$4,400,000
$800K PRICE DROP

121 Old Toby Rd Big Sky, MT 59716

Estimated payment $24,598/month

Total Views 20,962
2 Beds
2 Baths
2,510 Sq Ft
$1,753 Price per Sq Ft

Highlights

  • Ski Accessible
  • Guest House
  • View of Trees or Woods
  • Lone Peak High School Rated 10
  • Custom Home
  • 20.01 Acre Lot

About This Home

Between Bozeman and Yellowstone National Park, this extraordinary 20-acre property offers unmatched privacy and sweeping panoramic views, just ten minutes from both Big Sky Resort and Town Center. A sunlit meadow framed by mature spruce and aspen trees serves as the future main house site, capturing breathtaking vistas of Lone Mountain, the Spanish Peaks, the Yellowstone Club, and Buck Ridge. A 2,000-square-foot guest house crowns a landscaped knoll overlooking the meadow. Designed with mountain character and artisan craftsmanship, it features soaring ceilings, a dramatic stone fireplace, a hand-crimped copper roof by renowned metalworker Mike Winters, and a whimsical glass-floor cupola. Luxurious touches include radiant heat, Lutron lighting, a steam shower, and a full washer and dryer. Above the oversized two-car garage, the caretaker’s quarters offer additional guest accommodations with warm barnwood interiors, wide-plank Douglas fir floors, and a river rock shower with a cracked marble floor. The 20-acre grounds are beautifully manicured, with rolling lawns, rock gardens, and nearly a mile of private hiking and fitness trails. In winter, the coveted Boomerang Nordic trail—part of Lone Mountain Ranch’s nationally acclaimed network—winds discreetly through the property, offering direct access to world-class cross-country skiing. Amenities include a six-person hot tub, lantern-lit driveway, Starlink internet, ADT security with cameras, and an extensive irrigation system. This is a rare Big Sky legacy property, offering the perfect blend of privacy, luxury, and year-round recreation.

Listing Agent

Michael Pitcairn

Outlaw Realty License #BRO-89808 Listed on: 07/30/2025

Co-Listing Agent

Eric Ladd

Outlaw Realty License #RBS-11831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,018

Year Built

  • Built in 2005

Lot Details

  • 20.01 Acre Lot
  • South Facing Home
  • Landscaped
  • Lawn
  • Zoning described as CALL - Call Listing Agent for Details

HOA Fees

  • $619 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Custom Home
  • Rustic Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Propane
  • Well
  • Septic Tank
  • Phone Available

Additional Features

  • Deck
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number RKE46927

Community Details

Overview

  • Association fees include road maintenance
  • Built by Perimeter Construction/House Design Partnership
  • Lost Trails Subdivision

Recreation

  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,018

Year Built

Built in 2005

Lot Details

0

HOA Fees

$619 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Architectural Style: Cabin, Custom, Rustic
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2005
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Partially Carpeted
  • Interior Amenities: Wet Bar, Walk-In Closet(s)
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Loft, Living Room, Office
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2000.0
  • Living Area: 2510.0

Exterior Features

  • Roof: Metal
  • Waterfront Features: None
  • Waterfront: No
  • View: Mountain(s), Southern Exposure, Valley, Trees/Woods
  • View: Yes
  • Builder Name: Perimeter Construction/House Design Partnership
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway, Landscaping
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Detached, Garage
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Attached Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiant Floor
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane, Phone Available, Septic Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Amenities: Ski Accessible, Ski In Ski Out, Trail(s)
  • Association: Yes
  • Association Fee: 7428.0
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Road Maintenance

Lot Info

  • Lot Features: Lawn, Landscaped
  • Lot Size Acres: 20.01
  • Lot Size Sq Ft: 871635.6
  • Possible Use: Recreational
  • Parcel #: RKE46927
  • Zoning Description: CALL - Call Listing Agent for Details

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 13018.26
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Price Changed $4,400,000 -8.3% $1,753 / Sq Ft
08/11/2025 08/11/25 Price Changed $4,800,000 -7.7% $1,912 / Sq Ft
07/30/2025 07/30/25 For Sale $5,200,000 -- $2,072 / Sq Ft
Source: Big Sky Country MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Security Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $535,000 Fannie Mae Freddie Mac
Source: Public Records

Source: Big Sky Country MLS

MLS Number: 404509

Big Sky Country MLS

APN: 06-0427-28-1-10-01-0000