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MLS #409360
PRICE$2,449,000
Ennis, Montana
450 Loomis Way
Active
37Photos

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Set against the wide-open landscapes and river corridors that define the Madison Valley, The Drift at North Forty presents an opportunity to acquire an entire new construction four-unit residential building in the heart of Ennis. Located within walking distance of Main Street and minutes from the Madison River, the property offers investors a turnkey asset positioned at the intersection of small-town access and world-class outdoor recreation. The building consists of four 3-bedroom, 2-bathroom residences designed for low-maintenance ownership. Each home features an open-concept layout with expansive windows that capture mountain views and bring in natural light. Finishes are durable and clean, designed with a timeless aesthetic that complements the surrounding landscape while minimizing ongoing maintenance. Residences are configured for flexibility, appealing to both long-term occupants and vacation renters. Walkout primary suites provide privacy and direct outdoor access, while two additional bedrooms allow space for guests, family, or remote work. Attached one-car garages and dedicated storage rooms provide practical utility, with additional space suitable for fly tying, workout equipment, or organized gear storage. Short-term rentals are permitted, offering investors the ability to pursue nightly rental income while maintaining optionality for longer-term leasing or personal use. Upper-level residences benefit from elevated sightlines and broader valley views. With Main Street Ennis, the Madison River, and surrounding public lands nearby, the property is well positioned for year-round demand driven by fly fishing, hunting, hiking, and skiing at Big Sky Resort. Yellowstone National Park and Bozeman Yellowstone International Airport are approximately one hour away, placing The Drift at North Forty within reach of both regional and destination travel markets.
- Days on Market
8
- Type: Residential Income
- Subtype: Quadruplex
- Year Built: 2024
- Heating: Electric, Forced Air
- Cooling: Central Air, Ceiling Fans
- Levels: Three Or More
- View: Farmland, Lake, Mountains, Pond, Rural, Southern Exposure, Valley, Trees Woods
Listing Provided By Engel & Volkers - Ennis, Peter Votruba
Additional Features
- Appliances
Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer - Architectural Style
Contemporary, Fourplex - Association Fee Includes
Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash - Association
Yes - City
Ennis - Co List Agent Direct Phone
(406) 312-6014 - Co List Agent Email
stephen.drabek@engelvoelkers.com - Co List Agent Full Name
Stephen Drabek - Co List Office Name
Engel & Volkers - Bozeman - Construction Materials
Metal Siding, Wood Siding - Contract Status Change Date
2026-03-12 - Cooling
Central Air, Ceiling Fans - Cooling
Yes - Cumulative Days On Market
465 - Directions
From Ennis, head north on 287, left on Laura Lane, right on Otis Ave, property is on right before Mountain View Rd - Flooring
Partially Carpeted, Plank, Vinyl - Garage
Yes - Heating
Electric, Forced Air - Heating
Yes - Interior Features
Vaulted Ceilings, Walk In Closets, Window Treatments - Latitude
45.358326 - Levels
Three Or More - Listing Contract Date
8 - Listing Key
1155081969 - List Price
2449000 - Longitude
-111.732860 - Lot Features
Lawn, Landscaped, Sprinklers In Ground - MLS Area Major
Madison/ Beaverhead/ Jefferson - MLS Area Minor
7 M - Madison County - MLS Status
Active - Original List Price
2449000 - Originating System Name
S W M T - Parcel Number
T B D - Parking Features
Garage, Paved - Patio And Porch Features
Balcony - Photos Count
37 - Postal Code
59729 - Property Sub Type
Quadruplex - Property Type
Residential Income - Road Surface Type
Paved - Roof
Asphalt, Shingle - Security Features
Fire Sprinkler System, Heat Detector, Smoke Detectors - Sewer
Public Sewer - Standard Status
Active - Stories
3 - Subdivision Name
North Forty - Tax Annual Amount
8388 - Tax Legal Description
As defined in title commitment- The Drift at North Forty, Building 1 - Tax Year
2025 - Unparsed Address
450 Loomis Way - Utilities
Electricity Available, Fiber Optic Available, Sewer Available, Water Available - View
Farmland, Lake, Mountains, Pond, Rural, Southern Exposure, Valley, Trees Woods - View
Yes - Waterfront Features
None - Water Source
Public - Window Features
Window Coverings - Year Built
2024

Let me show you this listing!
Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.