Montana Farm and Ranch Brokers

Serving The Big Sky Since 1986

The Peterson Ranch Elbow Creek Unit – $3,802,064 – Roberts, MT 59070

2,376 +/- Acres situated in the mountain foothills of South-Central Montana in Carbon County minutes from Red Lodge, MT. 50 miles from Billings, MT. Private access to over 700 acres of BLM ground. A strong grass unit with Breathtaking Views in all directions. Ample water with sandstone outcroppings, white pines, juniper, and sage brush. Traditionally a summer grazing unit. An Elk and mule deer haven providing hunting and recreation abound. Power and access off Selmes Road. If you are looking for that piece of true “Big Sky County” in the “Last Best Place Montana”, the Peterson Ranch Elbow Creek Unit is a Must See!

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TBD Selmes Road
Roberts, Montana 59070: $3,802,064

LOCATION & ACCESS: The Peterson Ranch Elbow Creek Unit lies in the mountain foothills of South-Central Montana between the small communities of Bridger, MT, to the east and Roberts, MT, to the west. The ranch can be accessed off Selmes Road which originally was part of the Jim Bridger Trail, named after the famous local mountain man, himself.

Red Lodge, MT, is only minutes to the southwest at the base of the Beartooth Mountains and is the county seat of Carbon County. Red Lodge is famous for its western culture, Red Lodge Mountain Ski Area, winter and summer outdoor activities abound. Montana’s hunting and fishing is at your fingertips. Billings, MT, is only 52 miles northeast and is Montana’s largest city. Billings hosts an expanding International Airport, two of the region’s largest hospitals, and the region’s largest livestock and commodity trading. “Billings Has It” from shopping, hospitality, cuisine, and entertainment.

ELEVATION: 4,200′ – 5,000′

CLIMATE: Average 15 inches of rain per year.

OVERVIEW: The Peterson Ranch Elbow Creek Unit has 2,376 +/- total acres of strong native grasses, sage brush, western white pine, juniper, and sandstone out croppings.

Situated in the mountain foothills between the Clarks Fork of the Yellowstone and Rock Creek Drainages. The rolling hills and high plateaus provide some of the most spectacular views of the Beartooth-Absaroka, Crazy, Snowy, Pryor and Big Horn Mountains.

The Peterson Ranch Elbow Creek Unit has been operated by the same family for 47 years. Traditionally a summer cattle grazing unit, with abundant hunting and recreation.

Water throughout the property is provided by:
1 – Solar well
5 – developed springs
5 – reservoirs – all spring fed

Off to the southwest of the unit, lies over 700+ acres of land locked BLM property providing access to even more hunting and recreation.

The unit is fenced and cross fenced into three separate pastures. Power is available near Selms Road.

WILDLIFE: Abundant Elk, Mule deer, and upland game birds.

– All water rights associated with the property will be transferred.
– All mineral rights that sellers own will convey.

TAXES: $1,469.40 for 2022.

BROKER COMMENTS: This ranch is as untouched as when the Crow Indian Scouts used the high plateaus for lookout vantage points. Hard to find a property with such view sheds in all directions. The diverseness of terrane and the natural wildlife migration trails through the property making this a Hunters and Recreationalist haven. There are so many fantastic building sites throughout the property. If you are looking for a piece of property in The Last Best Place “Montana” the Peterson Ranch Elbow Creek Unit is a Must See!

PRICE: $3,802,064.00

Co-Listed with Dick Grosskopf – 406.860.1512 |

Scott Grosskopf 406-861-4558 |