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131+ Acres at the Base of the Bridger Mountains.  Rarely does an opportunity of this scale, setting, and proximity to Bozeman and Belgrade become available.  Encompassing approximately 131 contiguous acres along Penwell Bridge Road in the sought after Springhill area, this remarkable property combines expansive open land, sweeping Bridger Mountain and Ross Peak Views, and the privacy and flexibility of substantial acreage, an increasingly uncommon offering in the Gallatin Valley.  The property offers paved frontage along Penwell Bridge Road and Springhill Road and gives exceptional rural Montana character.  From across the acreage you have dominating skylines and expansive views extending across the surrounding valley.  This property comes with ample opportunities.  Envision a private Montana estate with extraordinary separation and privacy, an agricultural or equestrian property, a legacy holding for future generations, or explore whether the land may accommodate additional homesites or other developmental opportunities. The location is conveniently connected to Bozeman, Belgrade, Yellowstone International Airport, and the recreation and amenities of the Gallatin Valley.  For the buyer seeking more than a homesite and who values location, views, privacy, flexibility, and long term potential, this property is it.
#414451

Belgrade

TBD Penwell Bridge Road

None Beds

None Baths

131.745 acres

$3,800,000

MLS#: 414451

With 1.31 acres of gently sloping terrain and panoramic alpine views, Lot 11 in Lower Hillside presents an exceptional opportunity to create a custom mountain retreat in Moonlight West. Step onto the neighborhood trail system that links into the Moonlight West network for all-season adventures. Thoughtfully planned to preserve open space and embrace the land’s natural features, this property is just minutes from The Reserve Clubhouse and the future Moonlight West amenities, including a new clubhouse, fitness center, and outdoor recreation areas. Membership in the Moonlight Club is required with purchase and subject to approval.
#407764

Big Sky

TBD Sawtooth Road Lot 11

None Beds

None Baths

1.31 acres

$3,800,000

MLS#: 407764

Tucked away at the end of Brown Gulch Road, this extraordinary 40 acre mountain retreat offers a level of privacy and access that is rarely found. Surrounded by the Helena National Forest, the property serves as the ultimate basecamp for Montana's outdoor lifestyle. Whether your days are spent pursuing elk and deer through the surrounding timber, exploring miles of public land, hiking, horseback riding, riding ATVs, or casting a line in nearby rivers and streams, this is a property designed for those who value adventure without sacrificing luxury. Step beyond your property line and into an expansive landscape where recreation begins immediately. Despite its secluded setting, Helena is less than 30 minutes away, providing convenient access to shopping, dining, and everyday amenities while preserving the feeling of complete escape. Built in 1979, this custom craftsman inspired executive residence spans an impressive 10,124 sq ft, featuring four bedrooms and five bathrooms. Every room reflects exceptional craftsmanship, showcasing rich custom woodwork, natural stone accents, and timeless architectural details throughout. The soaring great room serves as the heart of the home, anchored by a dramatic floor-to-ceiling stone fireplace while a second story loft overlooks the space, creating a warm and inviting setting for entertaining or quiet evenings at home. Designed for both everyday living and hosting on a grand scale, the gourmet kitchen features dual refrigerators, a generous center island finished with rough cut granite countertops, abundant prep space, and seamless flow into the surrounding living areas. The main level primary suite provides a peaceful retreat with a luxurious ensuite bath complete with a jetted Jacuzzi tub, custom tiled walk-in shower, and spacious layout designed for comfort and relaxation. The lower level expands the home's versatility with an impressive collection of amenities, including a custom wet bar, expansive recreation room, dedicated office, private library or study, and fitness room with adjoining sauna, creating the perfect place to unwind after a day spent exploring Montana's backcountry. Outside, an expansive two level wraparound deck invites you to take in the surrounding mountains and wooded landscape. A large shop and covered storage offer ample room for ATVs, snowmobiles, boats, trailers, hunting gear, equipment, or potential equestrian use.
#413486

Clancy

80 Browns Gulch

4 Beds

4 Baths

10,124 Sq.Ft.

$3,800,000

MLS#: 413486

An excellent opportunity to acquire approximately 21.44 acres of commercially zoned land in Bozeman, Montana. This property is primed for future commercial development, with water and sewer availability through Four Corners Water & Sewer District. The property offers a strong foundation for a variety of commercial uses and gives a developer the opportunity to bring their own vision to the site. Water and sewer availability, capacity, and connection requirements are to be confirmed by Buyer.

The property is located within the Kennedy Subdivision; situated amongst many other thriving commercial businesses and the new Gallatin Meadows subdivision. A future stubbed connection to Gallatin Meadows is planned, providing additional connectivity and traffic to the area. The property also borders a large parcel protected by a conservation easement, offering unobstructed western views and a unique open-space setting.

With commercial zoning, anticipated infrastructure availability, future connectivity, and a strategic Bozeman location, this property presents an excellent opportunity for developers seeking a well-positioned site for their next commercial project.
#414263

Bozeman

Lots 9 & 10 Ketterer Road

None Beds

None Baths

21.44 acres

$3,800,000

MLS#: 414263

Lot 12 in the Lower Hillside neighborhood at Moonlight West presents 2.55 acres of ski accessible homesite living, framed by panoramic views of Lone Peak, Fan Mountain, and the Spanish Peaks. Nestled within a mature forest setting, the property offers a peaceful sense of privacy while providing convenient access to the neighborhood trail system, seamlessly connecting to Moonlight West’s extensive year-round network of trails and outdoor recreation.

With ample space to create a custom mountain retreat, the homesite is well suited to a residence that embraces the natural topography and captures the surrounding alpine vistas. Ideally located near The Reserve Clubhouse and 18-hole Jack Nicklaus golf course and the future amenities planned for Moonlight West, Lot 12 offers the perfect blend of quiet mountain living and convenient access to the community’s premier offerings. Membership in the Moonlight Club is required with purchase and is subject to approval.
#414295

Big Sky

TBD Sawtooth Road Lot #12

None Beds

None Baths

2.55 acres

$3,800,000

MLS#: 414295

Welcome home to the coveted community of Sweetgrass Hills in Big Sky, Montana. This comfortable five-bedroom residence sits on 1.14 acres in the heart of Big Sky, with mountain views in nearly every direction. Mature trees and extensive landscaping surround the home, two ponds bring a sense of calm to the grounds, and the screening is thorough enough that privacy holds wherever you are, indoors or out.
Inside, the home opens across three levels. Two great rooms anchor the plan beneath high ceilings, with gas fireplaces in both living rooms and the primary suite, and the kitchen brings together granite counters, cherry cabinetry, and stainless appliances with generous room for a slow morning or a full house while entertaining. From there the living space carries outdoors at several turns, where decks wrap the home and a broad concrete patio with a covered hot tub extends the day into the open air. Forced air heat and air conditioning run through every level, and a newer roof tops a home that has been well maintained throughout, making for easy ownership.
Here, your piece of Montana reaches well beyond the home. Town Center sits within walking distance, its restaurants, shops, and gathering spots close at hand, while the skiing at Big Sky Resort, the Nordic trails at Lone Mountain Ranch, and the blue ribbon fishing of the Gallatin are all a short drive away. Within an hour you can reach Bozeman, the gates of Yellowstone National Park, the storied waters of the Madison River, and Bozeman Yellowstone International Airport for easy travel coming and going. A home for a family putting down roots in Big Sky, or a second home with everything the area offers close at hand.
#411725

Big Sky

315 Chief Joseph Road

5 Beds

2 Baths

5,149 Sq.Ft.

$3,795,000

MLS#: 411725

New on site 4 days ago
Exceptional luxury mountain retreat in the exclusive Sun West Ranch, privately set on five beautifully timbered acres with breathtaking 360-degree views of the 11,000-foot Taylor-Hilgard peaks. Completed in 2023 and offered furnished, this 2,800± SF residence combines refined design, privacy, and effortless Montana living.
Designed by Studio Architects and built by MDM Construction, the open-concept home features a dramatic three-sided stone fireplace, expansive windows, leathered granite countertops, luxury finishes, steam shower, and curated Arhaus furnishings. Over 700 SF of outdoor living includes a deck, two patios, and custom fire pit overlooking spectacular sunsets, alpenglow, star-filled skies, and abundant wildlife.

Amenities include whole-house water filtration with reverse osmosis, high-speed fiber, interior/exterior sound systems, monitored security, underground sprinklers, backup propane generator, and an oversized heated 2½-car garage with epoxy floors, oversized doors, center drain, and dog/wader wash station.

Be sure to explore the adjacent 11-acre parcel with this home offered separately (MLS #413929). Set among aspens and evergreens, this exceptional parcel offers an amazing setting with expansive 360-degree mountain views and an opportunity to further enhance privacy and create an extraordinary Montana legacy estate.

Sun West Ranch encompasses 2,000 acres, including 1,600 acres of protected open space and only 55 homesites. Ownership includes private Madison River access, stocked trout ponds, equestrian center, miles of trails, and access to public lands. Year-round ranch services provide snow removal, road maintenance, property checks, and common-area stewardship.

Ideally located between Ennis and Yellowstone National Park, approximately 20 minutes to Ennis Big Sky Airport, 50 minutes to Yellowstone Airport, and 90 minutes to Bozeman Yellowstone International Airport. A rare turnkey offering for discerning buyers seeking luxury, privacy, recreation, and exceptional mountain living.
#414740

Cameron

116 Elk Ridge Road

3 Beds

2 Baths

2,800 Sq.Ft.

$3,775,000

MLS#: 414740

Welcome to Canyon Gate — Bozeman’s Northeast Gateway to Adventure.
One of the last remaining infill development opportunities on Bozeman’s highly sought-after northeast side, Canyon Gate is envisioned as a vibrant mixed-use community that brings together residential living, local commerce, and outdoor access in perfect balance.
Designed to establish a true sense of place, Canyon Gate will forge meaningful connections between people and the essential assets that make Bozeman special — local services, employment, attainable housing, recreation, and the area’s rich history.
Future residents will enjoy a variety of living options, from attainable for-rent apartments to for-sale stacked flats and rowhouses. The commercial zone offers endless potential — imagine a neighborhood market, restaurants, a taphouse, boutique retail, fitness studios, offices, or even residential units above the street-level activity.
Located just minutes from Downtown Bozeman, Story Mill Park, Bridger Creek Golf Course, and Bridger Bowl Ski Area, this site offers unmatched convenience and access to Bozeman’s outdoor lifestyle.
This B2M zoned parcel, with surrounding infrastructure already complete, is ready for your creative vision. Mixed use opportunities for retail, services, restaurants, office, residential, and many more.  
Be part of Canyon Gate — where Bozeman’s northeast side comes to life.
#406469

Bozeman

TBD Story Mill Road

None Beds

None Baths

1.3303 acres

$3,766,685

MLS#: 406469

Discover refined Montana living in this beautifully updated custom home, ideally located in Eagle Rock Reserve, a private ranch community just south of Bozeman. Set near the end of a quiet private road, this exceptional property offers unmatched privacy, abundant wildlife, and direct access to thousands of acres of adjacent public land for HORSEBACK riding, hiking, and year-round outdoor recreation. Residents also enjoy exclusive access to approximately 750 acres of private shared land, featuring scenic trails, a horse facility, trout-stocked subdivision ponds, and breathtaking panoramic views of the surrounding mountains and forest. Inside, you’ll find three spacious bedrooms and five updated bathrooms, each showcasing meticulous attention to detail. The heart of the home is an expansive great room anchored by a dramatic stone wood-burning fireplace. Soaring ceilings with handcrafted beams, circle-sawn wood flooring, and in-floor radiant heat add warmth and character to the main level. The newly remodeled gourmet kitchen is a chef’s dream, featuring caesarstone counters, Wolf range beneath a beautifully crafted custom wood vent hood, a spacious walk-in pantry, and refined finishing touches including toe-kick lighting. Just off the kitchen, a sun-drenched four-season room with a cozy gas fireplace provides the perfect retreat to enjoy Montana’s changing seasons and wildlife viewing. Also on the main level, you'll find a generous home office, a ¾ bath and a well-appointed laundry room designed for everyday convenience. The luxurious primary suite is a private sanctuary, offering walk-out deck access, a gas fireplace, and a spa-inspired bathroom complete with a soaking tub and modern finishes. The walk-out lower level features a spacious family room, a dedicated theater/media room, and two additional bedrooms, including one with an en-suite bath. All three lower-level bathrooms have been tastefully renovated with custom cabinetry, designer tile, toe-kick lighting, and two baths have heated floors for added comfort. A dedicated hobby shop and steam shower room are also located on this level. Additional highlights include a heated three-car garage, new windows, new cedar siding, new roof shingles, and a long list of premium upgrades completed within the last four years. Every element of this home reflects exceptional craftsmanship and a deep appreciation for quality. This is a rare opportunity to own a truly distinctive property in Eagle Rock Reserve.
#412277

Bozeman

2594 Star Ridge Road

3 Beds

2 Baths

4,766 Sq.Ft.

$3,750,000

MLS#: 412277

Fantastic development opportunity with multiple options available for zoning and use with annexation into the City of Bozeman. Adjacent to the N. 19th retail corridor and minor arterial on Baxter Lane, with rear access from Tschache, infrastructure supports development with visibility from N. 19th. Bordered by Home Depot, Buffalo Wild Wings, REI and Sportsman's Warehouse to the East and high-density multi-family development to the West, the parcel offers possibilities for high density residential, commercial frontage, and/or mixed use. Zoning around the site includes M-1, B2 and R4-5. The parcel includes a water way and is adjacent to a linear trail. A wetland delineation report will be provided upon request. With 2023 AADT traffic count of 7661 vehicles/day and easy access off of I-90, consider restaurant, retail, hotel, mixed use or high-density multifamily development.
#409904

Bozeman

2050 Baxter Lane

3 Beds

1 Baths

7.5 acres

$3,750,000

MLS#: 409904

Prime Commercial Property with Strong Income Potential & Expansion Opportunities. A rare & versatile offering, this expansive 10.197-ac property provides an exceptional opportunity for investors, contractors & developers. Currently generating approximately $200K per year in rental income, this property is strategically positioned to take advantage of its prime location between Bozeman, Big Sky & Bozeman Yellowstone International Airport — ensuring maximum visibility & exposure along a high-traffic corridor that offers unparalleled access to key regional hubs. Key Features: 1) Versatile Shop Space: The property includes a 5,796-sqft fully insulated & heated metal shop, designed to accommodate a variety of commercial, industrial, or storage needs. Featuring 24' & 12' overhead doors, the shop offers flexible space ideal for contractors needing secure storage, workshop space, or a place for light industrial use. This shop is primed to generate additional income, with an expected rate of $16-$18 NNN per sqft; 2) Income-Generating Cabins: The property is home to 3 log cabins that are fully equipped with utilities, offering short or long-term rental potential. These cabins are perfect for workforce housing, providing contractors, seasonal workers, or travelers with flexible living options. There's also ample room to expand & add more cabins, further increasing rental income & utility; 3) Development Potential: With 2 adjoining parcels & 10+ acres of land, there are abundant opportunities for additional construction. The property is un-zoned & free of covenants, offering full flexibility for a wide range of potential uses, from residential to commercial or light industrial. Whether you need more cabins, office space, or storage units, the possibilities are endless; 4) Water & Utility Infrastructure: The property is well-equipped with a private well & septic system in place, making it easy to expand & develop further. The site also benefits from an engineering master plan for a commercial septic system; 5) Prime Location & Regional Connectivity: This highly visible property is situated in a rapidly developing region with strong economic growth, attracting both local & regional businesses. The property is easily accessible & provides a central location for contractors & businesses operating in the area. Whether you are looking for immediate rental income or a blank canvas to grow your business, this property offers the flexibility & potential.
#413563

Gallatin Gateway

56 & 70 E Williams Road

None Beds

None Baths

5,796 Sq.Ft.

$3,750,000

MLS#: 413563

Prime Commercial Property with Strong Income Potential & Expansion Opportunities. A rare & versatile offering, this expansive 10.197-ac property provides an exceptional opportunity for investors, contractors & developers. Currently generating approximately $200K per year in rental income, this property is strategically positioned to take advantage of its prime location between Bozeman, Big Sky & Bozeman Yellowstone International Airport — ensuring maximum visibility & exposure along a high-traffic corridor that offers unparalleled access to key regional hubs. Key Features: 1) Versatile Shop Space: The property includes a 5,796-sqft fully insulated & heated metal shop, designed to accommodate a variety of commercial, industrial, or storage needs. Featuring 24' & 12' overhead doors, the shop offers flexible space ideal for contractors needing secure storage, workshop space, or a place for light industrial use. This shop is primed to generate additional income, with an expected rate of $16-$18 NNN per sqft; 2) Income-Generating Cabins: The property is home to 3 log cabins that are fully equipped with utilities, offering short or long-term rental potential. These cabins are perfect for workforce housing, providing contractors, seasonal workers, or travelers with flexible living options. There's also ample room to expand & add more cabins, further increasing rental income & utility; 3) Development Potential: With 2 adjoining parcels & 10+ acres of land, there are abundant opportunities for additional construction. The property is un-zoned & free of covenants, offering full flexibility for a wide range of potential uses, from residential to commercial or light industrial. Whether you need more cabins, office space, or storage units, the possibilities are endless; 4) Water & Utility Infrastructure: The property is well-equipped with a private well & septic system in place, making it easy to expand & develop further. The site also benefits from an engineering master plan for a commercial septic system; 5) Prime Location & Regional Connectivity: This highly visible property is situated in a rapidly developing region with strong economic growth, attracting both local & regional businesses. The property is easily accessible & provides a central location for contractors & businesses operating in the area. Whether you are looking for immediate rental income or a blank canvas to grow your business, this property offers the flexibility & potential.
#413562

Gallatin Gateway

56 & 70 E Williams Road

None Beds

None Baths

10.197 acres

$3,750,000

MLS#: 413562

Ski Tip Glade Lot 16, location, location, location! A rare opportunity to create a mountain legacy within Spanish Peaks Mountain Club. This ski-in, ski-out homesite spans over an acre and borders approximately 30 acres of protected open space, offering exceptional privacy and a sense of exclusivity in the Rocky Mountains.

Surrounded by ski terrain and commanding dramatic, breathtaking mountain views that extend toward Yellowstone National Park, the setting is in the middle of a summer wildflower meadow, quintessential Montana. Imagine stepping directly onto the slopes for first tracks, returning home for lunch via the nearby high-speed bubble quad, and ending the day with alpenglow dancing across the surrounding peaks. Hiking and mountain biking trails are moments away, offering year-round adventure from your doorstep.

This is mountain living without compromise. A golf membership is available, granting access to two Tom Weiskopf-designed courses: an acclaimed 18-hole championship course and a charming 10-hole par-3 course ideal for relaxed afternoons with family and friends. Owners also enjoy 2.5 miles of private blue-ribbon trout water, multiple clubhouses, exceptional dining experiences, and preferred access to the luxury amenities of Montage Big Sky.

Ski Tip Glade Lot 16 is more than a homesite—it is a place to gather generations, where breathtaking vistas, extraordinary privacy, and an unmatched four-season lifestyle come together to create something truly enduring. Upon purchase there is no timeline to build ensuring you can take your time to dream and bring your Montana chalet to fruition or pass the lot down in generations to come.
#411030

Big Sky

Lot 16 Eagle View Trail

None Beds

None Baths

1.18 acres

$3,750,000

MLS#: 411030

Fantastic development opportunity with multiple options available for zoning and use with annexation into the City of Bozeman. Adjacent to the N. 19th retail corridor and minor arterial on Baxter Lane, with rear access from Tschache, infrastructure supports development with visibility from N. 19th. Bordered by Home Depot, Buffalo Wild Wings, REI and Sportsman's Warehouse to the East and high-density multi-family development to the West, the parcel offers possibilities for high density residential, commercial frontage, and/or mixed use. Zoning around the site includes M-1, B2 and R4-5. The parcel includes a water way and is adjacent to a linear trail. A wetland delineation report will be provided upon request. With 2023 AADT traffic count of 7661 vehicles/day and easy access off of I-90, consider restaurant, retail, hotel, mixed use or high-density multifamily development.
#409811

Bozeman

2050 Baxter Lane

3 Beds

1 Baths

7.5 acres

$3,750,000

MLS#: 409811

New acreage configuration! Perched on a ridge top with breathtaking views of the Pintler Range, Discovery Ski Area, and near 360- degree views of the surrounding valleys, this 255.68 acre retreat offers an exceptional opportunity to own a private sanctuary in the heart of Montana. Located just 20 minutes from the historic town of Philipsburg and surrounded by expansive and notable ranches, the property strikes the perfect balance between solitude and convenient access to a vibrant local community. The focal point is a meticulously designed and situated five-bedroom, six-and-a-half-bathroom 7,700 square-foot custom log home. Thoughtfully crafted to maximize panoramic views, the residence features a master suite, gourmet kitchen with a breakfast nook, a formal dining room, and an oversized three-car garage. High-end, custom finishes and unique architectural elements enhance both comfort and elegance. Complementing the main residence are a set of operational improvements, including a six-stall enclosed equipment shed and a well-appointed two-stall horse barn with vet and tack rooms, washing facilities, and associated pens, shelters, and waterers. Philipsburg, a short drive northeast, serves as the hub of this rural community, offering essential services, boutique shops, dining, and lodging options. Known regionally as a place Montanans go to unwind, the town of approximately 900 residents has maintained its historic Western character and local charm. It is also home to the exclusive Ranch at Rock Creek, one of the nation’s best candy stores and a renowned western art gallery which rivals the best in the country.
#412630

Philipsburg

96 Kokopelli Lane

5 Beds

6 Baths

7,720 Sq.Ft.

$3,750,000

MLS#: 412630

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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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