Land for Sale in Libby, Montana

An exceptional investment opportunity awaits with approximately 316 contiguous acres overlooking Lake Koocanusa, Montana. Located in one of Northwest Montana's premier recreational destinations, this rare offering combines immediate marketability with significant long-term development potential. Property includes 25 serviced quarter-acre residential homesites, existing building structures, and 316 acres of connected, premium development land: a compelling opportunity for a phased residential or master-planned community in a mountain and lake setting. Substantial planning, governmental approvals, engineering, infrastructure construction, and entitlement work have been completed, advancing the project to a highly developed stage. The completed first phase includes 25 serviced residential homesites, while the balance of the property includes a 240+ acre panoramic view parcel and 3x 20+ acre parcels for future phases. This configuration enables near-term sales revenue, while preserving long-term development flexibility across a large contiguous landholding. The south-facing, gently sloping terrain offers panoramic views of Lake Koocanusa, the Cabinet Mountains, and surrounding wilderness. The property is within walking distance of the Barron Creek public beach and boat launch, providing access to boating, fishing, and water recreation. It also borders U.S. Forest Service land, offering direct access to thousands of acres for hiking, hunting, ATV riding, and snowmobiling. The nearby Kootenai River, a Blue Ribbon trout fishery, further enhances year-round recreational appeal. Whether completing and marketing the 25 serviced homesites, expanding phased development across 300 approximate acres, or establishing a destination mountain community, this property offers a rare combination of completed infrastructure, exceptional natural setting, and long-term development potential.