$2,499,000

198 E River Rd Emigrant, MT 59027

$10,000
Closing credit¹
6 beds
1 full
4,983 sqft
22.0 acres
$502 / sqft
House

Property details

About 198 E River Rd

Experience the ultimate Montana retreat with this stunning custom log home at 198 E River Road 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, there is the option to purchase this property turn-key, complete with furnishings, fully stocked kitchens, and linens—ready for you to move in or continue as a luxury rental. 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!

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Electric, Heat Pump, Other
StatusActive
CoolingCeiling Fan(s), Wall/Window Unit(s)
Size4,983 sqft
BasementYes
Lot size22.03 Acres
Year built1992
ParkingDetached, Garage
MLS #402431
Garage3 spaces
FireplaceBasement, Wood Burning Stove
ViewAgricultural, Mountain(s), Rural, River, Creek/Stream

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Partially Carpeted, Tile
  • Interior: Vaulted Ceiling(s), Walk-In Closet(s), Wood Burning Stove, Window Treatments, Upper Level Primary
  • Fireplace: Basement, Wood Burning Stove
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Garage
  • Waterfront: None
  • View: Agricultural, Mountain(s), Rural, River, Creek/Stream
  • Exterior: Gravel Driveway
  • Architectural Style: Cabin
  • Heating: Baseboard, Electric, Heat Pump, Other
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • List Price: $2,499,000
  • Price/SqFt: $501
  • Annual Tax Amount: $3,948
  • Tax Year: 2024
  • Lot: Near Public Land, Lawn
  • Directions: Hwy 89 S to mile marker 20, left on East River Road. Home is on the right side of the road. Gravel driveway.
  • Year Built: 1992
  • Stories: 2
  • Living Area: 4,983 SqFt
  • Lot Size: 22.03 Acres
  • MLS Number: 402431
  • MLS Name: SWMT
  • Office Name: ERA Landmark Real Estate
  • Office Phone: (406) 586-1321
  • Office Email: robyn@eralandmark.com
  • Listing Agent: Chelsea Stewart

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright© 2025 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 8:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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198 E River Rd, Emigrant, MT 59027 - view of community with a rural view and a water and mountain view

$2,499,000

198 E River Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$909,493$3,948
2023$909,493$3,738
2022$587,409$3,136
2021$587,409$3,091
2020$536,755$3,171
2019$536,755$3,089
2018$464,777$2,933
2017$464,777$2,559

History based on county public records data.

Nearby schools

6

Ophir Elementary School

Public District PK-5

19.9 mi

45465 Gallatin RD-30, Miles S G Gateway

7

Anderson School

Public District PK-6

26.0 mi

10040 Cottonwood Rd

5

Gallatin Gateway School

Public District PK-6

28.1 mi

100 Mill St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,757. Most Emigrant, MT residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

27%
<35k
52%
35k-100k
16%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
3%
Single, with Kids
32%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
55%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Wal-MartWal-Mart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • RamRam
  • SubaruSubaru

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 198 E River Rd

The listing price of 198 E River Rd property is $2,499,000.

The property 198 E River Rd is a house located in Emigrant, Montana, 59027.

Active Listing: 198 E River Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 198 E River Rd are: Ophir Elementary School (GreatSchools Rating 6/10), Anderson School (GreatSchools Rating 7/10), Gallatin Gateway School (GreatSchools Rating 5/10), Ophir 7-8 (GreatSchools Rating 6/10), Sacajawea Middle School (GreatSchools Rating 6/10), Gardiner High School (GreatSchools Rating 7/10), Lone Peak High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $3,948 (source: MLS/based on county public records data).

The property at 198 E River Rd has 6 bedrooms and 5 bathrooms.

The property 198 E River Rd is 4,983 SqFt (source: MLS/tax record).

The year of construction for 198 E River Rd is 1992.

This home is located at 198 E River Rd in Emigrant, MT and zip code 59027. This 4,983 square foot home, which was built in 1992, sits on a 22.03 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $2,499,000.

From Rocket Homes Real Estate and based on county public records data.

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