Built as a Parade Home, this Cherry Hills property offers a great combination of space, character, and golf course views. Located on the 13th hole of Lake Hills Golf Course, the home features tall ceilings on both levels, a wood-burning fireplace, and distinctive transom windows above the doors that bring in plenty of natural light. The partially covered patio spans approximately 1,600 square feet, creating an impressive outdoor living space overlooking the course. Enjoy evenings around the gas fire pit or relax in the dedicated hot tub area. Inside, a fully finished gym adds even more versatility to the home. With its generous living spaces, unique details, and golf course setting, this is a home designed for both everyday living and entertaining.
Lake Hills, located between Lake Elmo Drive and the Heights, is a residential and outdoorsy Billings neighborhood with a chain of small lakes and wide-open sky views. The neighborhood’s character concentrates around Lake Elmo Drive near Lake Elmo State Park, where trailheads, anglers, and dog-walkers set the daily rhythm. Streets feature newer single-family builds and townhome pockets, with garages and broad setbacks that match the open terrain. Lake Elmo State Park acts as the local backdrop for paddling, shoreline loops, and winter walks. A short drive south, the Yellowstone Art Museum and Alberta Bair Theater add a cultural counterpoint to the area’s quiet, water-and-trail focus.
Provided by Walk Score and Local Logic
Market insights
340 Cherry Hills Rd · $698,000
DAYS ON MARKET
1 days
The average home goes pending in 71 days.
LIST PRICE
$698,000
Median sale price in this area is $414,044. (41% lower than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Exterior
Finance
Construction
Built in 2015
HOA & community
Heights subdivision
Electricity and solar
View estimated energy costs and solar savings for this home
Stunning custom Built 2011 Parade Home! Remarkable backyard area backs up to the 13th fairway of Lake Hills Golf Course. This architectural floor plan is a must see. Copy link https://vimeo.com/495883437 to view video. Plenty of natural light throughout the main floor. Cozy up & relax next to the custom wood burning fireplace in the living room. Rich wood trim package, transom windows, high ceilings, and hardwood floors. Custom kitchen w/ eating area that overlooks the golf course. Spacious main floor master bedroom w/ en suit bath. Huge master closet. Walk out from the master & take a dip in the hot tub under the covered patio. Backyard is a relaxing oasis. Main floor laundry w/ sink & cupboards. Have fun downstairs playing pool & enjoy the wet bar. 2 additional bedrooms, an office, & 2 full baths downstairs. New roof/gutters in 2020. SONOS speaker system, pool table, hot tub included.
Public Records
Sep 4, 2018
Sold
—
BMTMLS #285977
Sep 4, 2018
Sold
—
Jun 8, 2018
Listed
$415,000
$141/sq ft
+29
Custom built home overlooking Lake Hills fairway with warmth and light radiating throughout this homes spacious kitchen, living, and dining. Fabulous outdoor living area, backyard is an oasis. Wonder living area with tall ceilings and transom windows. Tons of custom features with built-ins, and bar in lower level. 4 bedrooms with 3.5 bathrooms and main level laundry. Hot tub stays, pool table stays
Public Records
Aug 12, 2010
Sold
—
Public Records
Sep 24, 2008
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$4,163 (−19.1%)
$107,466 + $475,234
$582,700
2024
$5,147
$107,466 + $475,234
$582,700
2023
$5,146 (+14.0%)
$103,997 + $432,603
$536,600
2022
$4,514 (+5.7%)
$103,997 + $432,603
$536,600
2021
$4,272 (−2.8%)
$77,517 + $334,483
$412,000
2020
$4,395 (+4.8%)
$77,517 + $334,183
$411,700
2019
$4,192 (+10.0%)
$75,466 + $331,434
$406,900
2018
$3,812 (+3.0%)
$75,466 + $331,434
$406,900
2017
$3,702 (+5.2%)
$83,093 + $278,007
$361,100
2016
$3,519 (+2.3%)
$83,093 + $278,007
$361,100
2015
$3,440 (−3.6%)
$79,081 + $268,219
$347,300
2014
$3,570
$79,081 + $268,219
$347,300
Public record
Public record
Zoning
Beds
4
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
2015
Finished Sq. Ft.
2,940
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,940
Year built
2011
Style
Single Family Residential
County
Yellowstone County
APN
03-1033-16-2-15-15-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
N3
Suburban Neighborhood Residential District
The N3 district is intended for residential neighborhoods primarily with single-family homes. Characteristics include wide lots and attached garages typically located on the front building façade, often greater than 35 percent of the façade. Basic setback and height parameters apply.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Day care facility
Hospital / medical center
Housing-Single unit
Educational/school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
18% chance of being in a wildfire in next 30 years
3/10 Heat Factor
6 days above 96° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Billings, MT • 59105
Average low and high temperatures (°F)
39
22
38
16
55
33
59
36
71
47
76
53
89
62
86
59
79
52
64
40
48
29
45
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.