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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

Set against the dramatic backdrop of the Bridger Mountains, Tepee Ridge Road is a rare legacy offering in the heart of coveted Bridger Canyon. Spanning approximately 97± deeded acres of rolling meadows, native grasses, and wildlife-rich landscape, this extraordinary property captures the essence of Montana living—where privacy, natural beauty, and convenience converge just minutes from both Downtown Bozeman and Bridger Bowl Ski Area. The estate is thoughtfully designed as a multi-generational retreat, anchored by a beautifully updated 5,386± square foot mountain modern main residence that blends timeless craftsmanship with warm modern elegance. Expansive windows frame sweeping views of the Bridger and Spanish Peak mountain ranges while filling the home with natural light. Reclaimed oak flooring, vaulted ceilings, stacked stone fireplaces, custom crafted Mahogany cabinetry, and refined designer finishes create an inviting atmosphere equally suited for intimate evenings or large-scale entertaining. Designed primarily for single-level living, the main residence offers multiple gathering spaces, a luxurious primary suite with a private covered deck, and seamless indoor-outdoor connectivity through expansive stone patios overlooking the surrounding meadows and mountain ranges. Complementing the main home is a charming 1,441± square foot guest residence featuring two bedrooms, two bathrooms, a heated garage, and warm interior finishes ideal for hosting family and guests in complete comfort. Additional improvements include a greenhouse, expansive shop, and large toy/RV barn, offering abundant space for recreation, equipment, horses, or outdoor pursuits. Wildlife thrives throughout the property, with elk, deer, sandhill cranes, and raptors frequently seen across the landscape, further enhancing the property’s remarkable sense of serenity and connection to nature. Tepee Ridge Road represents not only an exceptional lifestyle opportunity, but also a lasting investment in one of Montana’s most treasured landscapes.
#411460

Bozeman

7180 Tepee Ridge Road

3 Beds

1 Baths

5,386 Sq.Ft.

$11,000,000

MLS#: 411460

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

Imagine starting every morning with the gentle sound of the Gallatin River flowing just beyond your window. Eagles soar overhead, elk wander nearby, and the surrounding mountains glow with the first light of day. This is a chance of a lifetime to own a piece of the last best place in Montana! Gallatin River Homestead in Big Sky is nestled along the tranquil banks of the Gallatin River. This 12.44± acre property offers unparalleled opportunities unlike any other. With over a quarter mile of pristine riverfront at your doorstep, indulge in world-class trout fishing right from your backyard. Bordered by expansive National Forest lands to the south and perfectly suited for the equestrian lifestyle, this exceptional retreat offers sweeping mountain views, unmatched privacy, and a peaceful sense of seclusion. Despite its secluded setting, convenience is never compromised. Just a few minutes' drive away, Big Sky Town Center offers a host of amenities, including shopping, dining, and entertainment, ensuring the perfect balance of a wilderness escape and modern comfort. Another 10 minutes up the road awaits the “Biggest Skiing in America”, Big Sky Resort. Set upon 12.44± acres are three separate, contiguous deeded parcels. Two of the parcels are already improved with residences, while the additional five-acre undeveloped parcel offers exceptional flexibility to build on, preserve open space for added privacy, or retain it as a valuable long-term investment. Designed for gathering and making memories, this unique property includes two beautifully appointed homes. The stunning 3,698-square-foot custom log residence features three bedrooms and three-and-a-half baths, while the detached 2,886-square-foot guesthouse offers three bedrooms, a large bunkroom downstairs, and three baths, perfect for hosting family and friends or creating a private retreat. Every season tells a different story here. Winter brings unforgettable days on the slopes of Big Sky Resort; spring awakens the Gallatin River with world-class fly fishing; summer invites endless exploration through Yellowstone and the adjacent National Forest; and autumn paints the mountains in brilliant color. No matter the time of year, this extraordinary property serves as your private gateway to the very best of Montana's outdoor lifestyle.
#412131

Big Sky

42530 Gallatin Road

3 Beds

1 Baths

3,697 Sq.Ft.

$10,900,000

MLS#: 412131

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

Well-finished, ±29,724 square foot office building situated on ±3.03 acres at the southern edge of Bozeman. The property is located within Bozeman’s Opportunity Zone, just south of Montana State University. Built in 2000, the building can easily be adapted into a multi-tenant building, though it is currently fully leased to tenants Inhealth Life Sciences, Bozeman Health, and Proper Insurance. Proper Insurance has already committed to taking the Bozeman Health Space in April when they vacate. The building's layout is based on a central core of restrooms, mechanical, elevator, and a stairwell with offices branching north and south, creating four leasable areas around ±7,000 square feet each. The property is nicely landscaped, with ample parking on site.
#384848

Bozeman

40 Enterprise Boulevard

None Beds

None Baths

29,724 Sq.Ft.

$10,500,000

MLS#: 384848

Price reduced
A Montana Legacy Estate on 20 acres 168 Charlie Russell is an exquisitely artisan-crafted, hand-hewn log estate built and designed to endure the test of time—an offering reserved for those who value privacy, provenance, and legacy. Set within the gated enclave of Big EZ Estates and spanning 20 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, but it is NOT required. At 7,434± square feet with wraparound decks the home 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 5 bedrooms, 5 full baths, and 2 powder rooms, complemented by six interior fireplaces, an outdoor fireplace, a landscaped fire pit, and a new hot tub for four-season enjoyment. 2 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, adjacent executive office 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, workout room 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, ability to build a guest home, remarkable privacy, and immediate proximity to the world-class amenities of Big Sky,168 Charlie Russell embodies the very essence of the Big Sky lifestyle. Timeless, irreplaceable, and uncompromising—this is not simply a residence, but a legacy to be stewarded for generations. Fully furnished and turnkey.
#407313

Big Sky

168 Charlie Russell Loop

5 Beds

6 Baths

7,434 Sq.Ft.

$10,499,000

MLS#: 407313

Embrace Montana’s wild beauty this winter with this fully furnished One&Only Moonlight Basin Private Home, a luxurious retreat crafted to harmonize with nature’s beauty. This five-bedroom, 3,670-square-foot residence merges contemporary elegance with rugged mountain charm, seamlessly integrating with the breathtaking surroundings of Big Sky’s wilderness and iconic peaks. Floor-to-ceiling windows invite expansive views of the snow-capped mountains, filling the home with natural light and a deep sense of tranquility. Impeccable finishes, lovely furnishings and art throughout, cozy fireplaces, and stunning outdoor spaces make this a sanctuary of both sophistication and comfort—a perfect retreat for family gatherings or intimate escapes. Ownership here extends beyond the home, offering privileged access to exclusive amenities through Moonlight Basin Club and One&Only Moonlight Basin. Experience world-class skiing with ease through your private ski locker and direct Gondola access from One&Only Sky Lodge and Big Sky’s Madison Village, a private Jack Nicklaus Signature Golf Course, and miles of hiking/biking/Nordic trails that wind through the breathtaking terrain. Delight in lakefront activities, from paddleboarding and canoeing to serene fly fishing. In winter, enjoy snowshoeing, cross-country skiing, and convenient access to the world class skiing at Big Sky Resort, while year-round, the One&Only spa and wellness offerings ensure rejuvenation and relaxation. With exclusive dining experiences, concierge services, and an array of thoughtfully curated adventures, this private home is more than a residence—it’s an invitation to experience the best of Montana’s unparalleled luxury and adventure.
#398061

Big Sky

#33 One&Only Private Home, 14 Boone Trail

5 Beds

1 Baths

3,670 Sq.Ft.

$10,240,000

MLS#: 398061

Gardiner Montana riverfront property. Overlooking the iconic Yellowstone River on 5.5 pristine acres, this exceptional property combines comfortable lodging, a sought-after event venue, and Montana's breathtaking natural beauty into one remarkable offering. With a proven history of successful bookings and a loyal base of returning guests, this is far more than real estate—it's an established hospitality business. Rare opportunity to acquire a fully operating, turnkey vacation rental and wedding/event venue at the gateway to Yellowstone National Park's North Entrance. TWO large lodges and a commercial event venue combine an established short-term rental business with exceptional riverfront real estate. Offering immediate income potential in one of Montana's premier tourism destinations, the centerpiece is a timber-frame event barn completed in 2022, designed to host 100–150 guests and featuring a commercial kitchen, picture windows, loft, and patio. The riverside covered ceremony space and expansive patio showcase sweeping views extending into Yellowstone National Park, creating an unforgettable backdrop for weddings and events. Two custom log homes provide 12 bedrooms and 7 bathrooms, comfortably sleeping 36 guests, with flexible rental options for one lodge, both lodges, or the entire property. The current owners have carefully curated this legacy property for decades. The main lodge tells a unique Montana story: in the early 1990s, the owner used his horse team, Duke and Dan, to harvest the massive logs from the hills across the river and hand-hewn them into the lodge. Today, those logs carry the rich patina only time can create. The property hosts weddings, retreats, corporate gatherings, family reunions, and private events, creating multiple income streams. Guests enjoy Yellowstone National Park just minutes away, along with world-class fishing, floating, hiking, and wildlife viewing. Yellowstone Hot Springs is only 4 miles away, while Chico Hot Springs, Sage Lodge, and fine dining are within 30 minutes. With no covenants, direct river frontage, established income, and hospitality infrastructure already in place, this is a unique investment opportunity in one of Montana's most iconic destinations. Whether you're seeking a strong-performing investment, premier event venue, destination retreat center, or legacy property, this Yellowstone River retreat delivers. Showings will need to work around booked guests. Please watch the video!
#411846

Gardiner

1035 and 1037 US Highway 89 South S

6 Beds

None Baths

9,236 Sq.Ft.

$10,000,000

MLS#: 411846

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