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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 shades, 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.

• Bedrooms
  2
• Bathrooms
  2
• Sq Footage
  2510
• Acres
  20.01
• Days on Market
  28

Additional Features

• Above Grade Finished Area
  2000
• Appliances
  Dishwasher, Disposal, Microwave, Refrigerator, Washer
• Architectural Style
  Cabin, Custom, Rustic
• Association Amenities
  Ski Accessible, Ski In Ski Out, Trails
• Association Fee
  7428
• Association Fee Frequency
  Annually
• Association Fee Includes
  Road Maintenance
• Association
  Yes
• Bathrooms Full
  2
• Bathrooms Total Integer
  2
• Bedrooms Total
  2
• Building Area Source
  Owner
• Building Area Total
  2510
• City
  Big Sky
• Co List Agent Direct Phone
  406-995-7363
• Co List Agent Email
  eric@outlaw.realty
• Co List Agent Full Name
  Eric Ladd
• Co List Office Name
  Outlaw Realty
• Construction Materials
  Wood Siding
• Contract Status Change Date
  2025-07-30
• Cooling
  Wall Window Units
• Cooling
  Yes
• Cumulative Days On Market
  13
• Directions
  Lone Mountain Trail, right at Lost Trails, left on Old Toby Rd, home located on the left hand side of the road.
• Documents Count
  3
• Flooring
  Hardwood, Partially Carpeted
• Garage Spaces
  2
• Garage
  Yes
• Heating
  Radiant Floor
• Heating
  Yes
• Interior Features
  Wet Bar, Walk In Closets
• Latitude
  45.285793
• Levels
  Two
• Listing Contract Date
  28
• Listing Key
  1120110264
• List Price
  4800000
• Living Area
  2510
• Living Area Source
  Owner
• Longitude
  -111.359863
• Lot Features
  Lawn, Landscaped
• Lot Size Acres
  20.01
• Lot Size Square Feet
  871636
• MLS Area Major
  Greater Big Sky
• MLS Area Minor
  5 B M V - Big Sky Meadow Village
• Occupant Type
  Owner
• Original List Price
  5200000
• Originating System Name
  S W M T
• Other Structures
  Guest House
• Ownership
  Full
• Parcel Number
  R K E46927
• Parking Features
  Detached, Garage
• Patio And Porch Features
  Deck
• Pets Allowed
  Yes
• Photos Count
  75
• Postal Code
  59716
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Gravel
• Roof
  Metal
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  Lost Trails
• Tax Annual Amount
  16551
• Tax Legal Description
  S28, T06 S, R03 E, C.O.S. 2156, PARCEL 5, ACRES 20.009
• Tax Year
  2024
• Unparsed Address
  121 Old Toby Road
• Utilities
  Propane, Phone Available, Septic Available, Water Available
• View
  Mountains, Southern Exposure, Valley, Trees Woods
• View
  Yes
• Waterfront Features
  None
• Water Source
  Public, Well
• Year Built
  2005

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