101 E Lincoln Boulevard, Libby, MT 59923
Lincoln County
Key Facts
Description
Bring new life to one of Libby's most recognizable landmarks. Built in 1916, the Historic Libby High School stands as a striking example of Collegiate Gothic architecture and was proudly placed on the National Register of Historic Places in 2008. Situated on a 1.74 acre lot in the heart of downtown Libby, Montana, this impressive approximately 30,000 square foot brick structure offers two floors plus a full basement and tremendous redevelopment potential. The building is currently in the demolition and reconstruction phase, leaving a mostly open shell ready for visionary transformation. While the structure requires extensive repairs, the bones of the building remain, including soaring 12-foot ceilings, and distinctive architectural details that create the perfect canvas for an adaptive reuse project. More This property presents an exceptional opportunity to develop loft-style apartments, mixed-use commercial and residential space, creative live/work units or boutique hospitality or community-focused redevelopment. Its central downtown location places the project within walking distance of Libby's businesses, services, and community amenities, making it ideal for a vibrant redevelopment. Even more compelling, the project qualifies for significant preservation incentives, including, a Federal Historic Rehabilitation Tax Credit and a Montana Historic Preservation Tax Credit. These programs can substantially offset renovation costs and make restoring this landmark financially attractive. Help bring this iconic structure back to life -- and create the project everyone in town will be talking about!
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
Other
Year Built
1916
Living Area
30,000 sq ft
Lot Size
1.74 acres
Days on Market
113
MLS® Listing#
30066399
Property Features
Basement
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$2,056
Tax year 2025
Parcel Number
56417503326040000
Directions
From the intersection of Hwy 2 and Mineral Ave. go north on block. Property is on the right.
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Libby, MT
- $442,105
- Median Listing Price
- 84
- Median Days on Market
- 1,603
- Median Sq Ft
- $258
- Median Price / Sq Ft
- 86
- Active Listings
- This home’s price is 115% above the area median.
- Its price per sq ft is 88% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Libby, MT.
Location
Getting Around
Points of Interest in Libby, MT
Showing the Libby area map.
Nearby Schools
Libby Public Schools
School · 0.1 mi away
Kootenai Valley Christian School
School · 0.2 mi away
Asa Wood Elementary School
Elementary · 0.3 mi away
Libby High School
Secondary · 0.9 mi away
Libby Elementary School
Elementary · 0.9 mi away
Libby Adventist Christian School
School · 1.3 mi away
Headstart Kootenai Valley
School · 1.4 mi away
W F Morrison School
Elementary · 16.3 mi away
Troy High School
Secondary · 16.6 mi away
McCormick Elementary School
Elementary · 27.2 mi away
Noxon Public Schools
Secondary · 29.2 mi away
Yaak School
Elementary · 31.6 mi away
Pleasant Valley School
Elementary · 32.0 mi away
Clark Fork Junior Senior High School
Secondary · 33.2 mi away
Hope Elementary School
Elementary · 34.8 mi away
Trego School
Elementary · 37.8 mi away
Trout Creek School
Elementary · 38.1 mi away
Fortine School
Elementary · 39.4 mi away
Boundary County School District 101
School · 40.5 mi away
Naples Elementary School
Elementary · 40.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Nhn Vermillion Creek Road, Libby, MT | $688,500 | — | — | — |
| 6367 Kootenai River Road, Libby, MT | $699,000 | 3 | 3 | 2,630 |
| 117 E Commerce Way, Libby, MT | $700,000 | — | — | 10,000 |
| 1741 Warland Road, Libby, MT | $720,000 | 4 | 2 | 1,241 |
| 41915 US Highway 2, Libby, MT | $730,000 | 4 | 3 | 1,640 |
| 312 Lodge Pole Way, Libby, MT | $744,900 | 3 | 2 | 1,890 |
Moving Cost Estimate
EXIT Agents in Libby
Listing Courtesy: CENTURY 21 Summit Realty - 4062935107
Presented by: Steven McNulty
Last Updated: 2026-03-09