3480 Old Yellowstone Trail N
Livingston, MT 59047

ACTIVE
$1,200,000

Listing Courtesy of The Swanson Team, ERA Landmark Real Estate Livingston

Listing #412170

Multi Family

Type

About this property

Set against the backdrop of Paradise Valley's mountain ranges, this nearly 20-acre offering captures the Montana lifestyle so many people are searching for. Located just 30 minutes from Livingston and 45 minutes from Gardiner and Yellowstone National Park, you'll have the space and privacy of country living while still being close to recreation, dining and everyday conveniences. The expansive deck takes full advantage of the views across Paradise Valley and offers a great place to unwind after a day spent fishing nearby, exploring Yellowstone, horseback riding or simply enjoying life at home. With four separate living spaces, the possibilities here are hard to beat. Live in the owner's residence while generating income from the two additional apartments and detached cabin, or maximize the investment potential by renting all four units. Whether you're looking for supplemental income, employee housing, a multigenerational setup or a place that can adapt to your changing needs over time, this property gives you options. The main home is comfortable and inviting, featuring wood finishes, vaulted ceilings, a cozy wood stove and large windows that bring in plenty of natural light and showcase the surrounding views. It's the kind of place that you feel can be really lived in, where muddy boots by the door are part of everyday life. The newer riding barn and shop is a true Montana bonus. Complete with an indoor arena and generous shop space under one roof, it's ready for riding, equipment, recreational toys, projects or the workshop you've always wanted. Whether you're an equestrian, hobbyist or simply appreciate having room to spread out, you'll find plenty of ways to make it your own. Opportunities like this don't come around often. Nearly 20 acres in Paradise Valley with income-producing potential, versatile living arrangements and room for the Montana lifestyle you've been dreaming about.

property features

Location Information

MLS Area

Liv Area - Paradise Valley W of 89S

Subdivision

Paradise Ranch Tracts

Longitude

-110.703441

Latitude

45.41024

Directions

Google Maps

INTERIOR FEATURES

Interior

Vaulted Ceiling(s),Wood Burning Stove

Square Feet

Bedrooms

Full / Half Baths

/ 0

Heating

Electric

Half Baths

0

Cooling

Ceiling Fan(s)

Floors

Other,Partially Carpeted,Plank,Vinyl

Laundry

Basement Description

Exterior FEATURES

Style

Stories

2

View Description

Meadow,Mountain(s),Rural,Valley

Exterior

Gravel Driveway

Parking Description

Gravel

Garage Spaces

0

Lot Size in Acres

19

Water

Septic Tank

Zoning

Call Listing Agent for Details

Patio / Deck Description

Deck

Fencing

Partial

ADDITIONAL INFORMATION

Year Built

1995

Roof/Attic

Asphalt

Property SubType

Multi Family

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2026-06-18 08:01:15 PM MT

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