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$399,000
1 Beds ⋅ 1 Baths ⋅ 413537 MLS
Historic charm, timeless character, and future potential all come together at this one-of-a-kind Belgrade cottage. Situated on two city lots in one of Belgrade's established neighborhoods, this inviting home offers the warmth and craftsmanship that's becoming increasingly difficult to find. Inside, rich wood floors, original trim, oversized windows, and a beautiful stone hearth with a cozy wood stove create spaces full of character and comfort. The spacious kitchen flows naturally into the dining and living areas, while vintage details—including a classic clawfoot tub, warm wood finishes, and thoughtfully preserved architectural elements—celebrate the home's historic appeal. New siding provides added peace of mind while enhancing the home's curb appeal. Step outside to enjoy a surprisingly private backyard framed by mature trees and landscaping. The detached garage and separate studio building with electricity and a wood stove provide exceptional flexibility for hobbies, creative pursuits, a workshop, home office, or additional storage. Beyond its charm, this property also offers exciting long-term possibilities. The double city lot presents future flexibility, and according to the City of Belgrade Planning Department, an accessory dwelling unit (ADU) may be permitted if incorporated into the primary residence or constructed above a detached garage, subject to zoning, setback requirements, and City approval. Buyers are encouraged to verify all development opportunities independently. Located just minutes from downtown Belgrade, parks, schools, shopping, dining, Bozeman Yellowstone International Airport, and an easy commute to Bozeman, this home offers the perfect blend of historic character, modern convenience, and future opportunity. Whether you're searching for a home filled with personality, a property with room to grow, or an investment in one of Gallatin Valley's most desirable communities, 515 Silverbow is a rare opportunity that's ready for its next chapter.

515 Silverbow, Belgrade
$925,000
3 Beds ⋅ 2 Baths ⋅ 413549 MLS
Welcome to a rare opportunity to own a piece of Montana history just minutes from both Bozeman and Belgrade. Located off Springhill Road, this unique 2 acre property was once the site of the original East Gallatin Grange Hall and the community's one room schoolhouse in the late 1800s. Rich in history and surrounded by the beauty of the Gallatin Valley, this property offers a setting that is difficult to find. The property includes two 1 acre parcels, giving you the flexibility to build a second home, create a multi generational property, invest for the future, or simply enjoy the extra space and privacy. With no covenants, the possibilities are wide open. The 2,320 square foot home features three bedrooms, two bathrooms, a two car garage, and additional shop space for projects, storage, or hobbies. Whether you choose to move in and enjoy it as it is or update it to match your own style, this property offers a solid foundation and endless potential. Surrounded by mature trees and neighboring farmland, the setting is peaceful and private while still being only minutes from everything Bozeman and Belgrade have to offer. The East Gallatin River is just down the road, providing excellent fly fishing and easy access to one of the area's favorite recreational destinations. There is plenty of room for gardens, chickens, goats, horse or other hobby farm dreams. The combination of usable land, two legal parcels, rental potential, and a location in one of the Gallatin Valley's most desirable rural communities makes this an exceptional opportunity. Properties with this much flexibility, history, and potential rarely come to market. If you have been looking for a place where you can enjoy the Montana lifestyle with room to grow, this is one you will want to see. At closing, Seller agrees to credit Buyer up to $20,000 to be applied toward Buyer's allowable closing costs, prepaid items, and or permanent or temporary interest rate buydowns.

5321 E Gallatin, Belgrade
$5,390,000
409694 MLS
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.

4186 Stimson Lane, Belgrade
$5,390,000
4 Beds ⋅ 2 Baths ⋅ 409693 MLS
Nestled in the picturesque Springhill area of Gallatin Valley, the Star M estate is set on 33 sprawling acres and features the landmark Star M barn. The historic, hand-raised barn—originally built in 1917—has been meticulously restored and renovated from 2018 to the present. The barn is an iconic feature, blending rustic character with modern upgrades like fire suppression system and high-speed internet. The main level of the barn is outfitted with horse stalls, offering immediate equestrian use. The upper level has been used as a wedding venue in recent years, offering views of Ross Peak and the Bridger mountains, along with a seasonal creek that meanders through the beautifully kept grounds. For those seeking small-scale agricultural or equestrian opportunities, the property includes a corral, small smokehouse, and two squeeze chutes. Additionally, the north and south 10-acre pastures remain undeveloped and leased for farming, offering agricultural use and tax benefits. The property also includes multiple residential structures, supporting flexible farm or ranch living. The reclaimed lumber main guest house, completed in 2022, features three bedrooms and two baths, while the renovated original farmhouse offers four bedrooms and two baths, along with a new furnace and septic system. A newly finished guest cabin with one bedroom and one bath provides additional space for guests or income potential as a VRBO/Airbnb rental (2024). Additional amenities include a heated and insulated 40x60 shop (built in 2021), ideal for equipment or hobby use, a renovated shed converted into office space, and an RV pad with full hookups. With all-new electrical (800-amp service), four wells and three new septic systems—two allowing for added structures—the property is well-suited for future expansion or possible subdivision. Whether you envision it as a small farm, horse property, or rural acreage close to Bozeman, Star M Barn is one of a kind. Schedule your private tour today!

4186 Stimson Lane, Belgrade
$5,390,000
4 Beds ⋅ 2 Baths ⋅ 408804 MLS
The unique Star M estate is set on 33 acres and offers breathtaking views of the Bridger Mountains and Ross Peak, with Bostwick Creek flowing through the property seasonally. Located just 8 miles from Bozeman and 10 minutes from BZN/Yellowstone International Airport, it provides the perfect balance of rural tranquility and convenience to all that Bozeman and the Gallatin Valley have to offer. The property features multiple residences, each blending comfort with Montana elegance. The main guest house (2022, 1,788± sqft) blends timeless rustic character with refined, high-end finishes. Its open-concept layout flows from a well-appointed kitchen into dining and living areas anchored by a wood-burning stove, with expansive windows framing incredible views. Two bedrooms and two baths are on the main level, with a non-egress bedroom, office, and utility space below. The renovated farmhouse blends original charm with modern updates, including refinished hardwood floors, and an updated kitchen. Offering 4 bedrooms and 2 baths across two levels with a basement, the layout provides generous spaces and comfortable living. A newly completed (2024) one-bedroom, one-bath guest cabin (650± sqft) is designed with reclaimed lumber and modern finishes, and offers ideal guest accommodations or a turnkey VRBO/Airbnb opportunity. Breathtaking views are captured from every direction. The landmark barn is a masterpiece of rustic charm and historic significance. Thoughtfully designed lighting and a new propane fire-pit make it an exceptional space for gatherings, personal use, or events. Currently, the space serves as a seasonal wedding venue. For agricultural or equestrian use, the property offers a corral area, small smokehouse, and two squeeze chutes. Additional amenities include a heated, insulated 40x60 shop (2021), a renovated shed office, and RV pad with full hookups. With all-new 800-amp electrical service, four wells, and three new septic systems—two allowing additional structures—the property is primed for expansion or development. Two 10-acre pastures to the north and south of the main homestead remain undeveloped and leased for farming, but offer opportunity for subdivision. This extraordinary Montana property offers a blend of history, luxury, and limitless possibilities. Whether envisioned as a private retreat, multigenerational property, wedding venue or legacy holding, the Star M estate is truly one of a kind. Schedule your private tour today.

4186 Stimson Lane, Belgrade
$799,000
409076 MLS
SELLER OFFERING $15,000 CREDIT AT CLOSING FOR RATE BUY-DOWN, CLOSING COSTS, OR YOUR CHOOSING! Completely updated while preserving its original charm, this spacious Belgrade home sits on over a quarter-acre lot with a huge yard, just blocks from Main Street and minutes to the airport, schools, and everyday amenities. Thoughtfully renovated from top to bottom, the home features new trim, doors, flooring, tile showers, lighting, and heating—blending timeless character with modern comfort. The kitchen has been fully remodeled with new cabinetry, quartz countertops, and stainless steel appliances, opening seamlessly to the dining area and expansive living room for an easy, connected feel. Three secondary bedrooms and an updated full bath provide flexibility, while the oversized primary suite stands out with a beautiful fireplace centerpiece and generous proportions. The adjoining primary bathroom remains ready for personalization—an opportunity to design a space tailored entirely to your style. Adding tremendous value is the ground-level ADU with private entrance—ideal for guests, rental income, a home office, or business use. Its proximity to the airport and downtown Belgrade makes it especially appealing for flexible living or income potential. With alley access, abundant parking, and a storage shed included, this property delivers both practicality and opportunity—all in a location that offers space and established character beyond the newer subdivisions.

91 E Allison Avenue, Belgrade
$799,000
6 Beds ⋅ 3 Baths ⋅ 409029 MLS
SELLER OFFERING $15,000 CREDIT AT CLOSING FOR RATE BUY-DOWN, CLOSING COSTS, OR YOUR CHOOSING! Completely updated while preserving its original charm, this spacious Belgrade home sits on over a quarter-acre lot with a huge yard, just blocks from Main Street and minutes to the airport, schools, and everyday amenities. Thoughtfully renovated from top to bottom, the home features new trim, doors, flooring, tile showers, lighting, and heating—blending timeless character with modern comfort. The kitchen has been fully remodeled with new cabinetry, quartz countertops, and stainless steel appliances, opening seamlessly to the dining area and expansive living room for an easy, connected feel. Three secondary bedrooms and an updated full bath provide flexibility, while the oversized primary suite stands out with a beautiful fireplace centerpiece and generous proportions. The adjoining primary bathroom remains ready for personalization—an opportunity to design a space tailored entirely to your style. Adding tremendous value is the ground-level ADU with private entrance—ideal for guests, rental income, a home office, or business use. Its proximity to the airport and downtown Belgrade makes it especially appealing for flexible living or income potential. With alley access, abundant parking, and a storage shed included, this property delivers both practicality and opportunity—all in a location that offers space and established character beyond the newer subdivisions.

91 E Allison Avenue, Belgrade
$1,200,000
406539 MLS
DOWNTOWN BELGRADE NNN LEASED INVESTMENT PROPERTY WITH A 10 YEAR LEASE AT 6.4%+ CAP RATE! Looking for a solid long-term income stream? Want an ideal location? Prefer multi-tenant to hedge the risk of vacancy? Like a hedge against inflation with annual increases tide to CPI? Desire value-add opportunity with room to expand? Enjoy working with creative, open-minded Sellers? This property has it all! It is a 4000sf building with the possibility of expansion in block 1 of the original townsite of Belgrade, MT across the street from the large public parking lot. The main floor tenant (over 70% of the current leasable space) recently signed a 10-year absolute NNN lease with annual CPI (with 3% minimum) increases. 5 of 6 upstairs (could easily be 8) smaller offices leased on 1yr NNN leases (with one being a gross lease). $77,500+ NOI! Call on this one today.

23 W Main Street, Belgrade
$2,950,000
5 Beds ⋅ 3 Baths ⋅ 404097 MLS
Set on 140± acres of open rangeland northwest of Belgrade, Hidden Spring Hills offers a rare chance to own a vast and unspoiled piece of the Gallatin Valley—an increasingly scarce opportunity in a region undergoing rapid development. This land is the main event: wide horizons, unobstructed mountain views, and a quiet that speaks to what Montana once was. Minimal covenants. No HOA. No commercial encroachment. Just space, sky, and possibility. Beautiful rolling acreage with water rights (a 350 gpm irrigation well stands ready for a future owner to put water to work) and southern exposures offers pasture land for horses and livestock as well as space for all of your recreational needs– horseback riding through sunlit meadows, hiking hidden trails, sledding down snow-covered hills, cross-country skiing, or quietly observing the rhythm of wildlife in every season. Develop your own trails or follow the game trails that take you past distinctive rock outcrops, a small hidden natural spring, ravines and meadows sheltering wildlife, birds, flowers, and native grasses. At the heart of the parcel stands the historic Quaw Mansion– a Queen Anne landmark built in 1892 and relocated here decades ago as part of a preservation effort. The structure has been stripped to the studs and has roughed in plumbing and electrical. Its architectural bones and period details remain, waiting for a future owner to restore its legacy or reimagine its footprint. A fully finished walk-out basement provides comfortable living quarters while plans for the upper levels take shape. A detached 40'×40' shop adds valuable space for equipment, toys, or staging a renovation. Indulge in blue-ribbon fishing on the East Gallatin River, just three minutes away, or plan an adventure into the nearby Gallatin National Forest, offering big game hunting and camping. From the homesite, take in spectacular views overlooking the East Gallatin and the rural farms and ranches that sweep outward to meet the majesty of five surrounding mountain ranges. With its scale, privacy, water, wildlife, and storied past, this property is ideal for someone seeking solitude, long views, and a tangible connection to the valley’s heritage—before the subdivisions, before the traffic, before the sprawl. Whether preserved, rebuilt, or redefined, the land speaks for itself.

5835 Spaulding Bridge Road, Belgrade
$2,950,000
5 Beds ⋅ 404101 MLS
Set on 140± acres of open rangeland northwest of Belgrade, Hidden Spring Hills offers a rare chance to own a vast and unspoiled piece of the Gallatin Valley—an increasingly scarce opportunity in a region undergoing rapid development. This land is the main event: wide horizons, unobstructed mountain views, and a quiet that speaks to what Montana once was. Minimal covenants. No HOA. No commercial encroachment. Just space, sky, and possibility. Beautiful rolling acreage with water rights (a 350 gpm irrigation well stands ready for a future owner to put water to work) and southern exposures offers pasture land for horses and livestock as well as space for all of your recreational needs– horseback riding through sunlit meadows, hiking hidden trails, sledding down snow-covered hills, cross-country skiing, or quietly observing the rhythm of wildlife in every season. Develop your own trails or follow the game trails that take you past distinctive rock outcrops, a small hidden natural spring, ravines and meadows sheltering wildlife, birds, flowers, and native grasses. At the heart of the parcel stands the historic Quaw Mansion– a Queen Anne landmark built in 1892 and relocated here decades ago as part of a preservation effort. The structure has been stripped to the studs and has roughed in plumbing and electrical. Its architectural bones and period details remain, waiting for a future owner to restore its legacy or reimagine its footprint. A fully finished walk-out basement provides comfortable living quarters while plans for the upper levels take shape. A detached 40'×40' shop adds valuable space for equipment, toys, or staging a renovation. Indulge in blue-ribbon fishing on the East Gallatin River, just three minutes away, or plan an adventure into the nearby Gallatin National Forest, offering big game hunting and camping. From the homesite, take in spectacular views overlooking the East Gallatin and the rural farms and ranches that sweep outward to meet the majesty of five surrounding mountain ranges. With its scale, privacy, water, wildlife, and storied past, this property is ideal for someone seeking solitude, long views, and a tangible connection to the valley’s heritage—before the subdivisions, before the traffic, before the sprawl. Whether preserved, rebuilt, or redefined, the land speaks for itself.

5835 Spaulding Bridge Road, Belgrade
$2,950,000
5 Beds ⋅ 3 Baths ⋅ 403844 MLS
Set on 140± acres of open rangeland northwest of Belgrade, Hidden Spring Hills offers a rare chance to own a vast and unspoiled piece of the Gallatin Valley—an increasingly scarce opportunity in a region undergoing rapid development. This land is the main event: wide horizons, unobstructed mountain views, and a quiet that speaks to what Montana once was. Minimal covenants. No HOA. No commercial encroachment. Just space, sky, and possibility. Beautiful rolling acreage with water rights (a 350 gpm irrigation well stands ready for a future owner to put water to work) and southern exposures offers pasture land for horses and livestock as well as space for all of your recreational needs– horseback riding through sunlit meadows, hiking hidden trails, sledding down snow-covered hills, cross-country skiing, or quietly observing the rhythm of wildlife in every season. Develop your own trails or follow the game trails that take you past distinctive rock outcrops, a small hidden natural spring, ravines and meadows sheltering wildlife, birds, flowers, and native grasses. At the heart of the parcel stands the historic Quaw Mansion– a Queen Anne landmark built in 1892 and relocated here decades ago as part of a preservation effort. The structure has been stripped to the studs and has roughed in plumbing and electrical. Its architectural bones and period details remain, waiting for a future owner to restore its legacy or reimagine its footprint. A fully finished walk-out basement provides comfortable living quarters while plans for the upper levels take shape. A detached 40'×40' shop adds valuable space for equipment, toys, or staging a renovation. Indulge in blue-ribbon fishing on the East Gallatin River, just three minutes away, or plan an adventure into the nearby Gallatin National Forest, offering big game hunting and camping. From the homesite, take in spectacular views overlooking the East Gallatin and the rural farms and ranches that sweep outward to meet the majesty of five surrounding mountain ranges. With its scale, privacy, water, wildlife, and storied past, this property is ideal for someone seeking solitude, long views, and a tangible connection to the valley’s heritage—before the subdivisions, before the traffic, before the sprawl. Whether preserved, rebuilt, or redefined, the land speaks for itself.

5835 Spaulding Bridge Road, Belgrade

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.