Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Lot with Mountain Views Title is generated by Realmo AI

    265 N Canyon Drive, Seeley Lake, MT 59868

    View on Map
    Claim this Listing
    For Sale
    $349,900

    LAND - Seeley Lake, MT

    Lot size:
    3.75 Acres
    Added:
    Feb 28, 2026
    Days on Market:
    75
    Last Refresh:
    May 14 at 11:06 pm

    Property Features for 265 N Canyon Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04254001201050000
    Lot size
    3.75 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Seeley Lake Estates No 2, S01, T16 N, R15 W, Lot 7
    Tax Annual Amount
    1261

    Utilities

    Water front features
    Creek, Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Jeffery Micklitz

    Listing agent Jeffery Micklitz License #RRE-BRO-LIC-127161

    Listing office Clearwater Montana Properties - Seeley Lake PO Box 490, Seeley Lake, MT

    Listing date Feb 28, 2026

    MLS# 30066038 Listing URL

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Waterfront property on Trail Creek with Swan Mountain views.
    • Large 3.75‑acre level lot, ideal for building.
    • No HOA or CCRs, offering freedom and flexibility.
    • Close to Seeley Lake town amenities.
    • Potential for off‑grid living or easy connection to power.
    • Recreational paradise with access to lakes, rivers, hiking, and public lands.

    Overview

    This 3.75-acre waterfront lot in Seeley Lake, Montana, offers Swan Mountain views. The level lot has no HOA or CCRs. Sharing a partial boundary with a Missoula County parcel, the property offers a sense of privacy. The sounds of Trail Creek add to the tranquil environment. Power is close by, and area wells are good. The current owner has horses, goats, and chickens on the property and operates an on-site sawmill. The property is suited for various uses. Seeley Lake and the Swan Valley provide access to lakes, rivers, creeks, streams, and hiking trails. The location is suitable for hiking, hunting, fishing, floating, boating, exploring, winter sports, and wildlife viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Seeley Lake
    County
    Missoula
    State
    Montana
    Longitude
    -113.438667
    Latitude
    47.175516

    Nearby Similar for Sale

    • $1,490,000
      4,320 SF

      Seeley Lake Building Supply Center

      Established building supply business with real estate in Seeley Lake.
      3096 Hwy 83 N Seeley Lake, , MT 59868
      View Details
    • $325,000

      Seeley Lake Land Bordering Forest

      5.48-acre property bordering US Forest Service land.
      1030 Old Barn Road, Seeley Lake, MT 59868
      View Details
    • $545,000

      Seeley Lake Development Opportunity

      7.66 acres with Highway 83 visibility in Seeley Lake.
      134 Nordic Way, Seeley Lake, MT 59868
      View Details
    • $545,000

      Seeley Lake Development Opportunity

      7.66 acres with Highway 83 visibility in Alpine Trails.
      134 Nordic Way, , MT 59868
      View Details
    • $300,000

      Seeley Lake Land with Views

      4.91 acre lot with highway access and utilities.
      409 Old Barn Road, Seeley Lake, MT 59868
      View Details
    • $1,200,000

      Seeley Lake Commercial Land Opportunity

      20-acre commercial land with utilities in Seeley Lake, Montana.
      2980 Hwy 83 N, Seeley Lake, MT 59868
      View Details
    • $1,200,000

      Seeley Lake Development Land

      20 acres of land suitable for various development projects.
      281 Daisy Lane, Seeley Lake, MT 59868
      View Details
    • $130,000

      Seeley Lake Land Parcel

      0.53 acre lot in trail-oriented mountain community.
      289 Seclusion Point, Seeley Lake, MT 59868
      View Details
    • $1,480,000

      Seeley Lake Bar, Grill, Casino

      Profitable bar, grill, and casino with additional income streams.
      3189 Hwy 83 N, Seeley Lake, MT 59868
      View Details
    • $120,000

      Seeley Lake Land for Sale

      2.25 acres in Double Arrow Subdivision, Seeley Lake, Montana.
      1274 Grandview Drive, Seeley Lake, MT 59868
      View Details
    • $1,000,000

      Montana Land with Development Potential

      95 acres in Seeley Lake with existing infrastructure.
      42722 Elbow Lake Road, Seeley Lake, MT 59868
      View Details
    • $219,500

      Seeley Lake Land For Sale

      6+ acre property in Double Arrow Ranch subdivision, Seeley Lake.
      139 Montana View Drive, Seeley Lake, MT 59868
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 3.75-acre waterfront lot in Seeley Lake, Montana.
    Where is this waterfront land located?
    The property is located at 265 N Canyon Drive Seeley Lake, MT.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Waterfront property on Trail Creek with Swan Mountain views.; Large 3.75‑acre level lot, ideal for building.; No HOA or CCRs, offering freedom and flexibility.
    (406) 529-5272
    We can help!
    Listing Contact
    Jeffery Micklitz
    Real Estate License ID: RRE-BRO-LIC-127161
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    265 N Canyon Drive, Seeley Lake, MT 59868
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!