477 Reese Creek Rd Belgrade, MT 59714
- Commercial real estate
- 1,180 SF
- 29.87 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 477 Reese Creek Rd
- Year built
- 1900
- Lot size
- 29.87 lot acres
- Property size
- 1,180 SF
- Property type
- Commercial real estate
Description
This exceptional 29.87-acre property, located approximately six miles north of Belgrade, Montana, and Bozeman's airport, presents a unique investment opportunity. The land boasts easy year-round access and features two separate homes, each with its own well and septic system. One home is a farmhouse currently generating rental income, providing a steady stream of revenue. The second home is a Guerdon manufactured home, also ideal for rental purposes, and includes an oversized, 1,120-square-foot insulated garage. Adding to the property's versatility is a former Foster Creek schoolhouse, now creatively repurposed as a garage on a concrete slab. This charming structure retains its original wainscoting and is equipped with a propane heater. Two additional barns provide ample storage space, but their potential extends far beyond simple storage, offering exciting possibilities for expansion or adaptation. The absence of zoning or covenants allows for a wide range of creative uses, making this property a truly exceptional find. The main house has 1,180 square feet of living space. This property is priced at $3,900,000 and offers a rare blend of established income potential and significant development opportunities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belgrade
- County
- Gallatin
- State
- Montana
- Longitude
- -111.1496
- Latitude
- 45.84986
