Missoula Ranches for Sale | Live Water Properties | Montana Ranches (2024)

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Ranches for Sale in Missoula, Montana

Rated byOutside Magazineas one of the “25 Best Small Towns in America,”Missoulais a vibrant university town located in Montana’s stunning Bitterroot Valley. Known as Montana’s “Banana Belt” for its slightly warmer temperatures, the Bitterroot Valley is home to some of Montana’s best recreational activities. River, small stream, and lake fishing are all within a short cast. The abundance of public land allows for great hiking, biking, hunting, and skiing adventures with potential for new exploration. Lost Trail Ski area is an exceptional family ski area at the south end of the Bitterroot. For the golfer, there are 10 private and public courses from Hamilton down to Missoula.

Missoulians are known for taking pride in the arts, music and all that makes their city and area special. The Missoula County Airport is a commercial airline facility and is currently served by Alaska, Delta, United, and Allegiant Airlines. Hamilton and Missoula offer excellent services, including sport and fly shops, shopping, premier restaurants, medical and emergency health services.

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Recently Sold In Missoula Ranches for Sale

Sold: 2021 Little Beaver Creek Ranch Huson, Montana 1,089 Acres $6,495,000 View Details
Sold: 2021 Big Sky Ranch at Nine Mile Huson, Montana 463 Acres $3,200,000 View Details
Sold: 2020 Mielke Farm Hamilton, Montana 102 Acres $1,395,000 View Details
Sold: 2019 Eagles Rest Big Fork, Montana 26.71 Acres $10,500,000 View Details
Sold: 2019 The Last Homestead Condon, Montana 760 Acres $9,500,000 View Details
Sold: 2019 Hayes Ranch Potomac, Montana 1,736 Acres $4,900,000 View Details
Sold: 2019 Reverie Lodge on Lost Horse Creek Hamilton, Montana 20 Acres $2,750,000 View Details
Sold: 2017 Lazy M Ranch Augusta, Montana 590 Acres $3,400,000 View Details



We at Live Water Properties, LLC seek to connect hunting, fly fishing, conservation, farms, plantations, and equine properties for sale with people who value them.

Live Water Properties is a ranch and land real estate brokerage specializing in land and ranches for sale. Live Water Properties represents clients in the acquisition and disposition of investment quality ranch properties in Wyoming, Montana, Colorado, Idaho, Oregon, Nebraska, California and Utah and land properties in Florida, Georgia and South Carolina. Our focus is on fly fishing ranches, hunting ranches and cattle and guest ranches, as well as farms, plantations, timber, equestrian and sporting properties for sale.

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Meet the Missoula Ranches for Sale Ranch Team

Craig Janssen Associate Broker
Jack McInerney Associate Broker
Logan Young Sales Associate

Missoula Ranches for Sale Landowner Insights


Preparing to Sell Your Ranch: Expert Advice from a Ranch Broker

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By Live Water Properties Staff[caption id="attachment_26241" align="alignright" width="267"] COO/Broker John Merritt[/caption]As we flip the calendar ...

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Wyoming Ranch Broker Matt MacMillan Crowned Live Water Properties’ 2023 Top Producing Broker

[caption id="attachment_26230" align="alignright" width="267"] Matt MacMillan[/caption]JACKSON HOLE, WYO – Wyoming ranch real estate broker Matt MacMillan ...

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The Advantages of Colorado Ranch Investments

by LWP Staff“Colorado is the gateway to the Mountain West,” says Brian Hartley, Live Water Properties’ Associate Broker specializing in Colorado ranches ...

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Texas Hill Country: Water Unlike Anywhere Else

A cause-and-effect case study of what happens when urban and suburban migration collides with rural areas and natural resourcesby LWP StaffWater is a ...

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Top Big Game Hunting Ranches of 2023

Discover this year's Big Game Hunting Report for an opportunity to engage with our brokers on their insights, revealing the interplay between land, wildlife, ...

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Live Water Properties Welcomes Bill Calton and Jon Callaghan to Southern Team

Live Water Properties is pleased to announce the expansion of their platform in the southeastern United States, with the addition of Bill Calton and Jon Callaghan.[caption ...

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Insider’s Guide: So, You Want to Buy a Texas Ranch?

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The 2023 Mountain West Fly Fishing Report

Following an exceptional snowpack during the previous winter and one of the rainiest springs in recent history, July arrives in the West with flourishing water ...

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How to Choose the Right Ranch for Sale in Wyoming

Wyoming is called the "Cowboy State" and "The Forever West" for a reason. It is a destination for nature adventures where the majestic Rocky Mountains meet ...

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Considering Buying a Ranch in Montana?

Why are you interested in owning a Montana Ranch?You may be searching for a Montana ranch for sale because you have become a fan of the show Yellowstone. ...

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Missoula Ranches for Sale Client Testimonials

"If you are considering purchasing a ranch in Montana, Idaho or Wyoming we can’t say enough great things about Jeff Shouse. Jeff is one of the smartest, driven and honorable people I know. When he’s negotiating on your behalf he is firm, but fair, and delivers results. Jeff’s knowledge and insight of ranches is phenomenal and his ability to keep transactions on track and moving forward is world class. Jeff started out as our broker and quickly became a trusted advisor and friend. Thank you Jeff for helping us find and buy our dream ranch!"

Ben and Liz Little,ST Bar Ranch

"We are writing you to relate our experience of dealing with Toby Griffith in the sale of our property at 123 Dallas Dome Rd. near Lander, WY. We had a very positive experience dealing with Toby, and have recommended him to acquaintances looking to sell a ranch. From the beginning, we feel Toby did an excellent job of guiding us through the whole process, explaining options, answering questions, and most importantly, keeping in touch. Toby was sensitive to the fact we had put so much blood, sweat, and tears into our ranch over the last 28 years, and that we wanted to be selective as far as who the next owner would be. He is just a great individual to work with all the way around. In addition to the successful sale of our ranch, we feel we have gained a friend. We were also impressed with the web brochure the LiveWater team assembled, and how the property was marketed in general."

Bill and Norma Yankee,Yankee Ranch

"Latham was incredibly helpful and went above and beyond. I was an out-of-town buyer, so I really needed someone that I could trust and who could be patient with us. His local knowledge and network of contacts have been incredibly helpful post-sale as well. I cannot recommend Latham highly enough."

Buyer of 4365 Balsam Lane

"On behalf of the whole Carter family, I want to express our appreciation for the wonderful way in which Tate and Matt handled the sale of the Soda Springs Ranch. There are so many details and legal things that needed to be done and you guys Were totally on top of it. I have had discussions with the new owner and they seem to be a wonderful ranch family that will enjoy the ranch hopefully as much as our family has in the past.Thank you very much."

Elizabeth Smith,Carter Ranch

"Our entire experience of Tate Jarry and of successfully selling our property in Cora, Wyoming was outstanding. His knowledge of the real estate market combined with his creation of extraordinary promotional materials which highlighted the unique qualities of our specific location generated interest locally as well as internationally. Through his clarity in all communications, he represented us and our goals as sellers and brought integrity to every aspect of the sales process. We are very pleased to have had the opportunity and good fortune to have worked with such an energetic, personable, and committed agent."

Holland Dutton and Malcolm Morelli

"I just completed my second Montana purchase with Craig Janssen and Live Water. In both instances, Craig worked with both the seller and me as Buyer, and in both cases, I felt that he was looking after my interests as well as those of the seller. Craig was thorough and professional in all respects. He was responsive in a timely manner, a big thing with me, to all my questions. And if he didn’t have an answer, he got it for me right away.This last transaction was old school, no drama, blowups, or posturing. Craig’s ethics, diligence, and demeanor did much to maintain this tenor and contributed significantly to a transaction that, dare I say, was enjoyable. Above all, Craig is a straight shooter, trustworthy, and a good guy. With agents like Craig, it’s no wonder that Live Water Properties has the reputation and success it has."

J. Magee,Montana Ranch Buyer

"Over course of two years, Latham helped us find our dream mountain home in Jackson Hole. We started with a blank slate and he diligently showed us around the valley. We toured many homes and ultimately were able to narrow our search to one property in Teton Village. He provided tremendous insight on value, pros/cons and future enhancement potential, etc. Best of all, many of these meetings were held on the chair lift! Thank you Latham!"

J. Mishurda,Wyoming Buyer

"Ryland has proven to be an exceptional real estate broker with many facets of ranch property experience. From the first day, we unexpectedly crossed paths, I knew he was a genuine and respectful human being. I have worked with many real estate companies and realtors and have never experienced the professionalism and attention to detail I received from the team at Live Water Properties.Being a recently divorced lady, I also felt from day one, Ryland had my best interest at heart and was only striving to put an awesome business deal together for me but not without maintaining our strong friendship in the end and making sure I was completely happy and comfortable with the sale.I have recommended LWP to numerous friends and will continue to do so in the future."

Marlene Stanley,Stanley Ranch

"I sought a top-notch real estate expert for a complicated sale of a landmark family estate withmultiple houses and multiple parcels complicated by land trust easem*nts and a meanderingriver targeted for salmon and steelhead restoration projects. My most trusted local ColumbiaRiver Gorge real estate broker recommendedRylandMoore to take on such aproject.Rylandidentified appropriate prospective buyers and successfully navigatedunforeseen obstacles along the way, including working with our surveyor, county officials andthe title company to complete property line adjustments and correct legal descriptions. A verytight deadline was met due to his diligence and commitment to our needs. I cannot offer ahigher recommendation regarding the services provided byRyland Moore."

Michael Pittock Mills, Elk Haven

"We have been active owners and operators of Healing Waters Lodge in Twin Bridges, Montana, as well as the largest outfitter on the Smith River in Montana. These are both two unique fishing opportunities. Healing Waters Lodge was the Orvis Endorsed Lodge of the Year in 2020. The Smith River is the most coveted fishing, floating, and camping trip in Montana with only 73 commercial permits a year. There was a level of complexity in putting this sale together and Matt MacMillan along with the people at Live Water Properties were exceptional. Matt was detail oriented, a great listener with the ability of distilling the complex into simple English. He was also available 24/7 for any questions, thoughts, or banal utterances. All of which he handled with good humor, kindness, and intelligence. We dealt with transferring government issued permits and water rights, as well as constructing a contract that was workable and ultimately led to a successful transaction. Plus, he can row a boat."

Mike Geary, Seller of Healing Waters Lodge

"Now that we are fully moved and settling in, Carolyn and I wanted to thank Matt and Live Water Properties for the diligence, patience and expertise. Moving 1,800 miles while vetting easem*nts, multiple water rights, land trusts and public land access (on top of the usual issues with any real estate purchase) could have been overwhelming. By making this process efficient and bringing clarity, Matt was key to us realizing a dream. We could not be happier with our purchase!"

Randy & Carolyn Taylor,Homestead Draw

"We met Mark Harman in April 2020, and he served as our broker to help us find our ideal Texas ranch. Mark has a remarkable real estate and ranch skill set, including the foresight to engage a Wildlife Biologist to provide us expert counsel on how to handle the deer population on the 940-acre ranch we wanted to purchase. Mark always had our best interest in mind as we worked through these and other issues, and kept the deal on track.Without Mark’s expertise, extensive diligence and incredible hard work, the deal would not have closed. Mark also provided us with great counsel and contacts to choose a ranch manager and custom home builder. We thoroughly enjoyed working with Mark, and highly recommend him for premier land acquisition in Texas."

Roland and Lynne Smith,Texas Ranch Buyer

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Missoula Ranches for Sale | Live Water Properties | Montana Ranches (2024)


Who just bought the biggest ranch in Montana? ›

340,000-acre Montana ranch sold to Rupert Murdoch; biggest in state's history. Rupert Murdoch recently purchased Beaverhead Ranch in southwest Montana from Koch Industries. The price tag for which makes it the largest ranch sale in the state's history. Beaverhead Ranch sits on 340,000-acres of private and leased land.

What is the largest ranch sale in Montana? ›

The record for a Montana ranch sale was set in 2021 with the roughly $200 million sale of Beaverhead ranch to media mogul Rupert Murdoch.

How much is an acre of ranch land worth in Montana? ›

Dollar per acre sales price for properties with 640+ acres in western Montana have been steadily increasing over the last 30 years, with an average dollar/acre value of $1,255 (1990-2020). Dollar per acre sales in western Montana reached a new high in 2021 at $2,115/acre.

Did the IX Ranch sell? ›

The ranch was officially sold on Aug. 1. David Johnson, a real-estate partner for Hall & Hall in Bozeman, told DTN that he and the sellers, the Roth family, are under a confidentiality agreement not to disclose the new owners or the price paid for the IX Ranch.

Who is the richest landowner in Montana? ›

Farris and Dan Wilks.

Montana holdings include the N-Bar Ranch near Lewistown and ranches and properties in Bighorn, Garfield, Meagher, and Blaine counties. They are also reportedly one of the top ten landowners in the U.S. They are reportedly worth over $,5,000,000,000.

Who owns the 6666 ranch in Montana? ›

As of 3 December 2020, the ranch was being sold in accordance with the will of owner Anne Burnett Marion, who had died in February that year; it was listed on the market for a total of $347.7 million. In May 2021, a buyer group represented by screenwriter Taylor Sheridan purchased the ranch.

What actor owns a ranch in Montana? ›

Michael Keaton lives somewhere in the Big Timber area near Livingston, but his exact location is unknown. Helena's Independent Record article from October 1986, reported that he owns a 565-acre ranch south of Big Timber.

Who owns the N bar ranch in Montana? ›

The N Bar Ranch in central Montana is one of several properties purchased recently by Dan and Farris Wilks of Texas. The Wilks brothers' land purchases put them on the list of the top 100 landowners in the nation.

Who owns the Galt ranch in Montana? ›

Bill Galt - Owner - Galt Ranch | LinkedIn.

How much land can you homestead in Montana? ›

But it was the Enlarged Homestead Act of 1909 that brought the greatest influx of homesteaders to Montana. Most were individual farmers. This new act doubled the amount of land available for claim to 320 acres and later shortened the "prove up" time to three years.

How many acres do you need for a profitable ranch? ›

For cows and calves, a general rule of thumb is to have 1.5 to 2 acres of land per cow. This means that if you plan on having 100 cows, you will need at least 150 to 200 acres.

Who bought the 666 ranch? ›

Sources did confirm that the sale was made to a group led by screenwriter/producer Taylor Sheridan, who grew up in Texas and graduated from R.L. Paschal High School in Fort Worth. Sheridan is a co-creator and producer on the popular Paramount Network television series “Yellowstone” and a spin-off series, “1883”.

What ranch did Rupert Murdoch buy? ›

In 2021, Rupert Murdoch purchased the iconic Beaverhead and Selkirk divisions, merging them into what is now Matador Ranch and Cattle. The joining of these two divisions offers a unique opportunity to advance and improve an already robust cattle operation on a one-of-a-kind scenic and resource-abundant landscape.

How much did the 46 ranch in Texas sell for? ›

The Four Sixes Ranch, located about 200 miles from Fort Worth, sold for $192.2 million Friday. The ranch, which contains over 142,000 acres, was reportedly purchased by a group led by ”Yellowstone” producer Taylor Sheridan. Sam Middleton, the owner of Chas S.

What ranch sold for $200 million in Montana? ›

Rupert Murdoch and his wife, Jerry, paid $200 million to buy a Montana ranch home to 12,000 cattle from the founder of Koch Industries, marking the biggest such sale in the state's history.

Who owns the largest privately owned ranch? ›

The largest private landowner in the United States is the Emmerson family, which owns and operates Sierra Pacific Industries, one of the largest lumber producers in the country.

Who owns the biggest ranch in Yellowstone? ›

Yellowstone Dutton Ranch is the largest ranch in the United States located in the Paradise Valley in Park County, Montana, east of Bozeman and west of Livingston. The ranch is owned by John Dutton.

Who owns the 73 ranch in Montana? ›

Russell National Wildlife Refuge. HELENA — American Prairie has announced the purchase of the 73 Ranch, located along the eastern side of the Musselshell River in Garfield and Petroleum Counties, for an undisclosed amount.

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