Montana Land News

The Beartooth Ranch, formerly owned by film star Mel Gibson is back on the market.  The ranch totals 12,350 deeded acres and is listed by Hall & Hall for $29.8MM.  Gibson owned the ranch from 1988 to 2005, and then sold reportedly on a handshake to adjoining neighbor Kent Williams, who created Montana Silversmiths.  The ranch was a registered Angus producer under Gibson's ownership, but was...

Every Wednesday, Montana Land Source puts out an email that lists all the new land listings, pendings, sales and price changes across all of Montana as well as news and events relevant to the Montana land market.  The email is available to our free and paid subscribers, with over 4,700 recipients receiving the email each week.  For years the email has been called the Weekly Market Update.  We...

Andy Rahn from Montana Land Source will be a presenter at the 2020 Winter Thaw Conference in Billings, Montana on February 22, 2020 at the Northern Hotel.  Andy's presentation will be part of the Tips for Adding Profit to Your Ranch portion of the day-long event from 9:00 am to 10:00 am.  Andy's presentation is titled "Better Understanding of Land Values," and will focus on understanding land...

The 1st Annual Winter Real Estate Roundup was a first-time collaboration between Montana rural land appraisers and land brokers to provide a high-quality off-season education and networking seminar for Montana's top rural real estate industry professionals.  The three-day event was held January 28 - 30  in Bozeman, and was a resounding success.   The seminar was jointly organized by the Montana...

The Billings Farm & Ranch Brokers has elected new officers at the first meeting of the year held on January 2, 2020. New officers are as follows: New President - Bryan Gentry - Broker, BSG Real Estate Solutions New Vice President - Colter DeVries - Broker, Clark & Associates Land Brokers New Secretary/Treasurer - Andy Rahn - Owner, Montana Land Source 2020 membership forms will be made...

The large Paradise Valley Ranch south of Livingston has sold to area land owner Arthur Blank, co-founder of Home Depot and owner of the Atlanta Falcons.  Blank has owned the 7,900-acre Mountain Sky Guest Ranch located about fifteen miles to the southwest since 2001, and had recently purchased the adjoining 6,600-acre West Creek Ranch in 2017.  The Paradise Valley Ranch was owned by the Cargill...

The Southwest Montana Farm & Ranch Brokers had an informative meeting, with Max Hansen, Managing Director of Accruit giving an update on the current state of 1031 Exchanges, and Sean Puckett, CFA, Founder and CEO of NextGen Private Wealth presenting on Delaware Statutory Trust (DST) 1031's.   The slides from the presentation are available below.  

Congratulations to Bill and Dana Milton of the Milton Ranch in Roundup, Montana.  Bill and Dana were honored with Montana’s first Sand County Foundation Leopold Conservation Award for their inspirational work managing their ranch with a conservation ethic to improve the health and resilience of their rangeland.     

The November 2019 Billings Farm & Ranch Brokers meeting was well attended, with Andy Rahn from Montana Land Source giving a presentation on Montana land market values and trends, focusing on eastern Montana.  In addition to the presentation, there was an open discussion on the land market from the group that included brokers and appraisers. In general, the consensus is that the market is...

The Silver Spur Ranch has gone under contract with the purchaser of the property being an area land owner.  Purchase negotiations took place between the buyer and seller at the auction, with the deal being made prior to auction.  The transaction will be pending for 30 days.