Build your Montana dream on this level 0.389-acre lot in Hebgen Lake Estates, positioned between Hebgen Lake's legendary fishing waters and Yellowstone's west entrance. This ready-to-build parcel offers sweeping views and captures authentic Southwest Montana living where wildlife roam and world-class recreation is at your doorstep. Electric service is available nearby, with public water and sewer serving the subdivision. The HOA maintains year-round road access with snow removal included in the $75 annual dues. Flanked by the Madison Arm and Grayling Arm of Hebgen Lake, you're minutes from the world-famous Madison River—one of Montana's most celebrated blue-ribbon trout fisheries—and less than 15 minutes to West Yellowstone's amenities and the park entrance. Whether you're planning a vacation cabin near Yellowstone, a retirement retreat steps from trophy trout water, or a year-round residence with unlimited snowmobiling access, this lot delivers. The flat topography makes construction straightforward, while protective covenants preserve the residential character and your investment value. The subdivision maintains a peaceful community atmosphere and does not permit short-term vacation rentals. Winter brings hundreds of miles of groomed snowmobile trails, while summer offers world-class fishing at every turn. This is your opportunity to own in one of the most spectacular corners of the Northern Rockies where authentic Montana living meets unmatched outdoor adventure.

Listing courtesy of Tyler Johnson of Windermere Great Divide-Bozeman



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Last checked: 2026-02-04 11:00 PM UTC