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Agricultural Land with Build Site
For Sale
$4,875,000

Penwell Bridge Road, Belgrade, MT 59714

Land, Belgrade, MT

Property SizeContact for details
Lot Size313.44 Acres
Days on Market247

Property Features for Penwell Bridge Road

General Information

Property type Land
Property subtype Other
Zoning description AR - Agricultural & Rural Residential
Lot features Level
View River, Mountains
Directions From Bozeman, N on Springhill Rd, W on Penwell Bridge Rd, N on Wes David Rd/Backlin Rd, West on Wes Davis Rd.
Subdivision 2N - Boz Area N of I90/City
Standard status Active
APN REG63629
Lot size 313.44 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description S28, T01 N, R05 E, C.O.S. 2973, PARCEL 5, ACRES 313.44
Tax Annual Amount 1332
Legal Description S28, T01 N, R05 E, C.O.S. 2973, PARCEL 5, ACRES 313.44

Utilities

Water front features Creek
Water front 1
Listing Agency: Tamara Williams and Company
Listed By: Tamara Williams · License #BRO-53659
Added: Dec 17, 2025 Changed: Aug 19 Last Checked: Aug 21 at 9:06AM
MLS# 407612

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

Investment Insights

Based on property information with market context.

This agricultural property is a legacy farm offering sub-irrigated production with alfalfa and naked oaks, supported by some of the oldest water rights from Ross Creek. South Fork Ross Creek meanders through the property, providing an irrigation water source and contributing to the site’s scenery.

Spanning 313.44 acres in Gallatin County, the land is protected by a conservation easement that limits development to an approximately 8-acre designated build site. The build site is located on the far north end of the property.

The overall setup is structured to preserve agricultural and environmental value while allowing development on the designated portion, with the remainder maintained for farming operations.

Key Highlights

  • 313‑acre legacy farm just outside Bozeman in the Gallatin Valley
  • Some of the oldest water rights from Ross Creek, with the South Fork Ross Creek meandering through the property
  • Sub‑irrigated farm with alfalfa and naked oaks plus other crops

Property Analytics

Current Use

Agricultural land / Farmland

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 59714, MT

22,333
Population
10,043
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
418.2 sq mi
ZIP Area
53
Density / Sq Mi
$89,217
Median Household Income
$47,587
Median Earnings
$1,558
Median Rent
$490,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Sub-irrigated legacy farm with established water source, conservation easement, and an 8-acre designated build site.
Where is this agricultural land / farmland located?
The property is located at Penwell Bridge Road Belgrade, MT.
What is the asking price?
The asking price for this property is $4,875,000.
What are key features of this property?
This property features: 313‑acre legacy farm just outside Bozeman in the Gallatin Valley; Some of the oldest water rights from Ross Creek, with the South Fork Ross Creek meandering through the property; Sub‑irrigated farm with alfalfa and naked oaks plus other crops
More about this property
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