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Set along the banks of the East Gallatin River, this 36± acre property offers a rare combination of river frontage, exceptional recreational opportunities, and scenic beauty, all just minutes from Bozeman. With approximately 2,500± feet of river frontage on both sides of the East Gallatin, the property is defined by the water that moves through it, offering exceptional fly fishing opportunities literally steps from the front door.

The land itself is a working balance of approximately 12± acres in alfalfa, lush riparian and prime wildlife habitat. Pheasant, waterfowl, and whitetail deer occupy the property, making this an outstanding property for various sporting pursuits. Beyond the sporting opportunities, the setting delivers sweeping views of the Bridger Mountain Range, creating a backdrop that changes beautifully with the seasons.

Improvements on the property include a comfortable and well-maintained 3,415± square foot home, built in 1986, with five bedrooms and three bathrooms, offering a practical base camp or full-time Montana residence. A detached garage and shed provide additional storage and workspace for equipment, gear, and projects. While the existing improvements are functional and well cared for, there appears to be a compelling opportunity to enhance the property through thoughtful, timeless renovations that could further elevate its appeal.

Despite its tranquil, tucked-away feel, East Gallatin Riverlands is remarkably well-connected. Bozeman Yellowstone International Airport is just 10± minutes away, Main Street Bozeman is a quick 15± minute drive, and Bridger Bowl Ski Area is approximately 35± minutes out, putting world-class skiing, dining, shopping, and air travel all within easy reach.

Whether you're seeking a private fishing retreat, a productive small acreage, or a basecamp for year-round Montana adventure, East Gallatin Riverlands offers a compelling blend of river frontage, mountain views, and genuine sporting heritage.
Property Facts

• Bedrooms
  5
• Bathrooms
  3
• Sq Footage
  3415
• Acres
  36
• Days on Market
  20

Additional Features

• Above Grade Finished Area
  1715
• Appliances
  Built In Oven, Cooktop, Dryer, Dishwasher, Range, Refrigerator, Washer
• Architectural Style
  Cabin
• Basement
  Bedroom, Bath Stubbed
• Bathrooms Full
  3
• Bathrooms Total Integer
  3
• Bedrooms Total
  5
• Building Area Total
  3415
• City
  Belgrade
• Contract Status Change Date
  2026-09-02
• Directions
  From Bozeman, Take I-90 W and Springhill Rd to Penwell Bridge Rd.
• Garage Spaces
  1
• Garage
  Yes
• Interior Features
  Main Level Primary
• Latitude
  45.801855
• Levels
  One
• Listing Contract Date
  2026-09-02
• Listing Key
  1189551091
• List Price
  2950000
• Living Area
  3415
• Longitude
  -111.129686
• Lot Features
  Adjacent To Public Land, Acreage, Farm, Level, Meadow, Pasture, Ranch
• Lot Size Acres
  36.00000
• Lot Size Square Feet
  1568160
• MLS Area Major
  Belgrade
• MLS Area Minor
  3 N - Belgrade Area N of I90
• MLS Status
  Active Under Contract
• Off Market Date
  2026-09-03
• Original List Price
  2950000
• Originating System Name
  S W M T
• Other Structures
  Sheds
• Ownership
  Full
• Parcel Number
  R E D22839
• Parking Features
  Detached, Garage
• Photos Count
  27
• Postal Code
  59714
• Property Sub Type
  Single Family Residence
• Property Type
  Farm
• Road Surface Type
  Gravel
• Sewer
  Septic Tank
• Standard Status
  Pending
• Stories
  1
• Tax Annual Amount
  3499.40
• Tax Legal Description
  S29, T01 N, R05 E, C.O.S. 1166, Parcel 1, Acres 36.174. Exact Legal Description TBD by Title Company.
• Tax Year
  2025
• Unparsed Address
  2150 Penwell Bridge Road
• Utilities
  Electricity Available, Propane, Septic Available, Water Available
• View
  Farmland, Meadow, Mountains, Rural, River, Southern Exposure, Creek Stream, Trees Woods
• View
  Yes
• Waterfront Features
  Creek, River Front, River Access, Seasonal, Stream
• Water Source
  Well
• Year Built
  1986

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