Sphinx L4 is in a subdivision of 20+ acre lots with exclusive access to the Madison River thru a strip of BLM land. Lot 4 is one of 11 lots bordering US Hwy 287 which allow commercial use. L4 shares a drive directly from the highway with L5. This property has spectacular 360 deg. views & located in the middle of the Madison Valley with easy access to hunting, fishing, snowmobiling, trail riding, hiking & exploring in the many mountains, rivers, lakes & public lands. Has no HOA at this time, but could be set up by property owners in the future. All lots require wells & septic systems. Well depths on upper level are 230'-285', with 232' at closest house. Fiber optic cable in and power is 1,070' from the closest power pole. Covenants require minimum of 1,200 SF living space, no modular/mfg. homes & no more than 7 acres may be permanently fenced. Plans must be approved. Sphinx is just 15 miles S of Ennis & approx. 1-1/2 hours to the Bozeman AP & to Yellowstone Nat. Park. Do not drive in!