1365 E River Road
Pray, Montana 59065

MLS #391781 | $1,325,000

Listing Details

  • 20Acres
  • $1,325,000Price

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 owners 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 isnt 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 areas potential for outdoor recreation.

Click any image to view all 39 images of this property.

1365 E River Road1365 E River Road1365 E River Road1365 E River Road

Additional Features

  • Architectural Style
    Cabin, Custom, Ranch
  • City
    Pray
  • Contract Status Change Date
    2024-04-30
  • Cooling
    Ceiling Fans, Wall Window Units
  • Cooling
    Yes
  • Cumulative Days On Market
    112
  • Directions
    South on East River Road to Pray, M T. Property on West side of the road across from Pray Cafe.
  • Fencing
    Partial
  • Heating
    Electric, Wall Furnace
  • Heating
    Yes
  • Latitude
    45.377314
  • Levels
    One
  • Listing Contract Date
    2024-04-30
  • Listing Key
    1073320208
  • List Price
    1325000
  • Longitude
    -110.686057
  • Lot Size Acres
    20.00000
  • Lot Size Square Feet
    871200
  • MLS Area Major
    Park County
  • MLS Area Minor
    6 P V E - Liv Area - Paradise Valley E of 89 S
  • MLS Status
    Active
  • Original List Price
    1514900
  • Originating System Name
    S W M T
  • Ownership
    Full
  • Parcel Number
    0006913200
  • Parking Features
    Gravel
  • Patio And Porch Features
    Covered, Patio, Porch
  • Photos Count
    39
  • Postal Code
    59065
  • Property Sub Type
    Cabin
  • Property Type
    Residential Income
  • Road Surface Type
    Gravel
  • Roof
    Metal
  • Sewer
    Septic Tank
  • Standard Status
    Active
  • Stories
    1
  • Subdivision Name
    Other
  • Tax Annual Amount
    3661
  • Tax Legal Description
    S25, T05 S, R08 E, C.O.S. S/D 168, PARCEL 1, IN NW4
  • Tax Year
    2023
  • Unparsed Address
    1365 E River Road
  • Utilities
    Electricity Connected, Propane, Septic Available, Water Available
  • View
    Mountains
  • View
    Yes
  • Waterfront Features
    None
  • Water Source
    Well
  • Year Built
    2022

Contact So Red About This Listing

Listing Provided By Keller Williams Montana Realty, Chris Archer

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

Related Listings

$1,325,000 1365 E River Road, Pray 1365 E River Road
Pray, Montana
20 Acres
$1,349,500 // Pending Sale 56 Yellowstone Trail, Pray 56 Yellowstone Trail
Pray, Montana
4.9 Acres

Inquire About this Property

Mortgage Calculator
1276 N 15th Ave, Bozeman, MT 59715
Realtor

Only real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® may call themselves REALTORS®. All REALTORS® must subscribe to NAR’s strict Code of Ethics, which is based on honesty, professionalism and the protection of the public.