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$14,500,000
404852 MLS
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.

TBD Jack Creek Road, Moonlight Territory Parcel 2 Moonlight Territory Parcel 2, Big Sky

$14,450,000
2 Beds 2 Baths 411128 MLS
The ultimate Bridger Canyon legacy property: 83 acres, two legal parcels, one established residence, and a second parcel poised for a future dream home. Grouse Creek Ranch is a rare Bridger Canyon retreat designed for those who want luxury living, mountain views, and serious equestrian infrastructure in one place. Set on 80± acres with sweeping views of the Bridger Mountains, the property pairs a 3,051 SF mountain rustic home with private horse and livestock facilities that are truly hard to replicate. Designed by Miller Roodell and built by SBC in 2019, the home blends reclaimed log, stacked stone, warm wood tones, and refined finishes throughout. The entry opens into cozy sitting rooms anchored by a wood-burning fireplace, while the kitchen was built for gathering with an oversized center island, corner dining nook, Wolf 6-burner dual oven range, dual sinks, wine refrigerator, Norsk Kleber wood stove, and sliding doors leading to the covered patio with a wood-burning fireplace and built-in grills. The primary suite offers a retractable TV, dual walk-in closets, laundry room, spacious bath with a large walk-in tile shower, and a peaceful screened porch overlooking the pond and Bridger Mountain views. A guest bedroom, 3/4 bath, living room, and oversized attached 2-car garage with epoxy floors, storage cabinets, workbench, and beverage fridge complete the home. The equestrian facilities are equally impressive, led by a heated 90’ x 175’ indoor riding arena with waxed sand footing, four stalls with outdoor runs, wash and tack rooms, and a lounge with kitchenette, Miele espresso maker, 3/4 bath, and laundry. Additional amenities include a livestock barn, eight paddocks with loafing sheds and auto-waterers, a 60’ round pen, hay and tractor storage, and a greenhouse. Grouse Creek Ranch is a polished, highly functional Montana property where mountain living and equestrian life meet at a level rarely found in Bridger Canyon.

5730 Jackson Creek Road, Bozeman

$14,000,000
3 Beds 2 Baths 412570 MLS
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.

8 West Fork Road, Nye

$13,750,000
404005 MLS
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.

612 East Main Street, Bozeman

$13,525,000
6 Beds 6 Baths 401005 MLS
Tucked into the high alpine wilderness of Montana, this One&Only Moonlight Basin Private Home is a singular architectural statement—where modern luxury meets the wild serenity of Big Sky. Designed with remarkable precision and purpose, the residence captures the essence of refined mountain living, seamlessly blending into its landscape of towering evergreens and panoramic peaks. This six-bedroom retreat spans an elegant, thoughtfully designed layout that balances intimate comfort with dramatic open living spaces. Soaring windows flood the interiors with natural light and frame breathtaking mountain vistas, while natural materials, sculptural fireplaces, and rich finishes echo the rugged beauty just beyond the glass. The indoor-outdoor connection is at the heart of this home’s design. Spacious terraces and private outdoor lounges invite you to entertain, unwind après-ski, or simply take in the stillness of the Montana sky. Whether gathering around the fire after a day on the slopes or enjoying a quiet summer evening beneath the stars, this is a home that offers space to reconnect—with nature, with loved ones, and with yourself. Ownership within One&Only Moonlight Basin comes with access to an unparalleled suite of amenities: world-class dining, a holistic spa and wellness sanctuary, and expertly curated outdoor adventures, all delivered with the personalized, intuitive service that defines the One&Only brand. This is more than a home—it is a rare legacy property set within one of the most awe-inspiring landscapes in North America. A place where architecture and nature exist in perfect harmony, and where every detail has been designed to elevate your experience of mountain life. The purchase price includes a custom Olson Kundig-designed furnishings package. All furnishings have been approved by One&Only Moonlight Basin, making the residence eligible for participation in the One&Only rental program at the owner's discretion. Artwork is excluded from the sale.

#5 One&Only Private Home 74A Roosevelt Road, Big Sky

$13,300,000
5 Beds 5 Baths 408888 MLS
Situated in the untamed wilderness of Montana, this One&Only Moonlight Basin Private Home showcases beautifully designed interiors that blend effortlessly with the surrounding landscape of forests and peaks. The five-bedroom residence spans 4,428 square feet across three levels, offering a refined sense of space and privacy. Representing some of the most exceptional living in all of Big Sky, this contemporary home features floor-to-ceiling windows, roaring fireplaces, and timeless finishes throughout. Surrounded by evergreen forests and snow-capped mountains, this expansive retreat provides an idyllic setting for family and friends to gather, unwind, and rejuvenate after a day of adventure in the great outdoors.

#36 One&Only Private Home 10B Boone Trail, Big Sky

$12,750,000
5 Beds 5 Baths 406485 MLS
This is the kind of ski house people picture when they dream of Big Sky. An authentic log home built by Blue Ribbon Builders—one of the Big Sky's most respected builders—set directly on the side of Lone Peak, with true ski-in access right to the back door. No shuttles, no workarounds. Just step outside and ski. The home offers 5 bedrooms, 5 bathrooms, and 5,721 square feet and is being sold turnkey. Warm, comfortable, and full of character, it’s designed to be enjoyed rather than fussed over. It has also proven itself as a high-performing short-term rental, with strong income and a loyal base of repeat guests. The main level is centered around an open kitchen, dining, and living area with vaulted ceilings and classic log craftsmanship—perfect for gathering after a day on the mountain. The primary suite is conveniently located on this floor, along with a cozy den, an indoor hot tub, and an attached two-car garage. Upstairs, you’ll find two spacious guest suites, each with its own en suite bath and private deck, plus a large bunk room at the end of the hall that’s ideal for hosting friends and family. The walkout lower level feels like a second living space, offering another open entertaining area with a full kitchen, a bedroom with en suite bath, a home gym, a theater room, and a large owner’s lock-off closet for ski and bike gear. The home sits on one of the best lots in one of Big Sky’s most desirable neighborhoods and does not require (or come with) Moonlight membership. Thoughtfully furnished with European antiques and Western artifacts, it’s ready to enjoy from day one. A private garage at the Bozeman Airport may also be included, depending on final terms. If you’re looking for an authentic Montana ski home—true log construction, direct ski-in access, proven rental performance, and an unbeatable location—this one stands in a class of its own.

18 Half Hitch, Big Sky

$12,500,000
412412 MLS
Gallatin Preserve Lot 7 Moose Meadows is a 160-acre idyllic homesite within the prestigious Gallatin Preserve Community. Gallatin Preserve consists of ten 160-acre parcels, which have been thoughtfully preserved by conservation easement. Each 160-acre home site within Gallatin Preserve provides an owner with a dedicated ten-acre building envelope (of which 5 acres can be developed) to design and build their dream Montana family compound. Lot 7 Moose Meadows is among the finest properties within Gallatin Preserve and is therefore one of the finest in all of Big Sky. The property can include a golf membership at Spanish Peaks Mountain Club, which is also a coveted asset for an owner to possess. The property offers outstanding privacy, spectacular panoramic views, and is conveniently located within a 10-minute drive to the Big Sky Town Center.

TBD Gallatin Preserve Tract 7, Big Sky

$12,500,000
5 Beds 5 Baths 407789 MLS
One&Only Private Home #61 offers a thoughtfully scaled mountain retreat designed to immerse residents in the beauty of Moonlight Basin. Created by Olson Kundig, the home reflects a refined architectural approach that prioritizes light, views, and connection to nature. Spanning approximately 4,020 square feet, this five-bedroom residence features open living spaces framed by expansive glass, allowing mountain views and natural light to define the interiors. Clean lines, warm finishes, and inviting fireplaces create a welcoming yet elevated atmosphere. Designed for both entertaining and quiet retreat, the home’s interior spaces extend seamlessly to outdoor terraces ideal for enjoying Montana’s changing seasons. Whether hosting guests or savoring moments of solitude, this residence offers an exceptional mountain living experience. Located within One&Only Moonlight Basin, Private Home #61 provides access to world-class amenities, curated adventures, and the signature service that defines the One&Only lifestyle.

#61 One&Only Private Home 8 Kettle Hill Trail, Big Sky

$12,500,000
30 Beds 35 Baths 405321 MLS
Recently Reduced! Aspects at Big Sky – Exclusive 10-Home Community Offering A rare opportunity exists to acquire the entire Aspects community—a private enclave of ten fully furnished modern mountain homes in Big Sky, Montana. Designed with both functionality and comfort in mind, Aspects blends contemporary architecture with the beauty of the surrounding landscape, all just minutes from Big Sky Resort and Yellowstone National Park. Each residence has been thoughtfully crafted, offering three bedrooms with ensuite baths, an open-concept kitchen, dining, and vaulted living room anchored by expansive windows, and a convenient main floor powder room. The private primary suite serves as a retreat with its walk-in closet, spa-like bath, and balcony access, while the kitchens feature stainless GE Café appliances, solid-surface countertops, and generous storage throughout. Homes also include oversized two-car garages with gear storage, dedicated laundry spaces, and inviting outdoor living areas—five of the ten homes are further enhanced with private hot tubs. Comfort is ensured year-round with forced-air heating and central air conditioning. The Aspects community itself is designed to complement its natural surroundings. Residents enjoy a relaxed setting with walking paths, forested open areas, and shared amenities that include a private sauna, outdoor firepits, and the Canteen gathering space. Low HOA dues cover snow removal and common area maintenance, while an exclusive rental program offers owners the option for additional income or reduced carrying costs. Perfectly situated, Aspects is just 10 miles from Big Sky Resort and 50 minutes from the West Entrance of Yellowstone National Park, with hiking, biking, fishing, and endless outdoor adventure available right at your doorstep.With modern construction, curated amenities, and a premier location, Aspects represents a truly rare opportunity to acquire a legacy investment property unlikely to be replicated. Optional rental program provides flexibility and income potential. Over the last 12 months, each unit in the rental program generated an average of $110,000 in total revenue."

200 Misty Mountain Court, Big Sky

$12,300,000
10 Beds 9 Baths 408626 MLS
Set on nearly 22 acres with almost 2000 ft of prime Bitterroot River frontage, this unique Hamilton, Montana property features a rare combination of river access and high-end accommodations. At the heart of the property stands a stunning log home lodge, showcasing classic Montana style and craftsmanship throughout. Inside, you’ll find attractive hardwood flooring, a beautiful river rock fireplace in the main common area, and a warm, inviting atmosphere that blends comfort and quality. The lodge includes three guest suites plus a deluxe primary suite, each room thoughtfully and stylishly appointed to provide rugged-yet-refined Montana character. Beyond the main lodge, the property features two well-designed cabins, a barn with apartment, and three luxury glamping huts, each one echoing the same attention to detail and rustic comfort found throughout. Generous windows throughout the lodge bring in plenty of natural light and frame stunning views of the Bitterroot River, just steps from the back door. The spacious kitchen is designed to handle everything from casual meals to full-scale entertaining. High-end appliances, dual sinks, and ample cabinetry make it both functional and efficient, while attractive quartz countertops offer plenty of room for food prep and serving. A spacious dining area with a bar and TV creates the perfect gathering space for entertaining, relaxing after a day on the river, or hosting guests. With a total of 10 bedrooms with 15 beds, 9 bathrooms, and 9,284 square feet of finished space, this property provides options for a variety of uses. With nearly a third of a mile of Bitterroot River frontage, you’ll have front-row access to some of Montana’s best fly fishing, along with incredible views and a deep sense of privacy just minutes from downtown Hamilton.

Hamilton

$12,000,000
406536 MLS
Strategically located where Belgrade's future development is headed, Sunnyside Estates presents a rare opportunity to shape the future of affordable housing in the Gallatin Valley. Spanning over 80± acres, this thoughtfully planned subdivision consists of four 20-acre parcels — one zoned B-2 and three Mixed Use, allowing for a range of residential and light commercial development options. The current design for the property includes a manufactured home park with a large corner lot for a commercial center. Preliminary plans for the park include 405 pads for single and double wide homes which are complemented by parks and open spaces woven throughout the neighborhood to create a sense of community and connection. Ideally located less than 10 minutes from the Bozeman Yellowstone International Airport and downtown Belgrade, with Story Creek Elementary just minutes away, residents will enjoy convenient access to local amenities, employment centers, and recreation. Bozeman is an easy commute, as I-90 access is effortless. Sunnyside Estates represents an outstanding investment and development opportunity — a chance to meet the demand for affordable, quality housing in one of Montana’s fastest-growing communities.

NHN Weaver Road, Belgrade

$11,940,000
6 Beds 6 Baths 400757 MLS
Tucked into the pristine alpine wilderness of Montana, this One&Only Moonlight Basin Private Home offers a rare fusion of striking contemporary architecture and the serene beauty of its natural surroundings. Framed by towering pines and majestic mountain vistas, the residence is intentionally designed to complement its setting—offering a lifestyle that is both immersive and effortlessly luxurious. This six-bedroom retreat provides expansive indoor and outdoor living, where floor-to-ceiling windows capture uninterrupted views and an abundance of natural light. Roaring fireplaces, refined finishes, and thoughtfully curated details create an atmosphere of warmth, sophistication, and understated elegance. The open-concept design encourages effortless flow between the interior living spaces and generous terraces, ideal for hosting family and friends or simply relaxing beneath Montana’s vast skies. Whether watching alpenglow settle over the peaks or unwinding after a day of skiing, hiking, or fly fishing, this residence serves as a refined mountain escape in every season. Positioned within the exclusive One&Only Moonlight Basin resort, owners enjoy access to a premier suite of amenities—from world-class dining and wellness offerings to curated outdoor experiences—all delivered with the globally renowned service that defines the One&Only brand. This is more than a home—it’s a private sanctuary in one of the American West’s most captivating landscapes.

#2 One&Only Private Home 66 Roosevelt Road, Big Sky

$11,900,000
3 Beds 4 Baths 402808 MLS
Nestled in the heart of one of Southwest Montana’s most coveted and scenic regions, MJS Ranch offers an exceptional opportunity to own 1,416± acres in the stunning Madison Valley, just outside Cameron and 20± minutes from the charming town of Ennis. This end-of-the-road property is bordered by 2.5± miles of National Forest and wilderness area, ensuring unmatched privacy and direct access to thousands of acres of pristine wilderness. From nearly every vantage point on the ranch, breathtaking panoramic views stretch across the Madison Valley and out to the towering peaks of the surrounding mountain ranges, creating a majestic and inspiring backdrop. The world-famous Madison River, offering blue ribbon trout fishing, is just 7± miles from the ranch entrance at the Varney Bridge Fishing Access. The ranch is graced with over 2 miles of Tolman Creek and half a mile of Mill Creek, providing excellent water resources for stock and wildlife. The land is well-suited for productive agricultural use with approximately 100± acres under pivot and 50± acres under flood irrigation. It supports a viable cattle operation with capacity for 80 pairs, bolstered by two additional summer grazing leases. Improvements on the property include a beautifully crafted 3,100± square foot main home, featuring three bedrooms, three and a half bathrooms, a home theater, and an attached two-car garage with ample storage. The secondary residence, a 896± square foot cabin, offers four bedrooms and two bathrooms, making it ideal for guests or a manager’s quarters. The ranch is well-equipped for equestrian and agricultural use, with an indoor riding arena housing seven stalls, a tack room, a barn, a hay shed, an equipment shop, and corrals. Located just over an hour from Bozeman Yellowstone International Airport and Yellowstone National Park’s West Entrance, this rare offering balances serene seclusion with excellent access to Montana’s world-renowned amenities and landscapes.

327 Granger Road, Cameron

$11,900,000
3 Beds 4 Baths 402750 MLS
Nestled in the heart of one of Southwest Montana’s most coveted and scenic regions, MJS Ranch offers an exceptional opportunity to own 1,416± acres in the stunning Madison Valley, just outside Cameron and 20± minutes from the charming town of Ennis. This end-of-the-road property is bordered by 2.5± miles of National Forest and wilderness area, ensuring unmatched privacy and direct access to thousands of acres of pristine wilderness. From nearly every vantage point on the ranch, breathtaking panoramic views stretch across the Madison Valley and out to the towering peaks of the surrounding mountain ranges, creating a majestic and inspiring backdrop. The world-famous Madison River, offering blue ribbon trout fishing, is just 7± miles from the ranch entrance at the Varney Bridge Fishing Access. The ranch is graced with over 2 miles of Tolman Creek and half a mile of Mill Creek, providing excellent water resources for stock and wildlife. The land is well-suited for productive agricultural use with approximately 100± acres under pivot and 50± acres under flood irrigation. It supports a viable cattle operation with capacity for 80 pairs, bolstered by two additional summer grazing leases. Improvements on the property include a beautifully crafted 3,100± square foot main home, featuring three bedrooms, three and a half bathrooms, a home theater, and an attached two-car garage with ample storage. The secondary residence, a 896± square foot cabin, offers four bedrooms and two bathrooms, making it ideal for guests or a manager’s quarters. The ranch is well-equipped for equestrian and agricultural use, with an indoor riding arena housing seven stalls, a tack room, a barn, a hay shed, an equipment shop, and corrals. Located just over an hour from Bozeman Yellowstone International Airport and Yellowstone National Park’s West Entrance, this rare offering balances serene seclusion with excellent access to Montana’s world-renowned amenities and landscapes.

327 Granger Road, Cameron

$11,500,000
5 Beds 5 Baths 407783 MLS
Set within the serene alpine landscape of Moonlight Basin, Private Home #42 offers a refined mountain retreat where modern architecture and natural beauty coexist in perfect balance. Designed by the acclaimed firm Olson Kundig, the residence reflects a thoughtful approach to scale, light, and connection to the land. Spanning approximately 4,020 square feet, this five-bedroom home features open, light-filled interiors framed by floor-to-ceiling windows that capture sweeping mountain views. Warm natural materials, clean architectural lines, and inviting fireplaces create an atmosphere that is both contemporary and deeply comfortable. Indoor living spaces flow seamlessly to outdoor terraces and lounges, offering ideal settings for entertaining or quiet moments of reflection amid Montana’s changing seasons. Whether returning from a day on the slopes or enjoying summer evenings under expansive skies, this home is designed to elevate everyday living. Located within One&Only Moonlight Basin, owners enjoy access to exceptional amenities, curated experiences, and the legendary service that defines the One&Only lifestyle.

#42 One&Only Private Home 13 Kettle Hill Trail, Big Sky

$11,307,000
409921 MLS
12 Penny Lane — Gallatin Gateway, Montana Net Leased Showroom & Fabrication Facility Single Tenant | Purpose Built | Resort Market Exposure Offered at $10,959,000. 7.25% Cap Rate Executive Overview 12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth. Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security. Investment Highlights • 100% Occupied, Single Tenant Asset New arm’s length lease with established operating tenant • Strong In Place Cash Flow Net Operating Income of approximately $819,726. • Modified NNN Lease Structure Flat $3.00/SF expense recovery with no annual reconciliation • Annual Rent Growth 3% annual escalations on base rent • Purpose Built, Non Commodity Real Estate Irreplaceable showroom and fabrication infrastructure • High Barrier Resort Market Location Limited competing inventory for comparable uses • Replacement Cost Support Insured building replacement value of $7.29M (exclusive of land) Property Description Address: 12 Penny Lane, Gallatin Gateway, MT 59730 Property Type: Commercial — Showroom / Fabrication / Warehouse Total Rentable Area: 38,563 SF (inside wall measurement) • Office / Showroom: 16,288 SF • Warehouse / Fabrication: 23,823 SF The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built out showroom departments serving architects, designers, and high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.

12 Penny Lane Lane, Gallatin Gateway

$11,150,000
4 Beds 5 Baths 409143 MLS
Located on 1.07 acres in the desirable Elkridge neighborhood of Spanish Peaks Mountain Club, 755 Eagle View Trail offers a beautifully crafted mountain retreat with approximately 4,624± square feet of living space and spectacular views of the Spanish Peaks, including the stunning Wilson Peak. Built in 2014, this thoughtfully designed ski-in/ski-out home blends timeless mountain architecture with comfortable modern living. The main level features an inviting open-concept living space with kitchen, dining, and family room, centered around a striking rock fireplace and framed by a large picture window that captures breathtaking alpine views. Rich woodwork and exceptional craftsmanship are showcased throughout the home. This level also includes one bedroom, a full bath, powder room, laundry area, and direct garage access. The lower level provides generous accommodations with three additional bedrooms, three bathrooms, and a spacious family room. After a day outdoors, relax in the private hot tub located just off the lower level and enjoy the peaceful mountain setting. Ideally positioned for easy ski access, this home offers a perfect base for year-round mountain adventures. Ownership includes the opportunity to join the Spanish Peaks Mountain Club, one of the region’s premier private clubs, with the option of either Golf or Social Membership. Members enjoy an exceptional array of amenities including a Tom Weiskopf-designed championship golf course, ski access to Big Sky Resort, clubhouse dining, fitness facilities, and year-round outdoor recreation. The community continues to evolve with the highly anticipated Aspire building scheduled for completion this summer, which will further elevate the club experience with new luxury amenities and gathering spaces. Combining spectacular views, thoughtful design, and access to world-class amenities, this Elkridge residence offers an exceptional opportunity to experience the best of mountain living. Contact your favorite, local Big Sky real estate professional to arrange a private tour today.

755 Eagle View Trail, Big Sky

$11,000,000
3 Beds 3 Baths 411460 MLS
Set against the dramatic backdrop of the Bridger Mountains, Tepee Ridge Road is a rare legacy offering in the heart of coveted Bridger Canyon. Spanning approximately 97± deeded acres of rolling meadows, native grasses, and wildlife-rich landscape, this extraordinary property captures the essence of Montana living—where privacy, natural beauty, and convenience converge just minutes from both Downtown Bozeman and Bridger Bowl Ski Area. The estate is thoughtfully designed as a multi-generational retreat, anchored by a beautifully updated 5,386± square foot mountain modern main residence that blends timeless craftsmanship with warm modern elegance. Expansive windows frame sweeping views of the Bridger and Spanish Peak mountain ranges while filling the home with natural light. Reclaimed oak flooring, vaulted ceilings, stacked stone fireplaces, custom crafted Mahogany cabinetry, and refined designer finishes create an inviting atmosphere equally suited for intimate evenings or large-scale entertaining. Designed primarily for single-level living, the main residence offers multiple gathering spaces, a luxurious primary suite with a private covered deck, and seamless indoor-outdoor connectivity through expansive stone patios overlooking the surrounding meadows and mountain ranges. Complementing the main home is a charming 1,441± square foot guest residence featuring two bedrooms, two bathrooms, a heated garage, and warm interior finishes ideal for hosting family and guests in complete comfort. Additional improvements include a greenhouse, expansive shop, and large toy/RV barn, offering abundant space for recreation, equipment, horses, or outdoor pursuits. Wildlife thrives throughout the property, with elk, deer, sandhill cranes, and raptors frequently seen across the landscape, further enhancing the property’s remarkable sense of serenity and connection to nature. Tepee Ridge Road represents not only an exceptional lifestyle opportunity, but also a lasting investment in one of Montana’s most treasured landscapes.

7180 Tepee Ridge Road, Bozeman

$10,950,000
4 Beds 6 Baths 409003 MLS
This extraordinary 146± acre estate is the crown jewel of North Pass Ranches, Bozeman’s premier, gated luxury ranch community. Ideally situated just 15 minutes from downtown Bozeman, this legacy property offers a rare combination of privacy, accessibility, and unmatched natural beauty. As the original founder’s location and the most coveted site within the ranch, it occupies a commanding ridgeline with panoramic views stretching across the Gallatin, Madison, and Tobacco Root ranges, as well as the iconic Absaroka-Beartooths and the sweeping Bozeman valley below. At the heart of the property lies a masterfully updated 8,000± square foot main residence, designed to inspire. Soaring ceilings up to 31 feet frame expansive living spaces, anchored by a gourmet chef’s kitchen outfitted with top-tier appliances and a dramatic main-level primary suite featuring a spa-caliber en suite bath, oversized walk-in dressing room, and a striking fireplace. Finishes throughout speak to a refined mountain aesthetic—leathered quartzite countertops, reclaimed oak ceiling beams, custom light fixtures, and premium designer details at every turn. A separate 3,000± square foot guest house includes 4 bedrooms, 3 bathrooms, and an attached two-car garage, offering space for extended family, friends, or on-site staff. Designed for the equestrian enthusiast, the property features a heated 14,560± square foot indoor riding arena with five stalls, two foaling stalls, a tack room, bathroom, kitchen, and ample equipment storage. The grounds include brand-new fencing, multiple pastures, and direct access to miles of private riding and hiking trails that wind throughout North Pass Ranches and into State of Montana land. Owners within the ranch community enjoy over 9 miles of private trails, stocked fishing ponds, a full-time on-site ranch manager, and shared amenities ideal for gathering, recreation, and solitude alike. Wildlife abounds—moose, elk, deer, and bear are regular visitors—enhancing the deep connection to nature this property offers. This is more than just the finest location within North Pass Ranches—it’s a rare chance to secure a legacy estate in one of Montana’s most sought-after landscapes. The blend of luxury, land, and location simply has no equal. As an added advantage, Montana has no sales tax, making ownership even more appealing for buyers seeking both an extraordinary lifestyle and meaningful financial efficiency.

1221 Green Valley Way, Bozeman

$10,900,000
3 Beds 4 Baths 412131 MLS
Imagine starting every morning with the gentle sound of the Gallatin River flowing just beyond your window. Eagles soar overhead, elk wander nearby, and the surrounding mountains glow with the first light of day. This is a chance of a lifetime to own a piece of the last best place in Montana! Gallatin River Homestead in Big Sky is nestled along the tranquil banks of the Gallatin River. This 12.44± acre property offers unparalleled opportunities unlike any other. With over a quarter mile of pristine riverfront at your doorstep, indulge in world-class trout fishing right from your backyard. Bordered by expansive National Forest lands to the south and perfectly suited for the equestrian lifestyle, this exceptional retreat offers sweeping mountain views, unmatched privacy, and a peaceful sense of seclusion. Despite its secluded setting, convenience is never compromised. Just a few minutes' drive away, Big Sky Town Center offers a host of amenities, including shopping, dining, and entertainment, ensuring the perfect balance of a wilderness escape and modern comfort. Another 10 minutes up the road awaits the “Biggest Skiing in America”, Big Sky Resort. Set upon 12.44± acres are three separate, contiguous deeded parcels. Two of the parcels are already improved with residences, while the additional five-acre undeveloped parcel offers exceptional flexibility to build on, preserve open space for added privacy, or retain it as a valuable long-term investment. Designed for gathering and making memories, this unique property includes two beautifully appointed homes. The stunning 3,698-square-foot custom log residence features three bedrooms and three-and-a-half baths, while the detached 2,886-square-foot guesthouse offers three bedrooms, a large bunkroom downstairs, and three baths, perfect for hosting family and friends or creating a private retreat. Every season tells a different story here. Winter brings unforgettable days on the slopes of Big Sky Resort; spring awakens the Gallatin River with world-class fly fishing; summer invites endless exploration through Yellowstone and the adjacent National Forest; and autumn paints the mountains in brilliant color. No matter the time of year, this extraordinary property serves as your private gateway to the very best of Montana's outdoor lifestyle.

42530 Gallatin Road, Big Sky

$10,518,000
409918 MLS
Commercial Income Property with Development Upside Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand. Property Overview • Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718 • Property Type: Commercial — Retail, Showroom & Warehouse • Total Building Size: 33,400 SF (five condo units) • Land Area: 2.777 acres (two parcels) • Frontage: 337 feet on US Highway 191 South • Occupancy: 100% leased Development Upside The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements. Cap Rate 7.25% Building & 11,518 SqFt Development parcel.

81211/ 13 Gallatin Road, Bozeman

$10,500,000
384848 MLS
Well-finished, ±29,724 square foot office building situated on ±3.03 acres at the southern edge of Bozeman. The property is located within Bozeman’s Opportunity Zone, just south of Montana State University. Built in 2000, the building can easily be adapted into a multi-tenant building, though it is currently fully leased to tenants Inhealth Life Sciences, Bozeman Health, and Proper Insurance. Proper Insurance has already committed to taking the Bozeman Health Space in April when they vacate. The building's layout is based on a central core of restrooms, mechanical, elevator, and a stairwell with offices branching north and south, creating four leasable areas around ±7,000 square feet each. The property is nicely landscaped, with ample parking on site.

40 Enterprise Boulevard, Bozeman

$10,499,000
5 Beds 7 Baths 407313 MLS
A Montana Legacy Estate on 20 acres 168 Charlie Russell is an exquisitely artisan-crafted, hand-hewn log estate built and designed to endure the test of time—an offering reserved for those who value privacy, provenance, and legacy. Set within the gated enclave of Big EZ Estates and spanning 20 acres, this is a rare opportunity to acquire a true Montana legacy home with the ability to obtain a Golf or Ski/Social membership at Spanish Peaks Mountain Club, but it is NOT required. At 7,434± square feet with wraparound decks the home captures sweeping, cinematic views of Yellowstone National Park and the Spanish Peaks—where sunrises, moonrises, and alpenglow sunsets become part of daily life. Designed for both grand entertaining and intimate retreat, the home features 5 bedrooms, 5 full baths, and 2 powder rooms, complemented by six interior fireplaces, an outdoor fireplace, a landscaped fire pit, and a new hot tub for four-season enjoyment. 2 private primary suites—each with its own fireplace, outdoor access, and individual climate control—offer hotel-level comfort and exceptional privacy for owners and guests alike. A charming timber-frame bunk room with en-suite bath adds warmth and character for family gatherings. The main level unfolds with soaring ceilings, a dramatic floor-to-ceiling stone fireplace, expansive living and dining spaces, and a gourmet kitchen outfitted with premium appliances and generous prep areas—ideal for entertaining at scale. An executive office with private deck access sits just off the great room and primary suite, blending productivity with inspiration. The primary suite itself is a sanctuary, featuring a fireplace, spa-like bath, walk-in closet, adjacent executive office and private deck overlooking the peaks. The lower level is dedicated to recreation and relaxation, offering a spacious family room, wet bar, pool table, additional fireplace, workout room and seamless access to outdoor living—where the hot tub and fire pit invite evenings under Montana’s vast sky. A wrap-around deck, multiple patios,and tranquil mountain vistas complete the experience. With 20 acres of usable land, ability to build a guest home, remarkable privacy, and immediate proximity to the world-class amenities of Big Sky,168 Charlie Russell embodies the very essence of the Big Sky lifestyle. Timeless, irreplaceable, and uncompromising—this is not simply a residence, but a legacy to be stewarded for generations. Fully furnished and turnkey.

168 Charlie Russell Loop Big EZ Estates Lot 45, Big Sky

$10,240,000
5 Beds 4 Baths 398061 MLS
Embrace Montana’s wild beauty this winter with this fully furnished One&Only Moonlight Basin Private Home, a luxurious retreat crafted to harmonize with nature’s beauty. This five-bedroom, 3,670-square-foot residence merges contemporary elegance with rugged mountain charm, seamlessly integrating with the breathtaking surroundings of Big Sky’s wilderness and iconic peaks. Floor-to-ceiling windows invite expansive views of the snow-capped mountains, filling the home with natural light and a deep sense of tranquility. Impeccable finishes, lovely furnishings and art throughout, cozy fireplaces, and stunning outdoor spaces make this a sanctuary of both sophistication and comfort—a perfect retreat for family gatherings or intimate escapes. Ownership here extends beyond the home, offering privileged access to exclusive amenities through Moonlight Basin Club and One&Only Moonlight Basin. Experience world-class skiing with ease through your private ski locker and direct Gondola access from One&Only Sky Lodge and Big Sky’s Madison Village, a private Jack Nicklaus Signature Golf Course, and miles of hiking/biking/Nordic trails that wind through the breathtaking terrain. Delight in lakefront activities, from paddleboarding and canoeing to serene fly fishing. In winter, enjoy snowshoeing, cross-country skiing, and convenient access to the world class skiing at Big Sky Resort, while year-round, the One&Only spa and wellness offerings ensure rejuvenation and relaxation. With exclusive dining experiences, concierge services, and an array of thoughtfully curated adventures, this private home is more than a residence—it’s an invitation to experience the best of Montana’s unparalleled luxury and adventure.

#33 One&Only Private Home, 14 Boone Trail One&Only Private Home #33, Big Sky

$10,000,000
6 Beds 12 Baths 411846 MLS
Gardiner Montana riverfront property. Overlooking the iconic Yellowstone River on 5.5 pristine acres, this exceptional property combines comfortable lodging, a sought-after event venue, and Montana's breathtaking natural beauty into one remarkable offering. With a proven history of successful bookings and a loyal base of returning guests, this is far more than real estate—it's an established hospitality business. Rare opportunity to acquire a fully operating, turnkey vacation rental and wedding/event venue at the gateway to Yellowstone National Park's North Entrance. TWO large lodges and a commercial event venue combine an established short-term rental business with exceptional riverfront real estate. Offering immediate income potential in one of Montana's premier tourism destinations, the centerpiece is a timber-frame event barn completed in 2022, designed to host 100–150 guests and featuring a commercial kitchen, picture windows, loft, and patio. The riverside covered ceremony space and expansive patio showcase sweeping views extending into Yellowstone National Park, creating an unforgettable backdrop for weddings and events. Two custom log homes provide 12 bedrooms and 7 bathrooms, comfortably sleeping 36 guests, with flexible rental options for one lodge, both lodges, or the entire property. The current owners have carefully curated this legacy property for decades. The main lodge tells a unique Montana story: in the early 1990s, the owner used his horse team, Duke and Dan, to harvest the massive logs from the hills across the river and hand-hewn them into the lodge. Today, those logs carry the rich patina only time can create. The property hosts weddings, retreats, corporate gatherings, family reunions, and private events, creating multiple income streams. Guests enjoy Yellowstone National Park just minutes away, along with world-class fishing, floating, hiking, and wildlife viewing. Yellowstone Hot Springs is only 4 miles away, while Chico Hot Springs, Sage Lodge, and fine dining are within 30 minutes. With no covenants, direct river frontage, established income, and hospitality infrastructure already in place, this is a unique investment opportunity in one of Montana's most iconic destinations. Whether you're seeking a strong-performing investment, premier event venue, destination retreat center, or legacy property, this Yellowstone River retreat delivers. Showings will need to work around booked guests. Please watch the video!

1035 and 1037 US Highway 89 South S, Gardiner

$10,000,000
4 Beds 5 Baths 408320 MLS
Set in the heart of Moonlight West, the Iron Drive Cabins offer a rare opportunity to own one of the community’s first built-home residences. Designed by Reid Smith Architects, this limited collection of ten contemporary homes reflects the architectural character of Moonlight West while embracing immersive mountain living. Positioned alongside The Reserve golf course, the cabins enjoy direct access to current and future golf amenities, as well as close proximity to the planned fitness facility and outdoor tennis and pickleball courts. Owners benefit from an adjacent trail system connecting seamlessly to the broader Moonlight West network, ideal for hiking, mountain biking, snowshoeing, and cross-country skiing. Each residence includes a dedicated ski locker at the new Clubhouse, which is currently in the design phase by CLB Architects. Planned Clubhouse amenities include a restaurant and bar, sports bar and private dining room, separate ski and golf locker rooms, pro shop, golf simulators, and panoramic views of Lone Peak, Fan Mountain, and the Spanish Peaks. Membership in Moonlight Club is available with each Iron Drive Cabin and is required with purchase, offering access to a growing collection of world-class amenities. Thoughtfully sited in a dynamic, recreation-focused setting, the Iron Drive Cabins present a compelling blend of modern convenience, connection, and mountain lifestyle.

TBD Iron Drive Iron Drive Cabins Unit 10, Big Sky