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

Based on information from Big Sky Country MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cody Adams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

© 2024 Big Sky Country MLS.

 

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