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TBD Penwell Bridge Road, 
Belgrade, MT 59714

$3,750,000


Bed


Bath


-

Sq Ft


Farm

Active

Listed by

Randy Ungersma

Mccaw, Devries, Steinhauer & Co.

406-587-5540

Last updated:

January 16, 2026, 02:32 PM

MLS#

407701

Source:

MT BZM

About This Home

TBD Penwell Bridge Road

This 150 acre farm is a truly spectacular rural getaway, while still being less than 10 minutes away from the Bozeman Yellowstone International Airport. The farm borders the East Gallatin River on the East side and is strategically farmed for the enhancement of wildlife management. It is planted in both alfalfa hay and sorghum to create very productive pheasant, quail, grouse, turkey, ducks and white tail habitat. Check out all the game pictures. These could be your kids and grandkids next year. There are no hunting restrictions but the Conservation Easement does not allow for commercial outfitting. Many of the surrounding large pieces of farmland are under Conservation Easement, yet this 150 acre property allows for generous build opportunities away from neighbors and close to the animals and birds. Build your residence and buildings overlooking the East Gallatin River and have a clean view of the majestic Bridger Mountains. Permitted uses include agricultural activities, livestock and planting, right to restore, enhance and develop water resources, including ponds, does not limit the the water rights on the property. Current right to build a single family residence with an associated garage and storage shed, plus other non-residential structures such as barns, stables, corrals, grain silos, hay and feed storage buildings, fencing, duck blinds, warming huts. There is roughly $45K in farm revenue from hay sales so this would make a great 1031 exchange property.

Home Facts

Farm

Price Summary

3,750,000

MLS #:

407701

Last Updated:

January 16, 2026, 02:32 PM

Added:

1 month(s) ago


Lot

Lot Size (Sq. Ft):

6,540,621


Finances & Disclosures

Finances

Price:

$3,750,000

Source:MT BZM
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.