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When you enter through the majestic gate you know that you have arrived somewhere special.  This handcrafted log home on two acres is a rare property located in Jeffers.  The attention to detail and the many custom features provide a rare quality letting this home stand out from other log homes.   The upgrades include radiant in-floor heat, vaulted ceilings, unique lightning struck matched log stairs and railing, solid wood floors and sweeping porches to embrace the stunning mountain and ranch views. Leave your loft level office to find inspiration above in the cupola with incredible views that stretch across the valley.  This home is well laid out with plenty of storage and extra space for company or hobbies.  Mature landscaping and extra outbuildings (sleeping cabin, workout area/shop and gazebo) add to this property that has no covenants and borders a large ranch on two sides.  The views are ever changing with the light from morning to night and you will never tire of observing the ospreys nesting in the nearby legendary nest.  Jeffers is a charming rural community just outside of Ennis, MT and close to nearby trailheads and Ennis Lake.  Skiers can benefit from the Jack Creek Road access to Big Sky Resort.  This quality home in a country setting is a must see and an additional 2 acres may be available.
#392900

Ennis

136 Jack Creek Road

4 Beds

3 Baths

2,669 Sq.Ft.

$1,995,000

MLS#: 392900

Two Newer Homes... A Montana retreat — breathtaking Absaroka Mountain Views, wide-open acreage, Horse Property, income potential, and public land access— this 20-acre property delivers it all. With two newer homes, no zoning, one has been a legal short-term rental and the other could also have the possibility which is great with the new 100% bonus depreciation added in 2025! With a location just across from 360 acres of state land for hunting, this is a rare opportunity to own a true Montana legacy property. Situated between the north entrance of Yellowstone National Park, downtown artsy Livingston, and the legendary Yellowstone River, you’ll be surrounded by endless recreation and scenery. The seller has literally stepped out of work calls to retrieve an elk from across the street — that’s how close the wildlife is here. 138 Inverness This A-frame style home was designed to capture sweeping Absaroka Range views through its dramatic wall of windows. Inside, you’ll find a cozy great room anchored by a floor-to-ceiling fireplace with a woodstove insert. The remodeled kitchen features new appliances and countertops, while fresh carpet runs throughout. The single bath was thoughtfully reconfigured to create a beautiful primary ensuite. One front bedroom offers flexible use without a closet, while the second serves as a charming bunkroom. Step outside to a patio with a pergola, an outdoor kitchen, and a hot tub area — perfect for evenings under the stars. The property also includes a small horse stable/tack area and a 1-car garage. 8 Black Hawk Positioned at the corner of the acreage, this single-level home was newly built and offers 3 bedrooms, 2 baths, and modern finishes. Currently rented to a longterm tenant, it provides immediate income potential. A shed adds extra storage for your gear. Why You’ll Love It Here • 20 acres fenced for horses • Legal short-term rental and income from both homes • Directly across from state land for hunting and recreation • Unobstructed mountain views in every direction • Easy access to Yellowstone National Park, Livingston’s art scene, and the Yellowstone River This property blends the best of Montana’s rugged beauty with income opportunities and multigenerational living potential. Whether you envision a family compound, a hunting basecamp, or an investment with built-in tenants, this is a chance to make the Montana dream your reality. Priced at the recent appraisal value.
#404995

Livingston

138 Inverness

3 Beds

2 Baths

1,656 Sq.Ft.

$1,995,000

MLS#: 404995

The Ultimate Montana Dream — Two Newer Homes, Horse Property, and Unmatched Absaroka Views

If you’ve been searching for the perfect Montana retreat — breathtaking mountain views, wide-open acreage, income potential, and unmatched access to the outdoors — this 20-acre property delivers it all. With two newer homes, no zoning, legal short-term rental approval, and a location just across from 360 acres of state land for hunting, this is a rare opportunity to own a true Montana legacy property.

Situated between the north entrance of Yellowstone National Park, downtown artsy Livingston, and the legendary Yellowstone River, you’ll be surrounded by endless recreation and scenery. The seller has literally stepped out of work calls to retrieve an elk from across the street — that’s how close the wildlife is here.

138 Inverness
This A-frame style home was designed to capture sweeping Absaroka Range views through its dramatic wall of windows. Inside, you’ll find a cozy great room anchored by a floor-to-ceiling fireplace with a woodstove insert. The remodeled kitchen features new appliances and countertops, while fresh carpet runs throughout. The single bath was thoughtfully reconfigured to create a beautiful primary ensuite. One front bedroom offers flexible use without a closet, while the second serves as a charming bunkroom. Step outside to a patio with a pergola, an outdoor kitchen, and a hot tub area — perfect for evenings under the stars. The property also includes a small horse stable/tack area and a 1-car garage.

8 Black Hawk
Positioned at the corner of the acreage, this single-level home was newly built and offers 3 bedrooms, 2 baths, and modern finishes. Currently rented to a long-term tenant, it provides immediate income potential. A shed adds extra storage for your gear.

Why You’ll Love It Here
• 20 acres fenced for horses
• Legal short-term rental and income from both homes
• Directly across from state land for hunting and recreation
• Unobstructed mountain views in every direction
• Easy access to Yellowstone National Park, Livingston’s art scene, and the Yellowstone River

This property blends the best of Montana’s rugged beauty with income opportunities and multigenerational living potential. Whether you envision a family compound, a hunting basecamp, or an investment with built-in tenants, this is a chance to make the Montana dream your reality.
#404804

Livingston

138 Inverness

None Beds

None Baths

N/A

$1,995,000

MLS#: 404804

A rare opportunity for both lifestyle and income, this versatile 4.3-acre property just outside Manhattan offers the freedom of no covenants, no zoning, and approvals already in place for future commercial use. Whether you envision a home-based business, an income-producing shop, or a multi-use development, the possibilities are extraordinary. The 2019 custom ranch home blends comfort with quality, featuring 3 bedrooms, 2 baths, real hardwood floors, vaulted ceilings, a wood-burning fireplace, and an attached OVERSIZED 3-car garage with in-floor radiant heat in the garage. Additional highlights include a root cellar with a geothermal loop, a lush garden area with drip irrigation, and a historic granary that adds both charm and utility.  The property is infrastructure-ready and uniquely positioned for expansion. It includes septic approval and installation for a 3-bedroom home, allowing another residence to be built, permits for an additional commercial building, and three commercial-grade stormwater vaults already in place to support future paving and development. With no covenants and no zoning, the options for residential, agricultural, or commercial ventures are wide open.  Outdoor amenities further enhance the lifestyle. Custom 6-foot fencing encloses the backyard and garden oasis, supported by underground sprinklers, a dedicated garden shed, and a chicken coop with electricity for self-sufficient living. Outbuildings include an impressive commercial-grade shop with office space, ideal for contractors, entrepreneurs, or hobbyists.  Paved access, sweeping mountain and valley views, and close proximity to the Gallatin River and Bozeman complete this exceptional property!  One that offers both immediate livability and extraordinary long-term potential.
#405683

Bozeman

4533 Linney Road 4565 + 4501

3 Beds

2 Baths

2,095 Sq.Ft.

$1,995,000

MLS#: 405683

This custom-built, luxury Montana retreat blends timeless design with modern comfort, nestled on a serene, tree-lined lot that backs to community open space for added privacy and serenity. The estate has been completely refreshed with new interior paint, wool carpeting, RH/designer lighting and landscaping. Mediterranean-inspired architecture meets exceptional craftsmanship, with pride of ownership evident in every detail—from the hand-carved wood flooring and intricate ceiling accents to the artisan tile work and thoughtfully designed living spaces. The spacious chef’s kitchen is a true centerpiece, featuring rich custom cabinetry, double ovens, dual dishwashers, a walk-in pantry, and a full wet bar complete with a beverage fridge. The commanding primary suite offers a private patio, a generous walk-in closet with custom built-ins, and a spa-like en-suite bathroom with a step-up soaking tub, double vanities, and a beautifully tiled shower. Three additional bedrooms, each with their own en-suite bathrooms, ensure comfort and privacy for family and guests. A bonus room with a wet bar, a dedicated home office, formal dining room, and an upper-level laundry room with dual washer/dryer setups complete the interior. Step outside to your own private sanctuary, where a manicured lawn, two tranquil ponds with stunning koi fish, and a custom wood-burning sauna await—framed by mature trees and visited often by deer, wild turkeys, and local birds. This property offers peaceful seclusion and added acreage as it backs community open space. Enjoy convenient access to Downtown Bozeman, Big Sky, and the Bozeman Yellowstone International Airport. A truly rare opportunity to enjoy refined mountain living at its best.
#407317

Bozeman

101 Milky Way Drive

4 Beds

4 Baths

4,496 Sq.Ft.

$1,995,000

MLS#: 407317

Welcome to your Montana mountain haven! Completed in 2024, this stunning 4,200 sq ft modern masterpiece sits on 4 private acres just 3 miles from the charming heart of Philipsburg and only 2 miles from the backside chairlift at Discovery Ski Hill—perfect for world-class skiing in the winter and home to one of the best mountain bike parks in the state in the summer. This 5-bedroom, 4-bathroom home blends rustic elegance with cutting-edge efficiency. Designed with both luxury and practicality in mind, the home features a full solar system and a state-of-the-art heat pump and ventilation system for year-round comfort and sustainability. Additionally, all systems can be controlled remotely. Enjoy the expansive Montana views from your large, covered main-level deck and patio—an
ideal space for entertaining or unwinding while overlooking the historic town of Philipsburg and the picturesque Flint Creek Valley. Whether you're sipping your morning coffee or hosting an evening gathering, this outdoor living area is sure to become a favorite. The open-concept main level showcases expansive windows and big sliding glass doors, high-end finishes, and thoughtful design throughout. The lower level is fully self-contained with its own kitchen and private entrance, and a separate, cozy guest cabin with its own utilities adds even more flexibility for hosting friends or generating rental income. The oversized 3-car garage is tailored to your lifestyle with built-in storage for skis, snowboards, mountain bikes, and an electric vehicle charging station. Other recreational opportunities in addition to skiing and biking abound just outside your door: fish the blue-ribbon waters of Rock Creek and Flint Creek, paddle or boat Georgetown Lake, or hike and off-road through the inspiring Pintler Wilderness. Whether you're looking for a full-time residence, vacation retreat, or income-generating
investment, this property offers unmatched access to Montana’s finest outdoor experiences—all in a setting of comfort, privacy, and timeless style. Live where you play—schedule your private showing today.
#402371

Philipsburg

77 Rumsey Road

5 Beds

3 Baths

4,336 Sq.Ft.

$1,990,000

MLS#: 402371

Charm for days. A remarkable opportunity to own a beautiful and meticulously maintained property. This 10-unit motel consists of 5 units up front then 5 individual cabin units on the back side. There are 5 kitchenette units and 5 units with fireplaces. The property also has a 2000 sq ft home that houses the motel office and can serve as owners/managers quarters A prime location just a few blocks drive to the West Entrance of Yellowstone National Park. Conveniently located on highway 20, which leads through town. Offering lodging with individuality and character that combines the rugged feel of Yellowstone with modern day conveniences. The units have been extremely well maintained with updated flooring and tile work in all the bathrooms. Only minutes away from all of the stores, outfitters and fly shops in West Yellowstone. With significant return business and the authentic feel of the units, this property rarely has vacancies. Currently the property operates from Mid-May to the 1st of October only. The property is sold inclusive of all furniture, appliances, and fixtures. A turnkey business ready for the new owner to add their unique touch and welcome guests.
#405089

West Yellowstone

601 Highway Avenue

None Beds

None Baths

5,582 Sq.Ft.

$1,975,000

MLS#: 405089

Presenting a Montana masterpiece that is tucked away on 65 acres and is surrounded by The Rocky Mountains.  It offers a perfect mix of having "plenty of elbow room" but still being only minutes to town (Butte) on maintained roads.  As you approach this unique property, a sense of anticipation fills the air knowing you are about to enter a realm of enchantment—a place where privacy reigns supreme and breathtaking vistas unfold before your eyes.  A grand foyer welcomes you into a luxurious and elegant house with architectural features and ornamentation that make this estate extra-special. Step into any room and you will be greeted by spectacular panoramic views of the majestic mountain ranges.  The heart of the home holds a walk-in atrium that exudes soothing energy tranquility.  Multiple primary suites, each with its own walk-in closet, provide comfort and privacy.  The basement is a walk-out and an elevator is available to get you from floor to floor. The wrap around deck allows a seamless transition from the indoor to outdoor the spaces.  3-car attached garage.  For those who cherish the equestrian lifestyle, a charming horse barn and corral await.   Southwest Montana is rich in recreation, wildlife and scenery and this magnificent property was built for comfort, privacy, and total enjoyment of life!
#391186

Butte

1424 Beef Trail Road

6 Beds

4 Baths

10,135 Sq.Ft.

$1,975,000

MLS#: 391186

DEVELOPMENT OPPORTUNITY!
Prime 2.55-acre R-3 zoned parcel located just 1.4 miles from Montana State University. This ideally positioned property offers excellent potential for multi-family development—whether apartments, condos, or townhomes.

A recent survey of the vacant lot has been completed, streamlining the path toward development. Upon mutual acceptance of a buy-sell agreement, the buyer will be responsible for securing city approval to subdivide the property. Closing will take place within 90 days of receiving subdivision approval from the City of Bozeman.

Don’t miss this rare opportunity to develop in one of Bozeman’s most desirable growth areas!
#406947

Bozeman

TBD 19th Avenue

None Beds

None Baths

2.55 acres

$1,975,000

MLS#: 406947

Situated just south of I-90 and west of Jackrabbit Lane on Fletching Way, this newly constructed commercial live/work building offers a rare opportunity to invest in one of the fastest-growing areas in the valley. The property features three thoughtfully designed, mixed-use units that are perfect for owner-users or income-generating tenants.

Each unit includes approximately 1,242 square feet of ground-floor commercial/shop space, complete with a 49'-38' x 16' warehouse area, a dedicated office, and a private bathroom. A 12' x 12' overhead door ensures easy access, making the space ideal for light industrial operations, trades professionals, or secure storage.

Upstairs, the residential component spans approximately 1,169 square feet and includes two bedrooms, two full bathrooms, a large living and dining room, a well-equipped kitchen with a walk-in pantry, and in-unit laundry. Each unit features a private balcony, providing additional comfort and curb appeal.

Whether you’re looking to house your business and live on-site, or seeking a high-demand rental property with dual-income potential, this asset offers strong versatility and long-term upside in an exceptional location.
#403442

Belgrade

205 Fletching Way

None Beds

None Baths

7,249 Sq.Ft.

$1,975,000

MLS#: 403442

Interested parties are welcome to view and traverse the NW corner of the property via access on the lightly maintained county road called Horseshoe Cottonwood Rd.. Horseshoe Gulch Rd. heads south off of Horseshoe Cottonwood Rd. immediately upon entering the western edge of the property, it then travels south and dead ends at the Gallatin River Ranch's locked gate. Both are lightly traveled county roads and have little impact on the property. There is no public access through Gallatin River Ranch! You must also stay on these two county roads while on the property if you choose to view it before a scheduled showing. 
This is a well-blocked and beautifully elevated property with expansive views of the area, varying topography,
lots of wildlife and exceptional hunting. It also borders a section of State ground on the SW corner. Properties in this price range with these attributes are extremely rare in Gallatin County these days. There is a current appraisal substantiating the value! With proximity to the small Western town of Manhattan, all amenities are available. Excellent big game hunting for elk, numerous antelope, and mule deer! FWP estimates that there is a resident elk herd numbering approximately 750 in the Horseshoe Hills with excellent herd genetics, 400 class bulls, and a good bull-to-cow ratio, plus numerous other species of wildlife! Enjoy the limitless views of four different mountain ranges and vast expanses of Gallatin County. You truly are on the "Top of the Valley"! This is a must-see property in this price range! Both of these county roads are lightly maintained, with seasonal access making travel in heavy rainfall or snowfall quite difficult. Building a deluxe cabin for your enjoyment is the most logical scenario, or just enjoy this wonderful property with motorized travel or on foot. Lots of two-track roads and trails traverse the property, so bring your cross-country skis, snowmobiles, ATVs, Side by Sides, or your 4x4 vehicle and access the whole property, or bring your horses for a beautiful ride. This property sits above the deluxe Gallatin River Ranch, featuring its quality Equestrian Center and public boarding facilities. This facility has everything you need for the type of horses you enjoy. The wildflowers, wildlife, views, privacy, and proximity to the wonderful small western town of Manhattan make this property special. Bring your family and friends! This is a blank canvas where one can create their own Montana Dream Property!
#402123

Manhattan

TBD NE Horseshoe Gulch Road Road N

None Beds

None Baths

1138.0 acres

$1,975,000

MLS#: 402123

Price reduced
Discover your mountain oasis in Bozeman, MT. Just minutes from world class skiing, biking and hiking, this spacious and quality custom home puts you in the perfect place to enjoy all Montana has to offer. Nestled on just over 4 picturesque acres in the heart of Bridger Canyon and boasting breathtaking mountain views, this property offers the perfect blend of tranquility and convenience, with easy access to recreation and 15 minutes to vibrant downtown Bozeman. The expansive layout provides ample room for entertaining and relaxation, allowing you to customize the space to fit your lifestyle. Imagine cozy evenings by the wood burning fireplace or hosting summer barbecues while soaking in the stunning scenery. Enjoy main level living, with a sprawling primary suite on the main floor. The basement features an expansive, walk-out den complete with beautiful built-ins and a new efficient wood burning stove. The lower level accommodates recreation, media, home office or guests. With plenty of outdoor space, this property invites you to explore and enjoy the natural beauty of Bridger Canyon. Whether you’re an outdoor enthusiast or simply seeking a peaceful retreat, this home presents incredible opportunities to make it your own. Don’t miss your chance to own a slice of paradise in one of Bozeman's most sought-after locations.
#403222

Bozeman

10423 Bridger Canyon Road

4 Beds

3 Baths

4,892 Sq.Ft.

$1,970,000

MLS#: 403222

Yellowstone Reserve Commercial Park is Livingston's newest commercial subdivision, located just at the Eastern edge of the Livingston city limits at the Exit 337 Interchange of Interstate 90.  This commercial park abuts Interstate 90 on the south, and Highway 89 on the north for maximum visibility and easy access from the Interstate and Livingston.  Lot sizes range from ~2.5 acres to ~5.9 acres to allow for a variety of commercial uses.  Three phase power available to lot.  Lot 1 is at the NE corner of the development, just next to the westbound on ramp and is 2.508 acres.  Final plat estimated to be Spring 2026.
#405069

Livingston

Lot 1 Yellowstone Reserve Way

None Beds

None Baths

2.508 acres

$1,966,473

MLS#: 405069

This property has so much to offer! Newly remodeld 4 Br Home with 3 additional rental units. Plus a 2250 SF heated shop. Main home features 4 BR/2 baths, Open living space with vaulted ceilings and wood stove and a attached garage. There are 3 additional units each 1BR/1Ba with private entrances, attached garage and all appliances providing great rental income. The shop is 2250 SF of heated space with 2 14x 20 overhead automatic garage doors, half bathroom, a open pit is 36 feet long with a cut out underneath the floor with a grease tank is to drain your oil. All sits on a beautiful 5.14 acre parcel with mature trees just .5 a mile to public fishing access on the Gallatin River
#402088

Bozeman

2444 W Cameron Bridge Road

None Beds

None Baths

N/A

$1,950,000

MLS#: 402088

Moonlight Building – Trophy-Class Commercial Investment. Seize the rare opportunity to own the Moonlight Building, a trophy-class commercial asset in the heart of Ennis, Montana — one of the most picturesque and thriving destinations in the Rocky Mountain West. Strategically situated at 2 Hot Springs Loop, this iconic property offers unparalleled visibility, accessibility, and investment potential.

Prime Location: Situated just minutes from downtown Ennis, a gateway to Yellowstone National Park and renowned for world-class fly fishing on the Madison River, the Moonlight Building attracts steady year-round traffic from tourists and locals alike.

Trophy-Class Asset: Built to the highest standards with premium materials and architectural flair, this standout building is ideal for upscale retail, dining, office, or mixed-use purposes.

Flexible Investment: The property features an additional lot, offering potential for expansion or added development value — ideal for future phases, outdoor amenities, or complementary businesses.

Strong Growth Market: Ennis is experiencing a boom in tourism, real estate, and small business development, making this a strategic investment in a high-demand, low-inventory area.

Whether you're an investor seeking stable income with appreciation upside or an entrepreneur looking for a flagship location in Montana’s Big Sky Country, the Moonlight Building delivers rare scale, quality, and future potential.

Inquire today to schedule a private tour or request the investment package. Opportunities of this caliber in Madison County don't last.
#402902

Ennis

2 Hot Springs Loop Road

None Beds

None Baths

12,912 Sq.Ft.

$1,950,000

MLS#: 402902

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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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