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Lot/land
  • $3,750,000

    Penwell Bridge Rd, Belgrade, MT 59714

    --beds
    --baths
    150.15Acres
    Unimproved Land, Farm
    Built in ----
    150.15 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This 150 acre farm is a truly spectacular rural getaway, while still being less than 10 minutes away from the Bozeman Yellowstone International Airport. The farm borders the East Gallatin River on the East side and is strategically farmed for the enhancement of wildlife management. It is planted in both alfalfa hay and sorghum to create very productive pheasant, quail, grouse, turkey, ducks and white tail habitat. Check out all the game pictures. These could be your kids and grandkids next year. There are no hunting restrictions but the Conservation Easement does not allow for commercial outfitting. Many of the surrounding large pieces of farmland are under Conservation Easement, yet this 150 acre property allows for generous build opportunities away from neighbors and close to the animals and birds. Build your residence and buildings overlooking the East Gallatin River and have a clean view of the majestic Bridger Mountains. Permitted uses include agricultural activities, livestock and planting, right to restore, enhance and develop water resources, including ponds, does not limit the the water rights on the property. Current right to build a single family residence with an associated garage and storage shed, plus other non-residential structures such as barns, stables, corrals, grain silos, hay and feed storage buildings, fencing, duck blinds, warming huts. There is roughly $45K in farm revenue from hay sales so this would make a great 1031 exchange property.
    98 days
    |
    137
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 16, 2026 at 06:07am

    Listed by:

    Randy Ungersma 406-551-5175,

    McCaw, DeVries, Steinhauer & Co.

    Source: Big Sky Country MLS,MLS#: 407701Originating MLS: Big Sky Country MLS

      Facts & features

      Interior

      Interior area
      • Finished area above ground: 0

      Property

      Features
      • Has view: Yes
      • View description: Farmland, Mountain(s), Rural, River, Creek/Stream
      • Has water view: Yes
      • Water view: River,Creek/Stream
      Lot
      • Size: 150.15 Acres
      • Features: Acreage, Farm, Level
      • Topography: Level
      Details
      • Parcel number: REG81666
      • Zoning description: CALL - Call Listing Agent for Details
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: None

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Belgrade

      Financial & listing details

      • Annual tax amount: $627
      • Date on market: 12/30/2025
      • Cumulative days on market: 124 days
      • Listing terms: Cash,1031 Exchange
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        12/30/2025Listed for sale$3,750,000
        Source: Big Sky Country MLS #407701 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 59714

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        Local experts in 59714

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