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Set on nearly 22 acres with almost 2000 ft of prime Bitterroot River frontage, this unique Hamilton, Montana property features a rare combination of river access and high-end accommodations. At the heart of the property stands a stunning log home lodge, showcasing classic Montana style and craftsmanship throughout. Inside, you’ll find attractive hardwood flooring, a beautiful river rock fireplace in the main common area, and a warm, inviting atmosphere that blends comfort and quality. The lodge includes three guest suites plus a deluxe primary suite, each room thoughtfully and stylishly appointed to provide rugged-yet-refined Montana character. Beyond the main lodge, the property features two well-designed cabins, a barn with apartment, and three luxury glamping huts, each one echoing the same attention to detail and rustic comfort found throughout. 

Generous windows throughout the lodge bring in plenty of natural light and frame stunning views of the Bitterroot River, just steps from the back door. The spacious kitchen is designed to handle everything from casual meals to full-scale entertaining. High-end appliances, dual sinks, and ample cabinetry make it both functional and efficient, while attractive quartz countertops offer plenty of room for food prep and serving. A spacious dining area with a bar and TV creates the perfect gathering space for entertaining, relaxing after a day on the river, or hosting guests. With a total of 10 bedrooms with 15 beds, 9 bathrooms, and 9,284 square feet of finished space, this property provides options for a variety of uses. With nearly a third of a mile of Bitterroot River frontage, you’ll have front-row access to some of Montana’s best fly fishing, along with incredible views and a deep sense of privacy just minutes from downtown Hamilton.
#408626

Hamilton

24 Russell

10 Beds

8 Baths

9,284 Sq.Ft.

$12,300,000

MLS#: 408626

Tucked into the high alpine wilderness of Montana, this One&Only Moonlight Basin Private Home is a singular architectural statement—where modern luxury meets the wild serenity of Big Sky. Designed with remarkable precision and purpose, the residence captures the essence of refined mountain living, seamlessly blending into its landscape of towering evergreens and panoramic peaks.

This six-bedroom retreat spans an elegant, thoughtfully designed layout that balances intimate comfort with dramatic open living spaces. Soaring windows flood the interiors with natural light and frame breathtaking mountain vistas, while natural materials, sculptural fireplaces, and rich finishes echo the rugged beauty just beyond the glass.

The indoor-outdoor connection is at the heart of this home’s design. Spacious terraces and private outdoor lounges invite you to entertain, unwind après-ski, or simply take in the stillness of the Montana sky. Whether gathering around the fire after a day on the slopes or enjoying a quiet summer evening beneath the stars, this is a home that offers space to reconnect—with nature, with loved ones, and with yourself.

Ownership within One&Only Moonlight Basin comes with access to an unparalleled suite of amenities: world-class dining, a holistic spa and wellness sanctuary, and expertly curated outdoor adventures, all delivered with the personalized, intuitive service that defines the One&Only brand.

This is more than a home—it is a rare legacy property set within one of the most awe-inspiring landscapes in North America. A place where architecture and nature exist in perfect harmony, and where every detail has been designed to elevate your experience of mountain life.
#401005

Big Sky

#5 One&Only Private Home

6 Beds

1 Baths

4,754 Sq.Ft.

$12,275,000

MLS#: 401005

Situated in the untamed wilderness of Montana, this One&Only Moonlight Basin Private Home offers beautifully designed spaces, all blending in seamlessly with this remarkable landscape of forests and peaks. The six-bedroom residence features stunning interiors and amazing outdoor spaces. Offering some of the most remarkable living in all of Big Sky, these contemporary homes boast floor-to-ceiling windows, roaring fireplaces, and timeless finishes. Enveloped by Big Sky's evergreen forests and snow-capped mountains, these expansive residences provide the perfect retreat for family and friends to gather, relax and rejuvenate after a day of adventure in the great outdoors.
#376786

Big Sky

#17 One&Only Private Home

6 Beds

1 Baths

4,754 Sq.Ft.

$12,250,000

MLS#: 376786

This fully leased office investment opportunity offers a unique opportunity to acquire a solid investment supported by leases with the State of Montana and MeatEater.

In total, the ±34,210 square foot property sits on ±1.95 acres.  The first section, 9,184sf, was built in 1999 and is two (2) stories with an elevator.  In 2012, a 25,120sf addition was built consisting of three (3) stories. Both of the buildings have their own elevator for exclusive use.
#384823

Bozeman

77 Discovery Drive

None Beds

None Baths

34,304 Sq.Ft.

$12,100,000

MLS#: 384823

Tucked into the pristine alpine wilderness of Montana, this One&Only Moonlight Basin Private Home offers a rare fusion of striking contemporary architecture and the serene beauty of its natural surroundings. Framed by towering pines and majestic mountain vistas, the residence is intentionally designed to complement its setting—offering a lifestyle that is both immersive and effortlessly luxurious.

This six-bedroom retreat provides expansive indoor and outdoor living, where floor-to-ceiling windows capture uninterrupted views and an abundance of natural light. Roaring fireplaces, refined finishes, and thoughtfully curated details create an atmosphere of warmth, sophistication, and understated elegance.

The open-concept design encourages effortless flow between the interior living spaces and generous terraces, ideal for hosting family and friends or simply relaxing beneath Montana’s vast skies. Whether watching alpenglow settle over the peaks or unwinding after a day of skiing, hiking, or fly fishing, this residence serves as a refined mountain escape in every season.

Positioned within the exclusive One&Only Moonlight Basin resort, owners enjoy access to a premier suite of amenities—from world-class dining and wellness offerings to curated outdoor experiences—all delivered with the globally renowned service that defines the One&Only brand.

This is more than a home—it’s a private sanctuary in one of the American West’s most captivating landscapes.
#400757

Big Sky

#2 One&Only Private Home

6 Beds

1 Baths

4,754 Sq.Ft.

$11,940,000

MLS#: 400757

Nestled in the heart of one of Southwest Montana’s most coveted and scenic regions, MJS Ranch offers an exceptional opportunity to own 1,416± acres in the stunning Madison Valley, just outside Cameron and 20± minutes from the charming town of Ennis. This end-of-the-road property is bordered by 2.5± miles of National Forest and wilderness area, ensuring unmatched privacy and direct access to thousands of acres of pristine wilderness. From nearly every vantage point on the ranch, breathtaking panoramic views stretch across the Madison Valley and out to the towering peaks of the surrounding mountain ranges, creating a majestic and inspiring backdrop. The world-famous Madison River, offering blue ribbon trout fishing, is just 7± miles from the ranch entrance at the Varney Bridge Fishing Access.

The ranch is graced with over 2 miles of Tolman Creek and half a mile of Mill Creek, providing excellent water resources for stock and wildlife. The land is well-suited for productive agricultural use with approximately 100± acres under pivot and 50± acres under flood irrigation. It supports a viable cattle operation with capacity for 80 pairs, bolstered by two additional summer grazing leases.

Improvements on the property include a beautifully crafted 3,100± square foot main home, featuring three bedrooms, three and a half bathrooms, a home theater, and an attached two-car garage with ample storage. The secondary residence, a 896± square foot cabin, offers four bedrooms and two bathrooms, making it ideal for guests or a manager’s quarters. The ranch is well-equipped for equestrian and agricultural use, with an indoor riding arena housing seven stalls, a tack room, a barn, a hay shed, an equipment shop, and corrals.

Located just over an hour from Bozeman Yellowstone International Airport and Yellowstone National Park’s West Entrance, this rare offering balances serene seclusion with excellent access to Montana’s world-renowned amenities and landscapes.
#402808

Cameron

327 Granger Road

3 Beds

3 Baths

3,099 Sq.Ft.

$11,900,000

MLS#: 402808

Nestled in the heart of one of Southwest Montana’s most coveted and scenic regions, MJS Ranch offers an exceptional opportunity to own 1,416± acres in the stunning Madison Valley, just outside Cameron and 20± minutes from the charming town of Ennis. This end-of-the-road property is bordered by 2.5± miles of National Forest and wilderness area, ensuring unmatched privacy and direct access to thousands of acres of pristine wilderness. From nearly every vantage point on the ranch, breathtaking panoramic views stretch across the Madison Valley and out to the towering peaks of the surrounding mountain ranges, creating a majestic and inspiring backdrop. The world-famous Madison River, offering blue ribbon trout fishing, is just 7± miles from the ranch entrance at the Varney Bridge Fishing Access.

The ranch is graced with over 2 miles of Tolman Creek and half a mile of Mill Creek, providing excellent water resources for stock and wildlife. The land is well-suited for productive agricultural use with approximately 100± acres under pivot and 50± acres under flood irrigation. It supports a viable cattle operation with capacity for 80 pairs, bolstered by two additional summer grazing leases.

Improvements on the property include a beautifully crafted 3,100± square foot main home, featuring three bedrooms, three and a half bathrooms, a home theater, and an attached two-car garage with ample storage. The secondary residence, a 896± square foot cabin, offers four bedrooms and two bathrooms, making it ideal for guests or a manager’s quarters. The ranch is well-equipped for equestrian and agricultural use, with an indoor riding arena housing seven stalls, a tack room, a barn, a hay shed, an equipment shop, and corrals.

Located just over an hour from Bozeman Yellowstone International Airport and Yellowstone National Park’s West Entrance, this rare offering balances serene seclusion with excellent access to Montana’s world-renowned amenities and landscapes.
#402750

Cameron

327 Granger Road

3 Beds

3 Baths

3,099 Sq.Ft.

$11,900,000

MLS#: 402750

Nestled in the heart of Moonlight Basin, this exclusive One&Only Private Home offers an unparalleled blend of contemporary elegance and natural beauty. This six-bedroom sanctuary seamlessly integrates with the breathtaking landscape of Big Sky, where majestic forests and towering peaks set the stage for a life of serenity and adventure.

Step inside and be captivated by the expansive, light-filled spaces that flow effortlessly from one room to the next. Floor-to-ceiling windows invite the outside in, offering panoramic views of snow-capped mountains and dense evergreen forests. Cozy up by one of the roaring fireplaces, or step out onto the beautifully designed outdoor spaces—perfect for enjoying Montana’s pristine air and stunning scenery.

These residences epitomize modern mountain living with timeless finishes that exude sophistication and warmth. Whether you're hosting family and friends or seeking a peaceful retreat, this home provides the ultimate setting for relaxation and rejuvenation after a day of exploring the great outdoors.

Experience the extraordinary lifestyle that awaits in one of Big Sky's most coveted locations—a private haven where luxury meets wilderness.
#395338

Big Sky

#15 One&Only Private Home

6 Beds

1 Baths

4,754 Sq.Ft.

$11,750,000

MLS#: 395338

Set within the serene alpine landscape of Moonlight Basin, Private Home #42 offers a refined mountain retreat where modern architecture and natural beauty coexist in perfect balance. Designed by the acclaimed firm Olson Kundig, the residence reflects a thoughtful approach to scale, light, and connection to the land.

Spanning approximately 4,020 square feet, this five-bedroom home features open, light-filled interiors framed by floor-to-ceiling windows that capture sweeping mountain views. Warm natural materials, clean architectural lines, and inviting fireplaces create an atmosphere that is both contemporary and deeply comfortable.

Indoor living spaces flow seamlessly to outdoor terraces and lounges, offering ideal settings for entertaining or quiet moments of reflection amid Montana’s changing seasons. Whether returning from a day on the slopes or enjoying summer evenings under expansive skies, this home is designed to elevate everyday living.

Located within One&Only Moonlight Basin, owners enjoy access to exceptional amenities, curated experiences, and the legendary service that defines the One&Only lifestyle.
#407783

Big Sky

#42 One&Only Private Home

5 Beds

5 Baths

4,006 Sq.Ft.

$11,500,000

MLS#: 407783

12 Penny Lane — Gallatin Gateway, Montana
Net Leased Showroom & Fabrication Facility
Single Tenant | Purpose Built | Resort Market Exposure
Offered at $10,959,000.
7.25% Cap Rate
Executive Overview
12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth.
Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security.
Investment Highlights
• 100% Occupied, Single Tenant Asset
New arm’s length lease with established operating tenant
• Strong In Place Cash Flow
Net Operating Income of approximately $819,726.
• Modified NNN Lease Structure
Flat $3.00/SF expense recovery with no annual reconciliation
• Annual Rent Growth
3% annual escalations on base rent
• Purpose Built, Non Commodity Real Estate
Irreplaceable showroom and fabrication infrastructure
• High Barrier Resort Market Location
Limited competing inventory for comparable uses
• Replacement Cost Support
Insured building replacement value of $7.29M (exclusive of land)
Property Description
Address: 12 Penny Lane, Gallatin Gateway, MT 59730
Property Type: Commercial — Showroom / Fabrication / Warehouse
Total Rentable Area: 38,563 SF (inside wall measurement)
• Office / Showroom: 16,288 SF
• Warehouse / Fabrication: 23,823 SF
The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built out showroom departments serving architects, designers, and high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.
#409921

Gallatin Gateway

12 Penny Lane Lane

None Beds

None Baths

40,111 Sq.Ft.

$11,307,000

MLS#: 409921

Located on 1.07 acres in the desirable Elkridge neighborhood of Spanish Peaks Mountain Club, 755 Eagle View Trail offers a beautifully crafted mountain retreat with approximately 4,624± square feet of living space and spectacular views of the Spanish Peaks, including the stunning Wilson Peak. Built in 2014, this thoughtfully designed ski-in/ski-out home blends timeless mountain architecture with comfortable modern living.

The main level features an inviting open-concept living space with kitchen, dining, and family room, centered around a striking rock fireplace and framed by a large picture window that captures breathtaking alpine views. Rich woodwork and exceptional craftsmanship are showcased throughout the home. This level also includes one bedroom, a full bath, powder room, laundry area, and direct garage access.

The lower level provides generous accommodations with three additional bedrooms, three bathrooms, and a spacious family room. After a day outdoors, relax in the private hot tub located just off the lower level and enjoy the peaceful mountain setting.

Ideally positioned for easy ski access, this home offers a perfect base for year-round mountain adventures.

Ownership includes the opportunity to join the Spanish Peaks Mountain Club, one of the region’s premier private clubs, with the option of either Golf or Social Membership. Members enjoy an exceptional array of amenities including a Tom Weiskopf-designed championship golf course, ski access to Big Sky Resort, clubhouse dining, fitness facilities, and year-round outdoor recreation. The community continues to evolve with the highly anticipated Aspire building scheduled for completion this summer, which will further elevate the club experience with new luxury amenities and gathering spaces.

Combining spectacular views, thoughtful design, and access to world-class amenities, this Elkridge residence offers an exceptional opportunity to experience the best of mountain living.

Contact your favorite, local Big Sky real estate professional to arrange a private tour today.
#409143

Big Sky

755 Eagle View Trail

4 Beds

3 Baths

4,624 Sq.Ft.

$11,150,000

MLS#: 409143

This extraordinary 146± acre estate is the crown jewel of North Pass Ranches, Bozeman’s premier, gated luxury ranch community. Ideally situated just 15 minutes from downtown Bozeman, this legacy property offers a rare combination of privacy, accessibility, and unmatched natural beauty. As the original founder’s location and the most coveted site within the ranch, it occupies a commanding ridgeline with panoramic views stretching across the Gallatin, Madison, and Tobacco Root ranges, as well as the iconic Absaroka-Beartooths and the sweeping Bozeman valley below.

At the heart of the property lies a masterfully updated 8,000± square foot main residence, designed to inspire. Soaring ceilings up to 31 feet frame expansive living spaces, anchored by a gourmet chef’s kitchen outfitted with top-tier appliances and a dramatic main-level primary suite featuring a spa-caliber en suite bath, oversized walk-in dressing room, and a striking fireplace. Finishes throughout speak to a refined mountain aesthetic—leathered quartzite countertops, reclaimed oak ceiling beams, custom light fixtures, and premium designer details at every turn.

A separate 3,000± square foot guest house includes 4 bedrooms, 3 bathrooms, and an attached two-car garage, offering space for extended family, friends, or on-site staff. Designed for the equestrian enthusiast, the property features a heated 14,560± square foot indoor riding arena with five stalls, two foaling stalls, a tack room, bathroom, kitchen, and ample equipment storage. The grounds include brand-new fencing, multiple pastures, and direct access to miles of private riding and hiking trails that wind throughout North Pass Ranches and into State of Montana land.

Owners within the ranch community enjoy over 9 miles of private trails, stocked fishing ponds, a full-time on-site ranch manager, and shared amenities ideal for gathering, recreation, and solitude alike. Wildlife abounds—moose, elk, deer, and bear are regular visitors—enhancing the deep connection to nature this property offers.

This is more than just the finest location within North Pass Ranches—it’s a rare chance to secure a legacy estate in one of Montana’s most sought-after landscapes. The blend of luxury, land, and location simply has no equal. As an added advantage, Montana has no sales tax, making ownership even more appealing for buyers seeking both an extraordinary lifestyle and meaningful financial efficiency.
#409003

Bozeman

1221 Green Valley Way

4 Beds

3 Baths

8,156 Sq.Ft.

$10,950,000

MLS#: 409003

A Legacy Estate Above It All

Commanding one of the most breathtaking vantage points in Big Sky, 168 Charlie Russell is an exquisitely artisan-crafted, hand-hewn log estate—an offering reserved for those who value privacy, provenance, and permanence. Set within the gated enclave of Big EZ Estates and spanning 20 pristine acres, this is a rare opportunity to acquire a true Montana legacy home with the ability to obtain a golf or ski/social membership at Spanish Peaks Mountain Club.

At 7,434± square feet, the residence captures sweeping, cinematic views of Yellowstone National Park and the Spanish Peaks—where sunrises, moonrises, and alpenglow sunsets become part of daily life.

Designed for both grand entertaining and intimate retreat, the home features five bedrooms, five full baths, and two powder rooms, complemented by six interior fireplaces, an outdoor fireplace, a landscaped fire pit, and a new hot tub for four-season enjoyment. Four private primary suites—each with its own fireplace, outdoor access, and individual climate control—offer hotel-level comfort and exceptional privacy for owners and guests alike. A charming timber-frame bunk room with en-suite bath adds warmth and character for family gatherings.

The main level unfolds with soaring ceilings, a dramatic floor-to-ceiling stone fireplace, expansive living and dining spaces, and a gourmet kitchen outfitted with premium appliances and generous prep areas—ideal for entertaining at scale. An executive office with private deck access sits just off the great room and primary suite, blending productivity with inspiration. The primary suite itself is a sanctuary, featuring a fireplace, spa-like bath, walk-in closet, and private deck overlooking the peaks.

The lower level is dedicated to recreation and relaxation, offering a spacious family room, wet bar, pool table, additional fireplace, and seamless access to outdoor living—where the hot tub and fire pit invite evenings under Montana’s vast sky. A wrap-around deck, multiple patios, and tranquil mountain vistas complete the experience.

With 20 acres of usable land, room for future enhancements, remarkable privacy, and immediate proximity to the world-class amenities of Big Sky, 168 Charlie Russell embodies the very essence of the Big EZ lifestyle. Timeless, irreplaceable, and uncompromising—this is not simply a residence, but a legacy to be stewarded for generations.
#407313

Big Sky

168 Charlie Russell Loop

5 Beds

5 Baths

7,434 Sq.Ft.

$10,950,000

MLS#: 407313

Located in the sought-after Timbers Neighborhood at Moonlight Basin, this 6-bedroom, 5.5-bathroom home offers prime ski-in, ski-out access and is surrounded by mature pines with stunning views from every room. Explore the surrounding wilderness out your back door on skis, bike, or simply on foot. Immaculately maintained and used by only one family, this is the first Timbers home to be available in nearly three years—a rare opportunity. Just minutes from Ulery’s Lake, LakeLodge, and the new One&Only Moonlight Basin, you’ll enjoy convenient access to dining, fitness, pools, hot tubs, steam rooms, and more. A Signature Membership is available with the purchase of this Timbers home.
#398074

Big Sky

4 Diversion Lane

6 Beds

2 Baths

4,950 Sq.Ft.

$10,750,000

MLS#: 398074

Commercial Income Property with Development Upside
Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors.
The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand.
Property Overview
• Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718
• Property Type: Commercial — Retail, Showroom & Warehouse
• Total Building Size: 33,400 SF (five condo units)
• Land Area: 2.777 acres (two parcels)
• Frontage: 337 feet on US Highway 191 South
• Occupancy: 100% leased

Development Upside
The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements.

Cap Rate 7.25% Building & 11,518 SqFt Development parcel.
#409918

Bozeman

81211/ 13 Gallatin Road

None Beds

None Baths

33,400 Sq.Ft.

$10,518,000

MLS#: 409918

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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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