Incredible opportunity just northeast of Hamilton! This spacious 2-story single-family home offers generous square footage and unbeatable potential. Featuring 3 bedrooms, 2 bathrooms, and a full basement, the home is ready for your finishing touches. Situated on 38.88 acres of productive pastureland, the property boasts massive valley views, excellent water rights, and direct access for irrigation water from the Corvallis Canal. The land is comprised of 4 contiguous parcels, offering flexibility and value for future use or development. Outbuildings include a 30' x 40' shop and a 12' x 50' carport ideal for equipment and vehicle storage. Whether you're looking for a private retreat, horse property, or working ranch, this one has the space, infrastructure, and views to make it truly special. Don't miss this rare Montana opportunity!
Closed
Price Unknown
506 Old Corvallis Rd, Hamilton, MT 59840
3beds
2,968sqft
Single Family Residence
Built in 1994
38.88 Acres Lot
$1,196,000 Zestimate®
$--/sqft
$2,191 Estimated rent
Home value
$1,196,000
$945,000 - $1.52M
$2,191/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: January 22, 2026 at 03:30pm
Listed by:
Cheryl G Smith 406-880-6650,
ERA Lambros Real Estate Hamilton
Bought with:
Belit Bennington, RRE-RBS-LIC-108732
Cornerstone Realty
Source: MRMLS,MLS#: 30055873
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Washer Hookup
Features
- Main Level Primary
- Basement: Full,Unfinished,Walk-Up Access
- Has fireplace: No
Interior area
- Total interior livable area: 2,968 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 1
- Patio & porch: Deck, Front Porch
- Exterior features: Storage
- Fencing: Perimeter,Partial
- Has view: Yes
- Waterfront features: Seasonal, Stream, Water Access
- Body of water: Corvallis Canal
Lot
- Size: 38.88 Acres
- Features: Agricultural, Meadow, Pasture, Secluded, Views, Level
- Topography: Level
Details
- Additional structures: Other, Workshop
- Parcel number: 13146818201300000
- On leased land: Yes
- Zoning: None
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Poured
- Roof: Metal
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Hamilton
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Sold | -- |
Source:  MRMLS #30055873 Report a problem | ||
| 8/15/2025 | Listed for sale | $1,200,000$404/sqft |
Source: MRMLS #30055873 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,057 -34.5% | $307,728 +9% |
| 2024 | $1,614 +5.2% | $282,246 |
| 2023 | $1,534 +9.3% | $282,246 +30.7% |
Find assessor info on the county website
Neighborhood: 59840
Nearby schools
GreatSchools rating
- NAWashington SchoolGrades: PK-KDistance: 2.4 mi
- 4/10Hamilton Middle SchoolGrades: 5-8Distance: 2.6 mi
- 8/10Hamilton High SchoolGrades: 9-12Distance: 1.9 mi
- Montana
- Ravalli County
- Hamilton
- 59840
- 506 Old Corvallis Rd