This 1,160-deeded-acre property offers an exceptional combination of guaranteed passive income, immediate tenant cash flow, and high-upside agricultural potential. The holding features 302.89 acres enrolled in a 10-year USDA Conservation Reserve Program (CRP) contract delivering secure federal payments through 2034, alongside 779 acres leased to an established local operator through 2029. Highlighting the land’s strategic value are 725 acres of recently expired CRP ground. Having sat fallow and chemical-free for years, these acres present a turnkey opportunity for rapid transition into certified organic crop production or premium lease rates. Completely unimproved with low annual property taxes and four active DNRC stock water rights, the parcel provides an efficient, low-overhead land investment built for long-term equity growth.
Lot/land
$1,990,000
S Road 90 Chester, Inverness, MT 59530
--beds
--baths
1,160Acres
Unimproved Land
Built in ----
1,160 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Completely unimproved
- 24 days
- 203
- 8
Zillow last checked:
Listing updated:
Listed by:
Todd Phillips 406-538-5271,
Phillips Realty
Source: BMTMLS,MLS#: 361393
Originating MLS: Billings Association Of REALTORS
Facts & features
Interior
Interior area
- Finished area above ground: 0
Video & virtual tour
Property
Lot
- Size: 1,160 Acres
Details
- Parcel number: 2987
- Zoning description: Agricultural
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Natural Gas Not Available, Phone Not Available, Electricity Available, Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Inverness
Financial & listing details
- Annual tax amount: $2,500
- Date on market: 8/12/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $1,990,000 |
Source: | ||
Public tax history
Tax history is unavailable.