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127 Rainbow Point Road, 
Mcallister, MT 59740

$3,750,000


3

Beds


5

Baths


4,747

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Mike Schlauch

Dawn Myrvik

Purewest Real Estate Bozeman

Purewest Real Estate Ennis

406-586-9418

Last updated:

June 11, 2025, 07:46 PM

MLS#

402055

Source:

MT BZM

About This Home

127 Rainbow Point Road

Experience the ultimate Montana lifestyle with this stunning 3-bed, 4.5-bath main home and 1-bed, 1-bath guest home on the shores of Ennis Lake. An oasis amongst mature trees with panoramic views of both Ennis Lake and the Madison Mountain Range, this 4,747-square-foot single level residence offers a rare blend of luxury, privacy, and natural beauty. Designed for hosting both large and small gatherings, this exceptional home is a sanctuary where modern comfort meets the rugged charm of Montana’s breathtaking landscape. The primary suite includes two full bathrooms, and two walk-in closets. The additional two ensuite bedrooms have tall ceilings, adding to the spacious feel of the home. The formal dining room flows into the living room, where a cozy fireplace creates a warm atmosphere. The well-appointed kitchen includes Wolf cooktop, dual wall ovens, warming drawer and microwave, a pantry, and a breakfast nook that takes in morning lake views. The 1,200 SF, 1-bed, 1-bath guest house sits lower on the property, offering 180-degree views. The guest house includes a full kitchen and is perfect for visitors or as a potential rental. The outdoor spaces are equally impressive, with a covered patio featuring its own fireplace and a well-placed fire pit overlooking the lake. An attached 2-car garage offers convenience, while a 4-car detached garage with two additional rooms provides flexible space for a gym, tack room, or craft room. A large 28x44 shop offers ample storage for larger equipment. This property, sited on multiple lots, offers lake front living with the ability to add your own dock. Lakeview covenants allow for vacation rentals in the guest house. Located less than an hour from Bozeman and just 10 minutes from the charming town of Ennis, this property is within easy proximity to amenities. The Big Sky Airport (KEKS), with its 7,600’ runway servicing private jets and small aircraft, is only 20 minutes away. Situated at the base of the Tobacco Root Mountains, this home is surrounded by outdoor recreational opportunities, including hiking, hunting, mountain lakes, and year-round activities on Ennis Lake. Whether you're into waterskiing, stand-up paddle boarding, windsurfing, fishing, or ice fishing, the area offers it all. Yellowstone National Park is nearby, placing you in the heart of Montana’s adventure paradise. This luxurious property combines stunning lake views, well-designed living spaces, and prime outdoor access in a beautiful setting.

Home Facts

Single Family

5 Baths

3 Bedrooms

Built in 1980

Price Summary

3,750,000

$789 per Sq. Ft.

MLS #:

402055

Last Updated:

June 11, 2025, 07:46 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

2

Interior

Living Area:

4,747 Sq. Ft.


Structure

Structure

Architectural Style:

Custom

Building Area:

4,747 Sq. Ft.

Year Built:

1980


Lot

Lot Size (Sq. Ft):

204,296


Finances & Disclosures

Finances

Price:

$3,750,000

Price per Sq. Ft:

$789 per Sq. Ft.

Source:MT BZM
The information being provided by Gallatin Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Gallatin Association of Realtors All rights reserved.

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