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$1,100,000
397361 MLS
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

$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

$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

$3,475,000
394796 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. "Valley View" 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 approximately 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

$4,250,000
3 Beds 4 Baths 394411 MLS
Escape to the untamed beauty of this freshly finished, custom log home resting upon 135 pristine acres in the foothills of Electric Peak, the highest point in Northern Yellowstone National Park. This gorgeous home offers inexhaustible views of Montana's stunning landscapes, and the land includes multiple build sites plus a small cabin, adding to the property's appeal. The 3,542 sq ft main residence features 3 bedrooms, 4-3/4 baths, and an office that can serve as a fourth bedroom. Soaring ceilings, wood floors, and granite throughout the kitchen and bathrooms will leave you feeling as though you are living in a high-end mountain lodge. With its generous living areas, you will have ample space to entertain guests or simply retreat in tranquil solitude. Floor-to-ceiling windows frame a grass-swept field leading to stunning, unobstructed, panoramic views of the Absaroka Mountains. Here, you can experience the enchantment of witnessing moose, elk, bear, deer, and almost all of Yellowstone's wildlife from your backyard. Close by, yet out of view of the primary home, lays a rustic dry cabin with one bedroom, a kitchen and living area, and an entryway. This cabin is a relic of this property's rich history, as the land was previously owned by one of the first ranching families who settled Gardiner in the 1800s. Enjoy nearby public access to the Yellowstone River and Forest Service land, which offer endless recreational opportunities including floating, hunting, fishing, and hiking. For amenities and exploration, the quaint town of Gardiner and the historic Roosevelt Arch, the ceremonial entrance to Yellowstone National Park, is just 25 minutes away. Livingston is an hour's drive, with Bozeman 35 minutes beyond. Paradise Valley is also nearby, offering live music and dining at venues such as the Old Saloon, Sage Lodge, Music Ranch Montana, and Chico Hot Springs. No commercial activity is allowed on this property, which is comprised of two deeded lots. Some of the water footage in the media is on the access easement, not the subject property. The Buyer is to verify all information. Property in this area is extremely rare. Do not miss your chance to become a neighbor to Yellowstone National Park, one of America's most treasured natural wonders! Call now to schedule a private showing and make this extraordinary property your own.

TBD Mol Heron Creek Road, Gardiner

$1,100,000
3 Beds 3 Baths 392679 MLS
Discover your perfect Montana cabin retreat just moments from Yellowstone National Park! This incredible property offers everything you need, starting with a charming 3-bedroom, 2 1/2 bath cabin on a spacious 1-acre lot. There's also a cozy 2-bedroom, 1-bath apartment, perfect for guests or as an investment. Step into the main cabin and be welcomed by the cozy wood fireplace, ideal for those crisp mountain evenings. The hardwood floors add a touch of elegance while blending seamlessly with the rustic charm of the area. With your own private well, you can maintain your beautiful aspen grove and lush lawn with ease. Spend your evenings in the backyard oasis, soaking in the serene atmosphere and natural beauty. The property also includes a double attached garage, providing plenty of space for your vehicles and storage. Located in a high-demand area, this property is a fantastic investment opportunity. Whether you're looking to rent to long-term tenants or vacationers eager to explore Yellowstone, the thriving rental market offers great potential. Outdoor enthusiasts will love the proximity to exploring Yellowstone National Park as well as wetting your line in the world-renowned Yellowstone River, a fishing paradise where you can cast your line and reel in trout amidst breathtaking landscapes. Don't miss this chance to own a slice of Montana paradise! Whether you're seeking a tranquil mountain getaway or a smart investment, this property offers endless possibilities. Schedule a viewing today and make your Montana dreams come true!

1065 US Highway 89 S, Gardiner

$2,950,000
7 Beds 8 Baths 392241 MLS
Welcome to this once in a lifetime, one of a kind custom home on the banks of the Yellowstone river and minutes from Yellowstone National Park. Designed and built by artists, each element of this home has been carefully and thoughtfully crafted and designed. Using reclaimed historic materials, hand crafted lighting, and fine antiques, you will not find another home like this one. Each room of the home was designed to enjoy the magnificent views of the Yellowstone river and the rugged open space of America's first National Park. You can completely forget you are in town as you sit and sip your coffee and watch the bald eagles soar above the river, hawks as they fish for their breakfast, and deer nestling in the shade of the Junipers. The home was designed to be used as a residence and also a gallery space plus guest lodging. There are a total of 7 bedrooms, 7 and a half bathrooms, and two custom kitchens with LaCanche ranges and soapstone countertops. The custom stone fireplace is the “Heart Of The Home” and can be seen from the kitchen, dining room and living room.  The “wood fired pizza oven” is always a hit for guests and great homemade meals. Pizza, calzones, bread all taste better with a little smoke added and there’s nothing better than curling up by the fire with a book and blanket. The possibilities are endless with this property. It would make a great commercial endeavor (lodging, restaurant, events) or commercial/residential blend. Or occupy the entire home as a legacy family retreat space! No matter what room you are in you will feel the custom artistic touches and the wild beauty of nature out of the massive windows. And yet you are right in the town of Gardiner, with its shopping, restaurants and quaint community feel.

1007 Scott Street W, Gardiner

$592,500
3 Beds 3 Baths 392001 MLS
Located in the heart of Paradise Valley midway between Livingston and Yellowstone National Park, this split-level home offers a variety of configurations depending on intended use. It is currently set up as two distinct living areas, each on its own level and separated via a lockable door. The main floor's living room opens to a spacious deck offering an impressive view of Emigrant Peak and the Absaroka Range. A newly constructed redwood deck on the other side of the home, accessed from the dining area, provides additional westward views and a bit of privacy and shade to the downstairs walkout patio. Past the kitchen is a guest bedroom and full bathroom, laundry area, a primary bedroom with en suite bathroom and spacious walk-in closet. The downstairs daylight basement apartment features a living room, kitchen, bedroom, full bathroom, laundry area, and non-conforming bedroom along with the mechanical room. The main level flooring is hardwood while the lower is comprised of slate tile. The entire home is heated via baseboard heat powered by a recently installed hot water on demand tankless boiler. Outside, there is a detached two car garage and a storage shed. This house rests on two full acres and its current layout offers numerous income producing rental options or you can utilize it solely as a single family home. Either way, this is your opportunity to leave the city lights behind to experience life under the stars in Paradise Valley! *Link to video walkthrough available upon request.

3 Evening Star Drive, Emigrant

$1,325,000
391781 MLS
Paradise Valley Oasis, Cabins, Events with potential Onsite Management opportunity. Nestled in the heart of Paradise Valley, Montana, this unique property offers a blend of income potential and comfortable living space. Ideal for an owner-operator or on-site manager, it features Six charming cabins, perfect for nightly rentals (currently listed on Airbnb with no minimum stay requirement) and offering overflow accommodation for weddings, concerts, or Yellowstone National Park visitors and local visitors to the area. Cabins could also book groups of anglers, hunters, and various other gatherings that could book all cabins and area at once. Each cabin features a queen bed, twin bunk beds, a bathroom, and a kitchenette. This is a prime location, convenient to Yellowstone National Park, Yellowstone River, Chico Hot Springs, Sage Lodge, Pine Creek Lodge Music Venue, Old Saloon Music Venue and entertainment, and Emigrant, MT. Relaxing atmosphere, enjoy breathtaking mountain views while sipping coffee on your private cabin porch or from the covered front porch located on the owner's suite. Live comfortably in a spacious 700 sq. ft. Owner/Manager Suite with a kitchen, living room, bedroom, bathroom/laundry, and covered porch. The suite boasts stunning Absoroka mountain views and an attached garage/shop with high ceilings, double overhead doors, and additional mezzanine storage. The shop has 14' interior ceiling height and 12' OH doors. This versatile property offers the perfect combination of income potential and comfortable living for an owner-operator or on-site manager. A unique property with no zoning, no covenants and designated for residential and/or commercial use. This property isn't limited to its current use offering abundant potential to create a development that thrives. Explore a diverse mix of uses, catering to a wider range of needs. Consider multi-unit dwellings like duplexes, fourplexes, or townhouses. Or potential storage options – a dedicated facility for personal or RV and boat storage could be a lucrative addition, capitalizing on the area's potential for outdoor recreation.

1365 E River Road, Pray

$1,325,000
1 Beds 2 Baths 391830 MLS
20 Acres, no covenants leads to many possibilities. Current use is for income producing short term rentals, but could be so much more. Build your dream home or continue with short term rentals or do both! Paradise Valley Cabins or Events hosting with opportunity for additional income streams. Nestled in the heart of Paradise Valley, Montana, this unique property offers a blend of income potential and comfortable living space. Ideal for an owner-operator or on-site manager, it features Six charming cabins, perfect for nightly rentals (currently listed on Airbnb with no minimum stay requirement) and offering overflow accommodation for weddings, concerts, or Yellowstone National Park visitors and local visitors to the area. Cabins could also book groups of anglers, hunters, and various other gatherings that could book all cabins and area at once. Each cabin features a queen bed, twin bunk beds, a bathroom, and a kitchenette. This is a prime location, convenient to Yellowstone National Park, Yellowstone River, Chico Hot Springs, Sage Lodge, Pine Creek Lodge Music Venue, Old Saloon Music Venue and entertainment, and Emigrant, MT. Relaxing atmosphere, enjoy breathtaking mountain views while sipping coffee on your private cabin porch or from the covered front porch located on the owner's suite. Live comfortably in a spacious 700 sq. ft. Owner/Manager Suite with a kitchen, living room, bedroom, bathroom/laundry, and covered porch. The suite boasts stunning Absoroka mountain views and an attached garage/shop with high ceilings, double overhead doors, and additional mezzanine storage. The shop has 14' interior ceiling height and 12' OH doors. This versatile property offers the perfect combination of income potential and comfortable living for an owner-operator or on-site manager. A unique property with no zoning, no covenants and designated for residential and/or commercial use. This property isn't limited to its current use offering abundant potential to create a development that thrives. Explore a diverse mix of uses, catering to a wider range of needs. Consider multi-unit dwellings like duplexes, fourplexes, or townhouses. Or potential storage options – a dedicated facility for personal or RV and boat storage could be a lucrative addition, capitalizing on the area's potential for outdoor recreation.

1365 E River Road, Pray

$1,325,000
391698 MLS
Paradise Valley Cabins, currently used as a short term rentals. Live onsite and let the tourists come to you (Established history, 2ns year is business). Nestled in the heart of Paradise Valley, Montana, this unique property offers a blend of income potential and comfortable living space. Ideal for an owner-operator or on-site manager, it features Six charming cabins, perfect for nightly rentals (currently listed on Airbnb with no minimum stay requirement) and offering overflow accommodation for weddings, concerts, or Yellowstone National Park visitors and local visitors to the area. Cabins could also book groups of anglers, hunters, and various other gatherings that could book all cabins and area at once. Each cabin features a queen bed, twin bunk beds, a bathroom, and a kitchenette. This is a prime location, convenient to Yellowstone National Park, Yellowstone River, Chico Hot Springs, Sage Lodge, Pine Creek Lodge Music Venue, Old Saloon Music Venue and entertainment, and Emigrant, MT. Relaxing atmosphere, enjoy breathtaking mountain views while sipping coffee on your private cabin porch or from the covered front porch located on the owner's suite. Live comfortably in a spacious 700 sq. ft. Owner/Manager Suite with a kitchen, living room, bedroom, bathroom/laundry, and covered porch. The suite boasts stunning Absoroka mountain views and an attached garage/shop with high ceilings, double overhead doors, and additional mezzanine storage. The shop has 14' interior ceiling height and 12' OH doors. This versatile property offers the perfect combination of income potential and comfortable living for an owner-operator or on-site manager. A unique property with no zoning, no covenants and designated for residential and/or commercial use. This property isn't limited to its current use offering abundant potential to create a development that thrives. Explore a diverse mix of uses, catering to a wider range of needs. Consider multi-unit dwellings like duplexes, fourplexes, or townhouses. Or potential storage options – a dedicated facility for personal or RV and boat storage could be a lucrative addition, capitalizing on the area's potential for outdoor recreation.

1365 E River Road, Pray

$1,975,000
3 Beds 2 Baths 390544 MLS
This beautiful property is nestled in the heart of Paradise Valley, Montana, a well-known place of world class fly fishing, hiking and camping. Conveniently located only 30 miles from the Yellowstone National Park, it opens up a world of opportunities for nature lovers and enthusiasts alike. Additional nearby attractions include Chico Hot Spring, Sage Lodge and numerous Montana FWP Fishing Access sites. On a 20-acre parcel is a lovely and updated 2,150 sq. ft. home with an attached 1,050 sq. ft. insulated garage, a 1,225 sq. ft. shop, private shooting range with a shooters cabin, a 175’ x 75’ fishing pond with a sugar sand beach and a gazebo. Home features stainless steel appliances, central heating and cooling, as well as two wood-burning stoves, Wi-Fi throughout, video surveillance, smoke and motion detectors. Property has no HOAs, it comes with water rights, as well as deeded access to Yellowstone River within a walking distance. Domestic well is 150 gpm (yes, 150 gpm!) It also checks off all of outdoor activities. ATV and horseback riding trails, as well as cross-country skiing trails are all within minutes of your front door. Mountain views are pristine from every corner of this parcel. With the absolute privacy of this residence one can enjoy hundreds of elk and deer, as well as array of bird species that frequent the property. Make this your home or make it a retreat. Possible turn key, furnishings may convey. Schedule your showing right away! Owner is a licensed real estate agent in the state of Montana. OWNER FINANCING POSSIBLE!

680 East River Road, Pray