Paradise Valley

Investment opportunity near Yellowstone National Park! This property offers the perfect location for short or long-term rentals, presenting a chance to capitalize on the thriving rental market in the very sought-after Gardiner, Montana area. The centerpiece of this exceptional estate is a captivating 3-bedroom, 2 1/2 bath cabin, boasting a harmonious blend of comfort and style. Imagine cozy evenings by the wood fireplace, creating cherished memories with loved ones. Hardwood floors exude elegance, adding a touch of refinement to the living spaces. For added flexibility and income potential, a separate 2-bedroom, single-bath apartment is a valuable feature. This space can accommodate smaller groups or couples seeking privacy, maximizing your rental income possibilities. With a double attached garage, the property spans across a generous one acre tract, featuring an enchanting Aspen grove that adds natural beauty and a sense of tranquility to the surroundings. Embrace the proximity to the legendary Yellowstone River, offering fantastic fishing opportunities for outdoor enthusiasts and anglers. One of the notable advantages of this property is that it comes with no covenants, allowing for more flexibility and freedom to explore various possibilities. In the Gardiner area, the demand for rentals is exceptionally high, making this investment all the more appealing. Take advantage of the stream of visitors yearning for memorable experiences in this breathtaking location. The icing on the cake is the breathtaking mountain views that surround this property. Immerse yourself in the majesty of towering peaks and let the beauty of nature be your daily inspiration. Don't miss out on this remarkable Montana real estate gem. Whether you seek a rental investment or a personal retreat, this property offers the perfect balance of potential and beauty. Act now to secure your place in this prime location! Contact us today to schedule a private showing and embark on an exciting journey to owning this extraordinary opportunity. Cross-posted as MLS# 392679.

1065 US Highway 89 S, Gardiner

$749,000

396973 MLS

Located in the heart of Paradise Valley, this remarkable home offers unobstructed views of Electric Peak and Yankee Jim Canyon. The expansive 4.422-acre lot features multiple potential building sites. The spacious main level includes a master suite with a full en-suite bathroom featuring a jacuzzi tub, three additional bedrooms, one more bathroom, an updated kitchen, dining room, family room, and a mudroom. Enjoy the convenience of a carpet-free home, making maintenance effortless. The basement ADU, currently undergoing renovations, includes one bedroom, one bathroom, a kitchen, living room, and access to the shared laundry room, providing excellent options for additional living space or rental income. This property also boasts an oversized two-car garage with ample storage. Step out onto the expansive porch, ideal for outdoor entertaining. Just minutes from Yellowstone River fishing access and a short drive from the charming town of Livingston and the breathtaking Yellowstone National Park, this property presents a wealth of possibilities. Secure your piece of Paradise—schedule a viewing today!

5 Aquila Lane, Emigrant

$575,000

396967 MLS

Located in North Glastonbury overlooking the heart of Paradise Valley sits this comfortable home that has a full walk-out basement apartment. The upstairs main living space offers 2 bedrooms and 2 bathrooms, a full kitchen and living room complete with a wood stove. The downstairs level serves as a separate apartment with its own outdoor entrance with 1 bedroom, 1 bathroom, a living room and full kitchen. Both levels could be used as a single family home or rent out one of the levels for added income. Abundant storage is available with a detached garage/shop with a fully finished upstairs office/studio/bonus room, not to mention the 1-car attached garage. With Livingston approx. 1/2 hour way to the north and Yellowstone National Park 1/2 hour way to the south, this home is situated in a location superb for endless recreation. Schedule your showing today!

71 Capricorn Drive, Emigrant

$575,000

3 Beds ⋅ 3 Baths ⋅ 396807 MLS

Located in North Glastonbury overlooking the heart of Paradise Valley sits this comfortable home that has a full walk-out basement apartment. The upstairs main living space offers 2 bedrooms and 2 bathrooms, a full kitchen and living room complete with a wood stove. The downstairs level serves as a separate apartment with its own outdoor entrance with 1 bedroom, 1 bathroom, a living room and full kitchen. Both levels could be used as a single family home or rent out one of the levels for added income. Abundant storage is available with a detached garage/shop with a fully finished upstairs office/studio/bonus room, not to mention the 1-car attached garage. With Livingston approx. 1/2 hour way to the north and Yellowstone National Park 1/2 hour way to the south, this home is situated in a location superb for endless recreation. Schedule your showing today!

71 Capricorn Drive, Emigrant

$2,600,000

396781 MLS

Take a look at this historic, investment dream-property in the heart of Paradise Valley, just north of Yellowstone's only year-round entrance. Located just a few minutes from famous Chico Hot Springs and Emigrant, and a short drive to Yellowstone, while also a comfortable distance from Livingston/Bozeman. This property has it all: Breathtaking Montana views nestled near the foot of the Absaroka-Beartooth Wilderness with a dozen or more mountain peaks over 10,000 in sight. This property also has a diverse rental income history, with room to explode rental income by taking advantage of new septic approvals for 8 cabins+ in the 3 acre unzoned field out back, 4 beautiful and modern STR units making excellent income, 1 RV spot, 1 LTR unit, management in place, and a historic and well-known General Store with a solid commercial tenant on month to month lease. This is a property steeped in history of Montana's Wild West and Park County, and was a focal point for the local community in the early 1900's. You can learn more about the town and its previous owners by searching "Last Best Stories Owning Pray". This is a cash-flowing property that has plenty of room to grow, and a diversified income. This property boasts over $300k+ in rental income for 2023, higher projected income for 2024, and with $100k in booked reservations for 2025. The property is composed of 3 brand new Amish built log cabins with 2 beds, 1 bath on crawlspace foundations and outfitted for turnkey STR operations. There is a newish (2008) duplex, updated recently (2019) features 1 outfitted and turnkey STR, and 1 LTR, on slab. Between the cabins and duplex is a US Post Office which draws traffic to the location, and whose lease renews every 5 years. Then, there is the General Store, a historic 1900's icon of Paradise Valley, which has a new lease as of the 3rd quarter of 2024. Tenant will be a bookshop/antique business. And finally, out back, there are an additional 3 acres of unzoned land with septic design approvals for an additional 8 cabins. Or you can redevelop that however you wish! The land out back is really a blank canvas waiting for the next ambitious owner to take the reins, and grow this property's income. PnL, projections, septic designs, and more, available for you and your CPA with a signed NDA and proof of funds. No owner financing. Listing agent has lease a month to month lease on General Store.

1392 E River, Pray

$2,600,000

396779 MLS

Take a look at this historic, investment dream-property in the heart of Paradise Valley, just north of Yellowstone's only year-round entrance. Located just a few minutes from famous Chico Hot Springs and Emigrant, and a short drive to Yellowstone, while also a comfortable distance from Livingston/Bozeman. This property has it all: Breathtaking Montana views nestled near the foot of the Absaroka-Beartooth Wilderness with a dozen or more mountain peaks over 10,000 in sight. This property also has a diverse rental income history, with room to explode rental income by taking advantage of new septic approvals for 8 cabins+ in the 3 acre unzoned field out back, 4 beautiful and modern STR units making excellent income, 1 RV spot, 1 LTR unit, management in place, and a historic and well-known General Store with a solid commercial tenant on month to month lease. This is a property steeped in history of Montana's Wild West and Park County, and was a focal point for the local community in the early 1900's. You can learn more about the town and previous owners by searching "Last Best Stories Owning Pray". This is a cash-flowing property that has plenty of room to grow, and a diversified income. This property boasts over $300k+ in rental income for 2023, higher projected income for 2024, and with $100k in booked reservations for 2025. The property is composed of 3 brand new Amish built log cabins with 2 beds, 1 bath on crawlspace foundations and outfitted for turnkey STR operations. There is a newish (2008) duplex, updated recently (2019) features 1 outfitted and turnkey STR, and 1 LTR, on slab. Between the cabins and duplex is a US Post Office which draws traffic to the location, and whose lease renews every 5 years. Then, there is the General Store, a historic 1900's icon of Paradise Valley, which has a new lease as of the 3rd quarter of 2024. Tenant will be a bookshop/antique business. And finally, out back, there are an additional 3 acres of unzoned land with septic design approvals for an additional 8 cabins. Or you can redevelop that however you wish! The land out back is really a blank canvas waiting for the next ambitious owner to take the reins, and grow this property's income. PnL, projections, septic designs, and more, available for you and your CPA with a signed NDA and proof of funds. No owner financing. Listing agent has lease a month to month lease on General Store.

1392 E River, Pray

$2,250,000

396659 MLS

Discover a world of possibilities with this exceptional property. Whether you’re looking to own a flourishing vacation rental business or explore long-term rental options, this prime location just outside Yellowstone National Park offers unmatched potential. Built in 2020, the property features fully-equipped, turnkey apartments with impeccable design. Each unit includes two bedrooms, a full bath, upscale finishes, in-unit laundry, and tasteful furnishings with all essential appliances. Accessibility is a key feature, with one ground-level unit being ADA compliant, while all units offer spacious doorways and single-level living for added comfort. Located just steps from the stunning Yellowstone River, the historic Roosevelt Arch, and Yellowstone National Park’s only year-round entrance, this property boasts an unbeatable location, providing easy access to the region's diverse amenities throughout the year. Seller financing is possible.

301 Spring Street, Gardiner

$749,000

5 Beds ⋅ 3 Baths ⋅ 394511 MLS

Located in the heart of the Paradise Valley, this home encompasses unobstructed, stellar mountain views of Electric Peak and down into Yankee Jim Canyon. There are multiple build sites on this large 4.422 acre lot! The spacious main level includes the master suite accompanied by a full en-suite bathroom with jacuzzi tub, 3 additional bedrooms, 1 additional bathroom, a spacious updated kitchen, dining room, family room and mud room. Throw out that heavy carpet shampooer because clean up is a breeze in this carpet-free home! The basement ADU, currently under renovation, features 1 bedroom, 1 bathroom, a kitchen, living room, and access to a shared laundry room, making it an excellent option for additional living space or rental income. All that plus an oversized 2 car garage with tons of storage space.. Step out onto the large porch perfect for grillin' or chillin'! Only minutes from Yellowstone River fishing access, 30 minutes away from both the picturesque town of Livingston and breathtaking Yellowstone National Park, this property offers a nearly endless amount of possibilities. Secure your slice of Paradise -- come take a look today!

5 Aquila Lane, Emigrant

$249,000

394836 MLS

Over 2.5 acres in the heart of Paradise Valley, this property is located amidst the breathtaking landscapes of the Absaroka mountains and the Yellowstone River valley, approximately 28 miles from Livingston and 36 miles to Yellowstone National Park, with year-round access, world-class fishing, hiking, and outdoor adventures just moments away. This multi-level parcel has several building site options, power close by and a well in place. As you explore this unique property, you'll find a 900+SF blast/bomb/storm shelter 10 feet underground, providing security and peace of mind in any situation. Built to FEMA specs in 1989 with 200psi blast doors and blast shutters, a Swiss Loja filter system, oven, fridge, washer/dryer, bunk beds, and a generator, ready to go with hookups for electric and solar power as well. It hasn't been used for some time so it may need some TLC to be fully operational - or consider converting it to a wine cellar or use as geothermal heating/cooling for a new home above. The South Glastonbury subdivision offers all land owners private access to the national forest. And the views are spectacular with Emigrant Peak to the east, Dome Mountain to the southeast and the beautiful Tom Minor Basin, and Sawtooth and Ramshorn Peaks to the south. This is a rare opportunity to own a slice of paradise, with the added benefit of preparedness for whatever the future may hold. Whether you're looking to build your dream home or simply invest in a secure and beautiful piece of land, this property offers endless possibilities. Come see it today!

7 Aquila Lane, Emigrant

$3,475,000

4 Beds ⋅ 3 Baths ⋅ 394847 MLS

Tom Miner Retreat! Extremely rare chance at a very special property bordering Tom Miner Creek and just minutes from the world-renowned Yellowstone River. Local wildlife are frequent visitors to this 20-acre mountain property. With 4 charming cabins, each with its own truly special history and personality, this property would make a wonderful family or corporate retreat. The cabins are currently very popular as short-term vacation rentals. "Yellowstone Cabin" was built with reclaimed log from a 1906 cabin and aged barn wood to create a rustic ambiance with modern touches and spectacular views into Paradise Valley. "Grizzly Meadows Cottage" is total rustic charm, tucked into a stand of Cottonwood trees and accessed by a wooden bridge that crosses an irrigation channel and leads to rock steps and the relaxing, private front porch. "ValleyView" is a guest house of Grizzly Meadows Cottage and boasts a rough-cut wood frame, with high ceilings and wooded beams, two porches and a sunroom with large south-facing windows as well as a detached garage. "Creekside Cabin" is the smallest of the bunch and has a primitive charm that can't be beat. Enjoy "roughing it" with a cozy loft for sleeping, limited utilities and the sound of Tom Miner Creek to keep you company while you relax in the fully screened porch. Tom Miner Retreat is located approx 30-minutes drive from Yellowstone National Park and about an hour and 15 minutes from Bozeman Yellowstone International Airport. The property comes with irrigation water rights, owned by a local association, and it has two wells to service the larger three cabins. Don't miss your chance to live your Montana dream with this truly unique and special offering.

1859 Old Yellowstone Trail S, Emigrant

Recent Paradise Valley Property for Sale