Centennial Gateway North Ranch

TBD Lima Dam Road, Lima, MT


2,433 ± acres

Property Description

The Centennial Gateway North Ranch consists of 2,433+ deeded acres in the shadow of the Lima Peaks. This unit lends itself to being a perfect getaway for the equestrian or rancher wanting to run a low input operation. Topography consists of primarily native range, 320+ acre State grazing lease, 515+ flood or sub-irrigated acres and a river-front home.  Aquatic features include a bubbling spring and several miles of the Red Rock River which proves to provide countless wildlife, waterfowl and other recreational opportunities. Centennial Gateway North Ranch is located in the heart of hunting, fishing and all things outdoors. Improvements include a restored log garage, livestock barn, updated fencing and improved pipeline system for stock water. If you are looking for simple production with great views in a serene setting, look no further. This property is turn-key ready for the rancher or recreational buyer.


Property Facts


This property is located about 10 minutes east of Lima, Montana towards the iconic Centennial Valley. Lima offers basic services and is easily accessed from Interstate 15 and is about an hour drive to Idaho Falls, Idaho, where you will find all the shopping and commercial flights one could demand. Other services, including a state-of-the-art medical center, are 50 minutes away in the Beaverhead County seat of Dillon, Montana.


Dillon sits just north of Lima and is the county seat of Beaverhead County. Agriculture remains the predominant industry, supported by the area’s recreational tourism. Dillon offers a considerable array of commercial, institutional, and social enterprises including grocery, banking, auto-dealers, movie theater, churches, restaurants, hotels, and taverns. In addition, Barrett Memorial Hospital offers a large range of medical and specialist services to Dillon and surrounding area residents.

To the south of Lima, only 94 miles, is where the bustling town of Idaho Falls sits. It is situated along the Snake River and has all the features of big city living while still embracing a small-town charm. Offering its own performing arts groups, museums, zoos, golf courses, airport, shopping, higher education facilities, and of course professional minor league baseball, it’s hard to imagine finding nothing to do in this town.


Centennial Gateway North Ranch has the following proximal breakdowns of acreage:

  • 2,433 +/- Deeded Acres
  • 320 +/- Acres of State Lease
  • 1,913+/- Acres of Native Range
  • 515+/- Flood or Sub-Irrigated Acres
  • Red Rock River Frontage


The property is owner rated at 150 to 225+/- pairs for the summer season, depending on the season. A network of stock tanks provide ample stock water along with a warm water spring that stays open on the coldest of winters.


Centennial Gateway North Ranch is located in the heart of hunting, fishing, and all things outdoors. Located in HD 327, this ranch provides for over-the-counter opportunities for resident deer and elk hunters as well as available tags and landowner preference for out-of-state landowners. For the angler, steady flows of the Red Rock River in past years have improved fish habitat on the ranch. The recreation buyer will appreciate the Red Rock River winding through the property for several miles, providing the perfect habitat for fish, whitetail and mule deer, elk, moose, and an array of other waterfowl.


  • River-Front Home
  • Restored Log Garage
  • Livestock Barn
  • Repaired and Updated Fencing
  • Improved Pipeline System for Stock Water


If you are looking for simple production with great views in a serene setting, look no further. This property is turn the key ready for the rancher or recreational buyer.



Please contact Chance Bernall, Managing Broker, to schedule a showing. This is an exclusive listing with Beaverhead Home & Ranch Real Estate, and an associate must be present at all showings.  All showings must be scheduled with listing broker. 24-hour notice is appreciated.

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