$995,000
SOLD SEP 22, 2025
Last list price
2 Beds
1 Bath
1,262 Sq Ft
0.44 Acres

Recently Sold

$788 Per Sq Ft

4 Days on Market

Highlights

  • River Access
  • Custom Home
  • Waterfront
  • Gallatin Gateway Elementary School Rated A-
  • River View
  • Wood Burning Stove

About This Home

As of September 2025

Historic Gallatin River Retreat – Meticulously Remodeled with Modern Luxury || Step back in time without sacrificing modern comfort at this extraordinary Gallatin River retreat in the heart of Gallatin Gateway. Originally constructed in 1885 and completely reimagined from the studs out since 2020, this rare single-family residence masterfully blends authentic historic character with premium, contemporary upgrades on a 0.44-acre lot directly bordering the river. Nestled in the original Salesville Plat, across from iconic Stacey’s and The Westerner, this un-zoned property offers unmatched charm, versatility, and investment potential—just 20 minutes from Bozeman and 45 minutes from Big Sky Resort. Inside, the home showcases its heritage with restored original cabin wood floors, walls, and ceilings, balanced beautifully by all-new electrical, plumbing, insulation, and high-efficiency architectural wood windows. Comfort and quality are built into every detail: in-floor radiant heat via a high-performance combi boiler, sound-dampened interior walls for privacy, and a striking see-through wood stove anchoring the living space. The custom kitchen combines warmth and function with handcrafted cabinetry, a walk-in pantry, gas range with hood, a bespoke island, and French doors opening to the backyard oasis. The primary suite features restored wood floors, floor-to-ceiling windows, and custom closets, while the spa-inspired bath boasts a fully tiled shower, restored clawfoot tub, artisan vanity, and stained-glass accent window. The property’s outdoor amenities are equally compelling: a new roof, cedar siding, deck, and gutters enhance the home’s longevity and style, while the fenced backyard offers a fire pit, flagstone patio, raised garden beds, and a powered new shed. Beyond the main residence, the property includes two versatile outbuildings: 1) A fully insulated, heated shop, ideal for woodworking, metalworking, or as a professional-grade workspace; 2) A 2nd detached structure, perfectly positioned to become a guest house, art studio, detached office, or creative retreat—offering boundless potential for customization. Whether you envision it as a full-time sanctuary, weekend escape, or distinctive investment, 407 Mill Street presents a rare opportunity to own a thoughtfully modernized piece of Gallatin Gateway history—complete with direct access to the timeless beauty of the Gallatin River.

Last Agent to Sell the Property

PollyAnna Snyder

Engel & Volkers - Bozeman License #BRO-46652 Listed on: 08/26/2025

Engel & Volkers - Bozeman

Co-Listed By

McCullough Roach

Engel & Volkers - Bozeman License #RBS-79066

Last Buyer's Agent

Cameron Crosby

PureWest Real Estate Bozeman License #RBS-80137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 1885

Lot Details

  • 0.44 Acre Lot
  • Waterfront
  • Perimeter Fence
  • Landscaped
  • Garden

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • River
  • Woods
  • Creek or Stream
  • Mountain

Home Design

  • Custom Home
  • Rustic Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Stove
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Heating System Uses Wood
  • Well

Community Details

  • No Home Owners Association
  • Salesville Original Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number RHF12905

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,146

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Architectural Style: Custom, Rustic
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1885
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace Features: Wood Burning Stove
  • Window Features: Window Coverings
  • Flooring: Hardwood, Tile
  • Interior Amenities: Vaulted Ceiling(s), Wood Burning Stove, Window Treatments
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Dining Room Type: Dining Room, Full Bath, Kitchen, Laundry, Living Room
  • Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer, Some Gas Appliances, Stove
  • Above Grade Finished Sq Ft: 1262.0
  • Living Area: 1262.0

Exterior Features

  • Roof: Metal
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Fencing: Perimeter
  • View: Mountain(s), River, Creek/Stream, Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Garden, Gravel Driveway, Landscaping
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Patio, Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Detached, Garage
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Attached Garage: No

Utilities

  • Security: Heat Detector, Smoke Detector(s)
  • Cooling: Ceiling Fan(s)
  • Heating: Radiant Floor, Stove, Wood
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: Water
  • Association: No

Lot Info

  • Lot Features: Landscaped
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166.4
  • Possible Use: Live/Work
  • Parcel #: RHF12905
  • Zoning Description: NONE - None/Unknown

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3145.71
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2025
Closed on
Sep 22, 2025
Sold by
Cavanaugh Katie Ann
Bought by
Idyllwild Llc
Seller's Agent
PollyAnna Snyder
Engel & Volkers - Bozeman
Buyer's Agent
Cameron Crosby
PureWest Real Estate Bozeman
List Price
$995,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.37%

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 12, 2020
Sold by
Wortman Earl J
Bought by
Cavanaugh Katie Ann
Seller's Agent
Walter Rivers
ERA Landmark Real Estate
Buyer's Agent
PollyAnna Snyder
Engel & Volkers - Bozeman
List Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$402,325
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Security Title
Warranty Deed -- Security Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $402,325 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Sold -- -- --
08/30/2025 08/30/25 Pending -- -- --
08/26/2025 08/26/25 For Sale $995,000 +101.0% $788 / Sq Ft
06/17/2020 06/17/20 Sold -- -- -- View Prior Sale
05/18/2020 05/18/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $495,000 -- $491 / Sq Ft
Source: Big Sky Country MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,423 $738,000 $0 $0
2024 $3,118 $648,600 $0 $0
2023 $2,991 $648,600 $0 $0
2022 $2,056 $334,800 $0 $0
2021 $1,676 $235,686 $0 $0
2020 $1,701 $236,100 $0 $0
2019 $541 $236,100 $0 $0
2018 $351 $205,300 $0 $0
2017 $322 $205,300 $0 $0
2016 $233 $153,700 $0 $0
2015 $1,148 $153,700 $0 $0
2014 $989 $74,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Big Sky Country MLS

MLS Number: 405307

Big Sky Country MLS

APN: 06-0697-11-2-03-08-0000