160 fenced acres, bordering 66 Ranch, water rights, well, spectacular views of the Madison River, the valley & mountains beyond. Incredible property protected by Conservation Easement with MT Land Reliance that allows for one 10-acre building site, with 1 single family residence. The largest parcel available, close to town. Has rights to use 66 Ranch roads & to fish their stocked pond for $800/yr. $360/yr for 40 water shares on the Madison Canal. Eight Mile Creek also crosses the property. 2 entrances.