#30046830, Rena Saunier, Listing Office: Big Sky Properties of Montana, Inc.
Property details
About 5464 Mt Highway 35
RARE OPPORTUNITY on MT Highway 35! Nestled between Kalispell, Bigfork, and Columbia Falls, this property is listed below market value per acre! With two entrances off Hwy 35 and a 5%+ annual cap rate, it boasts incredible development potential, offering options for minor subdivision, major subdivision, and family transfer subdividing, along with all utilities already connected and generating income! You can earn money while subdividing into several lots, constructing one or more homes, running your own business, or doing all three! Experience breathtaking views, expansive lot possibilities, and the chance to create water features with the existing ponds! With no significant restrictions in the Scenic Corridor, the possibilities are virtually endless. Fall in love with the charming log home built in 1933, featuring four bedrooms, two bathrooms, and 2,494 square feet. Supports a conventional loan for great financing! Currently renting for $3,700 per month, this property offers new owners the chance to continue renting, section off the home and sell it to recoup nearly the entire purchase price, or live in the home while developing the land! There’s incredible flexibility here, so don’t miss this unique opportunity with MT Highway 35 frontage! Owner currently has three additional income streams on this property creating a 5%+ annual cap rate. There are incredible and expansive views in this location. Located in Scenic Corridor and the Bigfork School District. This property also offers two RV electric connections and septic clean-outs. Don't miss this phenomenal land opportunity conveniently located along the highly coveted Montana Highway 35! All showings must be accompanied by list agent. Tenant occupied. Priced to reflect parcel value only, parcel showings preferred to reduce stress to Tenants. Home interior showing requires at least 24 hour notice. Meet agent at the southern entrance near the guardrail, NOT at the home driveway unless previously arranged. Call for clarity. To schedule your showing call Joel Fedor at (406) 249-5810, Rachel Fedor at (406) 2499839, or your real estate professional.
Highlights
Virtual tour
Summary
- Waterfront: Pond
- View: Meadow, Mountain(s), Valley
- Exterior: Propane Tank - Leased
- List Price: $1,025,000
- Annual Tax Amount: $2,926
- Tax Year: 2024
- Lot: Bluff, Meadow, See Remarks
- Directions: MT Highway 35 to entrance at south end of property. Not the homestead entrance of 5464 MT Hwy 35. Park at top of entrance or bottom but do not drive into the field.
- Lot Size: 17.64 Acres
- MLS Number: 30046708
- MLS Name: MTR
- Office Name: Ideal Real Estate
- Office Phone: (406) 300-0756
- Office Email: louis@ideallife.com
- Listing Agent: Rachel Fedor
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2025, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,025,000
5464 Mt Highway 35
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $608,500 | $2,926 |
2023 | $608,500 | $3,871 |
2022 | $428,300 | $2,931 |
2021 | $428,300 | $2,970 |
2020 | $384,500 | $2,870 |
2019 | $384,500 | $2,757 |
2018 | $340,400 | $2,553 |
2017 | $340,400 | $2,553 |
History based on county public records data.
Nearby schools
9
Creston School
Public District PK-6
2.0 mi
•4495 Montana 35
5
Cayuse Prairie School
Public District PK-6
4.2 mi
•897 Lake Blaine Rd
4
Fair-Mont-Egan School
Public District PK-5
5.4 mi
•797 Fairmont Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,836. Residents of Kalispell, MT typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Kalispell, MT
Transportation in Kalispell includes a variety of options for residents and visitors. The city's layout and infrastructure support private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the city. For those who prefer active transportation, there are areas within Kalispell that are pedestrian-friendly, and the city is making efforts to improve bikeability. Ride-sharing services are also an option for residents, complementing the existing transportation infrastructure.
The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that offer alternatives to the public system. Healthcare services are comprehensive, with facilities providing a range of care from primary to specialized treatments. The city also features a public library system that supports educational and cultural development. Retail and dining options in Kalispell reflect the local culture, with a mix of independent shops and restaurants that showcase regional cuisine and products.
Kalispell prides itself on its serene atmosphere and close-knit community spirit. The city is celebrated for its outdoor recreational opportunities, given its proximity to Glacier National Park and several ski resorts. Local events, such as the annual Flathead Cherry Festival, highlight the region's agricultural heritage and foster a sense of community among residents and visitors alike.
Kalispell's housing market showcases a blend of residential styles, with single-family homes being a significant presence. The architectural styles range from rustic log cabins reflecting the region's natural charm to contemporary homes with modern amenities. While the majority of the housing stock consists of single-family residences, there is also a selection of condominiums and townhouses that cater to those seeking a more communal living experience or lower maintenance properties.
About 5464 Mt Highway 35
The listing price of 5464 Mt Highway 35 property is $1,025,000.
The property 5464 Mt Highway 35 is land located in Kalispell, Montana, 59901.
Active Listing: 5464 Mt Highway 35 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5464 Mt Highway 35 are: Creston School (GreatSchools Rating 9/10), Cayuse Prairie School (GreatSchools Rating 5/10), Fair-Mont-Egan School (GreatSchools Rating 4/10), Cayuse Prairie 7-8 (GreatSchools Rating 4/10), Fair-Mont-Egan Middle School (GreatSchools Rating 6/10), Swan River 7-8 (GreatSchools Rating 6/10), Bigfork High School (GreatSchools Rating 6/10), Flathead High School (GreatSchools Rating 3/10), Glacier High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $2,926 (source: MLS/based on county public records data).
The property 5464 Mt Highway 35 is 17.64 acres.
This home is located at 5464 Mt Highway 35 in Kalispell, MT and zip code 59901. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $1,025,000.
Kalispell, MT housing market in April 2025 saw over 7 listings sold above listed price, more than 12 sold at listed price and over 41 sold below. Between March and April 2025, Kalispell, MT real estate market has seen increase in the number of listings by 22.6%. While the average time on the market in April 2025 was 126 days, the median list price was $550,000.