Price Reduced61
$1,300,000
4 bd · 3 ba · 3,786 sqft
5510 Rainbow Drive, Helena, MT
Samantha Yearry · Coldwell Banker Mountainside Realty
Est. $10,625/mo$906/sqft · 50 days on Realty
3
Beds
2
Baths
1,821
Sqft
2026
Built
If horses are your business, your passion, or both, take a look at this one! Sitting on 16.67 acres, this property was built with the horseman in mind. Whether you train, board horses, rope, run barrels, host clinics or equine events, or simply want an exceptional setup of your own, the hard work and expense have already been done. The indoor arena has all-new footing after the existing ground was completely removed and replaced with 8" of new arena sand. Outside, the NEW steel-fenced arena also has 8" of sand, roping chutes, return alley, catch pens and a heated and lighted crow's nest. There are 8 NEW pipe pens with loafing sheds, automatic waterers and feed bunks, plus 8 additional pipe runs with automatic waterers off the indoor arena stalls. A new hay barn, heated and insulated tack room, heated and insulated outhouse, and all-new pipe and barbed-wire fencing add to an incredible horse setup. The infrastructure is just as impressive with a completely new water system, underground isolation vault, 10 new automatic waterers, new well with on-demand pump and new septic system, both installed in 2025. And you don't sacrifice the house to get the horse setup! The bright, open NEW 1,821 sq ft home has 3 bedrooms, 2 baths, an open great room, kitchen and dining area made for entertaining, and a 740 sq ft heated attached garage. Upstairs is a 1,332 sq ft 2-bedroom, 1-bath guest apartment with a deck overlooking the arena. A remodeled bunkhouse offers even more possibilities for guests, an office or studio-style living space, plus an attached storage garage. Live here, train here, board here, host events, and build a business here. This property is ready for it.
Listing record
Choose a source to show its complete, unblended listing record.
Showing Montana Regional MLS
Montana Regional MLS · Listing 30078477
Courtesy of MT Ranch and Home Real Estate
Listing agent
Tara Petersen
(406) 437-8224
Billings Multiple Listing Service · Listing 361906
Courtesy of MT Ranch and Home Real Estate
Listing agent
Tara Petersen
(406) 437-8224
$330,000
Estimated monthly payment
$10,625/mo
Loan amount $1,320,000. Estimate only — your actual rate and payment depend on credit, location, and lender.
2026 roll
School ratings (A+ to F) from HJN community data.
Montana Regional MLS
Big Sky Country MLS
Black Hills Association of REALTORSThis content last refreshed on 2026-11-04 00:10:23 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Price Reduced61$1,300,000
4 bd · 3 ba · 3,786 sqft
5510 Rainbow Drive, Helena, MT
Samantha Yearry · Coldwell Banker Mountainside Realty
Price Reduced40$1,300,000
4 bd · 5 ba · — sqft
4115 Sawmill Gulch Road, Helena, MT
Cheri St. Pierre · Berkshire Hathaway HomeServices Midwest Realty
100$1,750,000
4 bd · 4 ba · 4,722 sqft
6905 Viscaya Road, Helena, MT
Mark Stahly · Big Sky Brokers, LLC
Price Reduced69$1,474,900
3 bd · 3 ba · 3,750 sqft
6809 N Montana Avenue, Helena, MT
Heather Lay · Keller Williams Capital Realty
Price Reduced53$1,300,000
4 bd · 5 ba · 3,208 sqft
4115 Sawmill Gulch Drive, Helena, MT
Cheri St. Pierre · Berkshire Hathaway HomeService