Exceptional 203.31 acre offering in McAllister, Montana, bordering State of Montana land at the far north end of the Madison Valley. This property combines irrigated hay ground, prime homesites, and panoramic views for a truly rare opportunity. Approximately 55 acres are under pivot irrigation with water rights, providing excellent hay production or grazing capacity. The balance of the land offers elevated building sites that encompass a variety of terrain and commanding 360 views of Ennis Lake, the Madison Range including Lone Peak, and the Tobacco Root Mountains. Five homesites are approved, each with incredible vistas of the valley and surrounding mountains. Well-suited for a gentleman's or horse ranch, the property offers agricultural utility and recreational opportunity. It borders state land and includes a walking easement to BLM, ensuring direct access to hundreds of acres of public land. Located less than an hour from Bozeman, this property combines privacy, productivity, and unmatched views in one legacy holding.