For sale

Price cut: $99.1K (7/7)

$1,199,900

2994 Highway 78, Absarokee, MT 59001

3beds

1,792sqft

$7,023/mo

Get pre-qualified

Single Family Residence

Built in 1989

20 Acres Lot

$622,100 Zestimate^®

$670/sqft

$-- HOA

What's special

Offered for the first time in over 100 years. 20 acres with exceptional mountain views and beautiful, clear live water from Butcher Creek running through the property. 10 acres under irrigation. Paved highway frontage—just minutes to Absarokee and convenient to Red Lodge, Billings and Bozeman. Well-equipped livestock setup includes: 28 calving stalls, 7 calf shelters, 3 barns, Corrals, Heated vet room. Historically calved up to 600 heifers at this facility. Ideal as a premium horse facility. Comfortable 1989 ranch home (3 bed, 2 bath, 1,792 SF), concrete crawl space, wood siding, plus an oversized 2-car garage with shop (built in 1990). Fully furnished and easy to manage—perfect for a family ranch or peaceful retirement property. Excellent well and valuable irrigation rights. CCR’s are protective in nature and allow for two additional single family residences.

410 days

441

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Other

Features: Ceiling Fan(s)

Heating

Propane

Cooling

None

Appliances

Included: Oven, Range, Refrigerator

Features

Basement: Crawl Space
Number of fireplaces: 1

Interior area

Total interior livable area: 1,792 sqft
Finished area above ground: 1,792

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Detached, Workshop in Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Sprinkler/Irrigation
Fencing: Fenced
Has view: Yes
On waterfront: Yes
Waterfront features: River Front, Waterfront

Lot

Size: 20 Acres
Features: Level, Stream/Creek, Trees, Views, Waterfront

Details

Parcel number: 1200111
Zoning description: Agricultural

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Asphalt

Condition

Resale
Year built: 1989

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: piper-ostrum subdivision

Location

Region: Absarokee

Financial & listing details

Price per square foot: $670/sqft
Tax assessed value: $365,052
Annual tax amount: $1,400
Date on market: 6/29/2025
Listing terms: Cash,Conventional

Estimated market value

$622,100

$523,000 - $740,000

$2,330/mo

Price history

Date	Event	Price
7/7/2026	Price change	$1,199,900-7.6%$670/sqft
Source: BMTMLS #353913 Report a problem
1/14/2026	Price change	$1,299,000-6.9%$725/sqft
Source: BMTMLS #353913 Report a problem
6/30/2025	Listed for sale	$1,395,000$778/sqft
Source: BMTMLS #353913 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,203 -21.5%	$365,052 +36.7%
2024	$1,532 +0.5%	$267,042
2023	$1,525 +24.2%	$267,042 +34.5%
2022	$1,227 +0%	$198,605
2021	$1,227 -13.6%	$198,605 -9.4%
2020	$1,420 -9.3%	$219,219
2019	$1,565 +3.7%	$219,219 +10.4%
2018	$1,509 -11.9%	$198,515
2017	$1,713 +38.8%	$198,515 +10.5%
2016	$1,234 -0.3%	$179,642
2015	$1,237 +14.6%	$179,642 +95.6%
2014	$1,079	$91,842