




140 Luhn Ln, Gallatin Gateway, MT, 59730
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
Schools
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
- Avalanche
- Cold Wave
- Landslide
- Lightning
- Wildfire
- Earthquake
- Hail
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Gallatin County and Montana
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
| Monthly | Annual | |
|---|---|---|
| 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...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $1,350,000 |
| 2025-11-07 | Listing removed | $1,350,000 |
| 2025-06-09 | Listed for sale | $1,350,000 |
