$1,249,000
 $6,705 est/mo Sourced by Back At You

1365 E River Road , Pray, MT 59065

Pray, MT 59065

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Description

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. Rental Income from the cabins grossed $55K in 2023 (First year in business) and $95K for 2024.

Details

MLS#391781
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year2022
Days On Site195
Listing Provided ByKeller Williams Montana Realty | Chris Archer

Features

Story(s)1
Units7
ZoningNONE - None/Unknown
Acreage20.00
Property ViewYes

Market Activity 59065

All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Listings Checked: 1 minute ago
StateMT
CountyPark
CityPray
Zip Code59065
AreaPark County
Subarea6PVE Liv Area Paradise Valley E of 89S
Community NameOther
Listing VS Median (in Other)
Price:
$1,249,000
low | high
Med:
$547,500
100% of Average
On Site:
195
low | high
Med:
178.000000
100% of Average
Sourced by Back At You
Listing Updated: November 5, 2024 at 7:40:00 AM PST