About 14477 Madison Road
PRICE DROP – FLEXIBLE LIVING & HIGH-INCOME POTENTIAL ON 10+ ACRES! This unique 10.03-acre property near the Madison River in Three Forks offers the best of both worlds: versatile living options and strong investment potential—all just a scenic drive from Bozeman. The 2,000 sq. ft. main home features 4 beds, 2 baths, a cozy wood-burning fireplace, dual decks, and a loft—ideal for owner occupancy, long-term rental, or vacation guests. Wildlife sightings are a regular delight, with deer and elk often passing through. A second 1,500 sq. ft. mobile home includes 3 beds, 2 baths, and a dedicated office space—perfect for a second rental unit, guest housing, or multigenerational living. Both homes are approved for short-term and long-term rentals, allowing you to generate income immediately or adapt your rental strategy to seasonal demand. Live in one and rent the other—or lease both for maximum return. Also included is a 1,000 sq. ft. heated workshop with a wood-burning furnace and an air compressor—a great opportunity to add value with a business component or workshop lease. With close access to world-class fly fishing, hunting, and year-round recreation, this property blends sought-after Montana living with reliable revenue opportunities—now offered at a reduced price!
Features of 14477 Madison Road
MLS® # | 400374 |
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Price | $995,000 |
Bedrooms | 4 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 2,025 |
Acres | 10.03 |
Year Built | 1989 |
Type | Residential |
Sub-Type | Single Family Over 1Acre |
Status | Active |
Community Information
Address | 14477 Madison Road |
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Area | 4TSW - Three Forks South/Willow Creek |
Subdivision | None |
City | Three Forks |
County | Gallatin |
State | MT |
Zip Code | 59752 |
Amenities
Utilities | Electricity Connected, Septic Available, Water Available |
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Parking | Detached, Garage |
# of Garages | 3 |
Garages | Detached |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Baseboard, Electric |
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Cooling | Ceiling Fan(s), Varies by Unit |
Fireplace | No |
Stories | Two |
Has Basement | No |
Additional Information
Date Listed | March 21st, 2025 |
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Days on Market | 210 |
Zoning | N – Neighborhood Residential |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Amy Plocek |
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Office | REAL Broker |