Flathead Lake Waterfront Market Report - May 2026 Sales

May Sales:

Pricing and Sales Summary:

Significant Sale

Hughes Bay Beach Frontage

100 feet of waterfront

0.95 acres, 3,482 total sf

List price $3.0M

Unmatched Flathead Lake living on a spectacular 1-acre waterfront estate. The property includes a 3-bedroom, 2.5-bath main home, a newly updated 2-bedroom, 1-bath guest house, a 34x40 shop with bath, and a boat/bunkhouse with its own bedroom and bath.

Expansive windows frame breathtaking lake and mountain views, while multiple decks and a walkout basement with 10-foot ceilings create exceptional indoor-outdoor living. The gently sloping lawn leads to 100 feet of pebble beach in a private cove, a walk-in swimming area, and a newer 65-foot concrete dock. An automatic rail system makes launching and storing your boat effortless.

The guest house features new flooring, appliances, and bath upgrades, while the shop offers a loft, storage room, wood stove, shower bath, oversized RV storage, and additional RV parking with hookups. A separate heated 530-square-foot flex space with plumbing and a wood stove provides options for a workshop, office, hobby room, or additional guest accommodations.

Enjoy beautifully landscaped grounds with mature apple, cherry, and apricot trees, terraced flower gardens, a fenced garden area, and a peaceful waterfall and pond setting complete with custom stonework and an outdoor fireplace. Wildlife—including eagles, osprey, deer, and waterfowl—is a daily sight.

Additional highlights include a new roof (2026), water rights for both the well and Flathead Lake, no HOA, no covenants, no zoning, and year-round county road access. Located just 2 miles south of Lakeside and minutes from shopping, dining, Blacktail Mountain Ski Area, Legacy Bike Park, and the Alpine Slide, with Glacier National Park about an hour away and Glacier Park International Airport within 30 minutes.

With some of the finest views on Flathead Lake overlooking the Mission and Rattlesnake ranges, this rare property is ideal as a luxury residence, family retreat, or income-producing vacation rental.

Active Waterfront Listings

June residential inventory on the lake continued its seasonal climb as we head into the warmer months. Inventory overall is down 18 listings relative to last year, and down significantly when compared to the past 5 years of data. Median active price has eased slightly to just over $3.0M.

Waterfront land inventory dropped to 5 active listings. The median active price dropped significantly to $695k last month where it continues to stand. This is due primarily to the small sample size and a shifting of larger parcels coming off the market.

Flathead Lake Condominium Market

With nearly two dozen waterfront condominium communities around Flathead Lake, there has historically been plenty of options for buyers who want the waterfront lifestyle without having to worry about maintaining a lake home. Below is a summary of currently active and sold units so far this year as compared to last year's sales.

There were 26 condo sales reported in 2025. Sales started slow last year, then accelerated in early fall likely due to the lack of affordable single family inventory on the water and surpassed sales reported in 2024. The 8 sales reported this year also looks like a slow start to the year. The 25 active listings represent just over 16 months of inventory based on year-to-date sales.

Two larger Bear Dance units have sold this year, setting the price record for Flathead Lake condo sales.