138 Inverness
Livingston, Montana 59047

$1,995,000

MLS #408009

Listing Details

  • 6Bedrooms
  • 4Bathrooms
  • 3141Sq Footage
  • 20Acres
  • $1,995,000Price

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.

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Additional Features

  • Above Grade Finished Area
    3141
  • Appliances
    Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement
    Egress Windows, Kitchen, Rec Family Area
  • Bathrooms Full
    4
  • Bathrooms Total Integer
    4
  • Bedrooms Total
    6
  • Building Area Source
    Public Records
  • Building Area Total
    3141
  • City
    Livingston
  • Construction Materials
    Lap Siding
  • Contract Status Change Date
    2026-01-16
  • Cooling
    Central Air
  • Cooling
    Yes
  • Cumulative Days On Market
    3
  • 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.
  • Documents Count
    3
  • 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
  • Latitude
    45.443980
  • Levels
    One
  • Listing Contract Date
    2026-01-16
  • Listing Key
    1151199200
  • List Price
    1995000
  • Living Area
    3141
  • Living Area Source
    Public Records
  • Longitude
    -110.652514
  • Lot Features
    Adjacent To Public Land
  • Lot Size Acres
    20.00000
  • 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
  • MLS Status
    Active
  • Occupant Type
    Vacant
  • Original List Price
    1995000
  • Originating System Name
    S W M T
  • Other Structures
    Guest House, Stables
  • Ownership
    Full
  • Parcel Number
    0003028570
  • Parking Features
    Detached, Garage
  • Patio And Porch Features
    Deck, Patio
  • Photos Count
    62
  • 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
    3373
  • Tax Legal Description
    Township 4 South 9 East of the Principal Montana Meridian, in Park County, Montana Section 31, E1/2NE1/4SE1/4, (Deed Reference Roll 91, page 1160)
  • Tax Year
    2025
  • 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
Jody Savage

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Listing Provided By Engel & Volkers - Bozeman, Courtney King

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

What our clients are saying:

Jody is amazing. She knows the market and was able to advise us on all our many concerns. We so appreciated how responsive she was; within minutes of submitting an online request for realtor contact on a house, she had called us. All our communications with her were like that; we never had to wait long to hear back from her. She was patient and always willing to sit down and meet with us. When we found the house we wanted, she worked tirelessly to secure it for us, and she was extremely patient with us. She was easy to communicate with, understand, and a pleasure to work with – I highly recommend Jody!

J.T.

Jody Savage is knowledgeable, trustworthy and tireless. I purchased a property this spring (2017) near Bozeman; Jody represented me as well as the seller in the transaction. Jody led me through the entire process because this was the first property I had ever purchased. HOA complications and other details made the purchase more difficult. Jody undertook a boat-load of legwork to make the transaction go smoothly. I hope to work with Jody again.

J.D.

Jody was awesome to work with. We were new to the area and she was helpful and knowledgeable about not only the housing market, but schools, and lenders. She worked with my work schedule for showings. Jody also stayed late to write an offer to meet our schedule. I would recommend Jody to anyone needing a realtor.

M.L.

Jody is FANTASTIC!! We were first time home buyers and she was with us ever step of the way! She never made us feel silly for being new to the process. She definitely knows the area, always kept us up to date on new listings and was just a delight to work with. I would have absolutely zero hesitation recommending her to anyone. Thanks for all the hard-work Jody! We love our house!

K.G.

My wife and I used Jody Savage for the sale of our home in Gallatin Gateway, MT. Jody was exceptional in all phases of our sale. We had multiple offers over asking price and sold our home in two days! Jody uses up to date modern marketing, was extremely professional and knowledgeable regarding our market and addressing our needs. She was great to work with and very responsive to any questions we had. Jody is the best in the business and we highly recommend her services!

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