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A graph of Montana land values per acre in 2023 shows it staying pretty flat across the state, when compared to 2022. However, the number of sales dropped.
2021 and 2022 set records for ranch and recreational property sales and prices. As the market cooled last year, brokers had to spend more time seeking and educating sellers.
The house on this map indicates the area where Steamboat 700 LLC is selling a 346-acre parcel of land. A 346-acre parcel of land currently for sale on the west side of Steamboat Springs could hold the key to the community’s future housing needs, if it can attract the right buyer. The property has been in the spotlight several times since 2007 when it was first acquired by Steamboat 700 LLC as part of a total 536-acre package eyed for future housing. Steamboat 700 would have gradually added about 2,000 new homes on the site, which was originally purchased for $25 million, but in 2010, voters overwhelmingly rejected annexation of the property.