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MLS Number 404797

• Farm
• Acreage 2725.16

Located on the north shore of Ennis Lake in McAllister, Montana, this legacy property presents a rare opportunity to acquire just over 2,700+/- acres in one of Montana's most desirable valleys. The offering combines lake frontage, agricultural production, equestrian infrastructure, conservation or development potential, and a fully operational commercial component. Showing by appointment only. A working ranch with residential, livestock, and infrastructure elements in place, Lost Heart Ranch anchors the entire offering. It is subdivided into 45 legal parcels, making if a great candidate for a conservation easement, possible development, and generational use. Includes 2,500± SF 4BD/3BA main residence (1994), 2,400± SF equipment shop with attached 2BD/1BA residence (2004), 3,100± SF livestock barn, and 1400± feet of lake frontage. A rare, turnkey 23.18 acre equestrian facility located on the lake, this component of the offering includes a 6,344+/- SF luxury home with a pool, lake frontage, and full horse infrastructure. The commercial asset of this property, Lake Shore Lodge offers a strong base for hospitality, storage, and lakefront access with expansion potential. Features 42 full-service RV sites (50 amp), office/store and bathhouse with laundry, 3 dry cabins and 3 additional 4 season rental cabins, room for employee housing, marina with 10 docks and seawall. 2 drain fields and 7 holding tanks with room for expansion. Excellent potential for income generation or private estate repurposing. With panoramic views in every direction-Lone Peak to the east, the Centennial Mountains to the south, and the rugged Tobacco Root Mountains to the west-the property features diverse topography including productive pasture, riparian corridors, and juniper-covered hillsides. Comprising three primary components-Lost Heart Ranch, Lake Shore Equestrian Estate, and Lake Shore Lodge-this property supports year-round ranching, recreation, and income generation, all just minutes from Ennis and under an hour to Bozeman.

Listed by Chris Murphy of Benchmark Real Estate Brokers, Dawn Myrvik of PureWest Real Estate Ennis

MLS Number 401887

• Land
• Acreage 241

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

Listed by Jill Pike of PureWest Real Estate Bozeman, Shawn Moran of Montana Real Estate Group

MLS Number 397891

• Land
• Acreage 1597.92

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

Listed by Jeff Eshbaugh of Altitude Real Estate,LLC, James Esperti of Fay Ranches

MLS Number 397752

• Farm
• Acreage 1597.92

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

Listed by Jeff Eshbaugh of Altitude Real Estate,LLC, James Esperti of Fay Ranches

MLS Number 415245

• Residential
• Bedrooms 4
• Bathroom 3
• Square Feet 3,467
• Acreage 281.68

Yonder Ridge Ranch is 282± acres of secluded Gallatin Valley ranchland, just 12 miles from Bozeman. Offered for the first time in more than 50 years, it's one of the largest unencumbered holdings, free of covenants, deed restrictions, zoning, and conservation easements, to reach the tightly held Bozeman market. The ranch combines irrigated hay ground, open pasture, and timbered creek bottoms, with strong water rights and views of the Spanish Peaks, Gallatin Range, and Bridger Range. It's also great wildlife country with elk, mule deer, whitetail, and upland birds, including a winter and spring herd of several hundred elk that graze the ranch. Land like this doesn't come along often, and for the family that's held it for half a century, it's been more than just ground to run cattle on. A well-built home and outbuildings anchor the property, sheltered on three sides by Yonder Ridge, Harry's Hill, and a raised bench above the Cottonwood Creek bottoms. The ranch sits twenty minutes from Bozeman Yellowstone International Airport and thirty minutes from Big Sky, and suits a working agricultural operation, a private retreat, or an equestrian estate. For the right buyer, it's a chance to put down the same kind of roots. 282± acres in Bozeman, Montana, with dramatic views of the Spanish Peaks, Gallatin Range, and Bridger Range. 140 cropped acres, 140 irrigated and historically farmed in alfalfa, grain, and grass, plus 142± acres of pasture supporting 42 cow/calf pairs or 252 AUMs across a 6-month grazing season. Five recorded water rights including a ¾ share in the West Gallatin Canal Company, with priority dates ranging from 1867 to 1909. Wortman Creek, Trail Creek, and Yonder Creek wind through the property; the West Gallatin Canal forms the northwest boundary, with ditches delivering water throughout. Improvements include a 3,467± square-foot, 4-bedroom, 2.5-bathroom home extensively renovated and expanded in 2012, a 595 square-foot detached two-car garage, and a 1,237± square-foot heated shop and shed. Significant wildlife, including a large winter and spring elk herd, plus mule deer, whitetail, grouse, waterfowl, cranes, and eagles. No conservation easement, deed restrictions, covenants or zoning; just 5 minutes to Gallatin Gateway, 15 minutes to Bozeman, 20 minutes to the airport, and 30 minutes to Big Sky.

Listed by Jim Toth and Timothy Peterson of Western Ranch Brokers LLC