Meadow Home FOR SALE

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121 Old Toby Road

$4,100,000

Big Sky, MT, 59716 MLS: 411365

Property Details

Status: Active
Property Type: Home
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Square Footage: 2,510
Stories: 2
Acreage: 20.01
Garages: 2
Year Built: 2005
Subdivision: Lost Trails
Taxes: $13,018 (2026)
List Date: May 18, 2026
HOA Fee: $7,428 / Annually

Property Description

Between Bozeman and Yellowstone National Park, this extraordinary 20-acre property offers unmatched privacy and sweeping panoramic views, just ten minutes from both Big Sky Resort and Town Center. A sunlit meadow framed by mature spruce and aspen trees serves as the future main house site, capturing breathtaking vistas of Lone Mountain, the Spanish Peaks, the Yellowstone Club, and Buck Ridge. A 2,000-square-foot guest house crowns a landscaped knoll overlooking the meadow. Designed with mountain character and artisan craftsmanship, it features soaring ceilings, a dramatic stone fireplace, a hand-crimped copper roof by renowned metalworker Mike Winters, and a whimsical glass-floor cupola. Luxurious touches include radiant heat, Lutron lighting, a steam shower, and a full washer and dryer. Above the oversized two-car garage, the caretaker’s quarters offer additional guest accommodations with warm barnwood interiors, wide-plank Douglas fir floors, and a river rock shower with a cracked marble floor. The 20-acre grounds are beautifully manicured, with rolling lawns, rock gardens, and nearly a mile of private hiking and fitness trails. In winter, the coveted Boomerang Nordic trail—part of Lone Mountain Ranch’s nationally acclaimed network—winds discreetly through the property, offering direct access to world-class cross-country skiing. Amenities include a six-person hot tub, lantern-lit driveway, Starlink internet, ADT security with cameras, and an extensive irrigation system. This is a rare Big Sky legacy property, offering the perfect blend of privacy, luxury, and year-round recreation.

Additional Property Features

Interior: Wet Bar, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Washer
Views: Mountain(s), Southern Exposure, Valley, Trees/Woods
Heating: Radiant Floor
Cooling: Wall/Window Unit(s)
Flooring: Hardwood, Partially Carpeted
Home Style: Cabin, Custom, Rustic
Additional Structures: Guest House
Patio/Porch: Deck
Utilities: Propane, Phone Available, Septic Available, Water Available
Room Types: Bedroom, Dining Room, Full Bath, Kitchen, Laundry, Loft, Living Room, Office
Lot Features: Gravel Driveway, Landscaping
Listed By: Outlaw Realty

Location

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Data Last Updated from Big Sky Country MLS: June 15, 2026 at 8:15 pm (MST)

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