The Drift at North Forty
Multifamily | 8 Units
Marketing description
The Drift at North Forty presents a rare opportunity to acquire a partially completed luxury residential development in the heart of Montana's Madison Valley. Situated within the North Forty master-planned community in Ennis, Montana, the offering combines existing income-producing residential assets, completed horizontal infrastructure, municipal utility approvals, and significant remaining development potential.
Unlike a traditional land offering, The Drift provides an established foundation for future value creation. Eight thoughtfully designed luxury condominium residences have established the project's architectural identity and market presence, demonstrating demand for high-quality residential product in one of Montana's premier outdoor recreation destinations.
Beyond the existing residences, the Property includes approved development opportunities that may support additional luxury residential units, higher-density multifamily development, or a boutique hospitality concept, subject to applicable approvals and a purchaser's due diligence. Existing municipal infrastructure, roadway improvements, and utility capacity significantly reduce entitlement and development risk relative to a typical greenfield opportunity.
Positioned approximately one hour from both Yellowstone National Park and Big Sky Resort, Ennis has become one of Montana's most sought-after recreation markets, driven by world-renowned fly fishing on the Madison River, exceptional hunting, hiking, and year-round tourism. Combined with increasing demand for luxury mountain real estate, The Drift represents an opportunity to acquire a premier development platform in a supply-constrained market.
Whether pursuing condominium sales, long-term residential investment, boutique hospitality, or a phased mixed-use development strategy, The Drift offers multiple paths to unlock value while benefiting from infrastructure and approvals already in place.
Investment highlights
- Rare Master-Planned Development Opportunity with completed vertical construction, remaining development capacity, and multiple execution strategies.
- 8 Existing Luxury Residences featuring contemporary mountain architecture, premium finishes, expansive mountain views, attached garages, and dedicated gear storage.
- Significant Infrastructure Already Completed, including roads, municipal water, sewer, stormwater, and utility improvements, reducing development risk.
- Municipal Water & Sewer Capacity Confirmed with supporting DEQ and Town of Ennis approvals already obtained for previously planned residential development.
- Multiple Development Opportunities, including additional luxury residential product, higher-density multifamily, or boutique hospitality concepts, subject to buyer verification and approvals.
- Walkable to Downtown Ennis, offering immediate access to restaurants, shopping, galleries, and local services.
- Minutes from the Madison River, one of the most renowned blue-ribbon trout fisheries in North America.
- Approximately One Hour to Big Sky Resort, Yellowstone National Park, and Bozeman Yellowstone International Airport, providing exceptional regional accessibility.
- Located Within the Greater Yellowstone Ecosystem, surrounded by millions of acres of public land supporting year-round recreation.
- Short-Term Rental Friendly Residential Product, providing flexibility for owner occupancy, vacation rentals, or investment ownership.
- Institutional-Quality Basis for Future Development, with an established brand, completed improvements, and an opportunity to create a premier residential and hospitality destination in the Madison Valley.
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