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Rare Mixed-Use Paradise Valley Compound

A property that refuses to fit into one category—and that’s exactly what makes it special. Set on 2.08 acres, 5 Moose Horn Lane offers multiple living spaces, substantial shops, live/work flexibility and income potential, all framed by mature landscaping and Absaroka Mountain views.

The main residence blends Montana character with versatility. The upper level features a spacious primary suite, walk-in closet, updated kitchen, vaulted ceilings and laundry. Insulation upgrades and mini-split heating/cooling enhance comfort. With a separate entrance, the finished lower level includes a legal bedroom, full bath, kitchenette, laundry, dry bar and flex rooms—ideal for multigenerational living or potential rental use.

Privately positioned at the back, the updated second residence offers independent living for family, guests or tenants. This single-level, 1-bedroom, 2-bath home features hardwood floors, custom cabinetry, upgraded finishes and an open-concept kitchen and living area with vaulted ceilings. An oversized primary suite, laundry, generous storage and two walk-out patios—including a covered patio with workspace—overlook the greenhouse, seasonal canal and mountains.

Two approximately 32' x 38' shops feature heating/cooling, upgraded insulation, storage and workshop space. A converted garage adds recreation space, while a detached, heated cedar studio offers potential for an office, art studio or creative retreat. With a history of commercial use, the property offers exceptional live/work flexibility.

Mature trees, extensive irrigation, covered patios, a greenhouse and an enclosed four-season grilling area create an inviting outdoor setting. A seasonal canal borders the property, and exclusive HOA access to the Yellowstone River offers a special opportunity to enjoy one of Montana’s most treasured waterways. Convenient to Livingston, Chico Hot Springs, Sage Lodge, The Old Saloon and Yellowstone National Park.

Whether a primary residence, multigenerational retreat, live/work compound or potential income-producing investment, this property offers space, infrastructure, recreation and uncommon flexibility.

Bring the family. Bring the business. Bring the projects. There's room for it all.

• Bedrooms
  3
• Bathrooms
  3
• Sq Footage
  4370
• Acres
  2.08
• Days on Market
  21

Additional Features

• Above Grade Finished Area
  2570
• Appliances
  Dryer, Dishwasher, Disposal, Microwave, Range, Some Gas Appliances, Stove
• Attached Garage
  Yes
• Basement
  Bathroom, Bedroom
• Bathrooms Full
  3
• Bathrooms Total Integer
  3
• Bedrooms Total
  3
• Building Area Source
  Owner
• Building Area Total
  4370
• City
  Livingston
• Construction Materials
  Cedar, Metal Siding
• Contract Status Change Date
  2026-10-09
• Cooling
  Wall Window Units
• Cooling
  Yes
• Cumulative Days On Market
  4
• Directions
  19 miles south of downtown Livingston on U S 89, right on Paradise Ranch Road.
• Fireplace Features
  Gas
• Fireplace
  Yes
• Flooring
  Carpet, Hardwood, Laminate
• Garage Spaces
  4
• Garage
  Yes
• Heating
  Baseboard, Electric, Propane
• Heating
  Yes
• Interior Features
  Fireplace, Vaulted Ceilings, Walk In Closets, Window Treatments, Full Bath On Main Level
• Latitude
  45.413110
• Levels
  One
• Listing Contract Date
  2026-10-09
• Listing Key
  1192677099
• List Price
  2225000
• Living Area
  4370
• Living Area Source
  Owner
• Longitude
  -110.693128
• Lot Features
  Lawn, Landscaped, Sprinklers In Ground
• Lot Size Acres
  2.08000
• Lot Size Square Feet
  90605
• MLS Area Major
  Park County
• MLS Area Minor
  6 P V W - Liv Area - Paradise Valley W of 89 S
• MLS Status
  Active
• Occupant Type
  Owner
• Original List Price
  2225000
• Originating System Name
  S W M T
• Other Structures
  Guest House, Workshop, Gazebo
• Ownership
  Full
• Parcel Number
  0006798275
• Parking Features
  Attached, Garage, Garage Door Opener
• Patio And Porch Features
  Covered, Patio, Porch
• Pets Allowed
  Yes
• Photos Count
  63
• Postal Code
  59047
• Property Sub Type
  Single Family Residence
• Property Type
  Residential
• Road Surface Type
  Gravel
• Roof
  Metal
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  1
• Subdivision Name
  Yellowstone Gateway Estates
• Tax Annual Amount
  7864.43
• Tax Legal Description
  S11, T05 S, R08 E, C.O.S. 2599 CO, PARCEL 4-A, ACRES 2.08
• Tax Year
  2025
• Unparsed Address
  5 Moose Horn Lane
• Utilities
  Septic Available, Water Available
• View
  Mountains, River, Creek Stream, Trees Woods
• View
  Yes
• Waterfront Features
  Seasonal
• Water Source
  Well
• Window Features
  Window Coverings
• Year Built
  2003

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