37906 Baxter Rd Hot Springs, MT 59845
This exceptional 392-acre Montana ranch, located at 37906 Baxter Rd, Hot Springs, MT 59845, presents a unique investment opportunity. The property encompasses four parcels and includes a charming, updated century-old farmhouse (2,484 sq ft, built in 1924) offering three bedrooms, two bathrooms, basement insulation, water filtration, and a cozy upstairs area with a Murphy bed. Modern comforts blend seamlessly with the historic character, creating a truly unique living experience. Outdoor amenities include a covered patio, offering breathtaking views of the surrounding landscape. The ranch is currently home to 25 bison, contained within sturdy electric fences powered by a 10,000-volt speedrite electric charger. Two artesian wells provide ample water, complete with irrigation rights. Further enhancing the property's functionality are a fenced garden, a combined garage/shop, a guest/rental trailer, active beehives, a hen house, and an implement shed. The property borders CSKT Tribal Land to the north, adding to its rich heritage and tranquil setting. The land also includes parcels along the Little Bitterroot River. Offered at $999,000, this property represents a rare chance to own a piece of Montana's history and natural beauty. This is more than just a ranch
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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