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Paradise Valley Horse Property: This private, just under five-acres, offers breathtaking views in every direction and direct access to the Yellowstone Trail System and the Chicory Yellowstone River access.
The property features two homes:
- Main House: A completely remodeled 2-bedroom, 2-bathroom home featuring an updated kitchen, new flooring, and tiled bathrooms. The septic is permitted for three bedrooms, offering easy potential for expansion.
- Guest House: A newer, high-quality 2-bedroom, 2-bathroom build with its own laundry, separate septic, and electric utilities.
This property is ideal for generating rental income; a neighboring vacation rental currently fetches $200–$500 per night. Alternatively, the site offers a perfect location to build a custom dream home among other high-value properties, notably without the restrictions of an HOA.
Additional amenities include:
- A detached 2-car garage with finished drywall.
- A 2,150 sq. ft. barn with an attached 12x50 pole barn.
- Three separately fenced pastures, a fenced garden with 12 raised beds, and a chicken coop.
- Underground sprinklers for the lawn and garden.
Bring your animals or new building plans and live in paradise. Call today

• Bedrooms
  4
• Bathrooms
  4
• Sq Footage
  2200
• Acres
  4.9
• Days on Market
  20

Additional Features

• Above Grade Finished Area
  2200
• Appliances
  Built In Oven, Cooktop, Double Oven, Dishwasher, Microwave, Range, Refrigerator
• Architectural Style
  Ranch
• Association Amenities
  Trails, Water
• Bathrooms Full
  4
• Bathrooms Total Integer
  4
• Bedrooms Total
  4
• Building Area Source
  Owner
• Building Area Total
  2200
• City
  Pray
• Construction Materials
  Wood Siding
• Contract Status Change Date
  2026-07-06
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  2
• Directions
  From Livingston, Hwy 89 S for 17 miles, left onto Mill Creek, Turn Right onto East River Rd, Turn Right at Chicory Rd for 2.5 Miles, River Drive to Yellowstone Trail, Property at the end of Road.
• Documents Count
  2
• Fencing
  Log Fence, Partial, Split Rail
• Flooring
  Engineered Hardwood, Tile
• Garage Spaces
  2
• Garage
  Yes
• Heating
  Radiant Floor
• Heating
  Yes
• Interior Features
  Window Treatments
• Latitude
  45.401986
• Levels
  One
• Listing Contract Date
  2026-07-06
• Listing Key
  1176563492
• List Price
  1249000
• Living Area
  2200
• Living Area Source
  Owner
• Longitude
  -110.692605
• Lot Features
  Lawn, Sprinklers In Ground
• Lot Size Acres
  4.90000
• Lot Size Square Feet
  213444
• MLS Area Major
  Park County
• MLS Area Minor
  6 P V E - Liv Area - Paradise Valley E of 89 S
• MLS Status
  Active
• Occupant Type
  Owner
• Original List Price
  1249000
• Originating System Name
  S W M T
• Other Structures
  Guest House, Poultry Coop, Storage
• Ownership
  Full
• Parcel Number
  0006946000
• Parking Features
  Detached, Garage, Garage Door Opener
• Patio And Porch Features
  Covered, Deck, Porch
• Pets Allowed
  Yes
• Photos Count
  50
• Postal Code
  59065
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Gravel
• Roof
  Metal
• Security Features
  Heat Detector, Smoke Detectors
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  1
• Subdivision Name
  Paradise Valley Estates
• Tax Annual Amount
  3301.00
• Tax Legal Description
  PARADISE VALLEY ESTATES, S14, T05 S, R08 E, LOT RANCHETTE 7, SD 2A, 10
• Tax Year
  2025
• Unparsed Address
  56 Yellowstone Trail
• Utilities
  Electricity Connected, Propane, Septic Available, Water Available
• View
  Meadow, Mountains, Rural, Southern Exposure
• View
  Yes
• Waterfront Features
  None
• Water Source
  Well
• Window Features
  Window Coverings
• Year Built
  2019

Let me show you this listing!