The Ultimate Montana Dream — Two Newer Homes, Horse Property, and Unmatched Absaroka Views
If you’ve been searching for the perfect Montana retreat — breathtaking mountain views, wide-open acreage, income potential, and unmatched access to the outdoors — this 20-acre property delivers it all. With two newer homes, no zoning, legal short-term rental approval, and 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 floor-to-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 long-term 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.
For sale
$1,995,000
138 Inverness Rd, Livingston, MT 59047
6beds
4baths
--sqft
Est.:
Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesSweeping absaroka range viewsUnobstructed mountain viewsRemodeled kitchenFresh carpetNew appliancesHot tub area
- 15 hours
- on Zillow |
- 104 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: 22 hours ago
Listed by:
Courtney King 406-581-4078,
Engel & Volkers - Bozeman
Source: Big Sky Country MLS,MLS#: 404804Originating MLS: Big Sky Country MLS
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
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, Primary Downstairs
- Flooring: Partially Carpeted, Tile
- Windows: Window Coverings
- Basement: Bedroom,Egress Windows,Kitchen,Rec/Family Area,Bath/Stubbed
- Has fireplace: Yes
- Fireplace features: Basement, Wood Burning Stove
Interior area
- Finished area above ground: 0
Property
Parking
- Details: 4+ Spaces/Unit
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
Details
- Additional structures: Stable(s), Shed(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: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Shingle
Condition
- 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
- Tax assessed value: $572,987
- Annual tax amount: $2,741
- Date on market: 8/8/2025
- Listing terms: Cash,1031 Exchange,3rd Party Financing
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