Two Newer Homes... Each with 3 bedrooms and 2 baths. A Montana retreat — breathtaking Absaroka Mountain Views, wide-open acreage, Horse Property, income potential, and public
land access— this 20-acre property delivers it all. With two newer homes, no zoning, one has been a legal short-term rental and the other could also
have the possibility which is great with the new 100% bonus depreciation added in 2025! With a location just across from 360 acres of state land for
hunting, this is a rare opportunity to own a true Montana legacy property. Situated between the north entrance of Yellowstone National Park,
downtown artsy Livingston, and the legendary Yellowstone River, you’ll be surrounded by endless recreation and scenery. The seller has literally
stepped out of work calls to retrieve an elk from across the street — that’s how close the wildlife is here. 138 Inverness This A-frame style home was
designed to capture sweeping Absaroka Range views through its dramatic wall of windows. Inside, you’ll find a cozy great room anchored by a floorto-ceiling fireplace with a woodstove insert. The remodeled kitchen features new appliances and countertops, while fresh carpet runs throughout. The
single bath was thoughtfully reconfigured to create a beautiful primary ensuite. One front bedroom offers flexible use without a closet, while the
second serves as a charming bunkroom. Step outside to a patio with a pergola, an outdoor kitchen, and a hot tub area — perfect for evenings under
the stars. The property also includes a small horse stable/tack area and a 1-car garage. 8 Black Hawk Positioned at the corner of the acreage, this
single-level home was newly built and offers 3 bedrooms, 2 baths, and modern finishes. Currently rented to a longterm tenant, it provides immediate
income potential. A shed adds extra storage for your gear. Why You’ll Love It Here • 20 acres fenced for horses • Legal short-term rental and income
from both homes • Directly across from state land for hunting and recreation • Unobstructed mountain views in every direction • Easy access to
Yellowstone National Park, Livingston’s art scene, and the Yellowstone River This property blends the best of Montana’s rugged beauty with income
opportunities and multigenerational living potential. Whether you envision a family compound, a hunting basecamp, or an investment with built-in
tenants, this is a chance to make the Montana dream your reality. Priced at the recent appraisal value.
For sale
$1,995,000
138 Inverness Rd, Livingston, MT 59047
6beds
3,141sqft
Est.:
Single Family Residence
Built in 2004
20 Acres Lot
$-- Zestimate®
$635/sqft
$-- HOA
What's special
Modern finishesBreathtaking absaroka mountain viewsHorse propertyFresh carpet runs throughoutWide-open acreageOutdoor kitchenPatio with a pergola
- 6 days |
- 1,128 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: January 19, 2026 at 01:21pm
Listed by:
Courtney King 406-581-4078,
Engel & Volkers - Bozeman
Source: Big Sky Country MLS,MLS#: 408009Originating MLS: Big Sky Country MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Dining Room, Kitchen, Laundry, Living Room
Heating
- Forced Air, Natural Gas, Radiant Floor
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: In Basement
Features
- Vaulted Ceiling(s), Walk-In Closet(s), Wood Burning Stove, Window Treatments
- Flooring: Other, Partially Carpeted, Tile
- Windows: Window Coverings
- Basement: Egress Windows,Kitchen,Rec/Family Area
- Has fireplace: Yes
- Fireplace features: Basement, Wood Burning Stove
Interior area
- Total structure area: 3,141
- Total interior livable area: 3,141 sqft
- Finished area above ground: 3,141
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Fencing: Partial
- Has view: Yes
- View description: Farmland, Meadow, Mountain(s), Southern Exposure, Valley
Lot
- Size: 20 Acres
- Features: Adjacent To Public Land
Details
- Additional structures: Guest House, Stable(s)
- Additional parcels included: Tract M of 1/2NE1/4SE1/4T4SR9ES31
- Parcel number: 0003028570
- Zoning description: NONE - None/Unknown
- Special conditions: None
- Horse amenities: Stable(s), Tack Room
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Lap Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Certificate Of Survey COS
HOA
- Has HOA: No
Location
- Region: Livingston
Financial & listing details
- Price per square foot: $635/sqft
- Tax assessed value: $572,987
- Annual tax amount: $3,373
- Date on market: 1/17/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Exclusions: Hot tub, Washer/Dryer
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2026 | Listed for sale | $1,995,000$635/sqft |
Source: Big Sky Country MLS #408009 Report a problem | ||
| 12/18/2025 | Listing removed | $1,995,000$635/sqft |
Source: | ||
| 8/8/2025 | Listed for sale | $1,995,000+166%$635/sqft |
Source: Big Sky Country MLS #404804 Report a problem | ||
| 7/6/2021 | Listing removed | -- |
Source: | ||
| 7/4/2021 | Price change | $750,000-6.2%$239/sqft |
Source: Big Sky Country MLS #357611 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,466 +4.8% | $572,987 |
| 2023 | $2,353 +24.8% | $572,987 +61.4% |
| 2022 | $1,885 +1.1% | $354,958 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,382/mo
Principal & interest
$7736
Property taxes
$948
Home insurance
$698
Climate risks
Neighborhood: 59047
Nearby schools
GreatSchools rating
- NAArrowhead SchoolGrades: PK-6Distance: 3.5 mi
- NAArrowhead 7-8Grades: 7-8Distance: 3.5 mi
- 5/10Park High SchoolGrades: 9-12Distance: 15.5 mi





