198 E  River Rd, Emigrant, MT 59027
FOR SALE
22.03 ACRES

198 E River Rd
Emigrant, MT 59027

  • 6 Beds
  • 5 Baths
  • 3,516 sqft (on 22.03 acres)

$2,499,000

Est. Mortgage $13,741/mo*

$2,499,000

Est. Mortgage $13,741/mo*
6 Beds
5 Baths
3,516 sqft
(on 22.03 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Experience the ultimate Montana retreat with this stunning custom log home in Emigrant, Montana. Nestled in the majestic beauty of Paradise Valley and bordered by vast expanses of State and U.S. Forest Service land, this property offers unmatched access to Montana’s wild beauty. Located minutes from Yellowstone National Park, you’ll enjoy incredible wildlife sightings, from elk herds, big horn sheep, and deer to occasional moose and bears. Bird enthusiasts will be captivated by the daily visits of osprey, eagles, herons, and more. For fishing enthusiasts, the Yellowstone River, a world-class trout fishing destination, is right at your doorstep with a nearby public boat launch. And when you’re ready to unwind, you’re just minutes from the luxury of Chico Hot Springs Resort and Sage Lodge, offering fine dining, day spas, and hot springs to relax and rejuvenate. This recently renovated 6-bedroom, 5-bathroom home is designed for both comfort and versatility. With two kitchens, two living areas, and two laundry rooms, plus a separate entrance to the lower level, it’s ideal for hosting large families, adventure groups, or corporate retreats. Currently a successful vacation rental with proven rental history and easy enough for you to continue, or make it a family compound. Additionally, there’s a 3,100-square-foot unfinished guest house for expansion and a 30x40 heated, 3-stall garage for all your outdoor gear. Horse lovers will appreciate the barn and fenced pasture areas already in place. From fishing and hiking to relaxing at nearby hot springs, this property is a base camp for year-round adventure. Whether you’re seeking a private sanctuary, a luxury rental investment, or a bit of both, this extraordinary property delivers the perfect Montana lifestyle. Make it yours today!

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$711
Listed
58 days ago

Home Details for 198 E River Rd

Interior Features

Interior Details
Basement: Bathroom,Bedroom,Daylight,Egress Windows,Kitchen,Rec/Family Area,Walk-Out Access
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 4
Dimensions and Layout
Living Area: 3516 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Propane, Septic Available, Water AvailableAppliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, WasherDishwasherDisposalDryerLaundry: In BasementMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Electric,Heat Pump,StoveHas CoolingAir Conditioning: Ceiling Fan(s),Wall/Window Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
Fireplace: Basement, Wood Burning StoveHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Hardwood, Partially Carpeted, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood, Partially Carpeted, Tile
View
Has a ViewView: Farmland, Mountain(s), Rural, River, Creek/Stream
Security
Security: Carbon Monoxide Detector(s), Heat Detector, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Balcony, Covered, Deck, PorchFencing: Log Fence, Partial, Split RailOther Structures: Barn(s), Guest House, WorkshopExterior: Gravel Driveway
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Detached,Garage
Frontage
Waterfront: NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: Hay Storage
Finished Area
Finished Area (above surface): 2052 Square Feet

Days on Market

Cumulative Days on Market: 13Days on Market: 58

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cabin,Rustic
Building
Construction Materials: Log, Wood SidingNot a New Construction
Property Information
Usage of Home: Live/Work, RecreationalParcel Number: 0006794090

Price & Status

Price
List Price: $2,499,000Price Per Sqft: $711
Status Change & Dates
Possession Timing: Closing & Funding, Closing, Delivery Of Deed

Active Status

MLS Status: Active

Location

Direction & Address
City: EmigrantCommunity: River Bend

Agent Information

Listing Agent
Listing ID: 409055

Building

Building Area
Building Area: 3516 Square Feet

HOA

Association for this Listing: Big Sky Country MLSNo HOA

Lot Information

Lot Area: 22.03 Acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, 1031 Exchange, 3rd Party Financing

Business

Business Information
Ownership: Full

Rental Terms, Policies & Fees

Lease Term: Daily

Miscellaneous

BasementMls Number: 409055Living Area Range Units: Square FeetWater ViewWater View: River, Creek/StreamAbove Grade Unfinished Area: 2052Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-30067-N-0006794090-R-N

Additional Information

HOA Amenities: WaterDays On Market Replication: 13
Last check for updates: about 24 hours ago
Listing courtesy of Chelsea Stewart, (406) 579-0740
ERA Landmark Real Estate
Originating MLS: Big Sky Country MLS
Source: Big Sky Country MLS, MLS#409055
Also Listed on Big Sky Country MLS.

Price History for 198 E River Rd

DatePriceEventSource
03/10/2026$2,499,000Listed For SaleBig Sky Country MLS #409055
08/28/2025$2,499,000ListingRemovedBig Sky Country MLS #402431
05/25/2025$2,499,000Listed For SaleBig Sky Country MLS #402431
05/22/2025$2,975,000ListingRemovedBig Sky Country MLS #398245
03/24/2025$2,975,000PriceChange
Big Sky Country MLS #398245
02/13/2025$3,475,000Listed For SaleBig Sky Country MLS #398245
10/12/2023ListingRemovedBig Sky Country MLS #385146
08/16/2023$3,650,000Listed For SaleBig Sky Country MLS #385146
03/15/2022--Sold
Big Sky Country MLS #361008
01/09/2022$1,800,000PendingBig Sky Country MLS #361008
10/07/2021$1,800,000Listed For SaleBig Sky Country MLS #361008

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Property Tax and Assessment

Year2025
Tax$3,952
Assessment$1,241,947
Home facts updated by county records

Comparable Sales for 198 E River Rd

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LGBTQ Local Legal Protections

Chelsea Stewart, ERA Landmark Real Estate
Agent Phone: (406) 579-0740
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
198 E River Rd, Emigrant, MT 59027 is a 6 bedroom, 5 bathroom, 3,516 sqft single-family home built in 1992. This property is currently available for sale and was listed by Big Sky Country MLS on Mar 10, 2026. The MLS # for this home is MLS# 409055.