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For sale by owner
  • $849,000

    36 Rainbow Ct, Libby, MT 59923

    --beds
    0baths
    1Acres
    : 
    $5,476/mo
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    VacantLand
    Built in ----
    1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    Overview

    Legacy Waterfront on Upper Thompson Lake | 36 Rainbow Court | Libby, MT Rare opportunities like this don't come along often. This exceptional 1.001-acre waterfront property offers 186 feet of private frontage on beautiful Upper Thompson Lake, one of the gems of Montana's Thompson Chain of Lakes. Unlike vacant waterfront land, this property is ready to enjoy today while you plan your dream home. Existing improvements include a private well, septic system, electrical service, large dock, boat lift, personal watercraft port, and a small storage garage, along with room and hookups to accommodate up to three RVs—perfect for hosting family and friends all summer long. Spend your days boating, fishing, paddleboarding, kayaking, swimming, or simply relaxing on your own private shoreline. Wake up to the sound of loons and end each evening with breathtaking sunsets over crystal-clear mountain waters. Upper Thompson Lake is well known for excellent fishing, including bass and trout, and is surrounded by thousands of acres of National Forest offering hiking, hunting, ATV riding, snowmobiling, and year-round recreation. Happy's Inn is just minutes away for dining, fuel, and live music, while Kalispell, Libby, Glacier National Park, and Glacier Park International Airport are all within a comfortable drive. One of the property's greatest values is its rarity. Opportunities to purchase a buildable waterfront parcel on Upper Thompson Lake are becoming increasingly scarce, making this an exceptional opportunity to create a lasting Montana legacy. Whether you're looking for a family retreat, vacation property, or future lakefront home, this property offers the perfect combination of privacy, recreation, and investment potential. Property Highlights: 1.001 acres 186 feet of private waterfront Private well, septic, and electrical service Large dock, boat lift, and personal watercraft port Three RV hookup sites Small storage garage Mature trees and beautiful level building area Private gate. Endless year-round recreation Offered at $849,000. Buyer's agents are welcome, and the seller is willing to work with and compensate a licensed buyer's agent.
    50 days
    343
    13
    Listed by:

    Property Owner (406) 270-6990

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Parking
      • Parking features: Garage - Detached
      Features
      • Has view: Yes
      • View description: Water, Mountain
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 1 Acres
      Details
      • Parcel number: 56382730302310000

      Community & HOA

      Location
      • Region: Libby

      Financial & listing details

      • Tax assessed value: $451,660
      • Annual tax amount: $1,498
      • Date on market: 7/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Listed for sale$849,000
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,498 -15.3%$451,660 +33.1%
        2024$1,769 +6.9%$339,330
        2023$1,655 -15.1%$339,330 +9.9%
        2022$1,950 +9.1%$308,860
        2021$1,787 +7.9%$308,860 +35.6%
        2020$1,656 -1.7%$227,800
        2019$1,685 +3.8%$227,800 +4.7%
        2018$1,624 +3.6%$217,510
        2017$1,568 -1.3%$217,510 +1.8%
        2016$1,589 +33.6%$213,700
        2015$1,189 -14%$213,700 +71.3%
        2014$1,383 +5.9%$124,782 +7.5%
        2013$1,306 $116,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Happys Inn

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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