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    224 Rusty Spur Way Corvallis, MT 59828

    For Sale
    $2,300,000

    Commercial Sale, Other - Corvallis, MT

    Lot size:
    20.49 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 224 Rusty Spur Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    13156521201010000
    Lot size
    20.49 Acres

    Utilities

    Heating system
    Wood (Heating), Wood Stove

    Building Details

    Year built
    2004
    Architectural style
    Other

    Engel & Völkers Hamilton (406) 375-5556 [email protected]

    Listing agent Jani Summers (406) 375-5556

    Listing date Oct 28, 2025

    MLS# 30060114 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equestrian & Event Center For Sale

    The 5C Arena & Event Center is a full-service horse boarding and event facility situated on 20.49 acres in the Bitterroot Valley, located minutes from Hamilton and a short drive to Missoula. Designed for roping, clinics, and commercial venues, the property includes a 300'x180' indoor arena equipped with lighting, an announcer platform, and an upstairs viewing/living area. Additionally, there is a 140'x240' outdoor arena. Both arenas feature Priefert roping systems. The facility offers over 50 stalls across three barns, with the potential for expansion. Pipe-fenced paddocks with shelters and automatic waterers are also present. Additional amenities include irrigation rights, a pond, ample trailer and spectator parking, and RV hookups. A 3-bedroom, 2-bathroom manufactured home provides on-site housing. The property has a proven track record as a venue for weddings, banquets, and dog shows. A liquor license process is underway. This turn-key property is located in an equestrian community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    5C Arena & Event ... Horse Boarding Stable

    Suggested Use

    Auto Repair Shop Auto Parts Store Garden Center Electronics Store Home Appliance Store Pet Store Plumbing Service Arcade & Gaming Center Toy Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Ravalli
    State
    Montana
    Longitude
    -114.104774
    Latitude
    46.355598

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    FAQs

    What type of property is this?
    Horse & equestrian property - Full-service horse boarding and event facility on 20.49 acres.
    Where is this horse & equestrian property located?
    The property is located at 224 Rusty Spur Way Corvallis, MT.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Full-service horse boarding and event facility on 20.49 acres in the Bitterroot Valley.; - **300'x180' indoor arena and 140'x240' outdoor arena, both with Priefert roping systems.**; - 50+ stalls across three barns with room to expand, plus paddocks with shelters and automatic waterers.
    (406) 375-5556
    Request Owner's contact information
    224 Rusty Spur Way Corvallis, MT 59828
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    Corvallis, MT 59828
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224 Rusty Spur Way Corvallis, MT 59828
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