131+ Acres at the Base of the Bridger Mountains. Rarely does an opportunity of this scale, setting, and proximity to Bozeman and Belgrade become available. Encompassing approximately 131 contiguous acres along Penwell Bridge Road in the sought after Springhill area, this remarkable property combines expansive open land, sweeping Bridger Mountain and Ross Peak Views, and the privacy and flexibility of substantial acreage, an increasingly uncommon offering in the Gallatin Valley. The property offers paved frontage along Penwell Bridge Road and Springhill Road and gives exceptional rural Montana character. From across the acreage you have dominating skylines and expansive views extending across the surrounding valley. This property comes with ample opportunities. Envision a private Montana estate with extraordinary separation and privacy, an agricultural or equestrian property, a legacy holding for future generations, or explore whether the land may accommodate additional homesites or other developmental opportunities. The location is conveniently connected to Bozeman, Belgrade, Yellowstone International Airport, and the recreation and amenities of the Gallatin Valley. For the buyer seeking more than a homesite and who values location, views, privacy, flexibility, and long term potential, this property is it.
131+ Acres at the Base of the Bridger Mountains. Rarely does an opportunity of this scale, setting, and proximity to Bozeman and Belgrade become available. Encompassing approximately 131 contiguous acres along Penwell Bridge Road in the sought after Springhill area, this remarkable property combines expansive open land, sweeping Bridger Mountain and Ross Peak Views, and the privacy and flexibility of substantial acreage, an increasingly uncommon offering in the Gallatin Valley. The property offers paved frontage along Penwell Bridge Road and Springhill Road and gives exceptional rural Montana character. From across the acreage you have dominating skylines and expansive views extending across the surrounding valley. This property comes with ample opportunities. Envision a private Montana estate with extraordinary separation and privacy, an agricultural or equestrian property, a legacy holding for future generations, or explore whether the land may accommodate additional homesites or other developmental opportunities. The location is conveniently connected to Bozeman, Belgrade, Yellowstone International Airport, and the recreation and amenities of the Gallatin Valley. For the buyer seeking more than a homesite and who values location, views, privacy, flexibility, and long term potential, this property is it.
BSCMLS #414428
Sep 2, 2026
Listed
$3,300,000
+9
Spanning 150± acres beneath the dramatic silhouette of the Bridger Mountains, Penwell Preserve is a finite Montana offering where working agricultural land and premier wildlife habitat come together just minutes outside downtown Bozeman. Protected under a conservation easement held by the Montana Land Reliance, the property carries a legacy of stewardship that will ensure its open pastures and natural character endure for generations to come. This offering represents a rare opportunity to secure a legacy landholding in one of Montana's fastest-growing regions, where development pressure continues to reshape much of the surrounding landscape. The property enjoys sweeping views of the Bridger Mountains within a highly desirable Gallatin Valley location, with the East Gallatin River situated just beyond the property boundary and only a short walk away. The land has been strategically planted to support both agricultural production and wildlife habitat. Open fields have traditionally been planted in alfalfa hay, barley, and sorghum, while rows of basin wildrye provide valuable nesting and cover for upland birds and whitetail deer. Together, these plantings create exceptional habitat for pheasants, waterfowl, and whitetail deer. Penwell Preserve delivers a true sportsman's setting right outside its own back door. Beyond its recreational appeal, the Montana Land Reliance conservation easement allows for a single-family residence, along with additional improvements such as barns, stables, corrals, grain silos, hay and feed storage buildings, fencing, duck blinds, warming huts, and ponds. This flexibility ensures the property can support both agricultural operations and recreational infrastructure while preserving the open character that makes it so special. It is a rare chance to own a piece of the valley's storied ranching heritage.
MRMLS #30074314
Jul 5, 2026
Listed
$1,175,000
BSCMLS #412869
Jul 5, 2026
Listed
$1,175,000
BSCMLS #3
Jul 3, 2026
Price Changed
$3,003,000
BSCMLS #2
Jul 3, 2026
Price Changed
$3,003,000
BSCMLS #1
Apr 25, 2026
Price Changed
$3,395,000
BSCMLS #407612
Dec 17, 2025
Listed
$4,875,000
BSCMLS #405966
Sep 30, 2025
Listed
$4,875,000
MRMLS #30038214
Sep 2, 2025
Sold
—
Apr 26, 2025
Pending
—
Dec 15, 2024
Listed
$998,000
BSCMLS #398531
Sep 2, 2025
Sold
—
Jul 28, 2025
Pending
—
Dec 15, 2024
Listed
$998,000
BSCMLS #401636
May 1, 2025
Listed
$1,280,000
BSCMLS #399704
Aug 23, 2024
Listed
$4,875,000
BSCMLS #390664
Jul 25, 2024
Price Changed
$3,980,000
Mar 27, 2024
Listed
$4,488,000
BSCMLS #395188
Jun 17, 2024
Listed
$4,875,000
BSCMLS #370980
Sep 2, 2023
Relisted
—
Aug 9, 2023
Delisted
—
Jun 28, 2023
Price Changed
$4,895,000
Apr 26, 2022
Listed
$5,300,000
BSCMLS #377738
May 11, 2023
Sold
—
Apr 28, 2023
Pending
—
Jan 25, 2023
Price Changed
$795,000
Jan 17, 2023
Relisted
—
Jan 2, 2023
Contingent
—
Dec 23, 2022
Relisted
—
Dec 6, 2022
Listed
—
Oct 21, 2022
Listed
$829,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Gallatin County
APN
TBD
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 5, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Belgrade, MT • 59714
Average low and high temperatures (°F)
33
13
37
15
52
30
56
31
68
41
74
47
84
52
83
51
77
45
61
34
46
25
43
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.