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Rare investment opportunity in the heart of West Yellowstone! This unique property combines residential living with exceptional commercial potential on two original lots combined into one expansive parcel, offering desirable B-3 Commercial zoning and endless possibilities. Whether you’re looking for employee housing, retail, warehouse space, offices, mixed-use development, or nightly lodging (subject to local regulations and approvals), this property is positioned to meet a wide variety of investment goals.

Generate income from day one with two existing rental units, one "front" home featuring 3 bedrooms, 1 bathroom, kitchen, laundry room and living area. The back unit is complete with separate entrance, a kitchen, living room, laundry room, 3/4 bathroom and bedroom. There are five separate trailer pads, providing immediate cash flow while you plan for future development. The property also features SIX individual water and sewer hookups, adding tremendous value and flexibility for development. 

Ideally located within walking distance of West Yellowstone’s iconic Main Street, you’ll enjoy easy access to restaurants, shopping, entertainment, schools, grocery stores, outfitters, and Yellowstone Airport. Just minutes from the west entrance of Yellowstone National Park, this location benefits from millions of annual visitors and strong year-round demand for housing, lodging, and commercial services.

Outdoor recreation is second to none. Enjoy world-renowned blue-ribbon trout fishing on the Madison River, boating and fishing at nearby Hebgen Lake, plus endless opportunities for hiking, mountain biking, horseback riding, wildlife viewing, snowmobiling, cross-country skiing, and exploring the surrounding Gallatin and Targhee National Forests.
Whether you’re searching for an income-producing investment, a live-work opportunity, employee housing, or a property with exceptional redevelopment potential, this offering delivers unmatched versatility in one of Montana’s premier gateway communities. Continue generating income from the existing rentals and trailer pads, or capitalize on the flexibility of B-3 Commercial zoning to bring your vision to life.

Commercial properties with existing cash flow, utility infrastructure, and redevelopment opportunities this close to Yellowstone National Park are increasingly rare. Don’t miss this chance to own a highly versatile, income-producing property in one of Montana’s strongest tourism and investment markets.
#413270

West Yellowstone

625 Firehole

4 Beds

2 Baths

1,924 Sq.Ft.

$999,999

MLS#: 413270

Lazy moose cabin is located on 10 treed acres high in the Gravelly Mountains.  This off grid cabin is fully wired (grounded neutral system) and runs from a 2200 Watt system (Solar, Generator, with battery back up).  The open living room, dining area and kitchen has a vaulted ceiling and access onto a covered wrap around porch that takes in those beautiful mountain views.  The upgraded bathroom includes a tiled shower (hot water in 16 minutes) and an RV Flush toilet.  Kitchen has a propane range & energy efficient refrigerator.  The Cabin has a wood burning fireplace (though current owner has never used it) and a propane wall heater.  The bedroom on the main floor has propane lanterns for function and ambiance.  You can plug in to the world via fiber optics or stay unplugged and enjoy the sights, sounds & smells of the surrounding forest and watch your neighbors: deer, elk, moose, antelope or the occassional mountain lion & bear.  Located just 1.1 miles from National Forest and just a short jaunt down the hill to trout stocked Haypress Lakes.  Bring your horses, your side by sides, or a good book.....in Montana you don't just buy a property you purchase a new lifestyle.  Cabin is offered turn-key complete as it is currently used as a short term rental - 26 FIVE STAR REVIEWS from last two years alone!
#409673

Ennis

51 Boiler Springs

2 Beds

None Baths

720 Sq.Ft.

$395,000

MLS#: 409673

Welcome to 710 S. Pacific Street, a tastefully updated home in a desirable Dillon location, just a short walk from the University of Montana Western. Offering three levels of living space, this property provides the flexibility to accommodate a primary residence, student housing, rental opportunity, or long-term investment.
The main level features two bedrooms, a full bathroom, a comfortable living room with a wood burning fireplace, a dining area, and an updated kitchen featuring knotty alder cabinetry, quartz countertops, and newer stainless steel appliances. Upstairs, you'll find a spacious primary suite with its own full bathroom, plenty of room to spread out, and a small office or living area that can be tailored to your needs. The basement adds even more versatility with a second kitchen, dining and living area, an additional bedroom with an egress window, a full bathroom, an extra room, and a dedicated laundry room complete with washer and dryer.
Recent improvements (flooring, paint, updated plumbing and electrical systems) offer added peace of mind for your investment. 
Outside, enjoy a nicely sized yard with perimeter fencing in the backyard, along with alley access for convenient garbage pickup. An attached one-car garage provides additional parking or storage. 
Turn-key and move-in ready! Call today for a showing!
#415033

Dillon

710 S Pacific Street

4 Beds

3 Baths

2,763 Sq.Ft.

$385,000

MLS#: 415033

Wake up to big skies, rugged mountain views, and quiet that makes you want to stay awhile. Tucked near Roscoe at the base of Montana’s breathtaking Beartooth Mountains, these 16.94 deeded acres offer a remarkable canvas for building a mountain getaway, year-round residence, or recreational retreat surrounded by some of the most spectacular country in south-central Montana. With electricity available and legal access already in place, the property offers an exciting opportunity to bring your vision to life while still enjoying the space and privacy acreage provides. Adventure begins practically outside your door. East Rosebud Lake offers hiking, fishing, and access to the Custer Gallatin National Forest, while Cooney Reservoir provides boating, swimming, camping, and fishing. The nearby Absaroka-Beartooth Wilderness opens the door to hundreds of alpine lakes, hiking, horseback riding, hunting, fishing, camping, and wildlife viewing. When you’re ready for a change of pace, head toward Red Lodge for dining, shopping, skiing at Red Lodge Mountain, or a drive along the legendary Beartooth Highway. Yellowstone National Park is also within reach for unforgettable day trips into one of the West’s most iconic landscapes. Whether you envision a cozy mountain cabin, a striking custom home, or simply a private place to escape and enjoy the outdoors, this acreage offers something increasingly difficult to find: room to build, room to roam, and extraordinary recreation in nearly every direction.
#415160

Roscoe

TBD Getaway Trail

None Beds

None Baths

16.94 acres

$395,000

MLS#: 415160

Price reduced
Turnkey Opportunity in Big Sky — Build Package Offered at $2.8M or Land Available for $399,000 with plans

Lot 20 in the highly desirable Meadow Village neighborhood offers a rare, flexible opportunity to secure property in Big Sky — whether you’re ready to build now or prefer to bring your own vision to life.

The homesite is available for purchase at $485,000 and includes Montana stamped and approved construction plans, HOA approval, completed geotechnical work, and a survey — giving buyers a valuable head start and significant savings in time and upfront planning.

For those seeking a more streamlined, turnkey experience, this property is also offered with a thoughtfully designed build package at $2.8 million.

The build package provides a seamless path from start to finish while still allowing room for personalization. Allowances and client-selected finishes may vary, and change orders can affect final pricing — giving you the flexibility to tailor the home to your specific style and needs.

Exterior renderings shown reflect the home designed for this lot and what can be built. Buyers have the option to purchase the land and create their own vision, or move forward with the existing plans and have the builder bring the home to life for a streamlined experience.
Home is not yet built.

Located in the heart of Meadow Village, you’ll enjoy a strong sense of community along with convenient access to local amenities, including a golf course and softball fields, plus close proximity to:
 • Big Sky Town Center (2 minutes)
 • Big Sky Resort (15 minutes or less)
 • West Yellowstone & Yellowstone National Park (45 minutes)
 • Bozeman (1 hour)
 • Ophir School (10 minutes)

From skiing and snowmobiling to fly fishing, hiking, mountain biking, and golfing, year-round adventure is right outside your door.

Whether you’re looking for a full-time residence or a mountain retreat, this is a rare opportunity to secure a homesite with flexibility, preparation, and a clear path to building — all in one of Big Sky’s most convenient and community-centered neighborhoods.
#408359

Big Sky

Lot 20 Two Moons Road

None Beds

None Baths

0.275 acres

$399,000

MLS#: 408359

Price reduced
PRICED REDUCED - BACK ON THE MARKET - PRICED TO SELL.  Motivated Seller.  Must See...One of the newest premiere homes and lot combinations in Flint Creek Ranch has come to market! Owners are moving! This spacious country home with luxurious updates sits on top of 20.64 acres and was constructed only a few years ago with quality and family in mind. It encompasses 4 bedrooms or 3 bedrooms with an office, along with 3 baths and a modernized bright and open kitchen plan with a spacious deck/porch in the front. This makes for some beautiful views and sunsets without noise and neighbors and a peacefulness that only large acreage home sites can provide. For those of you that need some extra space outside of the living area, the 3 Car Heated Garage is a rare addition!  Private Well with some of the best quality water in the county along with Vigilante Coop as your low cost electric power supplier. In floor heat and so much more... Schedule your showing
#409223

Ramsay

960 Tenderfoot Trail

4 Beds

3 Baths

2,560 Sq.Ft.

$749,000

MLS#: 409223

Move-in ready and designed for effortless living, this place lives like brand new, pride of ownership at every turn. This low-maintenance, single-level end-unit condo offers an ideal central Bozeman location near Gallatin Regional Park, restaurants, shopping, and an extensive trail system. Newer carpet, newer flooring, newer interior paint and dual operation blinds! Home also comes with a whole house security system. The thoughtfully designed open floor plan creates a comfortable flow for everyday living and entertaining, all on one convenient level. The spacious primary suite features an en-suite bathroom, offering a private retreat at the end of the day. Step outside to enjoy the fully fenced backyard and back patio—perfect for morning coffee, outdoor dining, or simply relaxing in your own private space. The HOA takes care of park space, yard maintenance - even your backyard, snow removal of garage apron, sidewalks, even all the way to your front door, allowing you to enjoy the benefits of outdoor living without the upkeep. The backyard also opens to community open space, adding to the sense of privacy and connection to the surrounding neighborhood. An attached single-car garage provides secure parking and additional storage, while ample on-street parking offers added convenience for guests. With its desirable end-unit location, single-level layout, fenced yard, low-maintenance lifestyle, and easy access to parks and trails, this condo is an excellent opportunity to enjoy all that Bozeman has to offer.
#414671

Bozeman

3035 Breeze Lane A

2 Beds

2 Baths

1,183 Sq.Ft.

$459,000

MLS#: 414671

Bring your imagination and vision to this 3-bedroom, 2-bath home situated on approximately ½ acre. Priced well below current market values, this property offers an excellent opportunity for an investor, contractor, or buyer looking for a project with significant potential.

The home needs tender loving care and is being sold “AS IS.” The property will likely require a cash purchase or alternative financing suitable for a fixer-upper. With the right improvements, this property could be transformed into a terrific home or investment.  

Contact the Listing Agent or your favorite REALTOR® for more information and to explore the possibilities this property offers.
#414768

Belgrade

29 Brahma Boulevard

3 Beds

2 Baths

1,152 Sq.Ft.

$400,000

MLS#: 414768

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 7.74% Building & 11,518 SqFt Development parcel.
#409918

Bozeman

81211/ 13 Gallatin Road

None Beds

None Baths

33,400 Sq.Ft.

$9,900,000

MLS#: 409918

Tucked away at the threshold of endless National Forest wilderness near Whitefish, Montana, North + Pine is an enchanting 20.42-acre sanctuary where rustic Big Sky charm seamlessly meets refined modern luxury. Meticulously transformed over eight years into a premier hospitality platform and multi-generational legacy compound, this serene retreat invites guests to slow down, breathe deeply, and immerse themselves in the quiet magic of the Montana outdoors. The estate centers around an expansive 4,140-square-foot log Main Lodge, featuring warm timber craftsmanship, a gourmet kitchen, spacious living quarters, a private hot tub, and a reinforced 900-square-foot partial basement bunker. Complementing the primary residence is The Roost, an inviting 2,300-square-foot home with two luxurious master suites, heated bathroom floors, two additional guest rooms, and a sunlit wood deck overlooking pristine forest views. Guests enjoy beautifully appointed private accommodations at The Coop, a thoughtfully remodeled lodging house offering six climate-controlled queen suites with en-suite baths and individual kitchenettes, complemented by peaceful outdoor gathering porches wrapped in string lights. For those seeking an immersive wilderness experience, a serene wall-tent glamping site offers a secluded retreat set apart from the main lodgings. Designed for unforgettable group stays, corporate retreats, and destination weddings, the picturesque grounds unfold into a magnificent 3,000-square-foot open-air timber pavilion set against dramatic natural boulder formations with a 35-person stone fire pit. A charming open-air Boathouse bar sits at the edge of a tranquil one-acre stockable trout pond, complemented by a dedicated yoga and wellness studio, a climate-controlled library cabin, a retail mercantile cabin, a large greenhouse, a 100-yard shooting range, and rolling manicured lawns framed by soaring pines.
#414438

Whitefish

3965 Star Meadow Road

13 Beds

None Baths

8,812 Sq.Ft.

$7,500,000

MLS#: 414438

Welcome home to this inviting 3-bedroom, 2-bath home situated on a corner lot in Bozeman’s desirable Harvest Creek neighborhood! Offering 1,940 sq. ft. of living space, this home features a spacious living room with soaring ceilings, a cozy gas fireplace, built-in shelving, and plenty of natural light. The kitchen provides ample cabinetry, generous counter space, a gas range, prep sink, and large pantry. The primary suite offers dual walk-in closets and private backyard access, while all three bedrooms enjoy their own access to the outdoors. Upstairs, a bonus room and additional partially finished, plumbed space offer flexibility and room to grow. Step outside to a beautifully landscaped, fenced backyard complete with a pergola and inviting spaces to relax or entertain. With radiant hot water heat, a heated 2-car garage, and close proximity to neighborhood trails and Bozeman amenities, this home offers comfort, character, and plenty of room to make it your own. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.
#415099

Bozeman

3108 Oliver Street

3 Beds

2 Baths

2,696 Sq.Ft.

$750,000

MLS#: 415099

Welcome to modern living in the heart of Bozeman! This sleek 1 bed, 1 bath condo located in the desirable Merin building offers contemporary finishes and an open-concept layout perfect for comfortable living. The kitchen features sleek cabinetry, stainless steel appliances, and a spacious island, ideal for entertaining or enjoying your morning coffee. Natural light floods the living space through large windows, creating a warm and inviting atmosphere. The bedroom provides ample space and storage, while the bathroom boasts elegant fixtures and a clean design. Enjoy the convenience of a dedicated heated garage stall. Located in downtown Bozeman, this condo offers the perfect blend of convenience and the tranquility of mountain living. Don't miss this opportunity to own a piece of city living in this beautiful modern space.
#409865

Bozeman

116 N Bozeman 305

1 Beds

1 Baths

963 Sq.Ft.

$620,000

MLS#: 409865

NEW CONFIGURATION AND NEW PRICE!!    WOW! Direct access to North America’s legendary Missouri River!  Now offered at a great new price on one  .61 acre lot.   This timeless Montana log home features hand-carved details, custom cabinetry, and artisan finishes. This is the epitome of the world-renowned Craig to Cascade trophy trout fishing.  End of the road property with security gate.  
Details:
Owned by the original family since Cooper Estates was established. 
The River:
 This property sits squarely within the world-renowned Craig-to-Cascade trophy trout corridor, rated among the top blue-ribbon fisheries in North America. 
The Setting:
Positioned at the end of a quiet, gated lane in Cooper Estates delivers unmatched privacy, maximum river exposure, and the simple luxury of having no neighbors to one side. 
The Home:
Step inside. The story is hand-written in wood. Built by the original family with the patience and precision of a true artisan, this handcrafted log home reflects a standard of construction that simply cannot be replicated today. 
Hand-hewn logs , carved doors and custom cabinetry speak to a builder who understood that a home worth building is worth building beautifully. 
The Outdoors:
Three-car garage with space for river toys, tying ties and storage. Exceptional floating, wildlife viewing, upland bird hunting, and access to hiking terrain that few properties in this price range can match. 

The Legacy:
A home built with purpose, set on water that has defined a region, in a landscape that has no equal.

Home is also listed with two lot option MLS411239
#415014

Cascade

68 River Drive

3 Beds

2 Baths

N/A

$900,000

MLS#: 415014

This 11.48± acre parcel offers access to Haypress Lakes and Axolotl Lakes, just minutes from Varney Bridge and the famous Madison River. With plenty of recreational opportunities, bring your ATVs, or horses and enjoy your very own Montana playground. Only 15 minutes from the quaint western town of Ennis, this spacious property provides endless building possibilities—perfect for crafting your ideal Montana retreat. Whether you envision a cozy cabin or a custom ranch home, this land offers the privacy and natural beauty that define Big Sky Country. Don’t miss your chance to own a true slice of Montana paradise. This parcel is partially fenced and agent owned.
#400747

Ennis

Lot 167A Deerfoot

None Beds

None Baths

11.48 acres

$259,000

MLS#: 400747

Welcome to this beautifully maintained home in the highly sought-after Pioneer Crossing subdivision in the charming community of Manhattan, Montana. Thoughtfully designed with both comfort and functionality in mind, this spacious residence features an open-concept floor plan, vaulted ceilings, that is perfect for everyday living and entertaining.
The main level offers four generously sized bedrooms and a well-appointed kitchen complete with a large center island, abundant cabinetry, providing vast storage. Upstairs, you'll find a versatile bonus room that can easily serve as a media room, home office, fitness area, playroom, or an additional living space, along with a fifth bedroom to accommodate family or guests. 

The oversized three-car garage provides ample room for vehicles, recreational equipment, and extensive shelving or workshop space. Outside, the meticulously landscaped yard creates a private retreat featuring a custom concrete patio with a built-in fire pit, ideal for relaxing or entertaining. The backyard is the perfect setting to unwind while enjoying peaceful Montana evenings. Additional features include central air conditioning, an efficient HVAC system, and a water softener for year-round comfort and convenience. The inviting covered front porch is the perfect place to take in breathtaking Montana sunsets.

Pioneer Crossing is a welcoming, family-friendly neighborhood offering beautifully maintained parks, playgrounds, and paved walking trails, all while being just minutes from local schools, shopping, the weekly farmers market, and community amenities.
Don't miss this opportunity to own a remarkable home in one of Gallatin Valley's  most desirable neighborhoods. Schedule your private showing today.
#413824

Manhattan

176 Travelers

5 Beds

2 Baths

2,727 Sq.Ft.

$950,000

MLS#: 413824

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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