$409,000
UNDER CONTRACT $41K PRICE DROP

721 Cave Rd Billings, MT 59101

Estimated payment $2,491/month

Total Views 10,328
3 Beds
2 Baths
2,312 Sq Ft
$177 Price per Sq Ft

Highlights

  • Sauna
  • Wood Burning Stove
  • 1 Fireplace
  • Deck
  • Secluded Lot
  • Skylights

About This Home

Welcome home to your Emerald Hills oasis on 2.36 acres in a secluded area with fantastic views of Billings and the surrounding mountains. This custom built 3 bed, 2 bath earth-berm design is an energy efficient masterpiece. Taking advantage of the stable subterranean temperatures, the living space stays cool in summer and warm in winter. A new membrane roof was installed in 2024. Soaring ceilings, oversized beams, skylights and a master suite balcony with a dry sauna all combine to create a luxurious getaway at home in the hills. There is also a small hot tub on the main level. The property features a two car attached garage, radon system, and a bridge across the coulee to a pen and loafing shed for your animals. Trailer and water tanks included! No HOA. Don't miss this chance to own a little bit of paradise in the Emerald Hills.

Listing Agent

Michael Leo

Keller Williams Yellowstone Properties Brokerage Phone: (406) 850-9531 Listed on: 07/02/2025

Keller Williams Yellowstone Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,972

Year Built

  • Built in 1982

Lot Details

  • 2.36 Acre Lot
  • Fenced
  • Secluded Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Sauna
  • Property Views

Kitchen

  • Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Shed

Schools

  • Lockwood Elementary And Middle School
  • Lockwood High School

Farming

  • Loafing Shed

Utilities

  • Cooling Available
  • Heat Pump System
  • Cistern
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number C04332C

Community Details

Overview

  • Emerald Hills Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,972

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1982
  • Attribution Contact: (406) 850-9531
  • Reso Fencing: Fenced
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup, Laundry Room
  • ResoLotFeatures: Secluded, Sloped, Trees, Views
  • Lot Size Acres: 2.36
  • NAV29_Unit_1_Appliances: Dishwasher, Electric Range, Oven, Range, Refrigerator
  • MLS Status: Contingent
  • Subdivision Name: Emerald Hills
  • Above Grade Finished Sq Ft: 2312.0
  • Architectural Style: Berm
  • Reso Fireplace Features: Wood Burning Stove
  • Unit Levels: Two
  • ResoPropertyCondition: Resale
  • Reso Window Features: Skylight(s)
  • Special Features: 4224

Interior Features

  • Interior Amenities: Ceiling Fan(s), Pantry, Skylights, Sauna
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Deck, Fence
  • Other Structures: Shed(s)
  • Roof: Membrane
  • View: Yes
  • Disclosures: Disclosure on File
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Ductless, Heat Pump
  • Heating: Ductless
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Cistern, Well

Fee Information

  • Annual Water Sewer Expense: 100.0

Schools

  • Elementary School: Lockwood
  • High School: Lockwood
  • Middle Or Junior School: Lockwood

Lot Info

  • Parcel #: C04332C
  • Horse Amenities: Loafing Shed
  • Lot Size Sq Ft: 102802.0
  • Zoning Description: UNZON

Multi Family

  • Electric Expense: 235.0

Tax Info

  • Tax Annual Amount: 3972.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,973 $390,700 $79,669 $311,031
2024 $3,973 $369,600 $73,138 $296,462
2023 $3,937 $369,600 $73,138 $296,462
2022 $2,587 $291,200 $0 $0
2021 $3,550 $291,200 $0 $0
2020 $3,505 $285,200 $0 $0
2019 $3,562 $285,200 $0 $0
2018 $3,326 $253,700 $0 $0
2017 $1,899 $253,700 $0 $0
2016 $2,417 $244,700 $0 $0
2015 $2,341 $244,700 $0 $0
2014 $2,112 $114,109 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Price Changed $409,000 -2.4% $177 / Sq Ft
09/16/2025 09/16/25 Price Changed $419,000 -2.3% $181 / Sq Ft
07/30/2025 07/30/25 Price Changed $429,000 -4.7% $186 / Sq Ft
07/02/2025 07/02/25 For Sale $450,000 -- $195 / Sq Ft
Source: Billings Multiple Listing Service

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $369,570 No Value Available
Source: Public Records

Source: Billings Multiple Listing Service

MLS Number: 353995

Billings Multiple Listing Service

APN: 03-1034-27-2-14-02-0000

Montana Yellowstone County Billings 59101

721 Cave Rd, Billings, MT

Under Contract

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Nearby Homes
Listing Agent
Michael Leo
Section Image
Keller Williams Yellowstone Properties
(406) 668-6395