USAMTEnnisNorth Forty450 Loomis Way & 420 Sage Avenue

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$5,900,000

For Sale

A month ago

450 Loomis Way & 420 Sage Avenue, Ennis, MT

Name: 450 Loomis Way & 420 Sage Avenue, For Sale in Ennis - eXp Realty
Brand: Charter Realty & Development
SKU: 414669
Price: 5900000 USD

MLS® 414669

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes

Days Active 34

Lot Size 3.2100000381469727 Acres

Approx. Age 2024

MLS® Number 414669

Property Address: 450 Loomis Way & 420 Sage Avenue, Ennis, MT, 59729

Average square foot calculated using Size range provided by listing agent.

Description

The Drift at North Forty presents a rare opportunity to acquire a partially completed luxury residential development with significant remaining upside in the heart of Montana's Madison Valley. Unlike a traditional land offering, the Property combines completed infrastructure, municipal utility approvals, and existing income-producing assets with substantial future development potential, providing a de-risked platform for value creation. Located within the North Forty master-planned community in Ennis, Montana, the offering includes eight completed luxury condominium residences that have established the project's architectural identity and demonstrated demand for high-quality residential product. Beyond the existing residences, the Property offers the opportunity to develop additional luxury residential units, higher-density multifamily housing, boutique hospitality, or a thoughtfully integrated mixed-use concept, subject to applicable approvals and a purchaser's due diligence. Existing roads, utilities, and horizontal infrastructure significantly reduce entitlement risk, development timelines, and capital requirements compared to a typical greenfield project, allowing an investor to focus on executing the next phase of development. Positioned approximately one hour from both Yellowstone National Park and Big Sky Resort, Ennis has emerged as one of Montana's most desirable recreation markets. Anchored by the world-renowned Madison River, the area attracts year-round visitors and residents seeking exceptional fly fishing, hunting, hiking, skiing, and mountain recreation. Continued population growth, increasing tourism, and limited luxury housing inventory have created strong demand for high-quality residential and hospitality product. Whether completed as a luxury condominium community, expanded into a higher-density residential project, developed as a boutique hospitality destination, or executed through a phased mixed-use strategy, The Drift offers multiple paths to unlock value. With completed improvements already in place, existing market validation, and meaningful remaining development capacity, the Property represents a unique opportunity to acquire a premier development platform in one of Montana's most supply-constrained and desirable mountain communities.

MLS® Number414669

Laundry Level

Central VacNo

FireplaceNo

Acreage3.21

Exterior

GarageNo

Approx. Age2024

Basement

Driveway

Garage Spaces

HeatForced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 8, 2026List Date

$5,900,000List Price

Commute

Commute

Starting Address

Destination Address

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