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32 Strong Ln, Livingston, MT, 59047

4beds
3baths
2,130sqft
$1,995,000
$937price/sqft
$11,566/moest. monthly cost
$462,640/yrincome needed

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

11
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

--
B A Winans SchoolGrades PK-21.2 mi
7/10
5/10
Park High SchoolGrades 9-121.6 mi

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
    AvalancheVery High
  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Avalanche
Cold Wave
Lightning
Winter Weather
Earthquake
Inland Flooding
Hail
Strong Wind
Wildfire

FEMA Declared Disasters in Park 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 $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...

35% on housing$396,548/yr
40% on housing$346,980/yr
45% on housing$308,426/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.4%
4.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$937This listing

vs Other Active Listings

Avg $/sqft

ZIP 59047$395
Park County$499

vs Homes Sold Last Month

Median $/sqft

ZIP 59047
Park County$321

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
2026-08-14Price change$1,895,000
2026-07-01Price change$1,995,000
2026-05-16Listed for sale$2,200,000
2023-01-31Listing removed$2,450,000
2022-12-08Listed for sale$2,450,000

For Sale by Agent

AgentKim Viers Busby
BrokerageBerkshire Hathaway Livingston

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