Osprey Acres – Yellowstone Riverfront Living in Paradise Valley
The 1,674 sq ft, 3 bedroom, 2 bath home has been tastefully remodeled. Large picture windows fill the home with natural light and frame breathtaking views of the river and Emigrant Peak and Gallatin range creating a warm feel-good atmosphere throughout.
This stunning 20-acre riverfront retreat on the Yellowstone River in the heart of Paradise Valley Montana offers flexibility. Whether you’re seeking a primary residence, vacation home, or income-producing riverfront property, Osprey Acres is a truly special Montana offering.
The perfect blend of privacy, natural beauty, and modern comfort accessed from a State road.
Highlights include:
Brand-new kitchen and two beautifully updated baths with tiles showers.
New solid oak flooring throughout
New laundry room
Massive fireplace for cozy evenings
Air conditioning for year-round comfort, new windows, metal roof, underground sprinklers for lock and leave convenience.
Deck with unobstructed views.
The home is being sold furnished, excluding the owner’s personal items, making it move-in or rental ready. Currently operated as a successful short-term rental, the property offers excellent income potential while still allowing ample owner use.
When this home was built in 1978 there were very few homes in Paradise Valley. This is an example of how the best acreages selected to be built got all the amenities.
Step outside and fish right from your own property, or explore the best of Paradise Valley living. Just minutes away are Chico Hot Springs, Sage Lodge, and the charming town of Livingston to the north. To the south, enjoy easy access to Yellowstone National Park, Gardiner, and more public hot springs.
For sale
$2,400,000
573 E River Rd, Emigrant, MT 59027
3beds
1,674sqft
Est.:
Single Family Residence
Built in 1978
20.01 Acres Lot
$-- Zestimate®
$1,434/sqft
$-- HOA
What's special
Deck with unobstructed viewsMetal roofNew windowsNew laundry roomBrand-new kitchen
- 39 days |
- 2,131 |
- 111 |
Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 05:56pm
Listed by:
Julie Kennedy 406-223-7753,
ERA Landmark Western Land
Source: Big Sky Country MLS,MLS#: 408020Originating MLS: Big Sky Country MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Family Room, Garage, Kitchen, Laundry
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator
Features
- Fireplace, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 1,674
- Total interior livable area: 1,674 sqft
- Finished area above ground: 1,674
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Gravel Driveway, Landscaping
- Has view: Yes
- View description: Meadow, Mountain(s), River, Southern Exposure, Creek/Stream, Valley, Trees/Woods
- Has water view: Yes
- Water view: River,Creek/Stream
- Waterfront features: Creek, River Front, River Access
Lot
- Size: 20.01 Acres
- Features: Adjacent To Public Land, Lawn, Landscaped
Details
- Parcel number: 0006742000
- Zoning description: NONE - None/Unknown
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Septic Available, Water Available
Community & HOA
Community
- Subdivision: River Bend
HOA
- Has HOA: No
Location
- Region: Emigrant
Financial & listing details
- Price per square foot: $1,434/sqft
- Tax assessed value: $762,487
- Annual tax amount: $3,071
- Date on market: 1/19/2026
- Cumulative days on market: 43 days
- Listing terms: Cash,Item1031Exchange,Item3rdPartyFinancing
- Exclusions: Owner's personal items.
- Ownership: Full
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Listed for sale | $2,400,000$1,434/sqft |
Source: Big Sky Country MLS #408020 Report a problem | ||
| 4/10/2017 | Sold | -- |
Source: Big Sky Country MLS #213329 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,026 +5.3% | $762,487 |
| 2023 | $2,875 +20.3% | $762,487 +54.5% |
| 2022 | $2,390 +1.1% | $493,491 |
| 2021 | $2,363 -1.2% | $493,491 +11.2% |
| 2020 | $2,393 -6.4% | $443,679 |
| 2019 | $2,555 +10% | $443,679 +23.2% |
| 2018 | $2,323 +1.2% | $360,059 |
| 2017 | $2,295 +15.9% | $360,059 +13.2% |
| 2016 | $1,980 +11.6% | $318,103 |
| 2015 | $1,774 -15.5% | $318,103 +57.2% |
| 2014 | $2,099 +2% | $202,360 +5.7% |
| 2013 | $2,057 +3.9% | $191,435 +6.6% |
| 2012 | $1,980 | $179,638 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $198,399 |
| 2007 | -- | $198,399 |
| 2006 | -- | $198,399 |
| 2005 | -- | $198,399 +2.3% |
| 2004 | -- | $194,019 |
| 2003 | -- | $194,019 +5% |
| 2002 | -- | $184,833 |
| 2000 | -- | $184,833 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,517/mo
Principal & interest
$12377
Property taxes
$1140
Climate risks
Neighborhood: 59027
Nearby schools
GreatSchools rating
- NAArrowhead SchoolGrades: PK-6Distance: 8.6 mi
- NAArrowhead 7-8Grades: 7-8Distance: 8.6 mi
- 5/10Park High SchoolGrades: 9-12Distance: 26.7 mi
