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Contingent
  • Price cut: $75K (12/8)
    $450,000

    728 Madison River Rd, Three Forks, MT 59752

    2beds
    1,648sqft
    : 
    Single Family Residence
    Built in 2003
    10.03 Acres Lot
    $-- Zestimate®
    $273/sqft
    $-- HOA

    What's special

    Small dry cabinRelaxing by the water
    Back-up Offers Welcome. SELLING AS IS - Offering at a price that includes 10 use-able acres with improvements - including a 60gpm well, 3-bedroom septic, fenced 10 acres, electric on lot, and home that can be finished. DESIRABLE LOCATION with an address of MADISON RIVER ROAD - you know you are in blue-ribbon fly-fishing country! Would be a phenomenal HORSE PROPERTY - with miles of dirt road and public lands nearby to ride. Don't forget the opportunity for RENTAL INCOME! With NO COVENANTS this is an ideal location for an Airbnb, add rental cabins, or host recreational glamping! This unique home sits on 10 pristine acres with year-round Hudson Ditch running through the property. Great location near fly-fishing heaven and outdoor recreation. Enjoy relaxing by the water and gazing at the star-filled Montana night sky. This home is ready for you to personalize as your own. GORGEOUS 10 fenced acres with year-round Hutchinson ditch running through the property. There is one existing small dry cabin. The property features Canada Red choke cherry trees, annuals, hops, and a 60gpm well. Lovely land that has not been grazed and is level, useable, and fenced - so bring the horses. Dirt roads and public lands nearby to trail ride on. Deer, elk, pheasant, and Hungarian partridge pass through. Seller is cleaning up the property and will consider offers to sell as-is. Located off Norris Road, between Black Fjord and Grey Cliff Fishing Access. Local attractions include the Norris Hot Springs and Buffalo Jump State Park. Live where others play with Big Sky Resort ~65 miles and Yellowstone National Park ~100 miles. Approximately 20 miles to the Four Corners area of Bozeman.
    203 days
    |
    1,286
    |
    79
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 10, 2025 at 10:22am

    Listed by:

    J.R. Tonjum 406-580-9926,

    Realty One Group Peak

    Source: Big Sky Country MLS,MLS#: 402946Originating MLS: Big Sky Country MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Three Quarter Bath, Bonus Room, Dining Room, Family Room, Kitchen, Laundry
    Heating
    • Baseboard, Electric, Wood
    Cooling
    • Ceiling Fan(s)
    Interior area
    • Total structure area: 1,648
    • Total interior livable area: 1,648 sqft
    • Finished area above ground: 1,648

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 10.03 Acres
    Details
    • Additional structures: Guest House
    • Parcel number: 00RGD11510
    • Zoning description: NONE - None/Unknown
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available, Septic Available, Water Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Three Forks

    Financial & listing details

    • Price per square foot: $273/sqft
    • Tax assessed value: $525,275
    • Annual tax amount: $2,987
    • Date on market: 6/7/2025
    • Cumulative days on market: 205 days
    • Listing terms: Cash,3rd Party Financing
    • Electric utility on property: Yes
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/10/2025Contingent$450,000$273/sqft
    Source: Big Sky Country MLS #402946 Report a problem
    12/8/2025Price change$450,000-14.3%$273/sqft
    Source: Big Sky Country MLS #402946 Report a problem
    10/22/2025Price change$525,000-8.7%$319/sqft
    Source: Big Sky Country MLS #402946 Report a problem
    9/19/2025Price change$575,000-0.9%$349/sqft
    Source: Big Sky Country MLS #402946 Report a problem
    8/8/2025Price change$580,000-5.7%$352/sqft
    Source: Big Sky Country MLS #402946 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,968 +2.7%$525,275
    2023$2,892 +32.2%$525,275 +63.1%
    2022$2,187 -2.6%$321,975

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,575/mo
    Principal & interest
    $2196
    Property taxes
    $221
    Home insurance
    $158

      Climate risks

      Neighborhood: 59752

      Nearby schools

      GreatSchools rating

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