Choteau Mountain Ranch, Estate of the Day
Monte Burke over at Forbes recently wrote about the "white-hot" market for western ranches. A bunch of these large properties have sold recently. The article says that ranch insiders say the market is driven by investors looking for hard assets for their cash.
Should you be in such a situation, you might want to check out today's estate. The Choteau Mountain Ranch is an approximately 8,540 acre block of deeded and state land (5,060 deeded, 3,480 School Trust Lands) with an additional 2,000 acres of USFS and BLM permitted ground on the upper east-facing slopes and abutments.
The lands are situated with the Teton River passing through on the south, but primarily lie to the north of the river and are immediately adjacent to Lewis and Clark National Forest Lands that transition into the Bob Marshall Wilderness Area on what is known as the Front Range of the Rocky Mountains. The property includes an attractive main home, guest cabins, an indoor arena, a full shop, many miles of new fencing, and first-class livestock facilities. Choteau Mountain Ranch is either part- time or full-time home to virtually every one of Montana's big game species, from mountain goats and big horn sheep to elk, mule and whitetail deer, antelope, moose, black and grizzly bear, grey wolf and mountain lion. The ranch is located at the base of the mountains looking up to dramatic peaks that are snowcapped for a good portion of the year. Access to the ranch from the town of Choteau is a short 17-mile drive on paved roads. This property is listed at $10.995 million with Hall & Hall.
Gallery: Choteau Mountain Ranch