NOT LISTED FOR SALE

5464 Mt Highway 35 Kalispell, MT 59901

Estimated Value: $835,000 - $923,000

4 Beds
2 Baths
1,624 Sq Ft
$549/Sq Ft Est. Value

About This Home

Some properties don’t just sit along a highway—they sit at the crossroads of opportunity and imagination. This stretch of land invites a way of thinking that’s both grounded and forward-looking. There’s a sense of arrival here—open views, steady light, and space that feels ready for whatever comes next. Whether your vision leans toward stewardship, thoughtful development, or creating a destination others are drawn to, this setting supports it with ease. Days here move at your pace. Morning light spills across the fields, afternoons invite productivity or pause, and evenings settle quietly, reminding you why Montana has always rewarded those willing to see beyond the obvious. This land offers room to live simply, to grow something meaningful, or to welcome others into an experience shaped by your care and creativity. It holds rare balance—where income, lifestyle, and your long-term vision can coexist. A foundation for legacy, for enterprise, or for a life designed with intention. Rare Highway 35 Investment Opportunity — Income Producing with Development Upside Positioned along highly sought-after Montana Highway 35 between Kalispell, Bigfork, and Columbia Falls, this exceptional property offers immediate income and long-term development potential — all priced below current market value per acre. At the center of the property sits a charming 1933 log home offering 4 bedrooms, 2 bathrooms, and 2,494 square feet of timeless Montana character. The home supports conventional financing and provides multiple investment pathways:
Continue generating income through existing rentals; Section off and sell the home to recapture a significant portion of your investment; Or live onsite while developing the remainder of the property. Featuring two direct access points off Hwy 35, this Scenic Corridor–zoned parcel supports a wide range of uses including subdivision, family-transfer subdivision, and business development. Utilities are already in place and actively generating revenue, making this a rare, low-barrier entry for investors or owner-developers. Enjoy panoramic views, expansive buildable configurations, and existing ponds that allow for the creation of water features. Located within the Bigfork School District, the property offers flexibility with minimal restrictions — ideal for residential, commercial, or mixed-use concepts including home sites, business ventures, or even a boutique RV park. Special features include; Two 50-amp RV hookups with septic clean-outs; Newer pavilion with event-rental infrastructure (ask about inclusions and 2026 bookings); Dual highway entrances for smooth traffic flow and easy access. This is a truly versatile land, home, and business opportunity on one of Flathead Valley’s most desirable corridors — offering location, income, and future potential in one remarkable Montana property. Agent Owned.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Athey Veyna Clyde L
Bought by
Athy Alexander Tyrell
Current Estimated Value
$890,770

Purchase Details

Closed on
Sep 29, 2020
Sold by
R And J Svenn No 2 Llc
Bought by
Tyrell Alexander and Athey Veyna Clyde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2016
Sold by
Svennungsen Rock E
Bought by
R & J Svenn #2 Llc

Purchase Details

Closed on
Dec 24, 2007
Sold by
Mardnery Justin
Bought by
Srennunosen Rock E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Athy Alexander Tyrell -- Insured Titles
Tyrell Alexander -- Insured Titles
R & J Svenn #2 Llc -- None Available
Srennunosen Rock E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyrell Alexander $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 Price Changed $894,000 -0.6% $550 / Sq Ft
01/30/2026 01/30/26 Price Changed $899,000 -2.3% $554 / Sq Ft
01/07/2026 01/07/26 For Sale $920,000 0.0% $567 / Sq Ft
09/04/2024 09/04/24 For Rent $3,400 -- --

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,319 $714,900 $0 $0
2024 $2,927 $608,500 $0 $0
2023 $3,872 $608,500 $0 $0
2022 $2,931 $428,300 $0 $0
2021 $3,042 $428,300 $0 $0
2020 $2,870 $384,500 $0 $0
2019 $2,757 $384,500 $0 $0
2018 $2,576 $340,400 $0 $0
2017 $2,553 $340,400 $0 $0
2016 $1,229 $330,800 $0 $0
2015 $2,308 $330,800 $0 $0
2014 $2,968 $260,283 $0 $0
Source: Public Records

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