x
Favorite
Close

Lost Heart Ranch Ennis Lake Rd

$23,500,000

McAllister, MT, 59740 MLS: 404797

Property Details

Status: Active
Property Type: Home
Bedrooms: 4
Bathrooms: 4
Full Baths: 4
Square Footage: 13,842
Stories: 2 Floors no Basement
Acreage: 2725
Garages: 4
Year Built: 1972
List Date: July 2, 2025
Listed By:
Jeremy Henrichon, The Big Sky Real Estate Co.
Benchmark Real Estate Brokers
PureWest Real Estate Ennis

Property Description

Located on the north shore of Ennis Lake in McAllister, Montana, this legacy property presents a rare opportunity to acquire just over 2,700+/- acres in one of Montana’s most desirable valleys. The offering combines lake frontage, agricultural production, equestrian infrastructure, conservation or development potential, and a fully operational commercial component. Showing by appointment only. A working ranch with residential, livestock, and infrastructure elements in place, Lost Heart Ranch anchors the entire offering. It is subdivided into 45 legal parcels, making if a great candidate for a conservation easement, possible development, and generational use. Includes 2,500± SF 4BD/3BA main residence (1994), 2,400± SF equipment shop with attached 2BD/1BA residence (2004), 3,100± SF livestock barn, and 1400± feet of lake frontage. A rare, turnkey 23.18 acre equestrian facility located on the lake, this component of the offering includes a 6,344+/- SF luxury home with a pool, lake frontage, and full horse infrastructure. The commercial asset of this property, Lake Shore Lodge offers a strong base for hospitality, storage, and lakefront access with expansion potential. Features 42 full-service RV sites (50 amp), office/store and bathhouse with laundry, 3 dry cabins and 3 additional 4 season rental cabins, room for employee housing, marina with 10 docks and seawall. 2 drain fields and 7 holding tanks with room for expansion.

Excellent potential for income generation or private estate repurposing. With panoramic views in every direction—Lone Peak to the east, the Centennial Mountains to the south, and the rugged Tobacco Root Mountains to the west—the property features diverse topography including productive pasture, riparian corridors, and juniper-covered hillsides. Comprising three primary components—Lost Heart Ranch, Lake Shore Equestrian Estate, and Lake Shore Lodge—this property supports year-round ranching, recreation, and income generation, all just minutes from Ennis and under an hour to Bozeman.

Additional Property Features

Appliances: Disposal, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer
Home Style: Ranch
Additional Structures: Arena, Corrals, Equipment Barn, Hay Barn, Livestock Barn, Loafing Shed, Shed, Shop, Stable, Stock Pens, Tack Room

Location

Request Property Information

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name:*
Are you currently working with an agent?*

MM slash DD slash YYYY
By submitting this form, I consent to being contacted by an agent of The Big Sky Real Estate Co via phone or text, including the use of automated technology. I authorize my information to be shared with one of their agents so they can reach out to me about real estate opportunities. I have read and agree to the Terms of Use and Privacy Policy.
This field is hidden when viewing the form
This field is hidden when viewing the form
Consent
This field is hidden when viewing the form
Email Subscribe

Similar Properties

Data Last Updated from Big Sky Country MLS: Manually (MST)

Stay Up to Date

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name:*