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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.

• Bedrooms
  3
• Bathrooms
  2
• Sq Footage
  1656
• Acres
  20
• Days on Market
  19

Additional Features

• Above Grade Finished Area
  1656
• Appliances
  Dishwasher, Disposal, Microwave, Range, Refrigerator
• Basement
  Egress Windows, Kitchen, Rec Family Area
• Bathrooms Full
  2
• Bathrooms Total Integer
  2
• Bedrooms Total
  3
• Building Area Source
  Public Records
• Building Area Total
  1656
• City
  Livingston
• Construction Materials
  Lap Siding
• Contract Status Change Date
  2025-08-08
• Cooling
  Central Air
• Cooling
  Yes
• Cumulative Days On Market
  14
• Directions
  Take 89 S for 13 mi, turn rt on Caledonia, turn left on Bonnie, turns into Glengarry Road, left onto Inverness. Dont stay on Caledonia, its not maintained.
• Exclusions
  Hot tub, Washer/ Dryer
• Fencing
  Partial
• Fireplace Features
  Basement, Wood Burning Stove
• Fireplace
  Yes
• Flooring
  Other, Partially Carpeted, Tile
• Garage Spaces
  1
• Garage
  Yes
• Heating
  Forced Air, Natural Gas, Radiant Floor
• Heating
  Yes
• Interior Features
  Vaulted Ceilings, Walk In Closets, Wood Burning Stove, Window Treatments, Main Level Primary
• Latitude
  45.443980
• Levels
  One
• Listing Contract Date
  19
• Listing Key
  1128585129
• List Price
  1995000
• Living Area
  1656
• Living Area Source
  Public Records
• 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
  Barns, Guest House, Sheds
• Parcel Number
  0003028570
• Parking Features
  Detached, Garage
• Patio And Porch Features
  Deck, Patio
• Photos Count
  57
• Postal Code
  59047
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Gravel
• 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

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