5464 MT Highway 35, Kalispell, MT 59901

$920,000

Bathrooms:
Type: Lots / Land
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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.
Property Features
Location Information
Latitude: 48.16314536
Longitude: -114.11440678
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.
Exterior Features
Exterior: Propane Tank - Leased
Water Source: Well
Septic or Sewer: Private Sewer, Septic Tank
Utilities: Electricity Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available
Other Structures: Pergola, Shed(s)
Lot Features: Bluff, Meadow, See Remarks
Topography: Varied
Lot Size in Acres: 17.64
Lot Size in Sq. Ft.: 768,398
Zoning: Scenic Corridor
Road Description: Asphalt
View Description: Meadow, Mountain(s), Residential, Valley
Additional Information
Property Type: LL
Property SubType: Residential
Status: Active
Tax Year: 2024
Tax Amount: $3,145.03


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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Seller's Representative: Rachel Fedor, Real Broker, LLC

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IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
Montana Regional data last updated at December 5, 2025, 11:49 AM MT