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$72,000,000
370696 MLS
Like the cold, clear waters of Flathead Lake, mystique surrounds Cromwell Island. It overlooks the legendary Wild Horse Island, where Salish and Kootenai historically swam their horses to keep them safe from rival tribes. With 348 acres and nearly three miles of shoreline, Cromwell is the largest private island in freshwater west of the Mississippi River that is under a single ownership. The island was purchased in the late 1980s by Robert M. Lee, a renowned automobile and antique arms collector, explorer, author, and conservationist. Before his death in 2016, Mr. Lee and his wife, Anne, partially completed construction on homes including 45,000 square feet of living space. Even in its unfinished state, ''The Villa'' has a magnitude of presence reminiscent of Versailles.

Dayton

$54,000,000
3 Beds 3 Baths 402651 MLS
The Custer Legacy Ranch provides a rare combination to today’s market. This self-sustaining 23,500+/- acre deeded ranch is a single contiguous block, along with 1,280 acres of state lands lease totaling 24,780 acres. The ranch has extensive water resources, excellent range conditions, productive irrigated fields, and first class hunting for all species. The improvements on the ranch include four homes, one modular and the historic cabin that provide modern living accommodations for employees and guests. The homes have been maintained and updated as needed. Various locations of structures separate the homes and offer privacy for the occupants. There are several outbuildings at the main headquarters that include the following: two open faced buildings that provide protection for farm equipment, a large, heated shop, oil shed, a mill for grinding grains, 6 grain bins totaling 100,000 bushels of storage, a vet barn, a feedlot/working corrals, and scale house. One of the houses is perfectly located along the timbered foothills on the ranch’s western boundary, providing easy access to some of Montana’s finest elk & mule deer hunting. This set of improvements is approximately 7 miles from the other improvements and includes an additional log barn, granary, shop and a steel building. Custer Legacy Ranch offers extensive agricultural opportunities. Boasting eight center pivots, eight-wheel lines, gated pipe, and flood irrigation across 1,100± acres, the high-producing soils cultivate a bountiful harvest of corn, small grains, sugar beets, and alfalfa. The Ranch has extensive water rights that run with the property and also has shares of the Victory Ditch. For the avid hunter, prepare for an exhilarating adventure, pursuing monster bull elk, majestic white-tailed deer, graceful mule deer, swift antelope, pheasants, turkeys, Hungarian partridge, and sharp-tailed grouse. Notably, this ranch is renowned for its world-class waterfowl hunting, setting the stage for thrilling moments in the field. There also has 11 Hunter Blinds strategically placed throughout the ranch. Mature cottonwoods line the famous meandering Bighorn River for miles and fishing adventures are endless. Rarely do we see trophy-caliber ranches like this come to market. The Custer Legacy Ranch has all the desirable features, with unmatched privacy and scenic beauty combined with remarkable conservation and wildlife values.

TBD 147A, Hardin

$40,000,000
5 Beds 2 Baths 411736 MLS
Held by the same family since 1871, the Chevallier Ranch represents one of Montana's rare legacy ranch offerings. Encompassing approximately 13,935 deeded acres together with 1,360 acres of State Lease ground, this all-contiguous holding combines productive agricultural land, exceptional wildlife habitat, live water, and outstanding recreational opportunities in one remarkable property. Located just 25 minutes from Helena, Montana's capital city, the ranch offers a rare balance of privacy, scale, and accessibility. Large ranches of this size seldom come to market, particularly those without a conservation easement, providing future ownership flexibility while preserving the ranch's working agricultural foundation and historic character. The ranch supports up to 700 AUs and includes approximately 650 acres of irrigated hay ground complemented by expansive native rangeland, rolling meadows, creek bottoms, timbered draws, and mountain terrain. Strong water resources and diverse landscapes support both livestock production and abundant wildlife. Elk, mule deer, whitetail deer, antelope, black bear, upland birds, and other native species frequent the property. Nearby recreation includes Great Divide Ski Area, Helena National Forest, the Continental Divide Trail, world-class fishing, boating, horseback riding, mountain biking, and snowmobiling. Historic improvements include the original ranch home built in 1890, the iconic Stone House, a ranch hand residence, bunkhouse, horse barn, newer shop, multiple barns, grain storage, sheds, windbreaks, and extensive pipe corrals supporting a well-equipped ranch operation. The Chevallier Ranch is a rare opportunity to acquire nearly 14,000 deeded acres of Montana history, productivity, recreation, and Western heritage in one of the state's most sought-after locations.

8950 Chevallier Drive, Helena

$28,500,000
8 Beds 8 Baths 412437 MLS
Spanning an extraordinary 491± acres in the heart of Big Sky, this private mountain retreat is one of the region's most remarkable legacy properties, offering a combination of scale, privacy, and proximity that is virtually impossible to duplicate. Steeped in history, early 1900s logging roads weave throughout the property, providing year-round access for hiking, horseback riding, mountain biking, ATV adventures, and snowmobiling. In winter, the landscape transforms into a private Nordic paradise with miles of groomed cross-country ski trails winding through your own forest. Surrounded on three sides by Gallatin National Forest and protected conservation lands, the estate enjoys an exceptional level of permanent privacy while supporting an abundance of wildlife, including elk, moose, deer, bears, mountain lions, and bobcats. Perched atop a commanding ridgeline, the handcrafted Canadian cedar log residence was thoughtfully designed to capture breathtaking views of Lone Peak from nearly every west-facing room. Soaring timber beams, natural stone, and expansive walls of glass create a timeless mountain aesthetic while seamlessly connecting the home to its extraordinary surroundings. A full-length entertainment deck stretches across the western façade, providing the perfect setting to enjoy Montana's unforgettable sunsets and sweeping vistas of Lone Peak, the Madison Range, the Spanish Peaks, the Gallatin Range, and even Yellowstone National Park. A detached garage with beautifully finished caretaker's quarters above offers exceptional flexibility for guests, staff, or a private office, complementing the home's thoughtful design and enduring craftsmanship. Despite its remarkable seclusion, this estate is just 10 minutes from Big Sky Resort, Meadow Village, and Town Center, approximately one hour from Bozeman, and just over an hour from Yellowstone National Park. Properties of this caliber are extraordinarily rare. Combining nearly 500 acres of protected wilderness, iconic mountain views, exceptional recreational access, and one of Big Sky's most coveted locations, this is more than a home—it's an irreplaceable Montana legacy waiting for its next steward.

1320 Old Toby Road, Big Sky

$24,000,000
5 Beds 5 Baths 402275 MLS
Lolo Ranch is situated roughly 20 minutes south from Missoula, Montana’s second largest metropolitan area. Tucked at the base of the famed Bitterroot Mountain Range, the property has extensive water rights utilizing two irrigation pivots supporting a robust livestock operation. Access is exceptional with a paved highway providing close proximity to a full suite of services including commercial and private air transportation from Missoula’s newly renovated airport. Recreation is boundless, with millions of acres of public land directly adjacent to the property and unique access to several alpine lakes and the Lower 48’s largest wilderness complex. The Bitterroot River, flowing through the center of the valley, provides world class trout fishing only minutes from the ranch. There are numerous professionally designed ski runs in the higher elevations making winter skiing or summer mountain biking a private and exclusive experience. One of the largest herds of resident elk in the northern Bitterroot Valley call the ranch home. With its carefully crafted professional ski runs, adjacent access to millions of acres of public ground and proximity to a significant population center, Lolo Ranch has all the raw ingredients for a world-class destination or lifestyle development catering to an emerging class of residents looking for a recreation-centric lifestyle surrounded by spectacular scenery.

8337 Lamar Trail, Lolo

$23,500,000
4 Beds 4 Baths 404797 MLS
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 234 N Ennis Lake Road, Mcallister

$21,000,000
402684 MLS
We are pleased to present a generational opportunity to acquire The Osborne, a premier mixed-use asset located on East Main Street in Downtown Bozeman, Montana. Delivered in 2020 and designed by award-winning Locati Architects, this four-story, 33,044-square-foot building represents the only recent ground-up development on Bozeman’s core Main Street corridor – combining best-in-class construction, architectural excellence, and long-term income stability. The Osborne features a curated tenant mix of high-end retailers, premier dining, executive office suites, and a rooftop telecommunications lease. All tenants operate under long-term leases with annual increases, including NNN structures throughout. Located in the heart of one of the fastest-growing and most affluent micropolitan markets in the U.S., The Osborne benefits from a premier Main St location with access to hundreds of downtown retailers, proximity to Montana State University, and over 4.5 million annual tourists who visit the greater Bozeman–Yellowstone–Big Sky region. This is a rare chance to acquire a Main Street trophy asset in a severely supply-constrained submarket with high barriers to entry.

233 E Main Street, Bozeman

$21,000,000
401887 MLS
Misty Creek Ranch, a rare jewel nestled in the beauty of Montana's pristine landscape. As you enter the 241 acre community, a winding paved road meanders through towering trees and over the gentle flow of South Cottonwood Creek. Ascending a gentle hill, past the historic granary, the landscape unfolds, revealing panoramic vistas of majestic mountains and sprawling valleys. This land has long served as a habitat for elk and a historical calving site while whitetail deer, native fish, turkeys, mule deer, and a variety of native birds add to the splendor. Your horses and livestock needs are accounted for with a barn, sheds, and a corral. A 3800 sq. ft. guest house is a testament to comfort and convenience. Perfectly located, Misty Creek Ranch is just 20 minutes to downtown Bozeman, 30 minutes to the international airport, and 40 minutes to Big Sky world-class resort. With its unparalleled beauty and boundless potential, this Montana jewel awaits, ready to welcome you home.

13830 (Tract A-D) Cottonwood Road, Bozeman

$19,900,000
397891 MLS
The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape. Of the deeded acres, 1,236±-acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage. The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird species. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing. Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.

495 Moffit Gulch Road, Bozeman

$19,900,000
397752 MLS
The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape. Of the deeded acres, 1,236±-acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage. The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird life. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing. Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.

495 Moffit Gulch Road, Bozeman

$19,500,000
3 Beds 3 Baths 404059 MLS
Nestled in the heart of Nye, Montana, Stillwater Legacy Ranch is a rare and remarkable offering that is rich in history and epitomizes the beauty and recreational abundance of the Stillwater Valley. Encompassing approximately 712± deeded acres, this property is framed by nature’s finest elements—rugged peaks, winding rivers, fertile meadows, and expansive nearby public lands. A true sanctuary for outdoor enthusiasts and nature lovers, the ranch is surrounded by the stunning Beartooth Mountains and Absaroka-Beartooth Wilderness. This untouched backcountry yields access to world-class hiking, fishing, hunting, and outdoor adventure, right from your back gate and beyond. Stillwater Legacy Ranch boasts an extraordinary 1.65± miles of the Stillwater River frontage, complemented by 0.7± miles of both sides of the West Fork Stillwater River flowing through the middle of the property. In addition to these significant water features, the property hosts a network of spring creeks that offer outstanding potential for stream restoration and enhancement, creating both ecological value and fly-fishing opportunities. Adding to its rarity, these natural thermal springs that never freeze over flow year-round through the property, enhancing its appeal, utility, and natural wonder. 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. Agriculturally, the ranch supports approximately 80± acres of flood-irrigated land planted in a productive creeping meadow foxtail and orchard grass mix, offering potential for hay production or livestock grazing. Improvements on the property include three modest homes, a barn, a garage, and four sheds—ideal for supporting an active agricultural lifestyle. Stillwater Legacy Ranch is ideally situated just 45± minutes from Columbus, 1± hour from the charming town of Red Lodge, and 1.5± hours from the commercial hub of Billings. Whether you’re seeking a private retreat, a working ranch, or a family legacy property, Stillwater Legacy Ranch offers unmatched natural beauty, abundant flowing waters, historic prestige, and remarkable privacy.

8 West Fork Road, Nye

$18,750,000
408280 MLS
Spanning 805± acres and situated in an area rich with homesteading history, the property lies near the original Reese Creek settlement, one of the first agricultural communities in the Gallatin Valley. This historic ranch offers a combination of productive dryland agriculture, significant development flexibility, and unencumbered views of the Bridger Mountains. The landscape is a classic Montana tapestry of cultivated cropland interspersed with native grasses, draws, and pockets of cover. The ranch serves as a sanctuary for area wildlife. The diverse terrain and agricultural food sources support healthy populations of Hungarian partridge, pheasant, white-tailed deer, and antelope. The backdrop is defined by the dramatic peaks of the Bridger Mountain Range to the east and the Spanish Peaks to the south, offering postcard-quality vistas from nearly every vantage point on the ranch. Today, it offers the ultimate balance of rural solitude and urban convenience. Located just minutes from Bozeman-Yellowstone International Airport yet world's away in privacy, the property represents one of the largest remaining contiguous landholdings in the Belgrade area.

TBD Reese Creek Road, Belgrade

$18,500,000
6 Beds 6 Baths 407786 MLS
One&Only Moonlight Basin Private Home #50 offers a refined mountain sanctuary defined by architectural excellence and immersive natural beauty. Designed by Olson Kundig, the home reflects a deep respect for its alpine setting through thoughtful materials, orientation, and form. With approximately 5,676 square feet of living space, this six-bedroom residence features expansive interiors bathed in natural light, complemented by warm textures and elevated finishes. Floor-to-ceiling windows frame sweeping views of the surrounding peaks, creating a constant connection to the landscape. The home’s open layout flows seamlessly to outdoor terraces and gathering spaces, ideal for entertaining or enjoying moments of solitude beneath Montana’s vast skies. Every detail is designed to support both everyday comfort and elevated living. Located within the exclusive One&Only Moonlight Basin enclave, this residence offers access to a world of curated amenities, adventure, and personalized service.

#50 One&Only Private Home 30 Kettle Hill Trail, Big Sky

$18,400,000
6 Beds 6 Baths 412031 MLS
There is a moment when mountains, nature, sweeping vistas and balanced architecture merge perfectly. One&Only Moonlight is built exactly for that moment. Designed by Olson Kundig and set in Big Sky, Montana, this One&Only Private Home holds its ground quietly. Six bedrooms across three levels. Floor-to-ceiling glass that frames treetops, snow-capped peaks, and a long open run to the valley below. The sunsets are unlike any you have seen. What sets this residence apart is what came after the architects. Where the collection is delivered to a single standard, these owners commissioned their own bespoke cabinetry, a fully outfitted pantry with built-in espresso machine, double ovens, second refrigerator and customized cabinetry. They expanded the second entry to include wine storage to envy and completely redesigned an office space that is elegant and sophisticated. The home includes custom furniture, artistic wall coverings, a serious audio-visual package and window treatments. Finishes carefully selected rather than specified. Inside, the spaces are warm and grounded. Hardwood floors underfoot, fireplaces anchoring spaces, and kitchen and living areas designed for the nights when everyone ends up staying home. The primary bedroom sits a floor above, private and still. The lower level adds two family rooms and two bedrooms that walk out onto a patio with hot tub and room to gather. On the main level, an expansive deck carries the living outdoors to ample seating and a built-in grill. Ownership here is two privileges at once. As a O&O Private Homeowner, the full resort is at your disposal: ski-in, ski-out access, the Ski Lodge and gondola to Big Sky Resort, spa, restaurants and curated experiences are elevated to the brand's global standard, with concierge and housekeeping to match. Moonlight Basin Club membership includes golf at The Reserve, the club's Jack Nicklaus Signature course, hailed as one of the best courses in the West. Enjoy a day at Ulery's Lake for paddling, fishing, and long summer afternoons while LakeLodge and Moonlight Lodge, with their pools, dining, and year-round programming, offer activities and amenities for everyone. Miles of private trails threaded through terrain offer an abundance of outdoor activities. Few homes offer this. Fewer still in a setting quite like this. Refined, adventurous, and unmistakably Montana. What remains is the rare chance to take it on as your own.

#18 One&Only Private Home 100A Roosevelt Road, Big Sky

$17,950,000
12 Beds 15 Baths 412802 MLS
The 270 Ranch at Skalkaho Creek represents a rare opportunity to own one of the Bitterroot Valley's premier recreational and sporting properties. Located within Montana Hunting District 270, the property sits in one of the state's most coveted hunting regions. Renowned for its strong elk populations, quality mule deer habitat, and vast expanses of public land, District 270 consistently attracts serious sportsmen seeking exceptional hunting opportunities. Encompassing 652+ acres and bordering thousands of acres of Forest Service land, the ranch offers unmatched access to some of Western Montana's finest hunting, fishing, and outdoor recreation. More than half a mile of Skalkaho Creek flows directly through the property, creating an exceptional private fishery and providing some of the most sought after fly fishing opportunities in the region. The ranch serves as an ideal base camp for exploring the renowned fisheries, mountain lakes, and streams that make the Bitterroot Valley a destination for sportsmen from around the world. The combination of creek frontage, irrigated meadows, timbered hillsides, and adjacent public land creates exceptional wildlife habitat rarely found in a single offering. At the heart of the ranch sits an approximately 14,000 sq ft executive residence thoughtfully designed for entertaining, retreats, and large gatherings. Featuring eight ensuite bedrooms, eleven bathrooms, a home theater, sauna, hot tub, smart home integration system, and high speed fiber internet, the residence balances luxury living with the rugged beauty of its surroundings. Additional improvements include a fully outfitted event barn with guest accommodations and commercial grade amenities, two rustic cabins, a historic 1915 farmhouse, a large riding arena complete with multiple stables, and a spacious shop providing ample storage for equipment and vehicles. Agricultural operations currently support hay production, pigs, and chickens, providing valuable agricultural tax benefits while maintaining the property's productive character. Whether envisioned as a sporting retreat, legacy ranch, corporate getaway, or private sanctuary, the 270 Ranch delivers an extraordinary combination of water, wildlife, luxury, and direct access to the vast public lands of the Bitterroot Valley.

Hamilton

$17,000,000
6 Beds 6 Baths 407785 MLS
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.

#48 One&Only Private Home 23 Kettle Hill Trail, Big Sky

$16,950,000
6 Beds 7 Baths 408098 MLS
Located in the coveted Diamond Hitch neighborhood of Moonlight Basin, this exceptional custom mountain residence sits directly on the ski slopes and offers breathtaking Spanish Peaks views in Big Sky’s most prestigious community. Designed for both refined mountain living and effortless entertaining, the home features a stunning great room with a wood-burning fireplace, soaring ceilings, and walls of glass that frame the dramatic alpine landscape. With six bedrooms, including the bunk room of every child’s dream, the residence comfortably accommodates multi-generational gatherings, guests, and private retreats alike. The lower level is a destination in itself, offering a dynamic entertainment zone, game space, indoor pool, and a beautifully appointed bar — ideal for après-ski celebrations, summer evenings, and year-round hosting. Multiple outdoor living areas, including a covered deck, invite you to savor mountain air, sunsets over the Spanish Peaks, and the relaxed elegance of summer in Big Sky. Offered furnished, this turnkey property allows immediate enjoyment with a level of quality, craftsmanship, and privacy rarely found. Ownership provides the opportunity for Moonlight Basin membership, extending your lifestyle far beyond the home with access to an 18-hole Jack Nicklaus Signature Golf Course, a future par-3 course, the slopeside Moonlight Lodge, the vibrant LakeLodge, Ulery’s Lake Camp, miles of hiking, biking, and Nordic trails — and just moments away, the acclaimed One&Only Moonlight Basin Resort, celebrated for its exceptional dining, world-class spa experiences, and refined alpine hospitality. Every detail of the residence reflects thoughtful craftsmanship and intentional design, blending timeless mountain architecture with modern comfort. Expansive sightlines, warm natural materials, and a carefully curated floor plan create a home that feels both grand and inviting. Whether enjoyed as a primary residence, a seasonal retreat, or a legacy mountain investment, this property offers enduring value in one of Big Sky’s most sought-after ski communities. This is mountain living at its finest — refined, adventurous, and unmistakably Moonlight.

6 Latigo Road Diamond Hitch Lot 14, Big Sky

$16,250,000
3 Beds 5 Baths 408806 MLS
Welcome to Two Feathers Ranch, a legacy 357± acre estate just outside Darby offering a rare combination of luxury living, agricultural productivity, and classic Bitterroot Valley vistas. Once part of the historic Chief Joseph Ranch, the property enjoys sweeping views of both the Bitterroot and Sapphire Mountain Ranges. The ranch borders US Forest Service land on two sides, ensuring privacy and direct access to thousands of acres of public recreation. The ranch features approximately 2,500 feet of frontage on Tin Cup Creek, renowned for trout fishing, along with excellent water rights supporting 200± acres of irrigated pasture. Fenced pastures, supported by gravity-fed irrigation and wheel lines, currently sustain a productive Black Angus operation. Additional improvements include a hay barn capable of, a riding arena, and a fully equipped livestock working and sorting facilities, complete with pens and chutes. A private lake suitable for stocking fish, mature forested acreage, and abundant wildlife, including elk and whitetail deer, enhance the property’s recreational appeal. At the heart of the ranch is a large main residence, exquisitely designed for both entertaining and comfort. Additional accommodation includes a guest residence and a manager’s home, both positioned above a substantial barn and workshop facility. Equestrian infrastructure includes multiple horse stalls, barns, and event-ready spaces suitable for training, rodeo activities, or private gatherings. With five separate parcels and no restrictive covenants or conservation easements, Two Feathers Ranch offers exceptional flexibility for estate planning. Combining panoramic mountain scenery, a respectable operational component, and high-end residential amenities, this property represents a singular opportunity to own a premier ranch estate in Montana’s coveted Bitterroot Valley.

406 Chief Joseph Trail, Darby

$16,250,000
6 Beds 7 Baths 407784 MLS
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.

#49 One&Only Private Home 27 Kettle Hill Trail, Big Sky

$16,000,000
389015 MLS
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.

TBD Jack Creek Road, Moonlight Territory Parcel 5 Moonlight Territory Parcel 5, Big Sky

$15,950,000
3 Beds 5 Baths 412303 MLS
Thirty minutes from Whitefish and nearly surrounded by Flathead National Forest, this 179 acre gated estate represents one of Montana's most compelling and unique configurations. With no neighboring homes in sight, the property delivers the kind of absolute privacy and self-sufficiency that would be difficult to replicate on scale. Designed with grandeur, self-sufficiency, and security in mind, the estate offers seven distinct dwellings, an additional central barndominium-style lodge and a small off-grid cabin, all offered turnkey. At its heart, the masterfully crafted, recently expanded main residence with thoughtfully designed outdoor living spaces makes this home suitable for a variety of use profiles. Six brand-new guest homes provide comfortable, independent accommodations for staff, family, or executive teams. The infrastructure behind this property is equally impressive. Wells, multiple septic systems, backup generators and internet service, with over one million dollars invested in road development, ensure the estate operates reliably and independently. Beyond the buildings, the land itself has been meticulously developed with rolling terrain, mature trees, two spring-fed fish ponds, a professionally built shooting range, gazebos, and large equipment shops. Select ranch equipment and some home furnishings are included in the purchase price. Whether the vision is a legacy family compound, a world-class corporate retreat, or a fully prepared private redoubt for those who value sovereignty and self-reliance, this property is ready to fulfill it immediately, and without compromise.

4475 & 4505 Star Meadows Road, Whitefish

$15,800,000
8 Beds 5 Baths 412244 MLS
Stunning unobstructed views, privacy with an elegant, architecturally designed home just 15 minutes from downtown Bozeman. We feel this is the premier property setting in Bridger Canyon, Gallatin Valley and Southwest Montana. In addition to the 600 Sq Ft home include a managers/guest home, insulated shop, a pole barn, green house, chicken coup, and gardening shed. This rare estate balances productive agriculture, refined living, and outdoor adventure, all within easy reach of Bozeman’s cultural and culinary delights. Bridger Canyon Spring Creek Estate is more than a home—it’s a legacy, offering a life of timeless beauty and limitless possibility. Spring Creek (Proffit Creek on older maps) flows along the northern boundary and is a short walk from the trout filled ponds. The still water on the property total over three acres, the largest being well over two acres. See full brochure with maps, photos and detailed information at:

Bozeman

$15,500,000
408113 MLS
76+/- Individually Deeded Lots READY-TO-SELL ON DAY ONE! Packaged Development Offering with Declarant Rights, Improved Riverfront Parcel, and World-Class Equestrian Center (currently leased). For the first time ever, a legacy opportunity is being offered inside the renowned Gallatin River Ranch—an established 5,900+/- acre luxury residential ranch community outside Bozeman in the Horseshoe Hills of southwest Montana. The original developer is ready to “hang up his spurs”, packaging his reserved lots along with declarant rights, and offering this package at approximately 50% of current market value. The majority of lots offered have never been on the market before, and are adjacent to 90+ high-end residences throughout GRR's previously sold parcels (many residences reside on multiple parcels). This unparalleled offering includes 1,583+/- acres in total (1,180+ contiguous acres), a 37± acre improved riverfront holding (two parcels combined) with direct Gallatin River frontage adjacent to 270 acres of Fish & Wildlife Parks Land, a private boat launch, established picnic area, mature landscaping, and an attractive sales office positioned perfectly for continued operations or future conversion. The offering further incorporates the Gallatin River Ranch Equestrian Center, a true world-class facility on 60+/- acres, featuring indoor and outdoor arenas, round pens, multiple barns, boarding stables, and the full complement of structures and equipment needed to serve a premier equestrian lifestyle community. This is an excellent opportunity for lifestyle-focused investors, developers, and builder partners seeking immediate lots to improve, sell, or hold long term. Multiple parcels, addresses, and legal descriptions apply. PRIVATE DEVELOPMENT: No drive by's please. Address shown in MLS is for identification purposes only. Additional details and full marketing packet available upon request.

3000 Nixon Gulch Road 76 Parcels, Manhattan

$15,400,000
6 Beds 5 Baths 409799 MLS
The legacy of the West comes alive at A River’s Ranch. Spanning over 55 acres across both banks of the West Gallatin River, this is a once-in-a-generation Montana ranch—minutes from Bozeman, Yellowstone, and Big Sky, yet a world entirely its own. From the Spanish Peaks to the Bridger Mountains, the views are cinematic and the land limitless. At its heart stands the main estate—a custom six-bedroom, five-bath log home built with the craftsmanship and permanence this landscape demands. Designed for generations, this 6,612-square-foot retreat is as enduring as the river that runs through the property itself. Anchored by a soaring great room with a floor-to-ceiling river rock fireplace and windows overlooking the pastures, the home is warm, generous, and built for earned comfort. Golden hand-hewn logs set the tone throughout while iron fixtures and granite countertops speak to craftsmanship and intention. The floor plan flows naturally into the open chef’s kitchen and dining area, a space designed for living, gathering, and staying a little longer than planned. With two distinct residences, the property is built for hosting. The private detached guest house features one-bedroom and one-bath and offers a complete and comfortable retreat. Close enough for connection, separate enough for privacy. The expansive entertainment center is a destination unto itself—centered on a welcoming fireplace and fully equipped with a bar, kitchenette, pool table, dual television spaces, and a dining table built for a crowd. Outside, the property is equally equipped. An outdoor kitchen with a built-in smoker, dining table, and two generous fire pits create an al fresco entertaining space scaled for large gatherings and evenings that run long into the starlit night. For the horse enthusiast, the property is fully equipped and thoughtfully designed, with 21 horse bays, three fenced pastures with water access, a dry lot, and three round pens. A level riding area sets the stage for private training, rodeos, or recreational polo beneath an open Montana sky. On the water, a beautiful stretch of private West Gallatin River frontage delivers direct access to some of the finest blue-ribbon trout fishing in the region—no crowds, no competition, just the river and the rise. And to house everything this outdoor life demands, there is a substantial garage equipped for storage of gear and vehicles. A River's Ranch sits at the center of one of Montana's most enviable lifestyles.

1021 Gateway South Road, Gallatin Gateway

$15,400,000
6 Beds 5 Baths 408815 MLS
The legacy of the West comes alive at A River’s Ranch. Spanning over 55 acres across both banks of the West Gallatin River, this is a once-in-a-generation Montana ranch—minutes from Bozeman, Yellowstone, and Big Sky, yet a world entirely its own. From the Spanish Peaks to the Bridger Mountains, the views are cinematic and the land limitless. At its heart stands the main estate—a custom six-bedroom, five-bath log home built with the craftsmanship and permanence this landscape demands. Designed for generations, this 6,612-square-foot retreat is as enduring as the river that runs through the property itself. Anchored by a soaring great room with a floor-to-ceiling river rock fireplace and windows overlooking the pastures, the home is warm, generous, and built for earned comfort. Golden hand-hewn logs set the tone throughout while iron fixtures and granite countertops speak to craftsmanship and intention. The floor plan flows naturally into the open chef’s kitchen and dining area, a space designed for living, gathering, and staying a little longer than planned. With two distinct residences, the property is built for hosting. The private detached guest house features one-bedroom and one-bath and offers a complete and comfortable retreat. Close enough for connection, separate enough for privacy. The expansive entertainment center is a destination unto itself—centered on a welcoming fireplace and fully equipped with a bar, kitchenette, pool table, dual television spaces, and a dining table built for a crowd. Outside, the property is equally equipped. An outdoor kitchen with a built-in smoker, dining table, and two generous fire pits create an al fresco entertaining space scaled for large gatherings and evenings that run long into the starlit night. For the horse enthusiast, the property is fully equipped and thoughtfully designed, with 21 horse bays, three fenced pastures with water access, a dry lot, and three round pens. A level riding area sets the stage for private training, rodeos, or recreational polo beneath an open Montana sky. On the water, a beautiful stretch of private West Gallatin River frontage delivers direct access to some of the finest blue-ribbon trout fishing in the region—no crowds, no competition, just the river and the rise. And to house everything this outdoor life demands, there is a substantial garage equipped for storage of gear and vehicles. A River's Ranch sits at the center of one of Montana's most enviable lifestyles.

1021 Gateway South Road, Gallatin Gateway

$15,250,000
6 Beds 8 Baths 411911 MLS
Located within the prestigious private gates of Spanish Peaks Mountain Club, Residence 11 was featured in the January 2026 edition of The Wall Street Journal as one of Big Sky's premier luxury properties. One of only 15 exclusive Montage Mountain Homes ever developed, this extraordinary residence stands apart as a truly exceptional offering, uniquely positioned to capture sweeping mountain vistas while providing coveted ski-in/ski-out access. Spanning 5,515 square feet, this meticulously designed six-bedroom residence seamlessly blends refined mountain elegance with world-class craftsmanship. Each bedroom features a private ensuite, creating luxurious accommodations for family and guests alike. The main level is defined by expansive timber beams with steel accents, tongue-and-groove ceilings, and a dramatic floor-to-ceiling fireplace where stone and steel are masterfully combined to create a striking architectural focal point. The chef's kitchen is designed to accommodate gatherings both intimate and grand, while rich architectural details elevate every space. Venetian plaster wall finishes, custom Holly Hunt and Phillip Jeffries wall coverings, bespoke draperies, and integrated Lutron automated window treatments reflect an uncompromising commitment to quality and design. Expansive glass doors open to a spacious upper deck, seamlessly extending the living space outdoors & creating an extraordinary setting for entertaining against a backdrop of breathtaking mountain scenery. The lower level offers an inviting family room complete with a wet bar and direct access to a private outdoor living area featuring a spa—the perfect retreat after a day on the slopes. Every element of the residence has been thoughtfully curated, featuring exquisite furnishings, fixtures, and finishes sourced from some of the world's most celebrated luxury designers and artisans. The interiors are distinguished by custom Hermès dining chairs, bespoke Holly Hunt and Ochre chandeliers, and an exceptional collection of furnishings from Roche Bobois, Hermès, and Luminaire. Beautifully appointed and meticulously maintained, Residence 11 presents a rare turnkey opportunity within Spanish Peaks Mountain Club. A remarkable offering for the discerning buyer who appreciates extraordinary quality, distinctive design, and the finest elements of luxury mountain living.

176 Martingale Fork Unit 11, Big Sky

$15,000,000
411926 MLS
Three Peaks Ranch presents one of the rarest ownership opportunities within Moonlight Basin's coveted Territories. Spanning approximately 180 acres, this extraordinary property combines the privacy, scale, and authenticity of a Montana ranch with unparalleled proximity to One&Only Moonlight Basin, creating a lifestyle found nowhere else in Big Sky. Defined by sweeping views of Lone Mountain, Fan Mountain, the Spanish Peaks, and the Madison Valley, the landscape unfolds across rolling meadows, mature evergreens, dramatic ridgelines, and two live waterways. Both Moonlight Creek and Jack Creek flow through the property, bringing movement, sound, and natural beauty to an already remarkable setting. Surrounded by protected open space and abundant wildlife, the ranch offers a rare sense of seclusion while remaining minutes from world-class amenities. What truly distinguishes Three Peaks Ranch is its unique relationship to One&Only Moonlight Basin. As the closest Territory parcel to the resort, owners enjoy exceptional access to refined dining, spa and wellness experiences, fitness facilities, and elevated alpine services. A private hiking trail provides direct access to the One&Only Sky Lodge, while eligibility for a ski locker further enhances seamless mountain living throughout the winter season. In every season, adventure begins at the property line. Miles of nearby trails invite hiking, biking, Nordic skiing, and snowshoeing, while Big Sky Resort offers some of the most celebrated skiing in North America. Membership opportunities at Moonlight Basin provide access to The Reserve, the private Jack Nicklaus Signature Course, as well as the future David McLay Kidd-designed courses planned for Moonlight West, along with the Club’s growing collection of amenities. Whether spent exploring the surrounding wilderness, relaxing at the spa, or gathering with family and friends beneath Montana's expansive skies, life at Three Peaks Ranch balances rustic authenticity with modern luxury in exceptionally rare harmony. More than a ranch, Three Peaks Ranch is a legacy property offering the opportunity to create a multi-generational retreat in one of the most sought-after settings in the American West.

TBD Roosevelt Road, Big Sky

$14,900,000
5 Beds 7 Baths 407101 MLS
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.

58 Wildridge Fork, Big Sky