Sold
Closed
1365 E River Road
Pray MT, 59065
N/A
Sold
Closed
1,936 sqft
Commercial
Built in 2022
Paradise Valley Cabins, currently used as a short term rentals. Live onsite and let the tourists come to you (Established history, 2ns year is business). 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. Rental Income from the cabins grossed $55K in 2023 (First year in business) and $95K for 2024.
391698
MLSⓇ ID
May 3, 2024
Listed
November 22, 2024
Updated
Map
1365 E River Road
Pray MT, 59065
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
20 Acres
Sewer
Septic Tank
Other Property Details
Area Name
Park County
Taxes
$3,661
Tax Frequency
Annually
Days on Market
168
Garage
No
View
No
County
Park
Water Source
Well
Pool
No
Zoning
Paradise Valley Zoning
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Sold | — |
11/5/2024 | Pending | — |
10/17/2024 | Price change | $1,249,000 -6% |
9/7/2024 | Price change | $1,325,000 -2% |
6/25/2024 | Price change | $1,345,000 -9% |
6/5/2024 | Price change | $1,465,000 -4% |
Courtesy of Chris Archer, Keller Williams Montana Realty
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