Set on 46.43± acres at the base of the majestic Beartooth Mountains, this exceptional Montana property offers the perfect blend of history, privacy, and opportunity just minutes from downtown Red Lodge. The beautifully updated 2-bedroom, 1-bath homestead blends timeless character with modern comforts, including a new Trane heating and cooling system, updated bathroom, and expansive floor-to-ceiling windows that frame breathtaking mountain views. The newly constructed south-facing covered deck offers spectacular views of Red Lodge Mountain and is the perfect place to enjoy your morning coffee or Montana's unforgettable sunsets. Ideal for horses, livestock, or a hobby farm, the property features a barn, updated corrals, chicken coop, greenhouse, additional cabin/studio, and a unique boxcar workshop. Recent improvements include underground power to the home and barn, a new water line to the barn, improved road access, and extensive perimeter and cross fencing. An artesian well feeds a natural spring and creek, adding both beauty and a connection to the property's Finnish homestead history dating back to the 1930s. Whether you're looking for a full-time residence, recreational retreat, horse property, or investment opportunity, this remarkable offering delivers. With its proximity to Red Lodge and year-round recreation, the property also offers excellent potential as a short-term vacation rental. Surrounded by panoramic Beartooth Mountain views, abundant wildlife, and convenient access to hiking, fishing, skiing, and endless outdoor adventures, this is a rare opportunity to own a truly special piece of Montana.