PRICED BELOW PRE-LISTING APPRAISAL VALUE! Seller is motivated. *Expansive Income Opportunity or Multi-Generational Living with a primary home and 2 additional living units on 11+ Acres in Helena, Montana*
This exceptional 11+ acre estate offers not just one, but three separate living spaces, providing a cozy and comfortable retreat for guests with an incredible income opportunity or additional room for family and friends. BE SURE TO KEEP READING FOR FIRST YEAR INCOME DETAILS BELOW! Nestled in a serene location with stunning lake, river and mountain views, this property combines comfort, beauty and versatility. With ample recreational activities nearby, this is the perfect retreat for those looking to enjoy the outdoors while maintaining convenient access to modern amenities. See more.... Main Home (Ranch Style)
Size:
1,920 sq. ft.
Layout:
3 bedrooms, 3 full bathrooms, plus a bonus room (ideal for an office, craft space or media room)
Features:
-Open-concept living with large windows to maximize views
-Central air, propane heating
-Expansive covered deck overlooking the scenic property
-Heated 40 x 36 garage with workshop space and ample parking
-Breathtaking views of the lake, river and surrounding mountains.
Living Unit #1
1. The Pavilion Retreat
Size: 900 sq. ft.
Layout: Studio-style living
Features:
Acid-stained concrete floors and tasteful furnishings.
Covered patio with built-in propane BBQ for outdoor cooking and relaxation.
A tranquil mountain retreat with strong Airbnb rental history.
** Income Potential: This unit has already proven successful as a short-term rental in its first year. Airbnb gross earnings for just
the Pavilion Retreat from July 1, 2023 to Oct. 11, 2024 were $32,761.31. Even more income opportunity was available, but
seller has been very selective and chose to turn down large group occupant requests and blocked off some dates to
accommodate family and friend visits during holidays.
2. Living Unit #2
The Cottage Bungalow
Size: approx. 1,100 sq. ft. (under construction)
Layout: 2 bedrooms (with walk-in closet), 2 bathrooms
Nearing completion: Owner to continue construction until an accepted offer, with the remaining work
negotiable.
Parking: Ample parking space for both living units, plus a shared playground and horseshoe pit.
Additional Property Features:
Outdoor Amenities:
Custom chicken coop with a kennel run
Fenced garden area with water hydrants
Custom-built storage shed
Utilities:
- Separate meter and septic system for the living units.
- 50 gpm shared well with a 3-phase, multi-speed well pump (agreement in place).
Technology: Security cameras and Starlink internet equipment (buyer to activate).
Location & Lifestyle:
Situated on a quiet, dead-end road, this 11 acre property offers room to grow and is surrounded by recreational opportunities such as fishing, boating, swimming, hunting, and hiking. Nearby attractions include Hauser Lake, the Missouri River, Canyon Ferry Lake and various National Forest and state lands. Helena, Montana, is just a short drive away, offering rodeos, fairs, music festivals, shopping, dining and a vibrant, community-oriented lifestyle.
Active
Price cut: $17K (5/31)
$1,199,000
4020 Osprey Ridge Dr, Helena, MT 59602
3beds
1,920sqft
Est.:
Single Family Residence
Built in 2017
11.08 Acres Lot
$-- Zestimate®
$624/sqft
$-- HOA
What's special
Custom chicken coopBreathtaking viewsExpansive covered deckFenced garden areaCovered patioOpen-concept livingBuilt-in propane bbq
- 356 days
- on Zillow |
- 843 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 09:14am
Listed by:
Cheryl Shepard-Morse 406-431-6553,
Bahny Realty
Source: MRMLS,MLS#: 30028428

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Range, Refrigerator, Washer
- Laundry: Washer Hookup
Features
- Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Additional Living Quarters
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total interior livable area: 1,920 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Additional Parking, Garage, Garage Door Opener, Heated Garage, RV Access/Parking, Shared Driveway
- Garage spaces: 3
Features
- Levels: One
- Patio & porch: Covered, Deck, Enclosed
- Exterior features: Fire Pit, Playground, Propane Tank - Leased
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: true
Lot
- Size: 11.08 Acres
- Features: Views
Details
- Additional structures: Poultry Coop, Shed(s)
- Parcel number: 05189005401170000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Shared Well
- Utilities for property: Electricity Connected, Propane
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Helena
Financial & listing details
- Price per square foot: $624/sqft
- Tax assessed value: $705,800
- Annual tax amount: $5,724
- Date on market: 7/2/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Gravel
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