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This exceptional 36.375-acre estate blends modern luxury with Montana’s breathtaking landscape, just over 4 miles from downtown Bozeman. The newly remodeled 9,787 sq. ft. residence, originally built in 1989 and transformed in 2022 by NVS Architects and Villa Homes, features seven bedrooms, four and a half bathrooms, and sophisticated, thoughtful design throughout. Expansive living spaces include a state-of-the-art kitchen, theater room, gym, bonus room, dedicated dog room with outdoor access and a stunning outdoor area with a covered patio, outdoor kitchen, firepit, and astroturf dog run. The main level is anchored by a vaulted great room with expansive windows framing mountain views, a gas fireplace, and a Restoration Hardware chandelier. The kitchen is a showpiece, outfitted with high-end BlueStar appliances, a large island, and a hidden prep kitchen with Miele and True appliances—perfect for seamless entertaining. The stunning main level primary suite includes spa bath, dual walk-in closets and a private office with covered patio. The lower level offers four bedrooms, two bathrooms, a large family room with a gas fireplace, and walk-out access to a private patio and playground, creating an ideal space for guests or multigenerational living. The upper level of the home features a large media room with wet bar, two bedrooms, ¾ bath and bonus room. Designed for year-round enjoyment, the outdoor areas seamlessly combine beauty and function. A warm mahogany deck provides a front-row seat to the mountains, while radiant heat in the surrounding tile ensures snow-free patios and walkways in winter. A 1.25-acre pond, greenhouse, heated driveways, a whole-home generator, and three gated entries with paved driveways enhance comfort and security. The 10,400 sq. ft. shop and showroom—fully redesigned in 2022—is a dream space for collectors, hobbyists, or business use. The shop features five car lifts, two gas heaters, and a dedicated workroom with a powder bath. The adjoining showroom offers an epoxy-finished floor, three stylish offices, a kitchenette, and an additional powder bath—ideal for professional operations, meetings, or displaying prized collections. With direct access to National Forest and the M Trailhead, this rare property offers the ultimate Montana lifestyle—private, convenient, and built for both adventure and elegance.
#402064

Bozeman

354 Brass Lantern Court

7 Beds

2 Baths

9,787 Sq.Ft.

$16,525,000

MLS#: 402064

Welcome to the distinguished Moonlight Territories, a rare haven within one of the country’s last vestiges of pristine mountain wilderness. Poised in the heart of Moonlight Basin, this legacy property unveils breathtaking 360° panoramas, extending from the grandeur of Spanish Peaks to the lofty peaks of Fan and Cedar Mountain, and the iconic Lone Mountain. Distinguished yet embracing, the landscape is adorned with mature evergreens, perfectly framing these awe-inspiring views from every vantage point, cultivating an atmosphere of seclusion that enriches your personal sanctuary. Set in nature, this property is connected by miles of recreational trails traversing the Territories, imparting a sense of being worlds away, all while maintaining close proximity to the unparalleled amenities synonymous with Moonlight Basin and One&Only Moonlight Basin, opening in 2025.  From world-class skiing at Big Sky Resort to tee times at the infamous Jack Nicklaus golf course, lake activities, winter pursuits, and so much more. The unspoiled beauty unfolds as far as the eye can see, with over 2,500 acres protected by a perpetual conservation easement. This legacy property stands as a testament to Moonlight Basin's commitment to preservation. Embark on a lifestyle where the unbroken charm of nature seamlessly integrates with the allure of exceptional access and amenities. Territory 5, one of several larger tracts within Moonlight Basin, invites you to experience the unparalleled luxury of living while embracing the beauty of the land.
#389015

Big Sky

TBD Jack Creek Road, Moonlight Territory Parcel 5

None Beds

None Baths

161.302 acres

$16,000,000

MLS#: 389015

Nestled in the heart of White Sulphur Springs, Montana, the Spa Hot Springs Motel & Tenderfoot Cabins offer a rare opportunity to acquire a distinguished hospitality and wellness destination with a century-old legacy. This property blends Montana’s natural beauty, historic charm, and the growing appeal of luxury wellness travel. Located on Main Street, it provides exceptional visibility and accessibility while offering guests an authentic experience rooted in natural mineral waters, contemporary comfort, and small-town hospitality.

The property is ideally situated within a scenic mountain valley, serving as a gateway to year-round outdoor recreation, including skiing and snowboarding at nearby Showdown Mountain, cross-country trails at Silver Crest, and summer activities such as hiking, fishing, kayaking, and mountain biking. This consistent influx of visitors supports steady occupancy and mitigates seasonal volatility common to rural hospitality assets.

Spa Hot Springs features three mineral-fed soaking pools, two outdoors and one indoors, maintained between 100–105°F. The chemical-free waters are drained nightly, ensuring a pure and restorative experience. Complementing the pools are 41 motel rooms and 12 Tenderfoot Cabins, each combining rustic Montana character with modern amenities. Pet-friendly policies, remodeled interiors, and attentive service foster a loyal and repeat clientele, supporting stable, year-round operations.

From an investment perspective, the property offers a strong foundation of income with significant upside potential. Opportunities include the addition of curated spa services, wellness retreats, yoga weekends, and corporate getaway packages. The property’s layout and downtown location also allow for lodging expansion, premium package offerings, and membership-based revenue models. Bundling accommodations with soaking access, spa treatments, and guided outdoor experiences can capture higher-spending travelers seeking authenticity and wellness-focused escapes.

Spa Hot Springs also benefits from a compelling narrative: its mineral waters have been valued for centuries, with origins dating back to Indigenous use and commercial development in the 19th century. This heritage, combined with careful stewardship and modern operations, positions the property as a genuine, high-end wellness destination in a competitive market.
#406962

White Sulphur Springs

202 & 301 W Main

None Beds

None Baths

31,934 Sq.Ft.

$15,500,000

MLS#: 406962

An extraordinary opportunity to claim 276 acres of untamed alpine beauty in the private Moonlight Territories at Moonlight Basin — a rare holding in one of Big Sky, Montana’s most exclusive and conservation-minded enclaves. Tucked behind a gated entrance and bordered by over 2,500 acres of protected wilderness, Moonlight Basin Territory 2 offers sweeping 360-degree views of Lone Mountain, the Spanish Peaks, Fan Mountain, and Cedar Mountain. This is one of the last remaining parcels of its scale — where the majesty of the landscape meets the privilege of proximity.

Here, the terrain unfolds in a stunning tapestry of old-growth evergreens, wildflower meadows, and soaring ridgelines — creating a natural sanctuary that offers both seclusion and inspiration. With multiple homesite options and access to private recreational trails reserved solely for Moonlight owners, Territory 2 is an invitation to design a multi-generational retreat that honors the land while offering every modern luxury.

Just minutes away are the acclaimed slopes of Big Sky Resort and the forthcoming One&Only Moonlight Basin — a five-star alpine resort redefining luxury in the Northern Rockies. Ownership also grants eligibility for membership in the private Moonlight Club, including access to the Jack Nicklaus Signature Golf Course, Ulery’s Lake, world-class dining, wellness facilities, and ski-in/ski-out terrain spanning over 5,800 acres.

As one of the largest privately held properties in Big Sky, Territory 2 is more than a land acquisition — it is a legacy in the making. This is a place to build not only a home, but a family haven, a living memory. A place where mornings begin with alpine light breaking over Lone Mountain, and generations gather beneath wide Montana skies. For those who seek enduring beauty, meaningful privacy, and the rare chance to craft something timeless, Territory 2 offers a singular opportunity to invest in land that lives on — in purpose, in story, and in spirit.
#404852

Big Sky

TBD Jack Creek Road, Moonlight Territory Parcel 2

None Beds

None Baths

276.4 acres

$15,000,000

MLS#: 404852

Slate Storage is a premier Class A self-storage facility spanning approximately 22 acres in the heart of the Gallatin Valley in Bozeman, Montana, one of the fastest growing and most affluent cities in the state. Built in 2021 and expanded in 2023, the facility features high-quality construction that meets the luxury standards of the Bozeman market, with a mix of drive-up units and outdoor parking. The property is fully permitted and engineered for future conversion of outdoor parking into additional drive-up units, offering a path for revenue growth. With continued lease-up momentum, continued addition and expansion of nearby residential subdivisions, strong annual rent increases supported by the robust local market Slate Storage offers compelling financial upside. Its prime location in the valley benefits from high barriers to entry and limited future nearby competition, while the planned extension of West Oak Street will further enhance accessibility and long-term value. This is a rare investment opportunity in a tightly held, supply-constrained market, contact the listing broker today to learn how Slate Storage can become a top-performing asset in your portfolio.
#402849

Bozeman

4200 Love Lane

None Beds

None Baths

97,101 Sq.Ft.

$14,990,000

MLS#: 402849

Situated in the untamed wilderness of Montana, this One&Only Moonlight Basin Private Home offers beautifully designed spaces, all blending in seamlessly with this remarkable landscape of forests and peaks. The six-bedroom residence features 5,671 square feet within three levels for added privacy. Offering some of the most remarkable living in all of Big Sky, these contemporary homes boast floor-to-ceiling windows, roaring fireplaces, and timeless finishes. Enveloped by Big Sky's evergreen forests and snow-capped mountains, these expansive residences provide the perfect retreat for family and friends to gather, relax and rejuvenate after a day of adventure in the great outdoors.
#388359

Big Sky

#9 One&Only Private Home

6 Beds

1 Baths

5,671 Sq.Ft.

$14,950,000

MLS#: 388359

Exclusive Farmland Investment Opportunity at 154 Wheatland Road, Three Forks, MT 59752 This is a once-in-a-generation opportunity to acquire a spectacular parcel of rolling farmland strategically positioned in the heart of Three Forks' most explosive growth area. This desirable land is currently surrounded by new residential development, cementing its value as a premier investment and future development asset. The property commands unmatched, panoramic views of five distinct mountain ranges, offering a beautiful, sweeping Montana backdrop. This is a Land-Only Listing; the existing residential structure and the adjacent 5-acre parcel are expressly excluded from this sale and will be sold separately. For visionary investors, the property has a significant history: entitlements for a 2,700-lot Master Planned Subdivision have been approved through 2047. Please note: These valuable development approvals and entitlements are sold separately from the land itself.
#406998

Three Forks

154 Wheatland Road

None Beds

None Baths

N/A

$14,706,000

MLS#: 406998

Aspects at Big Sky – Exclusive 10-Home Community Offering
A rare opportunity exists to acquire the entire Aspects community—a private enclave of ten fully furnished modern mountain homes in Big Sky, Montana. Designed with both functionality and comfort in mind, Aspects blends contemporary architecture with the beauty of the surrounding landscape, all just minutes from Big Sky Resort and Yellowstone National Park. Each residence has been thoughtfully crafted, offering three bedrooms with ensuite baths, an open-concept kitchen, dining, and vaulted living room anchored by expansive windows, and a convenient main floor powder room. The private primary suite serves as a retreat with its walk-in closet, spa-like bath, and balcony access, while the kitchens feature stainless GE Café appliances, solid-surface countertops, and generous storage throughout. Homes also include oversized two-car garages with gear storage, dedicated laundry spaces, and inviting outdoor living areas—five of the ten homes are further enhanced with private hot tubs. Comfort is ensured year-round with forced-air heating and central air conditioning. The Aspects community itself is designed to complement its natural surroundings. Residents enjoy a relaxed setting with walking paths, forested open areas, and shared amenities that include a private sauna, outdoor firepits, and the Canteen gathering space. Low HOA dues cover snow removal and common area maintenance, while an exclusive rental program offers owners the option for additional income or reduced carrying costs. Perfectly situated, Aspects is just 10 miles from Big Sky Resort and 50 minutes from the West Entrance of Yellowstone National Park, with hiking, biking, fishing, and endless outdoor adventure available right at your doorstep.With modern construction, curated amenities, and a premier location, Aspects represents a truly rare opportunity to acquire a legacy investment property unlikely to be replicated. Optional rental program provides flexibility and
income potential. Over the last 12 months, each unit in the rental program generated an average of $110,000 in total revenue."
#405321

Big Sky

200 Misty Mountain Court

30 Beds

30 Baths

21,710 Sq.Ft.

$14,000,000

MLS#: 405321

Ekwortzel Legacy Ranch 1896 is a rare and remarkable offering, blending historic Western heritage with recreational opportunities. Originally homesteaded in 1896, this working ranch has been owned and operated by the same family for 129 years. It has earned distinction as a Montana Historical Ranch and is a treasured part of the state’s ranching heritage. Spanning approximately 566± acres in the heart of Montana’s Stillwater Valley, this legacy property is defined by its pristine waters, abundant wildlife, and limitless potential. 

The ranch boasts over one mile of the Stillwater River and 0.6± miles of the West Fork Stillwater River, two crystal-clear trout streams that meander through the property, offering exceptional fishing and breathtaking scenery. Thermal waters and natural springs flow throughout, presenting opportunities for stream restoration and enhancing the property’s ecological richness.

The ranch’s habitat diversity supports excellent waterfowl hunting, while 160± acres of irrigated and sub-irrigated meadows produce creeping meadow foxtail and orchard grass. Currently, the ranch supports 160 cow/calf pairs from October through May, with additional summer lease ground for 12 bulls and 30 replacement heifers, and a forest service permit for 39 head from late July through September.

With no zoning restrictions and no conservation easements, Ekwortzel Legacy Ranch 1896 offers the rare freedom to build, preserve, or evolve the land to match your vision. Located adjacent to a charming, historic one-room schoolhouse still in use today, the property is just minutes from Woodbine Falls and a Custer National Forest trailhead, and within 20± air miles of Yellowstone National Park. Accessible yet secluded, it lies 45± minutes from Columbus, 1± hour from Red Lodge, and 1.5± hours from Billings and Billings Logan International Airport.

Timeless and versatile, Ekwortzel Legacy Ranch 1896 embodies the spirit of the American West — a place where natural beauty, agricultural tradition, and boundless opportunity converge.
#406223

Nye

8 West Fork Road

3 Beds

2 Baths

1,920 Sq.Ft.

$14,000,000

MLS#: 406223

Nestled on 163± acres of pristine Montana landscape, 5350 River Road is a masterpiece of architectural harmony, seamlessly blending luxurious improvements with the breathtaking beauty of over one mile of Gallatin River frontage. Just ten minutes from vibrant downtown Bozeman, this sanctuary feels worlds apart, offering unparalleled tranquility and natural splendor. Crafted with natural stone and reclaimed wood, the elegant yet rustic residence merges effortlessly with its riparian surroundings, as if born from the land itself. Towering cottonwoods and aspens envelop the home, creating a private oasis bathed in soft, filtered light. Vibrant, artfully designed gardens bloom in harmony with Montana’s seasons, adding bursts of color to the native landscape. Step outside to the Gallatin River’s live waters, where world-class trout fishing awaits right at your doorstep. The property’s irrigated hay fields, mature trees, and serene riverfront foster a haven for wildlife, equestrian pursuits, and boundless recreation. Thoughtful improvements include an insulated shop, a pole barn for hay and equipment, and an outdoor riding arena framed by the river’s gentle flow. This rare estate balances productive agriculture, refined living, and outdoor adventure, all within easy reach of Bozeman’s cultural and culinary delights. 5350 River Road is more than a home—it’s a legacy, offering a life of timeless beauty and limitless possibility.
#402514

Bozeman

5350 River Road

2 Beds

2 Baths

3,456 Sq.Ft.

$13,750,000

MLS#: 402514

The iconic Nash-Finch Building presents a significant commercial opportunity in the heart of historic downtown Bozeman. Originally constructed in 1915 by renowned Bozeman architect Fred Willson, the Nash-Finch Building has long been a cornerstone of downtown commerce, dating back to Bozeman’s early days as a trade center and outpost. Much of the original character remains—brick walls, original oak floors, and a grand entryway preserve the historic charm of the structure.  Fully restored in 2011 and further renovated over the past five years for high-end retail and office use, the building is in exceptional condition. Currently configured with one retail suite and three office suites, tenants benefit from everything downtown Bozeman has to offer: Main Street exposure, private off-street parking, full ADA accessibility, and walkability to all things downtown. With close proximity to Montana Ale Works, the Bozeman Public Library, and numerous parks and businesses, the location offers rare visibility and synergy within the community. The Nash-Finch Building stands as one of Bozeman’s finest historic commercial properties currently available—a unique opportunity for the investor or business who values location, quality, and timeless architectural character.
#404005

Bozeman

612 East Main Street

None Beds

None Baths

20,000 Sq.Ft.

$13,750,000

MLS#: 404005

Fronting on the exclusive East Gallatin River, one of the finest small water fisheries in the region, the East Gallatin River Preserve home was completed in 2023 by Yellowstone Traditions and offers more than 5,500 square feet of living space. The exterior features a combination of stone, wood, mortar, steel, and glass in a modern mountain style. High-end finishes give it a clean, refined look. Outdoor features include covered patios and a built-in BBQ area with clear expansive views of the Bridger Mountains. Inside, the main level begins with a foyer that opens into a large great room with a stone fireplace as the focal point. The great room, dining area, and kitchen share a bright, open layout with vaulted ceilings and large windows looking directly at the Bridger Mountain Range. The kitchen includes a dining island, Viking and Sub-Zero appliances, two farmhouse sinks, and a separate butler’s pantry for additional prep space and storage. 

The master suite faces the river and includes dual walk-in closets, double vanities and water closets both indoor and outdoor showers, and a private connection to an exercise room and a second office (convertible to additional bedrooms) overlooking a neighboring pond. Two en-suite guest bedrooms are also located on the main level, along with a beautiful powder room, two full bathrooms, and a half bath. The home includes a spacious four-car attached garage. Above the garage, there’s a vaulted bonus room that can be used as a game room, office, or extra bedroom. This space also includes a half bath and commanding views of the Bridgers.

River Keep offers direct, private access right out the back door to 0.4 miles of the most productive stretches of the East Gallatin River. More than just river frontage, the river here shapes the entire character of the property. Mature cottonwoods and native grasses frame the overall landscape, while the steady sound of moving water adds to the property’s quiet, secluded feel. Wildlife is abundant, with whitetail deer, pheasants, ducks, and even an occasional moose frequenting the area. The East Gallatin River is one of southwest Montana's best-kept secrets for fly fishing. Much of the East Gallatin River flows through private land, meaning public access is limited. This restricted access keeps angler pressure low and fishing quality high. Despite its peaceful atmosphere, River Keep is just minutes from Bozeman, offering rare river access while not sacrificing everyday convenience.
#404047

Belgrade

127 River Keep Road

3 Beds

3 Baths

5,952 Sq.Ft.

$13,500,000

MLS#: 404047

Remarkable Bozeman investment opportunity! 178 Lot Plat approval, with all water entitlements attached. This property has unobstructed Bridger Mountain views, centrally located off Harper Puckett, and Cameron Bridge, only 10 minutes from Downtown Bozeman, and 10 minutes to the airport. A subdivision property with unmatched potential. Please call for showings and marketing packets. Buyer to verify all information.
#382114

Bozeman

TBD HARPER PUCKETT

None Beds

None Baths

122.479 acres

$13,499,000

MLS#: 382114

Nestled within Spanish Peaks Mountain Club, just steps from Montage Big Sky, this exceptional Montage Mountain Home offers the epitome of luxury mountain living. Designed to integrate seamlessly with the renowned Montage lifestyle, owners will have access to world-class amenities, including fine dining, the signature Spa Montage, and resort-style services, all while being surrounded by awe-inspiring mountain views. Ski-in, ski-out access is complemented by a private ski room with sauna and ample storage, providing convenient access to the Cabin Lift and the slopes of Big Sky Resort. Ideally located near the Spanish Peaks Clubhouse and the Tom Weiskopf Championship Golf Course, this residence is surrounded by hiking trails and outdoor recreation. Offered fully furnished by Alder and Tweed, this home is turnkey, ready for immediate enjoyment or Montage Big Sky rental program.
#398073

Big Sky

117 Martingale Fork 6

6 Beds

6 Baths

5,462 Sq.Ft.

$12,950,000

MLS#: 398073

Nestled in the heart of one of Southwest Montana’s most coveted and scenic regions, MJS Ranch offers an exceptional opportunity to own 1,416± acres in the stunning Madison Valley, just outside Cameron and 20± minutes from the charming town of Ennis. This end-of-the-road property is bordered by 2.5± miles of National Forest and wilderness area, ensuring unmatched privacy and direct access to thousands of acres of pristine wilderness. From nearly every vantage point on the ranch, breathtaking panoramic views stretch across the Madison Valley and out to the towering peaks of the surrounding mountain ranges, creating a majestic and inspiring backdrop. The world-famous Madison River, offering blue ribbon trout fishing, is just 7± miles from the ranch entrance at the Varney Bridge Fishing Access.

The ranch is graced with over 2 miles of Tolman Creek and half a mile of Mill Creek, providing excellent water resources for stock and wildlife. The land is well-suited for productive agricultural use with approximately 100± acres under pivot and 50± acres under flood irrigation. It supports a viable cattle operation with capacity for 80 pairs, bolstered by two additional summer grazing leases.

Improvements on the property include a beautifully crafted 3,100± square foot main home, featuring three bedrooms, three and a half bathrooms, a home theater, and an attached two-car garage with ample storage. The secondary residence, a 896± square foot cabin, offers four bedrooms and two bathrooms, making it ideal for guests or a manager’s quarters. The ranch is well-equipped for equestrian and agricultural use, with an indoor riding arena housing seven stalls, a tack room, a barn, a hay shed, an equipment shop, and corrals.

Located just over an hour from Bozeman Yellowstone International Airport and Yellowstone National Park’s West Entrance, this rare offering balances serene seclusion with excellent access to Montana’s world-renowned amenities and landscapes.
#402750

Cameron

327 Granger Road

3 Beds

3 Baths

3,099 Sq.Ft.

$12,900,000

MLS#: 402750

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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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