73 Murphy Lane, Emigrant, MT 59027
Local realty services provided by:ERA Landmark Real Estate
73 Murphy Lane,Emigrant, MT 59027
$995,000
- 3 Beds
- 1 Baths
- 1,140 sq. ft.
- Single family
- Active
Listed by: rick eisen, regina wood
Office: legacy lands, llc.
MLS#:402673
Source:MT_BZM
Price summary
- Price:$995,000
- Price per sq. ft.:$872.81
About this home
PROPERTY WITH FOUR LIVING UNITS
Welcome to an exceptional offering in the heart of Montana's Paradise Valley, where this 1.2-acre property delivers a rare blend of flexibility, income opportunity, and authentic mountain living. The main residence offers 1,140 square feet of thoughtfully designed space with 3 bedrooms and 1 bathroom/laundry room, providing a warm and comfortable retreat framed by expansive mountain ranges and pristine Montana air. Complementing the primary home are two additional guest residences that elevate this property beyond traditional single-family offerings. The versatile “Shop House” features two private living quarters: an upper-level 672-sq ft suite with 1 bedroom, 1-3/4 bathroom and kitchenette, plus a lower-level 624-sq ft unit with 1 non-conforming BD, 1-3/4 BA, a full kitchen and large shop area —both designed for effortless hosting or immediate rental income. A separate 912-sq ft guest house provides a more private 1 BD, 1 BA retreat, perfect for extended stays, multi-generational living, employee housing, or additional income streams. Uniquely positioned just two mins from one of many nearby Yellowstone River fishing access points, residents enjoy immediate proximity to world-class fly fishing, kayaking, rafting, and paddleboarding, while Emigrant's authentic charm -including the impeccably supplied General Store, Emigrant Outpost, Follow Yer Nose BBQ, and the historic Old Saloon - remain just a few minutes away. Renowned dining and natural hot springs at Sage Lodge and Chico Hot Springs lie within a 10-minute drive, offering resort-quality amenities without the resort crowds. Pass through the historic Roosevelt Arch at Yellowstone National Park's iconic Entrance which is a scenic 30-minute drive to the South, while Livingston's shopping, arts and dining rest 30 minutes to the North. For a wider variety of shopping, dining, cultural and recreational activities Bozeman's comprehensive amenities are a convenient 45 min drive away. Travel is easy with Bozeman International Airport an hour away and Mission Field only 30 mins away. Whether you envision a serene family compound, flexible employee housing, or an income-generating investment opportunity, this property embodies the coveted Paradise Valley lifestyle and the timeless Western charm that defines authentic living in one of Montana's most sought-after locations. Buyer to verify all listing information contained herein, including sq. ft. (taken from MT Cadastral).
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Home facts
- Year built:1950
- Listing ID #:402673
- Added:156 day(s) ago
- Updated:November 03, 2025 at 08:53 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,140 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Propane
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Building area:1,140 sq. ft.
- Lot area:1.2 Acres
Utilities
- Water:Water Available, Well
- Sewer:Septic Available
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$872.81
- Tax amount:$3,865 (2024)
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