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This 150 acre farm is a truly spectacular rural getaway, while being close to important destinations...
- 5 miles to the Bozeman Yellowstone International Airport in Belgrade
- 12 miles to downtown Bozeman
- 26 miles to Bridger Bowl Ski Resort
- 51 miles to Big Sky Resort.
- 90 miles to Yellowstone National Park
Paved road all the way to the entrance of the farm off Penwell Bridge Road. 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 excellent pheasant, quail, grouse, turkey, duck, geese and whitetail habitat. It lies within the "Restricted Weapons" Hunting District 309 which allows for hunting with a bow, crossbow, shotgun and handgun. Check out all the game pictures. These could be your kids and grandkids next year.
This 150 acre property allows for build opportunities anywhere on the 150 acres except for roughly 17 acres of wetlands on the South West corner. Permitted uses include agricultural activities, livestock and planting, right to restore, enhance and develop water resources, including ponds. Water Rights General Abstract has a priority date of May 31, 1890 for 2.5 CFS groundwater diversion for sprinkler and flood irrigation.
Current right to build a single family residence with an associated garage and storage shed, roads to structures, plus other non-residential structures such as barns, stables, corrals, grain silos, hay and feed storage buildings, fencing, duck blinds, warming huts and ponds.
There is roughly $45K in farm revenue from hay sales so this would make a great 1031 exchange property.
See Associated Documents for Property Profile, General Abstract for Water Rights, Conservation Easement.
Be sure to check out the video tour link on this listing.

• Acres
  150.15
• Days on Market
  13

Additional Features

• City
  Belgrade
• Contract Status Change Date
  2026-06-12
• Cumulative Days On Market
  12
• Directions
  North on Dry Creek Road from Belgrade, East on Penwell Bridge Road for 1.4 miles, property is South of Penwell Bridge Road. Mc Caw, De Vries, Steinhaurer Real Estate sign is posted.
• Documents Count
  3
• Fencing
  Partial
• Latitude
  45.801621
• Listing Contract Date
  2026-06-12
• Listing Key
  1174376663
• List Price
  3395000
• Longitude
  -111.136794
• Lot Features
  Level
• Lot Size Acres
  150.15000
• Lot Size Square Feet
  6540534
• MLS Area Major
  Belgrade
• MLS Area Minor
  3 N - Belgrade Area N of I90
• MLS Status
  Active
• Original List Price
  3395000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  R E G81666
• Photos Count
  17
• Postal Code
  59714
• Property Sub Type
  Unimproved Land
• Property Type
  Land
• Road Surface Type
  Paved
• Standard Status
  Active
• Subdivision Name
  7 Ranges
• Tax Annual Amount
  627.17
• Tax Legal Description
  S29, T01 N, R05 E, C.O.S. 2192, PARCEL 1, ACRES 150.152, SOUTH OF PENWELL BRIDGE ROAD
• Tax Year
  2025
• Unparsed Address
  T B D Penwell Bridge
• Utilities
  None
• View
  Farmland, Meadow, Mountains, Rural, River, Creek Stream, Trees Woods
• View
  Yes

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