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For sale
  • $40,000,000

    8950 Chevallier Dr, Helena, MT 59602

    5beds
    2,663sqft
    : 
    $258,893/mo
    Get pre-qualified
    Farm, Single Family Residence
    Built in 1890
    13,935 Acres Lot
    $-- Zestimate®
    $15,021/sqft
    $-- HOA

    What's special

    Horse barnRanch hand residenceMountain terrainLive waterMultiple barnsGrain storageExtensive pipe corrals
    Held by the same family since 1871, the Chevallier Ranch represents one of Montana's rare legacy ranch offerings. Encompassing approximately 13,935 deeded acres together with 1,360 acres of State Lease ground, this all-contiguous holding combines productive agricultural land, exceptional wildlife habitat, live water, and outstanding recreational opportunities in one remarkable property. Located just 25 minutes from Helena, Montana's capital city, the ranch offers a rare balance of privacy, scale, and accessibility. Large ranches of this size seldom come to market, particularly those without a conservation easement, providing future ownership flexibility while preserving the ranch's working agricultural foundation and historic character. The ranch supports up to 700 AUs and includes approximately 650 acres of irrigated hay ground complemented by expansive native rangeland, rolling meadows, creek bottoms, timbered draws, and mountain terrain. Strong water resources and diverse landscapes support both livestock production and abundant wildlife. Elk, mule deer, whitetail deer, antelope, black bear, upland birds, and other native species frequent the property. Nearby recreation includes Great Divide Ski Area, Helena National Forest, the Continental Divide Trail, world-class fishing, boating, horseback riding, mountain biking, and snowmobiling. Historic improvements include the original ranch home built in 1890, the iconic Stone House, a ranch hand residence, bunkhouse, horse barn, newer shop, multiple barns, grain storage, sheds, windbreaks, and extensive pipe corrals supporting a well-equipped ranch operation. The Chevallier Ranch is a rare opportunity to acquire nearly 14,000 deeded acres of Montana history, productivity, recreation, and Western heritage in one of the state's most sought-after locations.
    55 days
    |
    3,138
    |
    93
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tara Petersen 406-437-8224,

    MT Ranch & Home Real Estate

    Source: Big Sky Country MLS,MLS#: 411736Originating MLS: Big Sky Country MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      Interior area
      • Total structure area: 2,663
      • Total interior livable area: 2,663 sqft
      • Finished area above ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Sprinkler/Irrigation
      • Fencing: Barbed Wire,Cross Fenced,Pipe
      • Has view: Yes
      • View description: Farmland, Meadow, Mountain(s), Rural, River, Creek/Stream, Trees/Woods
      • Has water view: Yes
      • Water view: River,Creek/Stream
      • Waterfront features: Creek, Stream
      Lot
      • Size: 13,935 Acres
      • Features: Acreage, Farm, Meadow, Pasture, Ranch, Trees
      • Residential vegetation: Crop(s), Grassed, Partially Wooded
      Details
      • Additional structures: Arena, Barn(s), Corral(s), Grain Storage, Outbuilding, Stable(s), Shed(s), Storage, Workshop
      • Additional parcels included: Multiple Tax Parcels.
      • Parcel number: 0000031724
      • Zoning description: None/Unknown
      • Special conditions: None
      • Horse amenities: Arena, Corral(s), Hay Storage, Livestock Barn, Loafing Shed, Stable(s), Tack Room

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm, Single Family Residence
      Condition
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Spring, Well
      • Utilities for property: Electricity Available, Natural Gas Available, Septic Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Helena

      Financial & listing details

      • Price per square foot: $15,021/sqft
      • Tax assessed value: $750,161
      • Annual tax amount: $18,980
      • Date on market: 5/30/2026
      • Cumulative days on market: 56 days
      • Listing terms: Cash,1031 Exchange,3rd Party Financing
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/29/2026Listed for sale$40,000,000+33.3%$15,021/sqft
        Source: BMTMLS #359680 Report a problem
        5/13/2020Listing removed$30,000,000$11,265/sqft
        Source: CENTURY 21 Heritage Realty #22006040 Report a problem
        5/8/2020Listed for sale$30,000,000$11,265/sqft
        Source: CENTURY 21 Heritage Realty #22006040 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,106 -9%$750,161 +10.1%
        2024$4,511 +1.5%$681,092
        2023$4,447 +10.8%$681,092 +30.2%
        2022$4,013 -1.5%$522,987
        2021$4,075 +60.7%$522,987 +65%
        2020$2,537 -4.6%$316,996 -1.9%
        2019$2,659 +1.7%$323,106 +10.1%
        2018$2,614 +7%$293,377
        2017$2,442 +11.3%$293,377 +3.4%
        2016$2,195 -3%$283,728
        2015$2,263 +10.3%$283,728 +75.9%
        2014$2,051 -3.8%$161,269 +1.2%
        2013$2,133 -5.3%$159,343 +1.4%
        2012$2,253 $157,214
        2011-- --
        2010-- --
        2009-- --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 59602

        Getting around

        0 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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