1365 E River Road, Pray, MT

$1,345,000

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1

Bed

2

Baths

700

Square feet

20.00

Acres

About 1365 E River Road

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 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.

Features of 1365 E River Road

MLS® # 391830
Price $1,345,000
Bedrooms 1
Bathrooms 2.00
Full Baths 1
Square Footage 700
Acres 20.00
Year Built 2022
Type Residential
Sub-Type Single Family Over 1Acre
Status Active

Community Information

Address 1365 E River Road
Area 6PVE - Liv Area - Paradise Valley E of 89S
Subdivision Other
City Pray
County Park
State MT
Zip Code 59065

Amenities

Utilities Electricity Connected, Propane, Septic Available, Water Available
Parking Attached, Garage
# of Garages 4
View Mountain(s)
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Electric, Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Fireplace No
Stories One
Has Basement No

Additional Information

Date Listed May 3rd, 2024
Days on Market 77
Zoning CALL - Call Listing Agent for Details
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChris Archer
OfficeKeller Williams Montana Realty

Listing Map

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