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Recreational Land with Home for Sale in Libby, Montana

40149 US Highway 2 W, Libby, MT 59923

$2,925,000
28.8 acres
Active
$50k drop
Est $15,346/mo

This NW Montana estate feels like its own world-nearly 30 acres of forested hillside, two beautiful homes, and views that stretch for miles. The main home, finished in 2024, blends luxury with Montana character: hand-peeled logs, a towering rock fireplace, custom ironwork, aspen ceilings, and hickory floors. Sunlight pours through the expansive windows, drawing your eye to the mountains beyond. The kitchen is built for those who love to cook and gather, with Italian appliances, quartz counters, a hidden pantry, and a built-in espresso maker. The primary suite's jetted tub sits beneath picture windows, creating a private retreat with nature as the backdrop. Downstairs, the home opens to a large family room that leads directly to the patio, lawn, and firepit. With a second kitchen, two more bedrooms, and a game-processing/canning room, the lower level is ready for guests, hobbies, or extended stays. Upstairs you'll find panoramic windows, breathtaking views, a wet bar, and balcony. This home includes a spacious three-car garage with extra-large overhead doors and a large storage loft for extra convenience. The second home, built in 2019, is charming and efficient, with two bedrooms, a woodstove, and its own oversized garage. It currently serves as a successful short-term rental. Between the homes, a fenced garden and orchard provide berries, fruit trees, and raised beds. A whole-property generator ensures peace of mind. Despite its mountaintop feel, the estate offers year-round access and is minutes from everyday conveniences. Outdoor recreation abounds nearby, including the Cabinet Mountain Wilderness, Lake Koocanusa, Kootenai Falls, Ross Creek Cedars, and even Glacier National Park and Whitefish Mountain Resort are an easy drive away.

6,674
Sq feet
6
Beds
5
Full baths
2024
Built

Location

Street address
40149 US Highway 2 W
Community
Valhalla Estates
Elevation
2,610 feet
Coordinates
48.2918, -115.5139

Directions

US Hwy 2 to driveway, directly across from Mt Snowy Drive. Sign at property

Property details

Acreage
28.8 acres
MLS #
MRMLS 30066029
Posted

Property taxes

2025
$15,800

Parcels

  • 56406812301400000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Mountains
Features
Back Yard, Corners Marked, Front Yard, Garden, Secluded, Split Possible, Sprinklers in Ground, Views, Wooded

Exterior

Parking
Driveway, Garage, Open
Pool
Deck, Patio, Porch
Structures
Shed(s), Storage
Features
Fire Pit, Propane Tank Owned, Rain Gutters

Structure

Stories
2
Water
Well
Sewer
Private Sewer, Septic Tank
Heating
Ductless, Forced Air, Heat Pump, Propane, Wood, Wood Stove
Cooling
Central Air
Materials
Foam Insulation, Masonite, Wood Siding
Roof
Composition

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 6, Laundry Room
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
Additional Living Quarters, Fireplace, Main Level Primary, Open Floorplan, Vaulted Ceilings, Walk In Closets, Wet Bar

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Oct 24, 2025Price drop$2,925,000$50,000 -1.7%MRMLS
Aug 7, 2025Price drop$2,975,000$15,000 -0.5%MRMLS
Dec 4, 2024Price drop$2,990,000$460,000 -13.3%MRMLS
July 2, 2024New listing$3,450,000MRMLS
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This 28.8-acre property is located at 40149 US Highway 2 W in Libby, MT 59923. The property is available for sale for $2,925,000. It has a 6,674 sq ft 6 bedroom, 5 bath house built in 2024.

Checked 2 hours ago — Updated

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