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Located twelve miles from downtown Bozeman, this rare ±30-acre horse property offers an ideal lifestyle and premier facilities for equine enthusiasts. At the heart of the property is a comfortable 3-bedroom, 2-bath home featuring a south-facing porch, wood stove, hot tub, and greenhouse, all set against sweeping views of the Spanish Peaks.

Designed for year-round use, the property includes two indoor arenas, a large outdoor arena, a cutting pen, a round pen, cow-working facilities, irrigated pastures, and extensive paddock systems with shelters and automatic waterers. The main barn is equipped with 14 stalls, tack rooms, a wash stall, a heated lounge, vet and shoeing areas, an employee apartment, and ample storage.

More than just a residence, this is a thriving equestrian operation capable of boarding up to 50 horses. The property boasts an established boarding business with an outstanding reputation, a consistent waitlist, experienced barn management, and knowledgeable resident trainers already in place.

With excellent water rights and extensive irrigation infrastructure, keeping the grass growing will be a breeze. Included equipment such as a tractor and skid steer will make the daily operations efficient and turnkey. This is a unique opportunity to acquire a fully functioning equestrian facility ideally situated between downtown Bozeman and Big Sky, Montana.
#411906

Bozeman

770 McReynolds Road

3 Beds

None Baths

2,000 Sq.Ft.

$3,875,000

MLS#: 411906

Dream Home with Breathtaking Views & Designer Touches. Welcome to your mountain-modern retreat! This stunning, fully remodeled home blends rustic charm with elegant finishes in every corner. Step inside to discover a spacious open floor plan flooded with natural light from walls of windows. The heart of the home is a chef’s kitchen designed to impress—with top-of-the-line appliances, custom cabinetry, a generous island, & plenty of built-in storage for a clean, effortless look. Whether you're entertaining guests or enjoying a cozy night in, the south facing wall of windows will grace you with a stunning view of the Spanish Peaks making this space perfect for every occasion. Rustic wood beams, high-end finishes, & thoughtful details throughout create a warm inviting ambiance. The oversized fireplace with stone hearth in the living room beckons for you to sit & warm yourself while enjoying a cocktail made at the wet bar.  Additional interior features include a true office, all ensuite bedrooms, basement theatre room & gym space. Multiple decks & outdoor living spaces, complete with hot tub, offer the ideal spots to take in the sunrise, host gatherings, or simply relax & enjoy the views.  The yard is surrounded by hedges for privacy, a mature lawn, with towering pines that create an alpine feel. The sprinkler system was installed last fall to allow for any further landscaping you could dream up. The guest home is the charming original ranch home that was recently moved to a new foundation, provided with it’s own well (100 GPM) & septic. The 2 bed, 2 bath home with attached garage could provide a place for additional family, a caretaker, or produce income as a rental. Set on 20 pristine acres, already divided into (2) 10 acre parcels, this property has been meticulously maintained as horse pasture—sprayed annually & carefully under-grazed to preserve its health & productivity. It's ready for your livestock, with a versatile barn already designed with horse stalls in the back & a workshop up front. Whether you’re an equestrian, hobby farmer, or just seeking wide-open space, the possibilities here are endless. With no covenants, no HOA, & no subdivision restrictions, you're free to build, expand, or reimagine the property entirely to suit your vision. This home is a rare find—move-in ready, beautifully finished & designed for comfort & style, all within 10 minutes of downtown Bozeman. Don’t miss your chance to own a one-of-a-kind property that truly has it all!
#400997

Bozeman

745/749 Rocky Road

None Beds

None Baths

N/A

$3,875,000

MLS#: 400997

Located twelve miles from downtown Bozeman, this rare ±30-acre horse property offers an ideal lifestyle and premier facilities for equine enthusiasts. At the heart of the property is a comfortable 3-bedroom, 2-bath home featuring a south-facing porch, wood stove, hot tub, and greenhouse, all set against sweeping views of the Spanish Peaks.

Designed for year-round use, the property includes two indoor arenas, a large outdoor arena, a cutting pen, a round pen, cow-working facilities, irrigated pastures, and extensive paddock systems with shelters and automatic waterers. The main barn is equipped with 14 stalls, tack rooms, a wash stall, a heated lounge, vet and shoeing areas, an employee studio apartment, and ample storage.

More than just a residence, this is a thriving equestrian property capable of boarding up to 50 horses. The property boasts an established boarding business with an outstanding reputation, a consistent waitlist, experienced barn management, and knowledgeable resident trainers already in place.

With excellent water rights and extensive irrigation infrastructure, keeping the grass growing will be a breeze. Included equipment such as a tractor and skid steer will make the daily operations efficient and turnkey. This is a unique opportunity to acquire a fully functioning equestrian facility ideally situated between downtown Bozeman and Big Sky, Montana.
#412910

Bozeman

770 McReynolds Road

3 Beds

2 Baths

2,000 Sq.Ft.

$3,875,000

MLS#: 412910

Dream Home with Breathtaking Views & Designer Touches. Welcome to your mountain-modern retreat! This stunning, fully remodeled home blends rustic charm with elegant finishes in every corner. Step inside to discover a spacious open floor plan flooded with natural light from walls of windows. The heart of the home is a chef’s kitchen designed to impress—with top-of-the-line appliances, custom cabinetry, a generous island, & plenty of built-in storage for a clean, effortless look. Whether you're entertaining guests or enjoying a cozy night in, the south facing wall of windows will grace you with a stunning view of the Spanish Peaks making this space perfect for every occasion. Rustic wood beams, high-end finishes, & thoughtful details throughout create a warm inviting ambiance. The oversized fireplace with stone hearth in the living room beckons for you to sit & warm yourself while enjoying a cocktail made at the wet bar. Additional interior features include a true office, all ensuite bedrooms, basement theatre room & gym space. Multiple decks & outdoor living spaces, complete with hot tub, offer the ideal spots to take in the sunrise, host gatherings, or simply relax & enjoy the views. The yard is surrounded by hedges for privacy, a mature lawn, with towering pines that create an alpine feel. The sprinkler system was installed last fall to allow for any further landscaping you could dream up. The guest home is the charming original ranch home that was recently moved to a new foundation, provided with it’s own well (100 GPM) & septic. The 2 bed, 2 bath home with attached garage could provide a place for additional family, a caretaker, or produce income as a rental. Set on 20 pristine acres, already divided into (2) 10 acre parcels, this property has been meticulously maintained as horse pasture—sprayed annually & carefully under-grazed to preserve its health & productivity. It's ready for your livestock, with a versatile barn already designed with horse stalls in the back & a workshop up front. Whether you’re an equestrian, hobby farmer, or just seeking wide-open space, the possibilities here are endless. With no covenants, no HOA, & no subdivision restrictions, you're free to build, expand, or reimagine the property entirely to suit your vision. This home is a rare find—move-in ready, beautifully finished & designed for comfort & style, all within 10 minutes of downtown Bozeman. Don’t miss your chance to own a one-of-a-kind property that truly has it all!
#406701

Bozeman

745 Rocky Road

3 Beds

3 Baths

5,579 Sq.Ft.

$3,875,000

MLS#: 406701

Price reduced
Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers.
#401664

Bozeman

1109 & 1143 Thomas Drive

None Beds

None Baths

N/A

$3,850,000

MLS#: 401664

Set quietly on 3.27 acres in the Hyalite Foothills of Bozeman, this property offers a rare combination of privacy, usable land, and unobstructed mountain views, just minutes from town. Opportunities like this are increasingly limited and difficult to replicate at any level.

Originally built in 1978, the home has undergone a complete, seven-figure transformation. This is not a cosmetic update, but a full structural and spatial reconfiguration designed for modern living, natural light, and long-term functionality.

Inside, expanded sightlines and large sliding doors bring the surrounding landscape into the home, creating a seamless indoor-outdoor connection throughout the seasons. The main living area is anchored by a black limestone wood fireplace beneath vaulted ceilings, balancing scale with warmth.

The kitchen is built to perform, featuring Wolf, Viking, and Cove appliances, dual Galley workstations, a walk-in pantry, and custom cabinetry designed for both efficiency and clean design.

The main level includes two dedicated offices, supporting a true work-from-home lifestyle. A third primary bedroom, currently used as a gym, features large sliding doors and functions easily as a main-level suite.

Upstairs, the owner’s suite is positioned for privacy, alongside a junior suite and an additional living area with a built-in kitchenette, ideal for guests, extended family, or flexible use. Bathrooms are finished in marble with Restoration Hardware vanities, reinforcing the level of quality throughout.

Beyond the home, the property expands into a fully functional compound. A newly constructed oversized four-car garage is complemented by a multizone workshop, greenhouse, sauna, gazebo, and additional utility structures—offering space for projects, storage, or future adaptation.

Outdoor living is integrated, not added on. A glass-framed, four-season extension with ceiling-mounted heaters creates a year-round gathering space. A sauna, hot tub, and pond introduce moments of privacy and restoration across the landscape, while mature plantings provide natural screening without compromising openness.

Every major system, structure, and finish has already been addressed, eliminating the time, cost, and uncertainty most buyers face when improving rural properties.

Recreating this property today, with land, construction, and improvements, would require significantly more capital, extended timelines, and complex coordination.
#410865

Bozeman

1589 Cougar Drive

3 Beds

1 Baths

3,053 Sq.Ft.

$3,850,000

MLS#: 410865

Porcupine Creek Homestead is made up of 116± acres located in the coveted Shields River Valley east of the small town of Wilsall and an hour from Bozeman. The property is a blend of cottonwood and aspen grove riparian areas bifurcated by small flowing springs, two ponds, and valley views that encompass the Crazy Mountains to the east and the Bridger Range to the west. Once owned by a prominent Livingston banker, he built the historic Victorian-style home, which became the centerpiece of the property. In 2005, a restoration project began, and the house was effectively recreated to its exact dimensions and vernacular. This small two-bedroom one-and-a-half bath was masterfully re-created and appointed in a charming way. A six-stall horse barn was added near the residence with a large two-bedroom apartment that lofts overhead and sits next to a spacious two-car garage. Several years ago, a large trout pond was created for aesthetic and recreational purposes with a secondary primary building site in mind. The property is well-kept, and the hayfield is managed appropriately to produce forage crops and attract the multitude of wildlife that exists there, including whitetail deer and moose. Porcupine Creek Homestead is an easy-to-own property with nicely appointed improvements in proximity to Bozeman, Livingston, skiing, and the lively aspects of these desirable mountain communities, yet far enough away to find solitude in a highly sought-after river valley.
#408671

Wilsall

91 Porcupine Road

2 Beds

1 Baths

3,623 Sq.Ft.

$3,850,000

MLS#: 408671

Price reduced
Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers.
#401678

Bozeman

TBD Thomas Drive

None Beds

None Baths

N/A

$3,850,000

MLS#: 401678

Price reduced
Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers.
#396569

Bozeman

1109 & 1143 Thomas Drive

None Beds

None Baths

8.24 acres

$3,850,000

MLS#: 396569

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. The property features a paved parking lot—an increasingly rare asset in the downtown core—and a versatile interior layout.
The building is currently configured with multiple private offices, a reception area, and a conference room, offering flexibility for a wide range of professional or service-oriented uses. Its adaptable floor plan and premium location make it an ideal opportunity for investors, owner-users, or those seeking a strong candidate for redevelopment.
Position yourself in one of Bozeman’s most desirable commercial districts with a property that delivers both current utility and long-term potential.
#407483

Bozeman

125 W Mendenhall

None Beds

None Baths

14,000 Sq.Ft.

$3,800,000

MLS#: 407483

Here is a prime investment property in one of Gardiner’s most convenient locations. This 12-unit complex offers flexibility and value, whether you’re looking to maintain its current role as workforce housing or convert the units for short-term rentals. 
Located in the heart of Gardiner, where demand is high and inventory is scarce.
Each ground floor unit features a modern kitchen equipped with a refrigerator, stove, stackable washer/dryer hookups, a full bath, and a comfortable sitting area. Upper Level consists of two rooms, approximately 96 square feet and 160 square feet respectively.
Each unit comes with a Rinnai wall unit heater and an on-demand hot water heater, plus separate metering for efficient management.
Gardiner’s market is exceptionally tight, with only six closings in the past six months, underscoring the high demand for properties in this area.
Priced to sell, this development represents a great opportunity to own a strategically located asset in a competitive market. Whether you’re an investor looking to expand your portfolio or a developer seeking a property with strong conversion potential, this Gardiner complex is worth a closer look. Could be a great 1031 Exchange property. Buyers and their Agents to verify all info provided to their satisfaction.
#399212

Gardiner

102 Travertine Street

None Beds

None Baths

N/A

$3,800,000

MLS#: 399212

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

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

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

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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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