Pray, MT 59065,1365 E River RD
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Pray, MT 59065,1365 E River RD
Pray, MT 59065,1365 E River RD
Pray, MT 59065,1365 E River RD
Pray, MT 59065,1365 E River RD

$1,252,000

Est. payment /mo

$1,249,000

0.2%
Est.Price: ?

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1365 E River RD Pray, MT 59065

1,936 SqFt

SOLD DATE : 11/15/2024

Key Details

Sold Price $1,252,000

Property Type Commercial

Sub Type Building/ Business

Listing Status Sold

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $646

MLS Listing ID 391698

Sold Date 11/15/24

Year Built 2022

Annual Tax Amount $3,661

Tax Year 2023

Lot Size 20.000 Acres

Acres 20.0

Property Sub-Type Building/ Business

Property Description

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.

Location

State MT

County Park

Area Park County

Zoning Paradise Valley Zoning

Direction South of Livingston on HWY 89. Mill Creek turnoff to E River Road. South on E River Road, located in Pray, Montana.

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Propane, Septic Available, Water Available

Water Access Desc Well

Building

Sewer Septic Tank

Water Well

Others

Tax ID 0006913200

Ownership Full

Acceptable Financing Cash, 3rd Party Financing

Listing Terms Cash, 3rd Party Financing

Financing Cash

Special Listing Condition Standard

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Listed by Keller Williams Montana Realty
Bought with Montana Life Real Estate
agent

Kari Francisco

Advisor | License ID: RRE-RBS-LIC-99175

+1(406) 595-3885

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