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About This Home

This 6-bedroom, 4-bathroom single family at 138 Inverness in Livingston, MT is listed for $1,995,000 ($635 per sqft). Built in 2004, the home offers 3,141 sqft of living space on a 20.00 acres lot.

Agent Description

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.

Key Features

  • Built in 2004
  • 20.00 acre lot

Property Details

1 story
4 full
2004

Amenities

View

Monthly Cost Estimate

$10,670/mo

20% down · 6.5% · 30 years

Principal$1,443
Interest$8,645
Insurance$582

Estimates only. Actual payments may vary.

Location

138 Inverness

Livingston, MT 59047

Certificate Of Survey COS

Features & Amenities

Interior Features

Vaulted Ceiling(s)Walk-In Closet(s)

Property Details

Flooring

OtherTile

Views

MountainValley

Parking

Garage

Heating

Forced AirNatural GasRadiantRadiant FloorWood (Heating)Wood Stove

Cooling

Central Air

Appliances

DishwasherGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 6-bedroom, 4-bathroom single family at 138 Inverness is listed at $1,995,000 ($635/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.

Key features include: Built in 2004, 20.00 acre lot. Interior Features: Vaulted Ceiling(s), Walk-In Closet(s).

This property is listed by Courtney King and can be reached at 4065814078 or courtney.king@evrealestate.com.

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CK

Courtney King

Agent at Engel & Völkers Bozeman

(406) 581-4078

Listed by Engel & Völkers Bozeman · View on Broker Site

MLS# 408009· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

138 Inverness, Livingston, MT 59047

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