Montana’s real estate market is as diverse as its breathtaking landscapes. From sprawling horse ranches and private lakeside retreats to luxurious mountain lodges, the state offers unique properties that combine rustic charm with modern amenities. Whether you’re drawn to the rugged beauty of Gallatin Valley, the tranquil waters of Trout Creek, or the expansive acreage of Clancy, Montana homes in the $1 million range provide an impressive mix of space, luxury, and functionality. With features like indoor riding arenas, themed bedroom suites, private towers with panoramic views, and even working hay farms, these properties redefine what it means to live in Big Sky Country. Here’s a closer look at what $1 million can buy in the Treasure State.
9. Bozeman, MT – $4,997,000

This property in Bozeman is priced at $4,997,000. The property is a 6-bedroom, 5-bathroom, 7,499-square-foot single-family home built in 2016, situated on over 40 acres in Bozeman. The main level includes a chef’s kitchen with double ovens, dual refrigerators, two dishwashers, two prep sinks, and a pantry, as well as a living room with vaulted ceilings and a stone fireplace. Entertainment features include a billiards room, a theater room with tiered seating, and an in-ground hot tub with a firepit in the backyard. The main floor also includes a primary suite with a spa-like bathroom, a wellness room, a private office, and a mudroom/laundry off the heated 3-car garage. The property includes a guest house with three bedrooms, two bathrooms, and a two-car garage, along with access to Middle Creek Ditch and outdoor features like an enclosed play yard.
Listing Agent: Taunya Fagan @ Estate House Via Coldwell Banker Realty
8. Big Sky, MT – $5,250,000

Here’s what you get in Big Sky for $5,250,000. The property is a 6-bedroom, 5-bathroom, 7,499-square-foot single-family home built in 2016, situated on over 40 acres in Bozeman. The main level includes a chef’s kitchen with double ovens, dual refrigerators, two dishwashers, two prep sinks, and a pantry, as well as a living room with vaulted ceilings and a stone fireplace. Entertainment features include a billiards room, a theater room with tiered seating, and an in-ground hot tub with a firepit in the backyard. The main floor also includes a primary suite with a spa-like bathroom, a wellness room, a private office, and a mudroom/laundry off the heated 3-car garage. The property includes a guest house with three bedrooms, two bathrooms, and a two-car garage, along with access to Middle Creek Ditch and outdoor features like an enclosed play yard.
Listing Agent: Will Brunner @ Big Sky Sotheby’S Via Coldwell Banker Realty
7. Kalispell, MT – $4,800,000

All this in Kalispell for $4,800,000. The property is a 5-bedroom, 3-bathroom, 2,718-square-foot log home built in 1973, situated on 92 acres in Montana. The property includes a 3-car garage with an attached 1-bedroom, 1-bathroom apartment, a 40×40 barn with three stalls, and a 40×80 shop equipped with welding and tooling equipment, diesel and gas tanks, and lean-to storage. Additional features include a hay field, a chicken coop, a spring-fed pond, and a large fire pit. The property has five water hydrants and is designed to support agricultural and recreational uses. It is located minutes from town, providing access to amenities while maintaining a rural setting.
Listing Agent: Clint Ekern @ Granite Ridge Realty Via Coldwell Banker Realty
6. Whitefish, MT – $4,850,000

Here’s an example of a $4,850,000 home in Whitefish. The property is a 5-bedroom, 4-bathroom, 4,238-square-foot single-family home built in 2005, located in Elk Highlands at Whitefish Mountain Resort. The home offers ski-in/ski-out access via the Elk Highlands homeowner-owned chair lift and features floor-to-ceiling windows with mountain and lake views. It includes three primary suites, each with a full bathroom, stone fireplace, walk-in closet, and private exterior entrance. Additional amenities include reclaimed timbers, covered and open decks, an outdoor patio with a stone fireplace, a hot tub, a steam shower, and a Jacuzzi bathtub. The main level has a media room with custom cabinets, a large TV, Sonos sound system, a stone fireplace, and a fully equipped wet bar.
Listing Agent: Constance Neumann @ New West Home And Ranch Realty Via Coldwell Banker Realty
5. Red Lodge, MT – $4,950,000

All this for $4,950,000 in Red Lodge. The property is a 5-bedroom, 7-bathroom, 8,253-square-foot single-family home built in 2023. It includes three covered balconies, two main floor master suites, a cigar/viewing room, a theater room, a butler’s pantry, an office, and a sauna and steam room. The kitchen features stainless steel appliances, and the home includes multiple fireplaces with rustic beam mantels, as well as tiled bathrooms. Additional features include a laundry room with a built-in dog bath and a floor plan designed for accessibility across all levels. The property offers expansive views of the surrounding mountain ranges.
Listing Agent: Jim Hilderman @ Montana Realty Company Rue & Associates Via Coldwell Banker Realty
4. Helena, MT – $4,850,000

In Helena, this is an example of what you can buy for $4,850,000. The Ting is a Mediterranean-style estate built in 1998, located on 20 gated acres overlooking Hauser Lake. It includes two connected residences totaling 7,410 sq. ft., with five bedrooms and 5.5 bathrooms. The main house spans 3,650 sq. ft. with a great room, chef’s kitchen, library, theater, and office. The 3,760 sq. ft. guest house offers two en-suite bedrooms, a home gym, sauna, art studio, and tower sunroom. Outdoor features include a pool, hot tub, boccia ball court, putting green, tiki bar, fire pit, sand beach, and landscaped gardens with a waterfall.
Listing Agents: Deborah Whitcomb & Ann Snortland @ Berkshire Hathaway – Helena Via Redfin
3. Clancy, MT – $4,999,999

For $4,999,999, here’s what you get in Clancy. The property at 220 Shady Lane in Clancy, Montana, includes a 6,896 sq. ft. home with four bedrooms, three full bathrooms, and two half bathrooms, situated on 75.55 acres. Built in 2001, the house features a three-story rock fireplace, an indoor swimming pool, a second-level office, and a basement kitchen suitable for multi-generational use. Additional spaces include a gaming room, theater room, and a lounging loft. The property includes a barn, a shop, and borders state land on three sides, within the 380 hunting district. The home has timber framing, vaulted ceilings, and panoramic views, with updated finishes throughout, including a gourmet kitchen with granite counters and new appliances.
Listing Agent: Janet Welsh @ Uncommon Ground, LLC Via Redfin
2. Trout Creek, MT – $5,370,000

This spacious home in Trout Creek is all yours for $5,370,000. The Lodge at Trout Creek is a 10,620 sq. ft. estate built in 1999 on 90 acres of land, featuring eight bedrooms and seven bathrooms. The property includes five themed bedroom suites with en-suite bathrooms and a separate living area with three additional bedrooms and a bathroom. It has a five-car garage, an 1,800 sq. ft. shop, a theater room, and the Eagle’s Nest tower offering 360-degree views. The land includes a pond and over a quarter mile of Trout Creek running through it, surrounded by meadows and pine trees.
Listing Agents: Jeannette Carr & Mark Smith @ Clearwater Montana Properties – Noxon Via Redfin
1. Manhattan, MT – $4,830,000

In Manhattan, $4,830,000 will get you this property. Camp Creek Horse Ranch is a 4,815 sq. ft. residence built in 1920 and extensively remodeled in 2011, located on 96.54 acres in Montana’s Gallatin Valley. The property includes five bedrooms, 4.5 bathrooms, and a guest suite above the attached three-car garage. The equestrian facilities feature an indoor riding arena, indoor and outdoor stalls, a historic barn, outdoor arena, hay storage, equipment shops, and cross-fenced paddocks. The 96± acres include 40± acres of wheel-line irrigated land, 47± acres of native pasture, and 9± acres of improvements, with Camp Creek running through the property.
Listing Agents: Stephen Leibinger & Michael Swan @ Swan Land Company Via Redfin