Yellowstone River Retreat is an extraordinary offering situated on over 6 acres just minutes from downtown Livingston that combines direct frontage on the legendary Yellowstone River, iconic mountain views, investment income & future development potential.
The property includes 2 separate lots. Lot 3A includes 4.186+/- acres & features a 2,130 sq. ft. 2-story home with 4 bdrms, 3 baths & an attached 2-car garage. The home underwent an extensive interior renovation in 2023 & is being offered turnkey & fully furnished. Currently operating as a highly successful short-term vacation rental accommodating up to 8 guests, the property has earned more than 60 five-star reviews & has established itself as a profitable investment property. Additional opportunity exists to expand the property’s rental potential as the upstairs has remained locked & reserved as private owner’s quarters. A future owner may choose to incorporate the upstairs into the rental space increasing the sleeping capacity to 12 +/- guests & creating an even stronger income. Income records are available upon request.
Lot 4A includes 2.248+/- acres & offers a flat, buildable homesite with incredible views of Livingston Peak. This lot is located outside the floodplain and has DEQ approval for well & septic, creating a unique opportunity for a future residence, guest home, or long-term investment.
Located on the Yellowstone River, the property offers direct access for world-class fly fishing, floating & of course the river encourages a robust wildlife habitat for viewing in one of Montana’s most treasured settings. Much of the property remains outside the 100-year floodplain & the home did not flood in 2022. Outdoor living is enhanced by a large deck, sweeping mountain views & peaceful gathering areas.
Inside, the home reflects a warm Montana Style with comfortable gathering spaces, inviting finishes & a layout well suited for entertaining, relaxing or hosting guests. Whether used as a primary residence, second home, vacation rental or legacy investment, this property offers a rare combination of lifestyle, income, land, fishable water & exceptional location.
Only one ownership transfer has occurred in the last 57 years underscoring just how rare it is that a property like this becomes available. Approximately 27 minutes from Bozeman & about 50 minutes from the entrance to Yellowstone National Park, this is a truly exceptional opportunity.
For sale
Price cut: $205K (7/1)
$1,995,000
32 Strong Ln, Livingston, MT 59047
4beds
2,130sqft
Single Family Residence
Built in 1968
6.2 Acres Lot
$-- Zestimate®
$937/sqft
$-- HOA
What's special
Sweeping mountain viewsIconic mountain viewsTurnkey and fully furnishedLocated outside the floodplainLarge deckInviting finishesFlat buildable homesite
- 52 days |
- 870 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Kim Viers Busby 406-223-7721,
Berkshire Hathaway Livingston
Source: Big Sky Country MLS,MLS#: 411235Originating MLS: Big Sky Country MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Three Quarter Bath, Bonus Room, Bedroom, Dining Room, Full Bath, Garage, Kitchen, Laundry, Living Room
Bedroom
- Level: Upper
Bedroom
- Level: Main
Bonus room
- Level: Upper
Bonus room
- Level: Main
Dining room
- Level: Main
Other
- Level: Upper
Other
- Level: Main
Garage
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Interior area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
- Finished area above ground: 2,130
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s), River, Creek/Stream
- Has water view: Yes
- Water view: River,Creek/Stream
- Waterfront features: Creek, River Front, River Access
Lot
- Size: 6.2 Acres
Details
- Additional structures: Shed(s)
- Additional parcels included: 0000038141
- Parcel number: 0000038140
- Zoning description: Call Listing Agent for Details
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Natural Gas Available, Phone Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Strong
HOA
- Has HOA: No
Location
- Region: Livingston
Financial & listing details
- Price per square foot: $937/sqft
- Tax assessed value: $1,256,734
- Annual tax amount: $5,416
- Date on market: 5/16/2026
- Cumulative days on market: 57 days
- Listing terms: Cash
- Lease term: Daily
- Total actual rent: 395
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $1,995,000-9.3%$937/sqft |
Source: Big Sky Country MLS #411235 Report a problem | ||
| 5/16/2026 | Listed for sale | $2,200,000-10.2%$1,033/sqft |
Source: Big Sky Country MLS #411235 Report a problem | ||
| 1/31/2023 | Listing removed | $2,450,000$1,150/sqft |
Source: Big Sky Country MLS #379383 Report a problem | ||
| 12/8/2022 | Listed for sale | $2,450,000$1,150/sqft |
Source: Big Sky Country MLS #379383 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,123 +8% | $1,256,734 +33.7% |
| 2024 | $4,745 +5.1% | $939,800 |
| 2023 | $4,516 +16.3% | $939,800 +46.7% |
| 2022 | $3,882 +1.2% | $640,748 |
| 2021 | $3,837 +0.6% | $640,748 +12.6% |
| 2020 | $3,814 -6.9% | $569,071 |
| 2019 | $4,095 +12.8% | $569,071 +18.9% |
| 2018 | $3,630 -2.4% | $478,717 |
| 2017 | $3,717 +55.2% | $478,717 +43.5% |
| 2016 | $2,396 +2.8% | $333,626 |
| 2015 | $2,330 +847.2% | $333,626 +1570.6% |
| 2014 | $246 | $19,971 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 59047
Nearby schools
GreatSchools rating
- NAB A Winans SchoolGrades: PK-2Distance: 1.2 mi
- 7/10Sleeping Giant Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Park High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Montana
- Park County
- Livingston
- 59047
- 32 Strong Ln





