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Misty Creek Ranch, a rare jewel nestled in the beauty of Montana's pristine landscape. As you enter the 241 acre community, a winding paved road meanders through towering trees and over the gentle flow of South Cottonwood Creek. Ascending a gentle hill, past the historic granary, the landscape unfolds, revealing panoramic vistas of majestic mountains and sprawling valleys. This land has long served as a habitat for elk and a historical calving site while whitetail deer, native fish, turkeys, mule deer, and a variety of native birds add to the splendor. Your horses and livestock needs are accounted for with a barn, sheds, and a corral. A 3800 sq. ft. guest house is a testament to comfort and convenience. Perfectly located, Misty Creek Ranch is just 20 minutes to downtown Bozeman, 30 minutes to the international airport, and 40 minutes to Big Sky world-class resort. With its unparalleled beauty and boundless potential, this Montana jewel awaits, ready to welcome you home.
#401887

Bozeman

13830 (Tract A-D) Cottonwood Road

None Beds

None Baths

241.0 acres

$21,000,000

MLS#: 401887

We are pleased to present a generational opportunity to acquire The
Osborne, a premier mixed-use asset located on East Main Street in
Downtown Bozeman, Montana. Delivered in 2020 and designed by
award-winning Locati Architects, this four-story, 33,044-square-foot
building represents the only recent ground-up development on Bozeman’s
core Main Street corridor – combining best-in-class construction,
architectural excellence, and long-term income stability.

The Osborne features a curated tenant mix of high-end retailers, premier
dining, executive office suites, and a rooftop telecommunications lease.
All tenants operate under long-term leases with annual increases,
including NNN structures throughout.

Located in the heart of one of the fastest-growing and most affluent
micropolitan markets in the U.S., The Osborne benefits from a premier Main St location with access to hundreds of downtown retailers, proximity to Montana State
University, and over 4.5 million annual tourists who visit the greater
Bozeman–Yellowstone–Big Sky region. This is a rare chance to acquire a
Main Street trophy asset in a severely supply-constrained submarket with
high barriers to entry.
#402684

Bozeman

233 E Main Street

None Beds

None Baths

33,044 Sq.Ft.

$21,000,000

MLS#: 402684

The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape.

Of the deeded acres, 1,236±-acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage. 

The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird species. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing.

Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.
#397891

Bozeman

495 Moffit Gulch Road

None Beds

None Baths

1597.92 acres

$19,900,000

MLS#: 397891

The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape.

Of the deeded acres, 1,236±-acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage. 

The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird life. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing.

Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.
#397752

Bozeman

495 Moffit Gulch Road

None Beds

None Baths

N/A

$19,900,000

MLS#: 397752

Nestled in the heart of Nye, Montana, Stillwater Legacy Ranch is a rare and remarkable offering that is rich in history and epitomizes the beauty and recreational abundance of the Stillwater Valley. Encompassing approximately 712± deeded acres, this property is framed by nature’s finest elements—rugged peaks, winding rivers, fertile meadows, and expansive nearby public lands. A true sanctuary for outdoor enthusiasts and nature lovers, the ranch is surrounded by the stunning Beartooth Mountains and Absaroka-Beartooth Wilderness. This untouched backcountry yields access to world-class hiking, fishing, hunting, and outdoor adventure, right from your back gate and beyond.
Stillwater Legacy Ranch boasts an extraordinary 1.65± miles of the Stillwater River frontage, complemented by 0.7± miles of both sides of the West Fork Stillwater River flowing through the middle of the property. In addition to these significant water features, the property hosts a network of spring creeks that offer outstanding potential for stream restoration and enhancement, creating both ecological value and fly-fishing opportunities. Adding to its rarity, these natural thermal springs that never freeze over flow year-round through the property, enhancing its appeal, utility, and natural wonder.
Originally homesteaded in 1896, this working ranch has been owned and operated by the same family for 129 years. It has earned distinction as a Montana Historical Ranch and is a treasured part of the state’s ranching heritage. 
Agriculturally, the ranch supports approximately 80± acres of flood-irrigated land planted in a productive creeping meadow foxtail and orchard grass mix, offering potential for hay production or livestock grazing. Improvements on the property include three modest homes, a barn, a garage, and four sheds—ideal for supporting an active agricultural lifestyle. 
Stillwater Legacy Ranch is ideally situated just 45± minutes from Columbus, 1± hour from the charming town of Red Lodge, and 1.5± hours from the commercial hub of Billings. Whether you’re seeking a private retreat, a working ranch, or a family legacy property, Stillwater Legacy Ranch offers unmatched natural beauty, abundant flowing waters, historic prestige, and remarkable privacy.
#404059

Nye

8 West Fork Road

3 Beds

3 Baths

1,920 Sq.Ft.

$19,500,000

MLS#: 404059

Situated along the East Gallatin River, 3121 Spain Bridge Road is a rare riverfront holding combining genuine seclusion with everyday convenience. Over one-half mile of river forms the property's western boundary — one of southwest Montana's best-kept secrets for fly fishing. Fed by spring creeks and mountain runoff, the East Gallatin runs cold and clear year-round, supporting wild brown and rainbow trout. Because much of the river flows through private land, angler pressure stays low and quality remains high. A stocked trout pond adds to the fishery, while the property has been actively managed for pheasant and upland bird habitat, with cover and food sources supporting consistent wild populations. Whitetail deer, ducks, and the occasional moose round out the wildlife. Downtown Bozeman is 11 miles away, the airport 4.7 — close enough for convenience, far enough to feel like somewhere else.
The main home was completed in 2023 by Yellowstone Traditions and spans over 5,850 square feet, grandfathered directly against the riverbank in a position that cannot be replicated. Stone, mortar, wood, steel, and glass exteriors deliver a modern mountain character, while vaulted ceilings capture views east to the Bridgers and west to the river. The great room centers on a stone fireplace flanked by a chef's kitchen with Viking and SubZero appliances. The master wing has direct river views, dual walk-in closets, double vanities, and indoor and outdoor showers. Above the four-car garage, a vaulted office and game room overlooks the pond and Spanish Peaks. A mudroom, dog wash, laundry, and storage for gear, guns, and wine complete the home.
The cabin is a 1,200 square foot Yellowstone Traditions build — one bedroom, sleeping loft, bath, kitchen, and fireplace, with a porch overlooking the lawn, pond, and river.
The manager's home is a two-story, one-bedroom, two-bathroom structure with a two-car garage, dog wash, and kennels, framing commanding views of the Bridgers and river. Adjacent sits a greenhouse, garden, and a historic log shop brought down from Trail Creek, restacked and repurposed for farm equipment. Each structure thoughtfully placed and finished — rarely does a property like this come to market on the East Gallatin.
#411573

Belgrade

3121 Spain Bridge Road

3 Beds

3 Baths

5,952 Sq.Ft.

$18,950,000

MLS#: 411573

One&Only Moonlight Basin Private Home #50 offers a refined mountain sanctuary defined by architectural excellence and immersive natural beauty. Designed by Olson Kundig, the home reflects a deep respect for its alpine setting through thoughtful materials, orientation, and form.

With approximately 5,676 square feet of living space, this six-bedroom residence features expansive interiors bathed in natural light, complemented by warm textures and elevated finishes. Floor-to-ceiling windows frame sweeping views of the surrounding peaks, creating a constant connection to the landscape.

The home’s open layout flows seamlessly to outdoor terraces and gathering spaces, ideal for entertaining or enjoying moments of solitude beneath Montana’s vast skies. Every detail is designed to support both everyday comfort and elevated living.

Located within the exclusive One&Only Moonlight Basin enclave, this residence offers access to a world of curated amenities, adventure, and personalized service.
#407786

Big Sky

#50 One&Only Private Home

6 Beds

6 Baths

5,677 Sq.Ft.

$18,500,000

MLS#: 407786

There is a moment when mountains, nature, sweeping vistas and balanced architecture merge perfectly. One&Only Moonlight is built exactly for that
moment. 

Designed by Olson Kundig and set in Big Sky, Montana, this One&Only Private Home holds its ground quietly. Six bedrooms across three levels. Floor-to-ceiling glass that frames treetops, snow-capped peaks, and a long open run to the valley below. The sunsets are unlike any you have seen.

What sets this residence apart is what came after the architects. Where the collection is delivered to a single standard, these owners commissioned their own bespoke cabinetry, a fully outfitted pantry with built-in espresso machine, double ovens, second refrigerator and customized cabinetry. They expanded the second entry to include wine storage to envy and completely redesigned an office space that is elegant and sophisticated. The home includes custom furniture, artistic wall coverings, a serious audio-visual package and window treatments. Finishes carefully selected rather than specified. 

Inside, the spaces are warm and grounded. Hardwood floors underfoot, fireplaces anchoring
spaces, and kitchen and living areas designed for the nights when everyone ends up staying home. The primary bedroom sits a floor above, private and still. The lower level adds two family rooms and two bedrooms that walk out onto a patio with hot tub and room to gather. On the
main level, an expansive deck carries the living outdoors to ample seating and a built-in grill. 
Ownership here is two privileges at once. As a O&O Private Homeowner, the full resort is at your disposal: ski-in, ski-out access, the Ski Lodge and gondola to Big Sky Resort, spa,
restaurants and curated experiences are elevated to the brand's global standard, with concierge and housekeeping to match. 

Moonlight Basin Club membership includes golf at The Reserve, the club's Jack Nicklaus Signature course, hailed as one of the best courses in the West. Enjoy a day at Ulery's Lake for paddling, fishing, and long summer afternoons while LakeLodge and Moonlight Lodge, with their pools, dining, and year-round programming, offer activities and amenities for everyone. Miles of private trails threaded through terrain offer an abundance of outdoor activities. 

Few homes offer this. Fewer still in a setting quite like this. Refined, adventurous, and unmistakably Montana. What remains is the rare chance to take it on as your
own.
#412031

Big Sky

#18 One&Only Private Home

6 Beds

1 Baths

4,754 Sq.Ft.

$18,400,000

MLS#: 412031

The 270 Ranch at Skalkaho Creek represents a rare opportunity to own one of the Bitterroot Valley's premier recreational and sporting properties. Located within Montana Hunting District 270, the property sits in one of the state's most coveted hunting regions. Renowned for its strong elk populations, quality mule deer habitat, and vast expanses of public land, District 270 consistently attracts serious sportsmen seeking exceptional hunting opportunities. Encompassing 652+ acres and bordering thousands of acres of Forest Service land, the ranch offers unmatched access to some of Western Montana's finest hunting, fishing, and outdoor recreation. More than half a mile of Skalkaho Creek flows directly through the property, creating an exceptional private fishery and providing some of the most sought after fly fishing opportunities in the region. The ranch serves as an ideal base camp for exploring the renowned fisheries, mountain lakes, and streams that make the Bitterroot Valley a destination for sportsmen from around the world. The combination of creek frontage, irrigated meadows, timbered hillsides, and adjacent public land creates exceptional wildlife habitat rarely found in a single offering. At the heart of the ranch sits an approximately 14,000 sq ft executive residence thoughtfully designed for entertaining, retreats, and large gatherings. Featuring eight ensuite bedrooms, eleven bathrooms, a home theater, sauna, hot tub, smart home integration system, and high speed fiber internet, the residence balances luxury living with the rugged beauty of its surroundings. Additional improvements include a fully outfitted event barn with guest accommodations and commercial grade amenities, two rustic cabins, a historic 1915 farmhouse, a large riding arena complete with multiple stables, and a spacious shop providing ample storage for equipment and vehicles. Agricultural operations currently support hay production, pigs, and chickens, providing valuable agricultural tax benefits while maintaining the property's productive character. Whether envisioned as a sporting retreat, legacy ranch, corporate getaway, or private sanctuary, the 270 Ranch delivers an extraordinary combination of water, wildlife, luxury, and direct access to the vast public lands of the Bitterroot Valley.
#412802

Hamilton

1307 Skalkaho Highway

12 Beds

10 Baths

13,756 Sq.Ft.

$17,950,000

MLS#: 412802

Set within the pristine alpine landscape of Moonlight Basin, One&Only Private Home #52 is a striking expression of modern mountain living, thoughtfully designed by Olson Kundig to exist in harmony with its extraordinary surroundings. Framed by old-growth evergreens and sweeping mountain vistas, the residence offers a rare balance of architectural sophistication and natural immersion.

Spanning approximately 5,144 square feet, this six-bedroom, seven-bathroom retreat is designed for effortless gathering and elevated comfort. Expansive floor-to-ceiling windows flood the interiors with natural light while framing panoramic views of Big Sky’s rugged peaks. Rich materials, refined finishes, and multiple fireplaces create a warm, welcoming atmosphere that feels both luxurious and grounded.

The open-concept layout connects generous living spaces to expansive terraces and outdoor lounges, extending the home seamlessly into its alpine setting. Whether hosting family and friends or enjoying quiet moments after a day on the slopes or trails, every space is designed to invite relaxation, connection, and retreat.

As part of the exclusive One&Only Moonlight Basin enclave, Private Home #52 offers access to world-class dining, wellness, and outdoor adventure—paired with the luxury service and privacy that define the One&Only lifestyle.
#407815

Big Sky

#52 One&Only Private Home

6 Beds

1 Baths

5,144 Sq.Ft.

$17,000,000

MLS#: 407815

Nestled among towering evergreens and expansive mountain vistas, Private Home #48 presents an elevated expression of alpine living. Designed by renowned architect Olson Kundig, the residence is a masterclass in integrating architecture with nature.

Spanning approximately 5,676 square feet, this six-bedroom, six-and-a-half-bathroom home offers expansive interiors defined by clean lines, rich materials, and dramatic windows that bring the outdoors in. Thoughtful design details and multiple fireplaces create a warm yet sophisticated atmosphere throughout.

Generous gathering spaces open onto terraces and outdoor lounges, providing ideal settings for entertaining or quiet relaxation in every season. The home’s scale and layout offer both privacy and openness, making it equally suited for hosting or retreating.

Situated within One&Only Moonlight Basin, Private Home #48 provides access to exceptional resort amenities and bespoke experiences, all delivered with the signature service and discretion of One&Only.
#407785

Big Sky

#48 One&Only Private Home

6 Beds

6 Baths

5,677 Sq.Ft.

$17,000,000

MLS#: 407785

Located in the coveted Diamond Hitch neighborhood of Moonlight Basin, this exceptional custom mountain residence sits directly on the ski slopes and offers breathtaking Spanish Peaks views in Big Sky’s most prestigious community.
 
Designed for both refined mountain living and effortless entertaining, the home features a stunning great room with a wood-burning fireplace, soaring ceilings, and walls of glass that frame the dramatic alpine landscape. With six bedrooms, including the bunk room of every child’s dream, the residence comfortably accommodates multi-generational gatherings, guests, and private retreats alike.
 
The lower level is a destination in itself, offering a dynamic entertainment zone, game space, indoor pool, and a beautifully appointed bar — ideal for après-ski celebrations, summer evenings, and year-round hosting. Multiple outdoor living areas, including a covered deck, invite you to savor mountain air, sunsets over the Spanish Peaks, and the relaxed elegance of summer in Big Sky.
 
Offered furnished, this turnkey property allows immediate enjoyment with a level of quality, craftsmanship, and privacy rarely found.
 
Ownership provides the opportunity for Moonlight Basin membership, extending your lifestyle far beyond the home with access to an 18-hole Jack Nicklaus Signature Golf Course, a future par-3 course, the slopeside Moonlight Lodge, the vibrant LakeLodge, Ulery’s Lake Camp, miles of hiking, biking, and Nordic trails — and just moments away, the acclaimed One&Only Moonlight Basin Resort, celebrated for its exceptional dining, world-class spa experiences, and refined alpine hospitality.
 
Every detail of the residence reflects thoughtful craftsmanship and intentional design, blending timeless mountain architecture with modern comfort. Expansive sightlines, warm natural materials, and a carefully curated floor plan create a home that feels both grand and inviting. Whether enjoyed as a primary residence, a seasonal retreat, or a legacy mountain investment, this property offers enduring value in one of Big Sky’s most sought-after ski communities. This is mountain living at its finest — refined, adventurous, and unmistakably Moonlight.
#408098

Big Sky

6 Latigo Road

6 Beds

4 Baths

7,950 Sq.Ft.

$16,950,000

MLS#: 408098

Private Home #49 is a striking example of modern mountain architecture, thoughtfully designed to honor its dramatic alpine surroundings. Crafted by Olson Kundig, the home blends contemporary design with natural textures to create a residence that feels both bold and timeless.

This 6-bedroom, 7-bathroom home spans approximately 5,144 square feet, offering generous living spaces ideal for hosting family and friends. Expansive glass walls frame panoramic views while allowing natural light to pour into the interiors, highlighting refined finishes and warm, inviting details throughout.

The open-concept design extends effortlessly to outdoor living areas, creating a seamless transition between interior comfort and the surrounding wilderness. From après-ski gatherings by the fire to summer evenings on the terrace, every space is designed for connection and retreat.

As part of the exclusive One&Only Moonlight Basin community, this home offers privileged access to world-class dining, wellness, and outdoor adventure—delivered with unmatched privacy and service.
#407784

Big Sky

#49 One&Only Private Home

6 Beds

1 Baths

5,144 Sq.Ft.

$16,250,000

MLS#: 407784

Surrounded by pristine wilderness and dramatic mountain scenery, One&Only Private Home #55 embodies contemporary mountain living at its finest. Designed by acclaimed architect Olson Kundig, the residence seamlessly blends modern design with the natural rhythms of its alpine environment.

This 6-bedroom, 7-bathroom home spans approximately 5,144 square feet, offering generous living spaces thoughtfully designed for comfort, connection, and retreat. Expansive windows and warm materials create interiors that feel both sophisticated and inviting.

Indoor and outdoor living areas flow effortlessly together, providing ideal spaces for entertaining or unwinding after a day spent exploring Big Sky’s trails, slopes, and rivers. The home’s design emphasizes privacy while maintaining a strong connection to the surrounding landscape.

As part of One&Only Moonlight Basin, owners enjoy access to exceptional dining, wellness, and outdoor experiences, all supported by the brand’s renowned service and attention to detail.
#407787

Big Sky

#55 One&Only Private Home

6 Beds

1 Baths

5,144 Sq.Ft.

$16,250,000

MLS#: 407787

Welcome to Two Feathers Ranch, a legacy 357± acre estate just outside Darby offering a rare combination of luxury living, agricultural productivity, and classic Bitterroot Valley vistas. Once part of the historic Chief Joseph Ranch, the property enjoys sweeping views of both the Bitterroot and Sapphire Mountain Ranges. The ranch borders US Forest Service land on two sides, ensuring privacy and direct access to thousands of acres of public recreation.

The ranch features approximately 2,500 feet of frontage on Tin Cup Creek, renowned for trout fishing, along with excellent water rights supporting 200± acres of irrigated pasture. Fenced pastures, supported by gravity-fed irrigation and wheel lines, currently sustain a productive Black Angus operation. Additional improvements include a hay barn capable of, a riding arena, and a fully equipped livestock working and sorting facilities, complete with pens and chutes. A private lake suitable for stocking fish, mature forested acreage, and abundant wildlife, including elk and whitetail deer, enhance the property’s recreational appeal.

At the heart of the ranch is a large main residence, exquisitely designed for both entertaining and comfort. Additional accommodation includes a guest residence and a manager’s home, both positioned above a substantial barn and workshop facility. Equestrian infrastructure includes multiple horse stalls, barns, and event-ready spaces suitable for training, rodeo activities, or private gatherings.

With five separate parcels and no restrictive covenants or conservation easements, Two Feathers Ranch offers exceptional flexibility for estate planning. Combining panoramic mountain scenery, a respectable operational component, and high-end residential amenities, this property represents a singular opportunity to own a premier ranch estate in Montana’s coveted Bitterroot Valley.
#408806

Darby

406 Chief Joseph Trail

3 Beds

3 Baths

7,180 Sq.Ft.

$16,250,000

MLS#: 408806

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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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