23 Emerald Hills Dr, Billings, MT, 59101
About This Home
6BR/3BA Beautiful Emerald Hills Property on 11.74 Acres with Spectacular Views & 2,800 SF Shop located in the ponderosa pines on a quiet dead end road. This updated 11.74-acre lot property in Lockwood offers an ideal setup for multi-family living, horses, or home-based businesses. The 6-bedroom, 3-bathroom house features a finished walk-out basement along with two kitchens and two independent laundry areas.The exterior features a flat 3 acre horse pasture with wood rail fencing and windmill. A nice chicken/bunny/duck coop as well. A major feature of the property is the 2,800-square-foot fully insulated shop, wired with both 110V and 220V power. Climate control is managed by four distinct systems: in-floor propane radiant heat, gas log fireplaces, electric zone heating, and mini-splits.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1976
Materials
- Roof: Composition
- Construction materials: Steel
Type & Style
- Home type: SingleFamily
- Architectural style: Bi-Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Daylight
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Second Kitchen
- Number of fireplaces: 2
- Fireplace features: Gas
- Fireplace: Yes
- Finished area above ground: 2,250
Heating
- Heating features: Baseboard,Electric,Gas,Other,Combination
Interior Area
- Total interior livable area: 4,500 sqft
Property
Details
- Parcel number: C04347E
- Zoning description: Rural Residential 1
Features
- Levels: Two,Multi/Split
- Stories: 2
- Patio & porch: Covered,Deck,Front Porch,Patio
- Exterior features: Deck,Fence,Patio,Workshop
- Fencing: Fenced
- Topography of land: Hill
Lot
- Lot size: 11.74 Acres
- Features: Level,Rolling Slope,Rim Lot,Sloped,Trees
Parking
- Total spaces: 2
- Parking features: Attached,Additional Parking,Garage Door Opener,RV Access/Parking
- 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
- Winter Weather
- Cold Wave
- Wildfire
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Yellowstone 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 | $4,677 | $56,124 |
| Home Insurance | $633 | $7,596 |
| Property Taxes | $398 | $4,776 |
| Electricity | $308 | $3,707 |
| Total | $6,016 | $72,192 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-08 | Price change | $899,500 |
| 2026-07-10 | Listed for sale | $925,000 |
| 2021-10-29 | Sold | -- |
| 2019-05-29 | Sold | -- |
| 2019-04-15 | Pending sale | $475,000 |
| 2019-01-22 | Price change | $475,000 |
| 2018-08-23 | Price change | $499,900 |
| 2018-06-22 | Listed for sale | $534,900 |
View on Zillow