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5464 MT Highway 35

Kalispell, MT 59901

JUST LISTED
$995,000
4 Bedsbed
1.5 Bathsbath

Summary

Photos Coming Soon-RARE INVESTMENT OPPORTUNITY ON MONTANA HIGHWAY 35!Conveniently situated between Kalispell, Bigfork, and Columbia Falls, this unique property offers outstanding development potential and is listed below market value per acre. With two access points directly off Hwy 35 and an impressive 5%+ cap rate, this is your chance to secure a high-performing, income-generating property in a prime location.Zoned for flexibility, the property allows for subdivision, family transfer subdivision, and business developmentall with utilities already in place and generating income. Whether you plan to subdivide, build homes, launch a business, or put in an RV park, this land offers limitless potential.Enjoy stunning panoramic views, expansive lot configurations, and the ability to create beautiful water features from the existing ponds. Located within the Scenic Corridor and Bigfork School District, this property has minimal restrictions and unmatched versatility. At the heart of the parcel is a charming 1933 log home, featuring 4 bedrooms, 2 bathrooms, and 2,494 square feet of original rustic Montana character. The home supports conventional financing and is currently rented for $3,700/month, the RV pads are rented for $650 and $700/month, and the venue is booked as well, offering options to:Continue generating rental income;Section off and sell the home to recoup much of your investment; orLive onsite while developing the land.Additional features include:Three additional income streams;Two 50 AMP electric RV hookups with septic clean-outs; Newer Pavilion with event rental supplies(ask about inclusions and 2025 events); andDual entrances for ease of access and traffic flow.This is truly a phenomenal land, home, and business opportunity on the highly desirable Montana Highway 35.Showings by appointment only. To minimize disruption to tenants, parcel showings are preferred, initially. At least 24-hour notice required for home interior showings.

Details

  • Beds
    4
  • Baths
    1.5
  • Type
    Single Family Residence
  • Garage
    0
  • Year Built
    1933
  • Lot Size
    17.64 AC
  • Levels
    One and One Half
  • Heating
    Electric, Forced Air
  • Exterior Features
    Fire Pit, RV Hookup, Storage, See Remarks, Propane Tank - Leased
  • View
    Meadow, Mountain(s), Residential, Valley
  • Community
    Kalispell
  • Utilities
    Electricity Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available
  • Waterfront
    Pond
  • Days on Market
    2
  • Listing Courtesy of
    Ideal Real Estate
  • MLS #
    30052322

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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