Circle B Spring Creek Ranch

Property Map

Circle B Spring Creek Ranch - Recently Sold

Manhattan, Montana

Circle B Spring Creek Ranch is an historic property whose visionary management combined with world-class fishing and wildlife create a perfect sportsmen’s paradise in southwest Montana. The ranch consists of 427± acres located minutes from the farming community of Manhattan, Montana. Coupled with 1.6± miles of excellent fishing on Baker and V Creeks, 1.5± miles of West Gallatin River frontage and .5± mile of private fishing on Monk Spring Creek, the recreational attributes alone are enough to desire as an owner.  There is excellent potential to expand upon the length of the fisheries to enhance habitat for fish and waterfowl alike.  Fall brings excellent waterfowl and whitetail deer hunting on the ranch.  With the implantation of a small grain crop, the pheasant hunting should increase to first-rate status. To complete the picture, the house has been renovated to a 5-bedroom, 4-bath luxurious and comfortable home, creating a space to invite guests, enjoy family or relax quietly as one enjoys the sounds of the nearby creek. A finished garage, barn and a machine shop complete the homestead. The ranch is only a 20± minute drive to Bozeman Yellowstone International Airport, and 30± minutes to the cultural center of Bozeman, providing excellent dinning, shopping and events. The collaboration of quality, location and amenities provide perfect balance to make this a truly unique and special property.   


The Circle B Spring Creek Ranch is at the center of a small-town valley, framed within several mountain ranges, and has amazing attributes plus some that are typically associated with a ranch getaway retreat. The small, neighborly community of Manhattan provides basic amenities and some excellent eateries. Bozeman, a highly sought-after recreational, dining and boutique mecca, is approximately 20± minutes from the property.

Bozeman Yellowstone International Airport (BYIA) at Gallatin Field is an easy 15± minutes from the Circle B and is serviced by Alaska, Allegiant, Delta, Frontier, and United Airlines, and also features the Yellowstone Jet Center, the number-one-rated FBO in the northwest United States. For more information see


The Circle B Spring Creek Ranch is just outside the small town of Manhattan, which began as a farming community successful in the malting business and continues the farming heritage today expanding into ranching, potatoes, dairy, and wheat farms. Manhattan encompasses the atmosphere and culture that prevails in small-town Montana. A day on the street might consist of a quiet chat with friends from the surrounding area, mingling with 5,000 other attendees at the annual Potato Festival or enjoying an evening of Shakespeare in the Park. Small businesses consisting of the usual amenities also include woodcarver’s, artisans, and antiques. A medical clinic, dentist office, full-service bank, museum, and art gallery flourish beside grocery, hardware, and auto repair businesses.

Not to be missed is the “best little steakhouse in the west,” The Oasis, located just around the corner from the quaint main street where the portions satisfy any appetite and the steaks placate any critic’s palate.

Bozeman, an eclectic university town (population 35,000 plus 13,500 students), is 20± miles east of the property and in recent years has received national notoriety for its scenic location, limitless outdoor activities and historic downtown area. The cafes and restaurants have become a popular meeting place for individuals who love the fishing, hunting, skiing, mountain biking and hiking available in the surrounding area.

The Montana Handbook describes Bozeman as a lovely setting that makes the most of its physical attributes, with hiking, fishing, and skiing practically out the back door. However, what makes Bozeman such a great place is the town itself. More than any other Montana city, Bozeman has maintained its handsome old downtown as a business center, which makes the city seem centralized and community focused.

Within an hour’s drive south from Bozeman, Highway 89 leads to the entrance of three world-class ski resorts: Big Sky Ski and Summer Resort, The Yellowstone Club Resort, and Moonlight Basin. Big Sky Ski and Summer Resort and Moonlight Basin Ski Resort are contiguous and can be skied with the same ticket. The combination of the two resorts results in the largest ski resort in the lower 48 states, with tremendous terrain for the beginner as well as extreme skier. Bridger Bowl ski area is approximately a 45± minute drive east of the property and offers light, fluffy snow locally known as the “cold smoke.” Bridger Bowl possesses a unique small-town atmosphere with world-class terrain.

Continuing south on Highway 89, past the turnoff to Big Sky, is the entrance to Yellowstone National Park replete with all the amazing scenic and geothermal features for which it has become famous. It also has some of the best trout fishing in the world.


The ranch consists of 427± deeded acres.

Acreage Breakdown: 

Approximately 392± acres of the Circle B Ranch are conserved and protected under a conservation easement which allows for three additional single-family residences within specified building envelopes. There are approximately 35± acres not currently under easement. Any future buyer is encouraged to research and understand the conservation easement to their full ability. A copy may be attained through the offices of Hall and Hall.


Owner’s Home
Renovated in 2005, the beautiful home has reclaimed fir plank floors, granite countertops, hand-cast plaster walls, and reclaimed beams and trim. The siding consists of rough-sawn fir, the windows and doors have been capped, and the front door is custom-made. Both dining and living areas contain fireplaces. There are five bedrooms, including one master bedroom, and four bathrooms, a screened-in porch, covered patio, and a hot tub with ozone and ionizer system. The master bedroom contains a brick fireplace. The home exudes luxury yet retains all the coziness and comforts of family life.

This two-bay garage has an extra room with a ¾-bath on the ground floor and could lend itself nicely as an entertainment or exercise room. A loft area currently serves as a kids’ play room, but has a myriad of use potentials such as a home office or a Fly-tying space. There is ample storage available under the stairs in the garage, as well as, in the eaves of the loft.

Machine Building
With southern exposure, this insulated machine shop boasts three automatic garage doors, concrete floor with commercial-grade floor paint and electric heat. The center bay is a drive-through bay and was built with a raised door for higher equipment.

The barn has fir plank siding and a metal roof, and the interior has two stalls.

Coyote Cabin

Nestled along the banks of Baker Creek, this was a homestead cabin circa 1930. New windows have been installed, and with the woodstove it serves as a wonderful warming hut.

One lean-to is currently used for wood storage and the other serves as livestock protection.

Also on the property is an enclosed orchard and within the orchard are cedar, raised-bed vegetable gardens.


General Operations: 

Circle B Spring Creek Ranch sits at an approximate elevation of 4,200± feet and enjoys mountain views of the Horseshoe Hills (6,600± feet), Spanish Peaks (11,015± feet) and Bridger Mountains (9,665± feet). The Manhattan area has a sunny climate with cool summer mornings and afternoons reaching into the 80s and 90s in the warmer months. The winter months average 20 to 30 degrees Fahrenheit. Winter and spring provide most of the precipitation desired by this farming community depositing 2-3 inches of rainfall and 8-9 inches of snowfall, on average.

Grazing Resources: 

The current owner operates a grass/grazing lease during the winter months and sells hay on the stem in summer. An irrigation system has recently been implemented to enhance yields. There has been success raising small grains in the past and there is a strong probability of growing more under irrigation.

Wildlife Resources: 

Waterfowl, pheasant and whitetail deer are at home on the Circle B Spring Creek Ranch and wildlife viewing of all types is readily available. Bird and animal watching is to be anticipated while navigating the ranch or while sitting quietly on the porch. The Circle B is an oasis for all kinds of wildlife with hundreds of species of birds including pairs of active nesting red-tail hawks, turkey, sandhill cranes, wood duck and cinnamon teal being some of the most beautiful. With large populations of whitetail deer, it is not uncommon to see over a hundred deer out feeding in the morning and evening hours. There are a myriad of different fauna that call the ranch home and a lifetime could be spent experiencing all that it has to offer.

Fishery Resources: 

Circle B Spring Creek Ranch is a rare find that provides an angler with a variety of angling experiences with 1.5± miles of the West Gallatin, 1.6± miles of Baker Creek and V Creek, and .5± mile of private fishing on Monk Spring Creek. The large fish in the Gallatin system seek refuge during the warmer months in the different spring creeks on the ranch, providing the angler a rare experience of fishing for large fish in more intimate water. Baker Creek is notorious for its legendary browns as well as allowing for good shots at exceptional rainbows. There are great hatches that occur on the ranch’s streams as well as excellent “hopper fishing” which creates some of the best dry-fly fishing in the area. In fall and spring there are great hatches of blue-wing olives. Caddis are present from April through October and are thick at times. There are golden stoneflies which show up in April and May which make a yellow stimulator the choice this time of year. In August and September there is a prolific trico hatch in the morning. This particular stretch of the West Gallatin offers some tremendous fall streamer fishing where it is possible to catch lunker browns in excess of 24 inches.

On any fly-fishing property, no matter how good the fishing, the day will come when there is a desire to venture out to fish other rivers. It is difficult to find a location where there are more quality options within a short drive. The Madison, Gallatin and Yellowstone Rivers are located within 15 to 45 minutes of the ranch and are arguably the most famous fly-fishing rivers in the world due to their scenic beauty as well as incredible numbers and size of trout. These rivers earned early notoriety from such well-known fly-fishers as Joe Brooks, Charles Brooks, and Bud Lilly.

The Madison, Yellowstone, and Gallatin Rivers are known for their dry-fly fishing which range from blue-winged olives and midges in the spring, the salmonfly hatch in June, mayflies, caddis, hoppers and terrestrials in the summer, to blue-winged olives and midges in the fall and winter. Throw in some of the best streamer fishing in the state, as well as great nymph fishing, and there are a variety of rivers that can provide a lifetime of entertainment for beginners as well as seasoned veterans.

Other rivers that are within 1½ hours from the property and offer world-class trout fishing are the Jefferson, Ruby, Big Hole, Missouri, and the Beaverhead Rivers. Several world-class “fee” spring creek fisheries are also close at hand. The Milesnick Ranch is located within 5± miles of the ranch and offers challenging dry fly-fishing on their two spring creeks. Thirty miles over the hill in Paradise Valley along the Yellowstone River, Depuy, Armstrong, and Nelson Spring Creeks attract avid anglers from around the globe. Additionally, there are several tributaries, spring creeks, and mountain lakes in the area that will become known to you as you explore your surroundings.

Of course the lure of traveling further out may beckon a curious angler. One to two hours will put you into the Henry’s Fork watershed in Idaho or well into the center of Yellowstone National Park. The Park is where many of these famous rivers originate and its nutrient-rich waters are the reason that the greater Yellowstone region is noted as being one of the best areas in North America for catching trophy trout. The vastness of this area can occupy an angler for a lifetime.

Recreational Considerations: 

The waterfowl seem to remember this area and the ranch offers a staging area for waterfowl on their way south, and as a result the hunting can be quite impressive in October, November, and December. Circle B has excellent populations of whitetail deer with bucks as large as 150 BC spotted seeking protection within the property’s outstanding riparian bottom. Pheasant hunting on the ranch is good and with the introduction of some small grains the hunting should be exceptional. With careful thought, rest and restoration, the ranch has become a true demonstration of complete trophy management. With trophy class whitetail, vast flights of waterfowl and strong populations of pheasants, Circle B affords the owner a prestigious and absolute hunting experience.

Through the summer months, golf is a popular sport and the greater Bozeman area supports four public and two private courses. The vast mountain ranges, beautiful meadows and streams, and lush valleys offer a multitude of recreational pursuits, including horseback riding, hiking, backpacking, bird watching, mountain biking, cross-country skiing, and many other desirable outdoor pursuits.
In addition to the property’s outstanding fishing, the Circle B Ranch is within close proximity to four different word-class ski resorts including Big Sky, Bridger Bowl, Moonlight Basin, and the notoriously private Yellowstone Club Resort.


The estimated yearly property taxes are approximately $9,500.00.

Broker Comments: 

It is rare to find a property with such diverse, quality fishing resources as the Circle B, which also has easy access to a vibrant cultural community, a commercial airport, and several ski areas. An ideal setting, private fishing, excellent location, a beautiful house and up-to-date outbuildings are just a few of the top reasons to visit this property, all complemented by an excellent management program.

The Facts: 
  • 427± deeded acres
  • 1.6± miles of excellent fishing on Baker and V Spring Creeks
  • 1.5± miles of West Gallatin River frontage
  • .5± mile of private fishing on Monk Spring Creek
  •  Water rights potential for irrigating approximately 277± acres
  •  Beautiful main home & garage 
  •  Excellent whitetail and waterfowl hunting
  • Good pheasant hunting
  • 5± minutes from Manhattan, Montana and 20± minutes to a commercial airport
Additional Services: 

MANAGEMENT SERVICES – Hall and Hall’s Management Division has a very clear mission–to represent the owner and to ensure that his or her experience is a positive one. Services are customized to suit the owner’s needs. They often begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of a management or operating plan along with appropriate budgets. Ongoing services include bill paying, ranch oversight, and consulting services as needed. Even the most sophisticated and experienced ranch owners appreciate the value of a management firm representing them and providing advice on local area practices and costs. Wes Oja, Jerome Chvilicek, Dan Berstrom or Brant Marsh at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call.

RESOURCE ENHANCEMENT SERVICES – Increasingly the value of a ranch is measured by the quality of each and every one of its resources. Coincidentally, the enhancement of a ranch’s resources also increases the pleasure that one derives from the ownership of a ranch. Our management services have included the assessment of everything from wildlife habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the enhancement of these resources. Wes Oja, Jerome Chvilicek, Dan Bergstrom or Brant Marsh at (406) 656-7500 are available to describe and discuss these services in detail and welcome your call.

AUCTIONS - Hall and Hall Auctions offer “Another Solution” to create liquidity for the owners of Investment-Quality Rural Real Estate.  Our auction team has experience in marketing farmland, ranchland, timberland and recreational properties throughout the nation.  Extreme attention to detail and complete transparency coupled with Hall and Hall’s “Rolodex” of more than 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at each auction. In addition, the unique Hall and Hall partnership model creates a teamwork approach that helps to assure that we realize true market value on auction day.  For more information on our auction services contact Scott Shuman at (800) 829-8747.

APPRAISALS - Staying abreast of ancillary market influences in ever-changing economic conditions requires a broad professional network to tap into. Finding an appraiser who not only understands the numbers but also the differences in value from one area to another is a critical part of making an informed decision. The appraisal team at Hall and Hall, formed entirely of Accredited Members of the American Society of Farm Managers and Rural Appraisers (ASFMRA), has that critical network of brokers and lending professionals. This professional network coupled with diverse experience across multiple regions and market segments allows our appraisal team to deliver a quality product in a reasonable timeframe.  For more information contact our appraisal team at (406) 656-7500.

SPECIALIZED LENDING - Since 1946 Hall and Hall has created a legacy by efficiently providing capital to landowners.  In addition to traditional farm and ranch loans, we specialize in understanding the unique aspects of placing loans on ranches where value may be influenced by recreational features, location and improvements and repayment may come from outside sources. Our extensive experience and efficient processing allows us to quickly tell you whether we can provide the required financing.

Competitive Pricing  |  Flexible Terms  |  Efficient Processing
Tina Hamm or Scott Moran • (406) 656-7500 
Mike Hall or Judy Chirila • (303) 861-8282
Monte Lyons • (806) 698-6882
J.T. Holt • (806) 698-6884


Following is a Montana law required disclosure.


Montana law requires that BUYER’s and SELLER’s be advised about the different types of agency relationships available to them (MCA § 37-51-102 & 37-51-321).  A real estate agent is qualified to advise only on real estate matters.  As the client or as the customer, please be advised that you have the option of hiring outside professional services on your own behalf (legal and tax counsel, home or building inspectors, accountant, environmental inspectors, range management or agricultural advisors, etc.) at any time during the course of a transaction to obtain additional information to make an informed decision.  Each and every agent has obligations to each other party to a transaction no matter whom the agent represents.  The various relationships are as follows:

SELLER's Agent:  exclusively represents the SELLER (or landlord).  This agency relationship is created when a listing is signed by a SELLER/owner and a real estate licensee.  The SELLER's agent represents the SELLER only, and works toward securing an offer in the best interest of the SELLER.  The SELLER agent still has obligations to the BUYER as enumerated herein.

BUYER's Agent:  exclusively represents the BUYER (or tenant).  This agency relationship is created when a BUYER signs a written BUYER-broker agreement with a real estate licensee.  The BUYER agent represents the BUYER only, and works towards securing a transaction under the terms and conditions established by the BUYER and in the best interest of the BUYER.  The BUYER agent has obligations to the SELLER as enumerated herein.

Dual Agent:  does not represent the interests of either the BUYER or SELLER exclusively.  This agency relationship is created when an agent is the SELLER's agent (or subagent) and enters into a BUYER-broker agreement with the BUYER.  This relationship must receive full informed consent by all parties before a "dual-agency" relationship can exist.  The "dual agent" does not work exclusively for the SELLER or the BUYER but works for both parties in securing a conclusion to the transaction.  If you want an agent to represent you exclusively, do not sign the "Dual Agency" Disclosure and Consent" form.

Statutory Broker:  is a licensee who assists one or more of the parties in a transaction, but does not represent any party as an agent.  A licensee is presumed to be acting as a “statutory broker” unless they have entered into a listing agreement with the SELLER, a BUYER-broker agreement with the BUYER, or a dual agency agreement with all parties.

In-House SELLER Agent Designate:   is a licensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the SELLER for a specific transaction in which the brokerage has the property listed and the BUYER is working directly through the same brokerage also.  This agent may not act on behalf of any other member of the transaction and works for the benefit of the SELLER, but still is obligated to the BUYER as any SELLER's agent would be.

In-House BUYER Agent Designate:   is a licensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the BUYER for a specific transaction in which the brokerage has the property listed and the BUYER is working directly through the same brokerage also.  This agent may not act on behalf of any other member of the transaction and works for the benefit of the BUYER, but still obligated to the SELLER as any BUYER's agent would be.

Subagent:   is an agent of the licensee already acting as an agent for either the SELLER or BUYER.  A "SELLER agent" can offer "subagency" to an agent to act on his behalf to show the property and solicit offers from BUYER’s.  A "BUYER agent can offer "subagency" to an agent to act on his behalf to locate and secure certain property meeting the BUYER's criteria. 

_____ of Hall and Hall is the exclusive agent of the Seller.

NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced.