Multi-Family $ 2,449,000

450 Loomis WAY

Ennis, MT 59729

  • 2024 Year Built
Set against the wide-open landscapes and river corridors that define the Madison Valley, The Drift at North Forty presents an opportunity to acquire an entire new construction four-unit residential building in the heart of Ennis. Located within walking distance of Main Street and minutes from the Madison River, the property offers investors a turnkey asset positioned at the intersection of small-town access and world-class outdoor recreation.

The building consists of four 3-bedroom, 2-bathroom residences designed for low-maintenance ownership. Each home features an open-concept layout with expansive windows that capture mountain views and bring in natural light. Finishes are durable and clean, designed with a timeless aesthetic that complements the surrounding landscape while minimizing ongoing maintenance.

Residences are configured for flexibility, appealing to both long-term occupants and vacation renters. Walkout primary suites provide privacy and direct outdoor access, while two additional bedrooms allow space for guests, family, or remote work. Attached one-car garages and dedicated storage rooms provide practical utility, with additional space suitable for fly tying, workout equipment, or organized gear storage.

Short-term rentals are permitted, offering investors the ability to pursue nightly rental income while maintaining optionality for longer-term leasing or personal use. Upper-level residences benefit from elevated sightlines and broader valley views.

With Main Street Ennis, the Madison River, and surrounding public lands nearby, the property is well positioned for year-round demand driven by fly fishing, hunting, hiking, and skiing at Big Sky Resort. Yellowstone National Park and Bozeman Yellowstone International Airport are approximately one hour away, placing The Drift at North Forty within reach of both regional and destination travel markets.
Listed by Engel & Volkers - Ennis

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Subdivision North Forty

    MLS Listing ID 409360

    Style Contemporary, Fourplex

    Year Built 2024

    Annual Tax Amount $8,388

    Tax Year 2025

    Property Sub-Type Quadruplex

  • Location

    State MT

    County Madison

    Area Madison/Beaverhead/Jefferson

    Direction From Ennis, head north on 287, left on Laura Lane, right on Otis Ave, property is on right before Mountain View Rd

  • Building

    Lot Description Lawn, Landscaped, Sprinklers In Ground

    Entry Level Three Or More

    Sewer Public Sewer

    Water Public

    Architectural Style Contemporary, Fourplex

    Level or Stories Three Or More

  • Interior

    Interior Features Vaulted Ceiling(s), Walk- In Closet(s), Window Treatments

    Heating Electric, Forced Air

    Cooling Central Air, Ceiling Fan(s)

    Flooring Partially Carpeted, Plank, Vinyl

    Fireplace No

    Window Features Window Coverings

    Appliance Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer

  • Exterior

    Exterior Feature Blacktop Driveway, Sprinkler/ Irrigation, Landscaping

    Parking Features Garage, Paved

    Utilities Available Electricity Available, Fiber Optic Available, Sewer Available, Water Available

    Waterfront Description None

    View Y/N Yes

    Water Access Desc Public

    View Farmland, Lake, Mountain(s), Pond, Rural, Southern Exposure, Valley, Trees/ Woods

    Roof Type Asphalt, Shingle

    Street Surface Paved

    Porch Balcony

  • Others

    HOA Fee Include Insurance,Maintenance Grounds,Maintenance Structure,Road Maintenance,Snow Removal,Trash

    Tax ID TBD

    Security Features Fire Sprinkler System,Heat Detector,Smoke Detector(s)

    Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing

    Listing Terms Cash, 1031 Exchange, 3rd Party Financing

    Special Listing Condition None

    Virtual Tour https://www.youtube.com/watch?v=-CA6aOMTQ2Q

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