50Photos

Let me show you this listing!

PRICE DROP – FLEXIBLE LIVING & HIGH-INCOME POTENTIAL ON 10+ ACRES! This unique 10.03-acre property near the Madison River in Three Forks offers the best of both worlds: versatile living options and strong investment potential—all just a scenic drive from Bozeman. The 2,000 sq. ft. main home features 4 beds, 2 baths, a cozy wood-burning fireplace, dual decks, and a loft—ideal for owner occupancy, long-term rental, or vacation guests. Wildlife sightings are a regular delight, with deer and elk often passing through. A second 1,500 sq. ft. mobile home includes 3 beds, 2 baths, and a dedicated office space—perfect for a second rental unit, guest housing, or multigenerational living. Both homes are approved for short-term and long-term rentals, allowing you to generate income immediately or adapt your rental strategy to seasonal demand. Live in one and rent the other—or lease both for maximum return. Also included is a 1,000 sq. ft. heated workshop with a wood-burning furnace and an air compressor—a great opportunity to add value with a business component or workshop lease. With close access to world-class fly fishing, hunting, and year-round recreation, this property blends sought-after Montana living with reliable revenue opportunities—now offered at a reduced price!

• Bedrooms
  4
• Bathrooms
  2
• Sq Footage
  2025
• Acres
  10.03
• Days on Market
  53

Additional Features

• Above Grade Finished Area
  2025
• Bathrooms Full
  2
• Bathrooms Total Integer
  2
• Bedrooms Total
  4
• Building Area Source
  Owner
• Building Area Total
  2025
• City
  Three Forks
• Contract Status Change Date
  2025-03-20
• Cooling
  Ceiling Fans, Varies By Unit
• Cumulative Days On Market
  43
• Directions
  Norris rd from Four Corners to Madison rd, approx 3 miles on the left
• Documents Count
  4
• Garage Spaces
  3
• Garage
  Yes
• Heating
  Baseboard, Electric
• Heating
  Yes
• Latitude
  45.692046
• Levels
  Two
• Listing Contract Date
  53
• Listing Key
  1109037207
• List Price
  995000
• Living Area
  2025
• Living Area Source
  Owner
• Longitude
  -111.507034
• Lot Size Acres
  10.03
• Lot Size Square Feet
  436907
• MLS Area Major
  Greater Three Forks
• MLS Area Minor
  4 T S W - Three Forks South/ Willow Creek
• MLS Status
  Active
• Occupant Type
  Owner
• Original List Price
  1200000
• Originating System Name
  S W M T
• Other Structures
  Guest House
• Ownership
  Full
• Parcel Number
  R G D11508
• Parking Features
  Detached, Garage
• Patio And Porch Features
  Deck
• Pets Allowed
  Yes
• Photos Count
  50
• Postal Code
  59752
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  None
• Tax Annual Amount
  3810
• Tax Legal Description
  S05, T02 S, R02 E, ACRES 10.03, NE4NE4SW4 DEPT SURVEY #10 IMPS ON RGD27346
• Tax Year
  2024
• Unparsed Address
  14477 Madison Road
• Utilities
  Electricity Connected, Septic Available, Water Available
• Water Source
  Well
• Year Built
  1989

Let me show you this listing!