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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.

• Bedrooms
  5
• Bathrooms
  5
• Sq Footage
  3424
• Acres
  19.64
• Days on Market
  76

Additional Features

• Above Grade Finished Area
  3424
• Appliances
  Built In Oven, Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
• Architectural Style
  Traditional
• Bathrooms Full
  5
• Bathrooms Total Integer
  5
• Bedrooms Total
  5
• Building Area Source
  Public Records
• Building Area Total
  3424
• City
  Livingston
• Contract Status Change Date
  2026-08-22
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  68
• Directions
  Google Maps
• Documents Count
  5
• Fireplace Features
  Wood Burning Stove
• Heating
  Electric
• Heating
  Yes
• Interior Features
  Wood Burning Stove, Bedroom On Main Level, Full Bath On Main Level
• Latitude
  45.410240
• Levels
  Two
• Listing Contract Date
  2026-06-15
• Listing Key
  1178617413
• List Price
  1075000
• Living Area
  3424
• Living Area Source
  Public Records
• Longitude
  -110.703441
• Lot Size Acres
  19.64000
• Lot Size Square Feet
  855518
• MLS Area Major
  Park County
• MLS Area Minor
  6 P V W - Liv Area - Paradise Valley W of 89 S
• MLS Status
  Contingent
• Occupant Type
  Owner
• Off Market Date
  2026-08-22
• Original List Price
  1200000
• Originating System Name
  S W M T
• Other Structures
  Arena, Guest House, Workshop
• Ownership
  Full
• Parcel Number
  0006798600
• Parking Features
  No Garage
• Patio And Porch Features
  Deck
• Photos Count
  55
• Postal Code
  59047
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Dirt, Gravel
• Roof
  Asphalt
• Sewer
  Septic Tank
• Standard Status
  Pending
• 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
  2025
• Unparsed Address
  3480 Old Yellowstone Trail N
• Utilities
  Septic Available, Water Available
• View
  Farmland, Meadow, Mountains, Rural
• View
  Yes
• Waterfront Features
  Creek
• Water Source
  Well
• Year Built
  1995

Let me show you this listing!