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Just completed 83-unit subdivision. Curb, gutters, asphalt streets, underground utilities to all building sites. 1 block to Margaret Leary School. Tax value is TBD by Butte Silver bow.
#400546

Butte

Lot #77 Western Boulevard

None Beds

None Baths

0.2227 acres

$102,900

MLS#: 400546

Commercial Income Property with Development Upside
Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors.
The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand.
Property Overview
• Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718
• Property Type: Commercial — Retail, Showroom & Warehouse
• Total Building Size: 33,400 SF (five condo units)
• Land Area: 2.777 acres (two parcels)
• Frontage: 337 feet on US Highway 191 South
• Occupancy: 100% leased

Development Upside
The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements.

Cap Rate 7.25% Building & 11,518 SqFt Development parcel.
#409918

Bozeman

81211/ 13 Gallatin Road

None Beds

None Baths

33,400 Sq.Ft.

$10,518,000

MLS#: 409918

Discover a rare canvas of opportunity situated against the breathtaking backdrop of the Bridger Mountain range. This versatile 3-acre parcel offers a seamless, on site blend of residential and commercial utility, strategically located just minutes from the Bozeman Yellowstone International Airport and the amenities of both Belgrade and Bozeman. The property currently features a sophisticated live-work facility, comprised of a spacious office, an oversized garage, and a curated one-bedroom residence. Previously operating as a successful Airbnb with a strong rental history, this dwelling provides immediate turnkey income or a comfortable landing spot while you plan your future. Benefiting from flexible Neighborhood Commercial zoning, the possibilities are truly endless. Envision constructing your custom dream estate to capture the alpenglow, or expand the commercial footprint to suit your business needs. Whether you seek a private sanctuary with income potential or a strategic base for your enterprise, this property invites you to define your own legacy in the Gallatin Valley.
#407476

Belgrade

27 Progressive Drive

None Beds

None Baths

1,500 Sq.Ft.

$1,299,000

MLS#: 407476

Morning light spills across Duck Lake as the water turns glassy and still, broken only by the quiet ripple of a rising trout. Coffee tastes better here—on one of the two decks, with mountain air filling your lungs and the unmistakable silhouette of Chief Mountain standing watch in the distance. Time slows down and summer memories are made without trying. Set along the western shore of world-class Duck Lake, this rare waterfront lot offers a front-row seat to everything Montana summers are meant to be. Cast a line for legendary rainbow and brown trout, launch a boat for a leisurely afternoon on the water, or spend sun-soaked days swimming, paddling, and laughing until sunset paints the sky. Evenings invite campfires, stargazing, and stories shared.
Just minutes from the entrance to Glacier National Park, this property is perfectly positioned as a personal vacation escape or a sought-after rental destination. Campers and outdoor enthusiasts are drawn year after year to this region—coming for Glacier’s iconic trails, alpine lakes, and wildlife, and staying for the unmatched access to fishing and boating right outside their door. Whether you envision hosting vacationers, parking your own camper, or building a simple seasonal retreat, the possibilities here are wide open. From this lakeside basecamp, adventure is always within reach—hiking in Glacier by day, boating on Duck Lake in the afternoon, and watching alpenglow dance across Chief Mountain by evening. Summers feel endless here, memories feel permanent, and Montana shows off at its very best.
#408415

Babb

Lot 11 W Shore Road

None Beds

None Baths

0.261 acres

$139,900

MLS#: 408415

Excellent central location for your business or investment.  3 phase power, natural gas, domestic water and paved access and stub for fire suppression. Commercial covenants with flexibility for live/work. Don't miss your opportunity to grab the last lot available in this development
#409081

Belgrade

TBD Remmy

None Beds

None Baths

1.0 acres

$599,000

MLS#: 409081

The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape.

Of the deeded acres, 1,236±-acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage. 

The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird life. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing.

Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.
#397752

Bozeman

495 Moffit Gulch Road

None Beds

None Baths

N/A

$24,000,000

MLS#: 397752

Escape to the breathtaking beauty of Hebgen Lake Montana with this land listing that promises a paradise for recreation enthusiasts. 
With the stunning backdrop of the Rocky Mountains, this lot offers you the opportunity to build your dream home.
Whether you are an avid fisherman, water sports enthusiast, like to snowmobile, hike or bike this property is a year round haven for outdoor lovers.
Take advantage of down hill  skiing in Big Sky Montana and the cross country ski trails of West Yellowstone, not to forget that the west entrance to Yellowstone National Park is a close 15 mile drive from the lot.
Create your personal haven in this recreational paradise.
#390205

West Yellowstone

76 Buffalo

None Beds

None Baths

0.411 acres

$147,500

MLS#: 390205

Set on over an acre in Hyalite Ranch, this newly completed custom home by Old Mill Homes was designed for buyers who want clean architecture, meaningful function, and the kind of quality that holds up long after the first showing. With 4,564 square feet, 5 bedrooms, 4 bathrooms, and a 3-car garage, the floor plan delivers what so many luxury homes miss: a large and livable main level, intentional separation between private and shared spaces, and the infrastructure to support real life at a high level.

The main living area opens beneath vaulted ceilings and a dramatic wall of glass, connecting the great room, dining area, and kitchen in a way that feels open without losing warmth. A gas fireplace grounds the room, while mountain views and southern exposure do the rest. Just beyond, a massive covered patio with its own fireplace creates a true extension of the living space, making it easy to enjoy outdoor dining, entertaining, and Montana evenings well beyond summer.

The kitchen is equal parts showpiece and workspace, finished with Thermador appliances, custom cabinetry, generous island space, and subtle details that elevate the experience, including LED under-cabinet lighting and luxury fixtures sourced from Arhaus, Lumens, and Restoration Hardware.

The main-level primary suite is where the house really separates itself. Spacious, private, and beautifully finished, it includes an oversized bath with heated floors, strong scale, and a custom closet that feels intentional rather than an afterthought. Upstairs, additional bedrooms, bathrooms, and flexible bonus space allow for guests, work-from-home needs, recreation, or multigenerational living.

Behind the scenes, the home is exceptionally well equipped with multi-zoned forced air heating and air conditioning, a humidification system, heat recovery ventilation, heated makeup air for balanced ventilation, radon mitigation, upgraded insulation, a whole-house water softener, 400-amp electrical service, wiring for EV charging and a hot tub, and selected windows pre-wired for electric blinds. Even the heated 3-car garage goes beyond storage, with a dedicated dog and boot wash station built for Montana living.

This is a home that delivers the visuals buyers expect, but also the systems, comfort, and long-term quality they rarely find all in one place.  LANDSCAPING INCLUDED WITH PURCHASE.
#409983

Bozeman

442 Balsam Drive

5 Beds

3 Baths

4,564 Sq.Ft.

$3,300,000

MLS#: 409983

Convenient, single garage located at Bozeman Yellowstone Int'l Airport.  Great for frequent travelers or second home owners.  Keyless entry, 12x24 unit with 9x9 garage doors.  This is an un-heated unit.
#395386

Belgrade

NHN Gallatin Car Park C-15

None Beds

None Baths

277 Sq.Ft.

$50,000

MLS#: 395386

Warm, inviting, and full of character, this centrally located 3-bedroom, 1-bath home offers a rare blend of rustic cabin charm, functional living, and standout amenities designed for everyday comfort and memorable gatherings.
Perfect for families, first-time buyers, or those looking for a home with personality and versatility, this property delivers both lifestyle and practicality in one unique package.
Step inside to rich wood ceilings and cozy living areas anchored by two fully functioning fireplaces, creating a warm Montana cabin feel throughout. The kitchen offers generous cabinetry, ample counter space, and a seamless connection to the dining area, ideal for family meals or entertaining guests.
A standout feature of the home is the private hot tub retreat just off the master bedroom, an enclosed, cedar-lined, fully vented space designed for year-round relaxation and unwinding after a long day.
Outside, the property continues to impress with a fully fenced yard and dedicated entertaining space featuring a custom brick fire pit and outdoor barbecue/oven, perfect for summer nights, family gatherings, or hosting with friends.
The oversized, heated 2-car garage goes beyond basic storage, offering a fully set up workshop space ideal for hobbies, projects, or additional functionality. Equipped with a new garage door, opener and supplemental heat, it’s built for year-round use.
Additional highlights include:
- Central location close to schools, shopping, and amenities  
- Unique architectural details and warm wood finishes throughout  
- Functional layout designed for comfort and everyday living  
- Private, fenced in yard with multiple outdoor living options  
This home offers a rare combination of cozy cabin atmosphere, practical space, and lifestyle features, making it the perfect place to settle in, entertain, and truly feel at home.
#409792

Butte

1353 Dewey

3 Beds

1 Baths

1,512 Sq.Ft.

$274,000

MLS#: 409792

This stunning new-construction condo combines modern design with everyday convenience, located just minutes from Gallatin high school, elementary schools, private schools, dining, recreation, shopping, and more. Offering three spacious bedrooms and two-and-a-half bathrooms, this home is thoughtfully designed for both comfort and style. The bright, open-concept kitchen features sleek countertops, stainless steel appliances, and a large pantry—perfect for both everyday living and entertaining. The seamless flow between the living and dining areas creates an inviting space, with direct access to the patio for indoor-outdoor enjoyment. Upstairs, you’ll find all three bedrooms along with a conveniently located laundry area. The primary suite offers a private retreat, complete with double vanities, a tiled shower, and a generous walk-in closet. A versatile bonus space on the second level provides flexibility for a family room, home office, or additional living area to suit your needs. Enjoy upgraded, high-quality finishes throughout, along with the added convenience of a one-car attached garage.
#408850

Bozeman

1051 Baxter Creek Way D

3 Beds

1 Baths

1,572 Sq.Ft.

$499,900

MLS#: 408850

Rare Multi-Family Lot in Ennis!

A unique development opportunity in one of Montana’s most desirable small towns! This .211 acre level lot is zoned for multi-family use and located within the town limits of Ennis, offering outstanding potential for investment, rental income, or a custom duplex or triplex build.

Property Highlights:

Zoned for Multi-Family – Perfect for duplex or triplex

Fully Serviced – City water, sewer, and electricity available at the street—ready for hookup

Prime Location – Walkable to Ennis Schools, hospital, grocery store, restaurants, and Main Street shopping

Outdoor Access – Minutes from the Madison River and Lions Park for fishing, hiking, and recreation

Multi-family lots like this are extremely rare in Ennis—don’t miss your chance to build income-generating housing or your ideal home with rental potential in a growing, vibrant community
#404056

Ennis

Lot 14 Hugel

None Beds

None Baths

0.211 acres

$350,000

MLS#: 404056

Own a piece of Montana with this premier 39.97-acre property, a rare gem in the heart of Big Sky. This expansive parcel directly borders the National Forest, providing a private gateway to pristine wilderness and unlimited reacreation. Imagine waking up to sweeping views of the Spanish Peaks before stepping directly onto the community cross-country skiing route that winds through the land. Whether chasing morning powder on a snowmobile, embarking on a premier hunt in the adjacent wilderness, or exploring high-alpine terrain via OHV and hiking trails, this acreage is an unmatched sanctuary for the outdoor enthusiast. 

Two potential build sites have been thoughtfully cleared and marked on the lower 20 acres to capture optimal mountain scenery. To protect the integrity of the land and local wildlife, the upper acreage remains a preserved natural corridor. Located within an exclusive gated community with HOA-maintained roads, this property provides the security of reliable, year-round access. This is a significant, multi-generational opportunity to own an exclusive parcel in the region with the prestige of Big Sky, MT living. 

This property is minutes away from the vibrant Big Sky community, the legendary slopes of Big Sky Resort, the local golf course, and the blue-ribbon fly fishing of the Gallatin River. 

Contact your favorite Realtor today for a private tour!
#408305

Big Sky

TBD Bear Den Court Road

None Beds

None Baths

39.97 acres

$1,800,000

MLS#: 408305

Now being offered divisible! Prime Downtown Bozeman Office Space - Class A Building. 2,000 SF of premium office space located on the second floor of The Dutton Building, a Class A commercial property built in 2015 at the highly visible intersection of Main Street and Grand Avenue. Surrounded by thriving businesses and positioned on one of DowntownBozeman’s most active corners, this space offers both prestige and convenience. The suite features: six private offices plus a spacious conference room, large open bullpen area ideal for collaborative work, inviting
sitting area, stand up counter space for working or lounging, open kitchen, private Men's and Women's restrooms conveniently located within the suite, large picture windows providing abundant natural light, key fob entry with two private entrances, elevator access, and high visibility with up to 30 sq ft available for exterior signage. This is an exceptional opportunity to establish your business in a premier downtown location with unmatched visibility, modern amenities, and a professional atmosphere.
#406517

Bozeman

131 W Main Street D2

None Beds

None Baths

1,750 Sq.Ft.

$25

MLS#: 406517

This is one of the premier lots in the new subdivision called Old Works Estates. The lot is 7405 sq ft and has water, sewer, gas and electric run to the lot line. Sidewalks and street lights have been installed. A single family home made be built on the property or a townhouse or duplex. The county and state have already approved the lot for this.
#409933

Anaconda

lt 13 Prosperity Street

None Beds

None Baths

0.17 acres

$84,000

MLS#: 409933

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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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