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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 in the heart of Sweet Grass County, Cayuse Creek Ranch is a rare and exceptional offering in Montana’s rich ranching and sporting landscape. Spanning approximately 1,185± deeded acres, this well-balanced property lies just east of the charming community of Melville and only 20± minutes north of Big Timber. With easy access to Bozeman in under an hour and a half, it offers pristine natural beauty, exceptional recreational opportunities, and the practicality of a working ranch, making it a true legacy investment.

A cornerstone of the property is its impressive water features. Cayuse Creek meanders through the ranch for 2.2± miles—restored by professionals to enhance its wild trout habitat, water quality, and overall flow. It now supports a vibrant fishery, teeming with healthy populations of brown trout, some exceeding 20 inches. In addition, over a mile of meticulously restored spring creek offers another exceptional cold-water fishery, elevating the angling experience for fly-fishing enthusiasts.

Cayuse Creek Ranch improvements are tasteful, practical, and in harmony with the setting. The main residence is comfortable and welcoming, complemented by a newly constructed equipment shop and a beautifully updated rustic guest cabin. Views from the property are breathtaking, especially those of the towering Crazy Mountains, which provide a dramatic backdrop to the serene ranch setting.

With strong water rights supporting prolific grass growth, the ranch currently accommodates 500 bred yearlings seasonally. Unencumbered by a conservation easement and bordered by nearly 0.7± miles of state land, Cayuse Creek Ranch presents an unparalleled opportunity to own a productive, scenic, and recreationally rich property in one of Montana’s most iconic regions.
#406005

Big Timber

229 Cremer Road

4 Beds

3 Baths

2,499 Sq.Ft.

$13,950,000

MLS#: 406005

Nestled in the heart of Sweet Grass County, Cayuse Creek Ranch is a rare and exceptional offering in Montana’s rich ranching and sporting landscape. Spanning approximately 1,185± deeded acres, this well-balanced property lies just east of the charming community of Melville and only 20± minutes north of Big Timber. With easy access to Bozeman in under an hour and a half, it offers pristine natural beauty, exceptional recreational opportunities, and the practicality of a working ranch, making it a true legacy investment. A cornerstone of the property is its impressive water features. Cayuse Creek meanders through the ranch for 2.2± miles—restored by professionals to enhance its wild trout habitat, water quality, and overall flow. It now supports a vibrant fishery, teeming with healthy populations of brown trout, some exceeding 20 inches. In addition, over a mile of meticulously restored spring creek offers another exceptional cold-water fishery, elevating the angling experience for fly-fishing enthusiasts. Cayuse Creek Ranch improvements are tasteful, practical, and in harmony with the setting. The main residence is comfortable and welcoming, complemented by a newly constructed equipment shop and a beautifully updated rustic guest cabin. Views from the property are breathtaking, especially those of the towering Crazy Mountains, which provide a dramatic backdrop to the serene ranch setting. With strong water rights supporting prolific grass growth, the ranch currently accommodates 500 bred yearlings seasonally. Unencumbered by a conservation easement and bordered by nearly 0.7± miles of state land, Cayuse Creek Ranch presents an unparalleled opportunity to own a productive, scenic, and recreationally rich property in one of Montana’s most iconic​​‌​​​​‌​‌​​​​‌​​‌​​​​‌‌ regions.
#406008

Big Timber

229 Cremer Road

4 Beds

3 Baths

2,499 Sq.Ft.

$13,950,000

MLS#: 406008

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

This extraordinary 146± acre estate is the crown jewel of North Pass Ranches, Bozeman’s premier luxury ranch community. Ideally situated just 15 minutes from downtown Bozeman, this legacy property offers a rare combination of privacy, accessibility, and unmatched natural beauty. As the original founder’s location and the most coveted site within the ranch, it occupies a commanding ridgeline with panoramic views stretching across the Gallatin, Madison, and Tobacco Root ranges, as well as the iconic Absaroka-Beartooths and the sweeping Bozeman valley below. At the heart of the property lies a masterfully updated 8,000± square foot main residence, designed to inspire. Soaring ceilings up to 31 feet frame expansive living spaces, anchored by a gourmet chef’s kitchen outfitted with top-tier appliances and a dramatic main-level primary suite featuring a spa-caliber en suite bath, oversized walk-in dressing room, and a striking fireplace. Finishes throughout speak to a refined mountain aesthetic—leathered quartzite countertops, reclaimed oak ceiling beams, custom light fixtures, and premium designer details at every turn. A separate 3,000± square foot guest house includes 4 bedrooms, 3 bathrooms, and an attached two-car garage, offering space for extended family, friends, or on-site staff. Designed for the equestrian enthusiast, the property features a heated 14,560± square foot indoor riding arena with five stalls, two foaling stalls, a tack room, bathroom, kitchen, and ample equipment storage. The grounds include brand-new fencing, multiple pastures, and direct access to miles of private riding and hiking trails that wind throughout North Pass Ranches and into State of Montana land. Owners within the ranch community enjoy over 9 miles of private trails, stocked fishing ponds, a full-time on-site ranch manager, and shared amenities ideal for gathering, recreation, and solitude alike. Wildlife abounds—moose, elk, deer, and bear are regular visitors—enhancing the deep connection to nature this property offers. This is more than just the finest location within North Pass Ranches—it’s a rare chance to secure a legacy estate in one of Montana’s most sought-after landscapes. The blend of luxury, land, and location simply has no equal.
#407318

Bozeman

1221 Green Valley Way

4 Beds

3 Baths

8,156 Sq.Ft.

$13,725,000

MLS#: 407318

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

Introducing The Baden-Baden Ranch — a rare legacy offering in Gallatin Gateway, Montana, now available for the first time since 1970. Spanning approximately 290± acres across three legal parcels (~104.7 acres, ~20.56 acres and ~164.7 acres) each with its own designated homesite, this ranch showcases some of the Gallatin Valley’s most fertile and scenic land. With 165± acres of center-pivot irrigated cropland supported by historic 1866 water rights from the West Gallatin Canal, the property is as productive as it is beautiful. A spring-fed trout pond and Wortman Creek enhance both the recreational appeal and functionality.
Panoramic views of the Spanish Peaks, Bridger Range, and the iconic Flying D Ranch surround the property, offering the quintessential Big Sky Country backdrop. Wildlife is abundant—elk, deer, moose, and a wide variety of birds including sandhill cranes, ducks, geese, and bald eagles regularly visit the land. Protected by a GVLT conservation easement, the ranch also features ~4 miles of well-maintained roads, with natural gas and electricity available for future improvements.  The ranch is ideally located 16 miles to Bozeman Yellowstone International Airport, 14 miles to Downtown Bozeman and 31 miles from Big Sky! Whether you're seeking a private retreat, working agricultural operation, or a long-term investment in one of Montana’s most sought-after valleys, the Baden-Baden Ranch offers unmatched potential in an extraordinary location!
#403218

Gallatin Gateway

TBD Cottownood Road

None Beds

None Baths

N/A

$12,950,000

MLS#: 403218

Price reduced
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.
#402808

Cameron

327 Granger Road

3 Beds

3 Baths

3,099 Sq.Ft.

$12,900,000

MLS#: 402808

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

European company LHM Homes presents their first Norwegian style mountain home built in the U.S. Set in a quiet location within Spanish Peaks Mountain Club, this newly completed residence blends Scandinavian craftsmanship with fully turnkey refined mountain living on a private 2.5 acre lot. Furnishings, finishes, and accessories are meticulously curated, with many elements crafted exclusively for this home. Natural materials and modern elegance create a sanctuary of design, comfort, and quality. 
With 4 bedrooms, a large bunk room, 5.5 baths, a spa with sauna & hot tub, and a two-car garage, the floorplan balances gathering spaces with restful private retreats. The gourmet kitchen features include Gaggenau appliances, custom European oak cabinetry with soft close drawers, LED lighting, pop-up island outlets, and wireless charging integrated into the dining table. Leather cabinet hardware and magnetic locking interior doors elevate both beauty and performance.
Outdoor living is seamless with a stone terrace off the dining area and a wrap-around thermally modified ash deck that adjoins the primary suite to the private hot tub. It is the ideal place to relax after time spent skiing, golfing, hiking, or biking.
Interior details reflect an elevated standard throughout. Wide plank European oak floors with radiant heat ensure year-round comfort. The dramatic fireplace features a one-piece stone hearth sourced in Idaho. Triple-glazed European windows provide exceptional insulation and tranquility. Custom cabinetry and furniture designed and built in Europe fit each space with precision. Other smart features include a built-in sound system, integrated technology and lighting with a Lutron Caseta programmable system, and strategically placed WiFi access points. The residence includes a cold roof and ventilated wall structure to optimize energy efficiency and comfort in every season.
Multiple living areas and a custom wine/beverage bar with Gaggenau wine refrigerators and beer tap system  add convenience and sophistication. Every element from interior layout to furnishings and artwork was selected to reflect the natural beauty of its setting.
Spanish Peaks Club membership provides access to private golf, dining, ski in and ski out clubhouses, privileges at Montage Big Sky, and a welcoming community that celebrates outdoor adventure and relaxation. This residence is a lifestyle rooted in craftsmanship, tranquility, and a deep connection to Montana wilderness.
#406336

Big Sky

2673 Ousel Falls Road

4 Beds

1 Baths

5,405 Sq.Ft.

$12,900,000

MLS#: 406336

The Krueger Building is a legacy investment opportunity located in Historic Downtown Bozeman!  Originally constructed in 1885 and completely rehabbed in 2007/8.  This iconic property sits in the thick of Downtown on the SW corner of Main Street and South Bozeman Avenue.  The property houses some of Bozeman's finest establishments; contributing to the unique fabric of Downtown.  This is a low risk, low maintenance, low mgmt, fully leased (NNN leases w/ renewal options) investment opportunity.  A fantastic step into the Downtown Bozeman marketplace.  Call today to schedule a tour.
#379293

Bozeman

140 E Main Street

None Beds

None Baths

25,252 Sq.Ft.

$12,750,000

MLS#: 379293

Highwood Mountain Cattle Ranch is positioned along the Highwood Mountain front in central Montana. Covering 3,630 total acres, the ranch offers a strong combination of productive grazing land, practical infrastructure, and direct access to public lands—making it well-suited for both a production-focused operator and a buyer who values recreation and long-term land stewardship. The terrain transitions from rolling native grasslands to timbered foothills, providing diverse grazing environments and natural protection throughout the seasons. This variation supports healthy livestock movement, pasture rotation, and year-round usability. Water is well-distributed across the ranch, supporting both cattle and wildlife. Improvements have been developed with long-term function in mind. A well-established network of internal roads and trails provides reliable access to all major pastures and infrastructure. Cattle handling facilities are efficient and thoughtfully maintained, built to reduce stress and improve flow. Outbuildings serve a range of operational needs, from equipment storage to feed management, and are positioned for convenience without disrupting the landscape.

The ranch borders the Lewis and Clark National Forest, providing direct access to expansive public ground. This boundary adds both privacy and recreational depth, with consistent elk and mule deer movement through the property. For those who value hunting, or simply quiet access to the backcountry, this property is ideal. Land management practices reflect a commitment to long-term viability. Grazing has been handled responsibly, with a focus on maintaining soil health, supporting riparian zones, and encouraging the regrowth of native grasses. The elevation and location provide favorable growing conditions and help buffer extreme weather. Highwood Mountain Cattle Ranch represents a rare opportunity to acquire a proven, well-balanced ranch in a tightly held region of Montana. It offers scale, functionality, and recreational upside—with the infrastructure and land quality to support continued success.

Ranch can be offered without the wind power lease for 11,250,000
#400897

Geyser

7068 South Peak Road

4 Beds

None Baths

2,200 Sq.Ft.

$12,750,000

MLS#: 400897

Exceptional Development Opportunity on Flathead Lake’s Coveted North Shore! Discover over 9 acres of premier development potential overlooking the crystal waters of Flathead Lake. This south-facing property boasts elevated building sites and flexible zoning, perfectly suited for multi-family, mixed-use, or luxury resort development. With prime highway frontage, approved turn lanes, and a pedestrian crosswalk already in place, accessibility and visibility are second to none—ideal for capitalizing on the area’s growing traffic and tourism. Enjoy approximately 263' of lake frontage offering endless possibilities for waterfront recreation and income with the property including a successful nightly/weekly resort in operation, featuring 7 income-producing guest cabins and a thriving charter fishing business. Whether envisioning a world-class destination or an exclusive investment venture, this rare north shore offering combines proven revenue streams with extraordinary development potential.
#406996

Somers

5463 US Highway 93 S

None Beds

None Baths

9,200 Sq.Ft.

$12,500,000

MLS#: 406996

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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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