Paradise Valley Estate

Listing Price: $1,495,000

The Paradise Valley Estate is located in south central Montana and lies at the foot of Emigrant Peak in the heart of the Paradise Valley, mid-way between Livingston and Gardner Mountain. Located outside the town of Pray, this small community is situated along the banks of the Yellowstone River and offers picturesque views of the Absaroka Mountain Range in the Gallatin National Forest. Livingston is less than 30 minutes away and provides all the amenities of a major city while offering the charm of small-town living. Some of Montana’s most desirable destinations are within ten minutes from the property including the Yellowstone River, Dailey Lake and Chico Hot Springs. Yellowstone National Park is a 35-minute drive and the university town of Bozeman is an hour away.

These 20.58 acres are defined by creek bottom and rolling foothills, and enjoy fantastic alpine views overlooking the stunning Paradise Valley. Over a quarter-mile of Six Mile Creek meanders down the western border and a half-acre pond is also onsite. A neighboring property has been placed under conservation easement, and the Estate has private access to BLM, forest service and wilderness lands..

Structures on the Paradise Valley Estate include the main home with attached guest cabin, guest home, wine/root cellar and smokehouse. The property is fully fenced and landscaped with cottonwood, willow and spruce trees.

The main residence is a custom log home with 2,200 sqft of living space on one level. It features three bedrooms, two baths, a great room, den, custom St. Charles kitchen and dining area. From the kitchen, French doors open to a large wrap-around deck that overlooks the trout pond. This home is smartly laid-out and has plenty of storage with a two-car garage and a three-bay carport. The Paradise Valley Estate has been featured in Town & Country Magazine as well as other national and international magazines.

The guest home, called the “Trout House”, has operated as a vacation rental and retreat and was featured on the Fine Living Channel’s program Around the World in 80 Homes. The Trout House is a 1,350 sqft, one-story, custom log residence that currently rents to guests for $2,600 per week.

Six Mile Creek runs the length of the back boundary of the Estate and provides angling opportunities for brown and cutthroat trout. This creek is typical of the many small rivers and creeks that feed the Yellowstone River. It is a great place for a small rod and dry fly fishing and while most fish will be smaller, this creek does produce the occasional surprisingly large fish.

Another highlight live water feature of Paradise Valley Estate is the half-acre pond that is home to a healthy population of trout. This pond also attracts local waterfowl to the property.

The Paradise Valley offers arguably the most diverse and best wild trout fishing in North American. There is a lifetime of adventure on the Yellowstone River, the Shields, three world famous spring creeks, numerous mountain streams and lakes and the limitless waters of Yellowstone National Park available within an hour’s drive. Dailey Lake is five minutes from the property and has good fishing for rainbow trout, walleye and perch.


This area has an incredibly diverse population of large wildlife. Local big game species include bison, Mule and Whitetail deer, elk, moose, Pronghorn antelope, Rocky Mountain goat and Bighorn sheep. Bald eagles and other types of birds also frequent the ranch and wolves, wolverines, coyotes, bobcats, lynxes, mountain lions, grizzly and black bears can all be seen from the property.

Snowmobilers, snowshoers and cross country skiers will delight during the snowy winters while the area is flush with opportunities to hike, bike, climb and ride horseback in the summer. Bridger Bowl is a world-class community ski area located in Bozeman, less than an hour away.