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$ 995,000
$ 995,000
14477 Madison RD Three Forks, MT 59752
4 Beds
2 Baths
2,025 SqFt
UPDATED:
Key Details
Sold Price $995,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,025 sqft
Price per Sqft $491
MLS Listing ID 400374
Sold Date 04/20/26
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 2,025
Year Built 1989
Annual Tax Amount $3,810
Tax Year 2024
Lot Size 10.030 Acres
Acres 10.03
Property Sub-Type Single Family Residence
Property Description
This unique 10.03-acre property near the Madison River in Three Forks offers the best of both worlds: versatile living options and strong investment potential—all just a scenic drive from Bozeman. The 2,000 sq. ft. main home features 4 beds, 2 baths, a cozy wood-burning fireplace, dual decks, and a loft—ideal for owner occupancy, long-term rental, or vacation guests. Wildlife sightings are a regular delight, with deer and elk often passing through. A second 1,500 sq. ft. mobile home includes 3 beds, 2 baths, and a dedicated office space—perfect for a second rental unit, guest housing, or multigenerational living.
Both homes are approved for short-term and long-term rentals, allowing you to generate income immediately or adapt your rental strategy to seasonal demand. Live in one and rent the other—or lease both for maximum return. Also included is a 1,000 sq. ft. heated workshop with a wood-burning furnace and an air compressor—a great opportunity to add value with a business component or workshop lease.
With close access to world-class fly fishing, hunting, and year-round recreation, this property blends sought-after Montana living with reliable revenue opportunities—now offered at a reduced price!
Location
State MT
County Gallatin
Area Greater Three Forks
Direction Norris rd from Four Corners to Madison rd, approx 3 miles on the left
Interior
Heating Baseboard, Electric
Cooling Ceiling Fan(s), Varies by Unit
Fireplace No
Exterior
Parking Features Detached, Garage
Garage Spaces 3.0
Garage Description 3.0
Utilities Available Electricity Connected, Septic Available, Water Available
Water Access Desc Well
Porch Deck
Building
Entry Level Two
Sewer Septic Tank
Water Well
Level or Stories Two
Additional Building Guest House
New Construction No
Others
Pets Allowed Yes
Tax ID RGD11508
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Financing Other
Special Listing Condition Standard
Pets Allowed Yes
Bought with REAL Broker
Broker | License ID: RRE-BRO-LIC-108835
+1(406) 830-5474 | home@courtney-ferguson.com