138 Inverness
Livingston, MT 59047

ACTIVE
$1,995,000

Listing Courtesy of Courtney King, Engel & Volkers - Bozeman

Listing #404995

3

Bedrooms

2 full / 2 half

Bathrooms

1656

Square Feet

Single Family Residence

Type

About this property

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.

property features

Location Information

MLS Area

Liv Area - Paradise Valley W of 89S

Subdivision

Certificate Of Survey COS

Longitude

-110.652514

Latitude

45.44398

Directions

Take 89 S for 13 mi, turn rt on Caledonia, turn left on Bonnie, turns into Glengarry Road, left onto Inverness. Don't stay on Caledonia, it's not maintained.

INTERIOR FEATURES

Interior

Vaulted Ceiling(s),Walk-In Closet(s),Wood Burning Stove,Window Treatments,Main Level Primary

Square Feet

1656

Bedrooms

3

Full / Half Baths

2 / 0

Heating

Forced Air,Natural Gas,Radiant Floor

Half Baths

0

Cooling

Central Air

Floors

Other,Partially Carpeted,Tile

Laundry

Basement Description

Egress Windows,Kitchen,Rec/Family Area

Exterior FEATURES

Style

Stories

1

View Description

Farmland,Meadow,Mountain(s),Southern Exposure,Valley

Exterior

Parking Description

Detached,Garage

Garage Spaces

1

Lot Size in Acres

20

Water

Septic Tank

Zoning

NONE - None/Unknown

Patio / Deck Description

Deck,Patio

Fencing

Partial

ADDITIONAL INFORMATION

Year Built

2004

Roof/Attic

Shingle

Property SubType

Single Family Residence

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2025-09-03 00:05:09 PM MT

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