519 1st Street, Helena, MT 59601
Lewis and Clark County
Key Facts
Description
An extraordinary opportunity to create one of Helena's premier legacy properties. This exceptionally rare 5.2-acre parcel in the coveted South Central neighborhood borders Mount Ascension and has preliminary city approval for a second residence, offering the potential for a spectacular custom home with breathtaking views, unmatched trail access, and walkable access to downtown Helena. With direct access to the Davis Street trailheads and the Little Moab Trail crossing the property, outdoor recreation begins right from your backyard. Tucked at the end of a private cul-de-sac, the existing 2-bedroom, 1-bath home was fully renovated in 2012 and has since been updated with a new combi boiler providing in-floor radiant heat and a brand-new roof. Enjoy the expansive back deck, 250 SF workshop/shed, treehouse, mature ponderosas, wildflowers, and views of the Sleeping Giant and Cathedral from the upstairs bedroom. Preliminary city approval has been obtained for a second residence, subject to final review and permitting, creating a rare opportunity to enjoy the property today while planning a future custom home. Don't miss this chance to build your dream home with 360-degree views at the base of Mount Ascension while owning one of the few properties in Helena that combines acreage, walkability, and direct trail access.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1885
Living Area
994 sq ft
Lot Size
5.23 acres
Days on Market
9
MLS® Listing#
30074304
Property Features
Exterior
Appliances
Cooling
Heating
Basement
Parking
Laundry
Patio
Lot Features
Foundation
Roof
Other Structures
Utilities
Financial Details
HOA
None
Annual Taxes
$4,243
Tax year 2025
Parcel Number
05188831301770000
Directions
From the Capitol Building, head West on Broadway, turn South on Davis Gulch, turn Left to head East on 1st Street. House is at the end of the block to the right. Park in the front or pull into the driveway.
Affordability Calculator
$139,000
Estimated monthly payment
$3,699/mo
Principal $556,000 · Est. interest $775,669 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Helena, MT
- $546,341
- Median Listing Price
- 50
- Median Days on Market
- 2,173
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 248
- Active Listings
- This home’s price is 27% above the area median.
- Its price per sq ft is 162% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Helena, MT.
Location
Points of Interest in Helena, MT
Showing the Helena area map.
Nearby Schools
Capital City Consultants
School · 0.3 mi away
Mountainside Montessori
Elementary · 0.3 mi away
Green Arts Montessori
Elementary · 0.5 mi away
Central Elementary School
Elementary · 0.7 mi away
Jefferson Elementary School
Elementary · 0.7 mi away
Mhsa - Montana High School Association
Secondary · 0.8 mi away
Hawthorne Elementary School
Elementary · 0.9 mi away
Helena Middle School
Secondary · 1.2 mi away
Childrens Garden Preschool
School · 1.3 mi away
Helena High School
Secondary · 1.3 mi away
C R Anderson Middle School
Secondary · 1.6 mi away
Bryant Elementary School
Elementary · 1.6 mi away
Broadwater Elementary School
Elementary · 1.7 mi away
First Lutheran Church and School
School · 1.8 mi away
Smith Elementary School
Elementary · 1.9 mi away
Central School
Elementary · 1.9 mi away
St Andrew School
Secondary · 2.1 mi away
Helena College of Technology Welding Lab
School · 2.4 mi away
Capital High School
Secondary · 2.5 mi away
Four Georgians Elementary School
Elementary · 2.5 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 |
|---|---|---|---|---|
| 5855 Winter Wheat Drive, Helena, MT | $489,900 | 3 | 2 | 1,332 |
| 155 Meadow View Loop, East Helena, MT | $489,900 | 3 | 2 | 2,316 |
| 4445 Banner Creek Road, Helena, MT | $489,900 | 3 | 2 | 4,480 |
| 2925 Travis Avenue, Helena, MT | $494,900 | 3 | 3 | 1,580 |
| 631 Rhode Island Street, Helena, MT | $495,000 | 1 | 1 | 825 |
| 1020 11th Avenue, Helena, MT | $499,000 | 4 | 2 | 2,158 |
Moving Cost Estimate
EXIT Agents in Helena
Listing Courtesy: Keller Williams Capital Realty - 4064492181
Presented by: Breena Buettner
Last Updated: 2026-07-07