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716 Lazy M St, Red Lodge, MT, 59068

4beds
3baths
2,216sqft
$535,000
$241price/sqft
$3,255/moest. monthly cost
$130,200/yrincome needed

About This Home

This fully furnished 4-bedroom, 3-bath townhome with a two-stall garage offers a turnkey opportunity in the heart of Red Lodge, Montana. With a strong history as a successful short-term rental, the spacious layout is ideal for hosting guests or enjoying as a personal mountain retreat. Take in beautiful views of the Beartooth Mountains while being just minutes from downtown shopping, dining, and entertainment. Located at the gateway to Yellowstone National Park and the iconic Beartooth Highway, this property is perfectly positioned for year-round recreation and investment potential.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
62
BikeBikeable

Schools

4/10
Mountain View SchoolGrades PK-50.8 mi
4/10
10/10
Red Lodge High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1996

Materials

  • Roof: Asphalt
  • Construction materials: Masonite

Type & Style

  • Home type: Townhouse
  • Architectural style: Backsplit
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Microwave,Oven,Range,Refrigerator,Smooth Cooktop,Washer

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom

  • Level: Upper

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Family Room

  • Level: Lower

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area above ground: 2,216

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,216 sqft

Kitchen

  • Level: Upper

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 1148600
  • Zoning description: Other

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • Exterior features: Deck,Hot Tub/Spa,Sprinkler/Irrigation
  • Has spa: Yes
  • Fencing: None
  • Has view: Yes

Lot

  • Features: Views,Sprinklers In Ground

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Wildfire
    WildfireRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Wildfire
Hail

FEMA Declared Disasters in Carbon 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 $2,705$32,460
Home Insurance $211$2,532
Property Taxes $187$2,244
Electricity $152$1,825
Total$3,255$39,060

Income You'd Need if You Spent...

35% on housing$111,600/yr
40% on housing$97,650/yr
45% on housing$86,800/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: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 6.4%
6.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 59068$289
Carbon County$282

vs Homes Sold Last Month

Median $/sqft

ZIP 59068$274
Carbon County$232

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
2026-05-11Price change$535,000
2025-12-15Listed for sale$549,000
2021-12-30Listing removed--
2021-12-15Contingent$399,900
2021-12-15Listed for sale$399,900
2001-12-28Sold--

For Sale by Agent

AgentJulie Magnus
BrokeragePureWest Real Estate - Red Lodge

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