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Nestled among towering evergreens and expansive mountain vistas, Private Home #48 presents an elevated expression of alpine living. Designed by renowned architect Olson Kundig, the residence is a masterclass in integrating architecture with nature.

Spanning approximately 5,676 square feet, this six-bedroom, six-and-a-half-bathroom home offers expansive interiors defined by clean lines, rich materials, and dramatic windows that bring the outdoors in. Thoughtful design details and multiple fireplaces create a warm yet sophisticated atmosphere throughout.

Generous gathering spaces open onto terraces and outdoor lounges, providing ideal settings for entertaining or quiet relaxation in every season. The home’s scale and layout offer both privacy and openness, making it equally suited for hosting or retreating.

Situated within One&Only Moonlight Basin, Private Home #48 provides access to exceptional resort amenities and bespoke experiences, all delivered with the signature service and discretion of One&Only.
#407785

Big Sky

#48 One&Only Private Home

6 Beds

6 Baths

5,676 Sq.Ft.

$17,000,000

MLS#: 407785

Set amidst the grandeur of Big Sky’s Spanish Peaks Mountain Club, this extraordinary home is a modern mountain sanctuary where architecture and landscape live in perfect harmony. From the moment you step inside, walls of floor-to-ceiling windows frame sweeping, unobstructed views of the Spanish Peaks mountain range, flooding each room with golden Montana light and an ever-changing panorama of alpine beauty.

Designed for both relaxation and recreation, the residence features five spacious bedrooms and six and a half baths, offering luxurious comfort for family and guests alike. The heart of the home is a grand great room anchored by a handcrafted stone fireplace, where evenings unfold in warmth and style. The wine room, with its 17-foot ceilings, creates a signature space just off the great room, while the indoor sauna provides the perfect retreat after a day of skiing or hiking.

For those with an active spirit, there is a private sport court designed and built for regulation pickleball along with a basketball hoop, hockey nets or workout area -  opportunities abound for your needs. The trail system is just steps from the back door and offer endless choices for play and exploration. Enjoy the Tom Weiskopf golf course or the Tom’s 10 Par 3 Course. The Spanish Peaks Club house offers fine dining, clubhouse bar, golf/ski shop, fitness center and pool/hot tub. Expansive outdoor living spaces — including a large patio with kitchen out back and a covered deck out front — create an effortless flow between the indoors and Montana’s magnificent outdoors.

Only a short drive from Big Sky’s Town Center, this residence combines refined design, thoughtful amenities, and a deep connection to nature. It’s more than a home — it’s a lifestyle defined by serenity, adventure, and the unmatched beauty of the Spanish Peaks. Scheduled completion spring 2026.
#407101

Big Sky

58 Wildridge Fork

5 Beds

6 Baths

8,356 Sq.Ft.

$16,900,000

MLS#: 407101

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

Private Home #49 is a striking example of modern mountain architecture, thoughtfully designed to honor its dramatic alpine surroundings. Crafted by Olson Kundig, the home blends contemporary design with natural textures to create a residence that feels both bold and timeless.

This 6-bedroom, 7-bathroom home spans approximately 5,144 square feet, offering generous living spaces ideal for hosting family and friends. Expansive glass walls frame panoramic views while allowing natural light to pour into the interiors, highlighting refined finishes and warm, inviting details throughout.

The open-concept design extends effortlessly to outdoor living areas, creating a seamless transition between interior comfort and the surrounding wilderness. From après-ski gatherings by the fire to summer evenings on the terrace, every space is designed for connection and retreat.

As part of the exclusive One&Only Moonlight Basin community, this home offers privileged access to world-class dining, wellness, and outdoor adventure—delivered with unmatched privacy and service.
#407784

Big Sky

#49 One&Only Private Home

6 Beds

1 Baths

5,144 Sq.Ft.

$16,250,000

MLS#: 407784

Surrounded by pristine wilderness and dramatic mountain scenery, One&Only Private Home #55 embodies contemporary mountain living at its finest. Designed by acclaimed architect Olson Kundig, the residence seamlessly blends modern design with the natural rhythms of its alpine environment.

This 6-bedroom, 7-bathroom home spans approximately 5,144 square feet, offering generous living spaces thoughtfully designed for comfort, connection, and retreat. Expansive windows and warm materials create interiors that feel both sophisticated and inviting.

Indoor and outdoor living areas flow effortlessly together, providing ideal spaces for entertaining or unwinding after a day spent exploring Big Sky’s trails, slopes, and rivers. The home’s design emphasizes privacy while maintaining a strong connection to the surrounding landscape.

As part of One&Only Moonlight Basin, owners enjoy access to exceptional dining, wellness, and outdoor experiences, all supported by the brand’s renowned service and attention to detail.
#407787

Big Sky

#55 One&Only Private Home

6 Beds

1 Baths

5,144 Sq.Ft.

$16,250,000

MLS#: 407787

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

Step out of your back door of this Montage Mountain Home to the Cabin Lift, mere steps from Montage Big Sky, Spanish Peaks Clubhouse, Tom Weiskopf Signature Golf Course, and Tom’s Ten Par Three Course, and hiking trails. Easily walk to these amenities, as well as the new Aspire center, anticipated to open in 2026. Breathtaking panoramic views and vibrant sunrises over the Montana sky enhance every day. 

The classic Montana style shines through timber beams, natural wood accents, and vaulted ceilings in the main living area and primary suite. Gas-burning fireplaces warm the main and lower levels, with an additional fireplace in the primary bedroom. Outdoor spaces include a deck with a fire pit and a lower-level patio featuring a hot tub.

High-end finishes, custom lighting, custom hand-crafted wood ski cubbies, Venetian plaster walls in the great room,and exquisite furnishings create a bespoke sense of sophistication throughout. The gourmet kitchen and cozy, fire lit rooms blend seamlessly with expansive spaces ideal for family gatherings or entertaining amid Big Sky's world-class terrain. Every detail elevates this modern masterpiece enveloped by nature's grandeur. 

This home comes with an extremely limited golf membership.
#407446

Big Sky

176 Martingale Fork 11

6 Beds

6 Baths

5,515 Sq.Ft.

$15,250,000

MLS#: 407446

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

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

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

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

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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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