A Montana ranch that Mel Gibson owned for 17 years is for sale for $30 million. Take a look at the 12,350-acre property.

Jerritt Clark/Getty; Hall and Hall

• A ranch in Montana that was owned by Mel Gibson for 17 years has hit the market for $29.8 million, according to ranch brokerage Hall and Hall.
• The current owner is the founder of Montana Silversmiths, to whom Gibson sold the ranch in 2005 in a "handshake deal."
• Right before the sale closed, Gibson reportedly came to the ranch to thank his employees for their years of service.
• The Beartooth Ranch spans 12,350 acres of irrigated meadows, pastures, and pine foothills in southern Montana.
• The property includes two homes, extensive shops and barns, and an indoor arena.
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A Montana ranch that actor Mel Gibson owned for 17 years has hit the market for $29.8 million, ranch brokerage Hall and Hall told Business Insider.

Gibson bought the ranch in 1988 and sold it in 2005 to Kent and Pam Williams, who founded jewelry and silver company Montana Silversmiths, in a "handshake deal," The Missoulian reported at the time.

The Williams made a trip to California to visit Gibson and then made a verbal deal to buy the ranch. Right before the sale closed, Gibson reportedly came to the ranch to thank his employees for their years of service.

"Everything was on a handshake," Kent Williams said.

The Beartooth Ranch spans 12,350 acres of irrigated meadows, pastures, and pine foothills in southern Montana. Randy C. Shelton of Hall and Hall holds the listing.

Take a look at the sprawling property once owned by Gibson.