HUGE PRICE REDUCTION! Wake up to glassy water and mountain silhouettes in this one-of-a-kind lakefront property on a quiet fishing lake in Troy, Montana. With no gas motors allowed, the water stays calm and clean; perfect for morning paddles in your canoe or peaceful afternoons on the floating dock. This property is one of the rare few with true private access, complete with dock, boat storage, and room to roam. Watch the sunrise over the lake from the covered wraparound porch, spend evenings around the fire pit, and take in views that never get old. The spacious shop includes a built-in oil change bay and workspace, plus there’s a carport, covered breezeway entry and dog kennel. Inside you’ll find two living areas, a bonus kitchenette, jacuzzi tub, walk-out basement, and room to relax after days well spent outdoors. If you’ve been looking for Montana lake life (without the crowds) this is the place.
Single-familyProperty Type
1991Year Built
1.04 acresLot Size
$260Price/Sq.Ft.
2 garage spacesParking
Listed by Joe Gandolfi• Coldwell Banker Mountain Properties
Listed by Brianna Neater• Coldwell Banker Mountain Properties
Bought with Erika Carlberg• CENTURY 21 Summit Realty
Remarks: Beautiful home on Milnor Lake. This home is almost 2 homes in one. The main floor has an open floor plan, with kitchen, living area. The master suite is on the main floor. Laundry room is also on main floor. Large windows to sit and watch the lake and the view the mountains. on the lower level, there is another sitting area, 2 large bedrooms, each with an entrance from the lower patio. Small kitchen and wonderful large bath. A large wrap around deck, shop , 2 car garage and great landscaping. A Generac Propane generator to make sure you always have power. The dock extends into the lake for great swimming or fishing. Milnor is a NON MOTORIZED lake. great for canoes, kayaks and kids. FURNITURE TO STAY. Call Lynn Ward 406-291-2310 or your Real Estate professional
Public Records
Oct 22, 2012
Sold
—
Public Records
Dec 4, 2000
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$6,293 (+40.1%)
$184,200 + $587,580
$771,780
2024
$4,493 (+4.5%)
$184,200 + $1,005,300
$1,189,500
2023
$4,297 (+30.2%)
$172,800 + $485,000
$657,800
2022
$3,301 (+9.4%)
$172,800 + $485,000
$657,800
2021
$3,017 (+8.9%)
$94,000 + $266,600
$360,600
2020
$2,769 (−1.0%)
$94,000 + $252,000
$346,000
2019
$2,798 (−3.4%)
$94,000 + $199,800
$293,800
2018
$2,895 (+3.3%)
$94,000 + $199,800
$293,800
2017
$2,802 (+13.5%)
$81,500 + $225,700
$307,200
2016
$2,469 (+1.2%)
$81,500 + $225,700
$307,200
2015
$2,440 (−7.3%)
$79,025 + $189,675
$268,700
2014
$2,631
$79,025 + $189,675
$268,700
Tax history for 511 N Milnor Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,293 (+40.1%)
$184,200 + $587,580
$771,780
2024
$4,493 (+4.5%)
$184,200 + $1,005,300
$1,189,500
2023
$4,297 (+30.2%)
$172,800 + $485,000
$657,800
2022
$3,301 (+9.4%)
$172,800 + $485,000
$657,800
2021
$3,017 (+8.9%)
$94,000 + $266,600
$360,600
2020
$2,769 (−1.0%)
$94,000 + $252,000
$346,000
2019
$2,798 (−3.4%)
$94,000 + $199,800
$293,800
2018
$2,895 (+3.3%)
$94,000 + $199,800
$293,800
2017
$2,802 (+13.5%)
$81,500 + $225,700
$307,200
2016
$2,469 (+1.2%)
$81,500 + $225,700
$307,200
2015
$2,440 (−7.3%)
$79,025 + $189,675
$268,700
2014
$2,631
$79,025 + $189,675
$268,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
88 ft.
Lot depth
200 ft.
Lot size
1.04 Acres
Year renovated
2005
Sq. Ft.
2,880
Year built
1991
Style
Single Family Residential
County
Lincoln County
APN
56-4281-28-4-01-17-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 2, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Has Carport
# of Carport Spaces: 1
Parking Features: Additional Parking, Garage, Garage Door Opener
Directions: Head west on Hwy 2 towards Troy, left onto Hwy 56/Bull Lake Rd. Right onto N. Milnor Lake Rd, right onto N. Milnor Lake Rd for about 1/2 mile, home is on the left. Sign in yard.
Subdivision Name: Marvel's Manor
Community Information
Community Features: Fishing, Lake
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,880
Stories: 1.0
Lot Size: 1.04 acres
Style: Single Family Residential
Year Built: 1991
Year Renovated: 2005
County: Lincoln County
APN: 56-4281-28-4-01-17-0000
Home facts updated by county records on Nov 2, 2026
Other
Listing Information
List AOR: NorthwestMontanaAssociationOfRealtors
Listing and Selling Team Information
List Team Name: Brix Co.
Around this home
Schools
K - 12
Preschool & daycare
W F Morrison School
Public PreK-5 • Assigned • 4.1mi
7/10
Troy 7-8
Public 6-8 • Assigned • 4.5mi
6/10
Troy High School
Public 9-12 • Assigned • 4.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 87° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
17 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Troy, MT • 59935
Average low and high temperatures (°F)
35
25
40
26
51
34
60
36
72
45
77
50
87
55
86
57
81
52
56
38
43
35
39
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 1.9 hours in December, placing it below the
U.S. average for solar exposure.