TBD Penwell Bridge Road

Belgrade, MT 59714

This 150 acre farm is a truly spectacular rural getaway, while still being less than 10 minutes away from the Bozeman Yellowstone International Airport. The farm borders the East Gallatin River on the East side and is strategically farmed for the enhancement of wildlife management. It is planted in both alfalfa hay and sorghum to create very productive pheasant, quail, grouse, and white tail habitat. There are no hunting restrictions but the Conservation Easement does not allow for commercial outfitting. Many of the surrounding large pieces of farmland are under Conservation Easement, yet this 150 acre property allows for generous build opportunities away from neighbors and close to the animals and birds. There is roughly $45K in farm revenue from hay sales so this would make a great 1031 exchange property.

Listing courtesy of Randy Ungersma of McCaw, DeVries, Steinhauer & Co.



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Last checked: 2026-01-01 12:10 AM UTC