Perched on 30+ pristine acres where sweeping Montana skies meet the mighty Yellowstone River, this rare Paradise Valley retreat offers an extraordinary canvas for your western dream. The recently completed one-bedroom guest cabin provides a modern and comfortable refuge-perfect for weekend getaways, creative studio space, or rental income-with the groundwork for expansion is already in place. Two deeded lots feature room to add two additional dwelling units. Existing septic capacity sized for an additional 3-bedroom main home, and room for another primary home on the additional lot, you can live comfortably on-site while designing and building a custom luxury residence or two! Perfect for multi-generational living. Just a few of the special features of this property include a deeded private walking easement to the Yellowstone River, a high producing well and a wildflower ringed private 8000+ sq ft aerated pond that is 15' deep in the center. The property abuts FWP lands on the east, atop the large rock bluff that spans the eastern half of the property. Views across the river towards the southern Gallatin Range and southward towards Yankee Jim Canyon frame the view from the property. Light covenants that will be recorded are in draft form and are available for review. For the undeveloped lot, a gravel driveway apron/pullout has been created off E River Rd with proposed easements drafted to allow for a private driveway to the property. A large rock bluff dominates the eastern half of the parcel, and the property adjoins Montana FWP lands at its eastern boundary, allowing for privacy. The one-bedroom guest cabin was finished in a clean Scandinavian style aesthetic with a metal clad exterior and black window package. More below>> Additional features include polished concrete flooring with in-floor radiant heating, mini-split with A/C, laminate cabinetry with white quartz counters in the kitchen and bathroom, wood burning stove, open timberwork in the vaulted great room, tile surround shower with euro-style glass door, built-in storage in the bedroom and an attached, heated 2-car garage. An expansive, wrap-around, covered concrete porch-patio allows for outdoor enjoyment in all weather conditions. Area amenities include the recreation opportunities including floating and fishing on the blue-ribbon waters of the Yellowstone River, just minutes to Yellowstone Hot Springs, minutes to the small village of Emigrant - home to the Old Saloon and Follow Yer' Nose BBQ/Wildflower Bakery, the Sage Lodge and Chico Hot Springs, and just 30 minutes to the Gardiner entrance of Yellowstone National Park. Amazing hiking, wildlife watching, hunting and exploring opportunities await on the area's abundant public trails. Located 40 minutes from Livingston shopping and amenities, 1 hour from Bozeman's historic Main Street and 70 minutes from Bridger Bowl Ski Resort and Yellowstone International Airport. Don't miss the 360 VR Matterport Tour!