Welcome to Gray Owl Retreat, an exceptional 5 bedroom/4 bath mountain property offering the perfect blend of luxury, privacy, and Montana living. This 4573 sq. foot home is set in a magical high-alpine setting and bordered on three sides by approximately 8 acres of protected open space. Here you will enjoys breathtaking mountain views and frequent visits from elk, foxes, moose, and other native wildlife - all just minutes from Town Center and approximately 15 minutes from Big Sky Resort. The thoughtfully designed main residence features four bedrooms and three bathrooms, with warm, contemporary mountain architecture highlighted by exposed beams, expansive windows, and exceptional natural light. The open-concept living space centers on a chef's kitchen with premium stainless appliances, a wine refrigerator, an oversized island, and a dining area that is ideal for entertaining. The adjoining great room offers a striking gas fireplace and seamless access to an expansive covered deck with infrared heater, a fire table, a private hot tub, and gas grill, creating year-round indoor-outdoor living. The main-level primary suite is a private sanctuary with direct deck access and a spa-inspired bath featuring a clawfoot soaking tub. The lower level is thoughtfully designed for family and guests, offering two additional bedrooms--including a spacious king suite, and bunk room--along with a large recreation room featuring shuffleboard, ping pong, fitness space, multiple entertainment areas, and plenty of room to gather after a day of adventure. The upper level of the home features a queen bedroom with charm and character. A beautifully renovated detached one bedroom guest residence adds further versatility, perfect for visiting family, long-term guests, a caretaker, a private office, or potential rental income. The two-level residence includes a full kitchen with premium appliances, a comfortable living room, laundry, boot dryers, a full bathroom, a spacious king bedroom, and a sleeper sofa, plus a private outdoor sitting area with a gas fire pit. Upgrades throughout include a Sonos sound system, an oversized laundry and mudroom with boot dryers, an oversized two-car garage, with golf hitting cage/carport, abundant storage, and quality finishes designed for comfort and functionality.Whether you're seeking a full-time residence, a mountain retreat, or a legacy property, Gray Owl Retreat offers privacy, luxury amenities, and a premier Big Sky location.