LENNON RANCH
Bozeman, Montana
$4,795,000
134± Acres
INTRODUCTION
Tucked into the storied landscape of Bridger Canyon, Lennon Ranch offers a rare blend of privacy, space, accessibility, and panoramic views. Spanning nearly 134± acres and bordering 354± acres of state land, this custom retreat sits just minutes from both Bozeman and Bridger Bowl ski area.
Here, sweeping meadows, rugged rock formations, and mature trees create a dynamic setting rich with wildlife and seasonal beauty. At its heart sits a modest yet thoughtfully crafted 2,863± square foot residence with three bedrooms, two full bathrooms, two half bathrooms, two kitchens, and multiple living areas. Dual primary suites on separate levels provide flexibility for hosting and everyday living.
Adjacent to the home, a detached two-stall, four-car heated garage is accompanied by a studio, a productive greenhouse, and additional outbuildings, shaping a true four-season haven for gardening, creativity, and enjoying nature at its finest. Bridger Canyon is synonymous with refined mountain living, offering expansive properties, architectural character, and direct access to some of Montana’s best recreation.
1 Lennon Ranch | Bozeman, Montana
QUICK FACTS
• 134± deeded acres in desirable Bridger Canyon’s Tepee Ridge Subdivision
• Contiguous to 354± acres of state land
• Located less than 20± minutes from downtown Bozeman, Montana
• 2,863± square foot main residence with 3 bedrooms, 2 full baths, 2 half baths, 2 kitchens, and two primary suites
• Multiple indoor and outdoor living spaces
• Detached two-stall, four-car heated garage
• Greenhouse, studio, and workshop
• Year-round accessibility with very wellmaintained HOA roads
• Breathtaking views of the Bridger, Bangtail, Spanish Peaks, and Gallatin mountain ranges
• Abundant wildlife including elk, deer, black bear, moose, and grouse
• 20± minutes to Bridger Bowl Ski Area and Crosscut Mountain Sports Center
• 35± minutes to Bozeman-Yellowstone International Airport
• Approximately 1 hour 45± minutes to Yellowstone National Park
Lennon Ranch | Bozeman, Montana
ACREAGE
Encompassing 134± deeded acres and adjoining 354± acres of state land, Lennon Ranch stands as the largest parcel within the Tepee Ridge subdivision in the heart of Bridger Canyon. Elevations range from approximately 5,880 to 6,840 feet, revealing a diverse landscape of rock outcroppings, sloping meadows, and mature timber. The residence is thoughtfully positioned on a sunny, elevated homesite, capturing commanding views of the Bridger Mountains, Gallatin Valley, and the Spanish Peaks near Big Sky.
Seasonal wildflowers blanket the hillsides, complemented by curated stonework and terraced gardens that enhance the natural setting. Protected by the Bridger Canyon Zoning District, the surrounding area is safeguarded from significant subdivision, preserving both privacy and long-term value. With a harmonious balance of intimate forested areas and expansive vistas, the property offers exceptional seclusion alongside convenient access to Bozeman and Bridger Bowl. Wildlife thrives here, with elk frequently seen throughout the land. Accessed via a private, winding gravel drive, the approach leads through a wooded setting to a sunlit knoll where the improvements take full advantage of panoramic views. Several downhill ski runs have been cut from the home down to the driveway.
5 Lennon Ranch | Bozeman, Montana
Lennon Ranch | Bozeman, Montana
IMPROVEMENTS
Constructed in 1996 with the owner’s hands-on involvement, the modest 2,863± square foot main residence is positioned to take full advantage of its sweeping western views of the Bridger Mountains and the Gallatin Valley. The home includes three bedrooms, two full baths, two half baths, two kitchens, and dual primary suites. Sunlight pours into thoughtfully designed interiors, creating warm, open living spaces ideal for entertaining or accommodating extended family. Outdoor patios and decks seamlessly enhance the home’s livability.
OUTBUILDINGS
• Detached two-stall, four-car heated garage
• Studio/workshop space
• Greenhouse
• Additional garden beds and fenced areas for small-scale agriculture
Lennon Ranch | Bozeman, Montana
RECREATION SKIING
During the winter season, tremendous downhill skiing is available just 15± minutes away at Bridger Bowl Resort. Bridger Bowl Ski Resort is a tremendous asset to the Bozeman community. Considered “Bozeman’s own resort”, Bridger Bowl offers an intimate atmosphere where tickets are affordable, lift lines are short, and the skiing is fantastic. A total of 8 lifts service 2,000 skiable acres with a 2,600-foot vertical drop. Three lodges give skiers plenty of room to warm up and refuel. Jim Bridger Lodge and Saddle Peak Lodge are located at the base area, and Deer Park Chalet and Alpine Cabin are located at mid-mountain.
Big Sky Ski Resort, located 45± miles southwest of Bozeman, is an international destination for skiers and summer vacationers. In winter, Big Sky offers 3,812 acres of skiable terrain across 3 mountains. If that is not enough, the Lone Peak Pass gives access to neighboring Moonlight Basin and adds 1,900 acres, bringing the total to 5,512 acres of fresh powder and long, winding groomed trails. Big Sky Resort features year-round recreation, including downhill and crosscountry skiing, fly-fishing, horseback riding, river rafting, and golfing. Just south of Big Sky is the renowned Yellowstone Club. The world’s only private ski and golf resort offers a quiet retreat for its members.
Crosscut Ranch Mountain Sports Center sits on 500 acres and is adjacent to Bridger Bowl Ski Area, just 15± minutes away. Crosscut is a nonprofit organization dedicated to serving the community and visitors alike with 28 miles of trails. They offer human-powered recreation, outdoor education, and ski biathlon, and mountain bike programs for all ages, abilities, identities, and backgrounds.
FISHING | FLY FISHING
Nearby Bridger Creek offers an exceptional small-stream fishery, supporting healthy populations of rainbow, brown, and brook trout. With limited public access and minimal fishing pressure, the creek provides eager fish and consistent action. Prime conditions occur from mid-summer through early fall, when trout readily rise to attractors, terrestrials, and seasonal hatch imitations.
While exceptional fishing can be found very close to home, the opportunity to explore other waters is always part of the experience. From the ranch, anglers enjoy convenient access to an extraordinary range of world-class fisheries. The Madison, Gallatin, and Yellowstone Rivers- just 15 to 45 minutes awayare globally recognized for their prolific trout populations, breathtaking scenery, and storied legacy influenced by icons such as Joe Brooks, Charles Brooks, and Bud Lilly.
Renowned worldwide, the Madison, Yellowstone, and Gallatin Rivers offer extraordinary dry fly fishing across every season. From delicate spring hatches of blue-winged olives and midges to the iconic salmon fly emergence in early summer, followed by prolific mayfly, caddis, and terrestrial action, these rivers deliver consistent excitement. Combined with exceptional streamer and nymph fishing, they provide a dynamic and rewarding experience for both novice and seasoned anglers. Trophy-class trout over 24 inches are regularly encountered.
Beyond the immediate area, an exceptional collection of blue-ribbon fisheries awaits within a 1.5± hour drive, including the Jefferson, Ruby, Big Hole, Missouri, and Beaverhead Rivers. Equally notable are the legendary fee-access spring creeks of Paradise Valley—DePuy, Armstrong, and Nelson—located just 30± miles from the ranch along the Yellowstone River. Countless additional tributaries, spring creeks, and mountain lakes provide a lifetime of discovery for discerning anglers For those inclined to venture farther, world-class destinations lie just one to two hours away. The legendary Henry’s Fork in Idaho and the pristine waters of Yellowstone National Park offer extraordinary angling opportunities. As the source of many famed rivers, Yellowstone’s nutrient-rich fisheries contribute to the region’s reputation as one of the finest trout habitats in North America. The sheer breadth of water ensures endless exploration for even the most seasoned angler.
Lennon Ranch | Bozeman, Montana
OTHER RECREATION
The Bozeman area, and especially Bridger Canyon, is known for attracting outdoor enthusiasts yearround. At Lennon Ranch, that connection to nature is on full display, with an impressive array of wildlife, including a substantial elk herd, deer, black bear, moose, grouse, and many other species found throughout the Greater Yellowstone Ecosystem. There are many U.S. Forest Service access points in Bridger Canyon, which are ideal for a variety of recreation. Summer activities just minutes away from the ranch include hiking, biking, horseback riding, fly fishing, whitewater rafting, rock climbing, and golfing.
The Lennon Ranch is ideally located within minutes of some of Montana’s most renowned fly-fishing water: the Madison, Jefferson, Yellowstone, and Gallatin Rivers. Beyond these iconic fisheries, an abundance of lakes and streams across the Gallatin Valley and adjacent Forest Service lands provide an exceptional variety for anglers of all levels.
WILDLIFE
The Lennon Ranch sits in the heart of one of the busiest travel corridors for the growing Bridger Range elk herd. Bridger Canyon is known for its exceptional elk and trophy whitetail deer, and this property is no exception, offering a premier habitat for both species. Generally, 10-15 elk calves are on the property each spring. The property also serves as a haven for raptors and songbirds. The surrounding area provides upland bird hunters with excellent opportunities to pursue Hungarian partridge and grouse. The ranch is within a short distance of Yellowstone National Park and the Gallatin National Forest, two of the nation’s premier habitats for protected species like grizzly bears, lynx, wolverines, and wolves.
Lennon Ranch | Bozeman, Montana
Lennon Ranch | Bozeman, Montana
LOCATION
Set in the heart of Bridger Canyon, Montana’s first protected zoning district, this property enjoys a unique combination of privacy and accessibility. The canyon is celebrated for its scenic beauty, minimal development, and convenient location between Bozeman and Bridger Bowl.
Bozeman, a lively university town with around 58,000 residents, offers top-tier dining, art, music, and a bustling downtown. Montana State University and the Museum of the Rockies provide rich educational and cultural experiences to this vibrant community.
The Bozeman-Yellowstone International Airport is less than 30 minutes away and offers daily flights via major airlines and private aviation services.
Lennon Ranch | Bozeman, Montana
MINERAL RIGHTS
All mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing. Mineral rights are not guaranteed. It is suggested that the buyer conduct a mineral search with a title company.
CONSERVATION | STEWARDSHIP
Each of us at Fay Ranches loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay Ranches has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay Ranches is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape.
18 www.fayranches.com | 800.238.8616 | info@fayranches.com
WATER RIGHTS
Montana waters, in all their varied forms and locations, belong to the State for the benefit of its people. A water right is the right to use the water within state-established guidelines, and not any ownership of the water itself. Since water rights in Montana are guided by the prior appropriation doctrine, a person’s right to use a specific quantity of water depends on when the use of water began, establishing the relative priority date of use on the water source. The first person to use water from a source established the first right, the second person could establish a right to the water that was left, and so on. Additionally, water users are limited to the amount of water that can be beneficially used. Beneficial use includes, but is not limited to, agricultural, recreational, fish, wildlife and domestic purposes.
Montana is currently conducting a statewide adjudication of all water rights with priority dates prior to July 1, 1973. The statewide adjudication is a court process that prioritizes and quantifies all existing water rights in each Montana drainage basin. With 85 basins in Montana, and over 219,000 water right claims, the statewide adjudication is a massive undertaking that is expected to stretch well into the future. Until the adjudication process is complete, the status of any particular water right claim cannot be guaranteed. Fay Ranches, Inc., its brokers and salespersons do not warrant or make any representation concerning the quantity or quality of any water rights, nor any legal entitlement to use of water rights, permits to appropriate water, exempt existing rights, determination of existing water rights, nor any ditches, ditch rights, or ditch easements appurtenant to or constituting a burden on the property. Water rights claims appurtenant to the property may or may not have been fully or finally adjudicated, and any buyer is advised to make any offer to purchase contingent upon and subject to such independent inspections, evaluations, and advice concerning the water rights and adjudication process as a buyer might deem prudent. All buyers should be aware that Fay Ranches, Inc., its brokers and salespersons involved in this offering have not conducted an expert inspection or analysis of the water rights for this property.
Lennon Ranch proves that location truly matters. Set within a landscape of sweeping mountain horizons and open valley views, it offers both tranquility and space. The rare combination of expansive acreage, direct access to state land, and proximity to Bozeman, Bridger Bowl, and world-class recreation creates a lifestyle few properties can match. Here, privacy is preserved without sacrificing convenience, offering the best of Montana in every direction.
Lennon Ranch | Bozeman, Montana
Please contact Branif Scott at 406-579-9599 | bscott@fayranches. com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches, Inc. must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties we have listed, please visit our web page at www.fayranches.com.
$4,795,000 Cash
Conventional Financing 1031 Exchange
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.
RELATIONSHIPS IN REAL ESTATE
As required by Montana law, a broker or salesperson shall disclose the existence and nature of relevant agency or other relationships to the parties to a real estate transaction. The various relationships and description of duties are as follows:
1. SELLER AGENT
A “Seller Agent” is obligated to the Seller to:
Act solely in the best interests of the seller; Obey promptly and efficiently all lawful instructions of the seller; Disclose all relevant and material information that concerns the real estate transaction and that is known to the seller agent and not known or discoverable by the seller unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the seller agent; Safeguard the seller’s confidences; Exercise reasonable care, skill, and diligence in pursuing the seller’s objectives and in complying with the terms established in the listing agreement; Fully account to the seller for any funds or property of the seller that comes into the seller agent’s possession; and Comply with all applicable federal and state laws, rules, and regulations. Montana law permits a real estate agent, after providing written disclosure to a seller and obtaining a seller’s written consent, to represent multiple sellers of property and to list properties for sale that may compete with the seller’s property, without breaching any obligation to the seller.
A “Seller Agent” is obligated to the Buyer to:
Disclose to a buyer or the buyer agent any adverse material facts that concern the property and that are known to the seller agent, except that the seller agent is not required to inspect the property or verify any statements made by the seller; Disclose to a buyer or the buyer agent when the seller agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a buyer and a buyer agent; and Comply with all applicable federal and state laws, rules, and regulations.
2. BUYER AGENT
(cont)
A “Buyer Agent” is obligated to the Seller to:
Disclose any adverse material facts that are known to the buyer agent and that concern the ability of the buyer to perform on any purchase offer; Disclose to the seller or the seller agent when the buyer agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a seller and a seller agent; and Comply with all applicable federal and state laws, rules and regulations.
3. DUAL AGENCY If a seller agent is also representing a buyer, or a buyer agent is also representing a seller with regard to a property, then a dual agency relationship may be established. In a dual agency relationship, the dual agent is equally obligated to both the seller and the buyer. These obligations may prohibit the dual agent from advocating exclusively on behalf of the seller or buyer and may limit the depth and degree of representation that you receive. A broker or a salesperson may not act as a dual agent without the signed, written consent of both the seller and the buyer.
A “Dual Agent” is obligated to a Seller in the same manner as a seller agent and is obligated to a Buyer in the same manner as a buyer
agent, except a dual agent:
Has a duty to disclose to a buyer or seller any adverse material facts that are known to the dual agent regardless of any confidentiality considerations; and May not disclose the following information without the written consent of the person to whom the information is confidential; The fact that the buyer is willing to pay more than the offered purchase price; The fact that the seller is willing to accept less than the purchase price that the seller is asking for the property; Factors motivating either party to buy or sell; and Any information that a party indicates in writing to the dual agent is to be kept confidential.
4. STATUTORY BROKER
A “Statutory Broker” is not the agent of the Buyer or Seller but nevertheless is obligated to them to:
Disclose to: i. a buyer or buyer agent any adverse material facts that concern the property and that are known to the statutory broker, except that the statutory broker is not required to inspect the property or verify any statements made by the seller; and ii. a seller or a seller agent any adverse material facts that are known to the statutory broker and that concern the ability of the buyer to perform on any purchase offer; Exercise reasonable care, skill, and diligence in putting together a real estate transaction, and Comply with all applicable federal and state laws, rules and regulations.
5. IN-HOUSE SELLER AGENT DESIGNATE
Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house seller agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a seller for a designated transaction and who may not be considered to be acting for other than the seller with respect to the designated transaction.
6. IN-HOUSE BUYER AGENT DESIGNATE
Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house buyer agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a buyer for a designated transaction and who may not be considered to be acting for other than the buyer with respect to the designated transaction.
BUYER AGENT
A “Buyer Agent” is obligated to the Buyer to: Act solely in the best interests of the buyer; Obey promptly and efficiently all lawful instructions of the buyer; Disclose all relevant and material information that concerns the real estate transaction and that is known to the buyer agent and not known or discoverable by the buyer, unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the buyer agent; Safeguard the buyer’s confidences; Exercise reasonable care, skill, and diligence in pursuing the buyer’s objectives and in complying with the terms established in the listing agreement; Fully account to the buyer for any funds or property of the buyer that comes into the buyer agent’s possession; and Comply with all applicable federal and state laws, rules and regulations.
Montana law permits a real estate agent, after providing written disclosure to a buyer and obtaining a buyer’s written consent, to represent multiple buyers interested in buying the same property or similar properties to properties in which a buyer is interested and to show properties in which a buyer is interested to other prospective buyers, without breaching any obligation to the buyer.
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