This incredible horse property in Lima, Montana is one of the most uniques properties in southwest Montana. Comprised of 11.5 acres which are fenced into three separate pastures which are all split rail, page wire and barbed wire. These pastures are equipped with a double drink heated waterer for those days and nights when below freezing. The beautiful home was constructed in 1910, updated over time and contains two bedrooms and two full bathrooms. The home is heated by forced air but supplemented by a wood burning stove to keep the heating bills to a minimum. The yard and landscaping are perfectly manicured with mature trees and a new under ground sprinkler system. The property also contains outbuildings for storage, livestock and shop space. Lima is a quaint little town 45 miles south of Dillon, MT. Lima has most amenities including gas, small convenience store, restaurant, rural fire department and ambulance service. Only 94 miles to the south lies Idaho Falls which has all amenities included commercial airport. Dillon, a short 45 mile drive up I-15 has all amenities outside of commercial air service. The area surounding Lima is famous for excellent hunting, fishing and other outdoor opportunities.
For sale
$495,000
485 N Main St, Lima, MT 59739
2beds
3,227sqft
Single Family Residence
Built in 1910
11.47 Acres Lot
$-- Zestimate®
$153/sqft
$-- HOA
What's special
Mature treesNew underground sprinkler systemTwo bedrooms
- 42 days
- 1,257
- 73
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keith Handlos 406-925-1814,
18 Land Company
Source: Big Sky Country MLS,MLS#: 414741Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
Other
- Level: Main
Heating
- Forced Air
Cooling
- None
Features
- Bedroom on Main Level, Full Bath on Main Level
Interior area
- Total structure area: 3,227
- Total interior livable area: 3,227 sqft
- Finished area above ground: 2,427
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 11.47 Acres
Details
- Parcel number: 0000401499
- Zoning description: None/Unknown
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $52,167
- Annual tax amount: $3,231
- Date on market: 9/10/2026
- Cumulative days on market: 407 days
- Listing terms: Cash,3rd Party Financing
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $495,000-16.8%$153/sqft |
Source: Big Sky Country MLS #414741 Report a problem | ||
| 8/4/2026 | Listing removed | $595,000$184/sqft |
Source: Big Sky Country MLS #404756 Report a problem | ||
| 8/5/2025 | Listed for sale | $595,000$184/sqft |
Source: Big Sky Country MLS #404756 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $252 +35.2% | $52,167 +92.5% |
| 2024 | $187 -90.1% | $27,094 -89.8% |
| 2023 | $1,895 +59.1% | $266,300 +104.7% |
| 2022 | $1,191 +3.5% | $130,100 |
| 2021 | $1,150 +20.6% | $130,100 +22.3% |
| 2020 | $954 -3% | $106,400 |
| 2019 | $984 -3.6% | $106,400 -6.1% |
| 2018 | $1,020 | $113,354 |
| 2017 | -- | $113,354 +13.6% |
| 2016 | -- | $99,800 |
| 2015 | -- | $99,800 +72.8% |
| 2014 | -- | $57,767 +3.8% |
| 2013 | -- | $55,671 +5.6% |
| 2012 | $934 | $52,724 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $67,600 |
| 2007 | -- | $67,600 |
| 2006 | -- | $67,600 |
| 2005 | -- | $67,600 |
| 2004 | -- | $67,600 |
| 2003 | -- | $67,600 +8.1% |
| 2002 | -- | $62,555 |
| 2000 | -- | $62,555 |
Find assessor info on the county website
Monthly payment
Est. payment
