Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Yellowstone Riverfront Land Opportunity Title is generated by Realmo AI

    US HWY 89 S, Gardiner, MT 59030

    View on Map
    Claim this Listing
    New
    For Sale
    $799,000

    LAND - Gardiner, MT

    Lot size:
    2.61 Acres
    Added:
    May 19, 2026
    Days on Market:
    3
    Last Refresh:
    May 21 at 12:06 pm

    Property Features for US HWY 89 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0004972010
    Lot size
    2.61 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    S13, T08 S, R07 E, C.O.S. 2447CO, PARCEL 9A-2, ACRES 2.61
    Tax Annual Amount
    1864

    Utilities

    Water front features
    Creek, River Front
    Water front
    1

    We can help!

    Listing Contact
    Rick Eisen

    Listing agent Rick Eisen License #BRO-54692

    Listing office Legacy Lands, LLC 1106 W Park St Ste. 20 #169, Livingston, MT

    Listing date May 19, 2026

    MLS# 411249 Listing URL

    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.

    HighLights

    • Rare Yellowstone River frontage with unobstructed views of Sphinx Mountain and Electric Peak.
    • Prime location: Just 10 minutes from Gardiner and the North Entrance to Yellowstone National Park.
    • Approximately 100 yards of world‑class fly fishing directly accessible from the property.
    • Elevated building site offering privacy and panoramic views.
    • Convenient access to nearby towns: 20 minutes to Emigrant, 45 minutes to Livingston, and just over an hour to Bozeman.
    • Easy travel access with Bozeman International Airport 75 minutes away and Mission Field 45 minutes away.

    Overview

    This 2.6-acre property features Yellowstone River frontage with views of Sphinx Mountain and Electric Peak. It is located 10 minutes from Gardiner and the North Entrance to Yellowstone National Park, offering direct river access. The elevated building site is situated on a natural bench above a lower field, providing privacy and views of the river and surrounding peaks. Approximately 100 yards of river frontage allow for fly fishing, while nearby public access points offer opportunities for rafting, wildlife viewing, and seasonal recreation. The location is 20 minutes from Emigrant's amenities, including Chico Hot Springs, Sage Lodge, and the Old Saloon, and 45 minutes from Livingston. Bozeman is just over an hour away, offering a wider variety of shopping, dining, and additional amenities. Travel is facilitated by Bozeman International Airport, 75 minutes away, and Mission Field, 45 minutes away. This property is located on US HWY 89 S, Gardiner, MT 59030.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Gardiner
    County
    Park
    State
    Montana
    Longitude
    -110.719865
    Latitude
    45.0378743

    Nearby Similar for Sale

    • $975,000

      Rustic Multi-Family Near Yellowstone

      Unique multi-family property near Yellowstone's North Entrance.
      495 Jardine Road, Gardiner, MT 59030
      View Details
    • $1,995,000

      VRBO Investment Near Yellowstone Park

      Turnkey VRBO investment property near Yellowstone National Park's north entrance.
      305 Spring Street, Gardiner, MT 59030
      View Details
    • $1,799,000

      Gardiner, MT Multifamily Investment Property

      Four turnkey apartments near Yellowstone's entrance, ideal for vacation rentals.
      301 Spring Street, Gardiner, MT 59030
      View Details
    • $1,995,000
      4,000 SF

      Turnkey VRBO near Yellowstone

      Thriving VRBO business opportunity near Yellowstone National Park.
      305 Spring Street Unit A-D, Gardiner, MT 59030
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Rare 2.6-acre property with Yellowstone River frontage near Gardiner.
    Where is this waterfront land located?
    The property is located at US HWY 89 S Gardiner, MT.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Rare Yellowstone River frontage with unobstructed views of Sphinx Mountain and Electric Peak.; Prime location: Just 10 minutes from Gardiner and the North Entrance to Yellowstone National Park.; Approximately 100 yards of world‑class fly fishing directly accessible from the property.
    (406) 223-6872
    We can help!
    Listing Contact
    Rick Eisen
    Real Estate License ID: BRO-54692
    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
    US HWY 89 S, Gardiner, MT 59030
    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!