For sale/featured listing: TBD Penwell Bridge Road, Belgrade, MT

This is a rare legacy 313.44-acre farm estate near Bozeman, a property with deep water rights on South Fork Ross Creek, exceptional privacy, and long-term agricultural value preserved through a conservation easement. An 8-acre build site offers a private home site with panoramic views and unmatched rural character.

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About the Property

This historic and productive farm lies just outside Bozeman, offering a legacy agricultural setting with sub-irrigated hay and grain production, mature meadowlands, and some of the oldest water rights on Ross Creek. A large conservation easement keeps the surrounding land protected from future development, preserving views and environmental integrity for generations to come. The property holds strong environmental value and a sense of legacy that is increasingly rare in the Gallatin Valley.

Land Features & Potential

The defining features of this property include:

  • 313.44 total acres of productive farmland and meadow with creek frontage. 
  • South Fork Ross Creek meanders through the property, providing excellent water access and enhancing scenic beauty. 
  • Sub-irrigated fields supporting hay, grain, and other cultivation income opportunities. 
  • Conservation easement preserving agricultural and environmental value while allowing an 8-acre build site for a custom estate with incredible privacy and views. 

*Contact us for zoning details, build site specifics, and full agricultural water rights documentation*

Location & Rural Perks

  • Proximity: Located just outside Bozeman and Belgrade for convenient access to town services, amenities, and transportation corridors. 
  • Outdoor Lifestyle: Surrounded by wide-open spaces, rolling meadows, and mountain views—ideal for ranch operations, recreation, or private estate living. 
  • No HOA or restrictive covenants on the land, preserving freedom for farming or personal uses within the conservation parameters. 
  • Nearby Schools: If building a home, the property falls within the Belgrade school district—Heck/Quaw Elementary, Belgrade Middle and Belgrade High. 

Property Details

  • Acres: 313.44 total lot size with an 8-acre designated build site. 
  • Water Rights: Includes some of the oldest irrigation water rights on South Fork Ross Creek.
  • Terrain: Level meadow, creek, farmland, and natural pasture ideal for agriculture or hobby-farm uses.
  • Zoning: Agricultural & Rural Residential — flexible long-term use (verify with county). 
  • No HOA. 

Why You’ll Love It

This property is more than land, it’s a legacy. For buyers seeking a significant outdoor estate, agricultural operations, or a private home with panoramic views and creek frontage, this offering delivers unmatched natural beauty, abundant water rights, and long-term conservation protection. Whether you envision farming, ranching, equestrian pursuits, or a custom family estate, TBD Penwell Bridge Road embodies Montana’s most cherished rural lifestyle.

Ready To Explore?

→ View Full MLS Listing and Photo Gallery

TBD Penwell Bridge Road, Belgrade, MT


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Tamara Williams, top realtor in Bozeman, MT

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With local knowledge and professional service, Tamara Williams can help you
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