Between Bozeman and Yellowstone National Park, this extraordinary 20-acre property offers unmatched privacy and sweeping panoramic views, just ten minutes from both Big Sky Resort and Town Center. A sunlit meadow framed by mature spruce and aspen trees serves as the future main house site, capturing breathtaking vistas of Lone Mountain, the Spanish Peaks, the Yellowstone Club, and Buck Ridge. A 2,000-square-foot guest house crowns a landscaped knoll overlooking the meadow. Designed with mountain character and artisan craftsmanship, it features soaring ceilings, a dramatic stone fireplace, a hand-crimped copper roof by renowned metalworker Mike Winters, and a whimsical glass-floor cupola. Luxurious touches include radiant heat, Lutron lighting, a steam shower, and a full washer and dryer. Above the oversized two-car garage, the caretaker’s quarters offer additional guest accommodations with warm barnwood interiors, wide-plank Douglas fir floors, and a river rock shower with a cracked marble floor. The 20-acre grounds are beautifully manicured, with rolling lawns, rock gardens, and nearly a mile of private hiking and fitness trails. In winter, the coveted Boomerang Nordic trail—part of Lone Mountain Ranch’s nationally acclaimed network—winds discreetly through the property, offering direct access to world-class cross-country skiing. Amenities include a six-person hot tub, lantern-lit driveway, Starlink internet, ADT security with cameras, and an extensive irrigation system. This is a rare Big Sky legacy property, offering the perfect blend of privacy, luxury, and year-round recreation.
Sold
Price Unknown
121 Old Toby Rd, Big Sky, MT 59716
2beds
2,510sqft
Single Family Residence
Built in 2005
20.01 Acres Lot
$3,738,500 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$3,738,500
$3.55M - $3.93M
Not available
Zestimate® history
Owner options
List your home for rent
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Refinance and save
$7,428/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,428/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Dramatic stone fireplaceOversized two-car garageSweeping panoramic viewsSteam showerFull washer and dryerWhimsical glass-floor cupolaSix-person hot tub
Zillow last checked:
Listing updated:
Listed by:
Michael Pitcairn 406-539-6060,
Outlaw Realty,
Eric Ladd 406-995-7363,
Outlaw Realty
Bought with:
Ania Bulis, BRO-12151
Big Sky Sotheby's
Source: Big Sky Country MLS,MLS#: 411365Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Loft, Living Room, Office
Bedroom
- Level: Main
Bedroom
- Level: Upper
Den
- Level: Upper
Dining room
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Heating
- Radiant Floor
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Washer
Features
- Wet Bar, Walk-In Closet(s)
- Flooring: Hardwood, Partially Carpeted
Interior area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
- Finished area above ground: 2,000
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Gravel Driveway, Landscaping
- Has view: Yes
- View description: Mountain(s), Southern Exposure, Valley, Trees/Woods
- Waterfront features: None
Lot
- Size: 20.01 Acres
- Features: Lawn, Landscaped
Details
- Additional structures: Guest House
- Parcel number: RKE46927
- Zoning description: Call Listing Agent for Details
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Custom,Rustic
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 2005
Details
- Builder name: Perimeter Construction/House Design Partnership
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Well
- Utilities for property: Propane, Phone Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Lost Trails
HOA
- Has HOA: Yes
- Amenities included: Ski Accessible, Ski In Ski Out, Trail(s)
- Services included: Road Maintenance
- HOA fee: $7,428 annually
Location
- Region: Big Sky
Financial & listing details
- Tax assessed value: $2,727,973
- Annual tax amount: $13,018
- Date on market: 5/18/2026
- Cumulative days on market: 350 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Sold | -- |
Source: Big Sky Country MLS #411365 Report a problem | ||
| 8/3/2026 | Contingent | $4,100,000$1,633/sqft |
Source: Big Sky Country MLS #411365 Report a problem | ||
| 5/18/2026 | Listed for sale | $4,100,000-6.8%$1,633/sqft |
Source: Big Sky Country MLS #411365 Report a problem | ||
| 5/2/2026 | Listing removed | $4,400,000$1,753/sqft |
Source: Big Sky Country MLS #404509 Report a problem | ||
| 1/23/2026 | Price change | $4,400,000-8.3%$1,753/sqft |
Source: Big Sky Country MLS #404509 Report a problem | ||
| 8/11/2025 | Price change | $4,800,000-7.7%$1,912/sqft |
Source: Big Sky Country MLS #404509 Report a problem | ||
| 7/30/2025 | Listed for sale | $5,200,000$2,072/sqft |
Source: Big Sky Country MLS #404509 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,778 -21.6% | $2,727,973 -19.9% |
| 2024 | $16,291 +6.1% | $3,407,595 |
| 2023 | $15,360 +63.8% | $3,407,595 +109% |
| 2022 | $9,379 -11.7% | $1,630,675 |
| 2021 | $10,617 +56.2% | $1,630,675 +39.5% |
| 2020 | $6,795 -8% | $1,169,317 |
| 2019 | $7,384 +18.4% | $1,169,317 +20.7% |
| 2018 | $6,236 +6.4% | $968,726 |
| 2017 | $5,862 +2.5% | $968,726 +23.6% |
| 2016 | $5,717 | $783,827 |
| 2015 | $5,717 -14.9% | $783,827 +34.9% |
| 2014 | $6,715 +20.1% | $581,113 +4.4% |
| 2013 | $5,592 +2% | $556,726 +5% |
| 2012 | $5,484 | $530,200 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
Find assessor info on the county website
Neighborhood: 59716
Nearby homes
- $5,412,3004 bd3 ba1.3k sqft215 Old Toby Rd, Big Sky, MT 59716Off Market
- $--20.01 acres24 Old Toby Rd, Big Sky, MT 59716Off Market
- $7,113,7005 bd5 ba2.5k sqft844 Lost Trails Rd, Big Sky, MT 59716Off Market
- $4,999,9995 bd4 ba3.8k sqft172 Ciel Dr, Big Sky, MT 59716For Sale
- $6,164,6004 bd3 ba3.4k sqft337 Old Toby Rd, Big Sky, MT 59716Off Market
- $2,499,00011.29 acresNhn First Left Dr, Big Sky, MT 59716Lot/Land
- $3,784,3004 bd3 ba2.5k sqft800 Lost Trails Rd, Big Sky, MT 59716Off Market
- $1,221,57211.29 acresFirst Left Dr, Big sky, MT 59716Off Market
Nearby schools
GreatSchools rating
- 7/10Ophir Elementary SchoolGrades: PK-5Distance: 6.5 mi
- 6/10Ophir 7-8Grades: 6-8Distance: 6.5 mi
- 10/10Lone Peak High SchoolGrades: 9-12Distance: 6.5 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$3,738,500
2% more
+$74,770
With Zillow Showcase(estimated)
$3,813,270
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$3,738,500
2% more
+$74,770
With Zillow Showcase(estimated)
$3,813,270
- Montana
- Gallatin County
- Big Sky
- 59716
- 121 Old Toby Rd
