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$399,000
408008 MLS
Great investment opportunity in Dillon, Montana. Come take a look at this 7,200+/- sf building on a prime corner lot with multiple rental spaces. Previously a well established Mexican restaurant, ice cream parlor, & 24 hour fitness gym. Within walking distance to UM Western and downtown Dillon. The 4,556 +/- sf main floor offers retail/office space as well as a renovated apartment. The 2,700+/- sf basement previously was a 24 hour full gym with bathrooms and changing rooms. Plenty of parking out front and along the side of the building. The apartment at the back of the building has the potential for 4 bedrooms (as they are non-conforming right now), full kitchen, 1 full bath, 1 half bath, stackable laundry, and more. The potential for this property is endless......continue as a restaurant, new retail or even all apartments being so close to the college district. Call for your private showing today!

435 S Atlantic Street, Dillon

$1,100,000
405800 MLS
Located in the desirable East Bench area just northeast of Dillon, this 62± acre property offers exceptional versatility and opportunity. The site features six industrial metal buildings with a combined 27,000+ square feet under roof, previously utilized as a rice processing facility. The layout and infrastructure make it ideal for a wide range of commercial, agricultural, or industrial uses. Additional amenities include a certified waste pond for byproduct materials, ample space for future expansion, truck parking, or livestock/feed pens. Its elevated setting provides panoramic 360° views of the Beaverhead Valley and surrounding mountain ranges, making it equally suited for residential development. Options include building a private residence or subdividing into multiple parcels. Conveniently positioned near Montana Highway 41, the property ensures efficient access for transporting materials and products.

3512 E Bench Road, Dillon

$1,800,000
2 Beds 2 Baths 403138 MLS
Set in the heart of Southwest Montana’s breathtaking Beaverhead Valley, the Oliver Performance Horse Facility represents a rare opportunity to own a premier, turnkey equestrian estate where thoughtful design meets uncompromising quality. Encompassing 36± acres, this meticulously curated property has been developed with the serious horseman in mind. Two exceptionally well-designed barns, a spacious indoor arena, and expansive pens and paddocks with shelters and heated waterers provide seamless year-round functionality. Every structure and improvement reflects careful planning, durability, and pride of ownership. Elevated atop a scenic ridge, the estate captures commanding panoramic views of the Beaverhead Valley and surrounding mountain ranges, an inspiring backdrop that offers both privacy and tranquility. The charming, well-appointed farmhouse serves as a refined yet comfortable retreat, blending authentic Montana character with understated elegance. Located just minutes from the vibrant community of Dillon, the property lies within a newly established subdivision featuring county-standard road infrastructure for dependable, year-round access. A recent boundary line adjustment expanded the estate to its current 36± acres. Two high-producing wells support the property’s residential and agricultural needs: a newer 500± foot well producing approximately 15 gallons per minute, and an original 320± foot well producing approximately 10 gallons per minute, ensuring reliable and abundant water resources. The area is home to renowned blue-ribbon trout streams, hundreds of miles of snowmobile and cross-country ski trails, and scenic trailheads leading to pristine mountain lakes. Agriculture remains a cornerstone of the local economy, with hay, horse, and cattle production playing significant roles, complemented by continued growth in tourism and outdoor recreation. Oliver Performance Horse Facility is more than a property; it is a legacy-caliber equestrian offering in one of Montana’s most picturesque valleys.

600 Blue Ribbon Lane, Dillon

$247,000
402201 MLS
This beautiful 11.8-acre parcel in the Pioneer Lookout Subdivision offers the perfect blend of convenience, privacy, and Montana scenery. With year-round access provided by well-maintained roads and fencing along one side of the property, this acreage is ready for your dream home. The property is well-equipped with two private wells, power already in place, and available well log information for one of the wells. A driveway has been installed, providing easy access to multiple potential building sites across the gently rolling terrain. Enjoy expansive views, peaceful surroundings, and the flexibility to choose the ideal location for your custom home. The subdivision's HOA maintains the roads and provides snow removal, adding convenience and accessibility throughout the year. Located just a short distance from town, this property offers the best of Montana living open space, stunning vistas, and a tranquil setting without sacrificing accessibility. Bring your vision and start building the Montana lifestyle you've been dreaming of.

710 Gamblers Run, Dillon

$1,800,000
2 Beds 2 Baths 399615 MLS
Looking for an immaculate, move-in ready equestrian facility that includes stunning views and gorgeous sunsets? Located in Southwestern Montana, this property has it all - two well-designed horse barns, large indoor arena, pens & paddocks with shelters & heated waterers, along with a cozy farmhouse. With its 36.37 acres, this property has unlimited possibilities - it works nicely for your own personal use or as a training/boarding commercial facility. It includes an 80 x 200 sf indoor arena with lights, a very nice 10 stall horse barn with office/tack room & bath area; a smaller barn with 8 stalls & turnouts; 4 horse sheds with paddocks; and other outbuildings. The indoor arena has a new cutting fence and new sand footing. The larger barn has 12 stalls w/runs and the smaller barn has 10 stalls w/runs. The stalls have new LED lights. You will find new fencing throughout the property – both in wood and metal. All the pens have been welded up and all the waterers have new heaters. There are two wells on the property and the landscape/grounds are very well maintained. The charming farmhouse is 1232 square feet, with a vaulted ceiling in the kitchen/living areas. The new subdivision roads are built to county standards and there is new gravel throughout the grounds of the facility. Sitting on the top of the ridge, this property has stunning panoramic views of the Beaverhead Valley and surrounding mountain ranges. It is minutes away from the rural town of Dillon and Interstate 15 which runs from Alberta, Canada down to Mexico. Come and experience the big skies of Montana in this private and peaceful equestrian setting. Call for a showing today!

600 Blue Ribbon Lane, Dillon

$332,000
3 Beds 2 Baths 399112 MLS
Dillon is known for its assortment of wonderful, historic properties….come check out this darling brick home - one of its finest. Full of charm & character, this late 1800's 3 bed, 2 bath home has been lovingly updated and restored. As you enter the house through the front glassed porch you will see the original beauty starting with the original front door opening into the grand hallway and staircase. Take note of the of the beautiful trim and woodwork throughout, hard wood floors and the original solid wood pocket doors divide the living and dining room. The main floor features living room, dining room with reading/sitting area, kitchen, pantry and a full bathroom. The entry staircase leads to 3 bedrooms and a bathroom with a Jacuzzi shower. Big windows in every room let in lots of natural sunlight. This home also features a rear sun room which could be used for a multitude of things….play room, indoor garden, sitting area, etc. and it is wired for a hot tub The side yard is fenced and ready for your furry four-legged friends. Ample parking at the back of the house to keep your vehicles off the street. Within easy walking distance of the downtown, city parks and fairgrounds. Make this beautiful home yours!

305 S Railroad Street, Dillon

$224,750
392767 MLS
5 acres surrounded by National Forest with no neighbors, a huge shop, amazing mountain views, trees, elk, and deer, all near Sappington Creek, Trapper Creek, Trapper Lake, and the famed Big Hole River. Here it is. The Montana mountain property you’ve been waiting for is surrounded by the Beaverhead/Deer Lodge National Forest. Let me say that again, it’s SURROUNDED BY NATIONAL FOREST. There are no neighbors. This is an extremely rare find. It's right out in the middle of the Beaverhead Deer Lodge National Forest, not just along the edge of it. There’s an unmaintained county road that comes close to the property and then a short stretch of National Forest Road that is open to drive to the property where the shop sits and where there are plenty of other level building or camping areas that are ready to go with some of the most amazing views of the surrounding mountains. There’s Granite Mountain, Lion Mountain, Cleve Mountain, and Sheriff Mountains in the area to name just a few. The mountains are above tree line and it’s got that great alpine look and feel. It’s a must-see to believe and experience. The property has an approximately 8500-square-foot shop with a cement floor and steel beams. The roof and other items need some repair, but the building structure seems to be in pretty good shape. The building could be made into a living space, workspace, storage space, or all three. You can park your camper in it for the winter, too. There’s lots of room on the ground level and an upper ½ level area as well. However, this is not a place to live year-round, as there’s too much snow and it's too far in. It bears repeating: this is NOT a year-round property. It’s amazing to find a building of this size up in such a remote area and in such wild country, so buy it now and enjoy the possibilities. It’s a rare find and gives you lots of options for having your piece of heaven out in the mountains of Montana. Sappington Creek runs within 100 feet of the property on the National Forest, and it feeds into Trapper Creek, which is also very nearby. Both creeks have cutthroat trout in them for fishing and fresh mountain water right out your back door. Trapper Creek comes out of Trapper Lake, a high mountain Lake only about 2 miles from the property. It has lots of high mountain cutthroat trout in it for lots and lots of fun.

216 Trapper Creek Road, Dillon

$4,450,000
390448 MLS
The Elk Canyon Ranch stands out as the best offering currently on the market in Montana, providing unparalleled quality and unmatched opportunities for discerning elk and big game hunters. This turnkey, top-tier, big game, elk hunting ranch is located in a general hunting district which provides optimal opportunity to hunt both Idaho and Montana. Although nestled in the Beaverhead Mountains and surrounded by endless public land, the Elk Canyon Ranch is NOT OFF GRID and therefore offers power, fiber optics, and water from a spring. In addition, this property includes 2.5+/- miles of Nip and Tuck Creek for trout fishing and four ponds throughout. The 1,273+/- deeded acres are a mix of timber and pasture and not under a Conservation Easement! A short 30+/- minute drive will find you at the Lemhi River in ID or Clark Canyon Reservoir in MT -- the origin of the Beaverhead River and end of the Red Rock River. A 40+/- minute drive will find you in the ghost town of Bannack, and an hour drive will find you in Jackson or Elk Horn Hot Springs. Travel less than a half hour to Leadore, ID for basic amenities or 50+/- minutes to Dillon, MT for more! End-of-road privacy, plentiful water, abundant feed sources, and public land make this the ultimate elk hunting property. It is the supreme privacy of the Elk Canyon Ranch that truly separates this ranch from the pack.

31420 Hwy 324, Dillon

$4,450,000
390438 MLS
The Elk Canyon Ranch stands out as the best offering currently on the market in Montana, providing unparalleled quality and unmatched opportunities for discerning elk and big game hunters. This turnkey, top-tier elk hunting ranch is located in a general hunting district, offering the unique advantage of hunting both Idaho and Montana. Although nestled in the Beaverhead Mountains and surrounded by endless public land, the Elk Canyon Ranch is not off-grid—it offers power, fiber optics, and water from a spring. The ranch encompasses 1,273+/- deeded acres of timber and pasture and is protected by a conservation easement, preserving its open spaces, wildlife habitat, and scenic beauty for generations to come. In addition, the property boasts 2.5+/- miles of Nip and Tuck Creek for trout fishing and four ponds throughout. Within a short 30+/- minute drive, you’ll find the Lemhi River in Idaho or Clark Canyon Reservoir in Montana—the origin of the Beaverhead River and end of the Red Rock River. A 40+ minute drive brings you to the historic ghost town of Bannack, while less than an hour delivers you to Jackson or Elk Horn Hot Springs. For convenience, Leadore, Idaho offers basic amenities within 30 minutes, and Dillon, Montana provides expanded services just 50+ minutes away. End-of-road privacy, plentiful water, abundant feed sources, and extensive public land access make this the ultimate elk hunting property. It is the unmatched seclusion and protected landscape of the Elk Canyon Ranch that truly separates it from the pack.

31420 Hwy 324, Dillon