Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    4

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Parking

    Attached, Garage

  • Pool

    No

  • Waterfront YN

    YES

Area & Lot

  • Lot Features

    Sloped, Level, Rolling Slope, Waterfront

  • Lot Size(acres)

    2725.16

  • Property Type

    Farm

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $23,500,000

  • Tax Amount

    17645.0

  • Zoning

    NONE - None/Unknown

  • Sq. Footage

    13, 842

  • Price/SqFt

    $1,697

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Septic Tank

  • Water Source

    Well

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Location

County

Madison

Elementary School

Middle School

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Listing Courtesy of Chris Murphy , Benchmark Real Estate Brokers

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Located on the north shore of Ennis Lake in McAllister, Montana, this legacy property presents a rare opportunity to acquire just over 2,700+/- acres in one of Montana’s most desirable valleys. The offering combines lake frontage, agricultural production, equestrian infrastructure, conservation or development potential, and a fully operational commercial component.  Showing by appointment only.

A working ranch with residential, livestock, and infrastructure elements in place, Lost Heart Ranch anchors the entire offering. It is subdivided into 45 legal parcels, making if a great candidate for a conservation easement, possible development, and generational use. Includes 2,500± SF 4BD/3BA main residence (1994), 2,400± SF equipment shop with attached 2BD/1BA residence (2004), 3,100± SF livestock barn, and 1400± feet of lake frontage.
A rare, turnkey 23.18 acre equestrian facility located on the lake, this component of the offering includes a 6,344+/- SF luxury home with a pool, lake frontage, and full horse infrastructure.
The commercial asset of this property, Lake Shore Lodge offers a strong base for hospitality, storage, and lakefront access with expansion potential. Features 42 full-service RV sites (50 amp), office/store and bathhouse with laundry, 3 dry cabins and 3 additional  4 season rental cabins, room for employee housing, marina with 10 docks and seawall. 2 drain fields and 7 holding tanks with room for expansion. Excellent potential for income generation or private estate repurposing.

With panoramic views in every direction—Lone Peak to the east, the Centennial Mountains to the south, and the rugged Tobacco Root Mountains to the west—the property features diverse topography including productive pasture, riparian corridors, and juniper-covered hillsides. Comprising three primary components—Lost Heart Ranch, Lake Shore Equestrian Estate, and Lake Shore Lodge—this property supports year-round ranching, recreation, and income generation, all just minutes from Ennis and under an hour to Bozeman.

Lost Heart Ranch Ennis Lake Rd

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