138 Inverness Road

Livingston, MT 59047

Discover a rare 20-acre Montana retreat with Dual Homes & Income Potential: two newer 3-bedroom, 2-bath homes, designed for multigenerational living, vacation rentals, or turnkey investment, Nestled in the Paradise Valley, with panoramic Absaroka Mountain views and direct access to 360 acres of state land for hunting or outdoor recreation. 138 Inverness: A dramatic A-frame capturing stunning mountain views. Cozy great room with fireplace, remodeled kitchen and primary ensuite. Step outside to the patio with pergola, outdoor kitchen, and hot tub, ideal for Montana evenings. Includes small horse stable. Previously operated as a legal short-term rental. 8 Black Hawk: Single-level modern home on the corner of the acreage. 3 bedrooms, 2 baths, that could be rented for immediate income potential, long-term or short-term rental use enhanced by 2025’s 100% bonus depreciation rules. Proximity to Yellowstone National Park, the Yellowstone River, and Livingston arts & culture — 20-acre Paradise Valley Montana retreat with two newer 3-bed, 2-bath homes, offering income potential and lifestyle flexibility. Enjoy sweeping Absaroka Range views, state land across the street, and fenced horse acreage. 138 Inverness features an A-frame with wall-of-windows great room, remodeled kitchen, primary ensuite, and patio with pergola, outdoor kitchen, and hot tub — previously a legal short-term rental. 8 Black Hawk is a modern single-level home with immediate rental income potential. Minutes to Yellowstone North Entrance, Livingston arts & culture, and the Yellowstone River, this turnkey property blends Montana lifestyle, wildlife, and investment opportunity. No zoning restrictions

Listing courtesy of Engel & Völkers - Bozeman



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Last checked: 2026-03-07 11:40 PM UTC