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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 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.
#404995

Livingston

138 Inverness

3 Beds

2 Baths

1,656 Sq.Ft.

$1,995,000

MLS#: 404995

This one-of-a-kind Montana property delivers on every level—starting with a newly built home (2023) located at the base of a breathtaking 163+-acre parcel where Billman Creek meanders nearby. With no covenants or restrictions, the land offers endless opportunities for recreation, hobby farming, or building a legacy estate. The approximately 1,992 sq ft residence blends elegant rustic charm with modern upgrades. Inside, you’ll find an open-concept kitchen and living area with brand new countertops, fresh interior paint, central A/C, a wood-burning stove, and durable LVP flooring throughout. The flexible layout includes 3 bedrooms, 2 bathrooms, a loft, and a second-floor office, plus covered front and back decks that invite year-round outdoor enjoyment. Surrounding the home is a raw and remarkable landscape featuring water, trees, open meadows, lush grasslands, and varied topography. A registered year-round spring and a seasonal creek provide vital water sources for the abundant wildlife— elk, whitetail and mule deer, moose, bear, and upland game birds all frequent the area. The property is fully fenced and includes multiple private build sites, adding to its long-term value and flexibility. Located just 7 miles from Livingston and 16 miles from Bozeman, with easy access to I-90 and Highway 10, this peaceful and accessible setting is a rare find. Whether you're seeking a retreat, a full-time residence, or a long-term investment, this property offers space, beauty, and unmatched potential. House and garage can be sold separately. Please inquire with the listing agents. Scroll through the photos and imagine what life could look like on this extraordinary piece of Montana.
#403098

Livingston

730 US Highway 10 W

3 Beds

2 Baths

1,992 Sq.Ft.

$1,995,000

MLS#: 403098

Welcome to 85 Wavy Leaf, a stunning home in Bridger Lake Meadows that perfectly captures the essence of Montana living. Set on 1.188 acres of thoughtfully landscaped grounds, this property offers sweeping Bridger Mountain views and a peaceful, private setting. The open-concept main living area is designed for gathering, with plenty of room for a large dining table and seamless indoor/outdoor flow through sliding patio doors. Just off the main living space, the master suite features a tiled bathroom and spacious walk-in closet for comfort and convenience. An additional bonus room on the first floor provides flexible use as an office, guest room, or multipurpose space. Upstairs, two generously sized bedrooms share a full bathroom, creating an ideal layout for family or guests. Throughout the home, thoughtful finishes and a well-designed floor plan strike the perfect balance between style and functionality. The property also includes a spacious 3-car garage—perfect for vehicles, gear, or extra storage—while the expansive outdoor areas invite relaxation, entertaining, and enjoyment of the surrounding scenery. The Bridger Lake Meadows Experience This exceptional subdivision is designed for those seeking peace and tranquility, with abundant wildlife viewing, miles of private trails, and fabulous fishing opportunities. Stroll down to the famed East Gallatin River, where large ranches in conservation border the subdivision to the east and south. A 25+ acre private nature preserve along the East Gallatin River provides residents with exclusive fishing access and maintained trails for exploration and active living. Blending timeless design with a serene backdrop featuring two ponds and a nature park, this home offers the ideal Montana retreat where luxury meets the great outdoors.
#405859

Bozeman

85 Wavy Leaf Way

4 Beds

2 Baths

3,036 Sq.Ft.

$1,990,000

MLS#: 405859

Bonanza! Live the dream on your own piece of Paradise Valley Montana! Purchase this Multi-Family, Multi-Generational, or shared ownership property in Paradise Valley, on 20 acres with development opportunity, with cinema quality vistas, and live the outdoor recreational enthusiast lifestyle. This property is perfect for an extended family or large family vacation get-away in one of the most sought after destinations in Montana. If hunting, fishing, hiking, boating, skiing, horseback riding, are of interest, this is a must see in person property. Development Opportunity! If you would like to build more homes, the deed and covenants allow an additional residence and two guest homes. There is a fishing/boating easement to access the Yellowstone River. Yellowstone National Park is 30 miles south, while Livingston is 30 miles north. Bridger Bowl ski hill is 57miles away. Mission Field Airport is 37 miles away. Daily Lake is 8miles away. 2 natural hot springs are also in the county for public use. Light Covenants exist, currently no HOA. Bring your animals! There is a fenced corral area with storage/horse sheds. The 4144 sq. ft. Main Home has 2 kitchens, 6 bedrooms, 2 living rooms, a family room, 2 laundry rooms, with 4 bathrooms for Multi-Generational living, Vacation Rental, Staff Housing or a 1031 Investment Property. There are 3 covered log themed porches. The enclosed large fenced area around the home has an above ground pool with a large attached deck for outdoor activities and there are many children amusements as well. Enjoy the metal frame/metal truss, metal sided substructure with additional wood sided exterior, adding to the insulation factor of the double insulated exterior walls. The metal roof is designed to withstand strong winds. An 80 Gallon indirect water heater is attached to an oversized boiler with 4 heating zones. The home is designed for heating efficiency. A 520sqft completely independent caretakers/guest quarters built in 2022 is attached to the three car garage and has an enclosed insulated hot tub room. Use your own mini bulldozer (included in sale) for winter plowing for the long private driveway that comes with the multi-view hidden gem nestled in the foothills. Note the photo reel showing elk visiting the property (2025). Small public K-8 country school minutes away. Schedule a showing today! (Horses not include in the sale of the property.) Duplex Apartment ADU Multi-Family
#401081

Pray

682 East River Road

6 Beds

2 Baths

4,144 Sq.Ft.

$1,990,000

MLS#: 401081

Bonanza! Live the dream on your own piece of Paradise Valley Montana! Purchase this Multi-Family, Multi-Generational, or shared ownership property in Paradise Valley, on 20 acres with development opportunity, with cinema quality vistas, and live the outdoor recreational enthusiast lifestyle. This property is perfect for an extended family or large family vacation get-away with many amenities in one of the most sought after destinations in Montana. If hunting, fishing, hiking, boating, skiing, horseback riding, are of interest, this is a must see in person property. Development Opportunity! If you would like to build more homes, the deed and covenants allow an additional residence and two guest homes. There is a fishing/boating easement to access the Yellowstone River. Yellowstone National Park is 30 miles south, while Livingston is 30 miles north. Bridger Bowl ski hill is 57miles away. Mission Field Airport is 37 miles away. Daily Lake is 8miles away. 2 natural hot springs are also in the county for public use. Light Covenants exist, currently no HOA. Bring your animals! There is a fenced corral area with storage/horse sheds. The 4144 sq. ft. Main Home has 2 kitchens, 6 bedrooms, 2 living rooms, a family room, 2 laundry rooms, with 4 bathrooms for Multi-Generational living, Vacation Rental, Staff Housing or a 1031 Investment Property. There are 3 covered log themed porches. The enclosed large fenced area around the home has an above ground pool with a large attached deck for outdoor activities and there are many children amusements as well. Enjoy the metal frame/metal truss, metal sided substructure with additional wood sided exterior, adding to the insulation factor of the double insulated exterior walls. The metal roof is designed to withstand strong winds. An 80 Gallon indirect water heater is attached to an oversized boiler with 4 heating zones. The home is designed for heating efficiency. A 520sqft completely independent caretakers/guest quarters built in 2022 is attached to the three car garage and has an enclosed insulated hot tub room. Use your own mini bulldozer (included in sale) for winter plowing for the long private driveway that comes with the multi-view hidden gem nestled in the foothills. Note the photo reel showing elk visiting the property (2025). Small public K-8 country school minutes away. Schedule a showing today! (Horses not include in the sale of the property.) Duplex Apartment ADU Multi-Family
#401207

Pray

682 East River Road

None Beds

None Baths

N/A

$1,990,000

MLS#: 401207

Discover your mountain oasis in Bozeman, MT. Just minutes from world class skiing, biking and hiking, this spacious and quality custom home puts you in the perfect place to enjoy all Montana has to offer. Nestled on just over 4 picturesque acres in the heart of Bridger Canyon and boasting breathtaking mountain views, this property offers the perfect blend of tranquility and convenience, with easy access to recreation and 15 minutes to vibrant downtown Bozeman. The expansive layout provides ample room for entertaining and relaxation, allowing you to customize the space to fit your lifestyle. Imagine cozy evenings by the wood burning fireplace or hosting summer barbecues while soaking in the stunning scenery. Enjoy main level living, with a sprawling primary suite on the main floor. The basement features an expansive, walk-out den complete with beautiful built-ins and a new efficient wood burning stove. The lower level accommodates recreation, media, home office or guests. With plenty of outdoor space, this property invites you to explore and enjoy the natural beauty of Bridger Canyon. Whether you’re an outdoor enthusiast or simply seeking a peaceful retreat, this home presents incredible opportunities to make it your own. Don’t miss your chance to own a slice of paradise in one of Bozeman's most sought-after locations.
#403222

Bozeman

10423 Bridger Canyon Road

4 Beds

3 Baths

4,892 Sq.Ft.

$1,980,000

MLS#: 403222

Charm for days. A remarkable opportunity to own a beautiful and meticulously maintained property. This 10-unit motel consists of 5 units up front then 5 individual cabin units on the back side. There are 5 kitchenette units and 5 units with fireplaces. The property also has a 2000 sq ft home that houses the motel office and can serve as owners/managers quarters A prime location just a few blocks drive to the West Entrance of Yellowstone National Park. Conveniently located on highway 20, which leads through town. Offering lodging with individuality and character that combines the rugged feel of Yellowstone with modern day conveniences. The units have been extremely well maintained with updated flooring and tile work in all the bathrooms. Only minutes away from all of the stores, outfitters and fly shops in West Yellowstone. With significant return business and the authentic feel of the units, this property rarely has vacancies. Currently the property operates from Mid-May to the 1st of October only. The property is sold inclusive of all furniture, appliances, and fixtures. A turnkey business ready for the new owner to add their unique touch and welcome guests.
#405089

West Yellowstone

601 Highway Avenue

None Beds

None Baths

5,582 Sq.Ft.

$1,975,000

MLS#: 405089

Interested parties are welcome to view and traverse the NW corner of the property via access on the lightly maintained county road called Horseshoe Cottonwood Rd.. Horseshoe Gulch Rd. heads south off of Horseshoe Cottonwood Rd. immediately upon entering the western edge of the property, it then travels south and dead ends at the Gallatin River Ranch's locked gate. Both are lightly traveled county roads and have little impact on the property. There is no public access through Gallatin River Ranch! You must also stay on these two county roads while on the property if you choose to view it before a scheduled showing. This is a well-blocked and beautifully elevated property with expansive views of the area, varying topography, lots of wildlife and exceptional hunting. It also borders a section of State ground on the SW corner. Properties in this price range with these attributes are extremely rare in Gallatin County these days. There is a current appraisal substantiating the value! With proximity to the small Western town of Manhattan, all amenities are available. Excellent big game hunting for elk, numerous antelope, and mule deer! FWP estimates that there is a resident elk herd numbering approximately 750 in the Horseshoe Hills with excellent herd genetics, 400 class bulls, and a good bull-to-cow ratio, plus numerous other species of wildlife! Enjoy the limitless views of four different mountain ranges and vast expanses of Gallatin County. You truly are on the "Top of the Valley"! This is a must-see property in this price range! Both of these county roads are lightly maintained, with seasonal access making travel in heavy rainfall or snowfall quite difficult. Building a deluxe cabin for your enjoyment is the most logical scenario, or just enjoy this wonderful property with motorized travel or on foot. Lots of two-track roads and trails traverse the property, so bring your cross-country skis, snowmobiles, ATVs, Side by Sides, or your 4x4 vehicle and access the whole property, or bring your horses for a beautiful ride. This property sits above the deluxe Gallatin River Ranch, featuring its quality Equestrian Center and public boarding facilities. This facility has everything you need for the type of horses you enjoy. The wildflowers, wildlife, views, privacy, and proximity to the wonderful small western town of Manhattan make this property special. Bring your family and friends! This is a blank canvas where one can create their own Montana Dream Property!
#402123

Manhattan

TBD NE Horseshoe Gulch Road Road N

None Beds

None Baths

1138.0 acres

$1,975,000

MLS#: 402123

Yellowstone Reserve Commercial Park is Livingston's newest commercial subdivision, located just at the Eastern edge of the Livingston city limits at the Exit 337 Interchange of Interstate 90. This commercial park abuts Interstate 90 on the south, and Highway 89 on the north for maximum visibility and easy access from the Interstate and Livingston. Lot sizes range from ~2.5 acres to ~5.9 acres to allow for a variety of commercial uses. Three phase power available to lot. Lot 1 is at the NE corner of the development, just next to the westbound on ramp and is 2.508 acres. Final plat estimated to be Spring 2026.
#405069

Livingston

Lot 1 Yellowstone Reserve Way

None Beds

None Baths

2.508 acres

$1,966,473

MLS#: 405069

Charming Historic Home in Cooper Park District with ADU Potential Step into timeless elegance with this award-winning historic home located in the heart of the Cooper Park Historic District. Recipient of the Historic Preservation Award in 2004, this beautifully maintained residence seamlessly blends vintage character with modern comfort. The main home showcases exquisite period details including leaded glass windows, ornate hardware and trim, and gleaming hardwood floors throughout. The spacious main level features two inviting living areas, a formal dining room, sun-drenched sunroom with dual glass doors to the backyard, and a bright kitchen complete with a walk-in pantry. A primary suite on the main floor offers convenience and privacy. Upstairs, you'll find a second primary suite with a private balcony overlooking the lush, treed backyard, two additional bedrooms and bathrooms, and a flexible office/den space ideal for working from home. The fully fenced backyard is a private oasis featuring a flagstone patio, mature trees, berry bushes, vibrant perennials that bloom throughout the season—and even a chicken coop! A detached two-car heated, insulated garage/carriage house offers excellent ADU potential with space above ready to be reimagined. All of this in a prime location near MSU, Cooper Park, schools, a variety of local restaurants and shops. Don't miss the chance to own a piece of Bozeman’s rich history!
#405461

Bozeman

507 S 8th Avenue

5 Beds

1 Baths

4,080 Sq.Ft.

$1,950,000

MLS#: 405461

28+ acres in The Homestead offers a rare opportunity to build a legacy property within 3 miles of historic downtown Bozeman. This lot is one of only 17 exclusive lots positioned on 320 acres in the coveted Bridger Foothills and is accessed by a private drive and entry. This parcel includes a live mountain creek attracting the sights and sounds of a Montana dream home. Situated to the West of the base of the Bridger Mountains in this planned luxury development, lots in The Homestead provide protected 360-degree panoramic views and private, peaceful living with proximity to downtown and Bridger Bowl Ski area. Covenants allow for one single family residence, one guest house, and one accessory building on this spectacular property.
#403047

Bozeman

TBD Valley Ridge Road

None Beds

None Baths

28.1 acres

$1,950,000

MLS#: 403047

Welcome to your perfect Montana retreat! This 4-bedroom, 3-bathroom home offers 3,200 sq. ft. of thoughtfully designed living space. Originally built in 1984, the property has been professionally remodeled throughout, giving it the feel of a brand-new home while maintaining timeless character. Set on 10 private acres, this property is ideal for those who value both comfort and country living. The home features spacious living areas, modern finishes, and even a private sauna for relaxation. Outdoors, you'll find everything you need for a self-sufficient lifestyle or simply to enjoy wide-open spaces. Highlights include a fully fenced fruit orchard, a fenced greenhouse and garden area, a chicken coop, and a 4-bay shop with cement floors— perfect for storage, projects, or equipment. This property truly offers it all: space, beauty, functionality, and modern updates. Whether you're looking for a family home, hobby farm, or peaceful getaway, this one checks every box.
#405636

Manhattan

3185 W Cedar Meadows

4 Beds

3 Baths

3,208 Sq.Ft.

$1,950,000

MLS#: 405636

Montana Living for the Whole Family – A Multigenerational Retreat on 85+ Acres A one-of-a-kind Montana estate designed to bring generations together in comfort, adventure, and independence. Nestled in the Duck Creek area near Townsend and Canyon Ferry Lake, this nearly 85-acre property offers the perfect blend of privacy, space, and versatility for extended generations looking to live, work, and play under one expansive Big Sky. Crafted from massive custom logs—set by helicopter—this rugged home delivers the timeless beauty of Montana craftsmanship with the modern infrastructure to support multiple households. The main level features a spacious primary suite with a loft, a large guest room, and additional loft space perfect for grandchildren, guests, or a home office. The walk-out lower level can easily convert into a full three-bedroom apartment, ideal for in-laws, adult children, or visiting family and friends. Need even more room? A separate guest apartment is tucked privately behind the oversized six-car garage—perfect for grandparents, caregivers, or older kids seeking some independence while staying close to home. There’s even a dedicated gun safe room for secure storage, or it could be repurposed as a wine cellar or bar. Step outside into adventure—bordering 636 acres of state land at the base of the Belt Mountains in Hunting District 391, with BLM and National Forest access nearby, this is a dream setting for outdoor lovers of all ages. Ride, hike, or explore directly from your doorstep. Spend your summers fishing or boating on nearby Canyon Ferry Lake, and winter evenings around the firepit, hot tub, or by the spring-fed pond, making memories that span generations. Whether you’re looking to bring family closer together, host holiday gatherings, or simply live in a place where everyone has space to thrive, this multigenerational retreat is a rare opportunity to create a legacy in the heart of Montana.
#401882

Townsend

285 Lost Trail

4 Beds

3 Baths

5,220 Sq.Ft.

$1,950,000

MLS#: 401882

Exceptional 203.31± acre offering in McAllister, Montana, bordering State of Montana land at the far north end of the Madison Valley. This property combines irrigated hay ground, prime homesites, and panoramic views for a truly rare opportunity. Approximately 55± acres are under pivot irrigation with water rights, providing excellent hay production or grazing capacity. The balance of the land offers elevated building sites that encompass a variety of terrain and commanding 360° views of Ennis Lake, the Madison Range including Lone Peak, and the Tobacco Root Mountains. Five homesites are approved, each with incredible vistas of the valley and surrounding mountains. Well-suited for a gentleman’s or horse ranch, the property offers agricultural utility and recreational opportunity. It borders state land and includes a walking easement to BLM, ensuring direct access to hundreds of acres of public land. Located less than an hour from Bozeman, this property combines privacy, productivity, and unmatched views in one legacy holding.
#406111

McAllister

Lots 4, 5, 6, 7, and 8 Twin Knob

None Beds

None Baths

203.31 acres

$1,950,000

MLS#: 406111

Custom 5-Bedroom Home on 31.53 Acres – Overlooking Maude S Canyon & Highland Mountains | Butte, MT ?? Seller Financing Available ?? This is a rare opportunity to own 31.53 private acres with unmatched views of Maude S Canyon and the Highland Mountains, located just minutes from downtown Butte. Currently under construction, this 4,400 sq ft custom home is your chance to live in the heart of Montana with the ability to select your own finishes and make it truly your own. The spacious layout includes 5 bedrooms, 3 bathrooms, two master suites, an oversized 3-car garage, and a walk-out basement, offering flexible living for families, guests, or multi-generational needs. Expansive windows and an open floor plan bring the outdoors in, filling the home with natural light and panoramic views. Property Highlights: 4,400 Sq Ft | 5 Bedrooms | 3 Bathrooms Two Master Suites Walk-Out Basement 31.53 Acres – wooded, private, and serene Overlooks Maude S Canyon & Highland Mountains Home under construction – pick your final finishes Oversized 3-car garage Seller financing available – flexible terms for qualified buyers Close to the airport, downtown Butte, and outdoor recreation Whether you're looking for a peaceful mountain retreat, investment opportunity, or forever home—this property offers space, flexibility, and financing options to help you make it yours. Contact today for more details or to schedule a private tour!
#391627

Butte

1035 Shorty Way

5 Beds

3 Baths

4,400 Sq.Ft.

$1,950,000

MLS#: 391627

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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