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Land for Sale in Three Forks, Montana

Lewis Dr, Three Forks, MT 59752

$245,000
5.16 acres
Active sale
$30k drop
Est $1,761/mo

Welcome to Lot 27 in Colter's Run Subdivision - a premium 5.16-acre Montana homesite with panoramic Bridger Mountain views, wide-open Gallatin Valley scenery, and the space to create the rural lifestyle buyers come here looking for. Gently sloping to the east, the lot offers natural elevation for sunrise views, thoughtful home placement, and a finished build that can take full advantage of the surrounding landscape. Reasonable covenants allow for a primary residence, guest house, and horse barn, giving buyers flexibility for a true ranchette-style setup with room for a home, shop/guest quarters, and livestock building. Up to two horses are allowed, and residents also enjoy access to over five acres of shared community space for recreation. A major added value: the seller is a VA Certified Builder, and building plans can be provided upon request. For buyers considering a custom or semi-custom build, this creates a clearer path from raw land to finished home. Soil analysis and related mitigation items may also be negotiated into build specifications, offering buyers an opportunity to better understand and plan for site conditions before and during construction. Located just outside historic Three Forks, this property is minutes from Missouri Headwaters State Park, where the Jefferson, Madison, and Gallatin Rivers converge. The area is known for fly fishing, hunting, horseback riding, hiking, ATV access, and classic Montana open-space living - while still keeping practical necessities within reach. If you're looking for land that offers more than dirt and a dream, Lot 27 delivers room to breathe, valley views, flexible building potential, and a builder-connected path toward your Montana ranchette. Have your Realtor(R) reach out for details, building plan availability, covenant information, or to schedule a tour.

Location

Street address
Lewis Dr
Zip code
59752
Community
Colters Run
Elevation
4,314 feet
Coordinates
45.9152, -111.6207

Directions

Head West on West Farm Rd (Immediately upon entering TownPump parking Lot) Follow road west for 1.1 miles, turn Left, Property on left after 300 yards

Property details

Acreage
5.16 acres
MLS #
GAR 402306
Posted

Property taxes

2024
$1,040

Expenses

Homeowner Association Fee
$275 annually

Parcels

  • 000J240835

Legal description

Listing history

DateEventPriceChangeSource
Oct 9, 2025Price drop$245,000$30,000 -10.9%GAR
May 23, 2025New listing$275,000GAR
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This 5.16-acre property is located at Lewis Dr in Three Forks, MT 59752. The land is available for sale, priced at $245,000 — $47,481 per acre.

Listed by RE/MAX Legacy, (406) 586-3092

Checked 1 hour agoUpdated Source

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