BIG PICTURE
Commercial
3641.00
FT2
33.84
ACRES
Description
Positioned for commercial potential in the highly sought-after Springhill area of Gallatin Valley, this property offers 33 acres with 20+/- acres eligible for subdivision or future development. With no HOA and no active covenants, this property presents a rare opportunity for investors, event operators, or equestrian ventures seeking flexibility and expansion potential just 8 miles from Bozeman and 10 minutes from BZN/Yellowstone International Airport.
At the heart of the property, the historic Star M Barn—originally hand-raised in 1917 and extensively restored from 2018 to present—offers exceptional versatility as an established seasonal wedding venue, with potential for expanded event operations or alternative commercial uses such as an equestrian facility. The barn features a fire suppression system, high-speed internet capability, LED lighting, and a propane fire pit, creating an inviting and functional gathering space.
Set against sweeping views of the Bridger Mountains and Ross Peak, the property includes a seasonal creek flowing through the property. Multiple residential structures enhance both livability and income potential, including a 3 bed, 2 bath reclaimed lumber guest house (2022), a newly completed 1 bed 1 bath guest cabin (2024) and an upgraded 4 bed, 2 bath historical farmhouse with new furnace and septic. Additional improvements include a heated and insulated 40x60 shop (2021), converted office space, and an RV pad with full hookups.
For agricultural or equestrian operations, the property is equipped with a corral area, small smokehouse, and two squeeze chutes. The north and south 10-acre parcels remain undeveloped and are currently leased for farming, offering agricultural tax benefits.
Infrastructure is in place for future expansion, including 800-amp electrical service, four wells, and three septic systems—two of which allow for additional structures.
Combining commercial opportunity, development potential, and Montana heritage, Star M is a truly rare offering suited for investors, business owners, or those seeking a legacy property with multiple revenue streams.PRICE
$5,750,000
FEATURES
- MLS #: 409694
- Lot: 1,473,939.72 sqft
- Commercial
- Built in 1923
- Heating: Forced Air, Stove
- Price/sqft: $1,579.24
