2980 Mt-83, Seeley Lake, MT 59868
This exceptional 20.01-acre parcel of land presents a unique investment opportunity in the desirable Seeley Lake, Montana area. Located on Highway 83, this nearly level property boasts frontage on Morrell Creek, a scenic fishery. The land is conveniently served by the Seeley Lake Water District, with existing electric and fiber installations. A completed groundwater monitoring report permits a maximum of 5,000 gallons per day, suitable for a substantial development. Envision a tap house and grill, complemented by three creek-front rental cabins or even a larger hotel. The property's existing water rights to an adjacent irrigation canal offer additional non-consumptive ponding potential. Previously hosting the Bob Marshall Music Festival, this location offers established infrastructure and high recreational appeal. The property features mountain and wooded views, with a mostly level landscape and sparse tree coverage. This prime location offers significant potential for a variety of commercial and recreational ventures. The asking price is $1,200,000.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.