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535 Wheatfield Rd, Three Forks, MT, 59752

2beds
1baths
1,300sqft
$850,000
$654price/sqft
$4,935/moest. monthly cost
$197,400/yrincome needed

About This Home

Overlooking the country where the Jefferson, Madison, and Gallatin Rivers unite to form the Missouri River, Headwaters Cabin offers 30.21± deeded acres of privacy, wildlife habitat, and expansive views in the heart of southwest Montana. Situated in the scenic Clarkston Valley between Three Forks and Bozeman, the property captures panoramic vistas of the Missouri River Headwaters, the Horseshoe Hills, and the Tobacco Root Mountains. Bordering a large neighboring ranch to the northeast and accessed by a private drive, the property enjoys the kind of end-of-the-road privacy that is increasingly difficult to find within convenient reach of modern amenities. For the sportsman and outdoor enthusiast, Headwaters Cabin provides exceptional year-round wildlife viewing and hunting opportunities. Located within Montana Hunting District 312, the area is known for healthy populations of elk, mule deer, whitetail deer, and wild turkey. The property's mix of native grasslands, rolling terrain, and neighboring ranchland creates ideal habitat for wildlife, with frequent sightings throughout the seasons. Just 2.5 miles away, Fairweather Fishing Access provides convenient access to the Missouri River, offering excellent trout fishing and endless opportunities to explore one of Montana's most iconic waterways. The property's 1,300± square-foot, two-bedroom, one-bath cabin provides a functional basecamp from which to enjoy the land, wildlife, and surrounding recreational opportunities. Equipped with solar power, propane, and a private well, the off-grid cabin offers the essentials for comfortable rural living while presenting an opportunity for future improvements. Whether a buyer chooses to renovate the existing structure, create a seasonal retreat, or develop a more substantial residence, the property's exceptional setting, privacy, and views provide a remarkable canvas for bringing that vision to life. The landscape is quintessential Montana-rolling hills, native grasslands, and expansive western horizons stretching in every direction. Partially fenced and offering ample space for recreation, horses, or simply enjoying the privacy of rural living, the property captures the essence of the Montana lifestyle. Whether watching elk move across the neighboring ranch, spending an afternoon on the Missouri River, or enjoying a sunset over the Tobacco Roots, every aspect of Headwaters Cabin is connected to the land and the outdoors. Located approximately 20 miles from Three Forks, 40 miles from Bozeman, and just 32 miles from Bozeman Yellowstone International Airport, Headwaters Cabin offers a unique balance of seclusion and accessibility. Combining exceptional views, abundant wildlife, end-of-the-road privacy, and outstanding potential for future improvement, the property presents a rare opportunity to create a personalized Montana retreat in one of southwest Montana's most scenic and historic landscapes.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

4/10
4/10
Three Forks 7-8Grades 6-812.2 mi
6/10
Three Forks High SchoolGrades 9-1212.2 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Metal
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Microwave,Oven,Washer

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate
  • Fireplace features: Wood Burning Stove
  • Finished area above ground: 1,300

Heating

  • Heating features: Wood,Other

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,300 sqft

Kitchen

  • Features: Open

Property

Details

  • Parcel number: 06120908401170000
  • Lease amount: 0

Features

  • Stories: 2

Lot

  • Lot size: 30.21 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Avalanche
    AvalancheRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Avalanche
Cold Wave
Earthquake
Lightning
Hail
Inland Flooding
Landslide
Strong Wind
Wildfire

FEMA Declared Disasters in Gallatin County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance $281$3,372
Property Taxes $205$2,460
Electricity $151$1,812
Total$4,935$59,220

Income You'd Need if You Spent...

35% on housing$169,200/yr
40% on housing$148,050/yr
45% on housing$131,600/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$654This listing

vs Other Active Listings

Avg $/sqft

ZIP 59752$854
Gallatin County$548

vs Homes Sold Last Month

Median $/sqft

ZIP 59752$274
Gallatin County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-30Listed for sale$850,000
2022-10-06Listing removed--
2022-06-05Listed for sale$1,200,000

For Sale by Agent

AgentKevan Miller
BrokerageSt James Sporting Properties

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