5464 MT Highway 35$995,000
Kalispell, MT
4 BEDS, 2 BATHS, 17.64 ACRES
$995,000
Property Details
BIG PICTURE
HOME
4
BEDS
2
BATHS
17.64
ACRES
Description
RARE INVESTMENT OPPORTUNITY ON MONTANA HIGHWAY 35! Conveniently situated between Kalispell, Bigfork, and Columbia Falls, this unique property offers outstanding development potential and is listed below market value per acre. With two access points directly off Hwy 35 and an impressive 5%+ cap rate, this is your chance to secure a high-performing, income-generating property in a prime location. Zoned for flexibility, the property allows for minor or major subdivision, family transfer subdivisions, and business development—all with utilities already in place and generating income. Whether you plan to subdivide, build homes, launch a business, or do all three, this land offers limitless potential. Enjoy stunning panoramic views, expansive lot configurations, and the ability to create beautiful water features from the existing ponds. Located within the Scenic Corridor and Bigfork School District, this property has minimal restrictions and unmatched versatility. At the heart of the parcel is a charming 1933 log home, featuring 4 bedrooms, 2 bathrooms, and 2,494 square feet of rustic character. The home supports conventional financing and is currently rented for $3,700/month, offering options to: Continue generating rental income; Section off and sell the home to recoup much of your investment; or Live onsite while developing the land. Additional features include: Three separate income streams; Two RV hookups with electric and septic clean-outs; and Dual entrances for ease of access and traffic flow. This is truly a phenomenal land and home opportunity on the highly desirable Montana Highway 35. Showings by appointment only. To minimize disruption to tenants, parcel showings are preferred, initially. At least 24-hour notice required for home interior showings.PRICE
$995,000
FEATURES
- MLS #: 30052322
- Lot: 768,398.40 sqft
- Single-Family
- Built in 1933
- Full Bathrooms: 1
- Half Bathrooms: 1
- Heating: Electric, Forced Air
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