$5,500,000

5191 Old Yellowstone Trail Three Forks, MT 59752

Estimated payment $29,181/month

Total Views 7,488
5 Beds
-- Bath
3,056 Sq Ft
$1,800 Price per Sq Ft

Highlights

  • River Access
  • Home fronts a creek
  • River View
  • Corral
  • Custom Home
  • 250 Acre Lot

About This Home

Jefferson River Preserve presents a rare opportunity to own a premier riverfront property in Montana, encompassing approximately 250± acres of fertile bottomland, productive pastures, and exceptional recreational features. Located just a few miles south of Three Forks and within a half-hour drive of Bozeman Yellowstone International Airport, this ranch offers a remarkable setting with panoramic views of the Bridger, Madison, and Tobacco Root mountain ranges.

Bordering nearly 0.6± mile of the Jefferson River, the property is defined by 115± acres of vibrant, spring-fed riparian zone. Ancient cottonwoods tower over a mosaic of wetlands, natural springs, and meandering sloughs, creating a sanctuary for wildlife. The ranch hosts an impressive array of species, including waterfowl such as mallards, teal (both blue-winged and cinnamon), widgeon, Canada geese, and tundra swans. Upland birds like pheasants, wild turkeys, and sandhill cranes are also common, along with raptors, songbirds, and large game like white-tailed deer, moose, and the occasional elk.

This property offers both beauty and flexibility. An existing home offers the next buyer the ability to immediately enjoy the property. In addition, a designated homesite with an approved five-bedroom septic system is already established, allowing a future owner to begin building without delay. Whether you envision a custom-built home, a recreational getaway, or a working ranch, the Jefferson River Preserve provides a pristine canvas on which to realize your vision.

With its combination of wildlife-rich habitats, agricultural potential, and strategic location near Bozeman, this riverfront ranch is an exceptional offering for those seeking a unique combination of privacy, convenience, and recreation.

Listing Agent

James Esperti

Fay Ranches License #RBS-8752 Listed on: 05/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1920

Lot Details

  • 250 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • River Front
  • South Facing Home
  • Cross Fenced
  • Barbed Wire
  • Perimeter Fence
  • Pipe Fencing
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot

Parking

  • 3 Car Garage

Property Views

  • River
  • Lake
  • Pond
  • Woods
  • Farm
  • Creek or Stream
  • Mountain
  • Meadow
  • Rural
  • Valley

Home Design

  • Custom Home

Interior Spaces

  • 5 Bedrooms
  • 3,056 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Radiant Floor

Kitchen

  • Stove
  • Range
  • Microwave
  • Dishwasher

Outdoor Features

  • River Access
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Well
  • Septic Tank

Additional Features

  • Pasture
  • Corral

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number REC87915

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Farm
  • ResoPropertyType: Farm
  • Property Sub Type: Single Family Residence
  • ResoPropertySubType: SingleFamilyResidence
  • Property Sub Type Additional: Single Family Residence
  • Architectural Style: Custom
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Living Area: 3056.0

Exterior Features

  • Waterfront Features: Creek, Pond, River Front, River Access
  • Waterfront: Yes
  • Fencing: Barbed Wire, Cross Fenced, Perimeter, Pipe
  • View: Farmland, Lake, Meadow, Mountain(s), Pond, Rural, River, Southern Exposure, Creek/Stream, Valley, Trees/Woods
  • View: Yes
  • Exterior Features: Sprinkler/Irrigation
  • Other Structures: Corral(s), Outbuilding, Storage, Workshop
  • Patio And Porch Features: Balcony, Deck, Patio
  • Road Surface Type: Paved

Garage/Parking

  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Radiant Floor, Stove, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Farm, Level, Pasture, Ranch
  • Lot Size Acres: 250.0
  • Lot Size Sq Ft: 10890000
  • Topography: Level
  • Additional Parcels Description: REC62129 REC63328 REC62130 00J2417026
  • Parcel #: REC87915
  • Zoning Description: NONE - None/Unknown
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3002.07
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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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 Prior Sale
05/08/2025 05/08/25 For Sale $5,500,000 +83.3% $1,800 / Sq Ft
01/25/2021 01/25/21 Sold -- -- -- View Prior Sale
12/26/2020 12/26/20 Pending -- -- --
03/08/2019 03/08/19 For Sale $3,000,000 -- $982 / Sq Ft
Source: Big Sky Country MLS

Source: Big Sky Country MLS

MLS Number: 401933

Big Sky Country MLS