Property profile

121 Granite Rd Philipsburg, MT 59858

OFF-MARKET
Land
18.3 ac lot
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Property summary

AI-generated overview

This exceptional 18.3-acre property, located at 121 S Granite Road, Philipsburg, Montana 59858, presents a unique opportunity. Situated approximately five miles east of Philipsburg, this land consists of two contiguous parcels bordering Forest Service land. A partially completed cabin project is underway, featuring a poured concrete foundation with a subfloor already in place. A reliable spring provides water, though flow may reduce during exceptionally dry years. The property is accessible via an existing road. The sale includes deed restrictions designed to maintain the natural beauty and tranquility of the area. These restrictions prohibit commercial feedlots, clear-cutting, further subdivision, and the placement of mobile or modular homes. However, the construction of a high-quality log cabin is permitted. Additional restrictions include limitations on junk, debris, and inoperable vehicles, as well as requirements for adequate animal containment and a maximum of one animal per two acres. This property offers a blend of privacy, natural beauty, and potential for a secluded mountain retreat, subject to the outlined deed restrictions. The asking price for this remarkable land is $300,000.

Property profile

Verified
Property type Land
Lot 18.3 ac (797,148 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Granite Rd Philipsburg, MT 59858
Philipsburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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