Madison County Homes under $2 million

Madison County Homes under $2 million

Welcome to Madison County, Montana—a hidden gem nestled in the breathtaking Rocky Mountains, where stunning landscapes meet a rich tapestry of history and community. Known for its picturesque views, Madison County is a paradise for outdoor enthusiasts, offering endless opportunities for hiking, fishing, skiing, and exploring the great outdoors. With the majestic peaks of the Tobacco Root Mountains and the serene waters of the Madison River, this area is perfect for those seeking an active lifestyle and a strong connection to nature.

Madison County is not just about natural beauty; it boasts a warm, welcoming community that values a slower pace of life. The charming towns of Ennis, Virginia City, and Sheridan each offer unique experiences, from vibrant local shops and art galleries to delightful dining options featuring local cuisine. The county is steeped in history, with Virginia City being a well-preserved relic of Montana’s gold rush era, providing a fascinating glimpse into the past.

For those looking to invest in a home in this idyllic setting, Madison County offers a variety of properties under $2 million, making it accessible for families, retirees, and anyone looking to escape the hustle and bustle of city life. Whether you desire a cozy cabin by the river, a modern home with panoramic mountain views, or a charming historic residence, Madison County has an array of options to suit your needs. Discover the perfect place to call home in this enchanting corner of Montana, where adventure and community come together in perfect harmony.

Newest Madison County Homes under $2 million

201 E Idaho Street, Virginia City
$749,900
2 Beds ⋅ 2 Baths ⋅ 415223 MLS
At the C.W. Rank House, mornings begin a little differently. Built in 1898, this remarkable Virginia City property is a rare home with a presence all its own. Morning light settles over mature trees, gardens and lawn, creating a peaceful setting for reading, gardening, gathering with friends, or simply enjoying the luxury of having nowhere to be. The mountains frame the distance, while historic Virginia City is just a short walk away. Built by Charles W. Rank, a prominent businessman who served as a city councilman and mayor, and his wife, Elizabeth, the home has witnessed more than a century of Montana history. Its original spirit remains, complemented by updated plumbing and electrical for modern comfort. Victorian character remains throughout, from historic doors and captivating wallpaper to storied rooms and period details. In the living room, a finely carved oak mantel and decorative glazed tile surround a gas fireplace, creating a warm gathering place steeped in history. By afternoon, wander Virginia City's wooden boardwalks, explore preserved architecture and museums, browse local shops, or take in live theater and summer traditions. Here, history isn't something you simply visit, it surrounds you. The property offers flexibility with a 2 bedroom, 1.5 bath main residence and a separate guest cabin with its own kitchen, living room, bedroom, loft space(s) and 1.75 bath. Ideal for family and friends, a private retreat, or income-producing use, the two spaces offer possibilities and preserve the property's distinctive character. While life here feels removed from the modern pace, it remains connected to the places you need. Ennis and the Madison Valley are approximately 15 miles away, placing restaurants, shopping and the broader Valley within easy reach. Bozeman is approximately 80 miles away, with Bozeman Yellowstone International Airport (BZN) approximately 75 miles away, close enough for convenient access. As evening arrives, the streets grow quiet, the stars emerge, and Virginia City settles back into the peaceful mountain town its residents know and love. Gather around the fireplace, sit on the porch as the last light fades, or simply enjoy being exactly where you want to be. This is not a home meant to feel new, and that is precisely its beauty. The C.W. Rank House is more than an opportunity to own a piece of Montana history. It is an invitation to live more quietly, more beautifully and more intentionally, in a place with a story.

201 E Idaho Street, Virginia City
305 Boundary Street, Sheridan
$975,000
415306 MLS
A solid multi-unit investment opportunity in Sheridan, situated on 0.393± acres just two blocks from Main Street. This six-unit property includes a fourplex and duplex, offering a desirable mix of one- and two-bedroom residences with a long-standing history of consistent occupancy. The fourplex includes four 1-bedroom, 1-bath apartments, each with its own laundry area and designated storage. The duplex features two spacious 2-bedroom, 1-bath units, each with a laundry area and generously sized living spaces. Recent improvements further strengthen the property, including a new roof approximately three years ago, along with Trex decking, Diamond Kote siding and Milgard windows completed approximately one year ago. With six units in a convenient Sheridan location, an established rental history and substantial recent exterior improvements, this property offers an appealing opportunity for an investor looking to acquire or expand a multi-family portfolio in the Ruby Valley.

305 Boundary Street, Sheridan
73 Meadowlark Lane, Mcallister
$399,000
1 Beds ⋅ 1 Baths ⋅ 414052 MLS
5 Acres | Madison County, Montana — Build-Ready Cabin Retreat with Mountain Access Your Montana dream starts here. This exceptional 5-acre property in Madison County offers the rare combination of a move-in-ready cabin and a fully prepped homesite — giving you the freedom to live now and build later, exactly the way you want. Infrastructure Already Done For You This is the hard part, handled. The property comes with two wells, two approved and installed septic systems, and established water rights — everything in the ground and ready to go for your future custom home. Owner is open to a build-to-suit arrangement, making this a rare turnkey opportunity for your dream build in big sky country. Amish-Built Quality, Built to Last The existing one-bedroom, one-bath cabin, large garage, and pavilion were all constructed by Amish craftsmen to the highest standards, featuring durable metal roofing throughout. Whether you're settling in short-term or overseeing your new build, these structures offer comfort, character, and rock-solid construction from day one. Room to Roam With 5 acres to your name, there's plenty of space to bring the horses, set up pastures, or simply spread out and enjoy the privacy. Sweeping mountain views surround the property, and direct road access connects right into the nearby mountains — perfect for ATV and side-by-side adventures straight from your front door. Prime Madison County Location Just 5 miles from Ennis Lake, you'll have world-class fishing, boating, and recreation minutes away, all while enjoying the quiet, wide-open feel of Montana ranch country. Property Highlights: 5 acres in Madison County, Montana 2 wells + water rights 2 approved & installed septic systems 1 bed / 1 bath Amish-built cabin Large garage + pavilion, metal roofing Owner willing to build custom home to suit Direct ATV/side-by-side access to mountain trails Room for horses 5 miles to Ennis Lake Stunning mountain views Seller is related to listing agent a licensed MT Realtor. Whether you're ready to build your forever home or want a turnkey Montana getaway with room to grow, this property delivers rare, ready-to-go value in one of Montana's most sought-after regions.

73 Meadowlark Lane, Mcallister
2C Summit View - 302C, Big Sky
$1,999,000
3 Beds ⋅ 3 Baths ⋅ 415047 MLS
A true lock-and-leave mountain retreat, Summit View 302C offers the space to gather, the convenience to arrive and settle right in, and a location that keeps the best of the mountain within easy reach. With approximately 1,918 square feet, the residence features an inviting open-concept living area, generous sleeping accommodations, and beautiful mountain views that bring the outdoors into everyday living. Community amenities, including a fitness center, outdoor pool, and hot tub, add to the ease of ownership and après-ski appeal. Currently professionally managed by Stay Montana as a vacation rental, the property offers flexibility for personal use with rental potential while away. Offered fully furnished and turnkey, with select seller exclusions, 302C is ready to enjoy from day one- whether you're coming for ski season, summer adventures, or simply a place to escape to the mountains.

2C Summit View - 302C, Big Sky
585 Judy Lane, Alder
$1,650,000
3 Beds ⋅ 2 Baths ⋅ 414791 MLS
Set at the base of the Ruby Mountains is a rare opportunity to have your own 30-acre hay producing property in SW Montana. The exceptional home with vaulted ceilings, and new paint inside and out, offers a large master suite with walk-in closets, spacious remodeled bathroom with custom shower, and back deck access. Abundant natural light fills the open-concept living spaces, creating a warm and inviting atmosphere throughout the home. The spacious kitchen was recently remodeled and is thoughtfully designed for both entertaining and everyday living, flowing seamlessly into the main living and dining area. Two guestrooms, a den/office, and second bath complete the comfortable floorplan. Outdoor space includes a covered deck perfectly positioned to catch spectacular sunsets. Mature landscaping & a well-established lawn are kept hydrated by underground sprinklers. Over ¼ mile of wheel line with water rights from the Stanley ditch irrigates roughly 25 acres of established hay producing ground. The home has a convenient attached garage as well as a drive through 40x72 shop for toys or your equipment. Public access for world-class fishing and hunting is all just minutes away. Whether you're looking for a high-quality country home, a productive hay operation, or a hobby farm, this offering combines modern comfort with genuine rural functionality.

585 Judy Lane, Alder
13 Moose Ridge Road, Cedar Creek #53 Cedar Creek #53, Big Sky
$759,000
2 Beds ⋅ 2 Baths ⋅ 415049 MLS
At Cedar Creek #53, the last run of the day on Big Sky Resort's world-class terrain ends a short walk from the front door. Set on the top floor at the edge of Big Sky's Mountain Village, this 2-bedroom, 2-bathroom condominium keeps the lifts, the trails, and the village close in every season. Inside, an open living area gathers everyone after a day well spent on the mountain, and a deck carries the living space into the open air. Winter mornings start with a short walk to the resort shuttle, which runs to the Mountain Village base and three of the resort's lifts: Ramcharger 8, Swift Current 6, and the Explorer Gondola, with its direct connection to the Lone Peak Tram. The tram climbs to the 11,166-foot summit of Lone Mountain, above more than 5,800 skiable acres. The return is a ski-back through the Powder Ridge Cabins or a shuttle ride that stops just across from the Cedar Creek neighborhood. Summer brings lift-served mountain biking and alpine hiking, and the long evenings fill with free concerts in Town Center Park, the weekly farmers market, and the Big Sky PBR each July. Beyond the resort, the restaurants and shops of Big Sky Town Center, the Nordic trails of Lone Mountain Ranch, and the Gallatin River, with its fly fishing and whitewater rafting, are ten to fifteen minutes away. Historic Main Street in Bozeman, Bozeman Yellowstone International Airport, and Yellowstone National Park are each just over an hour's drive. The Cedar Creek association handles snow removal, grounds, and exterior upkeep, so the condo can be closed up between visits with little to manage. Offered furnished, #53 serves as a weekend retreat or a full-time home, and for investors, a long-term lease is in place and available to convey to the new owner. All that's left is the first snow of the season.

13 Moose Ridge Road, Cedar Creek #53 Cedar Creek #53, Big Sky
40 Big Sky Resort Road, 1922 Shoshone Condominium 1922, Big Sky
$625,000
1 Beds ⋅ 2 Baths ⋅ 414522 MLS
Own where the excitement is with easy access to skiing and mountain amenities! Centrally located in Big Sky Resort's Mountain Village, the Shoshone Condominium Hotel is adjacent to the slopes, has an exercise center, spa, pool and a central laundry. Close proximity to the ski slopes in the winter becomes easy access to hiking, mountain biking and zip lining in the summer. Restaurants, shops and the Big Sky bus and shuttle services are right outside the door. This third floor canyon facing condominium has beautiful views of the Gallatin Canyon and Andesite Mountain. With one bedroom, two baths, a Murphy bed and pull out couch, this mountain retreat can accommodate 6. Location, views and convenience, make this an opportunity you won't want to miss.

40 Big Sky Resort Road, 1922 Shoshone Condominium 1922, Big Sky
21 SittingBull Road Road 21 Sitting Bull Road Unit 1190 Unit 1190, Big Sky
$415,000
1 Beds ⋅ 1 Baths ⋅ 414961 MLS
Up to $3,000 BUYER CREDIT! Your Big Sky basecamp is waiting. Tucked into a quiet end location overlooking a creek, Hill Condo Unit 1190 puts the best of mountain life right outside your door: skiing, hiking, biking, trails, mountain views, and easy access to Big Sky Resort. This rare two-window studio is filled with natural light and offers views toward both Lone Mountain and Andesite Mountain. Wake up to the mountains, listen to the creek outside, grab your gear, and head out for the day. A walking trail just outside the door connects to the free skier shuttle and leads toward the base of Big Sky Resort, while the Skyline bus stops at the entrance to the Hill Condos. When the snow melts, trade your skis for hiking shoes or a mountain bike. Endless biking and hiking opportunities surround Big Sky, with National Forest trails nearby and the spectacular Beehive Basin Trailhead just a short drive away. From summer mornings on the trail to powder days on Lone Mountain, this is a place designed around getting outside. Back home, the in-unit washer and dryer make it easy to reset after a day of adventure. As an end unit, the studio enjoys a quieter setting, creekside surroundings, mountain views, and the added light of its uncommon second window. Unit 1190 also offers extensive rental history, providing flexibility for a buyer looking for a personal mountain getaway, a home base in Big Sky, or a property with an established history as a rental. Spend your winters chasing fresh snow, your summers exploring miles of trails, and your evenings watching the light change over the mountains. With Big Sky Resort access, public transportation, recreation, and some of Montana’s most spectacular scenery close at hand, Unit 1190 offers a rare opportunity to own an attainable piece of the Big Sky lifestyle. Come for the mountains. Stay for the lifestyle. Make Big Sky your home base.

21 SittingBull Road Road 21 Sitting Bull Road Unit 1190 Unit 1190, Big Sky
3 E Waco Lane, Ennis
$795,000
2 Beds ⋅ 2 Baths ⋅ 414497 MLS
10.22 ACRES • COMPLETELY REMODELED HOME • APPROX. 2,000 SQ. FT. INSULATED SHOP • HORSES ALLOWED Set on 10.22 acres beneath the Madison Range, this completely remodeled Ennis property combines a beautifully updated home, an impressive approximately 2,000 sq. ft. insulated shop, and the space to enjoy the Montana lifestyle. Horses are allowed, wildlife including elk, deer and pronghorn frequent the area, and expansive mountain views surround the property. The home has undergone a comprehensive remodel inside and out. The exterior features beautiful new stained pine siding, two new decks, and a large concrete patio, creating multiple outdoor spaces to take in the surrounding mountain views and wide-open setting. Inside, the transformation continues with new flooring, new walls and interior finishes, new electrical, new plumbing, new hot water heater, and extensive updates throughout the home. Abundant windows bring in natural light while capturing mountain and valley views in nearly every direction. The open-concept kitchen and living area provide a comfortable gathering space. The home offers two bedrooms, two bathrooms, plus an additional flex room ideal for an office, guest room, hobby space or other use. A major feature of the property is the approximately 2,000 sq. ft. insulated shop, providing substantial space for vehicles, equipment, recreational toys, storage or a serious workshop. Combined with more than 10 acres, this is a difficult package to replicate near Ennis. The property's location within Shining Mountains provides additional recreational appeal, with access opportunities toward nearby public lands and the Beaverhead-Deerlodge National Forest. State land is also located to the west of the neighborhood, contributing to the open character of the surrounding area. For aviation enthusiasts, the property is located within the Shining Mountains Airpark community and near Ennis-Big Sky Airport. Potential future airport/runway access may offer additional possibilities. With 10.22 acres, a comprehensively remodeled home, new stained pine exterior, two new decks, expansive concrete patio, large insulated shop, horse-friendly setting, abundant wildlife and sweeping mountain views, 3 East Waco offers an unusual combination of improvements, acreage and recreational opportunity near Ennis. Offered at $795,000 with a $15,000 landscaping credit

3 E Waco Lane, Ennis
5131 MT Highway 41 N, Silver Star
$995,000
1 Beds ⋅ 2 Baths ⋅ 414897 MLS
Set on 26.493 acres above the Jefferson River Valley near Silver Star, this architecturally distinctive property blends contemporary design with Southwest Montana character. Rolling terrain surrounds the homesite, opening to sweeping views across the river corridor to the Tobacco Root Mountains, while thousands of adjoining BLM acres extend privacy and recreation right outside the door. The approximately 1,728± SF primary residence is modern and thoughtfully detailed, with 10-foot ceilings throughout that amplify the sense of light and space. Mirrored architecture is carried throughout the home, with matching windows, corresponding bump-outs, and doors placed in parallel locations to create a strong sense of balance and symmetry. The result is a custom design that feels intentional and cohesive while still maintaining a natural flow from one space to the next. A continuous wood-plank ceiling adds warmth above polished concrete floors with radiant in-floor heat. The oversized kitchen features a large island with seating, abundant drawer storage, open shelving, and a full-wall tile backsplash. It flows seamlessly into the living area, where east-facing windows frame valley and mountain views and open to a stamped-concrete patio. An imported wood-burning stove offers ambiance and cooking capability. The open bedroom area includes two closets, west-facing windows, and a private patio, while two matching bathrooms each offer a sink, toilet, and shower. Additional spaces include an office, laundry, pantry, mechanical room, and infrared sauna, plus exterior access to a saltwater hot tub. A separate two-car garage building includes an approximately 768± SF finished guest studio with 10-foot ceilings, a private bath with shower, concrete floors, and electric heat. This space offers flexibility for guests, creative use, or rental potential. A connecting hall provides garage and exterior access plus a utility sink. Rounding out the property are a greenhouse, private well and septic, multiple exterior spigots, Vigilante Electric service, an owned propane tank, and no covenants or zoning. Despite the quiet rural setting, the property remains within approximately 1 hour & 15 minutes of Bozeman and under 1 hour & 30 minutes of Helena. These finishing touches complete a rare Montana offering where design, acreage, and direct access to public land come together naturally.

5131 MT Highway 41 N, Silver Star
521 Centennial, Sheridan
$440,000
3 Beds ⋅ 2 Baths ⋅ 414828 MLS
The views from this home are simply incredible, which is to be expected when you choose to live in the Madison Valley! Welcome home to 521 Centennial, a very well maintained three bedroom and two bathroom house in Sheridan, Montana. The yard is large and fenced with two sheds for your outdoor gear, or maybe turn the heated shed into a home office or whatever you can imagine. Walk through the front door to the living area with a bonus room just next to the main entrance. Two bedrooms and a shared bath are to your right, and the kitchen, dining area, and master are to the left. There is an ample sized laundry room as well as a heated garage. This home has everything you need and has been cared for by its current owners so you can just walk right in and feel right at home. Come check it out today!

521 Centennial, Sheridan
205 Montana Way, Ennis
$1,175,000
4 Beds ⋅ 4 Baths ⋅ 414839 MLS
Bring your vision to life at 205 Montana Way, a thoughtfully designed custom home offered in the final stages of construction. Ready for interior paint and finishes, this home presents a rare opportunity to personalize the details of a Montana retreat. Designed with space, livability, and luxury in mind, the floorplan flows effortlessly from the guest wing through the living and kitchen areas to a private primary retreat. A centrally positioned, double-sided wood-burning fireplace anchors the living room and kitchen. The planned dual kitchen islands create generous space for gathering and entertaining, while en-suite guest bedrooms, a sauna, expansive covered porches, and an impressive 2,107-square-foot attached garage enhance the home's appeal. Imagine waking to the sun rising over views of the Madison Range, sharing evenings beside a crackling fire, and enjoying summer days on the covered porches. The thoughtful layout and beautiful setting are here, the finishing touches are yours to choose. Sold as-is in its current stage of completion, this new construction home invites you to complete the home yourself or bring your own builder. Step into the final stages of a custom build and bring your style to a home with exceptional potential.

205 Montana Way, Ennis
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