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5464 MT Highway 35

Kalispell, MT 59901

$1,025,000
Land Listing
17.64 AC

Summary

RARE OPPORTUNITY on MT Highway 35! Nestled between Kalispell, Bigfork, and Columbia Falls, this property is listed below market value per acre! With two entrances off Hwy 35 and a 5%+ annual cap rate, it boasts incredible development potential, offering options for minor subdivision, major subdivision, and family transfer subdividing, along with all utilities already connected and generating income! You can earn money while subdividing into several lots, constructing one or more homes, running your own business, or doing all three! Experience breathtaking views, expansive lot possibilities, and the chance to create water features with the existing ponds! With no significant restrictions in the Scenic Corridor, the possibilities are virtually endless. Fall in love with the charming log home built in 1933, featuring four bedrooms, two bathrooms, and 2,494 square feet. Supports a conventional loan for great financing! Currently renting for $3,700 per month, this property offers new owners the chance to continue renting, section off the home and sell it to recoup nearly the entire purchase price, or live in the home while developing the land! Theres incredible flexibility here, so dont miss this unique opportunity with MT Highway 35 frontage! Owner currently has three additional income streams on this property creating a 5%+ annual cap rate. There are incredible and expansive views in this location. Located in Scenic Corridor and the Bigfork School District. This property also offers two RV electric connections and septic clean-outs. Don't miss this phenomenal land opportunity conveniently located along the highly coveted Montana Highway 35! All showings must be accompanied by list agent. Tenant occupied. Priced to reflect parcel value only, parcel showings preferred to reduce stress to Tenants. Home interior showing requires at least 24 hour notice. Meet agent at the southern entrance near the guardrail, NOT at the home driveway unless previously arranged. Call for clarity. To schedule your showing call Joel Fedor at (406) 249-5810, Rachel Fedor at (406) 2499839, or your real estate professional.

Details

  • Subtype
    Residential
  • Lot Size
    17.64 AC
  • Utilities
    Electricity Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available
  • Waterfront
    Pond
  • View
    Meadow, Mountain(s), Residential, Valley
  • Road Access
    Asphalt
  • Topography
    Varied
  • Days on Market
    23
  • Listing Courtesy of
    Ideal Real Estate
  • MLS #
    30046708

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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