198 E River Road, Emigrant, MT

$2,499,000

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6

Beds

5

Baths

3,516

Square feet

22.03

Acres

About 198 E River Road

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!

Features of 198 E River Road

MLS® # 409055
Price $2,499,000
Price/sq.ft $711
Bedrooms 6
Bathrooms 5.00
Full Baths 1
Square Footage 3,516
Acres 22.03
Year Built 1992
Type Residential
Sub-Type Single Family Residence
Style Cabin, Rustic
Status Active

Community Information

Address 198 E River Road
Area 6PVE - Liv Area - Paradise Valley E of 89S
Subdivision River Bend
City Emigrant
County Park
State MT
Zip Code 59027

Amenities

Amenities Water
Utilities Electricity Available, Propane, Septic Available, Water Available
# of Garages 3
Garages Detached
View Farmland, Mountain(s), Rural, River, Creek/Stream

Interior

Interior Hardwood, Partially Carpeted, Tile
Interior Features Vaulted Ceiling(s), Walk-In Closet(s), Wood Burning Stove, Window Treatments
Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Heating Baseboard, Electric, Heat Pump, Stove
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Fireplace Yes
Fireplaces Basement, Wood Burning Stove
Stories Two
Has Basement Yes
Basement Bathroom, Bedroom, Daylight, Egress Windows, Kitchen, Rec/Family Area, Walk-Out Access

Exterior

Exterior Features Gravel Driveway
Lot Description Adjacent To Public Land, Lawn
Windows Window Coverings
Roof Asphalt, Shingle
Construction Log, Wood Siding

Additional Information

Date Listed March 10th, 2026
Days on Market 36
Zoning Call Listing Agent for Details
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChelsea Stewart
OfficeERA Landmark Real Estate
Office Phone406-586-1321

Listing Map

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