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8 Aspen presents a rare opportunity to acquire an entitled mixed-use development site in Bozeman's Midtown Urban Renewal District. The 1.447-acre, fully assembled property is approved for a six-story, approximately 194,000-square-foot mixed-use development consisting of 289 residential units, approximately 37,000 square feet of ground-floor commercial and amenity space, structured and surface parking, and associated site improvements. The existing zoning (B-2M Community Business District Mixed) may allow additional height and density, subject to City of Bozeman review and approval. Positioned just minutes from Downtown Bozeman, Montana State University, Bozeman Health, Interstate 90, and Bozeman Yellowstone International Airport, the property benefits from convenient access to employment centers, retail, restaurants, recreation, and regional transportation. The site is located within the Midtown Urban Renewal District and may qualify for Tax Increment Financing (TIF) assistance for eligible public infrastructure improvements. Bozeman continues to experience sustained population and employment growth, supporting long-term demand for residential and mixed-use development. With a limited supply of entitled infill development sites remaining near Downtown, 8 Aspen offers the opportunity to advance an approved project while reducing entitlement risk and development timelines. The approved development includes approximately 289 residential units averaging approximately 540 square feet, 37,000 square feet of commercial and amenity space, and approximately 189 parking spaces. Purchasers should independently verify all development rights, zoning regulations, approvals, TIF eligibility, utility capacity, square footage, and all other information material to their intended use through their own due diligence.
#413285

Bozeman

802-910 N 8th Avenue

None Beds

None Baths

1.447 acres

$4,900,000

MLS#: 413285

Discover this picturesque legacy farm located just outside of Bozeman with some of the oldest water rights from Ross Creek. Spanning 313 acres, this sub-irrigated farm offers alfalfa and naked oaks in addition to other crops which ensure income opportunities while maintaining exceptional privacy and breathtaking views of the Gallatin Valley. The conservation easement in place protects the land from development with the exception of an 8-acre build site, ensuring its agricultural and environmental value is preserved for future generations. Adding to its appeal, the South Fork Ross Creek meanders through the property, providing an excellent water source for irrigation and enhancing the scenic beauty of the farm. The 8-acre designated build site on the far north end of the property provides incredible privacy and unobstructed views.
#407612

Belgrade

TBD Penwell Bridge Road

None Beds

None Baths

313.44 acres

$4,875,000

MLS#: 407612

Discover this picturesque legacy farm located just outside of Bozeman with some of the oldest water rights from Ross Creek. Spanning 313 acres, this sub-irrigated farm offers alfalfa and naked oaks in addition to other crops which ensure income opportunities while maintaining exceptional privacy and breathtaking views of the Gallatin Valley. The conservation easement in place protects the land from development with the exception of an 8-acre build site, ensuring its agricultural and environmental value is preserved for future generations. Adding to its appeal, the South Fork Ross Creek meanders through the property, providing an excellent water source for irrigation and enhancing the scenic beauty of the farm. The 8-acre designated build site on the far north end of the property provides incredible privacy and unobstructed views.
#405966

Belgrade

TBD Penwell Bridge Road

None Beds

None Baths

N/A

$4,875,000

MLS#: 405966

1,280 acres with no restrictions, offering easy access directly off Deadmans Canyon Rd. The ranch borders an additional 320 acres of BLM land landlocked within the Hobble Diamond, and sits about 1 hour 15 minutes from Bozeman. Two modest manufactured homes anchor the property, both 1,280 square feet with 3 bedrooms and 2 baths — well suited for multi-generational living, ranch help, or rental income. The newer home was built in 2022 and features central air alongside forced air heat; the second home dates to 1991 and has forced air heat only. Both furnaces run on propane, and each home draws water from its own separate well, giving each residence full independence from the other. Septic service is confirmed and permitted for one home. Fiber optic internet is already run to the property, a rare find for a place this remote. The ranch runs about 100 pairs and another 120 ewes, with 167 tillable acres available for food plots. Multiple springs supply water across the property, and a great trail system allows side-by-side access to the entire ranch. Hunting is a standout feature here; the property falls within general hunting district 515 and offers excellent big-game hunting for elk, deer, and antelope, along with upland birds. For livestock operations, the property includes a substantial calving barn built in 2017, measuring approximately 40' x 80'. Rounding out the improvements are six additional outbuildings supporting day-to-day ranch work, including a chicken coop, tack room, shed, and barnyard fencing and enclosures.
#414630

Reed Point

659 Deadmans Canyon Road

3 Beds

2 Baths

1280.0 acres

$4,840,000

MLS#: 414630

Residence 10 features 3-bedrooms and 3-bathrooms on the lobby level with a lock-off suite and a private balcony. Connected to Montage Big Sky by a private underground passageway, Owners enjoy exclusive resort amenities, dedicated concierge services, and direct ski-in, ski-out access to Big Sky Resort. Ownership also includes membership at Spanish Peaks Mountain Club with two Tom Weiskopf Golf Courses, two members-only Clubhouses, and a robust calendar of year-round events. Offered in deeded one-quarter ownership, each Residence is fully furnished with luxury interiors for an effortless mountain lifestyle.
#405347

Big Sky

824 Settlement Trail 10 B,C,D

3 Beds

3 Baths

1,955 Sq.Ft.

$4,800,000

MLS#: 405347

Some things only time and nature can deliver: mature trees that took decades to grow, a pond at your back door, open nature park, and private river access — all on 1.05 acres in one of Bozeman's most coveted communities. Positioned at the western edge of Bridger Lake Meadows — where the development meets nearly 130 acres of deeded open space and the aptly named Dragonfly Pond borders the lot directly — this is one of the most private and tucked-away positions in the entire community. A walking trail along the southern edge of the property leads directly to the pond, through the nature park, and to private East Gallatin River access. Mature pines anchor the property year-round while deciduous trees along the water ignite in color each fall. Wildlife is a daily presence. The orientation is nothing short of extraordinary: an east-facing sun porch perfectly positioned for Bridger Range sunrises, and a large outdoor living space open to Dragonfly Pond for the evenings — both right at your doorstep. This architectural statement home is worthy of the setting — blending into nature seamlessly while making no compromises on luxury. Natural wood siding, stone masonry, standing seam metal roof, and dramatic black accents read as distinctly Montana from the moment you arrive. A covered entry with stone surround opens into a home built around light, views, and the art of living well. The chef's kitchen anchors the main level — complemented by a fully equipped back kitchen and a dedicated dining room that flows to a private grill porch. The living room centers on a stunning fireplace shared with an adjacent sitting room, creating two distinct spaces with one warm focal point. Floor-to-ceiling windows dissolve the line between inside and out. The back covered patio — framed by an exposed timber truss gable — is where evenings belong: open to the pond, quiet, unhurried. The main level primary suite is its own world — capturing views, his and hers closets, and a spa-caliber bath. A three-car garage leads into a generous mudroom with laundry and a second exterior door. A dedicated gym or office with full bath rounds out this wing. Upstairs, three en-suite bedrooms and a landing sitting area offer everything family and guests could need. Ten minutes from downtown Bozeman. Fifteen minutes from the airport. And a lifetime away from ordinary.
#410758

Bozeman

TBD Bridger Lake

4 Beds

4 Baths

5,065 Sq.Ft.

$4,800,000

MLS#: 410758

Twin Lift Lodge presents a rare legacy opportunity at Big Sky Resort—true ski-in/ski-out access, a turnkey mountain residence and the option to acquire the contiguous .89-acre homesite immediately adjacent to the White Otter lift. Approximately 250 feet from the lift, this 2,944-square-foot mountain retreat offers an exceptional combination of slopeside access, gathering space and year-round recreation in the heart of Mountain Village. Built in 2005, the residence features five bedrooms, three full baths and a powder room, plus additional loft sleeping space above the garage. Warm wood finishes and a gas fireplace define the main living area, while the kitchen is designed for entertaining with a granite island seating up to 10, newly installed gas range and double oven. The main-level primary suite offers a private king bedroom and en-suite bath. Upstairs, three queen bedrooms and a twin-over-twin bunk room are complemented by two full baths and a second living area. Additional loft sleeping space provides flexibility for larger gatherings, with accommodations for up to 18. A proven rental history further enhances the versatility of the property. Outdoor living is equally compelling, with a private hot tub, gas grill and deck capturing mountain and lift-line views. Recent improvements include a new roof, new deck and new custom exterior stonework. A generous ski/mudroom with boot dryer and coat storage, separate laundry, two-car garage and driveway turnaround with parking for up to five vehicles make mountain days remarkably effortless. 28 White Otter Road is offered independently at $4,800,000. For the buyer seeking an even more extraordinary opportunity, the residence and contiguous .89-acre ski-in/ski-out homesite may be acquired together for $5,900,000. Positioned at the end of the cul-de-sac and immediately adjacent to the chairlift, the additional homesite is valued at $1,500,000. Together, the two properties offer the rare opportunity to control contiguous slopeside real estate at Big Sky Resort—with the potential for additional development, expanded privacy or the creation of a multi-generational mountain retreat, subject to applicable approvals. A singular setting with skiing outside the door and the opportunity to create an enduring Big Sky legacy. For the rare opportunity to acquire the residence and adjacent homesite, both properties are listed together under MLS #413766.
#414344

Big Sky

28 White Otter Road

5 Beds

4 Baths

3,018 Sq.Ft.

$4,800,000

MLS#: 414344

Tucked into the storied landscape of Bridger Canyon, Lennon Ranch offers a rare blend of privacy, space, accessibility, and panoramic views. Spanning nearly 135± acres and bordering 354± acres of state land, this custom retreat sits just minutes from both Bozeman and Bridger Bowl ski area. Here, sweeping meadows, rugged rock formations, and mature trees create a dynamic setting rich with wildlife and seasonal beauty. At its heart sits a very modest yet thoughtfully crafted 2,863± sq ft residence with three bedrooms, two full bathrooms, two half bathrooms, two kitchens, and multiple living areas. Dual primary suites on separate levels provide flexibility for hosting and everyday living. Lennon Ranch proves that location truly matters. Set within a landscape of sweeping mountain horizons and open valley views, it offers both tranquility and space. The rare combination of expansive acreage, direct access to state land, and proximity to Bozeman, Bridger Bowl, and world-class recreation creates a lifestyle few properties can match. Here, privacy is preserved without sacrificing convenience, offering the best of Montana in every direction.
#412111

Bozeman

6780 Tepee Ridge Road

3 Beds

2 Baths

2,863 Sq.Ft.

$4,795,000

MLS#: 412111

CREEKSIDE RANCH: Introducing one of the best last places and you have the opportunity to call it home!! This 129.49 +/- acre parcel waits the sophisticated buyer who is looking for the ideal purchase of a large tract of unincumbered land – no HOA’s, no CC&R’s, no Conservation easement, remaining mineral/gas/oil rights covey and this land is eligible for subdivision. This property is located 15 minutes from downtown Bozeman with year-round access. It includes a 1,700 sq.ft. one bedroom/one bath carriage house with a brand new roof ready for occupation. A 3200 sq.ft. barn with two horse stalls, two separate fenced horse corrals and multiple riding trails exist onsite. All the infrastructure is developed: electrical power to all structures including the building pad; three wells drilled, two are in operation; two septic fields permitted/installed, one is in operation; all driveways/interior roads developed and maintained. The only thing left to do is to get your dream home under construction. There are multiple water features including a ¼ mile of Rocky Creek frontage, several natural ponds, a small lake, and multiple creeks/streams/natural springs. Being a natural sanctuary for a diverse population of wildlife – moose, elk, deer, bear, sandhill cranes, songbirds, and waterfowl to name a few and this is due to the fact that this property exists within the Greater Yellowstone Ecosystem. There is nowhere in the world as unique as the Greater Yellowstone Ecosystem with its vast mountain ranges, the largest concentration of wildlife in the lower 48 states, its scenic beauty and land in Bozeman can be a highly profitable investment. It’s all waiting for that right buyer who is independent, knows economic value, seeks privacy, serenity, and enjoys the bounty that mother nature has provided. Listed at $4,795,000 with conveyance of remaining gas, oil and mineral rights (that’s $37K per acre with buildings and infrastructure developed). Call today for your exclusive showing of this best last place.
#408744

Bozeman

770 Mountain Moose Road

1 Beds

1 Baths

129.48 acres

$4,795,000

MLS#: 408744

CREEKSIDE RANCH: Introducing one of the best last places and you have the opportunity to call it home!! This 129.49 +/- acre parcel waits the sophisticated buyer who is looking for the ideal purchase of a large tract of unincumbered land – no HOA’s, no CC&R’s, no Conservation easement, remaining mineral/gas/oil rights covey and this land is eligible for subdivision. This property is located 15 minutes from downtown Bozeman with year-round access. It includes a 1,700 sq.ft. one bedroom/one bath carriage house with a brand new roof ready for occupation. A 3200 sq.ft. barn with two horse stalls, two separate fenced horse corrals and multiple riding trails exist onsite. All the infrastructure is developed: electrical power to all structures including the building pad; three wells drilled, two are in operation; two septic fields permitted/installed, one is in operation; all driveways/interior roads developed and maintained. The only thing left to do is to get your dream home under construction. There are multiple water features including a ¼ mile of Rocky Creek frontage, several natural ponds, a small lake, and multiple creeks/streams/natural springs. Being a natural sanctuary for a diverse population of wildlife – moose, elk, deer, bear, sandhill cranes, songbirds, and waterfowl to name a few and this is due to the fact that this property exists within the Greater Yellowstone Ecosystem. There is nowhere in the world as unique as the Greater Yellowstone Ecosystem with its vast mountain ranges, the largest concentration of wildlife in the lower 48 states, its scenic beauty and land in Bozeman can be a highly profitable investment. It’s all waiting for that right buyer who is independent, knows economic value, seeks privacy, serenity, and enjoys the bounty that mother nature has provided. Listed at $4,795,000 with conveyance of remaining gas, oil and mineral rights (that’s $37K per acre with buildings and infrastructure developed). Call today for your exclusive showing of this best last place.
#408743

Bozeman

770 Mountain Moose Road

1 Beds

1 Baths

1,780 Sq.Ft.

$4,795,000

MLS#: 408743

Norwegian Creek 480 is part of the historic 126+ year-old Maichel Ranch, located just outside of Harrison, Montana. Set beneath the Tobacco Root Mountains and just upstream from Harrison Lake, this 480-acre property offers 1/2 mile of creek bottom privacy, open space with huge views, and strong potential for an equestrian estate, small ranch, or private retreat. The land consists of three 160-acre legal parcels with multiple building sites ranging from private, wooded creek areas to open hilltops—all offering sweeping 360-degree views. The property borders a 640-acre section of State land with another mile-plus of Norwegian Creek frontage, further expanding recreational access and ensuring an extremely private setting with no other homes in view. Over 200 acres of the property can be farmed or cropped separately for food plots, grain production, or other agricultural uses. Elk, deer, upland birds, and other wildlife are frequently seen on the land, enhancing its appeal for hunting and outdoor enjoyment. Located at the end of the road on the historic Maichel Ranch, the property provides excellent privacy with convenient access—just 45 minutes to Bozeman and 20 minutes to Ennis. Nearby power and road improvement materials can be made available by the seller with an acceptable contract, offering additional development flexibility. Seller offers to lease property for grazing purposes to create cash flow for new owner. Generations of careful stewardship are reflected in Norwegian Creek 480’s productive capacity and natural beauty, making it a rare opportunity in southwest Montana.
#403641

Harrison

TBD Williams Lane

None Beds

None Baths

480.0 acres

$4,750,000

MLS#: 403641

Discover Powdercrest, the final land release for custom-built homes within Spanish Peaks Mountain Club. This remarkable new neighborhood introduces 31 exceptional homesites—an exclusive opportunity to own among the last true ski-in, ski-out properties in one of Big Sky’s premier, members-only communities. Lot 17 is 2.15 acres and offers impressive panoramic views of Big Sky Country from its perched location. Spanning the slopes of Flatiron Mountain, these generously sized parcels offer a rare balance of privacy, expansive views, and future direct lift access via a planned chairlift. Owners will step seamlessly onto the slopes of Big Sky Resort while enjoying a sense of space and seclusion seldom found in world-class alpine destinations. Positioned along a dramatic ridgeline with unobstructed mountain panoramas, each homesite is thoughtfully sited to capture abundant natural light, jaw-dropping views, close trail access, and year-round outdoor living. Ownership includes access to an exceptional collection of current and future amenities, including dining, two Weiskopf-designed golf courses, the Spanish Peaks Clubhouse, Montage Big Sky, the highly anticipated Member Lodge Aspire, and an expanding ski network, all contributing to an already unmatched mountain lifestyle. Combined with close proximity to Big Sky’s vibrant Town Center and the untamed wilderness of Yellowstone National Park, this is truly an opportunity not to be missed. Owners may choose between Social or Signature Golf membership at Spanish Peaks Mountain Club, joining an outdoor-focused community of like-minded mountain enthusiasts from around the world. To further streamline the path to ownership, buyers may also take advantage of the highly regarded Design Build Program. This represents the final opportunity to create a custom legacy residence at the heart of Spanish Peaks—where world-class recreation, protected open space, and authentic alpine character define one of the most coveted addresses in Big Sky, Montana.
#407568

Big Sky

Lot 17 Powdercrest Trail

None Beds

None Baths

2.15 acres

$4,750,000

MLS#: 407568

Discover Powdercrest, the final land release for custom-built homes within Spanish Peaks Mountain Club. This remarkable new neighborhood introduces 31 exceptional homesites—an exclusive opportunity to own among the last true ski-in, ski-out properties in one of Big Sky’s premier, members-only communities. Lot 30 is 5.06 acres and offers impressive panoramic views of Big Sky Country and ski-in/ski-out access to Big Sky Resort Spanning the slopes of Flatiron Mountain, these generously sized parcels offer a rare balance of privacy, expansive views, and future direct lift access via a planned chairlift. Owners will step seamlessly onto the slopes of Big Sky Resort while enjoying a sense of space and seclusion seldom found in world-class alpine destinations. Positioned along a dramatic ridgeline with unobstructed mountain panoramas, each homesite is thoughtfully sited to capture abundant natural light, jaw-dropping views, close trail access, and year-round outdoor living. Ownership includes access to an exceptional collection of current and future amenities, including dining, two Weiskopf-designed golf courses, the Spanish Peaks Clubhouse, Montage Big Sky, the highly anticipated Member Lodge Aspire, and an expanding ski network, all contributing to an already unmatched mountain lifestyle. Combined with close proximity to Big Sky’s vibrant Town Center and the untamed wilderness of Yellowstone National Park, this is truly an opportunity not to be missed. Owners may choose between Social or Signature Golf membership at Spanish Peaks Mountain Club, joining an outdoor-focused community of like-minded mountain enthusiasts from around the world. To further streamline the path to ownership, buyers may also take advantage of the highly regarded Design Build Program. This represents the final opportunity to create a custom legacy residence at the heart of Spanish Peaks—where world-class recreation, protected open space, and authentic alpine character define one of the most coveted addresses in Big Sky, Montana.
#413544

Big Sky

Lot 30 Sky View Way

None Beds

None Baths

5.06 acres

$4,750,000

MLS#: 413544

Located in Baxter Meadows, this 6.057-acre site is a prime infill development opportunity in the City of Bozeman. With 384 feet of frontage on Baxter Lane and Zoned B-2 (Community Business District), it is strategically positioned for many end-users. Baxter Lane is a highly trafficked arterial connecting Northwest Bozeman to Jackrabbit Lane with a 2023 AADT Traffic Count of 5,458 vehicles per day. The subject property can also be accessed from Caballo and Equestrian Lanes. Serviced by City Water/Sewer, this site is level, rectangular, utilities in the street, and near several multifamily, commercial, and single-family housing developments as well as Costco, Target, and I-90. This development site would be ideal for a variety of commercial development such as office, retail, restaurant, hotel, car wash (etc.) and/or multifamily. Bring your development dreams to fruition in this thriving area of Bozeman!
#409095

Bozeman

3605 Baxter Lane

None Beds

None Baths

6.057 acres

$4,750,000

MLS#: 409095

This stunning home, built by Blue Ribbon Builders, is nestled into a grove of old growth pines on a 20 acre parcel just minutes to Town Center. The southern exposure bathes the primary suite and most of the living spaces in sunlight while affording expansive views. The vaulted ceiling, log accents and propane fireplace in the great room create cozy seating areas adjacent to the open dining kitchen entertaining area. During the summer months, the expansive outdoor areas move family and guests into the surrounding nature, where it is common to see elk, deer and the occasional bear. This is the quintessential Big Sky getaway featuring the privacy of a large parcel with the proximity of all amenities of the Meadow Village and Town Center. Blue ribbon fly-fishing on the famed Gallatin River is just a few miles away. Yellowstone National Park will be your new back yard, which you can visit in under an hour's drive. Ski the slopes of Big Sky Resort or the cross country trails of Lone Mountain Ranch. Enjoy Big Sky in every season. Come experience the free weekly summertime concerts, Farmer's Market, professional rodeo events, skijoring, music festivals, endless hiking, biking and fun on the river. Make 725 Sandhill Road in Big Sky your basecamp to endless fun and adventure! Offered furnished, excluding artwork, personal items.
#402343

Big Sky

725 Sandhill Road

4 Beds

3 Baths

3,947 Sq.Ft.

$4,750,000

MLS#: 402343

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