USAMTEnnisNorth Forty450 Loomis Way & 420 Sage Avenue

450 Loomis Way & 420 Sage Avenue, Ennis, MT

Name: 450 Loomis Way & 420 Sage Avenue, For Sale in Ennis - Zoocasa
Brand: Charter Realty & Development
SKU: 413036
Price: 5900000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$5,900,000

000

MLS® 413036

Overview

Key Facts

Type Other

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes

Days Active 4

Approx. Age

MLS® Number 413036

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® Number413036

Locker

Ensuite LaundryNo

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Furnished

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Exterior

GarageNo

Approx. Age

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Included in Maintenance Fee

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Hydro

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Building Insurance

Condo Taxes

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Parking Maintenance

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Map

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