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Lewis and Clark County, MT · Sold

MT-469664

403 County Road 148

$1,414,800
$921/ac · 1,537 ac
Acreage1,537 ac
Price per acre$921/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedDec 1, 2024
Coordinates47.0364, -112.2215
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Lewis and Clark County, Montana. Big-sky ranch splits; recreational amenity value increasingly outruns ag value.

View Lewis and Clark market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands17.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power65 ft away

Power at or near the road.

Buildable area1205.73 of 1536.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,190,217
$956,406$1,424,027 · $775/ac on 1,537 ac
Asking vs estimate
+18.9%
Priced above the comp set

Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $1,414,800
Maximum allowable offer
$680,124
$443/ac · +30.0% target margin

You need $734,676 off asking to hit this margin.

All-in cost$737,935
Net resale$1,094,999
Projected profit$357,065
ROI+48.4%
Annualized+69.2%
Break-even resale$522/ac
Profit if resale lands off target
-20%
$138,065
-10%
$247,565
0%
$357,065
+10%
$466,565
+20%
$576,065
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-399645
Dirt · Power at road
1515.5Oct 6, 2025$1,418,5009367637.5 mi
85
MT-289356
Gravel · Off grid
1229.3Jul 27, 2026$994,30080960514.5 mi
76
MT-599470
Landlocked · Power at road
1335.1Aug 26, 2024$826,7006196429.0 mi
74
MT-779814
Gravel · Off grid
1712.9Feb 11, 2025$1,967,3001,1491,01111.0 mi
70
MT-247400
Dirt · Full utilities
298.0Sep 22, 2025$659,5002,2139029.8 mi
56
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Market time (10 mo)+3.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.