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Set on 20 private acres with sweeping views of the Madison and Centennial mountain ranges, 23 Lake Trail offers a rare opportunity to experience Montana at its finest. Located in the highly sought-after Madison River Ranches, this property combines space, privacy, and access to some of the region’s most iconic outdoor recreation. Originally built in 2002 and extensively renovated in 2015, the home blends classic log construction with thoughtful updates and modern livability. The exterior logs were professionally restored in fall 2024, enhancing both the home’s durability and its timeless Montana character. Inside, the main level features an open and inviting layout with distinct spaces for dining, relaxing, and gathering, complemented by a generously sized pantry for added functionality. The upper level offers a flexible, open-concept design with a kitchenette, ideal for hosting guests, extended stays, or creating a separate living space. A spacious three-car garage/shop provides ample room for vehicles, equipment, and all the gear that comes with Montana living. Ownership in Madison River Ranches includes access to over 55 acres of shared open space and private Madison River frontage, an exceptional amenity for world-class fly fishing and quiet days along the water. Just minutes from National Forest access, Cliff and Wade Lakes, and within easy reach of Hebgen Lake, Henry’s Lake, and Yellowstone National Park, this location places endless recreation right at your doorstep. Whether you’re looking for a private retreat, a basecamp for adventure, or a property to enjoy for generations, 23 Lake Trail delivers scale, views, and access in one compelling package.

• Bedrooms
  3
• Bathrooms
  2
• Sq Footage
  3136
• Acres
  20
• Days on Market
  15

Additional Features

• Above Grade Finished Area
  3136
• Appliances
  Dryer, Range, Refrigerator, Washer
• Architectural Style
  Cabin
• Association Amenities
  Clubhouse, Trails
• Association Fee
  520.00
• Association Fee Frequency
  Annually
• Association Fee Includes
  Road Maintenance
• Association
  Yes
• Bathrooms Full
  2
• Bathrooms Total Integer
  2
• Bedrooms Total
  3
• Building Area Source
  Public Records
• Building Area Total
  3136
• City
  Cameron
• Community Features
  Gated
• Construction Materials
  Log
• Contract Status Change Date
  2026-04-14
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  191
• Directions
  Hwy 287 to Cliff Lake Rd to Flat Iron to Homestead South to Lake Trail. House is on the left
• Documents Count
  5
• Fencing
  Partial
• Flooring
  Carpet, Hardwood
• Garage Spaces
  3
• Garage
  Yes
• Heating
  Baseboard, Electric, Propane, Stove
• Heating
  Yes
• Latitude
  44.805205
• Levels
  Two
• Listing Contract Date
  15
• Listing Key
  1157591956
• List Price
  895000
• Living Area
  3136
• Living Area Source
  Public Records
• Longitude
  -111.551810
• Lot Size Acres
  20
• Lot Size Square Feet
  871200
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 M M - Madison - Madison Vly
• MLS Status
  Active
• Occupant Type
  Owner
• Original List Price
  895000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  0027245640
• Parking Features
  Detached, Garage
• Patio And Porch Features
  Balcony, Covered, Patio
• Pets Allowed
  Yes
• Photos Count
  97
• Postal Code
  59720
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Roof
  Metal
• Security Features
  Gated Community
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  Madison River Ranches
• Tax Annual Amount
  2516.00
• Tax Legal Description
  S12, T12 S, R01 E, C.O.S. 7/859A, PARCEL 24, ACRES 20, AKA MADISON RIVER RANCHES #1
• Tax Year
  2024
• Unparsed Address
  23 Lake Trail
• Utilities
  Electricity Connected, Fiber Optic Available, Septic Available, Water Available
• View
  Meadow, Mountains, Valley, Trees Woods
• View
  Yes
• Waterfront Features
  None
• Water Source
  Well
• Year Built
  2002

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