Located in the northeast of Madison County, Montana, Pony is an unincorporated community. The town got its start during the late 19th century as a gold-mining community that was home to more than 5,000 residents. Residents of the town proclaim that it is “The Last Best Town in the Last Best Place,” located right in the shadow of the nearby Hollowtop Mountain. Though the town was once a booming mining community, today Pony is home to fewer than 100 families. Though the population in the town has dwindled, many of the original buildings from the heyday of Pony remain standing.
Pony and the greater Madison County area are rich with local history. The town of Pony is officially listed as a ghost town where visitors from all over the country come to experience the history of an old mining town or simply to take in the beautiful scenery of Montana.