




32 Strong Ln, Livingston, MT, 59047
About This Home
Yellowstone River Retreat is an extraordinary offering situated on over 6 acres just minutes from downtown Livingston that combines direct frontage on the legendary Yellowstone River, iconic mountain views, investment income & future development potential. The property includes 2 separate lots. Lot 3A includes 4.186+/- acres & features a 2,130 sq. ft. 2-story home with 4 bdrms, 3 baths & an attached 2-car garage. The home underwent an extensive interior renovation in 2023 & is being offered turnkey & fully furnished. Currently operating as a highly successful short-term vacation rental accommodating up to 8 guests, the property has earned more than 60 five-star reviews & has established itself as a profitable investment property. Additional opportunity exists to expand the property’s rental potential as the upstairs has remained locked & reserved as private owner’s quarters. A future owner may choose to incorporate the upstairs into the rental space increasing the sleeping capacity to 12 +/- guests & creating an even stronger income. Income records are available upon request. Lot 4A includes 2.248+/- acres & offers a flat, buildable homesite with incredible views of Livingston Peak. This lot is located outside the floodplain and has DEQ approval for well & septic, creating a unique opportunity for a future residence, guest home, or long-term investment. Located on the Yellowstone River, the property offers direct access for world-class fly fishing, floating & of course the river encourages a robust wildlife habitat for viewing in one of Montana’s most treasured settings. Much of the property remains outside the 100-year floodplain & the home did not flood in 2022. Outdoor living is enhanced by a large deck, sweeping mountain views & peaceful gathering areas. Inside, the home reflects a warm Montana Style with comfortable gathering spaces, inviting finishes & a layout well suited for entertaining, relaxing or hosting guests. Whether used as a primary residence, second home, vacation rental or legacy investment, this property offers a rare combination of lifestyle, income, land, fishable water & exceptional location. Only one ownership transfer has occurred in the last 57 years underscoring just how rare it is that a property like this becomes available. Approximately 27 minutes from Bozeman & about 50 minutes from the entrance to Yellowstone National Park, this is a truly exceptional opportunity.
Getting Around
Schools
Construction
Condition
- Year built: 1968
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedroom
- Level: Upper
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bonus Room
- Level: Upper
Bonus Room
- Level: Main
Dining Room
- Level: Main
Features
- Finished area above ground: 2,130
Garage
- Level: Main
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Main
Property
Details
- Parcel number: 0000038140
- Zoning description: Call Listing Agent for Details
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s),River,Creek/Stream
- Has water view: Yes
- Water view: River,Creek/Stream
- On waterfront: Yes
- Waterfront features: Creek,River Front,River Access
Lot
- Lot size: 6.20 Acres
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Avalanche
- Cold Wave
- Lightning
- Winter Weather
- Earthquake
- Inland Flooding
- Hail
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Park 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 | $10,087 | $121,044 |
| Home Insurance | $716 | $8,592 |
| Property Taxes | $612 | $7,344 |
| Electricity | $151 | $1,812 |
| Total | $11,566 | $138,792 |
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 |
|---|---|---|
| 2026-08-14 | Price change | $1,895,000 |
| 2026-07-01 | Price change | $1,995,000 |
| 2026-05-16 | Listed for sale | $2,200,000 |
| 2023-01-31 | Listing removed | $2,450,000 |
| 2022-12-08 | Listed for sale | $2,450,000 |
