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For sale
  • $1,995,000

    138 Inverness Rd, Livingston, MT 59047

    6beds
    3,141sqft
    : 
    Single Family Residence
    Built in 2004
    20 Acres Lot
    $1,862,600 Zestimate®
    $635/sqft
    $-- HOA

    What's special

    Modern finishesBreathtaking absaroka mountain viewsHorse propertyFresh carpet runs throughoutWide-open acreageOutdoor kitchenPatio with a pergola
    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.
    85 days
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    1,091
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    40
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    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 08:11am

    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/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: $935,078
      • Annual tax amount: $3,373
      • Date on market: 1/17/2026
      • Cumulative days on market: 86 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
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        Estimated market value

        $1,862,600

        $1.77M - $1.96M

        $4,171/mo

        Price history

        Price history
        DateEventPrice
        1/17/2026Listed for sale$1,995,000$635/sqft
        Source: Big Sky Country MLS #408009 Report a problem
        12/18/2025Listing removed$1,995,000$635/sqft
        Source: Engel & Volkers #404995 Report a problem
        8/8/2025Listed for sale$1,995,000+166%$635/sqft
        Source: Big Sky Country MLS #404804 Report a problem
        7/6/2021Listing removed--
        Source: Engel & Volkers Report a problem
        7/4/2021Price change$750,000-6.2%$239/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        6/25/2021Pending sale$799,900$255/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        6/18/2021Listed for sale$799,900$255/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        6/8/2021Pending sale$799,900$255/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        6/2/2021Price change$799,900-3%$255/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        5/26/2021Price change$825,000-6.2%$263/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        5/12/2021Listed for sale$879,900+110%$280/sqft
        Source: Big Sky Country MLS #357611 Report a problem
        7/13/2018Sold--
        Source: Agent Provided Report a problem
        6/13/2018Pending sale$419,000$133/sqft
        Source: ERA Landmark Western Land #316013 Report a problem
        6/4/2018Price change$419,000-2.3%$133/sqft
        Source: ERA Landmark Western Land #316013 Report a problem
        3/16/2018Listed for sale$429,000$137/sqft
        Source: ERA Landmark Western Land #316013 Report a problem
        9/29/2009Sold--
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,073 +24.6%$935,078 +63.2%
        2024$2,466 +4.8%$572,987
        2023$2,353 +24.8%$572,987 +61.4%
        2022$1,885 +1.1%$354,958
        2021$1,865 +0.4%$354,958 +13%
        2020$1,857 -4.3%$313,999
        2019$1,941 -1.7%$313,999 +8.9%
        2018$1,975 +9.2%$288,397 +9.1%
        2017$1,808 +19.1%$264,287 +17.4%
        2016$1,517 +11.6%$225,121
        2015$1,360 -12.7%$225,121 +62.9%
        2014$1,557 -0.5%$138,235 +2.9%
        2013$1,566 +1.7%$134,324 +3.3%
        2012$1,540 $130,007
        2011-- --
        2010-- --
        2009-- --
        2008-- $175,518 +6%
        2007-- $165,598 +2.4%
        2006-- $161,668

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $11,236/mo
        Principal & interest
        $10288
        Property taxes
        $948
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