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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.
    29 days
    |
    438
    |
    21
    |

    Zillow last checked: 8 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: 55 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.

    BuyAbility℠ 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.
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    Climate risks

    Neighborhood: 59714

    Nearby schools

    GreatSchools rating

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