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$9,500,000
415695 MLS
516 E Tamarack is 2.54 acres of NEHMU-zoned land inside Bozeman city limits, blocks from downtown and the Cannery District, improved with a 33,981 SF industrial building. At closing, Lattice Materials, an affiliate of the seller, leases it back at a triple-net rate of $17.00/SF for two years, plus a one-year option. Year one of the lease would yield $577,677, with 3% increases. The going-in cap rate is 6.08% at the $9,500,000 ask. Tenancy disclosure: This is a sale-leaseback. The tenant is related to the seller, and the lease begins at closing rather than continuing from a prior term. The two-year term, the $17.00 per square foot starting rent, and the 3% annual increases are proposed terms that will be documented in the purchase agreement. There is no executed lease.

516 E Tamarack Street, Bozeman

31255 Ninemile Road, Huson
$9,495,000
3 Beds ⋅ 3 Baths ⋅ 407802 MLS
Nestled in the highly sought-after Ninemile Valley between the Ninemile Divide and Reservation Divide Ranges, this ranch is a secluded haven just 45± minutes to Missoula, home to the University of Montana and an airport. This property is part of a crucial undeveloped wildlife passage between the Rattlesnake Wilderness Area and Mission Range to the northeast and the Selway-Bitterroot Wilderness to the southwest. The 457± deeded acres, contiguous to Lolo National Forest for about a mile, boast breathtaking views, unparalleled privacy, and almost two miles of fishable Ninemile Creek frontage, creating a quintessential Montana retreat. Acreage ranges from 170± acres of timbered slopes to creek bottom, irrigated lawns, and about 130 acres of irrigated hay meadows. Wildlife traipsing through includes whitetail deer, elk, turkeys, grouse, sandhill cranes, and the occasional wolf. The stunning landscape is only bested by the improvements, including a 3 bedroom/2.5 bathroom 2,970± SF main home, 902± SF log guest cabin, a 12,000± SF barn/recreation center that sleeps 22 that includes a shop and vehicle storage, a rustic cabin with an outhouse, two pole-frame storage buildings, and a sporting clays course.

31255 Ninemile Road, Huson

tbd Harper Puckett - Parcels 2 & 3, Bozeman
$9,455,000
414406 MLS
Where Location Meets Opportunity!! Rarely does a property check this many boxes. Positioned on Bozeman’s coveted west edge, this exceptional 122±-acre development and investment opportunity offers the scale, location, infrastructure, and vision to create something truly special. With a Preliminary Approved 177-lot subdivision and water rights in place for a public water system, much of the groundwork is already there. Add I-90 frontage, effortless access to both Bozeman and Belgrade, and a location just 10 minutes from downtown Bozeman and 10 minutes from Bozeman Yellowstone International Airport, and the possibilities become hard to ignore. And then there’s the setting. Expansive views reach across the Bridger, Gallatin, and Spanish Peaks, putting Montana’s iconic landscape right outside the door. Whether your vision is residential development, long-term investment, or something even more ambitious, this is an opportunity with genuine momentum—and plenty of room to dream. 122± acres. 177 preliminary approved lots. Water rights in place. Unbeatable access. Big Montana views. The potential here is not just impressive—it’s wide open!

tbd Harper Puckett - Parcels 2 & 3, Bozeman

TBD Highway 49, Not Provided
$9,415,665
412063 MLS
Spanning 2,100± acres, Two Medicine Legacy Ranch offers a rare blend of history, scale, and natural beauty in the shadow of Glacier National Park. Originally assembled by Hugh Black during the formation of St. Mary and held within the same family for generations, the ranch carries a deep sense of heritage. Over a mile of Two Medicine River frontage provides exceptional low-pressure fishing, while rolling native grass hills are dotted with ponds and framed by parcels of aspen and conifer. Unobstructed panoramic views of Glacier National Park provide a dramatic backdrop, and wildlife is abundant, with elk, deer, moose, bears, wolves, and upland birds frequent visitors. Fenced for cattle grazing, the ranch is as functional as it is scenic. Rolling meadows, wooded draws, and natural water features support strong agricultural potential alongside outstanding recreational appeal. With power in place and existing grazing income, this is a genuinely turnkey legacy holding. The property’s scale creates a blank canvas for building, whether a custom mountain home overlooking the park, a family retreat, or guest lodging. Recreational opportunities extend well beyond the ranch boundaries. Glacier National Park’s Two Medicine entrance is just a short drive away, offering world-class hiking, wildlife viewing, and backcountry adventure. Conveniently located west of East Glacier and accessible from Highway 49, the ranch offers both seclusion and easy access. Glacier Park International Airport in Kalispell is roughly 1.5± hours away, and Amtrak’s Empire Builder stops in the historic town of East Glacier Park, just minutes from the property.

TBD Highway 49, Not Provided

TBD Iron Drive Iron Drive Cabins Unit 4, Big Sky
$9,400,000
4 Beds ⋅ 5 Baths ⋅ 408318 MLS
Set in the heart of Moonlight West, the Iron Drive Cabins offer a rare opportunity to own one of the community’s first built-home residences. Designed by Reid Smith Architects, this limited collection of ten contemporary homes reflects the architectural character of Moonlight West while embracing immersive mountain living. Positioned alongside The Reserve golf course, the cabins enjoy direct access to current and future golf amenities, as well as close proximity to the planned fitness facility and outdoor tennis and pickleball courts. Owners benefit from an adjacent trail system connecting seamlessly to the broader Moonlight West network, ideal for hiking, mountain biking, snowshoeing, and cross-country skiing. Each residence includes a dedicated ski locker at the new Clubhouse, which is currently in the design phase by CLB Architects. Planned Clubhouse amenities include a restaurant and bar, sports bar and private dining room, separate ski and golf locker rooms, pro shop, golf simulators, and panoramic views of Lone Peak, Fan Mountain, and the Spanish Peaks. Membership in Moonlight Club is available with each Iron Drive Cabin and is required with purchase, offering access to a growing collection of world-class amenities. Thoughtfully sited in a dynamic, recreation-focused setting, the Iron Drive Cabins present a compelling blend of modern convenience, connection, and mountain lifestyle.

TBD Iron Drive Iron Drive Cabins Unit 4, Big Sky

190 Beehive Basin, Big Sky
$9,250,000
4 Beds ⋅ 5 Baths ⋅ 412140 MLS
In a private clearing in Beehive Basin, bordered by a protected, non-buildable meadow, a spring-fed creek winds and the Spanish Peaks rise close enough to hold the last light of day. Here, a custom residence by the award winning team at Centre Sky Architecture and Lohss Construction is sited to frame the summits, its great room's glass gable opening toward the high country. The architecture speaks the language of the landscape. Full-log columns and heavy timber trusses carry a standing-seam metal roof, natural wood and board-and-batten siding meet custom stone masonry, and walls of glass dissolve the line between the great room and the meadow beyond. The main level gathers around a wood-burning fireplace, with a kitchen finished in Wolf and Sub-Zero appliances and a walk-in pantry, a dining area, and a living room opening to stunning outdoor spaces. Beyond is an expanded two-car garage, a mudroom built for the outdoors with storage, laundry, and direct exterior access, and a sanctuary of sauna and shower with a private path to a bluestone patio beside Beehive Creek, a quiet retreat in the sound of moving water. A private mid-level is given entirely to the primary suite, with ensuite bath and its own covered deck. The upper level holds two more guest bedrooms, each with ensuite baths, one with a private loft for a reading nook or children's retreat. A bunk room paired with a family room and private bath completes the level, ready for the next generation of skiers and hikers. In warmer months, the outdoor spaces become the heart of the home. The covered deck with its outdoor fireplace wraps the great room for shaded morning coffee and long alfresco dinners, while the raised stone patio steps down to a fire feature set among boulders, drawing everyone together as the last light settles over the meadow. The location is the rare kind that offers everything at once: complete privacy and family-centered calm, yet close to all that makes Big Sky memorable. The Beehive Basin Trail traverses the property, offering direct access to one of the most celebrated hikes in the Northern Rockies. Big Sky Resort delivers some of the finest skiing in North America, and the coveted One&Only Moonlight Basin and Montage Big Sky sit a short drive away, each with exceptional spa and alpine fine dining. The Madison and Gallatin rivers welcome you to the storied fly fishing of Montana, with Yellowstone National Park and the historic Main Street of Bozeman just an hour away.

190 Beehive Basin, Big Sky

#7 One&Only Private Home 76A Roosevelt Road, Big Sky
$9,100,000
5 Beds ⋅ 4 Baths ⋅ 400714 MLS
Set amidst the untouched beauty of Montana’s alpine wilderness, this One&Only Moonlight Basin Private Home is a masterful blend of contemporary design and natural harmony. Surrounded by towering evergreens and dramatic mountain peaks, the residence is thoughtfully crafted to reflect and celebrate its remarkable setting. This five-bedroom retreat spans approximately 3,670 square feet, offering expansive indoor and outdoor living designed to immerse you in Big Sky’s four-season splendor. Floor-to-ceiling windows frame panoramic views, while roaring fireplaces and timeless finishes create an atmosphere of elevated comfort and understated luxury. The open-concept layout flows effortlessly from interior gathering spaces to generous terraces and outdoor lounges—perfect for entertaining or unwinding under Montana’s vast skies. Whether enjoying the glow of sunset over the peaks or cozying up after a day of skiing, hiking, or fly fishing, this residence offers the ideal space to gather, recharge, and reconnect. Located within the exclusive One&Only Moonlight resort, this home offers privileged access to a world-class collection of amenities, including fine dining, wellness, and outdoor adventure—all delivered with the renowned service of One&Only. This is not just a home—it’s a sanctuary in one of the most awe-inspiring corners of the American West.

#7 One&Only Private Home 76A Roosevelt Road, Big Sky

3010 Skinner Road, Belgrade
$8,995,000
4 Beds ⋅ 4 Baths ⋅ 397388 MLS
The SxS Ranch Estate encompasses 161± deeded acres northwest of Bozeman, Montana, with breathtaking views of the Tobacco Root, Bridger, Gallatin, and Madison Mountain ranges. This property is in the private SxS Ranch Reserve and includes a shared recreational interest in 971± total acres. About 1.4 miles of Dry Creek meanders through the east side of the private reserve, providing shared access to exceptional trout-filled water. Much of the property is dedicated to wildlife habitat for pheasants, sharp-tailed grouse, Hungarian partridge, whitetail deer, mule deer, and elk. The SxS Ranch Reserve offers parcels ranging from 68± to 188± acres, each with a thoughtfully placed homesite, creating a landscape of wide-open spaces and breathtaking vistas. Designed by Faure Halvorsen Architects, the four-bedroom, four-bathroom home features traditional architecture, modern technology, and high-end finishes. The centerpiece of the property is the strikingly finished iconic Western barn, while a large equipment shed allows for extra storage. A five-acre building envelope provides opportunities for constructing, discretely sited, another residence. The SxS Ranch Estate will resonate deeply with the discerning buyer(s) who has/have an appreciation for the historical context of the Rocky Mountain West. This is an opportunity to truly own the Last of the Best.

3010 Skinner Road, Belgrade

4 Boathouse Way LakeLodge R-16/302 Unit R16/302, Big Sky
$8,975,000
5 Beds ⋅ 6 Baths ⋅ 412062 MLS
Lone Mountain, Fan Mountain, and the Spanish Peaks create a trifecta of expansive view corridors from this five-bedroom penthouse, the highest residence in the LakeLodge at Moonlight Basin. Grand picture windows frame the iconic peaks visible from each room in this single-level residence that includes five bedrooms and five and a half baths.The living, dining, and kitchen areas flow together beneath the mountain light, anchored by a fireplace that gathers everyone in after a day outside, while a large deck extends across the southern portion of the residence overlooking the Ulery’s Lake area. Refined finishes keep the interior quiet and warm, letting the landscape carry the room. But LakeLodge is more than a home. Its offerings include a heated pool, two hot tubs, fitness center, climbing wall and sports court, golf simulator, members' lounge, Three Forks restaurant and bar and is home to Moonlight Outfitters, where you can name your activity and be outfitted perfectly. A private owner's ski locker opens to direct ski-in, ski-out access to Big Sky Resort by way of the Jay Hawk lift. Just beyond, Ulery's Lake Camp, the Moonlight Lodge, and the exclusive Moonlight Golf Course carry the seasons forward, from water and trails in summer to first tracks in winter. Unique to the LakeLodge Residences, owners may extend club access to their rental guests, a rare privilege that supports strong rental demand and invites guests to experience Moonlight in full. Position, privacy, and access define this penthouse: the epitome of grandeur at the LakeLodge, the views uninterrupted, Big Sky Resort at the door. An opportunity of this kind is exceptional and seldom repeated.

4 Boathouse Way LakeLodge R-16/302 Unit R16/302, Big Sky

1200 Towering Pines, Big Sky
$8,950,000
6 Beds ⋅ 8 Baths ⋅ 400400 MLS
In the forested hills of Towering Pines, this extraordinary Big Sky retreat combines world-class architecture, refined design, and sweeping natural beauty across 20 private acres. Offering both unmatched tranquility and connection to one of the Rockies’ most exclusive private clubs, it is a legacy estate designed for generations. Ownership includes the opportunity for a coveted National Membership at Spanish Peaks Mountain Club, granting access to the Tom Weiskopf–designed championship golf course, a stunning clubhouse with fine dining, private ski lift access into Big Sky Resort, and a year-round calendar of curated events. Membership also connects owners to the broader Montage Big Sky community, elevating the lifestyle to one of true rarity at the heart of a premier resort destination. Approximately half of the residence is a newly built custom addition by OSM, strategically designed to frame sweeping views of the Spanish Peaks and Lone Mountain. Though offering remarkable privacy and serenity, the estate sits just minutes from Big Sky’s world-renowned skiing, championship golf, the Blue Ribbon waters of the Gallatin River, and the vibrant Town Center. Inside, soaring ceilings, expansive windows, and seamless indoor-outdoor transitions fill the home with natural light, while elevated finishes and clean lines create an atmosphere of timeless sophistication. Curated spaces with custom lighting evoke a gallery-like ambiance, perfectly suited for art and the discerning collector. Spanning more than 10,000 square feet, the residence balances gracious entertaining with the ease of everyday living. Six spacious bedrooms include a primary suite with dual walk-in closets, a private upstairs gym, and a lower-level office and den. A separate guest suite—complete with its own kitchen, dining nook, living room, and outdoor sitting deck—offers visitors both comfort and privacy. Additional features include an expanded three-car garage with a custom-designed mudroom, multiple living areas anchored by striking fireplaces, and a thoughtful blend of formal and casual gathering spaces. Outdoors, winding garden paths, intimate seating areas, and sweeping mountain vistas elevate the mountain living experience. Every detail reflects a commitment to craftsmanship, elegance, and enduring quality. More than a home, this is a sanctuary—an inspired retreat and a true legacy property, thoughtfully designed to be cherished for generations to come.

1200 Towering Pines, Big Sky

TBD Iron Drive Iron Drive Cabins Unit 1, Big Sky
$8,900,000
4 Beds ⋅ 5 Baths ⋅ 408319 MLS
Set in the heart of Moonlight West, the Iron Drive Cabins offer a rare opportunity to own one of the community’s first built-home residences. Designed by Reid Smith Architects, this limited collection of ten contemporary homes reflects the architectural character of Moonlight West while embracing immersive mountain living. Positioned alongside The Reserve golf course, the cabins enjoy direct access to current and future golf amenities, as well as close proximity to the planned fitness facility and outdoor tennis and pickleball courts. Owners benefit from an adjacent trail system connecting seamlessly to the broader Moonlight West network, ideal for hiking, mountain biking, snowshoeing, and cross-country skiing. Each residence includes a dedicated ski locker at the new Clubhouse, which is currently in the design phase by CLB Architects. Planned Clubhouse amenities include a restaurant and bar, sports bar and private dining room, separate ski and golf locker rooms, pro shop, golf simulators, and panoramic views of Lone Peak, Fan Mountain, and the Spanish Peaks. Membership in Moonlight Club is available with each Iron Drive Cabin and is required with purchase, offering access to a growing collection of world-class amenities. Thoughtfully sited in a dynamic, recreation-focused setting, the Iron Drive Cabins present a compelling blend of modern convenience, connection, and mountain lifestyle.

TBD Iron Drive Iron Drive Cabins Unit 1, Big Sky

4800 Meadow Lane, Bozeman
$8,899,000
4 Beds ⋅ 6 Baths ⋅ 415016 MLS
Set amidst nearly 30 acres of mature aspens, open meadows, private trout waters, and exceptional equestrian amenities in the coveted Jackson Creek area of Bridger Canyon, Incognito Ranch embodies the very best of Montana living. Incognito Ranch is more than an estate—it is a collection of experiences. Ride horses through your own private preserve, cast a line into the stocked trout pond, explore trails winding beneath towering aspens alongside a seasonal creek, and take in panoramic views of the Bridger and Bangtail ranges. At the heart of the property is an impressive 8,185± square foot lodge-inspired residence, thoughtfully refreshed throughout and designed to embrace its stunning surroundings. Towering windows frame mountain vistas in every direction, while soaring ceilings, natural materials, and curated finishes create an atmosphere that is both sophisticated and inviting. The main-level primary suite lives as a private retreat with a sitting area, wood-burning stone fireplace, spa-inspired bath with copper soaking tub, custom closet, covered balcony, and mountain views. The main level also includes two additional bedrooms connected by a Jack-and-Jill bath, a stately great room with floor-to-ceiling windows, and a beautifully appointed kitchen featuring brand-new Taj Mahal quartzite countertops and backsplash, walk-in pantry, and temperature-controlled wine and whiskey room. Upstairs offers an additional bedroom, full bath, and library/media room, while the walkout lower level features a family and game room with kitchenette, sauna, fitness area, bunk room, and screened porch. Complementing the residence is an attached 765± square foot art studio/guest apartment, along with approximately 3,810± square feet of heated garage and shop space featuring epoxy floors, extensive storage, an auto lift, workshop, and pull-through bays. Equestrian amenities are equally impressive. The thoughtfully designed barn complex is anchored by a beautifully appointed luxury guest house. Additional improvements include a five-plus stall barn with tack room and wash rack, hay barn, two turnout paddocks with automatic waterers, two fenced pastures, and a 100' x 200' riding arena with specialized footing. Private, peaceful, Incognito Ranch offers a rare opportunity to experience luxury living & Montana's outdoor lifestyle just 15 minutes from downtown Bozeman, minutes to public land, and only 10 minutes from Bridger Bowl Skiing & CrossCut Mountain Sports.

4800 Meadow Lane, Bozeman

Moonlight Basin Strawberry Ridge, Parcel 2, Big Sky
$8,750,000
412381 MLS
Fifteen acres of coveted land, Lone Mountain, the Madison Range and the Spanish Peaks filling the horizon with clear, unobstructed views in every direction. This is Strawberry Ridge, in a gated community within Moonlight Basin and minutes from One&Only Moonlight Basin, high above Big Sky, Montana, where homesites of this scale, seclusion and views rarely come to market. The terrain invites a home set into the land, not imposed upon it. Across the 15-acre parcel, mature evergreens frame natural building envelopes, where two structures can be built, and open to the full range of peaks, with morning light over the valley and alpenglow on the summits at day's end. Lone Peak rises close at hand, near enough to orient a home around. Parcel 2 carries the room to build on your own terms, in a setting that asks for restraint rather than rivalry with the view. Seclusion here does not mean isolation. One&Only Moonlight Basin and the Madison Base area are five minutes away, with Big Sky Town Center, Montage Big Sky, and the Gallatin River fifteen to twenty minutes down the mountain. The historic Main Street of Bozeman, Bozeman Yellowstone International Airport, and Yellowstone National Park are each about an hour's drive, and the Madison River and the private runways of the Ennis airport sit under an hour away via the exclusive Jack Creek Road. Blue ribbon trout fishing, coveted dining and amenities, storied mountain towns, and open skies, all within easy reach of this rare offering. Ownership at Strawberry Ridge carries the option to acquire a membership to Moonlight Basin, a separate distinction that opens the full life of the community. Members can gain access to private ski lockers and additional direct ski access options to Big Sky Resort, along with golf at The Reserve, the Jack Nicklaus course at the heart of the club, with a second eighteen-hole course in design. Membership extends to potential reciprocity with Spanish Peaks Mountain Club, miles of hiking, biking, and nordic trails, and a full calendar of gatherings that carries through every season. Land like this is seldom bought to be sold again. It is held, shaped over seasons, and passed forward, the kind of place a family keeps for generations. Now is the opportunity to begin a legacy of your own.

Moonlight Basin Strawberry Ridge, Parcel 2, Big Sky

6027 Skyline Lane, Bozeman
$8,600,000
5 Beds ⋅ 6 Baths ⋅ 412643 MLS
15 Acres. Mountains in Every Direction. Few properties command the mountains from every direction. This one does, across fifteen private acres in Bridger Canyon. North, the Bridgers rise toward Bridger Bowl. South, the Spanish Peaks and Lone Mountain anchor the horizon toward Big Sky. West, the Tobacco Roots complete the circle. Every room in this home was positioned to frame a mountain range or a vista, and a private trail system extends that view across the full fifteen acres, capturing the property's finest sightlines at every turn. 2020 marked the start of a complete transformation, carried out with uncompromising precision. In 2021, SBC led a complete remodel of the main floor, kitchen, and upstairs bedrooms and bathrooms, paired with a new shingle-and-metal roof, all-new TimberTech AZEK decking, and horizontal cable railing on the north and west decks framing the mountains beyond. In 2023, three additional bathrooms and the laundry room were reimagined, and the basement was reborn with timber ceiling accents and cedar trim. The kitchen is outfitted entirely in Sub-Zero and Wolf, dual ovens, warming drawer, full-size fridge and freezer, and wine storage, set against reclaimed lumber doors, refinished oak floors, and handcrafted light fixtures imported from Israel that anchor the entry, dining room, kitchen, and theater room, where a petrified wood accent grounds the built-in credenza. Comfort is engineered in: central air, mini-splits, hot water baseboard heat, in-floor radiant heat in nearly every bathroom, two new high-efficiency boilers, a new 80-gallon water heater, and a 38kW Generac propane generator. A whole-house Vantage smart lighting system, electric shades, and Bose/Sonos sound extend from the theater room to the patio decks and barn. Outside, a 10-12' deep pond, enhanced in 2021 with a waterfall, fountain, two beaches, and a dock, sits among 125 drip-irrigated Aspen and Colorado Blue Spruce along a trail system that traverses the entire property. A saltwater Arctic Spa hot tub and propane fire pit anchor the west patio capturing full views in every direction. The 2024 Amish-built 28' x 36' barn is fully insulated, heated, wired for sound inside and out, with an RV pad and rough-in plumbing. A stone-and-iron security gate offers privacy and peace of mind, welcoming you to your retreat of mountain views, water features, outbuildings, and a fully reimagined home, a rare offering in Bridger Canyon, and an estate built for a lifetime.

6027 Skyline Lane, Bozeman

215 Shanks Basin Road, Big Timber
$8,500,000
3 Beds ⋅ 2 Baths ⋅ 411991 MLS
Springtime Ranch on the Yellowstone River is a remarkable 693± acre property ideally situated between Big Timber and Columbus, near the quiet community of Reed Point, Montana. Offering about two miles of Yellowstone River frontage, the ranch provides exceptional access to one of the West’s most renowned blue-ribbon trout fisheries, making it a premier destination for fly fishing enthusiasts. The property features approximately 202± acres of productive land under pivot irrigation, supported by two pivots, along with an additional 13± acres of adjoining BLM land that enhances both privacy and recreational opportunity. The landscape is diverse and visually striking, ranging from irrigated fields and lush riparian bottomlands to steep, rolling hillsides laden with ponderosa pine, creating a dynamic, scenic setting. Abundant wildlife frequents the ranch, including mule deer, whitetail deer, pronghorn, turkey, black bear, a variety of bird species, and offers excellent wildlife viewing and occasional big game hunting. Outdoor recreation opportunities are plentiful, with space for horseback riding, hiking, and exploring the natural terrain. Improvements include a 2,400± square foot home built in 1988, featuring three bedrooms and two bathrooms, perched atop a hill with sweeping views of the surrounding countryside. A secondary 1,575± square foot bungalow with two bedrooms and one bathroom, and a shop/garage, sits near the base of the hill, ideal for guests or additional living space. Conveniently located just 30± minutes from Big Timber and approximately one hour from Billings and Billings Logan International Airport, Springtime Ranch on the Yellowstone River offers a rare combination of accessibility, productivity, and Montana beauty.

215 Shanks Basin Road, Big Timber

5211 Old Yellowstone Trail, Three Forks
$8,500,000
401923 MLS
The Jefferson River Sporting Ranch is the epitome of a Montana riverfront ranch, boasting hundreds of acres of lush, wildlife-rich riparian bottomland, productive ranchland, recreational amenities, and outstanding views of the Bridger, Madison, and Tobacco Root mountains. The 423± acre property is nestled alongside approximately 1± mile of the Jefferson River, a few miles south of Three Forks, under 30 minutes from the Bozeman Yellowstone International Airport, and approximately 40 minutes from downtown Bozeman, Montana. Perhaps the most unique aspect of the ranch is the lush, spring-laden bottomland along the Jefferson River. Here, springs, wetland complexes, and remnant river sloughs intertwine among hundred-year-old cottonwoods. The wildlife is prolific. A wide variety of waterfowl, including ducks (mallards, widgeon, blue-winged teal, cinnamon teal), Canada geese, and tundra swans, as well as geese, turkey, pheasant, eagles, sandhill cranes, and songbirds, are perpetually present. Big game, including whitetail deer, moose, and occasionally elk also call the ranch home. The ranch is a blank slate with the opportunity to build a home or enjoy as a recreational retreat. Two suggested build sites with approved septic permits at each for five bedroom homes are already in place, allowing for a streamlined approach for a new owner to begin construction. Jefferson River Sporting Ranch offers an unparalleled blend of outstanding wildlife habitat, productive ranchland, and convenient location, making it an ideal retreat for a new owner to create their own secluded, wildlife-rich oasis. The ranch is a clean slate, allowing for a new owner to build their legacy home or recreational retreat.

5211 Old Yellowstone Trail, Three Forks

94 Skyband Trail, Livingston
$8,250,000
3 Beds ⋅ 4 Baths ⋅ 410910 MLS
Sky Band Ranch captures the essence of Southwestern Montana living with 262± acres positioned at the southern base of the Bangtail Mountains between Bozeman and Livingston. Tucked into a private hillside setting surrounded by timbered hillsides, lush meadows, creek bottom, and abundant wildlife habitat, the property offers an exceptional combination of refined craftsmanship, recreation, and usable land. Area Creek, also known as O’Rea Creek, runs through the ranch for approximately one-third of a mile, while mountain and ranch land views create a striking backdrop throughout the property. Built in 2008, the 9,000± SF western-style residence was thoughtfully designed to complement the surrounding landscape while delivering exceptional quality and comfort. Massive timber beams and trusses, hewn Douglas fir walls, custom cabinetry, solid wood doors, and recently refinished wide plank fir flooring define the home’s warm mountain aesthetic. The open concept living, kitchen, and dining area is anchored by an impressive two-sided stone fireplace and expansive Pella windows framing the surrounding scenery. The chef’s kitchen features premium Wolf, Viking, Sub-Zero, and Asko appliances with generous prep and entertaining space. The home offers 3 bedrooms and 3.5 bathrooms, with each bedroom featuring a private ensuite bath. One of the secondary suites is enhanced by its own fireplace, creating a comfortable retreat for guests or family. Additional spaces include a dedicated office or library, spacious laundry room, oversized attached two-car garage, and a large stone patio complete with a fireplace and hot tub hookup. The 3,570± SF partially finished basement presents substantial future opportunity for recreation, wellness, guest accommodations, or additional living areas. Existing plans are available for review. Sky Band Ranch supports horses or livestock and offers direct access to year-round recreation, including horseback riding, hiking, mountain biking, hunting, snowshoeing, and cross-country skiing right from the property. Wildlife such as elk, deer, moose, bear, grouse, and Hungarian partridge are regularly seen throughout the ranch, completing a truly exceptional Montana retreat within convenient reach of Bozeman Yellowstone International Airport, dining, shopping, and Yellowstone access.

94 Skyband Trail, Livingston

511 N Wallace Avenue, Bozeman
$8,200,000
411813 MLS
511 N Wallace offers one of the Brewery District's most compelling redevelopment opportunities in Bozeman's Northeast Neighborhood. Currentlyoperating as a transportation facility with bus barns, maintenance buildings, and supporting infrastructure, the site generates existing and and ongoingincome stream while future development plans take shape. Surrounded by Bozeman's most active mixed-use, multifamily, and commercialinvestment corridor, the property is primed for transformative redevelopment. Strong demand for housing, retail, office, and restaurant uses continuesto drive significant investment throughout the Northeast Neighborhood and Brewery District. Future residents and tenants will enjoy walkable accessto breweries, restaurants, galleries, parks, trails, and Downtown Bozeman .... all with mountain views and easy connectivity throughout the GallatinValley. Sites of this scale and location are rare in Bozeman's urban core. A serious opportunity to develop in one of Montana's fastest-growing markets.

511 N Wallace Avenue, Bozeman

511 N Wallace, Bozeman
$8,200,000
411738 MLS
511 N Wallace offers one of the Brewery District's most compelling redevelopment opportunities in Bozeman's Northeast Neighborhood. Currently operating as a transportation facility with bus barns, maintenance buildings, and supporting infrastructure, the site generates existing and and ongoing income stream while future development plans take shape. Surrounded by Bozeman's most active mixed-use, multifamily, and commercial investment corridor, the property is primed for transformative redevelopment. Strong demand for housing, retail, office, and restaurant uses continues to drive significant investment throughout the Northeast Neighborhood and Brewery District. Future residents and tenants will enjoy walkable access to breweries, restaurants, galleries, parks, trails, and Downtown Bozeman .... all with mountain views and easy connectivity throughout the Gallatin Valley. Sites of this scale and location are rare in Bozeman's urban core. A serious opportunity for future development in one of Montana's fastest-growing markets.

511 N Wallace, Bozeman

Lot 1 & 2 Wheatgrass Meadows TBD South Fork Road, Big Sky
$7,950,000
403899 MLS
The Ultimate Land Offering in Spanish Peaks Mountain Club – 19.07 Acres of Elevated Living Introducing a rare opportunity to own both Lot 1 and Lot 2 in Wheatgrass Meadows—a combined 19.07-acre estate parcel adjacent to open space and set within the newest and most exclusive developer release in Spanish Peaks Mountain Club. This is one of the largest available residential land offerings in the community with close proximity to the amenities and Montage Big Sky, delivering a unique combination of privacy, scale, and access to world-class amenities—all at an exceptional value for luxury-minded buyers. Tucked into a tree-lined enclave and surrounded by open space, this expansive double-lot offering provides the perfect canvas to build a legacy property in the heart of Big Sky. Whether you’re envisioning a grand mountain retreat with a guest home, family compound, or multi-structure layout, there’s ample room to bring your vision to life—think 8+ bedroom main residence plus a 3-bedroom guest home, with space to spare. Both lots feature initial landscaping and roughed-in driveways, making them ready for site exploration and planning. Thoughtfully positioned picnic areas invite you to pause and take in the surrounding beauty., inviting you to pause and soak in the wide-open vistas, fresh mountain air, and peaceful natural surroundings. Ownership includes opportunity for a Signature Golf or Social Membership at Spanish Peaks Mountain Club, unlocking access to premier amenities including Tom’s 10 Par 3 Golf Course, the stunning new Aspire Lodge, and an extensive trail network. You’re also just minutes from the Montage Big Sky, where luxury meets lifestyle with five-star dining, spa services, and ski access to Big Sky Resort. This is a truly one-of-a-kind land offering—19.07 acres of usable, build-ready terrain in one of the West’s most exclusive mountain communities, SPMC. Wheatgrass Meadows offers space, flexibility, and value without compromise. Create your Montana legacy here.

Lot 1 & 2 Wheatgrass Meadows TBD South Fork Road, Big Sky

141 Black Wolf Ridge, Big Sky
$7,950,000
6 Beds ⋅ 6 Baths ⋅ 390301 MLS
Nestled amidst the picturesque mountain landscape awaits an extraordinary retreat. This distinguished estate presents an exquisite main house spanning approximately 9,437 SF, and a 1,404 SF guest home. Crafted in 2002, this architectural marvel showcases 12" Swedish cope logs, floor-to-ceiling windows with 30' vaulted ceilings, and panoramic mountain vistas of Ramshorn Mountain and the Gallatin Range that inspire awe within every space. Stepping inside, you're greeted by a symphony of warmth and elegance, with six fireplaces adorning the expansive living spaces, including three authentic wood-burning hearths, inviting intimate gatherings and cozy evenings alike. The gourmet kitchen, equipped with Viking, Thermador, and Bosch appliances, beckons culinary enthusiasts with its Sub-Zero wine cooler and granite countertops, while smart home technology seamlessly integrates Lutron and Crestron systems, offering ultimate control over lighting, security, and sprinklers. Year-round comfort is assured with in-floor radiant heating, a sauna, and gym area, while the outdoor kitchen and dining area provide an idyllic setting for al fresco entertaining against the backdrop of Montana's beauty. For added peace of mind, the estate boasts a backup generator, security systems, and a sprinkler system, ensuring security and tranquility in equal measure. Beyond the main residence lies a charming 1,404-square-foot guest house, built in 2010, featuring one bedroom + bonus room, one bathroom, kitchen, living room, and a spacious three-car garage with extended doors, catering to horse trailers, RVs, and more. Spread across 20 acres, the estate includes eight acres of cross-fenced land, perfect for equestrian pursuits, along with a two-stall shed and a round pen, providing ample space for cherished equine companions. Conveniently located within the prestigious Big Sky school district and a short drive from all that broader Big Sky provides- the Big Sky town center, the coveted Gallatin River, Yellowstone National Park, and the world-class skiing at Big Sky Resort are all just a short drive away. Bozeman and West Yellowstone are also just an hour away for residents to enjoy even greater access to outdoor recreation, cultural attractions, and everyday conveniences. Whether you seek a serene retreat or an entertainer's paradise, this distinguished estate promises an unparalleled opportunity to embrace with comfort the timeless allure of Montana's majestic landscape.

141 Black Wolf Ridge, Big Sky

TBD Elk Meadow Trail Lot 50/51, Big Sky
$7,800,000
415093 MLS
A rare opportunity to own two adjoining ski-in/ski-out homesites in the sought-after Elkridge neighborhood of the Spanish Peaks Mountain Club. Offered together, Lots 50 & 51 encompass approximately 1.96 acres with expansive mountain views, including the Spanish Peak mountain range, and an exceptional setting for a custom Big Sky retreat. Lots 50 and 51 allow more space, adding to the sense of privacy and connection to the surrounding landscape. Located just one mile from the Spanish Peaks Mountain Club and the Montage Big Sky. The properties combine outstanding ski-in/ski-out access with the surface lift running directly behind both lots, panoramic views, and convenient access to the year-round recreation and amenities of the Spanish Peaks Mountain Club, Montage Big Sky, and Aspire. Membership is required for Spanish Peaks Mountain Club ownership.

TBD Elk Meadow Trail Lot 50/51, Big Sky

858 Lower Sweet Grass, Big Timber
$7,750,000
5 Beds ⋅ 4 Baths ⋅ 412112 MLS
Hangmans Creek Ranch is a premier Montana offering located just 10 miles north of I-90 and only 12 miles from the town of Big Timber, in the heart of Sweet Grass County. Perfectly positioned between Billings and Bozeman - both within an easy one-hour drive - this ranch delivers an exceptional balance of privacy, recreation and convenience.The property consists of 2,341 deeded acres plus 995 additional leased acres, providing a strong and well-balanced land base for both livestock and recreation. The ranch is well-suited to sustain a 175-200 head cow/calf operation, supported by productive native rangeland, irrigated acreage to help through the winter months, reliable water resources and functional, well-maintained infrastructure.Improvements include a 3,300 square-foot renovated main residence (5 bed/4 bath), three additional guest housing units, a new barn with both interior and exterior stalls, an outdoor riding arena and a heated 40 x 80 shop, making the ranch highly efficient for day-to-day operations and year-round use.Approximately 28 acres are under irrigation, helping support seasonal feed production, while just under one mile of Sweet Grass Creek frontage provides both reliable water and outstanding brown and rainbow trout fishing. Additional seasonal spring creeks, including Sam's Creek and Crest Creek, further enhance grazing distribution, livestock efficiency and wildlife habitat.The current infrastructure also lends itself exceptionally well to hosting private retreats or gatherings - offering the ability to experience fishing, big-game hunting, working cattle and horseback riding by day, then unwind in the evenings with a cocktail, a well-prepared dinner and the relaxing sound of the creek flowing nearby.Wildlife is abundant, with frequent sightings of elk, antelope, whitetail and mule deer, turkeys, upland and migratory game birds and predators, making Hangmans Creek Ranch equally compelling as a sporting property. Elk have been proven to be consistent in both archery and rifle seasons. Adding to its appeal are sweeping panoramic views of the Beartooth and Crazy Mountain Ranges, creating a truly iconic Montana view.Hangmans Creek Ranch offers a rare combination of a productive cattle operation, exceptional hunting and fishing, guest-ready infrastructure and outstanding access - making it an ideal legacy ranch, recreational retreat or investment opportunity in one of south-central Montanas most desirable regions.

858 Lower Sweet Grass, Big Timber

Ranch 5 North Pass Ranches, Bozeman
$7,678,560
395410 MLS
North Pass Ranches offers something exceptionally rare in the Bozeman market: the privacy and freedom of expansive ranch ownership paired with established infrastructure, thoughtfully curated amenities, and dedicated on-site stewardship. The community has been thoughtfully designed to support an active ranch lifestyle. Amenities include a full-time ranch manager on-site, Ranch Headquarters, equestrian facilities, stocked fishing ponds, and more than 10 miles of developed horseback-riding and hiking trails winding throughout the property. Owners also benefit from direct access to a full section of State of Montana land—approximately 640 additional acres—that is otherwise landlocked and therefore experiences very limited public use. Quietly tucked among fragrant pines, Parcel 5 enjoys a peaceful sense of seclusion while remaining conveniently close to Ranch Headquarters and the community’s equestrian facilities. Open pastureland and panoramic mountain views create an exceptional setting for a custom residence, horses, and livestock. With paved roads extending all the way from Bozeman, plus wells and power already brought to every homesite, North Pass offers a level of readiness rarely found among large-acreage properties—making each parcel truly build-ready. Elk, moose, deer, bears, and other native wildlife regularly move through the ranch’s natural corridors, reinforcing the extraordinary connection to the landscape. Whether riding from the equestrian facilities, fishing the ponds, exploring miles of trails, or simply taking in the views from home, North Pass offers a lifestyle that extends far beyond the boundaries of an individual parcel. The scale, setting, and lifestyle of North Pass are difficult to fully capture through photographs or words. This is a property—and a community—that truly must be experienced in person.

Ranch 5 North Pass Ranches, Bozeman

Ranch 5 North Pass Ranches, Bozeman
$7,678,560
395409 MLS
North Pass Ranches offers something exceptionally rare in the Bozeman market: the privacy and freedom of expansive ranch ownership paired with established infrastructure, thoughtfully curated amenities, and dedicated on-site stewardship. The community has been thoughtfully designed to support an active ranch lifestyle. Amenities include a full-time ranch manager on-site, Ranch Headquarters, equestrian facilities, stocked fishing ponds, and more than 10 miles of developed horseback-riding and hiking trails winding throughout the property. Owners also benefit from direct access to a full section of State of Montana land—approximately 640 additional acres—that is otherwise landlocked and therefore experiences very limited public use. Quietly tucked among fragrant pines, Parcel 5 enjoys a peaceful sense of seclusion while remaining conveniently close to Ranch Headquarters and the community’s equestrian facilities. Open pastureland and panoramic mountain views create an exceptional setting for a custom residence, horses, and livestock. With paved roads extending all the way from Bozeman, plus wells and power already brought to every homesite, North Pass offers a level of readiness rarely found among large-acreage properties—making each parcel truly build-ready. Elk, moose, deer, bears, and other native wildlife regularly move through the ranch’s natural corridors, reinforcing the extraordinary connection to the landscape. Whether riding from the equestrian facilities, fishing the ponds, exploring miles of trails, or simply taking in the views from home, North Pass offers a lifestyle that extends far beyond the boundaries of an individual parcel. The scale, setting, and lifestyle of North Pass are difficult to fully capture through photographs or words. This is a property—and a community—that truly must be experienced in person.

Ranch 5 North Pass Ranches, Bozeman

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