PRICE DROP - FLEXIBLE LIVING & HIGH-INCOME POTENTIAL ON 10+ ACRES!
This unique 10.03-acre property near the Madison River in Three Forks offers the best of both worlds: versatile living options and strong investment potential"”all just a scenic drive from Bozeman. The 2,000 sq. ft. main home features 4 beds, 2 baths, a cozy wood-burning fireplace, dual decks, and a loft"”ideal for owner occupancy, long-term rental, or vacation guests. Wildlife sightings are a regular delight, with deer and elk often passing through. A second 1,500 sq. ft. mobile home includes 3 beds, 2 baths, and a dedicated office space"”perfect for a second rental unit, guest housing, or multigenerational living.
Both homes are approved for short-term and long-term rentals, allowing you to generate income immediately or adapt your rental strategy to seasonal demand. Live in one and rent the other"”or lease both for maximum return. Also included is a 1,000 sq. ft. heated workshop with a wood-burning furnace and an air compressor"”a great opportunity to add value with a business component or workshop lease.
With close access to world-class fly fishing, hunting, and year-round recreation, this property blends sought-after Montana living with reliable revenue opportunities"”now offered at a reduced price!
DAYS ON MARKET
|
186
|
LAST UPDATED
|
5/2/2025
|
TRACT
|
None
|
YEAR BUILT
|
1989
|
COMMUNITY
|
Greater Three Forks
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Gallatin
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
Prior to May 2, '25
|
$1,200,000
|
May 2, '25 - Today |
$995,000 |
AIR |
Ceiling Fan(s), Varies by Unit |
AIR CONDITIONING |
Yes |
AREA |
Greater Three Forks |
GARAGE |
Yes |
HEAT |
Baseboard, Electric |
LOT |
10.03 acre(s) |
PARKING |
Detached, Garage |
SEWER |
Septic Tank |
STORIES |
2 |
SUBDIVISION |
None |
TAXES |
3810 |
UTILITIES |
Electricity Connected, Water Available |
WATER |
Well |
ZONING |
N – Neighborhood Residential |
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Listing provided by Amy Plocek, REAL Broker
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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