55Photos

Let me show you this listing!

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.

• Acres
  20
• Days on Market
  19

Additional Features

• Appliances
  Dishwasher, Disposal, Microwave, Range, Refrigerator
• Basement
  Bedroom, Egress Windows, Kitchen, Rec Family Area, Bath Stubbed
• City
  Livingston
• Construction Materials
  Lap Siding
• Contract Status Change Date
  2025-08-08
• Cooling
  Central Air
• Cooling
  Yes
• Cumulative Days On Market
  5
• Directions
  Take 89 S for 13 miles, turn rt on Caledonia at long row of mailboxes, turn left on Bonnie Way that turns into Glengarry Road, left onto Inverness. Dont stay on Caledonia.
• Documents Count
  1
• Fencing
  Partial
• Fireplace Features
  Basement, Wood Burning Stove
• Fireplace
  Yes
• Flooring
  Partially Carpeted, Tile
• Heating
  Forced Air, Natural Gas, Radiant Floor
• Heating
  Yes
• Interior Features
  Vaulted Ceilings, Walk In Closets, Wood Burning Stove, Window Treatments, Primary Downstairs
• Latitude
  45.443980
• Levels
  One
• Listing Contract Date
  19
• Listing Key
  1126047541
• List Price
  1995000
• Longitude
  -110.652514
• Lot Size Acres
  20
• Lot Size Square Feet
  871200
• MLS Area Major
  Park County
• MLS Area Minor
  6 P V W - Liv Area - Paradise Valley W of 89 S
• Original List Price
  1995000
• Originating System Name
  S W M T
• Other Structures
  Stables, Sheds
• Parcel Number
  0003028570
• Patio And Porch Features
  Deck, Patio
• Photos Count
  55
• Postal Code
  59047
• Property Sub Type
  Multi Family
• Property Type
  Residential Income
• Roof
  Shingle
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  1
• Street Additional Info
  8 Black Hawk
• Subdivision Name
  Certificate Of Survey C O S
• Tax Annual Amount
  2742
• Tax Legal Description
  S31, T04 S, R09 E, E2NE4SE4
• Tax Year
  2024
• Unparsed Address
  138 Inverness
• Utilities
  Electricity Connected, Septic Available, Water Available
• View
  Farmland, Meadow, Mountains, Southern Exposure, Valley
• View
  Yes
• Water Source
  Well
• Window Features
  Window Coverings
• Year Built
  2004

Let me show you this listing!