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Lincoln County, MT · Sold

MT-776900

2116 County Road 208

$457,000
$2,203/ac · 207 ac
Acreage207 ac
Price per acre$2,203/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 22, 2023
Coordinates48.5144, -115.4648
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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

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

View Lincoln market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands28.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,408 ft of deeded road frontage.

Power86 ft away

Power at or near the road.

Buildable area140.14 of 207.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$500,455
$434,120$566,790 · $2,412/ac on 207 ac
Asking vs estimate
-8.7%
Priced below the comp set

Weighted from 9 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 $457,000
Maximum allowable offer
$285,974
$1,378/ac · +30.0% target margin

You need $171,026 off asking to hit this margin.

All-in cost$310,282
Net resale$460,418
Projected profit$150,137
ROI+48.4%
Annualized+69.2%
Break-even resale$1,626/ac
Profit if resale lands off target
-20%
$58,053
-10%
$104,095
0%
$150,137
+10%
$196,179
+20%
$242,220
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
MT-527373
Gravel · Full utilities
292.3Jul 27, 2026$836,7002,8632,5937.0 mi
82
MT-737695
Dirt · Off grid
369.0Jul 27, 2026$583,9001,5822,5616.8 mi
75
MT-775823
Dirt · Full utilities
95.1Jul 27, 2026$334,9003,5212,7408.5 mi
72
MT-925475
Paved · Power at road
73.9May 27, 2025$277,6003,7562,5696.5 mi
68
MT-205818
Gravel · Power at road
94.7Jun 11, 2025$275,1002,9042,48011.3 mi
66
MT-317722
Gravel · Full utilities
376.3Apr 6, 2025$665,5001,7681,82011.6 mi
65
MT-666223
Dirt · Off grid
127.0Mar 10, 2024$178,9001,4081,8603.8 mi
65
MT-678001
Paved · Power at road
460.6Mar 1, 2024$1,054,5002,2892,7006.7 mi
61
MT-737985
Paved · Off grid
455.3Mar 6, 2024$753,0001,6542,2854.8 mi
60
Show adjustment detail for the top comp
  • Tract size (292.26 ac → 207.47 ac)+10.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.