Alder Homes under $1.5 million

Welcome to Alder, Montana—a hidden gem nestled in the heart of Madison County. This charming town, steeped in rich history and surrounded by breathtaking natural beauty, offers a unique blend of small-town charm and outdoor adventure. Whether you're seeking a tranquil retreat or a vibrant community, Alder has something for everyone.

Alder is known for its picturesque landscapes, with the majestic Ruby Mountains providing a stunning backdrop. The area is a paradise for outdoor enthusiasts, offering a plethora of recreational activities such as fishing, hiking, and wildlife viewing. The nearby Ruby River is famed for its pristine waters and abundant trout, making it a favorite spot for anglers and nature lovers alike.

The real estate market in Alder is thriving, with an impressive selection of homes available for under $1.5 million. From cozy single-family residences to spacious properties with sprawling yards, Alder offers a variety of options to suit different lifestyles and preferences. Many homes feature stunning views, modern amenities, and easy access to the great outdoors, making them perfect for families, retirees, or anyone looking to embrace the serene Montana lifestyle.

In addition to its natural beauty, Alder boasts a strong sense of community, with friendly neighbors and local events that bring everyone together. Whether you're exploring the local shops, enjoying a meal at a nearby diner, or participating in community gatherings, you'll quickly feel at home in Alder.

Discover the charm of Alder, Montana—where your dream home awaits in a community that celebrates both nature and connection. Come experience the magic of this delightful town today!

Newest Alder Homes under $1.5 million

$1,425,000

3 Beds ⋅ 3 Baths ⋅ 415516 MLS

Montana Adventure Starts Here! With endless Outdoor opportunities in the Ruby Valley discover your own slice of Montana Mystique at 81 Cougar Ln. Set on 19.51 acres backing to public land, hunt, fish, hike, or just explore out your back door! This exceptional property offers breathtaking views of the Tobacco Root and Gravelly Mountain ranges. Close to the prized Blue-Ribbon fisheries of the Ruby Reservoir, Ruby and Beaverhead rivers as well as the Madison. Along with amazing fishing the residents of the valley share their space with an abundance of wildlife, Elk, Deer, upland game birds as well as waterfowl. Tucked into Ruby Mountain, the 3-bedroom, 3-bath, approximately 3,500 sq. ft. home features a spacious wraparound deck to take in the spectacular scenery and stay cozy with hydronic radiant heat for year-round comfort and newly installed backup propane powered generator to never miss a beat! This property offers outstanding opportunities for hunting, fishing, and exploring the surrounding public lands. If you’re looking for privacy, mountain views, and the authentic Montana lifestyle, this is a rare opportunity to make it your own!

81 Cougar Lane, Alder

Courtesy of Joe Depew with Windermere Great Divide-Bozeman.

$470,000

2 Beds ⋅ 1 Baths ⋅ 412819 MLS

New Listing July 1, 2026- A Great Get-away Home with an amazing view of the Ruby Reservoir just out Alder Montana. So many and diverse outdoor activities are so close to this property - Hunting for Garnets along the banks of Ruby Reservoir to riding your side-by-side to the nearby BLM and Forest Service. If you want to hunt big game this property is in just the right spot. Fly fishing the Ruby River, the first of 3 fishing accesses between this property and Alder, is just 1/2 mile from home, Water ski, jet ski, wind surf and lake fishing all available just out the front door. Winter activities include Ice Fishing and snow mobiling. This home has approx. 820+/- sf and 270+/- s.f of covered deck for outdoor living space with pretty amazing views. Each of the 2 bedrooms have currently bunk beds with the sofa pull-out bed in the living space for your guests. Seller will include most furnishings (no head mounts or personal possession) with a full price offer. With no covenants so no restriction on Short Term rentals for those want to use this property occasionally. A second home/cabim is already permited for a septic system and site pad is currently being created by owner. There is plenty of space, fenced in below the cabin with gravel to water hydrant and plenty of room for your kayak, canoes, side-by-sides or parking for large gatherings. Call for a showing or view this property. Updated video tour will be available soon!

747 Upper Ruby Road, Alder

Courtesy of Karen Talley with Clear Creek Realty.

$299,000

3 Beds ⋅ 2 Baths ⋅ 400240 MLS

Basecamp to Adventure in Alder, Montana! Nestled at the base of the breathtaking Ruby Mountains, this one-of-a-kind property offers an incredible opportunity to live, work, and play in one of Montana’s most sought-after recreational areas. Once home to the historic Alder Market, this corner property has been thoughtfully renovated into a unique residential space while maintaining its commercial potential. The updated building features 3 bedrooms and 2 bathrooms, blending modern comfort with Montana charm. Adding to its versatility, the property includes the Alder Post Office, generating a steady monthly rental income, as well as two RV sites with full hookups, perfect for guests, travelers, or additional revenue opportunities. Located just minutes from Ruby Reservoir and surrounded by thousands of acres of public land, this property is a gateway to some of the best outdoor recreation Montana has to offer. Whether you enjoy fly-fishing, big game hunting, hiking, mountain biking, boating, or camping, this area is an outdoor enthusiast’s dream. With easy access to world-class trout fishing on the Ruby River and endless trails for exploration, adventure is always just outside your door. With its prime location and flexible zoning, this property is ideal as a full-time residence, vacation rental, or commercial venture. Whether you're seeking a peaceful retreat, a thriving investment, or a launchpad for year-round adventures, this Ruby Valley gem is ready to make your vision a reality.

2325 MT Hwy 287, Alder

Courtesy of Lisa Roberts with Engel & Volkers - Ennis.

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