Other in Belgrade, MT

Positioned for commercial potential in the highly sought-after Springhill area of Gallatin Valley, this property offers 33 acres with 20+/- acres eligible for subdivision or future development. With no HOA and no active covenants, this property presents a rare opportunity for investors, event operators, or equestrian ventures seeking flexibility and expansion potential just 8 miles from Bozeman and 10 minutes from BZN/Yellowstone International Airport. At the heart of the property, the historic Star M Barn-originally hand-raised in 1917 and extensively restored from 2018 to present-offers exceptional versatility as an established seasonal wedding venue, with potential for expanded event operations or alternative commercial uses such as an equestrian facility. The barn features a fire suppression system, high-speed internet capability, LED lighting, and a propane fire pit, creating an inviting and functional gathering space. Set against sweeping views of the Bridger Mountains and Ross Peak, the property includes a seasonal creek flowing through the property. Multiple residential structures enhance both livability and income potential, including a 3 bed, 2 bath reclaimed lumber guest house (2022), a newly completed 1 bed 1 bath guest cabin (2024) and an upgraded 4 bed, 2 bath historical farmhouse with new furnace and septic. Additional improvements include a heated and insulated 40x60 shop (2021), converted office space, and an RV pad with full hookups. For agricultural or equestrian operations, the property is equipped with a corral area, small smokehouse, and two squeeze chutes. The north and south 10-acre parcels remain undeveloped and are currently leased for farming, offering agricultural tax benefits. Infrastructure is in place for future expansion, including 800-amp electrical service, four wells, and three septic systems-two of which allow for additional structures. Combining commercial opportunity, development potential, and Montana heritage, Star M is a truly rare offering suited for investors, business owners, or those seeking a legacy property with multiple revenue streams.