Beautiful Montana Cabin For Under $300k? Yep, But There’s A Catch
Dream of owning a home in or around Bozeman? You're not alone. Now, what if that house was in the beautiful Hyalite Canyon? This area is developed, highly sought out, and has some of the most beautiful scenery in the state.
Now, what if there was a cabin for sale there for under $300k? You most likely wouldn't believe it. At the very least, you'd ask, "What's the catch?"
This cute cabin in the highly desired Hyalite Canyon is listed at $243,000, and is a steal of a deal, BUT it does have some stipulations. This remote cabin is a Forest Service cabin and has apparently been standing strong since the early 1900s. It's rumored to have been built as a retreat for nurses in 1911.
You will find that this cabin comes with power, phone service, gravity-fed spring water, AND a strongly built outhouse.
"Its walls have seen countless cribbage games, pig roasts, bachelor parties, honeymoons, and everything in between - and is ready for its next steward to add their own chapter to its history!" -Zillow Website
So what are the kickers? Unfortunately, Forest Service Residents CAN NOT be full-time. So what does that mean? Basically, you can only live here part-time, even though you would own the home.
You can not make a profit off the home, either personally or commercially, so for the time you are not living there, you can't rent it out and make some extra income off of it.
There is no financing available for this purchase, as the cabin doesn't qualify for it—you must be a cash buyer.
Lastly, you must be able to obtain an "FS Special Use Permit". This is required because, although you would own the cabin, you WOULD NOT own the land the cabin is on. The land will still belong to the USFS.
You can check out the full listing here.
Regardless of the stipulations in this listing, this cabin is still such a rare opportunity that it will not last long on the market. This piece of Montana history could be yours.
cc: Zillow