Friday, September 17, 2021

Sale of ranch asking $136.25 million breaks Montana record, agent says

 


A prized and historic ranch in Montana that was listed this spring for upward of $136 million closed in the past week for close to its asking price—a record sum for the state.

Renowned for its bull elk hunting and trout fishing and featured in the 1992 movie "A River Runs Through It," Climbing Arrow Ranch spans roughly 80,000 acres—a footprint that’s twice the size of the New York City borough of Brooklyn—spread across four counties: Gallatin, Broadwater, Madison and Meagher.Climbing Arrow Ranch is "magnificent," Mike Swan, owner and managing broker of Swan Land Company, which handled the listing, told Mansion Global.

The property’s charms lay in its size, scale, history and legacy, he said, as well as the "incredible recreation and agricultural amenities it offers." That includes a herd of nearly 2,000 Black Angus cattle and "miles of private fishing waters that probably less than 100 people have ever seen."

The ranch is home to an owner’s residence, guest houses and employee accommodations, as well as barns, corrals, workshops, mechanic shops, sheds and calving facilities. It’s also within 45 minutes of downtown Bozeman, one the fastest-growing mountain towns in the West...MORE

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