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Set against the backdrop of Paradise Valley's mountain ranges, this nearly 20-acre offering captures the Montana lifestyle so many people are searching for. Located just 30 minutes from Livingston and 45 minutes from Gardiner and Yellowstone National Park, you'll have the space and privacy of country living while still being close to recreation, dining and everyday conveniences. The expansive deck takes full advantage of the views across Paradise Valley and offers a great place to unwind after a day spent fishing nearby, exploring Yellowstone, horseback riding or simply enjoying life at home. With four separate living spaces, the possibilities here are hard to beat. Live in the owner's residence while generating income from the two additional apartments and detached cabin, or maximize the investment potential by renting all four units. Whether you're looking for supplemental income, employee housing, a multigenerational setup or a place that can adapt to your changing needs over time, this property gives you options. The main home is comfortable and inviting, featuring wood finishes, vaulted ceilings, a cozy wood stove and large windows that bring in plenty of natural light and showcase the surrounding views. It's the kind of place that you feel can be really lived in, where muddy boots by the door are part of everyday life. The newer riding barn and shop is a true Montana bonus. Complete with an indoor arena and generous shop space under one roof, it's ready for riding, equipment, recreational toys, projects or the workshop you've always wanted. Whether you're an equestrian, hobbyist or simply appreciate having room to spread out, you'll find plenty of ways to make it your own. Opportunities like this don't come around often. Nearly 20 acres in Paradise Valley with income-producing potential, versatile living arrangements and room for the Montana lifestyle you've been dreaming about.

• Acres
  19.64
• Days on Market
  9

Additional Features

• Appliances
  Built In Oven, Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
• Architectural Style
  Traditional
• City
  Livingston
• Contract Status Change Date
  2026-06-15
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  3
• Directions
  Google Maps
• Documents Count
  5
• Fencing
  Partial
• Fireplace Features
  Wood Burning Stove
• Flooring
  Other, Partially Carpeted, Plank, Vinyl
• Heating
  Electric
• Heating
  Yes
• Interior Features
  Vaulted Ceilings, Wood Burning Stove
• Latitude
  45.410240
• Levels
  Two
• Listing Contract Date
  2026-06-15
• Listing Key
  1174791551
• List Price
  1200000
• Longitude
  -110.703441
• Lot Size Acres
  19.63700
• Lot Size Square Feet
  855388
• MLS Area Major
  Park County
• MLS Area Minor
  6 P V W - Liv Area - Paradise Valley W of 89 S
• MLS Status
  Active
• Original List Price
  1200000
• Originating System Name
  S W M T
• Other Structures
  Arena, Workshop
• Ownership
  Full
• Parcel Number
  0006798600
• Parking Features
  Gravel
• Patio And Porch Features
  Deck
• Photos Count
  55
• Postal Code
  59047
• Property Sub Type
  Multi Family
• Property Type
  Residential Income
• Road Surface Type
  Gravel
• Roof
  Asphalt
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  Paradise Ranch Tracts
• Tax Annual Amount
  2961.00
• Tax Legal Description
  PARADISE RANCH TRS COS 943, S11, T05 S, R08 E, LOT 27, COS 901
• Tax Year
  2026
• Unparsed Address
  3480 Old Yellowstone Trail N
• Utilities
  Septic Available, Water Available
• View
  Meadow, Mountains, Rural, Valley
• View
  Yes
• Waterfront Features
  Creek
• Water Source
  Well
• Year Built
  1995

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