Your Private Montana Paradise~~~~Just Minutes from Billings
Escape to your own private paradise in Emerald Hills! Tucked away on 2.36 acres, this custom-built 3 bed, 2 bath home offers breathtaking views of Billings and the surrounding mountains. Step inside to soaring vaulted ceilings, oversized beams, skylights and expansive windows that bring the beauty of nature indoors. The primary suite features a private balcony with incredible views and a dry sauna. Unwind in the hot tub room or cross the bridge to a peaceful setting with a loafing shed for horses or animals. Designed for energy efficiency, this unique retreat includes a 2-car attached garage, radon system, new membrane roof (2024) and new septic tank (2025). NO HOA! Just minutes from downtown and the airport, yet feels worlds away in your own Montana paradise. Experience the privacy, tranquility and charm of this one-of-a-kind property!
For sale
$517,700
721 Cave Rd, Billings, MT 59101
3beds
2,312sqft
Single Family Residence
Built in 1982
2.36 Acres Lot
$-- Zestimate®
$224/sqft
$-- HOA
What's special
Hot tub roomOversized beamsSoaring vaulted ceilings
- 72 days
- 750
- 52
Zillow last checked:
Listing updated:
Listed by:
Tammie Hoelle 406-697-2576,
Epique, Inc., DBA Epique Realty
Source: BMTMLS,MLS#: 361470
Originating MLS: Billings Association Of REALTORS
Originating MLS: Billings Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Description: Large,Bath,Flooring: Laminate,Simulated Wood
- Features: Balcony, Ceiling Fan(s), Sauna, Walk-In Closet(s)
- Level: Upper
Bedroom
- Description: Flooring: Laminate,Simulated Wood
- Features: Closet
- Level: Main
Bedroom
- Description: Flooring: Laminate,Simulated Wood
- Features: Closet
- Level: Main
Kitchen
- Description: Galley,Pantry,Flooring: Laminate,Simulated Wood
- Level: Main
Living room
- Description: Flooring: Laminate,Simulated Wood
- Features: Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Wood Burning Stove
- Level: Main
Heating
- Ductless, Other
Cooling
- Ductless, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Pantry, Skylights, Sauna
- Windows: Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total interior livable area: 2,312 sqft
- Finished area above ground: 2,312
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Additional Parking
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Deck, Fence, Storage
- Fencing: Fenced
- Has view: Yes
Lot
- Size: 2.36 Acres
- Features: Secluded, Sloped, Trees, Views
Details
- Additional structures: Shed(s)
- Parcel number: C04332C
- Zoning description: Un-zoned
- Horse amenities: Loafing Shed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story,Berm
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Membrane
Condition
- Resale
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Cistern
Community & HOA
Community
- Subdivision: Emerald Hills
Location
- Region: Billings
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $390,700
- Annual tax amount: $2,661
- Date on market: 8/25/2026
- Listing terms: Assumable,Cash,Conventional,FHA,New Loan,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,154/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Listed for sale | $517,700+26.6%$224/sqft |
Source:  BMTMLS #361470 Report a problem | ||
| 5/19/2026 | Listing removed | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2026 | Price change | $2,900-12.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Listed for rent | $3,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2025 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 11/5/2025 | Contingent | $409,000$177/sqft |
Source: BMTMLS #353995 Report a problem | ||
| 10/16/2025 | Price change | $409,000-2.4%$177/sqft |
Source: BMTMLS #353995 Report a problem | ||
| 9/16/2025 | Price change | $419,000-2.3%$181/sqft |
Source: BMTMLS #353995 Report a problem | ||
| 7/30/2025 | Price change | $429,000-4.7%$186/sqft |
Source: BMTMLS #353995 Report a problem | ||
| 7/3/2025 | Listed for sale | $450,000+18.5%$195/sqft |
Source: BMTMLS #353995 Report a problem | ||
| 12/15/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/22/2022 | Contingent | $379,900$164/sqft |
Source: BMTMLS #331478 Report a problem | ||
| 10/5/2022 | Listed for sale | $379,900$164/sqft |
Source: BMTMLS #331478 Report a problem | ||
| 9/24/2022 | Contingent | $379,900$164/sqft |
Source: BMTMLS #331478 Report a problem | ||
| 7/20/2022 | Price change | $379,900-9.5%$164/sqft |
Source: BMTMLS #331478 Report a problem | ||
| 6/27/2022 | Listed for sale | $420,000$182/sqft |
Source: BMTMLS #331478 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,821 -35.7% | $390,700 +5.7% |
| 2024 | $2,832 +1.3% | $369,600 |
| 2023 | $2,797 +7.2% | $369,600 +26.9% |
| 2022 | $2,610 +0.9% | $291,200 |
| 2021 | $2,587 -1.2% | $291,200 +2.1% |
| 2020 | $2,618 +0.6% | $285,200 |
| 2019 | $2,601 -21.8% | $285,200 +12.4% |
| 2018 | $3,326 +28.5% | $253,700 |
| 2017 | $2,588 +7.1% | $253,700 +3.7% |
| 2016 | $2,417 | $244,700 |
| 2015 | $2,417 +14.4% | $244,700 +114.4% |
| 2014 | $2,112 +2.8% | $114,109 +0.9% |
| 2013 | $2,054 +3.3% | $113,052 +1.1% |
| 2012 | $1,989 | $111,769 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $168,200 |
| 2007 | -- | $168,200 |
| 2006 | -- | $168,200 |
| 2005 | -- | $168,200 |
| 2004 | -- | $168,200 |
| 2003 | -- | $168,200 +20.6% |
| 2002 | -- | $139,500 |
| 2000 | -- | $139,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 59101
Nearby schools
Schools provided by the listing agent
- Elementary: Lockwood
- Middle: Lockwood
- High: Lockwood
Source: BMTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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