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
- 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
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2025 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/20/2025, 3:20:56 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
We're sorry, we currently don't have property sales data for this listing.
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. The most common annual income of people living in Kalispell, MT is between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Extreme Sports
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
Living in Kalispell, MT
About 5464 Mt Highway 35
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.
In March 2025 more than 5 listings in Kalispell, MT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 27 were sold below. Between February and March 2025, Kalispell, MT real estate market has seen increase in the number of listings by 14.6%. While the average time on the market in March 2025 was 150 days, the median list price was $549,500.