For Sale

Bull Mountain Ranch

$13,950,000 Roundup, MT 9,847± Deeded Acres

Executive Summary

Once in a great while we have the opportunity to offer an elk hunting ranch with amenities that put it in a class which would be difficult to replace anywhere in the Rocky Mountain region. Located approximately 45 miles north of Billings, MT, the 15,600± acre Bull Mountain Ranch is an outstanding elk hunting property in the heralded Bull Mountains of east-central Montana.  The ranch, consisting of 9,800± deeded acres and 5,800± leased acres, has been managed for over ten years for trophy quality elk and productive cattle grazing.  Along with the elk - whitetail deer, mule deer and Merriam’s turkeys can be found throughout the large landscape utilizing the habitat characterized by rolling ponderosa hills, sandstone outcroppings, meandering creek and grassy meadows. The modest yet well-maintained headquarters include a residence, barn, shop and cattle handling facilities.

Just the Facts

  • 45 miles north of Billings, 20 miles south of Roundup
  • 15,644± acres total (9,800± deeded, 4,484± private 40 yr. lease, 1,280± State lease, 80± BLM lease
  • Comfortable remodeled log home
  • Excellent livestock operating facilities
  • Currently summers 750± cows for five months
  • One of the best private elk hunting ranches in the state
  • Deer, antelope and turkey hunting
  • Classic Montana ranch country - rolling ponderosa hills, sandstone outcroppings, meandering creeks and grassy meadows

General Description

The Bull Mountain Ranch is-well improved and completely blocked up with the addition of the 40-year lease with the Signal Peak Corporation. The ranch encompasses over 24 square miles and enjoys views of several mountain ranges, the surrounding ponderosa foothills, sandstone rock outcroppings, and meandering creak meadows. The mixed terrain creates tremendous wildlife habitat as well as contributing to the ranch’s dramatic scenery. The meadows, which are a magnet for the elk, are located along Fattig Creek which meanders through the northwest section of the ranch for over two miles.  As one enters the ranch headquarters from the south, the improvements are positioned directly off Fattig Creek Road and flanked by ponderosa foothills rising to the east.  Except for roughly 900 acres, the entire ranch lies east of the Fattig Creek Road.  Good private roads access the higher elevations on the ranch providing access to the more intimate and picturesque landscapes tucked away and out of eyeshot of the county road.  Water is located throughout the ranch with a creek, wells, springs and reservoirs all helping create a sustaining environment for all kinds of wildlife. 


Broker's Comments

The Bull Mountain Ranch is a solid operating ranch and one of the great private deer and elk hunting ranches in the state. 


Learn about the locale


The Bull Mountain Ranch is located 45 miles north of Billings in the southern reaches of the Bull Mountains.  Billings, Montana’s largest city, offers extensive amenities and services including the region’s largest medical center and the finest commercial air service in the state.  Roundup, roughly 20 miles north of the ranch, is the closest small community and provides good, basic small-town services needed for the ranch’s daily operations.



The Bull Mountain Ranch is located in an area consisting of medium to large range livestock operations.  Many of these are owned by families who have ranched in the area for generations or families from other areas who have invested in “the Bulls” to take advantage of the world-class hunting and cheap operating costs.  While some subdivision has occurred nearer to population centers, the vast majority of the Bull Mountains is under solid ownership.

Some say it was named because it was the ending point of the Texas Trail cattle drives into Montana.  Today, Roundup is still a cow town centered on serving the agricultural enterprises in the area in much the same way it did in the late 1800s.  There is a myriad of activities to enjoy in the area such as visiting the Roundup’s historical museum, playing golf at Pine Ridge Country Club, or taking in the rodeos.  Additionally, there are many social and cultural activities in Billings, Montana less than an hour to the south.  Billings is a major agricultural center and offers fine dining, regional banks, automobile dealerships and the Billings Metra, Montana’s largest entertainment complex.


Precipitation on the ranch averages 12-14 inches of moisture including snow. The growing season is approximately 125 days in the lower elevation and roughly 100 days in the higher upland ranges.

According to, the average high temperature in January is 36 degrees, while the low is 11 degrees. Generally, the warmest month is July with an average temperature of 87 degrees and evening low of 57 degrees.

Learn more about the property

Acreage (Deeded & Leased)

Deeded Acres: 9,847±
State Leased Acres: 1,280±
BLM Leased Acres: 80±
Other Leased Acres: 4,484±
Total Leased Acres: 5,844±
Total Acres: 15,691±


The Bull Mountain Ranch is adequately, but not overly, improved with each structure being functional and serving a specific purpose. There is a well-maintained log home on the ranch that was originally built in 1910 which has undergone updates and tasteful remodels.  With over 2,000 square feet of living space the home has two bedrooms and two baths. 

The agricultural buildings include a standard 32 ft. x 40 ft. barn built in 1968 and a 22 ft. x 108 ft. metal pole barn built in 1996.  Additionally, there are several ancillary loafing sheds and stock buildings used in supplementing the operation of the ranch.

Mineral Rights

All minerals appurtenant to the ranch and owned by the sellers will be transferred to buyer at closing.



$4,043 estimated based upon past years. 


Learn about the recreational amenities

Wildlife Resources

Whether you want to go on a world-class hunt of a lifetime or enjoy the beautiful wildlife through the lens of a camera or binocular, you will be astonished at the diversity of wildlife that make The Bull Mountain Ranch their seasonal or permanent home. Arguably the Bull Mountains have an abundance and quality of wildlife worthy of being labeled “the best in Montana.”  The Bull Mountains were so named because of the bull bison that would call the area home when they we too old and no longer able to keep up with the migrating herds.  Today, the old buffalo are gone having been replaced by an ever-increasing number of elk. Aside from the trophy elk - trophy mule deer, white tail deer and Merriam’s turkeys are all abundant on the ranch.

Recreational Considerations

Aesthetically the property has a classic Montana ranch feel with open grassy parks, timbered hillsides and small creek drainages.  It offers a pleasant contrast to the more alpine scenery found in the western part of the state. The more open terrain is wonderful riding and hiking country allowing one to ride or walk for miles, never leaving one’s own boundaries.

Learn about the general operations

General Operations

The current agricultural operation is based on leasing the ranch to a neighboring rancher who runs 750±  pairs for a five-month grazing season for a total of 3,750±  AUMs.  If the Lessee does not use the allotted 3,750±  AUMs during the grazing season, the Lessee can graze during other months as long as they do not exceed this total.  The Lessor does reserve the right to terminate the lease with the sale of the property. The hunting rights are leased year-to-year and this lease too can be terminated upon the sale of the ranch.  


Back to Overview

Other Properties

More Like This

The 1,048± acre ranch is located on the West side of the Bridger Mountains, 40 minutes from the recreational Mecca of Bozeman. Privately situated, the land offers spectacular views, is full of wildlife & surrounded by vast historic ranches. North Ridge Ranch is well watered by Bremmer Creek; owns 100% of the mineral rights & can carry 100 cows.

1,048± Deeded Acres
View Property Details

This offering represents a rare opportunity to purchase property in the Big Sheep Creek Basin, a place rich in the ranching tradition. Beautiful scenery, large mountain vistas and great neighbors. This ranch consists of 4000± deeded acres, 6000± BLM, 6000± Forrest and 1200± State leases.

4,015± Deeded Acres
View Property Details

N Bar Ranch

Grass Range, MT

Steeped in the history of the American West lies the N Bar Ranch spanning more than 60,000± contiguous acres in the foothills of central Montana’s Snowy Mountains, 100 miles north of Billings, Montana.

51,409± Deeded Acres
View Property Details

Aspen Bend Ranch

Lewistown, MT

Paradisal ranch retreat with 355.53± diverse acres and .88± miles of the East Fork of Big Spring Creek. Superbly crafted owner’s residence and partially renovated ranch guest house and workshop. Sporting opportunities abound just 15 miles south of Lewistown, Montana.

356± Deeded Acres
View Property Details