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Land for Sale in McAllister, Montana

5545 US 287 Hwy, McAllister, MT 59740

$2,490,000
56.8 acres
Active
ago
Est $16,848/mo

The Hebel Ranch spans 56+/- acres in the heart of the Madison Valley near McAllister, Montana, with commanding views of Ennis Lake and the surrounding mountain ranges. Located seven miles north of Ennis and 47 miles from Bozeman Yellowstone International Airport, the property offers strong access while maintaining the character of a picturesque Montana property! The land is perimeter and cross fenced and currently configured for equestrian and agricultural use, including two separate horse pastures with shelters. A spring fed 5+/- acre pond, supported by adjudicated water rights, serves as both a recreational feature and a functional asset, with an integrated fire suppression system hookup in place. Additional improvements include a permitted gravel pit and more than 900 feet of highway frontage, providing ease of access and long term utility. Improvements include a 2,800+/- square foot, three bedroom, three bathroom manufactured caretaker's residence accompanied by a large shop. The existing home offers comfortable living quarters while a future primary residence could be positioned on the upper portion of the ranch to take full advantage of the lake and mountain views. With no known zoning, covenants, or restrictions, the property presents substantial flexibility for agricultural, equestrian, recreational, or commercial applications. The combination of water, access, infrastructure, and location within the Madison Valley positions Hebel Ranch as a highly adaptable land investment with both lifestyle and income potential.

Location

Street address
5545 US 287 Hwy
Elevation
4,903 feet
Coordinates
45.4405, -111.7317

Directions

Hwy 287 next property south of the McAllister post office

Property details

Acreage
56.83 acres
MLS #
GAR 408993
Posted

Property taxes

2024
$745

Parcels

  • 0027046500

Legal description

Details and features

Listing

Type
Land

Lot

View
Lake, Mountains, Valley
Waterfront
Pond
Features
Level

Exterior

Fencing
Perimeter
Structures
Barn(s)

Structure

Water
Well
Sewer
Septic Tank

Property utilities

CategoryTypeStatus
GasPropaneAvailable

Listing history

DateEventPriceChangeSource
Mar 3, 2026New listing$2,490,000GAR
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This 56.83-acre property is located at 5545 US 287 Hwy in McAllister, MT 59740. The property is available for sale for $2,490,000 with a price per acre of $43,815.

Checked 2 hours ago — Updated

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