Lost Heart Ranch Ennis Lake Rd

Located on the north shore of Ennis Lake in McAllister, Montana, this legacy property presents a rare opportunity to acquire just over 2,800+- acres in one of Montana's most desirable valleys. The offering combines lake frontage, agricultural production, equestrian infrastructure, conservation or development potential, and a fully operational commercial component. Showing by appointment only.

A working ranch with residential, livestock, and infrastructure elements in place, Lost Heart Ranch anchors the entire offering. It is subdivided into 46 legal parcels, making if a great candidate for a conservation easement, possible development, and generational use. Includes 2,500+- SF 4BD/3BA main residence (1994), 2,400+- SF equipment shop with attached 2BD/1BA residence (2004), 3,100+- SF livestock barn, 115 acre hayfield with pivot, and 200+- feet of lake frontage.
A rare, turnkey 23.18 acre equestrian facility located on the lake, this component of the offering includes a 6,344+/- SF luxury home with a pool and full horse infrastructure.
The commercial asset of this property, Lake Shore Lodge offers a strong base for hospitality, storage, and lakefront access with expansion potential. Features 42 full-service RV sites (50 amp), office/store and bathhouse with laundry, 3 dry cabins and 4 additional rental cabins, employee housing on-site, marina with 10 docks and seawall.

With panoramic views in every direction--Lone Peak to the east, the Centennial Mountains to the south, and the rugged Tobacco Root Mountains to the west--the property features diverse topography including productive pasture, riparian corridors, and juniper-covered hillsides. Comprising four primary components--Lost Heart Ranch, Lost Heart Hayfield, Lake Shore Equestrian Estate, and Lake Shore Lodge--this property supports year-round ranching, recreation, and income generation, all just minutes from Ennis and under an hour to Bozeman.