$7,150,000

Lost Canyon Way Musselshell, MT 59059

Estimated payment $45,058/month

Total Views 2,430
2,602 Acres
$2,748 Price per Acre
113,343,100 Sq Ft Lot

Highlights

  • Pond
  • Wooded Lot
  • Pasture
  • Melstone High School Rated 9+

About This Lot

Bonanza Elk Ranch
Bull Mountains | Melstone, Montana
Offered at $7,150,000

Located in the heart of Montana’s famed Bull Mountains, Bonanza Elk Ranch stands as the premier elk hunting destination in the state—offering a rare blend of trophy wildlife, unmatched habitat, and turnkey recreational infrastructure. Spanning approximately 2,600± deeded acres, this end-of-the-road property borders 640 acres of State land, expanding your private access to some of the best big game country in the West.

Located just 90 minutes northeast of Billings and 30 minutes from Roundup, Bonanza Elk Ranch is positioned in Hunting District 590, one of Montana’s most coveted elk units. Through landowner preference and the 2,500-acre priority pool programs, the ranch offers nearly 100% draw odds for both archery and rifle elk tags—a game-changing advantage for both resident and nonresident hunters. General deer licenses are all that’s needed for the ranch’s strong populations of mule deer and whitetail.

The ranch consistently produces trophy-caliber bull elk, with potential for scores exceeding 400 inches—making it a premier destination for dedicated hunters. In addition to elk, the property supports thriving populations of mule deer, antelope, whitetail, wild turkey, and upland birds. With 39± acres of millet, 11± acres planted in alfalfa, sainfoin, and barley, and an additional 2.5± acre alfalfa crop, these strategically cultivated fields provide high-quality forage to support productive livestock operations. A well-positioned Banks hunting blind overlooks a secluded, treed waterhole—creating an ideal setup for bowhunting elk during the peak of the rut. This natural pinch point draws in mature bulls seeking water and cover, offering hunters a prime opportunity for close-range encounters during the most action-packed weeks of the season.

The landscape transitions from open grass basins and sandstone ridges to timbered ridges and thick shaded draws, providing the cover and forage that support robust wildlife populations. Multiple wells, spring-fed reservoirs, and a pipeline system deliver dependable water across the ranch. Elevations range from 3,200 to 3,600 feet, with a well-maintained network of trails allowing seamless access across the entire property for hunting, scouting, or game retrieval.

Fully fenced and cross-fenced into multiple pastures, Bonanza Elk Ranch also offers excellent potential for livestock grazing and rotational pasture management. Whether it’s calling in bugling bulls in September, glassing for trophy bucks in November, or chasing longbeards in spring, this ranch offers year-round hunting and outdoor recreation at its absolute finest.

Offered at $7,150,000, Bonanza Elk Ranch is not just the best elk hunting ranch in Montana—it’s a once-in-a-lifetime opportunity to own a world-class sporting property in the heart of Big Sky Country.

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot
  • Current uses include agriculture, equine, grazing, hunting/fishing, hobby farm
  • Potential uses include agriculture, equine, grazing, hunting/fishing

Additional Features

  • Pond
  • Pasture
  • Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 406-812-5355
  • Listing Website: https://www.land.com/property/2602-acres-in-musselshell-county-montana/24566997/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Equine, Grazing, Hunting/Fishing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True
  • Road Description: Gravel/Rock

Lot Info

  • Current Use: Agriculture, Equine, Grazing, Hunting/Fishing, Hobby Farm
  • Lot Description: Acreage, Pasture, Tank/Pond, Natural Forest

Multi Family

  • Utilities Available: Well

Map

Range of Values:

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Average Value
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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
08/25/2025 08/25/25 For Sale $7,150,000 -- --