Famous Montana Ranch Under Contract For $136 Million
A famous Montana ranch of nearly 80,000 acres went under contract for sale this week – including a 2,000-cow commercial Angus herd – for $136.25 million after just one week listing.
The Climbing Arrow Ranch, featured in the 1992 Robert Redford movie “A River Runs Through It,” sold for its asking price following a bidding war, according to reporting by the Wall Street Journal. The listing agent, Mike Swan of Swan Land Company, confirmed the property was under contract.
"Since our public release of the listing of the Climbing Arrow Ranch, we have received an extraordinary response from the market, with multiple parties stepping forth immediately," Swan said in a statement. "We can confirm that the sellers have engaged with a prospective buyer who is currently conducting their inspections of the ranch."
The sale of Climbing Arrow Ranch, located on the north end of the Bridger Mountain Range in southwest Montana and believed one of the largest private undeveloped ranches in the West, will be one of the most expensive ever sold in the U.S. The ranch is about 30 miles from Bozeman, MT.
Swan said the ranch was sold by the Anderson family, who have owned the ranch since 1959. Buck Anderson, grandson of Bank of California president Frank B. Anderson, made the original purchase.
The ranch is comprised of five separate, noncontiguous parcels that span four counties. Total acreage is 79,582 acres, of which about 73,180 are deeded. There are seven modest ranch homes on the ranch, most of which are for staff.
