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Lakefront Working Ranch
For Sale
$23,500,000

Lost Heart Ranch 234 N Ennis Lake Road, McAllister, MT 59740

Large lakefront ranch combining agricultural land, equestrian facilities, residences, and an operating lakeside hospitality component.

Property Size13,842 SF
Price / SF$1,697
Days on Market51

Property Features for Lost Heart Ranch 234 N Ennis Lake Road

General Information

Standard status Active
Size 13,842 SF
Property subtype Farm
Listing Agency: Benchmark Real Estate Brokers
Listed By: Chris Murphy · License #12265
Source: Montanarootsrealty
Added: Jul 9 Changed: Aug 28 Last Checked: Aug 25 at 9:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Real Estate Brokers

Investment Insights

Based on property information with market context.

This expansive ranch occupies just over 2,700+/- acres along the north shore of Ennis Lake and is organized into 45 legal parcels. Existing improvements include a 2,500± SF four-bedroom, three-bath main residence, a 2,400± SF equipment shop with an attached two-bedroom, one-bath residence, and a 3,100± SF livestock barn. The ranch also provides 1,400± feet of lake frontage, productive pasture, riparian areas, and juniper-covered hillsides.

A separate 23.18-acre equestrian component includes a 6,344+/- SF home, pool, lake frontage, and comprehensive horse infrastructure. The property also contains Lake Shore Lodge, with 42 full-service RV sites, three dry cabins, three additional four-season rental cabins, an office/store, bathhouse with laundry, employee-housing capacity, a marina with 10 docks, and a seawall. Supporting infrastructure includes two drain fields and seven holding tanks. The offering is located in McAllister, minutes from Ennis and under an hour from Bozeman.

Key Highlights

  • Just over 2,700+/- acres along the north shore of Ennis Lake
  • 45 legal parcels with ranch, residential, equestrian, and hospitality improvements
  • 1,400± feet of lake frontage with productive pasture and riparian corridors

Property Analytics

Current Use

Lake Shore Lodge Campground & RV Park

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 59740, MT

611
Population
354
Households
1.7
Avg Household Size
56
Median Age
11%
College-Educated
89%
High-School Grad
155.8 sq mi
ZIP Area
4
Density / Sq Mi
$46,811
Median Household Income
$629,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Ranch - Large lakefront ranch combining agricultural land, equestrian facilities, residences, and an operating lakeside hospitality component.
Where is this ranch located?
The property is located at Lost Heart Ranch 234 N Ennis Lake Road McAllister, MT.
What is the asking price?
The asking price for this property is $23,500,000.
What are key features of this property?
This property features: Just over 2,700+/- acres along the north shore of Ennis Lake; 45 legal parcels with ranch, residential, equestrian, and hospitality improvements; 1,400± feet of lake frontage with productive pasture and riparian corridors
More about this property
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