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One&Only Makes Its Long-Awaited US Debut in Big Sky, Montana

A modern alpine flagship brings One&Only’s design-driven luxury to Montana’s wildest terrain.

by Laura Ratliff  November 18, 2025
One&Only Makes Its Long-Awaited US Debut in Big Sky, Montana

Photos: Courtesy of One&Only

One&Only’s long-anticipated entry into the U.S. has arrived, and the brand didn’t choose a predictable coastline or major city for its first stateside address. Instead, it picked the alpine frontier of Big Sky, Montana, a clear move toward high-touch hospitality in destinations where landscape, privacy, and design carry equal weight. The new One&Only Moonlight Basin is now open, carved into 240 acres of forest and flanked by 17,000 acres of protected wilderness.

This is the company’s first alpine resort and its first collection of U.S. residences for sale. Designed by Tom Kundig of Olson Kundig, the property feels rooted rather than imposed—low-rise, wood-forward architecture, a deep indoor–outdoor rhythm, and spaces that frame Big Sky’s lodgepole pines and ridgelines more than any decorative gesture. Rooms and suites are spread across three lodges, while freestanding cabins, complete with soaking tubs and fire pits, offer seclusion that travelers increasingly seek.

The residential offering is another notable play: four- to six-bedroom homes with panoramic mountain views, hot tubs, fire pits, and full kitchens. They read more like contemporary mountain estates than resort annexes—positioned squarely for multi-generational trips and private-buyout-style travel that have become synonymous with the region.

Culinary programming is led by executive chef Matt Dahlkemper, with three distinct concepts: The Landing for upscale comfort cooking near the resort’s gondola; Wildwood’s ranch-to-table approach in the Main Lodge; and Akira Back’s modern Japanese restaurant, marking the chef’s Montana debut. Dear Josephine, a moody cocktail bar inspired by a local Prohibition-era bootlegger, and an intimate whiskey-and-cigar venue called Moonshack round out the F&B.

Where Moonlight Basin also distinguishes itself is in its four-season activity infrastructure. Winter brings instant lift access via the heated One&Only Gondola and an on-site Wintersteiger Jupiter ski-tuning center. Warmer months shift to fly-fishing on private lakes, guided hikes, mountain biking, horseback riding, and easy connections to Yellowstone National Park. A private observatory offers stargazing sessions, a rare, thoughtful detail.

The 17,000-square-foot spa adds a final layer of appeal with oxygen therapy, an onsen tub, cold plunge, treatments powered by Augustinus Bader, and a PEDI:MANI:CURE Studio by Bastien Gonzalez. 

With its opening timed to Big Sky’s winter season, One&Only Moonlight Basin enters the market with an offering that feels both polished and deeply place-driven—an alpine flagship that expands the brand’s global narrative into a distinctly American landscape.

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