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 is 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. Lot 4A is 2.248+/- acres & offers a level 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. The property offers direct access for world-class fly fishing, floating & of 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. **3 of the exterior photos have been created virtually to give an idea of how a few simple changes could greatly enhance an already wonderful property.
For sale
Price cut: $345K (8/19)
$1,895,000
32 Strong Ln, Livingston, MT 59047
4beds
2,130sqft
Single Family Residence
Built in 1968
6.2 Acres Lot
$-- Zestimate®
$890/sqft
$-- HOA
What's special
Sweeping mountain viewsIconic mountain viewsTurnkey and fully furnishedLarge deckInviting finishesPeaceful gathering areasComfortable gathering spaces
- 108 days
- 1,262
- 63
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
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: $890/sqft
- Tax assessed value: $1,256,734
- Annual tax amount: $5,416
- Date on market: 5/16/2026
- Cumulative days on market: 113 days
- Listing terms: Cash,3rd Party Financing
- Lease term: Daily
- Total actual rent: 395
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $1,550,000-18.2%$728/sqft |
Source: Big Sky Country MLS #414224 Report a problem | ||
| 8/14/2026 | Price change | $1,895,000-5%$890/sqft |
Source: Big Sky Country MLS #411235 Report a problem | ||
| 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





