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mahatmakanejeeves

(60,931 posts)
Tue Sep 21, 2021, 12:37 PM Sep 2021

Sale of 'A River Runs Through It' ranch north of Bozeman closes

Sun May 16, 2021: Following Bidding War, Montana Ranch to Sell for Around Its $136.25 Million Asking Price

EDITOR'S PICK | TOPICAL | ALERT

Sale of 'A River Runs Through It' ranch north of Bozeman closes

HELENA DORE Bozeman Daily Chronicle Sep 17, 2021



A contributed photo shows a river running through a unit of the Climbing Arrow Ranch. The ranch was recently sold after being listed for over $135 million.

Photo courtesy Climbing Arrow Ranch

The most expensive ranch deal in Montana history has closed, local real estate companies say.

The Climbing Arrow Ranch, spanning approximately 80,000 acres in four southwest Montana counties, was sold to an undisclosed American family, two Bozeman-based real estate companies announced on Tuesday.

Five distinct units of land in Madison, Meagher, Gallatin and Broadwater counties comprise the ranch. Many consider it to be one of the most historically-significant land and cattle empires left in the Rocky Mountain West, according to Swan Land Company.

The family who sold it — the Anderson family — ran commercial cattle and hay operations on it for over 60 years. Their land featured tipi rings and cave petroglyphs from the Crow and Blackfeet Tribes and tunnels from a historic railroad route.

A portion of the movie “A River Runs Through it” was filmed on the ranch.

The ranch offer came with around 2,000 Black Angus cattle and access to the Madison River, Sixteenmile Creek and prime elk habitat.

The offer also came with feedlots, barns, corrals, working shops and homes for the owners, employees and guests, Swan Land Company wrote in a news release.

Agents listed the ranch for $136.25 million this April. Agents did not disclose the agreed upon price, the final terms or who bought the property.

{snip}



A contributed photo shows a road entering a tunnel by a river on a unit of the Climbing Arrow Ranch. The ranch was recently sold after being listed for over $135 million.

Photo courtesy Melanie Maganias Nashan

“It’s the highest-price ranch listing ever to sell in the state of Montana, to date,” {Mike Swan, the Swan Land Company listing agent who represented the Anderson family in the deal} said.

{snip a lot of pictures}
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