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535 Fish Hatchery Road
Hamilton, MT 59840
$3,200,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2425
Property Description
Nestled on 39.11 acres on the east side of the picturesque Bitterroot Valley, 535 Fish Hatchery in Hamilton, MT, offers an unparalleled living experience with breathtaking views of the Bitterroot Mountain Range spanning 40 miles from north to south. Just 3.5 miles from Hamilton's Main Street, this property boasts a prime location, ensuring a perfect blend of serenity and convenience, while also offering versatility with the ability for it to be subdivided. As you approach, a custom 2¼" Ribbon Sapele Mahogany front door welcomes you to a residence completed in September 2019, featuring 3 bedrooms and 2.5 bathrooms across 2,425 Sq. Ft. of meticulously designed living space. The attention to detail is evident throughout, from the reclaimed hardwood floors throughout the living area to the luxurious amenities in every corner. The kitchen is a chef's dream with granite countertops, Dacor appliances, a Kohler Whitehaven apron sink, and a Dacor wine refrigerator. The dining area is adorned with a custom 24" Tuscany alabaster pendant light, creating an elegant atmosphere for gatherings. The bedrooms offer comfort with Villanova Berber carpet, designer closets, and Casablanca Panama 54” ceiling fans. Bathrooms feature tile floors, granite countertops, and high-end fixtures, including a Kohler Stargaze 6’ freestanding tub in the owner’s suite. Energy efficiency is the key to this home. Designated by Bonneville Power Authority (BPA) and Ravalli Electrical Cooperative (REC) as an energy efficient “Montana House II”. The Sierra Pacific H3 windows and doors throughout the home provide stunning v360-degree views and exceptional energy efficiency, complemented by custom window blinds, 6” wide interior walls, and R-15 Roxul rock-wool insulation for enhanced interior sound damping. The property extends its charm to the exterior, showcasing Diamond Kote siding, stamped concrete patios, and a covered front porch to enjoy your morning coffee watching the sun rise or you can relax in the evenings under a covered back patio and watch the sun set over the Bitterroot Mountains.The 36x60 fully insulated shop, completed in November 2023, offers a versatile space with a full bathroom, Rinnai tankless water heater, Rinnai 35,000 BTU propane heater, 200-amp electrical capacity with 30 & 50-amp RV electrical outlet, in-floor drains, 26-gauge metal roof with 13’ ceiling. This structure includes three bays, making it a perfect complement to the main residence. For the agriculture enthusiast, the land is designated as "prime farmland" and "farmland of statewide importance" from the NRCS, supporting 74 AUMs. The land is classified as “grazing” and “Bonified Agriculture Land” with a tax rate of 2.16. An irrigation system, utilizing Reinke center pivot technology, ensures efficient water distribution to the 38 acres planted with Round-Up Ready Alfalfa offering 3 cuttings per year, equating to 4.5 tons per acre annually. Daily Ditches Irrigation District supplies the irrigation water that is fed to the Reinke center pivot, 638 feet long with 4 towers. The turbine pump is a Gould 25 HP - 410 GPM. 780 feet of wheel-line complements the center pivot. This irrigation system is stand alone and not shared with any other neighbors. With 93 Colorado Blue Spruce trees, a sprawling lawn, and a 2,400 Sq. Ft. enclosed garden, this property offers a harmonious blend of luxury living and agricultural potential. This stunning property will truly deliver the epitome of Montana living.
Property Information
Lot Size
39 acre(s) square ft
Property Type
Other
Year Built
2019
MLS Number
30021184
Location
Address
535 Fish Hatchery Road
City
Hamilton
State
MT
Zip Code
59840
County
RAVALLI
Listing
Provider
Engel & Völkers Hamilton, original listing
Name
Engel & Völkers Hamilton
Phone
(406) 375-5556
Office Name
Engel & Völkers Hamilton
Office Phone
(406) 375-5556
Agent Name
Jani Summers

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.