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 tastefully updated 2-bedroom, 1-bath homestead retains its timeless character while featuring modern comforts, including a new Trane heating and cooling system, an updated bathroom, and expansive floor-to-ceiling windows that showcase breathtaking mountain views while filling the home with natural light. Step outside onto the newly constructed south-facing covered deck and take in spectacular views of Red Lodge Mountain-the perfect setting to enjoy your morning coffee, entertain guests, or relax while watching Montana's unforgettable sunsets. Designed for those seeking a true Montana lifestyle, the property is fully equipped with a barn, updated corrals, chicken coop, greenhouse, additional cabin/studio, and a unique boxcar workshop offering endless possibilities for hobbies, storage, or creative pursuits. Recent infrastructure 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, making the property well suited for horses or livestock. An artesian well feeds a natural spring and creek, adding both beauty and a unique connection to the property's Finnish homestead history dating back to the 1930s. Whether you're searching for a horse property, hobby farm, recreational retreat, or investment opportunity, this remarkable offering provides room to grow and enjoy Montana's unmatched beauty. Existing plans and permitting for additional rental units, along with the property's desirable location near Red Lodge and year-round recreation, create outstanding potential for a short-term vacation rental, guest ranch, or income-producing investment. With panoramic Beartooth Mountain views, abundant wildlife, and easy access to hiking, fishing, skiing, and countless outdoor adventures, this is a rare opportunity to own a truly special piece of Montana.