Montana 1889

Montana 1889 is a Black Marlin Group–sponsored U.S. development vehicle established to execute an ultra-luxury residential opportunity within one of Discovery Land Company’s most exclusive private communities. Located in Montana, the project focuses on the development and sale of a limited collection of architecturally refined residences designed to meet the standards, lifestyle, and buyer demand characteristic of Discovery Land.

Overview

Montana 1889 – Territory 1889 represents a focused ultra-luxury residential development opportunity within a highly controlled private community developed by Discovery Land Company. The project is structured around the construction and sale of a limited number of bespoke single-family residences, each designed to align with the architectural standards, lifestyle expectations, and buyer profile characteristic of Discovery Land communities. Located in Montana, Territory 1889 offers a rare combination of privacy, natural landscape, and long-term scarcity within a supply-constrained luxury market.

The development strategy emphasizes disciplined execution, cost-controlled construction, and direct alignment with Discovery Land’s design, approval, and sales processes. By operating within a community that restricts speculative land holding and mandates timely construction by approved builders, the project benefits from protected asset values, controlled absorption, and an established base of qualified buyers seeking turnkey residences rather than vacant lots.

This private offering reflects Black Marlin Group’s continued focus on selectively deploying capital into high-barrier residential opportunities where institutional structure, sponsor alignment, and market fundamentals support long-term value creation. Montana 1889 is positioned as a purpose-built vehicle designed to execute a clearly defined development scope within one of the most exclusive private residential environments in the United States.

Terms

Market

Montana, U.S.

Project Start

2026

Property Type

Spec Homes

Residences

4

Est. Home Sale Price

~$11M

Avg. Home Size

~5,500 SF

Total Investor Capital

$10M

Target IRR

24%

Status

Coming Soon, Invite Only

Property

Located within Territory 1889, a private residential community developed by Discovery Land Company in Montana, the project sits within a highly preserved natural setting defined by expansive landscapes, controlled density, and long-term land stewardship. The community is designed to deliver an elevated residential experience centered on privacy, architectural integrity, and seamless integration with the surrounding environment. Development standards prioritize quality, longevity, and alignment with Discovery Land’s established lifestyle and design principles.


Key features include:

  • Private Community Framework: Gated, low-density private community with controlled access and strict architectural guidelines.
  • Lifestyle & Amenities: Members-only club amenities, wellness-focused recreational spaces, outdoor gathering areas, and access to curated experiences consistent with Discovery Land communities.
  • Recreation & Environment: Trail systems, open space preservation, and outdoor recreation integrated into the natural topography, emphasizing year-round use and environmental sensitivity.
  • Design & Architecture: Custom single-family residences designed to meet Discovery Land architectural standards, emphasizing natural materials, refined detailing, and landscape-driven siting.
  • Land Stewardship: Long-term conservation approach with development controls that protect viewsheds, privacy corridors, and overall community character

Design Theme: Contemporary Mountain — clean architectural lines blended with natural materials, restrained palettes, and site-responsive design that prioritizes views, light, and connection to the surrounding landscape.

Why Flathead Lake?

Montana has emerged as one of the most sought-after luxury residential markets in the United States, driven by long-term demographic shifts, lifestyle migration, and a growing preference for privacy, natural access, and low-density living. Within the state, Flathead Lake stands apart as one of the most exclusive and supply-constrained destinations, attracting high-net-worth buyers seeking a balance of accessibility and seclusion.

Flathead Lake stands apart for its scale, preservation, and limited developable shoreline. As the largest natural freshwater lake west of the Mississippi, it offers a rare combination of expansive views, protected land use, and established demand for high-end residential properties. Despite its national recognition, development remains highly controlled, creating long-term scarcity and value protection.

Key Highlights:

  • Limited Supply: Strict zoning, environmental protections, and controlled development significantly constrain new luxury inventory.
  • Accessibility: Regional airport access via Glacier Park International Airport with direct connections to major U.S. hubs.
  • Buyer Profile: Strong demand from U.S. and international buyers seeking primary residences, second homes, and legacy assets.
  • Lifestyle Appeal: Year-round recreation including boating, fishing, hiking, skiing, and access to Glacier National Park.
  • Market Dynamics: Montana continues to benefit from inbound migration, favorable tax considerations, and sustained interest from high-net-worth individuals prioritizing privacy and quality of life.

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Leadership

The Team Guiding Every Decision

Our leadership team combines decades of experience in real estate development, finance, and project execution across the U.S. and Mexico.

Through direct co-investment, we ensure that your capital is managed with the same discipline and focus as our own.

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Heriberto Velasquez

Founding Parner / Development Chief
Alejandro Velasquez, CEO and Chariman of Black Marlin Group

Alex Velasquez

Founding Partner / Finance Chief
Yared Ceballos, CFO at Black Marlin Group

Yared Ceballos

CFO
Marco Velasquez, Director of Operations at Black Marlin Group

Marco Velasquez

Director of Operations
Daniel Mondragon, Operational Director of Development at Black Marlin Group

Daniel Mondragon

Operational Director of Development
Carlos Polhs, Vice Director of Operations at Black Marlin Group

Carlos Pohls

Vice Director of Operations
George Garza, Compliance Officer at Black Marlin Group

George Garza

Compliance Officer
Monica Campillo, Investor Relations at Black Marlin Group

Monica Campillo

Investor Relations

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