Bozeman’s most expensive homes are naturally concentrated in some of the area’s most expensive neighborhoods. Among them are Bridger Canyon, Eagle Rock Reserve, Triple Tree Ranch, Black Bull Golf Community, and Manley Meadows. In addition, there are several locations outside of Bozeman that contain some of the area’s most expensive real estate.
This article come in two parts. The top half ranks the most expensive homes in Bozeman ever sold, by sales price. The bottom half ranks Bozeman’s priciest homes that are currently for sale.
The Most Expensive Homes Sold in Bozeman
11000 Horseshoe Cottonwood Rd, Three Forks, MT / List Price: $28 Million
The Crazy Elk Ranch was the most expensive home sold in Bozeman in 2021. Just 29± miles north of Bozeman, the 3,731± acre Crazy Elk Ranch is nestled atop the Horseshoe Hills in a private mixed and mature Douglas fir forest with views of Bozeman’s picturesque Gallatin Valley, the snowcapped Bridger Mountains, and the Missouri River Valley. Crazy Elk Ranch features a 9,690± SF 8 bed, 9 bath dream home designed by Locati Architects and built by Schlauch Bottcher Construction. The main home is situated at 6,300’ elevation, allowing for magnificent panoramic views from sunup to sundown. Enjoy a cup of coffee on the deck while watching the sunrise and wildlife come alive or a glass of wine in the in-ground hot tub as the sun slips below the mountains. This escape includes a 2,563± SF 3 bed, 3 bath guest home, barn for toys and gear, a hunting cabin, and a ranch manager’s home.
922 Mill Creek Road, Pray, MT / List Price: $14 Million
The 5 Bar 6 Ranch was the most expensive home sold in 2019. It is an extraordinary property located in the Mill Creek area of Montana’s famed Paradise Valley. At the crossroads of incomparable luxury and unspoiled wilderness, the 5 Bar 6 offers sanctuary from the outside world yet is just 25 miles from downtown Livingston. World-class amenities, sterling recreational attributes and extensive adjoining National Forest lands create a grand lifestyle accessible all year round. Approximately 2 miles of pristine Mill Creek flow through the ranch offering exceptional fly fishing. Three homes & 2 vintage cabins provide a total of 17 beds and 18.5 baths. Beautiful equestrian facilities, irrigated meadows, bountiful wildlife and striking views of mountain peaks dominate this magnificent +/- 240-acre property.
1220 Green Valley Way, Bozeman, MT / List Price: $12.9 Million
This 8,156 square foot 5 Bedroom 6 bath home sold in 2021. The 146 acre property is truly a top-of-the world experience with commanding mountain views abound from all angles. This idyllic ranch includes a smartly-appointed main house, guest house, and indoor riding arena, situated amongst miles of manicured horse/hiking trails. The main home is truly awe-inspiring, with soaring ceilings up to 31 feet, Brazilian Teak flooring, and breathtaking views looking out over Gallatin and Paradise Valley. The property boasts a spacious, four-bedroom guest house and 14,560 SF indoor riding arena equipped with 5 stalls, kitchen, full bathroom, tack room and additional equipment storage. Swim or fly fish in the ranch ponds, ride horses on over 9 miles of manicured trails, and sightsee this wildlife sanctuary of moose, elk, deer, and bear.
5350 River Road, Bozeman, MT / List Price: $12.5 Million
5350 River Road Ranch sold in 2021. The property includes 163± deeded acres with architecturally-designed improvements that perfectly accompany and elevate the spectacular Gallatin River front setting, creating a truly transcendent opportunity. The resplendent live water of the Gallatin River provides excellent trout fishing right out the door, and there are vast stands of mature cottonwood and aspen trees that surround the home creating a comforting sense of privacy and an abundance of welcoming filtered light. The native landscape is beautifully accompanied by spectacular gardens that create a colorful and artistic palate that transitions with the Montana seasons. The improvements are luxurious and elegant, yet rustic and easily balance with the agricultural production, wildlife, equestrian and recreational pursuits provided on the Ranch. Additional improvements include a shop building, pole barn for hay and equipment storage, and an outdoor riding arena.
171 Old Farm Road, Bozeman / List Price: $10.950 Million
This estate in Old River Farm was the most expensive home sold in Bozeman in 2020. The home was 7,728 square feet with 5 bedrooms and 7.5 bathrooms. A spectacular tribute to the Montana lifestyle. This luxury home speaks of quality and elevated architectural design from the moment you drive through the private gate. The stunning main home offers 3 bedrooms, 4 baths, yoga studio, wine cellar with dining area, theater, an oversized three-car garage and more. The guest home, attached via covered patio, has 3 en-suite bedrooms, loft area, kitchen and living room with fireplace. Elegant interior spaces extend effortlessly to the outdoor landscape. The home is situated on 21+/- magnificently landscaped acres which include expansive ponds teeming with rainbow trout, waterfalls, spa, lake house, multiple outdoor fireplaces and a chipping green. An entertainment barn and 5-car garage both with high-end finishes allow for endless possibilities. Designed by Jerry Locati as his family residence, this rare offering is truly a private sanctuary only 10 minutes to the amenities of downtown Bozeman.
Bozeman’s Most Expensive Home Listings
- 7980 Walker Road, Bozeman MT 59715 Other
Bozeman, MT 59715
PRICE: $69,000,000 STATUS: Active
BEDS: 4 BATHS: 5
MLS#: 392172
Located just minutes from the heart of Bozeman, Montana Running Elk Ranch is the most notable Gallatin Valley property to come on the market in recent history. It's unique local location, size of contiguous acreage and quality of it's substantial infrastructure rival virtually any property in it's class in the Rocky Mountain West. Encompassing 1940 +/- acres in one block with a 2-1/2 mile eastern border to over 72,000 acres of contiguous Gallatin National Forest land and west and south borders of nearly 900 acres of state land give the ranch a true "back to the wall" sense of privacy. Combine this privacy, acreage and infrastructure with being 11 miles from the core of downtown Bozeman and 10 miles from Bozeman Yellowstone International Airport truly make it one of a kind. Running Elk Ranch is a beautiful mixed terrain of Aspen meadows and Alpine timbered draws dropping off the Bridger Mountains into expansive rolling foothills and farmland all under the jaw dropping backdrop of Ross Peak and the Bridger Mountains to the east and the Spanish Peaks, Gallatin Peak and Tobacco Root Mountains to the south and west. Mizer Creek along with numerous other small springs flow from the mountain canyons contributing to the various water rights serving the property along with a braid of five separate ponds which stair step their way up into the lower Aspen groves. The privacy, abundant water and mixed terrain provide home and shelter to virtually every Rocky Mountain animal and bird species known including the ranches namesake, Elk, with a large local herd essentially residing on the property and bordering National Forest land. Owners will enjoy all that this incredible property has to offer from the comfort of homes and amenities designed and built to stand the test of time. With a mix of reclaimed wood, stone and steel combined with luxury fit and finish, Locati Architects and SBC combined to create warm and welcoming spaces that take advantage of the views and privacy of the land. The infrastructure is substantial, with a main home, alpine guest house, caretakers home, equipment shop and one of the largest indoor equine facilities in the area. Intermixed into the lower compound is a trap/skeet range, 1000 yard gun range, ponds, water features, fenced playground and outdoor riding arena all connected by over 10 miles of improved roads and trails including a new road and prepped site for another primary home on the bluff overlooking it all.
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Property Area: 2N - Boz Area N of I90/City Subdivision: Other
- 240 Horsetail Road, Bozeman MT 59715 Minor Subdivision
Bozeman, MT 59715
PRICE: $24,500,000 STATUS: Active
BEDS: 3 BATHS: 4
MLS#: 403944
Welcome to Lightfell—Where light, land and water meet and life slows down. This premier Montana estate offers the perfect fusion of modern luxury, a deep connection to the land, and functional design on 20 acres just outside Bozeman. Completed in 2024 by Centre Sky Architecture and Bridger Builders, this remarkable property includes a 5,655 SF main residence, a 1,990 SF guest home, and a 5,300 SF shop and entertainment facility—crafted for elevated everyday living and effortless entertaining. Every detail of the main home has been meticulously designed, from floor-to-ceiling windows framing panoramic Bridger Mountain views to the tranquil sightlines over your private 3-acre pond. Enjoy seamless indoor-outdoor living with heated patios, a sunken hot tub, outdoor gas fireplace, built-in grills, and beautifully manicured lawn and landscaping. Inside, the 3-bedroom main home features a sanctuary primary suite with vaulted ceilings, fireplace, spa-inspired bath with soaking tub and tile shower, and a generous walk-in closet complete with island and private laundry. An open-concept Great Room with temp-controlled wine room (approx. 150 bottles), workout room, two additional ensuite bedrooms and fenced raised garden beds round out this thoughtfully curated residence. The 4-bedroom guest home is ideal for hosting, offering two identical wings—each with a spacious large bedroom and bunk room—joined by a comfortable central living area. Guests can enjoy privacy without sacrificing connection. The 5,300 SF heated shop is a dream setup for Montana’s outdoor lifestyle. A 14'x15' pull-through bay and three additional garage doors accommodate RVs, toys, and gear. Inside, the Hunter’s Room provides a rustic gathering space with kitchenette, gas stove, and built-in safe. Additional amenities include a dog wash station, washer/dryer, and an upper level game room with billiards, foosball, and shuffleboard completed by a rooftop deck offering sweeping views of the Bridgers—perfect for summer sunsets or starry nights. This rare offering delivers privacy, space, and five-star comfort in one of Bozeman’s most desirable settings.
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Property Area: 2SE - Boz S of City E of 19th Subdivision: Minor Subdivision
- 354 Brass Lantern Court, Bozeman MT 59715 Minor Subdivision
Bozeman, MT 59715
PRICE: $17,500,000 STATUS: Active
BEDS: 7 BATHS: 5
MLS#: 402064
This exceptional 36.375-acre estate blends modern luxury with Montana’s breathtaking landscape, just over 4 miles from downtown Bozeman. The newly remodeled 9,787 sq. ft. residence, originally built in 1989 and transformed in 2022 by NVS Architects and Villa Homes, features seven bedrooms, four and a half bathrooms, and sophisticated, thoughtful design throughout. Expansive living spaces include a state-of-the-art kitchen, theater room, gym, bonus room, dedicated dog room with outdoor access and a stunning outdoor area with a covered patio, outdoor kitchen, firepit, and astroturf dog run. The main level is anchored by a vaulted great room with expansive windows framing mountain views, a gas fireplace, and a Restoration Hardware chandelier. The kitchen is a showpiece, outfitted with high-end BlueStar appliances, a large island, and a hidden prep kitchen with Miele and True appliances—perfect for seamless entertaining. The stunning main level primary suite includes spa bath, dual walk-in closets and a private office with covered patio. The lower level offers four bedrooms, two bathrooms, a large family room with a gas fireplace, and walk-out access to a private patio and playground, creating an ideal space for guests or multigenerational living. The upper level of the home features a large media room with wet bar, two bedrooms, ¾ bath and bonus room. Designed for year-round enjoyment, the outdoor areas seamlessly combine beauty and function. A warm mahogany deck provides a front-row seat to the mountains, while radiant heat in the surrounding tile ensures snow-free patios and walkways in winter. A 1.25-acre pond, greenhouse, heated driveways, a whole-home generator, and three gated entries with paved driveways enhance comfort and security. The 10,400 sq. ft. shop and showroom—fully redesigned in 2022—is a dream space for collectors, hobbyists, or business use. The shop features five car lifts, two gas heaters, and a dedicated workroom with a powder bath. The adjoining showroom offers an epoxy-finished floor, three stylish offices, a kitchenette, and an additional powder bath—ideal for professional operations, meetings, or displaying prized collections. With direct access to National Forest and the M Trailhead, this rare property offers the ultimate Montana lifestyle—private, convenient, and built for both adventure and elegance.
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Property Area: 2B - Boz Area Bridger Cyn Subdivision: Minor Subdivision
- 1220 Green Valley Way, Bozeman MT 59715 North Pass Ranches
Bozeman, MT 59715
PRICE: $15,995,000 STATUS: Active
BEDS: 4 BATHS: 6
MLS#: 399022
Welcome to North Star Ranch, a world-class property that combines pristine turnkey improvements, breathtaking views, exceptional equestrian facilities, and secluded privacy, all just minutes away from Bozeman, Montana. Spanning approximately 160± acres, this turnkey property is part of the exclusive North Pass Ranches community, known for its expansive open spaces and stunning natural beauty. Located a mere 20-minute drive from the ranch gate to downtown Bozeman, North Star Ranch boasts a prime location, offering both proximity to extensive amenities and ample space to embrace the great outdoors. Perched atop a hill, the ranch offers expansive views to the west of the Gallatin, Madison, and Tobacco Root Mountain ranges, as well as the valley floor where Bozeman resides. To the east, you’ll enjoy an unobstructed view of the impressive Absaroka-Beartooth range. These views must be seen to be believed. The property includes an 8,000± square foot custom home featuring the highest quality craftsmanship. Additionally, a well-finished 3,000± square foot guest house provides extra space for hosting guests or accommodating a full-time caretaker. The ranch’s equestrian facilities feature five indoor stables, two foaling stalls, a spacious heated indoor riding arena, a tack room, a bathroom, and several pastures and paddocks with brand-new fencing. The recreational opportunities at North Star Ranch are exceptional. In addition to the 160± deeded acres that are filled with wildlife, private trails, and sledding hills, the gated community of North Pass Ranches, in which North Star Ranch resides, includes 10± miles of additional developed trails, ideal for horseback riding, mountain biking, hiking, snowmobiling, cross-country skiing, and trail running. The common area features three ponds where residents can swim or fish within the ranch headquarters. Additional amenities include a stable for day boarding horses, a corral, and a common pavilion with a grill and outdoor eating area, perfect for hosting family reunions or special events. North Star Ranch offers a unique turnkey combination of luxury living and outdoor adventure, making it an unparalleled destination for those seeking a fulfilling and distinctive lifestyle in Montana. Whether as a permanent residence or a legacy retreat, this ranch community provides the perfect setting for creating lasting memories amidst Montana’s natural splendor.
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Property Area: 2N - Boz Area N of I90/City Subdivision: North Pass Ranches
- 5350 River Road, Bozeman MT 59718 Certificate Of Survey COS
Bozeman, MT 59718
PRICE: $14,750,000 STATUS: Active
BEDS: 2 BATHS: 3
MLS#: 402514
Nestled on 163± acres of pristine Montana landscape, 5350 River Road is a masterpiece of architectural harmony, seamlessly blending luxurious improvements with the breathtaking beauty of over one mile of Gallatin River frontage. Just ten minutes from vibrant downtown Bozeman, this sanctuary feels worlds apart, offering unparalleled tranquility and natural splendor. Crafted with natural stone and reclaimed wood, the elegant yet rustic residence merges effortlessly with its riparian surroundings, as if born from the land itself. Towering cottonwoods and aspens envelop the home, creating a private oasis bathed in soft, filtered light. Vibrant, artfully designed gardens bloom in harmony with Montana’s seasons, adding bursts of color to the native landscape. Step outside to the Gallatin River’s live waters, where world-class trout fishing awaits right at your doorstep. The property’s irrigated hay fields, mature trees, and serene riverfront foster a haven for wildlife, equestrian pursuits, and boundless recreation. Thoughtful improvements include an insulated shop, a pole barn for hay and equipment, and an outdoor riding arena framed by the river’s gentle flow. This rare estate balances productive agriculture, refined living, and outdoor adventure, all within easy reach of Bozeman’s cultural and culinary delights. 5350 River Road is more than a home—it’s a legacy, offering a life of timeless beauty and limitless possibility.
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Property Area: 2FC - Boz Area Four Corners Subdivision: Certificate Of Survey COS
- 1220 Green Valley Way, Bozeman MT 59715 North Pass Ranches
Bozeman, MT 59715
PRICE: $13,725,000 STATUS: Active
BEDS: 4 BATHS: 6
MLS#: 402097
Welcome to North Star Ranch, a world-class property that combines pristine turnkey improvements, breathtaking views, exceptional equestrian facilities, and secluded privacy, all just minutes away from Bozeman, Montana. Spanning approximately 146± acres, this turnkey property is part of the exclusive North Pass Ranches community, known for its expansive open spaces and stunning natural beauty. Located a mere 20-minute drive from the ranch gate to downtown Bozeman, North Star Ranch boasts a prime location, offering both proximity to extensive amenities and ample space to embrace the great outdoors. Perched atop a hill, the ranch offers expansive views to the west of the Gallatin, Madison, and Tobacco Root Mountain ranges, as well as the valley floor where Bozeman resides. To the east, you’ll enjoy an unobstructed view of the impressive Absaroka-Beartooth range. These views must be seen to be believed. The property includes an 8,000± square foot custom home featuring the highest quality craftsmanship. Additionally, a well-finished 3,000± square foot guest house provides extra space for hosting guests or accommodating a full-time caretaker. The ranch’s equestrian facilities feature five indoor stables, two foaling stalls, a spacious heated indoor riding arena, a tack room, a bathroom, and several pastures and paddocks with brand-new fencing. The recreational opportunities at North Star Ranch are exceptional. In addition to the 146± deeded acres that are filled with wildlife, private trails, and sledding hills, the gated community of North Pass Ranches, in which North Star Ranch resides, includes 10± miles of additional developed trails, ideal for horseback riding, mountain biking, hiking, snowmobiling, cross-country skiing, and trail running. The common area features three ponds where residents can swim or fish within the ranch headquarters. Additional amenities include a stable for day boarding horses, a corral, and a common pavilion with a grill and outdoor eating area, perfect for hosting family reunions or special events. North Star Ranch offers a unique turnkey combination of luxury living and outdoor adventure, making it an unparalleled destination for those seeking a fulfilling and distinctive lifestyle in Montana. Whether as a permanent residence or a legacy retreat, this ranch community provides the perfect setting for creating lasting memories amidst Montana’s natural splendor.
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Property Area: 2N - Boz Area N of I90/City Subdivision: North Pass Ranches
- 317 Limestone Meadows Lane, Bozeman MT 59715 Triple Tree Ranch
Bozeman, MT 59715
PRICE: $11,200,000 STATUS: Active
BEDS: 4 BATHS: 6
MLS#: 398864
Welcome to a breathtaking modern luxury estate set on 14 acres offering unparalleled privacy! Designed by Reid-Smith Architects, this architectural masterpiece seamlessly blends modern elegance with natural beauty. The 3,261 square foot main house boasts expansive open spaces, soaring ceilings, and floor to ceiling windows that frame the breathtaking views. Luxury finishes throughout the home including Gaggenau appliances in the main kitchen, designer celestial lighting, and three Ortal three sided gas fireplaces. Built by Teton Heritage Builders, this home features a unique foundation allowing the home to be built within an aspen grove. The home is thoughtfully laid out with the master wing on the south side of the home and two additional bedrooms and an office on the opposite side of the home. Heated tile flooring throughout the main house. The same tile continues out oversized doors onto the covered patio with a gas fireplace overlooking the pool and private pickle ball court. Two additional patios with hot tubs are ready for entertaining. The 1,288 square foot detached guest house features it's own two car garage which is currently being used as a gym, private balcony with gas fireplace accessed by hydraulic doors, and additional bedroom with a full ensuite bathroom. This home is unlike any other in the Bozeman area!
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Property Area: 2SE - Boz S of City E of 19th Subdivision: Triple Tree Ranch
- 7180 Tepee Ridge Road, Bozeman MT 59715 Other
Bozeman, MT 59715
PRICE: $11,000,000 STATUS: Active
BEDS: 3 BATHS: 3
MLS#: 400162
Tepee Ridge Homestead is a tranquil mountain retreat nestled in the highly sought-after Bridger Canyon, just 10 minutes from both Bozeman and Bridger Bowl Ski Area. Set on approximately 97 deeded acres, this remarkable property features lush mountain meadows and breathtaking panoramic views of the Bridger and Spanish Peak ranges. The expansive 5,386± square-foot Western contemporary home is thoughtfully designed for comfortable, single-level living, offering three bedrooms and two-and-a-half bathrooms. Spacious living and dining areas provide an inviting setting for both entertaining and relaxation. Step onto the expansive covered back patio to take in stunning southern views—perfect for hosting gatherings and soaking in Montana’s unforgettable sunsets. On site next to the main residence, a charming 1,422± square-foot guest house features two bedrooms and two bathrooms. The Perfect set up for family and guests. Additional amenities include a greenhouse, a large shop, and a toy barn, creating ample space for recreation, hobbies, and embracing Montana’s great outdoors.
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Property Area: 2B - Boz Area Bridger Cyn Subdivision: Other
- 2391 Mount Ellis Road, Bozeman MT 59715 None
Bozeman, MT 59715
PRICE: $9,495,000 STATUS: Active
BEDS: 6 BATHS: 4
MLS#: 400764
Set against the sweeping Gallatin Range and backdrop of Mount Ellis, Silver Brand Ranch is an end-of-the-road legacy property less than 8± miles from historic downtown Bozeman. Abundant privacy, spectacular mountain views, acres of wild meadows, pastures, forests, and abundant spring waters surround a recently updated 7,632± square-foot home, a 1,590± SF guest cottage, expansive equestrian facilities, and several additional outbuildings, making this a move-in-ready dream. The 122± deeded acres comprise two large parcels bordered on three sides by millions of acres of public land, eventually leading to Yellowstone National Park. Your neighbors are the deer, elk, fox, trees, breezes, birds, sunsets, and the people you invite to experience it all with you. Don’t miss this rare opportunity to own a truly exceptional property in the heart of the Gallatin Valley. Whether you’re seeking a private equestrian estate, a hunter’s paradise, a beautiful venue to entertain family and friends, or a basecamp for year-round adventure, Silver Brand Ranch is a once-in-a-lifetime opportunity.
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Property Area: 2SE - Boz S of City E of 19th Subdivision: None
- 279 Limestone Meadows Lane, Bozeman MT 59715 Triple Tree Ranch
Bozeman, MT 59715
PRICE: $9,395,500 STATUS: Contingent
BEDS: 6 BATHS: 7
MLS#: 398862
Welcome to your hidden winter wonderland moments from Downtown Bozeman. Find yourself wrapped in luxury at the edge of wilderness in this extraordinary residence designed by Reid Smith Architects & built by premier builder, SBC. This impressive 7560sf, 6B|7B, lodge-style home on 15 acres w/ fishable Limestone Creek meandering through, has direct access to thousands of acres of Public Land out your back door for year-round exploration. You’ll discover famed hiking, mountain biking, backpacking, epic hunting and horse-riding trails leading to alpine lakes & iconic peaks of the entire Gallatin Mountain range & beyond. If your ambitions lean closer to home, trails can take you to Downtown Bozeman and all the incredible dining, shopping, cafes, galleries, & events you can readily enjoy when living this close to town. Upon entering the home, expert craftsmanship is at every turn with the finest quality of natural materials: reclaimed timbers & solid wood flooring, large stone slabs, hand-forged metal accents & dry-stacked masonry. Soaring ceilings in the great room reveal the wild & private backdrop through large windows & draw your attention to the stone, floor-to-ceiling, wood-burning fireplace with auto gas starter. Comfort abounds with in-floor heat, A/C, central vac, security, whole house surround sound & smart home automation. The kitchen was designed for the chef w/ 3 ovens (one a steam oven), double dishwashers, double fridges, pebble ice maker & island seating. Sumptuous primary wing includes cozy gas fireplace, wall of windows, spa-like bathroom with garden tub & steam shower, private patio with hot tub and adjacent office w/ front porch entrance. 3 ensuite guest rooms at opposite end of the main level ensure privacy & peace. Lower level "fun zone" has custom checkered wood floor, wet bar, billiards, media center, bathroom & gym with sauna. The attached upstairs Carriage House has a family room, bright and airy craft studio (could become a kitchen), bunk room that sleeps 5, another guest suite, and covered “sunset” deck. Attached 1200sf, 3-car heated garage, (large enough for a sprinter van) w/ dog wash, bike storage, workstation & epoxy floors. 1,800sf RV Barn houses all the toys and large enough for a 6 to 8 car collection. Horses welcome, build an additional guest home to complete your MT compound. Gorgeous veggies, herbs grown in the irrigated and fenced garden area. Convenient to MSU, trailheads, Hospital, Library, Blue Ribbon Schools & Downtown.
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Property Area: 2SE - Boz S of City E of 19th Subdivision: Triple Tree Ranch