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Discover the ultimate sportsmans retreat in iconic Paradise Valley! This exceptional 20.97 acre property in Pray, MT, places you in the heart of Montanas premier outdoor playground, with breathtaking panoramic views of the Absaroka Mountains and frequent visits from elk and deer. World-class fly fishing await with private shared access to the legendary Yellowstone River; renowned blue-ribbon trout waters just moments away. Abundant big-game hunting opportunities abound on the property and nearby National Forest Service, BMA, State, BLM & RMEF lands. Only 30 minutes to Yellowstone National Parks north entrance (the parks only year-round access) for geysers, geothermal wonders, and epic adventures. Nearby Chico Hot Springs offers relaxing soaks, Livingston (25 minutes north) provides charming amenities, and Bozeman & Intl airport is an easy hour drive. Dailey Lake, Cooke City (Snowmobile & Back Country Skiing Destination) and more recreation options are all within reach. Live the true Montana outdoor lifestyle! Deeded covenants allow for an additional primary residence and two guest houses, opening incredible development potential on this private, lightly covenanted land (no HOA). Bring your horses and animals to the fenced corral, outbuildings, and greenhouse. Water rights for seasonal irrigation or livestock included. The existing 4,144 sq ft main home features a versatile duplex layout built with comfort and utility in mind—perfect for multi-generational living or hosting. Enjoy the large fenced yard with above-ground pool w/ deck, play areas, efficient heating, and long private driveway (mini bulldozer included for plowing). A separate 520 sq ft 1-bedroom caretaker/guest quarters (built 2022) with attached 3-car garage and insulated hot tub room provides independent living space. With deeded rights to build more, this property offers tremendous opportunity: ideal for short-term rentals (STR), investment income, multi-family compound, or legacy estate. A rare gem combining privacy, views, recreation, and flexibility. Make sure to check out the LandID map available on the Clearwater Properties website for additional details. Schedule your private tour today!

• Bedrooms
  6
• Bathrooms
  5
• Sq Footage
  4144
• Acres
  20.97
• Days on Market
  26

Additional Features

• Above Grade Finished Area
  4144
• Bathrooms Full
  5
• Bathrooms Total Integer
  5
• Bedrooms Total
  6
• Building Area Source
  Owner
• Building Area Total
  4144
• City
  Pray
• Contract Status Change Date
  2025-12-18
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  662
• Directions
  From Livingston, head S on Hwy 89 to Emigrant, turn left at flashing light in Emigrant and cross the Yellowstone River. Turn right at stop sign onto E River Rd. Proceed S 6 miles, look for signs
• Documents Count
  9
• Fencing
  Partial, Wire
• Garage Spaces
  3
• Garage
  Yes
• Heating
  Baseboard, Propane
• Heating
  Yes
• Latitude
  45.311250
• Levels
  Two
• Listing Contract Date
  26
• Listing Key
  1149559708
• List Price
  2175000
• Living Area
  4144
• Living Area Source
  Owner
• Longitude
  -110.785251
• Lot Features
  Adjacent To Public Land, Lawn, Landscaped
• Lot Size Acres
  20.97
• Lot Size Square Feet
  913453
• 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
  2175000
• Originating System Name
  S W M T
• Other Structures
  Corrals, Guest House, Greenhouse, Workshop
• Parcel Number
  0006611320
• Parking Features
  Detached, Garage
• Patio And Porch Features
  Covered, Patio, Porch
• Photos Count
  99
• Postal Code
  59065
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Gravel
• Security Features
  Carbon Monoxide Detectors, Heat Detector, Smoke Detectors
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  2
• Subdivision Name
  Minor Subdivision
• Tax Annual Amount
  3572
• Tax Legal Description
  S18, T06 S, R08 E, C.O.S. 2788 RB, PARCEL TRACT 1, ACRES 20.97
• Tax Year
  2025
• Unparsed Address
  682 E River Road
• Utilities
  Electricity Connected, Septic Available, Water Available
• View
  Farmland, Meadow, Mountains, Rural, River, Southern Exposure, Creek Stream, Valley
• View
  Yes
• Water Source
  Well
• Year Built
  1996

Let me show you this listing!