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$599,000
414560 MLS
Lots 71 & 72 in Sportsman’s Paradise II offer a combined 40.19± acres in the Reynolds Pass area of southwest Montana. Lot 71 consists of 20.10± acres and Lot 72 consists of 20.09± acres, providing plenty of room for a recreational retreat, seasonal residence, or private Montana getaway. Located approximately one mile from Highway 87, the property offers expansive views of the surrounding mountains and easy access to an area known for outstanding wildlife and outdoor recreation. National Forest lands and trailheads are nearby, providing access to the Henrys Lake Mountains for hiking, horseback riding, hunting, mountain biking, and snowmobiling. The Madison River, Cliff and Wade Lakes, Quake Lake, Hebgen Lake, and Henrys Lake are all nearby, offering exceptional fishing, boating, and recreation. Yellowstone National Park's West Entrance is approximately 30 miles away. Power and fiber optic are available along property east boundary. Access is seasonal, with winter access generally requiring snow equipment or snowmobile. Located between Ennis and West Yellowstone, these two adjoining 20± acre parcels offer privacy, mountain views, abundant wildlife, and convenient access to some of southwest Montana's best recreational opportunities.

71&72 Jensen Road, Cameron

$199,900
414625 MLS
Discover the beauty and freedom of Montana on 11.29 acres of varied terrain, scattered trees, and elevated views. Take in sweeping vistas of the Madison Mountains with a distant glimpse of Ennis Lake. Located in the heart of a recreational paradise, this property offers access to some of the area’s most sought-after lakes, rivers, fishing, hiking, hunting, and outdoor adventures. Fiber-optic internet adds modern convenience to this peaceful setting, making it an ideal location for a vacation getaway or Montana retreat. With its combination of privacy, views, usable terrain, and exceptional recreational access, this property offers a rare opportunity to create your own piece of paradise with extra elbow room bordering a large ranch.

Lot 137 Shining Mountains unit 1 (Deerfoot Trail), Ennis

$1,500,000
414345 MLS
An exceptionally rare .89-acre ski-in/ski-out homesite at Big Sky Resort, ideally positioned at the end of a cul-de-sac and immediately adjacent to the White Otter chairlift. This remarkable slopeside parcel offers the opportunity to create a custom mountain residence with direct access to Big Sky’s world-class skiing and year-round recreation just outside the door. Located in the desirable White Otter area of Mountain Village, the homesite combines nearly one acre of land, an end-of-road setting and extraordinary proximity to the ski trail and lift—an increasingly scarce combination at Big Sky Resort. Winter offers effortless access to the mountain, while summer brings hiking, biking and the amenities of Mountain Village nearby. The residence and .98-acre homesite may be acquired together for $5,900,000. The combined offering presents the rare opportunity to control two contiguous ski-in/ski-out properties immediately adjacent to a chairlift at Big Sky Resort, providing exceptional privacy, flexibility and long-term potential in a premier slopeside setting. For the rare opportunity to acquire the residence and adjacent homesite, both properties are listed together under MLS #413766. Buyer to independently verify building feasibility, ski access, utilities, and all applicable architectural, HOA, and governmental requirements.

Lot 41 White Otter Road, Big Sky

$220,000
414313 MLS
Set on 26.32 acres in the Sphinx Mountain neighborhood south of Ennis, this Madison Valley parcel offers a rare combination of open space, panoramic mountain views, and public land nearly at the property line. Over 200 acres of BLM ground begins just across the road and carries west to the banks of the Upper Madison River, with 2000+ acres of additional public land on both sides of the water. The land is open and undeveloped, giving you the freedom to build wherever the views suit you best, framed by the Tobacco Root Mountains, the Madison Range, and the Gravelly Range. Fiber optic service runs to the lot, and power is available nearby, so modern connectivity comes without giving up the quiet of the Madison Valley. Unlimited recreation surrounds the property, from world-class Blue Ribbon trout fishing on the Madison River to hunting, hiking, camping, boating, rafting, horseback riding, and winter snowmobiling. With easy access from Highway 287, this parcel is less than 15 minutes from Ennis, 90 minutes from Bozeman Yellowstone International Airport, and 60 minutes to the West Gate of Yellowstone National Park. Your freedom and gateway to adventure with wide-open skies, sweeping vistas, and room to build your Montana retreat!

Lot 85 Sphinx Mountain TBD Obsidian Trail, Cameron

$339,000
414155 MLS
Homesteaded in the 1800s by cattle rancher Sam Shelton, Sun West Ranch carries a living history along the Madison River, with some of the original homestead buildings still standing today. Developed in the 1970s by Ted and Heidi Gildred, the ranch is deliberately preserved: 80% remains common land, no development is permitted along the river, hunting is prohibited, and the community holds Undaunted Land Steward certification through Montana State University, the Bureau of Land Management, and the Montana Stockgrowers Association for its conservation work along the Lewis and Clark Trail. The payoff is one of Montana's true wildlife corridors — 3,000 to 4,000 elk migrate through each winter, alongside moose, deer, wolves, and mountain lions, while native cutthroat still rise on the Madison's three miles of river frontage. This 7.69-acre homesite sits within that legacy: flat, buildable, and bordered by BLM land, with true 360-degree views of the Madison Range, rolling meadows, and mountain sunrises, plus fiber and electricity already in the area. It suits the self-sufficient buyer who'd rather saddle their own horse or wade the river than check into a resort — 50 minutes to Yellowstone National Park, 30 to Ennis, and 90 to Bozeman Yellowstone International Airport, this is a rare chance to own land with real heritage and a real place in the Greater Yellowstone Ecosystem.

Lot 33A Elk Ridge Road, Cameron

$199,000
413695 MLS
Located in Sky View, one of Ennis' most desirable neighborhoods, this exceptional 1.25-acre Lot 32 offers the perfect setting to build your dream Montana home. The level homesite is construction-ready and showcases breathtaking panoramic views of the majestic Madison Range, including iconic Fan Mountain. Ideally situated just minutes from the Ennis Golf Course, downtown Ennis, the grocery store, and the community park, this property provides convenient access to everything that makes the Madison Valley such a special place to live. Enjoy miles of nearby hiking trails, world-class fly fishing on both the legendary Madison River and beautiful Ennis Lake, and endless outdoor recreation right at your doorstep. Sky View also features paved walking and biking trails that connect directly to downtown Ennis and the local K-12 school, creating a lifestyle that blends convenience, recreation, and stunning natural beauty. Whether you're looking for a full-time residence or a Montana retreat, this premier homesite offers an outstanding opportunity in one of the valley's most coveted communities. Sky View truly has it all!

TBD Lot 32 Sky View Drive, Ennis

$2,000,000
413407 MLS
Rare end-lot opportunity in one of Big Sky’s most coveted settings. This 1.59-acre homesite delivers unobstructed, sweeping views of iconic Lone Peak and the rugged Spanish Peaks — a backdrop that changes with the light every hour of the day. As an end lot, you’ll enjoy added privacy and space compared to neighboring parcels. Ideally positioned just minutes from Mountain Village, this property offers effortless access to the biggest skiing in America at Big Sky Resort. World-class dining and hospitality are equally close at hand, including the exclusive One&Only Moonlight Basin (home to Akira Back), The Landing at the Sky Lodge, and Wildwood in the Hotel. You are also close to Town Center for Wednesday's farmers market and Thursday's music in the mountains. As well as all restaurants in Town Center. Whether you’re building a mountain retreat or a full-time residence, this lot combines privacy, prime views, and unbeatable proximity to everything that makes Big Sky a premier four-season destination.

109A Beehive Basin Road Lot 109A, Big Sky

$1,550,000
413602 MLS
Discover one of the last opportunities to build a true ski-in/ski-out mountain retreat in the heart of Big Sky's Mountain Village, in the highly desirable Cascade neighborhood. This exceptional 1.091-acre homesite offers amazing ski-ski-out access, with a ski run bordering the back of the property, providing seamless access to Big Sky's world-class terrain in the winter and endless outdoor recreation throughout the summer. This is one of only a handful of properties in Cascade that offers direct ski-in/ski-out access to the main neighborhood ski trail that runs under the chairlift. Perfectly positioned at the end of a quiet cul-de-sac, the property enjoys outstanding privacy while being bordered by open space and enhanced by a seasonal brook meandering along the lower boundary. Expansive views of Lone Mountain create a spectacular backdrop in every season. With both neighboring homes already completed, you can confidently design your dream home knowing the surrounding improvements are established. This rare homesite offers the perfect canvas to design a custom mountain home that reflects your vision and lifestyle, where breathtaking scenery, exceptional privacy, and premier ski access come together in one of Big Sky's most sought-after locations. Experience the very best of mountain living from this remarkable property, just minutes from Big Sky's renowned skiing, hiking, mountain biking, dining, and year-round amenities.

40 Swift Bear Lot 252, Big Sky

$225,000
413503 MLS
JEFFERSON RIVER RANCHES- Discover the perfect setting for your Montana dream home on this stunning 7.172 acre homesite offering expansive 360-degree views and desirable southern exposure. Located in the sought after Jefferson River Ranches subdivision, located on the outskirts of Whitehall, this property combines peaceful country living with exceptional recreational opportunities. Minimal covenants allow horses and owners enjoy private access to the subdivision's community common area featuring approximately 1,000 feet of Jefferson River frontage. Spend your days floating or rafting from Parrot Castle Fishing access to Kountz Bridge, just minutes away, or explore nearby hiking trails while taking in the breathtaking Tobacco Root Mountain views. Covenants allow a single family residence and guest home giving you the flexibility to create the Montana Lifestyle you have been dreaming of. Enjoy Montana's beauty while remaining within convenient reach of nearby communities. Neighboring lot also for sale-making for a total of 14.68 acres if purchased together.

TBD N Lewis And Clark Trail, Whitehall

$1,075,000
412848 MLS
Experience the privacy and recreation that define Montana living on this exceptional 20 acre parcel in Sportsman's Paradise. Bordering U.S. Forest Service land, the property provides walk-in access to the Madison River, where this stretch is designated for wade fishing only, creating a peaceful setting without drift boat or raft traffic. Sheep Creek flows through a portion of the property seasonally, enhancing the landscape and attracting abundant wildlife. A driveway and culvert crossing have already been installed, along with power, a high producing 53 GPM well, and septic approval, giving you an outstanding head start on building your Montana retreat. While neighboring homes are nearby, the surrounding public land and natural setting provide an exceptional sense of privacy. Outdoor recreation is at your doorstep with Sheep Creek and Mile Creek trailheads nearby, along with Hebgen Lake, Quake Lake, Cliff Lake, Wade Lake, Henrys Lake, and thousands of acres of surrounding public land. Whether your passion is fly fishing, hiking, horseback riding, hunting, snowmobiling, or simply enjoying wide open spaces, this location places you in the heart of it all. Big Sky, West Yellowstone, Yellowstone National Park, Island Park, and Ennis are all within approximately an hour. Opportunities to own acreage with power installed, a 53 GPM well, septic approval, Sheep Creek, and walk-in Madison River access through adjoining U.S. Forest Service land are few and far between. Come experience the quiet beauty and unmatched recreational lifestyle this property has to offer.

36 Torry Road, Cameron

$15,000,000
411926 MLS
Three Peaks Ranch presents one of the rarest ownership opportunities within Moonlight Basin. Spanning approximately 180 acres, this 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. Surrounded by protected open space and abundant wildlife, the ranch offers a sense of seclusion while remaining minutes from world-class amenities. What distinguishes Three Peaks Ranch is its unique relationship to One&Only Moonlight Basin. Owners enjoy access to 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. 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.

TBD Roosevelt Road, Big Sky

$3,400,000
412780 MLS
Diamond Rock Ranch is a rare opportunity to own three contiguous parcels totaling 14.4± acres, including two Ennis lake front parcels and a third parcel with access to Ennis Lake in the heart of the Madison Valley. One of the lakefront parcels includes a wooded homesite overlooking the lake, offering privacy and views of the Madison Range, Tobacco Root Mountains, and surrounding valley. Together, this property provides nearly 900 feet of Ennis Lake frontage. A private marina with a boat launch and three boat slips serves all three parcels, providing excellent access to the lake. Each parcel has its own private well, and an engineered septic system has been approved for all three parcels (not yet installed), providing added value and flexibility for future development. Whether you're looking to create a private retreat, family compound, or hold the property as a long-term investment, Diamond Rock Ranch offers a unique combination of lake frontage, existing infrastructure, and three separately deeded parcels just minutes from Ennis and less than an hour from Bozeman.

348 Ennis Lake Rd, Ennis

$3,975,000
412474 MLS
Elkridge Lot 30 presents one of the finest View, Ski, Golf & Location opportunities within Spanish Peaks Mountain Club to create a truly exceptional mountain estate. Encompassing approximately one acre, this premier homesite is ideally positioned at the end of a quiet cul-de-sac, offering privacy, tranquility, and breathtaking, unobstructed views stretching into Yellowstone National Park. Fronting Open Space next to the Tom Weiskopf Signature Golf Course with true ski-in/ski-out access, the property also enjoys direct connections to the community’s hiking and Nordic trail system and is just a short stroll from the Clubhouse and pickleball courts. INCLUDED with the property are CENTRE SKY architecturally approved plans for an extraordinary seven-bedroom legacy residence encompassing approximately 8,000 square feet of net living area (nearly 10,000 square feet gross). Thoughtfully designed for luxurious mountain living and entertaining, the plans allow a future owner to begin construction without the time and expense of the architectural approval process. Whether spending winter mornings skiing directly from your door, summer afternoons on the fairways, or evenings entertaining beneath Montana’s endless skies with panoramic views into Yellowstone National Park, Elkridge Lot 30 offers an unrivaled four-season lifestyle. Residents enjoy immediate access to championship golf, world-class skiing, miles of private trails, wellness amenities, exceptional dining, and preferred access to the Montage Big Sky. A SIGNATURE Golf Membership to Spanish Peaks Mountain Club is available, offering access to one of North America’s most distinguished private mountain club experiences. A homesite of this caliber—combining an end-of-cul-de-sac setting, unobstructed views into Yellowstone National Park, golf course frontage, true ski-in/ski-out convenience, walkability to the Club’s premier amenities, and approved plans for a landmark mountain residence—is an increasingly rare offering within one of the Rocky Mountains’ most prestigious private communities.

Lot 30 Eagle View Trail Elkridge Lot 30, Big Sky

$347,000
412705 MLS
5.961-acres located on the east side of the Ennis - Big Sky Airport (FAA LID: EKS) with direct taxiway access onto the 7400' runway. The airport is located 6 miles south of Ennis MT and 30 miles to Big Sky via the private Jack Creek Road. The airport is part of the National Plan of Integrated Airport Systems and categorized as a general aviation airport. The Covenants for Shining Mountains Airpark categorize Lot 20-B2 as "Airport Commercial" which permit a hanger and / or residential or commercial use. The property offers outstanding views of the surrounding mountains and non-public access to the Lee Metcalf Wilderness area and National Forest Lands. The area is home to world class fishing, hunting, hiking, and winter recreation. Power and fiberoptic communications are to the lot. An unimproved grass / gravel taxiway is in place perfect for a tail dragger. Runway access is possible through the fence if the new owner chooses to install a gate and necessary turf or asphalt taxiway improvements per county and FAA regulations. The current airport through the gate access agreement restricts aviation activities to non-commercial aviation use.

42 E Hawker, Ennis

$169,000
409710 MLS
Location - Location - Location......and it's hard to beat this one! Moores Creek and Madison Mountain Views on this 0.52 acre parcel located in upper Ennis. Electricity, city water and sewer are all available making this a great location to build your new home. Beaverhead Estates has light covenants that will protect your investment. The home next door to the south is also for sale and both would make a great package deal. Only minutes from downtown Ennis, Ennis schools, Madison Meadows Golf Course, and the post office. Bring your rod and enjoy trout fishing. In Montana you don't just buy a property you purchase a lifestyle. Buy land - they are not making any more of it! Considering an already built home - check out the adjoining listing - #409706.

TBD Moores Creek Court Lot 1A of Beaverhead Estates, Ennis

$7,650,000
412075 MLS
Within the gated Ulerys Lakes neighborhood of Moonlight Basin, 20 acres of pristine alpine land rises through the trees. The groundwork of building has been laid with care, an approach winding to an elevated pad positioned for Lone Peak and Fan Mountain. Power is to the building site and the geotechnical report is complete. Years of measured tree clearing have opened a park-like setting to light and view while keeping the privacy of the forest intact. At this scale, there is room for both a primary home and a guest residence. Behind the homesite the land climbs, and backcountry skiing begins at the property line. Beyond it, the Beehive Basin trail and the Lee Metcalf Wilderness of the Spanish Peaks open into Gallatin National Forest, with miles of skiing, hiking, and quiet. Ownership in Ulerys Lakes carries private access to the community lake and trail system, uncommon in Big Sky, Montana. Below the homesite, One&Only Moonlight Basin sits within the neighborhood, its spa and restaurants just minutes away. Jack Creek Road runs west from Moonlight toward the Madison Valley and the Madison River, a quiet route into ranch country and blue-ribbon water. Just down the hill, the growing town center of Big Sky brings shops, dining, and year-round life within easy reach, a community still taking shape. Moonlight Club membership is available to pursue with ownership, an invitation to golf, dining, heated pools, fitness, Nordic trails, even more trails, kids programming, and the full rhythm of the mountain through every season. This is acreage for a buyer who wants space, privacy, and a genuine alpine overlook close to everything Big Sky and Moonlight Basin.

124 Ulerys Lakes Road Ulerys Lakes Parcel 18, Big Sky

$8,750,000
412381 MLS
Fifteen acres of coveted land, Lone Mountain, the Madison Range and the Spanish Peaks filling the horizon with clear, unobstructed views in every direction. This is Strawberry Ridge, in a gated community within Moonlight Basin and minutes from One&Only Moonlight Basin, high above Big Sky, Montana, where homesites of this scale, seclusion and views rarely come to market. The terrain invites a home set into the land, not imposed upon it. Across the 15-acre parcel, mature evergreens frame natural building envelopes, where two structures can be built, and open to the full range of peaks, with morning light over the valley and alpenglow on the summits at day's end. Lone Peak rises close at hand, near enough to orient a home around. Parcel 2 carries the room to build on your own terms, in a setting that asks for restraint rather than rivalry with the view. Seclusion here does not mean isolation. One&Only Moonlight Basin and the Madison Base area are five minutes away, with Big Sky Town Center, Montage Big Sky, and the Gallatin River fifteen to twenty minutes down the mountain. The historic Main Street of Bozeman, Bozeman Yellowstone International Airport, and Yellowstone National Park are each about an hour's drive, and the Madison River and the private runways of the Ennis airport sit under an hour away via the exclusive Jack Creek Road. Blue ribbon trout fishing, coveted dining and amenities, storied mountain towns, and open skies, all within easy reach of this rare offering. Ownership at Strawberry Ridge carries the option to acquire a membership to Moonlight Basin, a separate distinction that opens the full life of the community. Members can gain access to private ski lockers and additional direct ski access options to Big Sky Resort, along with golf at The Reserve, the Jack Nicklaus course at the heart of the club, with a second eighteen-hole course in design. Membership extends to potential reciprocity with Spanish Peaks Mountain Club, miles of hiking, biking, and nordic trails, and a full calendar of gatherings that carries through every season. Land like this is seldom bought to be sold again. It is held, shaped over seasons, and passed forward, the kind of place a family keeps for generations. Now is the opportunity to begin a legacy of your own.

Moonlight Basin Strawberry Ridge, Parcel 2, Big Sky

$238,900
412342 MLS
Lot 1 — Lonesome Dove Ranch | 20.28 Acres | Cameron, MT | $238,900 Discover your own piece of the Madison Valley on this beautiful 20.28-acre parcel nestled within the desirable Lonesome Dove Ranch community just outside Cameron, Montana. Close to the Madison River with sweeping mountain views stretching across the horizon and utilities already nearby, this lot is ready for you to bring your vision to life, whether that's a full-time residence, a weekend cabin, or the Montana retreat you have always imagined. Access the property on S Olliffe Lane or Lonesome Dove Rd., this gently priced parcel offers a rare combination of accessibility and wide-open Montana scenery. This property has large parcels of ranch land adjacent to the south ensuring uninterrupted views and wide open space. Lonesome Dove Ranch has a walking easement to BLM land that accesses the Madison River and delivers open space, mountain views and the unmatched quality of life that the Madison Valley has to offer.

1 Lonesome Dove Ranch Section 27 S, Cameron

$6,900,000
412305 MLS
Available for the first time in nearly 40 years. Set along one of the upper Madison River's most scenic stretches, Madison River Ranch spans 228± acres with a half mile of private river frontage and a spring creek that originates on the property. The terrain is strikingly varied. From the river and spring creek, the property rises over 100 feet to elevated benches with panoramic views of the surrounding mountains. The higher elevations offer scale and unobstructed vistas, while the lower reaches form a rare, protected riparian oasis in a landscape more often defined by wide-open grasslands. The property sits within a documented elk migration corridor and supports abundant wildlife throughout the seasons. While much of the surrounding viewshed is protected by conservation easements or public lands, Madison River Ranch remains unencumbered, offering flexibility for the next owner while standing as a clear conservation candidate given its ecological significance.

TBD Madison River Ranch, Cameron

$295,000
411970 MLS
Enjoy a picturesque lifestyle with easy access to the national forest from a non-public access point that borders the Mustang Ranches. You are also within minutes of the Madison River and downtown Ennis. Best of all you can partake in endless recreational opportunities, such as hiking, hunting, horseback riding, fishing, and snowmobiling. If you have a passion for airplanes, the Ennis airport - Big Sky Airport (FAA LID: EKS) is just down the road. Some of the groundwork has been done for building your next home! Don't miss out on this rare opportunity! DO NOT GO TO PROPERTY WITHOUT PERMISSION. There is an easement to access this property. Some of the photos show the land to the forest service and the surrounding properties.

38 Elk Valley Road, Ennis

$259,000
412137 MLS
The perfect lot in the perfect location to make all of your dreams come true. Discover this exceptional opportunity with this irrigated lot, perfectly suited for agricultural endeavors or a sprawling private estate. This property boasts abundant resources, ensuring robust capabilities essential for homesteading, farming or landscaping. The fertile soil and ample space offer immense potential for various crops, livestock or development of your dream home. Imagine cultivating your own produce or creating your own sanctuary with plenty of room to grow. The lot is a blank canvas for all of your aspirations. Situated in a desirable location, this lot provides a harmonious blend of rural tranquility and convenient access to local amenities. This is a rare chance to acquire substantial, read-to-use acreage and live the Montana dream. Wheel line irrigation pipe to convey with property.

TBD Mill Street, Sheridan

$259,000
412136 MLS
The perfect lot in the perfect location to make all of your dreams come true. Discover this exceptional opportunity with this irrigated lot, perfectly suited for agricultural endeavors or a sprawling private estate. This property boasts abundant resources, ensuring robust capabilities essential for homesteading, farming or landscaping. The fertile soil and ample space offer immense potential for various crops, livestock or development of your dream home. Imagine cultivating your own produce or creating your own sanctuary with plenty of room to grow. The lot is a blank canvas for all of your aspirations. Situated in a desirable location, this lot provides a harmonious blend of rural tranquility and convenient access to local amenities. This is a rare chance to acquire substantial, read-to-use acreage and live the Montana dream. Hand irrigation line as well as an artesian well grace the property!

TBD Mill Street, Sheridan