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The Montana River Retreat may be the most attractive fly-angling property available in Montana today due to its extremely coveted Boulder River frontage and its thoughtfully designed mountain modern home already in place and waiting for a new owner to instantly enjoy. The most significant and finite asset of this property lies in its abundance of water and exceptional angling opportunities. Spanning nearly half a mile, the pristine Boulder River flows alongside the property, offering deeded access to a world-class fishery. Renowned for its fast-moving, cold, and crystal-clear waters, the Boulder River is home to a robust population of both brown and rainbow trout. In addition to the river, the property features four spring-fed ponds, with one boasting large brown trout, as well as a spring-fed stream that meanders for approximately 2,500 feet. Together, these features not only enhance the property's aesthetic appeal but also hold the potential for further enhancement to optimize the aquatic experience. Before building the current home on the property, the owners spent many evenings camping under the stars on the property, enjoying the sounds of the river and the beautiful setting of the property within the cottonwood meadows and captivating views. As they considered the construction of the beautiful home that sits on the property today, they wanted to keep that natural feel of camping under the stars as a vision for the construction. The end result is a beautiful 2,000± square foot triangle-shaped home that maximizes views at all angles, providing the ultimate indoor and outdoor experience. The Boulder River Valley is one of the most highly sought-after destinations in Montana, celebrated for its quintessential Montana scenery and the charming small-town atmosphere of Big Timber, Montana. This property is conveniently located just 25 minutes from Big Timber and a short drive of approximately 1 hour and 25 minutes from Bozeman, which offers world-class amenities and an international airport.
#402490

Mcleod

40 A Susie Creek Road

3 Beds

2 Baths

2,000 Sq.Ft.

$4,795,000

MLS#: 402490

This highly profitable and reputable restaurant group presents a rare opportunity in the heart of downtown Bozeman. Known for its exceptional menu and outstanding food quality, the business offers a welcoming atmosphere with mountain-modern style and a popular back patio for summer dining. The restaurant is fully equipped with all necessary appliances and is truly turn-key, allowing for a seamless transition for new ownership. The space also features a private event room, creating strong potential for expanded private dining and event bookings. With significant room for growth, the business offers strong in-house catering potential and the opportunity to expand services to outside venues and off-site events. Conveniently located near shopping, hotels, and downtown residences, the restaurant benefits from strong foot traffic and a loyal customer base. Supported by a professional, experienced, and dedicated staff, this is an exceptional opportunity to acquire a well-established and thriving dining destination.
#408303

Bozeman

Restaurant Group With Excellent Reputation and Highly Profitable

None Beds

None Baths

6,500 Sq.Ft.

$4,790,000

MLS#: 408303

Norwegian Creek 480 is part of the historic 126+ year-old Maichel Ranch, located just outside of Harrison, Montana. Set beneath the Tobacco Root Mountains and just upstream from Harrison Lake, this 480-acre property offers 1/2 mile of creek bottom privacy, open space with huge views, and strong potential for an equestrian estate, small ranch, or private retreat. The land consists of three 160-acre legal parcels with multiple building sites ranging from private, wooded creek areas to open hilltops—all offering sweeping 360-degree views. The property borders a 640-acre section of State land with another mile-plus of Norwegian Creek frontage, further expanding recreational access and ensuring an extremely private setting with no other homes in view. Over 200 acres of the property can be farmed or cropped separately for food plots, grain production, or other agricultural uses. Elk, deer, upland birds, and other wildlife are frequently seen on the land, enhancing its appeal for hunting and outdoor enjoyment. Located at the end of the road on the historic Maichel Ranch, the property provides excellent privacy with convenient access—just 45 minutes to Bozeman and 20 minutes to Ennis. Nearby power and road improvement materials can be made available by the seller with an acceptable contract, offering additional development flexibility. Seller offers to lease property for grazing purposes to create cash flow for new owner. Generations of careful stewardship are reflected in Norwegian Creek 480’s productive capacity and natural beauty, making it a rare opportunity in southwest Montana.
#403641

Harrison

TBD Williams Lane

None Beds

None Baths

480.0 acres

$4,750,000

MLS#: 403641

81 Steamboat Trail offers a thoughtful balance of architectural character, privacy, and open views across the Gallatin River basin toward the Gallatin Range and Porcupine Creek drainage. The home is distinguished by its craftsmanship, featuring historic structural beams salvaged from a Salt Lake City bridge and assembled using traditional dowel construction. These beams frame large-format windows that flood the living spaces with natural light and orient the home toward the landscape. A substantial stone fireplace anchors the main living area, complemented by hardwood floors and well-proportioned gathering spaces. A wide spiral staircase within the stone turret leads to a quiet reading landing and upper living areas, adding architectural depth and a sense of retreat. Each bedroom includes an ensuite bath and generous closet space. Multiple outdoor living spaces extend from the primary suite, main living areas, and upper entertainment level—positioned for privacy and views. The upper entertainment room features a full wet bar and direct access to an exterior terrace, creating a natural extension of the living space well suited for hosting. The layout balances openness with defined rooms, allowing the home to live comfortably at scale. A substantial, purpose-built workshop is a standout feature. Thoughtfully separated from the main residence, it offers exceptional flexibility for professional use, specialized projects, or storage—an uncommon asset in a property of this quality. Located within Porcupine Park, the property borders protected open space within a designated elk corridor that will remain undeveloped, preserving privacy and a lasting sense of openness. Lone Peak High School is located within one mile of the home, while Big Sky’s world-class skiing and resort amenities are just 15 minutes away. Bozeman Yellowstone International Airport and Yellowstone National Park are each approximately one hour from the front doorstep, offering a rare combination of seclusion, access, and long-term livability.
#407617

Gallatin Gateway

81 Steamboat Trail

4 Beds

4 Baths

4,138 Sq.Ft.

$4,750,000

MLS#: 407617

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. Lot 17 is 2.15 acres and offers impressive panoramic views of Big Sky Country from its perched location. 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.
#407568

Big Sky

Lot 17 Powdercrest Trail

None Beds

None Baths

2.15 acres

$4,750,000

MLS#: 407568

Welcome to 51 and 61 Evergreen Drive, a rare opportunity to acquire two well-maintained buildings (one office/one industrial) on one lot in Bozeman’s established industrial corridor. Each building features clear-span construction, flexible interior layouts that can be easily reconfigured to suit a wide range of uses. Both properties are equipped with three-phase power and ample electrical capacity, ideal for manufacturing, fabrication, or warehouse operations. Building #51 received new furnaces and air conditioning condensers in 2023, ensuring efficient, modern functionality. The properties are currently leased to multiple tenants, all of whom have expressed interest in remaining. Existing leases are short-term, offering flexibility for an owner-user to occupy one or both buildings in the near future. The buildings provide a balance of stable income and future occupancy potential, making them an attractive investment for users seeking operational space in Bozeman’s growing industrial market. This property is ideally suited for an owner-user or investor looking for well-located industrial space with immediate functionality. As new construction costs continue to rise, acquiring an existing facility such as Evergreen Drive represents a cost-effective and time-efficient solution for expanding businesses seeking quality space in the Gallatin Valley.
#406355

Bozeman

51/61 Evergreen Drive

None Beds

None Baths

18,500 Sq.Ft.

$4,750,000

MLS#: 406355

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. Lot 31 is 5.04 acres, offering space, views, and an opportunity for amazing views. 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.
#407571

Big Sky

Lot 31 Sky View Way

None Beds

None Baths

5.04 acres

$4,750,000

MLS#: 407571

Price reduced
Set on a corner lot in Cowboy Heaven, this beautifully maintained mountain home offers a rare dual-direction ski experience—with steps-to ski access out and the ability to ski home, plus convenient routes toward both the Madison Base Area and Moonlight Basin. This coveted location keeps you close to Big Sky Resort terrain in a classic neighborhood setting, with corner-lot positioning and easy access to resort amenities, including close proximity to Moonlight Lodge for dining and services. Inside, the open-concept kitchen, dining, and living areas create an easy gathering space for après and entertaining. Multiple fireplaces add warmth and character, and large windows capture Lone Peak views and the surrounding alpine landscape. A wraparound deck with hot tub extends the living space outdoors for four-season enjoyment—morning coffee, wildlife sightings, and post-ski recovery. Optional Moonlight Basin membership offers access to private amenities including the lodge, fitness, dining, lake activities, and trail systems. Sold turnkey and fully furnished, this is an effortless Big Sky base in one of the resort’s most desirable communities.
#407424

Big Sky

2 Happy Trails

4 Beds

4 Baths

2,560 Sq.Ft.

$4,699,999

MLS#: 407424

Situated in the heart of the renowned Centennial Valley, the Jones Creek Ranch represents a unique opportunity for the rancher looking for summer/fall pasture or the conservation-minded buyers and investors seeking to steward one of Montana’s most spectacular and ecologically rich landscapes. This Centennial Valley is a big open landscape, bordered by mountain ranges and rolling native grasslands. The property is traversed by Jones Creek and Winslow Creek, providing a vital water source for wildlife and livestock alike. The ranch features highly productive native range, supporting sustainable cattle grazing and offering excellent potential for habitat preservation and restoration projects. The southern portion of the ranch has a good stand of timber and a change in topography from the north portion of the ranch. This historic working ranch lies within a region known for its exceptional wildlife corridors, migratory birds, and proximity to protected lands, making it a prime candidate for conservation easements or ecological investment. The rich habitat, coupled with the ranch’s existing agricultural operations, offers the ideal blend of conservation value and working landscape utility. Free from the restrictions of a conservation easement, this property stands out in today's market for its valuable versatility and potential for future use. Whether preserved as a private sanctuary, a conservation-focused investment, or a balanced ranching operation, the Jones Creek Ranch offers not only stunning scenery and ecological significance but also the chance to secure a legacy property in one of Montana’s last great wide-open places with conservation easement potential.
#403920

Dell

TBD South Valley Road

None Beds

None Baths

600.0 acres

$4,650,000

MLS#: 403920

Situated in the heart of the renowned Centennial Valley, the Jones Creek Ranch represents a unique opportunity for the rancher looking for summer/fall pasture or the conservation-minded buyers and investors seeking to steward one of Montana’s most spectacular and ecologically rich landscapes. This Centennial Valley is a big open landscape, bordered by mountain ranges and rolling native grasslands. The property is traversed by Jones Creek and Winslow Creek, providing a vital water source for wildlife and livestock alike. The ranch features highly productive native range, supporting sustainable cattle grazing and offering excellent potential for habitat preservation and restoration projects. The southern portion of the ranch has a good stand of timber and a change in topography from the north portion of the ranch. This historic working ranch lies within a region known for its exceptional wildlife corridors, migratory birds, and proximity to protected lands, making it a prime candidate for conservation easements or ecological investment. The rich habitat, coupled with the ranch’s existing agricultural operations, offers the ideal blend of conservation value and working landscape utility. Free from the restrictions of a conservation easement, this property stands out in today's market for its valuable versatility and potential for future use. Whether preserved as a private sanctuary, a conservation-focused investment, or a balanced ranching operation, the Jones Creek Ranch offers not only stunning scenery and ecological significance but also the chance to secure a legacy property in one of Montana’s last great wide-open places.
#403628

Dell

TBD South Valley Road

None Beds

None Baths

N/A

$4,650,000

MLS#: 403628

An exceptional investment opportunity presents itself with this extensively renovated, income-generating mixed-use property within Livingston’s vibrant downtown core. Erected in 1906, the historically significant Montana Block Building is an iconic fixture along Main Street. Architectural Digest acknowledges Livingston as the 19th most beautiful Main Street in America. Encompassing 24,900 square feet, the main floor is comprised of ten units: eight distinct retail spaces, complemented by an ancillary workshop area, with garage door access via the ally, concealed behind one of the retail units, and an office space. Ascending to the second floor reveals thirteen residential units, comprising a mix of six studios and seven one-bedroom units. The building incorporates a full-height basement. Recently completed in 2022, a substantial second-floor renovation has reinvigorated the building, marked by the installation of a new membrane roof and skylights, an upgraded HVAC system servicing the second-story common area, and the integration of new mini-split systems across all residential units. This meticulous transformation includes revealing the original brick facades, installing new flooring, new kitchens, and updating bathrooms. Simultaneously, modernization efforts extended to include extensive plumbing and electrical upgrades, energy efficiency through attic insulation, and the installation of a fully integrated fire alarm system, which communicates with the local fire department. Every commercial space, and 12 of the 13 residential units are currently leased. The listing Agent must accompany any showings. Showings are only available to qualified buyers. DO NOT DISTURB TENANTS. Financials and leases can be provided with a signed NDA; see associated docs for NDA.
#408254

Livingston

201 S Main Street

None Beds

None Baths

24,900 Sq.Ft.

$4,650,000

MLS#: 408254

Highland Foothills Ranch is set proudly in the Eastern foothills of the Highland Mountains of southwestern Montana, with commanding views of the expansive Jefferson River Valley and inspiring Tobacco Root, Bridger, Snowcrest, and Gravelly Mountains. Highland foothills is the ideal end-of-the-road retreat blending scenic beauty, privacy, abundant wildlife and big-game hunting.  The ranch’s 317+/- acres blend grass pastures, irrigated hay ground, old-growth coniferous and beautiful willows, and aspen trees lining the banks of Dry Creek, which flows for over a half mile through the property year-round. The riparian corridor is rich with wildlife and defines the ranch’s character. A 41-acre solar-powered, gravity-fed pivot currently provides over 100 tons of alfalfa/grass hay annually and is joined by 32 acres of flood/k-line irrigated pasture. The ranch currently supports a 50-60 year-round cow-calf operation. The current owner runs not only cattle and sheep but yaks, donkeys, horses, goats and chickens. Completed in 2024, the 3,933sq ft luxury home features a first-floor primary suite, stone fireplace, chef’s kitchen, wraparound deck, and walk-out basement with guest quarters. A log guest cabin adds flexible space for visitors or rentals. A large barn with hayloft and stalls, original homesteader’s cabin, multiple corrals, and fenced pastures support various livestock use. Located at the end of a private gravel road, the ranch is secluded but nicely situated near Butte and Bozeman, MT, with all the modern amenities of a mountain town. The world-class fly-fishing waters of the Madison, Jefferson, Beaverhead, Ruby, and Big Hole Rivers are nearby, with all the ingredients for excellent deer and elk hunting on the ranch. Limited regional development helps preserve the remote, wild atmosphere here. Highland Foothills Ranch is the hard-to-find opportunity to blend a functional agricultural property with an end-of-the-road family or hunting retreat in a peaceful mountain setting. Exceptional views and well-considered improvements make this a truly functional mountain retreat.
#402848

Whitehall

5845 Dry Creek Ranch Road

3 Beds

3 Baths

3,933 Sq.Ft.

$4,500,000

MLS#: 402848

Fantastic development opportunity with multiple options available for zoning and use with annexation into the City of Bozeman. Adjacent to the N. 19th retail corridor and minor arterial on Baxter Lane, with rear access from Tschache, infrastructure supports development with visibility from N. 19th. Bordered by Home Depot, Buffalo Wild Wings, REI and Sportsman's Warehouse to the East and high-density multi-family development to the West, the parcel offers possibilities for high density residential, commercial frontage, and/or mixed use. Zoning around the site includes M-1, B2 and R4-5. The parcel includes a water way and is adjacent to a linear trail. A wetland delineation report will be provided upon request. With 2023 AADT traffic count of 7661 vehicles/day and easy access off of I-90, consider restaurant, retail, hotel, mixed use or high-density multifamily development.
#384861

Bozeman

2050 Baxter Lane

3 Beds

1 Baths

7.5 acres

$4,500,000

MLS#: 384861

Fantastic development opportunity with multiple options available for zoning and use with annexation into the City of Bozeman. Adjacent to the N. 19th retail corridor and minor arterial on Baxter Lane, with rear access from Tschache, infrastructure supports development with visibility from N. 19th. Bordered by Home Depot, Buffalo Wild Wings, REI and Sportsman's Warehouse to the East and high-density multi-family development to the West, the parcel offers possibilities for high density residential, commercial frontage, and/or mixed use. Zoning around the site includes M-1, B2 and R4-5. The parcel includes a water way and is adjacent to a linear trail. A wetland delineation report will be provided upon request. With 2023 AADT traffic count of 7661 vehicles/day and easy access off of I-90, consider restaurant, retail, hotel, mixed use or high-density multifamily development.
#397554

Bozeman

2050 Baxter Lane

3 Beds

1 Baths

7.5 acres

$4,500,000

MLS#: 397554

Misty Creek Ranch presents the Creekside lot, 40 acres of pristine land with South Cottonwood Creek meandering through towering cottonwood and aspen tress. New improvements include a paved road and electricity to lot. Choose from several scenic build sites to create your own oasis amongst the babbling waters or on a hill to take in the vast panoramic views. A 20 minute drive to Downtown, 30 minutes to the international airport, and 40 minutes to Big Sky world-class resort. This property is part of the 241 acre Misty Creek Ranch, also available for purchase, offering unparalleled beauty and boundless potential.
#401855

Bozeman

13830 (Lot A) Cottonwood Road

None Beds

None Baths

40.855 acres

$4,500,000

MLS#: 401855

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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