4125 Us Highway 89 S Livingston, MT 59047

This 23.65-acre property, located in Montana's Paradise Valley, offers potential for various ventures, including a campground, wedding venue, brewery, mixed-use commercial development, vacation rentals, or a residential investment project. The property has minimal zoning restrictions and no covenants. It features views of Emigrant Peak and is surrounded by protected landscapes, backing to a 9,000-acre ranch, bordering 470 acres of state land, and positioned across Highway 89 from a 4,400-acre conservation easement. Outdoor recreation opportunities are nearby, with the Yellowstone River and Mallards Rest Fishing Access Site within walking distance. The property includes four grandfathered billboards, offering income potential or advertising opportunities. It features approximately 670 feet of Highway 89 frontage and established access via a 50-foot curb cut. Improvements include a 5,600-square-foot shop built in 2019 and an attached 1,600-square-foot apartment with polished concrete floors, custom cabinetry, solid wood doors and trim. The residence has multiple heat sources, including two seller-owned propane tanks, a gas stove, a wood-burning stove, and back-up baseboard heating in the bathroom and closet. Additional features include three pre-approved vacation rentals and 20 inches of water rights for irrigation or pond use, and two wells.