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A masterpiece of sustainable design, this exceptional, gated estate redefines sophisticated Western living. Envisioned for the connoisseur of quiet opulence, the residence seamlessly integrates state-of-the-art geothermal and a comprehensive, seller owned, solar array, culminating in an astonishing operational cost of approximately $60 per annum.
Commanding the landscape from 20 private acres, the property offers uninterrupted 360-degree panoramas of the Bridger Mountains, Horseshoe Hills, Tobacco Root, and Gallatin Ranges. Every aspect of this sanctuary exudes refined elegance, blending rustic textures with modern functionality and premium finishes.
For the equestrian, a beautifully appointed 3-stall barn with auto waterers, wash facility, tack room, 60ft arena, and 3 fenced pastures with dry lots await. The discerning amateur astronomer will appreciate the private observatory with Meade 12in RCX goto telescope, location offering pristine, dark skies.
Inside, discover an open-concept, 4B|4B single-level layout featuring a chef's kitchen with double sinks, abundant storage with large walk-in pantry, Green Energy fireplace, luxury primary suite with his and hers vanities, whole house in-floor radiant heat, AC, a dedicated theater room with stadium seating, a professional subterranean heated and cooled greenhouse and workshop. The expansive covered patio overlooks a backyard oasis with irrigated landscape beds and lawns, a garden, and a custom gas fire pit, capturing some of the most commanding mountain vistas in the region. Located near 2 world-class fly fishing rivers, Bozeman, Big Sky, and Yellowstone International Airport. Additional amenities include a security camera system, quad insulated windows with UV block, newer 50year roof, newly upgraded well pump system, Generac generator, and the ability to subdivide. NO HOA. MINIMAL Covenants. This is more than a home; it is an experience of unparalleled quality, privacy and bespoke tranquility."
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#408062

Manhattan

9670 Prairie Rd

4 Beds

2 Baths

4,023 Sq.Ft.

$2,999,000

MLS#: 408062

Prime Investment Opportunity in Downtown Bozeman. Discover exceptional potential with this 14,000 sq ft commercial building located just one block off Main Street in the heart of Downtown Bozeman. Situated within B-3 zoning, the property offers tremendous development flexibility, including no minimum parking requirements and building height allowances up to 70 feet—a rare combination that significantly enhances its long-term redevelopment potential.
The property also features a paved parking lot—an increasingly valuable asset in the downtown core—along with a versatile interior layout. Currently configured with multiple private offices, a reception area, and a conference room, the building is well suited for a wide range of professional, office, or service-oriented uses.
Whether you're an investor seeking stable income, an owner-user looking for a premier downtown location, or a developer envisioning a future mixed-use project, this property offers exceptional flexibility and upside. Capitalize on a rare opportunity to own a strategically located asset in one of Bozeman's most sought-after commercial districts, combining immediate functionality with outstanding long-term investment potential.
#407483

Bozeman

125 W Mendenhall

None Beds

None Baths

14,000 Sq.Ft.

$3,800,000

MLS#: 407483

This contemporary 2020-built home in the desirable Elk Grove Subdivision sits on over a third of an acre and offers a blend of comfort, style, and thoughtful upgrades. Recent improvements include new interior paint, new carpet, a new Bluetooth central air system, and a newly installed soft-water system with a whole-house chlorine-removing carbon filter, providing added efficiency and convenience.
Large windows and dual sliding patio doors fill the main level with natural light, while a gas fireplace creates a warm and inviting focal point. The spacious kitchen features stainless steel appliances, granite countertops, a tile backsplash, pull-out cabinet shelving, and a walk-in pantry for exceptional storage.
The main level includes a comfortable guest bedroom with a walk-in closet and private access to the 3/4 bath. Upstairs, the primary bedroom offers a relaxing retreat with a soaking tub, walk-in shower, and large walk-in closet. Three additional bedrooms and a spacious bonus room provide versatile options for a variety of needs, whether for work, recreation, or additional sleeping space.
Outside, enjoy the fully fenced yard, included hot tub, and expansive Montana views. A backyard shed and extra garage storage add even more functionality. With its modern updates, generous layout, and well-designed outdoor space, this property is truly move-in ready.
#411894

Bozeman

121 Laura Court

5 Beds

3 Baths

2,892 Sq.Ft.

$1,095,000

MLS#: 411894

North Pass Ranches offers something exceptionally rare in the Bozeman market: the privacy and freedom of expansive ranch ownership paired with established infrastructure, thoughtfully curated amenities, and dedicated on-site stewardship.

The community has been thoughtfully designed to support an active ranch lifestyle. Amenities include a full-time ranch manager on-site, Ranch Headquarters, equestrian facilities, stocked fishing ponds,  and more than 10 miles of developed horseback-riding and hiking trails winding throughout the property. Owners also benefit from direct access to a full section of State of Montana land—approximately 640 additional acres—that is otherwise landlocked and therefore experiences very limited public use.

Quietly tucked among fragrant pines, Parcel 12 enjoys a peaceful sense of seclusion while remaining conveniently close to Ranch Headquarters and the community’s equestrian facilities. Open pastureland and panoramic mountain views create an exceptional setting for a custom residence, horses, and livestock. With paved roads extending all the way from Bozeman, plus wells and power already brought to every homesite, North Pass offers a level of readiness rarely found among large-acreage properties—making each parcel truly build-ready.

Elk, moose, deer, bears, and other native wildlife regularly move through the ranch’s natural corridors, reinforcing the extraordinary connection to the landscape. Whether riding from the equestrian facilities, fishing the ponds, exploring miles of trails, or simply taking in the views from home, North Pass offers a lifestyle that extends far beyond the boundaries of an individual parcel.

The scale, setting, and lifestyle of North Pass are difficult to fully capture through photographs or words. This is a property—and a community—that truly must be experienced in person.
#411031

Bozeman

Ranch 12 North Pass Ranches

None Beds

None Baths

68.0 acres

$3,175,000

MLS#: 411031

Classic charm, generous living space, and endless potential come together at 604 Robin Lane. This well-cared for west-side home offers 2,646 square feet with inviting living areas, abundant natural light, and beautiful mature trees. The finished basement provides additional flexible living space, including a large family room and non-conforming bedroom, while the mature yard, private patio, and oversized garage make everyday living comfortable and convenient. Whether you're looking to move right in or personalize the home over time, this property offers a rare opportunity to own in an established Livingston neighborhood close to schools, parks, and downtown.
#413632

Livingston

604 Robin Ln

3 Beds

1 Baths

2,646 Sq.Ft.

$559,000

MLS#: 413632

Rare 3.017-acre Boulder Valley homesite just one mile from Big Timber with Boulder River access. This exceptional parcel offers legal access, power available to the lot, feasible well and septic, city water and natural gas available, light covenants, no known floodplain, and a clean, usable building site with beautiful valley, mountain, and pastoral views. Enjoy mature trees, open meadow ground, and the peaceful setting that makes the Boulder Valley one of Sweet Grass County’s most desirable locations. Water rights and Boulder River access add tremendous recreational appeal, with the renowned Boulder River known for outstanding trout fishing and Montana scenery. A hard-to-find opportunity to build your dream home or retreat close to town while enjoying privacy, views, water, and access to one of the area’s most treasured river corridors.
#411509

Big Timber

3 Fishing Hole DR

None Beds

None Baths

3.01 acres

$424,900

MLS#: 411509

Nestled in one of Bozeman’s most sought-after “Old Bozeman” neighborhoods, this iconic 4-bedroom, 2-bath home offers the perfect blend of timeless character, thoughtful updates, and an unbeatable location.  This property is just steps away from the Gallagator (Main Street to the Mountains) Trail, Langohr Gardens + Climbing Boulder, and the Natural Park + Creek.  Walk to Montana State University and/or Downtown BZN... this is a rare opportunity to own a home in the heart of it all!

Inside you’ll find 1,965 sq ft of inviting living space featuring an updated kitchen, new tile flooring, and in addition to the hot water baseboard boiler system, a classic Jotul gas fireplace with a stunning brick surround that creates a warm, welcoming focal point.  The flexible floor plan includes a private ground-level bedroom suite complete with it’s own entrance, bathroom and kitchenette—ideal for guests, multi-generational living, a home office, or potential rental opportunities.  

Upstairs, three comfortable bedrooms and a full bath provide plenty of space for family or visitors.  Outside, the property truly shines.  The front yard is beautifully landscaped to create exceptional curb appeal and privacy, while the enchanting backyard is a gardener’s dream.  Established perennial gardens, vegetable beds, mature modern landscaping, two storage sheds, and attractive fencing create a peaceful outdoor retreat.  The spacious back deck is the perfect sanctuary for romantic evening dinners, entertaining friends, or simply relaxing among the gardens.

Complete with a one-car garage and located in one of Bozeman’s most beloved neighborhoods, this home offers charm, walkability, and lifestyle that make Bozeman so desirable.  Whether you’re looking for a forever home, an investment in an exceptional location or a property full of character and flexibility, this iconic Bozeman gem is one you won’t want to miss.
#413404

Bozeman

1211 S Black Avenue

4 Beds

2 Baths

1,965 Sq.Ft.

$799,000

MLS#: 413404

Discover the perfect blend of space, comfort, and value in this beautifully maintained 5-bedroom, 2-bath home situated on a rare 14,000+ sq. ft. lot. With numerous recent upgrades—including a newer roof, furnace, flooring, and appliances—you can enjoy peace of mind while moving right in. The spacious layout offers plenty of room for families, guests, or a home office, making it ideal for a variety of lifestyles. Outside, you'll appreciate the expansive yard, offering endless possibilities for entertaining, gardening, or future additions. The property is partially fenced and features an underground sprinkler system, along with a covered drive-through carport, an attached double-car garage, and abundant off-street parking. Whether you have multiple vehicles, an RV, boat, trailer, or recreational toys, there's room for it all. Opportunities like this don't come along often. With its generous lot size, extensive updates, and exceptional parking and storage options, this home offers the space and flexibility today's buyers are looking for.
#413175

Anaconda

1908 Hamburg Street

5 Beds

2 Baths

2,380 Sq.Ft.

$430,000

MLS#: 413175

New Listing July 1, 2026- A Great  Get-away Home with an amazing view of the Ruby Reservoir just out Alder Montana. So many and diverse outdoor activities are so close to this property - Hunting for Garnets along the banks of Ruby Reservoir to riding your side-by-side to the nearby BLM and Forest Service.  If you want to hunt big game this property is in just the right spot.  Fly fishing the Ruby River, the first of 3 fishing accesses between this property and Alder, is just 1/2 mile from home, Water ski, jet ski, wind surf and lake fishing all available just out the front door.  Winter activities include Ice Fishing and snow mobiling. This home has approx. 820+/- sf and 270+/- s.f of covered deck for outdoor living space with pretty amazing views.  Each of the 2 bedrooms have currently bunk beds with the sofa pull-out bed in the living space for your guests.  Seller will include most furnishings (no head mounts or personal possession) with a full price offer.  With no covenants so no restriction on Short Term rentals  for those want to use this property occasionally.  A second home/cabim is already permited for a septic system and site pad is currently  being created by owner.
There is plenty of space, fenced in below the cabin with gravel to water hydrant and plenty of room for your kayak, canoes, side-by-sides or parking for large gatherings.  Call for a showing or view this property.  Updated video tour will be available soon!
#412819

Alder

747 Upper Ruby Road

2 Beds

1 Baths

820 Sq.Ft.

$470,000

MLS#: 412819

Price reduced
Completely renovated in 2021, this fully remodeled and meticulously maintained 2-bedroom, 2-bathroom home at 409 Cover Street offers modern comfort and thoughtful design in the heart of historic Virginia City, Montana. Major updates include a new furnace, central air conditioning, ductwork, all-new appliances, including a high capacity washer and dryer, and a new hot water heater and water filtration system installed in 2026. The well-designed floor plan makes exceptional use of every square foot, creating a home that feels both efficient and inviting.

The bright interior features updated finishes throughout, including a beautifully tiled walk-in shower, vaulted ceilings in the primary bedroom, and central air conditioning for year-round comfort. Every detail reflects pride of ownership, making this a truly move-in-ready property.

Outside, the fully fenced yard is designed for both relaxation and entertaining, with two covered outdoor living areas featuring beautiful redwood decking. The property also offers off-street parking for three or more vehicles and beautifully maintained landscaping.

Located in southwest Virginia City, the home provides convenient access to thousands of acres of surrounding public lands for hunting, hiking, ATV riding, horseback riding, and endless outdoor recreation. As the county seat of Madison County, Virginia City is one of Montana's most iconic historic communities, celebrated for its rich mining history, preserved Western character, community events, and welcoming small-town atmosphere.


Whether you're searching for a full-time residence, a Montana getaway, or an investment opportunity, this turnkey home offers the perfect blend of modern updates, historic charm, and outstanding access to everything Southwest Montana has to offer.
#411661

Virginia City

409 W Cover Street

2 Beds

2 Baths

1,055 Sq.Ft.

$376,000

MLS#: 411661

Welcome to the historic Stephens Hotel Building, an exceptional mixed-use investment opportunity located at 140–146 W Park Street in the heart of Uptown Butte, Montana. Positioned at the highly visible corner of Park Street and Montana Street, this landmark property has been thoughtfully renovated to preserve its historic character while incorporating modern systems and finishes throughout.
The building has undergone extensive improvements, including new plumbing, electrical, heating, and major infrastructure upgrades, creating a truly turn-key investment with immediate income and long-term appreciation potential.
The second and third floors feature 10 beautifully renovated residential apartments, designed to appeal to today's tenants while maintaining the building's original architectural charm. Spacious layouts, abundant natural light, modern kitchens with stainless steel appliances, updated bathrooms, and restored historic woodwork create an attractive living environment. Select units offer in-unit laundry, with additional common laundry facilities available for tenant convenience.
The main level consists of three commercial spaces and is currently occupied by two established restaurant tenants, with one tenant utilizing two of the commercial suites. These long-term tenants provide stable commercial income while benefiting from excellent visibility and strong foot and vehicle traffic along one of Uptown Butte's busiest corridors.
Ideally located just minutes from Intermountain Health, Montana Technological University, the Silver Bow County Courthouse, NorthWestern Energy Headquarters, and numerous local shops, restaurants, breweries, pubs, and entertainment venues, the property enjoys consistent demand from both residential and commercial tenants.
The Stephens Hotel Building delivers an impressive 7.4% cap rate, making it an even more compelling investment opportunity. With stable income, extensive renovations already completed, and additional upside through future rental growth, this property offers the rare combination of strong cash flow, long-term appreciation potential, and historic architectural distinction in one of Montana's most recognizable downtown districts.
Whether you're looking to expand your investment portfolio with a high-performing mixed-use asset or acquire a landmark property with lasting value, the Stephens Hotel Building presents an exceptional opportunity to own one of Uptown Butte's premier income-producing properties.
#413930

Butte

140 W Park

None Beds

None Baths

N/A

$2,600,000

MLS#: 413930

Welcome to 1115-1117 W Park Street! This well kept, well maintained duplex is in a prime location, just two blocks from Montana Tech, and presents a great investment opportunity or live in one while the other pays your mortgage! 1115 has two upstairs bedrooms, 1 bathroom, in unit laundry, and an open living room dining area on the main with a large kitchen.  There is plenty of storage and a shared back yard with a brand new patio.  It was rented until the first of August for $1400.  All furnishings in 1115 are negotiable.  1117 is rented month to month and has a similar layout, thought the upstairs has one larger bedroom and bathroom.  Together the two have a 6% cap rate when fully rented, but the sellers wanted one side to be easier to show.  With its location in walking distance to everything Uptown Butte has to offer, this property is a truly awesome opportunity!  There is a brand new patio out the back doors with a shared back yard. And most importantly, the roof was also recently completely redone.  Close on this one and move in/rent it out the same day!
#413710

Butte

1115-1117 W Park Street

None Beds

None Baths

N/A

$357,000

MLS#: 413710

This 1977 manufactured home is on a permanent foundation and has been updated with new paint, new flooring, furnace, windows, and some wiring and plumbing.  The main living area feels spacious with a raised living room and a dinette table that fits the space perfectly.  The kitchen has ample cabinet space and you will love the view out of your kitchen window!  There are sliding doors to the back deck, and the 1 acre property feels expansive and private.  All 3 rooms are nicely sized with closets, and the bathroom and laundry are located right next to the master.  The property shares a well with the neighbors but has a private septic system.  There are also underground sprinklers, though the seller is unsure if they work.  There is a shed that comes with the property as well.  A home with acreage for under $300k!  Don't miss this opportunity!
#406929

Butte

140 Shoestring Annie Road

3 Beds

1 Baths

980 Sq.Ft.

$280,000

MLS#: 406929

This charming house is perfect for someone looking for a small family home or for an investment property near everything Uptown Butte has to offer.  The current owner has put in new concrete for the front porch, a new back deck and stairs, new hot water heater, and brand new furnace.  The house feels cozy and warm and the views are fantastic.  When you walk into the brightly lit living and dining room, you'll want to stay a while!  The kitchen is a combination of old and new with original cabinets and new appliances.  The main floor bedroom has an entire wall of built in cabinetry and closet space and is large enough for a king size bed.  The bathroom has been updated as well and the new lighting throughout keeps to the house's historical character.  Head downstairs for storage galore and walk outside and enjoy the sunshine and privacy as there are no neighbors directly to the south on Edison Street.  Or, head upstairs to the second bedroom with original wood floors and incredible views from both windows on opposite sides.   527 Edison can't wait to welcome you home!
#412425

Butte

527 Edison Street

2 Beds

1 Baths

2,049 Sq.Ft.

$315,000

MLS#: 412425

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

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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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