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Broken Heart Ranch stands as a quintessential Montana legacy property. Homesteaded in the late 1800's, this secluded mountain ranch spans 80 acres, encircled entirely by U.S. Forest Service and State lands. The main residence, built in 1924, is a square-hewn log structure of 2400 sq ft, features an expansive open floor plan ideal for hosting. It has been modernized with updated plumbing and electrical systems while preserving its original stone fireplace. The covered porch offers panoramic views of the pasture and mountains, where a variety of wildlife including elk, moose, deer, and turkey, roam freely and call the ranch home. Accompanying the main house is a contemporary 1200 sq ft log guest house with two bedrooms, loft, and bathroom. "Cabin 6," a charming, vintage creek-front cabin, provides a serene wilderness retreat with complete amenities. Three additional rustic guest cabins are thoughtfully positioned across the grounds. The property also houses a historic log barn, echoing the charm of the old west, a modern four-car garage, and a quaint cottage-style greenhouse.  Broken Heart became a working dude ranch and hunting lodge in the 1950's. Back then the lodgers were offered horseback rides, campfire cookouts, hunting trips, and summer rodeos were held on the property.  Folklore suggests the ranch may have been a still site during prohibition. Today, thousands of acres of public lands border the ranch, offering extensive backcountry adventures on foot or horseback right from your doorstep. Recreational amenities include an 18-hole disc golf course, several campfire rings, and a small private pond, perfect for gatherings, exploring, and adventure. The recreational possibilities are boundless, with proximity to Clark Fork River for fishing and rafting, Silver Mountain skiing, hunting, hiking, snowmobiling, and various outdoor activities. Broken Heart Ranch promises ultimate seclusion with its end of the road privacy, nestled roughly an hour from both Missoula, MT, and Coeur d'Alene, ID, with convenient I-90 access. This distinctive estate is ideal for a family retreat, an Airbnb venture, or a personal sanctuary to relish the tranquility of western Montana.
#396843

None

1876 Timber Creek Road

8 Beds

4 Baths

4,811 Sq.Ft.

$2,700,000

MLS#: 396843

This property sits at the base of the Bridger Mountains and is only 25 minutes from Bozeman and the Bozeman airport. The property offers great build sites, live water, power, and magnificent views. There is new road infrastructure to the property as well. Recreational opportunities are endless with National Forest access nearby as well as fishing on the East Gallatin and other major rivers that flow through the Gallatin Valley. The property is approximately 45 mins from Bridger Bowl and 1.5 hours to Big Sky for all of ones skiing needs.

Springhill 40 is an exceptionally rare offering in one of the most coveted and historic areas in the Gallatin Valley. Almost impossibly secluded and located in the shadow of Ross Peak, this property is in a vibrant and varied wildlife corridor near the Springhill community. Tom Reese Creek and Evan Reese Creek turn into Reese Creek, flowing through the property for about a third of a mile. Just 25± minutes north of Bozeman, this 40± acre private escape is the epitome of scenic beauty. The acreage is comprised of lush wetlands and groves of aspens with exquisite views of the south face of the Bridger Mountains and Gallatin Valley.
#403000

Belgrade

TBD Evan Reese Road

None Beds

None Baths

40.0 acres

$2,700,000

MLS#: 403000

This ±10,104 SF two-story office building sits on ±0.84 acres in the quiet Galactic Park Subdivision of Four Corners, just west of Bozeman. Built in 2006, the property includes 21 private offices, four open work areas, a conference room, break room, recording studio, green room, and five restrooms, along with mechanical and storage rooms. An elevator and two stairwells provide second-floor access. The flexible layout accommodates single or multi-tenant use, with a welcoming reception area at the main entrance. Located in a low-traffic setting near the Gallatin River and surrounded by high-end homes, the property offers a tranquil alternative to more commercial corridors. Nearby employers include Zoot Enterprises, Mesa Labs, and Wildfire Defense Systems. Serviced by Four Corners Water & Sewer and equipped with a fire suppression system, the building is in good condition with no known deferred maintenance. A well-designed, adaptable office building in one of the most scenic areas of the greater Bozeman area.
#403747

Bozeman

243 Pegasus Drive

None Beds

None Baths

10,104 Sq.Ft.

$2,700,000

MLS#: 403747

Where Mountain Views Meet Masterful Design:
Situated on over 33 private acres above Ennis Lake, this architecturally distinct retreat offers panoramic views of the Madison, Tobacco Root, Gravelly, and Centennial mountain ranges—with visibility of the Grand Tetons on clear days. Now fully connected to power and utilities, the property delivers modern convenience without compromising its serene, off-grid feel.

Designed to frame the landscape rather than compete with it, the home spans approximately 4,500 square feet. Vaulted ceilings and custom Big Timber trusses define the main living space, with hidden steel rods inside each beam to preserve uninterrupted sightlines in every direction. Hickory wood flooring and cabinetry bring natural warmth throughout, while radiant in-floor heating and a propane fireplace provide year-round comfort.

The chef’s kitchen features granite countertops, premium appliances, and generous prep space—ideal for entertaining or everyday living. A custom Texas Mesquite mantle, milled from a 109-year-old tree, adds character to the Great Room. Expansive wraparound deck and patio extend the living space outdoors, and a brand-new hot tub offers a stunning perch for sunrise soaks or stargazing under Montana’s big sky.

Additional amenities include a finished basement, an oversized attached one-car garage, and a detached two-car garage with extra storage. Zoning allows for up to three horses, making the property well-suited for equestrian use or quiet country living.

Located just 20 minutes from Ennis, one hour from Bozeman-Yellowstone International Airport, and under two hours to Yellowstone National Park, this is a rare opportunity to own a legacy property that celebrates both craftsmanship and the raw beauty of Montana.
#402453

McAllister

11 Twin Knob Lane

3 Beds

3 Baths

4,795 Sq.Ft.

$2,700,000

MLS#: 402453

High Country Motel in the heart of Cooke City Montana and 4 miles from Yellowstone National Park. Owner pride is apparent in this well-kept and updated property with a stellar reputation, open year around. Property includes 4 cabins, 9 guest rooms, 2 guest suites, office and grocery & gift shop, 2-bedroom living quarters above the office.
#403841

Cooke City

113 Main Street W

None Beds

None Baths

6,398 Sq.Ft.

$2,699,999

MLS#: 403841

Locomotive Butte towers over the horizon along the northwest edge of this historical and versatile ranch. A meandering trail leads to the top of Locomotive Butte where it surrenders sweeping views of Rafter J Ranch at Big Coulee. The sandstone rimrocks pile up in astonishing landforms while the fields below sprawl out among 2,104 deeded acres. 

Located 19 miles south of Ryegate, Montana, Rafter J Ranch provides advantages surpassed by few. The luscious grazing acres, fertile and nutrient-rich soils, and remarkable mountain views offer an outstanding blend of recreational and rural ranch living. Embrace this opportunity to own a diverse and efficient property with renewable water, the source that ranchers and farmers aspire for. With the improvements in place, little to no overhead is needed. The fertile farm ground can be leased to neighbors or utilized to grow your own feed. Draw in desirable wildlife such as elk by planting sainfoin and enjoy your recreational paradise. The sainfoin can double as a nutritious feed source for cattle that can be bailed and stored for winter. 

The south-central Montana ranch will support 130 pairs or 260+ yearlings seasonally with proper management and can support 100 pairs year-round. Rafter J Ranch boasts an Artesian well with geothermally heated water that gravity feeds every pasture. Concrete stock tanks are located in each of the five pastures. A perennial stream traverses the ranch in addition to the 2 seasonal springs. 

With native grasses encompassing the valley floor, an elk herd of 120 head frequently visit Rafter J Ranch. Other wildlife that utilizes life-giving waters and nutrient vegetation and can be seen wandering the landscape include mule deer, antelope, black bear, mountain lion, and bobcat. The windrows provide excellent cover for pheasants and game birds. Recreational opportunities to hunt are endless. 

The Montana ranch has a 3 bedroom, 2 bathroom manufactured home well equipped as living quarters or a fabulous hunting base camp. The ranch is fully operational with working corrals, sorting pens, and numerous outbuildings. 

A well-maintained gravel road gives suitable access at two different points. The commute is an easy 80 miles to Billings, 46 miles to Harlowton, or 17 miles to Ryegate. Yellowstone National Park is 138 miles via the extraordinary Beartooth Highway, a nationally depicted highway.
#390839

Ryegate

147 Meins

3 Beds

2 Baths

1,560 Sq.Ft.

$2,674,999

MLS#: 390839

Another beautiful home built by Hidden Ridge Construction located in the highly sought after Monforton School system. It is located in Coolwater Landing Subdivision This is a 4 bedroom (plus an office/play room) 4 1/2 bathroom modern farmhouse style home, with lots of great finishes including tile and hardwood flooring, quartz countertops throughout, walk in butler pantry and many more great finishes and features that will make this home unique. The lot is approved for an ADU (the septic has been sized and will be installed to accommodate 2 additional bedrooms). This is an amazing home in a great neighborhood! Contact the listing agent or your trusted real estate professional for more information. Taxes in listing are based on land only.
#406226

Bozeman

60 McGoo Way

4 Beds

4 Baths

4,064 Sq.Ft.

$2,650,000

MLS#: 406226

Rare find ant BZN!!! 80x74 Box Hangar with a 74x29 Hangar door. Mezzanine pilots lounge with theatre, bathroom with shower and pool table area so you can relax before takeoff. Hangars with doors this large are extremely hard to find. +/- 5920 sq/ft main level and +/- 1920 sq/ft Mezzanine.  Buyer to verify measurements.
#407314

Belgrade

276 Taxi Lane Y Unit #A

None Beds

None Baths

7,840 Sq.Ft.

$2,650,000

MLS#: 407314

Dream Home with Breathtaking Views & Designer Touches. Welcome to your mountain-modern retreat! This stunning, fully remodeled home blends rustic charm with elegant finishes in every corner. Step inside to discover a spacious open floor plan flooded with natural light from walls of windows. The heart of the home is a chef’s kitchen designed to impress—with top-of-the-line appliances, custom cabinetry, a generous island, & plenty of built-in storage for a clean, effortless look. Whether you're entertaining guests or enjoying a cozy night in, the south facing wall of windows will grace you with a stunning view of the Spanish Peaks making this space perfect for every occasion. Rustic wood beams, high-end finishes, & thoughtful details throughout create a warm inviting ambiance. The oversized fireplace with stone hearth in the living room beckons for you to sit & warm yourself while enjoying a cocktail made at the wet bar.  Some additional interior features include all en-suite bedrooms, basement theatre room & gym space. Multiple decks & outdoor living spaces, complete with hot tub, offer the ideal spots to take in the sunrise, host gatherings, or simply relax & enjoy the views.  The yard is surrounded by hedges for privacy, a mature lawn, with towering pines that create an alpine feel. The sprinkler system was installed last fall to allow for any further landscaping you could dream up.  This property has been meticulously maintained as horse pasture—sprayed annually & carefully under-grazed to preserve its health & productivity, and additional acreage could be negotiable. It's ready for your livestock, with a versatile barn already designed with horse stalls in the back & a workshop up front. Whether you’re an equestrian, hobby farmer, or just seeking wide-open space, the possibilities here are endless. With no covenants, no HOA, & no subdivision restrictions, you're free to reimagine the property entirely to suit your vision. This home is a rare find—move-in ready, beautifully finished & designed for comfort & style, all within 10 minutes of downtown Bozeman. Don’t miss your chance to own a one-of-a-kind property that truly has it all!
#400969

Bozeman

745 Rocky Road

3 Beds

3 Baths

4,179 Sq.Ft.

$2,650,000

MLS#: 400969

Come see this unique property on 10 acres, with Lone Mountain Ranch ski trails right next door!   Located between the Meadow and Mountain Village areas of Big Sky, this three-level home offers five bedrooms, five bathrooms, an entertaining kitchen, and an expansive deck, all in a tranquil, mature tree setting. There are glimpses of the original construction, with timber and rock accents, combined with a flourish of modern updates from a recent remodel.  The spacious upper-level room could easily serve as an office, art studio or bonus room. This amazing property is being sold furnished as seen and has the Nordic ski and hiking trail system of the Lone Mountain Ranch adjacent to the property and the resident elk herd is often bedded and grazing onsite. Skiing at the Big Sky Resort is ten minutes away as is fishing and whitewater rafting on the Gallatin River, and the Town Center with all Big Sky area amenities is just down the road, for summer concerts, farmers’ market, movie theatre, restaurants and shopping.
#403993

Big Sky

35 Northfork Road

5 Beds

5 Baths

3,735 Sq.Ft.

$2,650,000

MLS#: 403993

Welcome to a modern take on mountain living—where clean lines and upscale amenities come together in perfect harmony. Designed with comfort and functionality in mind, this contemporary condominium captures breathtaking views of Lone Mountain and offers an effortless blend of rustic charm and modern elegance.
Enjoy thoughtfully designed community spaces inspired by nature, ideal for hosting family and friends or simply relaxing in a serene setting. Amenities include a swimming pool, hot tub, fitness center, and game room—everything you need for both recreation and relaxation.
Whether you're looking for a private mountain getaway or a top-performing vacation rental, Mountain Lake is a highly sought-after destination.
#404258

Big Sky

2D Summit View - 401D

3 Beds

3 Baths

2,057 Sq.Ft.

$2,600,000

MLS#: 404258

Welcome to a modern take on mountain living—where clean lines and upscale amenities come together in perfect harmony. Designed with comfort and functionality in mind, this contemporary condominium captures breathtaking views of Lone Mountain and offers an effortless blend of rustic charm and modern elegance.
Enjoy thoughtfully designed community spaces inspired by nature, ideal for hosting family and friends or simply relaxing in a serene setting. Amenities include a swimming pool, hot tub, fitness center, and game room—everything you need for both recreation and relaxation.
Whether you're looking for a private mountain getaway or a top-performing vacation rental, Mountain Lake is a highly sought-after destination.
#404256

Big Sky

2D Summit View - 403D

3 Beds

3 Baths

2,057 Sq.Ft.

$2,600,000

MLS#: 404256

Build your dream home on the skier access and ski/in ski/out to all the amenities Spanish Peaks Mountain Club has to offer. One of the best single-family homesites on Goshawk Trail in the sought-after Elkridge neighborhood, this lot has spectacular views of the Spanish Peaks and is directly accessible by the groomed skier return. Club amenities include access to a private Tom Weiskopf Signature golf course, direct ski access to Big Sky Resort, a Nordic trail system, a Clubhouse complete with an outdoor pool, restaurant/bar, fitness center, member services concierge, youth camps and activities at Fort Peaks, and seasonal Spanish Peaks Members' benefits at Montage Hotel in Big Sky. Application and approval for membership in Spanish Peaks Mountain Club are required before closing. Either a Golf/Ski or Ski/Social membership is available. The gently sloped lot provides breathtaking, unobstructed views of the Spanish Peaks mountain range. Lot 67 provides an idyllic setting for a custom-built Mountain home. This homesite is subject to protective covenants and an architectural review process to ensure quality and harmony within the community. This is a rare opportunity to build your own home or retreat in one of the Club's most sought-after locations.
#403590

Big Sky

67 Goshawk Trail

None Beds

None Baths

0.97 acres

$2,600,000

MLS#: 403590

Business & Building For Sale – Auto Inn Pizza on Main Street in Manhattan. 

Seize this rare opportunity to own both a thriving business and a historic building in the heart of quaint Manhattan, Montana. Built in 1915 and designed by famed Bozeman architect Fred Wilson, this high-visibility property is a local landmark. Its wall of street-level windows and steady walk-in traffic make it a popular year- round restaurant, open 7 days a week! 

Recently updated, including new air conditioning, this property features 5,000 square feet on the main floor plus a 600-square-foot mezzanine ideal for private seating. Modern glass overhead garage doors open to the sidewalk, creating inviting outdoor seating during the warmer months. As you enter the building, you step into the bar area, perfectly designed for serving craft beer, cocktails, or coffee. Upstairs, the 600 SF mezzanine provides a quiet seating area with views through the large windows, while the lower level features an expansive show room that highlights the original wooden trusses and white brick walls, creating a tasteful modern industrial feel.

ADA bathrooms with a separate office and its own private 3/4 bathroom.

The business comes turn-key with a fully equipped brick oven pizza kitchen and a full beverage liquor license. The commercial kitchen includes a prep area, walk-in cooler, and additional space for storage. A complete list of equipment is available upon request.

This property offers a unique blend of historic character and modern functionality, making it ready for you to continue the successful pizza business or adapt it to your own vision. Call your favorite realtor for a tour today!
#405547

Manhattan

114 E Main

None Beds

None Baths

6,200 Sq.Ft.

$2,600,000

MLS#: 405547

50+ Acres in town development property. Great investment. Massive quantity of high-quality gravel on the east parcel. 2 separate parcels Power is in. Easy access from I-90. Commercial and multifamily or single-family development potential. Utility easements in place for future development. Rolling terrain with incredible views to the south. Rare large tract development property. Preliminary development engineering complete and available for review. Seller would consider selling the parcels separately, call for details.
#404534

Missoula

5700 Airway Boulevard

None Beds

None Baths

50.86 acres

$2,600,000

MLS#: 404534

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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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