Property profile

35 Water Works Rd Red Lodge, MT 59068

OFF-MARKET
Land
126 ac lot
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Property summary

AI-generated overview

This exceptional 126-acre property near Red Lodge, Montana, presents a rare opportunity for development or a private estate. Located just south of Red Lodge, it boasts breathtaking 360-degree views of the surrounding mountain ranges and the town itself. Rock Creek and Spring Creek meander through the northern and western portions of the land, creating a tranquil setting. The versatile terrain offers significant potential for creating exclusive residential home sites or a single expansive estate. City water is available along Water Works Road. This generational property, held by the same family for over a century, offers unparalleled privacy and access to a vibrant community. Red Lodge itself is a thriving town with a population of approximately 2,500, situated at an elevation of 5,500 feet. The town is known for its commitment to healthy living, sustainable practices, and numerous amenities including over 25 parks, public fitness centers, a state-of-the-art high school, and excellent healthcare facilities. Red Lodge also boasts a strong sense of community, with over 45 non-profit organizations and an active volunteer network. Its location at the base of the Beartooth All-American Road, one of the top 10 scenic drives in America, provides easy access to outdoor recreation and Yellowstone National Park. This is a truly remarkable property, offering a unique blend of natural beauty, community amenities, and development potential. The asking price is $2,200,000. The APN is 0006080700.

Property profile

Verified
Property type Land
Lot 126 ac (5,488,560 SF)

Cap rate & NOI

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

Location

35 Water Works Rd Red Lodge, MT 59068
Red Lodge metro
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Value estimations

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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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