2 Highpoint Drive is a beautifully appointed four-bedroom mountain home that blends refined finishes with an exceptional alpine setting. Thoughtfully designed for both comfort and style, the residence offers expansive living spaces framed by dramatic mountain vistas—creating a sense of privacy and elevation rarely found this close to the heart of Big Sky. 

Thoughtfully positioned for ski access to Big Sky Resort, with world-class terrain only moments from home. Enhancing the home’s appeal is its proximity to the One&Only Moonlight Basin, along with the rare opportunity for ownership to pursue Moonlight Basin Club membership, offering potential access to private amenities and an elevated resort lifestyle. 

The interiors are inviting yet sophisticated, featuring rich wood accents, natural stone details, and expansive windows that showcase Lone Peak and the surrounding alpine terrain. Generous gathering spaces make the home equally suited for intimate mountain evenings or hosting friends and family, while the well-appointed kitchen anchors the main living area with premium appliances and timeless finishes. 

Ideally located just minutes from Big Sky Town Center, the home provides easy access to dining, boutiques, and year-round community events. Bozeman Yellowstone International Airport is approximately one hour away, while the iconic landscapes of Yellowstone National Park are within easy reach for day trips and even greater exploration. 

Offering a compelling balance of luxury, access, and long-term lifestyle value, 2 Highpoint Drive stands out as an exceptional mountain residence in one of Big Sky’s most sought-after settings
#407610

Big Sky

2 Highpoint Drive

4 Beds

3 Baths

3,427 Sq.Ft.

$4,995,000

MLS#: 407610

Discover the ultimate mountain retreat in this luxurious Moonlight Mountain Home, perfectly positioned for ski-in, ski-out access to the pristine slopes of Big Sky. Spanning over 2,600 sq.ft., this beautifully upgraded residence combines the warmth of a cozy cabin with modern amenities. Upgrades include new appliances, new furniture, built-in shelving, custom blinds and air conditioning. Located in the exclusive Moonlight Basin community, this home offers unparalleled access to world-class skiing, hiking, and outdoor adventures. With its thoughtful upgrades, spacious layout, and unbeatable location, this Moonlight Mountain Home is a rare gem that promises to be the perfect getaway for those seeking both adventure and relaxation.
#401860

Big Sky

1 Hidden Trail

4 Beds

3 Baths

2,624 Sq.Ft.

$4,995,000

MLS#: 401860

On top of it ALL -- what a very special opportunity to own a one-of-a-kind extremely hip mountain contemporary designed penthouse with just a hint of a city loft vibe, this 4 bedroom, 3  and a half bathroom residence is elevated above just about everything Town Center. Offering front and center views of Lone Peak, Spanish Peaks as well as views down valley this is ready and waiting for you and your loved ones to call home in Big Sky. Bring that party outside on your very own private wrap around deck, take in all the activities and events the Big Sky Town Center has to offer all while enjoying coveted privacy. Take in the sounds of the Big Sky Art's Council's Music in the Mountains without ever having to worry about crowds, not to mention other well-known and well-loved Big Sky events such as PBR, summer farmer's market, special holiday events, Blue Buddah Sushi Restaurant just an elevator ride away and much much more. When location and address is everything 99 Town Center Avenue is undoubtedly it! This unit also comes with its own storage unit on the lower floor.
#398461

Big Sky

99 Town Center Avenue Unit R3

4 Beds

3 Baths

2,700 Sq.Ft.

$4,995,000

MLS#: 398461

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