See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

297 Paper Trl, Lewistown, MT, 59457

5beds
3baths
3,264sqft
$2,150,000
$659price/sqft
$12,636/moest. monthly cost
$505,440/yrincome needed

About This Home

Welcome to your Montana dream where open skies, mountain views and country living come together in harmony. This exceptional horse property offers functionality and convenience. Located one-half mile from town the property showcases sweeping views of the Snowy, Moccasin and Judith Mountains. Casino Creek runs through the property with an artesian well producing approximately 26 gallons per minute. Equestrian amenities include a 6 stall horse barn complete with a heated tack room. The shop features in-floor heat and offers ample space. A 12x12 Amish built greenhouse. A heated dog kennel also features in-floor heat providing a comfortable and convenient setup for breeders, trainers, or anyone needing space for animals. Lovingly maintained, meticulously updated, and move-in ready. This is a rare chance to enjoy Montana country living. Buyer and buyers agent to verify all info.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

7/10
Lewis & Clark SchoolGrades 4-60.8 mi
6/10
Lewistown 7-8Grades 7-81.2 mi
3/10
Fergus High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2003

Materials

  • Construction materials: Metal Siding,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Farm

Interior

Appliances

  • Appliances included: Appliances Negotiable,Refrigerator,Washer/Dryer
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,264

Heating & Cooling

  • Heating features: Gas,Hot Water,Radiant
  • Cooling features: Ductless

Interior Area

  • Total interior livable area: 3,264 sqft

Property

Details

  • Parcel number: 151556

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 75 Acres

Parking

  • Total spaces: 3
  • Parking features: Attached,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters in Fergus 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 $10,871$130,452
Home Insurance $470$5,640
Property Taxes $1,071$12,852
Electricity $224$2,689
Total$12,636$151,632

Income You'd Need if You Spent...

35% on housing$433,234/yr
40% on housing$379,080/yr
45% on housing$336,960/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: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$659This listing

vs Other Active Listings

Avg $/sqft

ZIP 59457$240
Fergus County$301

vs Homes Sold Last Month

Median $/sqft

ZIP 59457
Fergus County$435

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
2026-05-16Price change$2,150,000
2025-09-09Price change$1,950,000
2025-07-23Price change$2,350,000
2025-04-08Listed for sale$2,700,000

For Sale by Agent

AgentJake Malchuski
BrokerageOakland & Company

Similar Homes