ViewAgricultural, Lake, Meadow, Mountain(s), Pond, Rural, River, Other, Creek/Stream, Valley, Trees/Woods
MLS #394549
Lot Size20.08 Acres
StatusActive
About 240 Meken Ranch Rd
Set on a breathtaking promontory overlooking the East Gallatin River and the five mountain ranges that encircle the greater Gallatin Valley, this property blends end-of-the-road privacy with top-of-the-world views for a not-to-be-missed opportunity to own a truly exceptional piece of riverfront real estate in Southwest Montana. Originally acquired by one of the developers of Gallatin River Ranch for his personal home, this property is arguably the crown jewel of the Horseshoe Hills. With its magnificent 7,890± sf custom home, fully-remodeled 1,780± sf guest house, spacious shop and barn spaces, stables, corrals, stocked pond, and direct access to the river, this 20± acre property offers all of the trappings of a ranch lifestyle without the associated maintenance. The Gallatin River Ranch community affords its residents world-class amenities for anglers as well as distinctive opportunities for equestrian and outdoor enthusiasts, with a fully staffed horseback riding and boarding facility located within the Ranch, 1,600± acres of open space and trails, and 2.5 shared river miles of the West Gallatin River with private fishing access. Wildlife are frequent visitors to this property, so you can usually expect to enjoy your morning coffee on the balcony in the company of mule deer, pheasants, Hungarian partridge, waterfowl, bald eagles and even black bears down below. And when it comes time to soak in the hot tub at the end of the day, you will be able to witness some of the most breathtaking light shows that Mother Nature can possibly create. Steeped in privacy and scenic solitude, yet only 30 minutes from downtown Bozeman and its award-winning restaurants, shopping, amenities and attractions, this property embodies all the qualities of a true legacy property and is a must-see for the discerning buyer.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$19.2K
Per Month
Principal & Interest
$18.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$200
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.4K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Manhattan Elementary School
416 N Broadway St
Distance between this listing and this school2.38 miles
Public District Grades PK-4
9
/10
Ridge View Elementary School
117 Green Belt Dr
Distance between this listing and this school9.62 miles
Public District Grades PK-4
6
/10
Saddle Peak Elementary School
400 Jackrabbit Ln
Distance between this listing and this school9.79 miles
Public District Grades PK-4
Nearby Schools
6
/10
Manhattan Junior High School
416 N Broadway St
Distance between this listing and this school2.39 miles
Public District Grades 7-8
5
/10
Belgrade Middle School
410 Triple Crown St
Distance between this listing and this school9.98 miles
Public District Grades 5-8
4
/10
Three Forks 7-8
210 E Neal St
Distance between this listing and this school11.18 miles
Public District Grades 6-8
Nearby Schools
6
/10
Manhattan High School
416 N Broadway St
Distance between this listing and this school2.39 miles
Public District Grades 9-12
6
/10
Belgrade High School
303 N Hoffman St
Distance between this listing and this school10.17 miles
Public District Grades 9-12
8
/10
Three Forks High School
210 E Neal St
Distance between this listing and this school11.18 miles
The neighbors living near this home have an average income of $65,591. Typical income of Manhattan, MT residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 240 Meken Ranch Rd
What is the listing price of this property?
The listing price of 240 Meken Ranch Rd property is $3,795,000.
What type of property is this?
The property 240 Meken Ranch Rd is a house located in Manhattan, Montana, 59741.
Is this property for sale now?
Active Listing: 240 Meken Ranch Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $20,101 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 240 Meken Ranch Rd has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 240 Meken Ranch Rd is 7,890 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 240 Meken Ranch Rd is 1999.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 240 Meken Ranch Rd in Manhattan, MT and zip code 59741. This 7,890 square foot home, which was built in 1999, sits on a 20.08 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $3,795,000.
In November 2024, from all listings sold in Manhattan, MT there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. In November 2024 in Manhattan, MT there were 13.8% less homes for sale than in October 2024. While the average time on the market in November 2024 was 54 days, the median list price was $749,900.
From Rocket Homes Real Estate and based on county public records data.