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    316 Caye Dr Elmo, MT 59915

    For Sale
    $155,000

    4.58 Acres, Lake & Mountain Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Prime 4.58-acre residential lot awaits in the desirable Chief Cliff Estates, Elmo, Montana. This exceptional property boasts breathtaking views of Flathead Lake and the Mission Mountains, offering a tranquil setting just minutes from the Big Arm Resort. Situated on the first lot entering the subdivision off Highway 28 onto Caye Drive, this location provides convenient access while maintaining a secluded feel. The property is subject to Chief Cliff Estates Covenants, Conditions, and Restrictions (CC&Rs) and an annual HOA fee of $200, with potential additional fees for extra maintenance. Prospective buyers are responsible for obtaining necessary well and water rights approval through the Flathead Reservation Management Board (information available via the DNRC regarding the CSKT Water Compact) and permits for a county-approved septic system. Detailed CC&Rs, HOA rules, and architectural review information are available upon request. This is an unparalleled opportunity to build your dream home in a stunning Montana location. The property's address is Lot 316 Caye Drive, Elmo, MT 59915. Asking price: $155,000.

    Property Features for 316 Caye Dr

    General Information

    Property type
    Land
    Lot Size
    199,505 SF

    HighLights

    • $155,000 asking price.
    • 4.58‑acre residential land lot.
    • Located in Elmo, MT, in the Chief Cliff Estates subdivision, minutes from Flathead Lake and Big Arm Resort.
    • Offers beautiful views of Flathead Lake and the Mission Mountains.
    • Buyer responsible for well/water rights and septic system permits; $200 annual HOA fee (plus potential additional fees).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elmo
    County
    Lake
    State
    Montana
    Longitude
    -114.3576506
    Latitude
    47.8373296

    Nearby Comparable

    • $168,000
      5.02 Acres

      Elmo, MT Lakefront Land - 5 Acres

      Build your dream home with stunning lake views.
      0 Nhn Caye Dr, Elmo, MT 59915
      View Details
    • $140,000
      0.16 Acres

      Elmo Montana Residential Land

      .16-acre fenced lot, fixer-upper home, city utilities.
      46899 1 St, Elmo, MT 59915
      View Details
    • $350,000
      5.40 Acres

      Big Arm Meadows Land - 5.4 Acres

      Montana residential land; build your dream home.
      45881 Lark Ct, Big Arm, MT 59910
      View Details

    FAQs

    What type of property is this?
    Land - 4.58 Acres, Lake & Mountain Views
    Where is this land located?
    The property is located at 316 Caye Dr Elmo, MT.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: $155,000 asking price.; 4.58-acre residential land lot.; Located in Elmo, MT, in the Chief Cliff Estates subdivision, minutes from Flathead Lake and Big Arm Resort.
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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

    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.

    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
    316 Caye Dr Elmo, MT 59915
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