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140 Luhn Ln, Gallatin Gateway, MT, 59730

2beds
2baths
1,015sqft
$1,250,000
$1,232price/sqft
$6,957/moest. monthly cost
$278,280/yrincome needed

About This Home

Rare Gallatin River Frontage. Nearly ½ Acre. Iconic Montana Setting.  Sitting along the banks of the legendary Gallatin River, this cherished family cabin sits on two separate parcels totaling approximately 0.49± acres of premier Montana riverfront property. With direct Gallatin River frontage, this offering is a speical opportunity to own a private stretch of blue-ribbon trout water in one of Southwest Montana’s most sought-after recreational corridors. “A River Runs Through It” was filmed just beyond the back door, an enduring testament to the breathtaking beauty and cinematic landscape that surrounds you. Fish world-class waters steps from your cabin, with Storm Castle Creek joining the Gallatin just downstream. Launch a raft or kayak upstream and float home to your own riverbank. After a day on the water, unwind in the sauna, relax by the fire, or simply take in the sights and sounds of the river flowing past your property. The cabin exudes rustic Montana charm. A wood-burning fireplace anchors the living area, while a vintage wood stove adds warmth and character to the kitchen. Featuring two bedrooms and one-and-a-half baths, the layout is comfortable and inviting, perfect as a recreational retreat, rental opportunity, or family cabin ready to create amazing memories.  Located minutes from Big Sky, Bozeman, and endless public lands, this property offers year-round access to fly fishing, rafting, hiking, skiing, and adventure. If you’ve been searching for authentic Montana riverfront real estate with privacy, history, and unmatched access to the Gallatin River, this is a truly rare find. Come experience the magic for yourself.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

6/10
Ophir Elementary SchoolGrades PK-514.7 mi
6/10
Ophir 7-8Grades 6-814.7 mi
10/10
Lone Peak High SchoolGrades 9-1214.7 mi

Construction

Condition

  • Year built: 1966

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 1,015

Heating & Cooling

  • Heating features: Baseboard,Stove,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 1,015
  • Total interior livable area: 1,015 sqft

Property

Details

  • Parcel number: RIF18447
  • Zoning description: Call Listing Agent for Details
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony,Deck,Porch
  • Has view: Yes
  • View description: Mountain(s),River,Creek/Stream,Trees/Woods
  • Has water view: Yes
  • Water view: River,Creek/Stream
  • On waterfront: Yes
  • Waterfront features: Creek,River Front,River Access

Lot

  • Lot size: 0.49 Acres
  • Features: Adjacent To Public Land

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Avalanche
    AvalancheRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Avalanche
Cold Wave
Landslide
Lightning
Wildfire
Earthquake
Hail
Inland Flooding

FEMA Declared Disasters in Gallatin County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance $219$2,628
Property Taxes $267$3,204
Electricity $151$1,812
Total$6,957$83,484

Income You'd Need if You Spent...

35% on housing$238,525/yr
40% on housing$208,710/yr
45% on housing$185,520/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,232This listing

vs Other Active Listings

Avg $/sqft

ZIP 59730$822
Gallatin County$547

vs Homes Sold Last Month

Median $/sqft

ZIP 59730$550
Gallatin County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-01Listed for sale$1,350,000
2025-11-07Listing removed$1,350,000
2025-06-09Listed for sale$1,350,000

For Sale by Agent

AgentClaire Gillam
BrokerageBerkshire Hathaway - Bozeman

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