
Recreational Land with Home for Sale in Libby, Montana
40149 US Highway 2 W, Libby, MT 59923
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.
Location
- Street address
- 40149 US Highway 2 W
- County
- Lincoln County
- Community
- Valhalla Estates
- Elevation
- 2,610 feet
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
LOT 1 VALHALLA ESTATES, S12, T29 N, R31 W, ACRES 28.8, PM 7198
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
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 24, 2025 | Price drop | $2,925,000 | $50,000 -1.7% | MRMLS |
| Aug 7, 2025 | Price drop | $2,975,000 | $15,000 -0.5% | MRMLS |
| Dec 4, 2024 | Price drop | $2,990,000 | $460,000 -13.3% | MRMLS |
| July 2, 2024 | New listing | $3,450,000 | — | MRMLS |



















































































































