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Sale of A River Runs Through It ranch north of Bozeman closes
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Sale of ranch asking $136 25 million breaks Montana record, agent says
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A spokesperson for Swan Land Company declined to comment on the identity of the buyer except to disclose that the buyer is an American citizen.
The deal is expected to close sometime in the summer, the spokesperson told Insider.
If the deal closes, Climbing Arrow would be the most expensive ranch ever sold in Montana and one of the priciest sold in the US, the ranch brokerage spokesperson said.
The current record in Montana is held by the $132.5 million Broken O Ranch, which billionaire Los Angeles Rams owner Stan Kroenke bought in 2012 in a deal also handled by Mike Swan.
If you had $136 million, you might have been able to own the Climbing Arrow Ranch, one of the largest private, undeveloped ranches in the West.
Just 20 miles west of Belgrade, the ranch sold May 10 just days after it was listed and after a rather spirited bidding war.
It is under contract to an unnamed American buyer, at close to its asking price, said Mike Swan of Swan Land Company.
âSince our public release of the listing of the Climbing Arrow Ranch, we have received an extraordinary response from the market, with multiple parties stepping immediately,â said Swan in a prepared statement.
Mansion Global
Following Bidding War, Montana Ranch is in Contract for Around $136.25 Million Ask
Climbing Arrow Ranch, near Bozeman, was publicly listed for less than a week before finding a buyer By Katherine Clarke and Candace Taylor |
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TK TK CLIMBING ARROW RANCH
A Montana ranch featured in the 1992 Robert Redford movie A River Runs Through It is in contract, less than a week after the listing was made public, the listing agent confirmed.
The property, known as the Climbing Arrow Ranch, sold for around its $136.25 million asking price following a bidding war, according to two other people familiar with the deal.
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