montana real estate

Choteau Mountain Ranch, Estate of the Day

Filed under: Estates

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

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Tammany Castle, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's estate is a bit of a fascinating one in Montana that links back to the earlier history of this Western state. It was created by copper king Marcus Daly to celebrate the successful run of his prize thoroughbred, Tammany, against Lamplighter in the 1893 Stakes race. Daly had vowed that he would build Tammany a castle should he win against Lamplighter and so he did. Tammany retired to an elegant stall where rumor has it fresh flowers were delivered daily.

Now fit for people as well, the home in Hamilton, Montana is located on 12 acres. The home has four bedrooms, a large conservatory/living area, library and a modern home kitchen. It was converted to a modern residence in 2008 and no detail has been spared in preserving the original 5400 square-foot structure and its materials. The home enjoys a bluff-top location with Bitterroot Valley views and has fully restored historic gardens. It is listed at $2.95 million with Hall & Hall.

Gallery: Tammany Castle

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Flint Creek Range Retreat, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's Montana estate is a CEO retreat. It is owned by Allan Boeckmann, the CEO of Fluor. The home near Maxville, Montana has over 159 acres and the property is larger than life with tens of thousands of acres of Forest Service land located directly outside the back door and a wide mountain vista out the front. The property has a main residence, a guest home, bunkhouses, shop and barn, all made of logs. The video above gives a feel of the scope of the property. Listing images show classic log walls, stone fireplaces and stone floors. This home is listed at $3.2 million with Hall & Hall.

Gallery: Flint Creek Range Retreat

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Cherry Creek Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

The Cherry Creek Ranch near Melrose, Montana offers an enviable bit of privacy. The ranch is just under 100 acres completely surrounded by three million acres of the Beaverhead National Forest. It's a total retreat, no other buildings or lights are within sight and yet the property features underground electricity and fiber-optic telephone plus broadband satellite internet connection. The ranch compound was created with materials from old cabins and recycled wood to create a compound including cabins for the owner, guests, caretaker, sauna and a barn. The town is seven miles miles away and commercial air service is under one hour. The cabins overlook a trout pond and elk, deer, antelope, grouse and partridge roam the property and adjacent forests. This little piece of paradise is listed for $2.195 million and is listed with Hall and Hall.

Gallery: Cherry Creek Ranch

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Whitefish Mountain, Estate of the Day

by Laura Malesich (RSS feed) —

Filed under: Estates

Nestled in Whitefish Mountain Resort's 3,000 acres of slopes is this fully furnished, 14,958 square foot home sitting on 1.34 acres of ski-in/ski-out mountain access. Featuring seven bedrooms, ten bathrooms, three fireplaces, outdoor hot tub, humidity controlled ski locker room, movie theater, and handicap accessible elevator, this multi-level residence can entertain a crowd. The spacious gathering spaces in the kitchen and living rooms along with the extensive outdoor decks bring guests together amid stone elements, hand-hewn wood beams, pine furniture, and a truly cozy atmosphere.

Placed slopeside in the Northern Lights neighborhood adjacent to Chair 3 Tenderfoot Lift, this $20 million property overlooks Whitefish Mountain, Badrock Canyon, Great Bear Wilderness and even views of Glacier National Park. Lake Whitefish also offers year-round activities for sportsmen and families alike. Calgary International is the closest major airport but the house can also be accessed by the nearby Amtrak station or local airport.

Gallery: Whitefish Estate

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Trapper Peak Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Another of Montana's beautiful huge ranches has hit the market. Trapper Peak ranch is named for the Trapper Peak mountain which is visible from this 785-acre spread. The ranch belongs to Douglass Smith and Sandra Lloyd, venture capitalists and arts supporters from San Francisco. The property has a new main log lodge that has over 6,000 square feet of space, an updated guest house, luxury bunkhouse, caretaker home, two barns, a shop, swimming pool and other outbuildings. The massive log home has stone fireplaces, an antler chandelier and lots of rustic furniture. Plenty of wildlife including an elk and deer herd and wild turkeys roam the property. There is also a fish pond. This property is listed at $14.95 million with Hall & Hall.

Gallery: Trapper Peak Ranch

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Six Top Luxury Ranches For Sale

by Ann Brenoff (RSS feed) —

Filed under: Estates

Is this the time to indulge your hankering' and buy yourself a not-so-modest spread in Wyoming, Montana, or Colorado? After all, just three months ago, Texas billionaire Kelcy Warren picked up the Boot Jack Ranch in southwest Colorado for a mere $46.5 million; the ranch was originally listed two years before at $88 million. At the time, it was the highest price residential sale in the country for 2010 -- a short-lived record surpassed by a Bel-Air home a few weeks later.

But if a guy like Warren can get half off the price of a ranch with of 3,000 pristine wilderness acres, 6 lakes and 7 miles of world-class fly fishing on the West Fork of the San Juan River -- not to mention the 14,000-square-foot home -- might now not be the time for the rest of us to get in touch with our inner cowboy?

Lest you think Warren got the only real deal out there: A Bozeman-area ranch, once listed at $39 million, just closed escrow at $11.5 million. Another ranch in southwest Montana, which at its peak listed for $60 million, just sold for below $30 million. In southern Colorado, a ranch that once sported a price tag of $100 million, has a new owner who paid about $46 million for it.

But before you jump in the saddle, you might want to hold your horses, literally. There's more than meets the eye about what constitutes value in ranch land and it's not just acreage alone.

(First, let's eliminate those ranches that Luxist readers likely wouldn't consider: The ones that are in the middle of nowhere, have no pretty views, and their value is based on things like the dependability of the precipitation, the strength of the grass and the quality of livestock water. i think we can safely eliminate most of Western Nebraska and Eastern Montana, maybe even Eastern Colorado.)

What features drive up the price of a luxury ranch? Oddly enough, it's privacy.

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Scullers Way, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Beautiful Whitefish Lake in Whitefish, Montana is our destination for today's estate of the day. On July 12, Concierge Auctions will host a live, on-site auction of 100 Scullers Way, a 3.5-acre estate with over 400 feet of frontage on Whitefish Lake. The sale is being conducted in cooperation with Glacier Sotheby's International Realty.

Property with lake frontage sells at a premium in the area. Whitefish Lake offers prime recreation in some of the prettiest unspoiled land around. This property has a 3,360-square-foot main residence, guest house, and oversized four-car garage. It has a log-cabin exterior and there are three bedrooms, a stone fireplace, and a wraparound outdoor deck. The lower level has a large open game room with a pool table, study and dry sauna. The two-story guest house is a smaller version of the main house and has a downstairs bunk room for entertaining large groups. The property includes a floating dock on the lake that can hold a boat up to 24 feet.

This property was originally offered for $11.5 million but will sell to the highest bidder above $3 million. More details at WhitefishLuxuryAuction.com.

Gallery: Scullers Way

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Spring Creek Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

The latest offering from Concierge Auctions takes us to Bitterroot Valley, Montana for the luxury real estate auction of the Spring Creek Ranch on July 7. The sale is being conducted in cooperation with Prudential Montana Real Estate. This expansive property offers 181 acres of room to roam with 1.5 miles of Bitterroot River frontage and multiple stocked ponds for fishing. The property includes two guest houses, equestrian facilities and the nine-bedroom main residence.

The main living area in the house is dominated by a massive 400-ton stone hearth fireplace that forms the heart of the home. The use of stone and rough timbers give this luxury residence a rustic appeal and huge windows show off natural vistas. The larger of the two guest residences, Fish Camp, is a two-bedroom house adjacent to the Bitterroot River with a hot tub and authentic wood stove. The other residence acts as the estate gate house at the second entrance to the property. At the main house there is a chandeliered dining pavilion with wood burning pizza oven and grill and a built-in fire pit with amphitheater-style seating.

This home was originally listed for $13 million. The auction has a published reserve of $4.5 million and a pre-sale estimate of $6 to $8 million.

Gallery: Spring Creek Ranch

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Swan Lake, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

You'll have to move fast if you want today's home, it's headed for auction next week. The 7,574 square foot log cabin in Swan Lake, Montana was once valued at $2.65 million but will be auctioned online by Real Estate Disposition LLC on its website, Auction.com, on May 3.

The four-bedroom home overlooks Swan Lake and has a private gravel beach. The expansive property has an open floor plan and balconies and decks open out onto the vista of mountains and water. There are rock fireplaces, a billiards room, theatre, wine room and home office. The starting bid is $599,000.

Gallery: Swan Lake

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Rocking Horse Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Today's home is a Montana retreat on 280 acres that includes not just the usual horse trails and barns but much more. The Rocking Horse Ranch is a private resort with five cottage style homes that total 9,240 sq ft together. The ranch has beautiful views of the Glacier National Park mountains and recreation opportunities abound. There are several fire-pits, bocce ball court, a swimming pool with cabanas and a spa area, waterfalls, five exterior bars, dance floor, many outdoor BBQ areas and an outside kitchen. The estate also has ponds, a driving range, private vineyard and more. Mooring Creek flows through the property so that it can be used as a bison or horse ranch or an elk farm. Rocking Horse Ranch is listed at $12.489 million.

Gallery: Rocking Horse Ranch

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Kootenai Springs Ranch, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Another huge ranch in Montana has hit the market. Hall and Hall has the listing for the Kootenai Springs Ranch in Stevensville, Montana. This ranch is located in western Montana south of Missoula and has around 1,186 acres, almost 800 of which are deeded. A meandering mile of the Bitterroot River forms the eastern boundary of the property. The large home is handsomely done in wood, stone and glass with views of the surrounding mountain range. The style is Western but with a modern edge that will appeal to those with a more contemporary style. The land has plenty of spring water which has created fishable creeks and ponds. The ranch is licensed shooting preserve and is considered a top sporting property in western Montana. It is listed at $14.5 million.

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Gallery: Kootenai Springs

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Sleeping Child Hot Springs, Estate of the Day

by Deidre Woollard (RSS feed) —

Luxury retreats in scenic and remote areas always seem like the lair of a reclusive evil genius. The Sleeping Child Hot Springs is the perfect place to hatch your secret plans to take over the world. This expansive 40-acre estate is surrounded by Bitterroot National Forest on all sides with private gated access. The incredible five-level home has 25,000 square feet of space including 12 bedrooms, three kitchens, a game room, media room and a massive solarium. The home also has a pool and two hot tubs which are heated by the natural hot springs.

For your minions there are four additional condo units and caretaker's quarters. Geothermal heating from the natural artesian hot springs heats the entire compound and there is a heliport with a heated pad as well as a 1600-square-foot hanger and a seven-car garage. There is an electronically-controlled entrance gate to keep out the riff-raff. It is listed for $18 million. After the jump, five layers of stone everywhere.

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Big Sky Montana, Estate of the Day

by Deidre Woollard (RSS feed) —

Filed under: Estates

Imagine your own private hideaway in Big Sky Montana. This camp has plenty of space for a large family or group of friends. There are 16 bedrooms total in the main lodge, three river cabins and two cliff cabins over 19 acres. The retreat sits on the Gallatin River. The property has plenty of space for exploring nature. It's definitely a bit rustic but if you are a nature lover you could not ask for a more perfect setting. It is listed at $6.3 million.

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