$1,149,000

73 Murphy Ln Pray, MT 59065

Estimated payment $6,741/month

Total Views 695
3 Beds
1 Bath
1,140 Sq Ft
$1,008 Price per Sq Ft

Highlights

  • Guest House
  • Deck
  • No HOA
  • View of Trees or Woods
  • Lawn
  • Living Room

About This Home

PROPERTY WITH FOUR LIVING UNITSWelcome to an exceptional offering in the heart of Montana's Paradise Valley, where this 1.2-acre property delivers a rare blend of flexibility, income opportunity, and authentic mountain living. The main residence offers 1,140 square feet of thoughtfully designed space with 3 bedrooms and 1 bathroom/laundry room, providing a warm and comfortable retreat framed by expansive mountain ranges and pristine Montana air. Complementing the primary home are two additional guest residences that elevate this property beyond traditional single-family offerings. The versatile “Shop House” features two private living quarters: an upper-level 672-sq ft suite with 1 bedroom, 1-3/4 bathroom and kitchenette, plus a lower-level 624-sq ft unit with 1 bedroom, 1-3/4 bathroom, a full kitchen and large shop area —both designed for effortless hosting or immediate rental income. A separate 912-sq ft guest house provides a more private 1-bedroom, 1-bathroom retreat, perfect for extended stays, multi-generational living, employee housing, or additional income streams. Uniquely positioned just two mins from one of many nearby Yellowstone River fishing access points, residents enjoy immediate proximity to world-class fly fishing, kayaking, rafting, and paddleboarding, while Emigrant's authentic charm -including the impeccably supplied General Store, Emigrant Outpost, Follow Yer Nose BBQ, and the historic Old Saloon - remain just a few minutes away. Renowned dining and natural hot springs at Sage Lodge and Chico Hot Springs lie within a 10-minute drive, offering resort-quality amenities without the resort crowds. Pass through the historic Roosevelt Arch at Yellowstone National Park's iconic Entrance which is a scenic 30-minute drive to the South, while Livingston's shopping, arts and dining rest 30 minutes to the North. For a wider variety of shopping, dining, cultural and recreational activities Bozeman's comprehensive amenities are a convenient 45 min drive away. Travel is easy with Bozeman International Airport an hour away and Mission Field only 30 mins away. Whether you envision a serene family compound, flexible employee housing, or an income-generating investment opportunity, this property embodies the coveted Paradise Valley lifestyle and the timeless Western charm that defines authentic living in one of Montana's most sought-after locations. Buyer to verify all listing information contained herein, including sq. ft. (taken from MT Cadastral).

Listing Agent

Rick Eisen

Legacy Lands, LLC License #BRO-54692 Listed on: 06/03/2025

Co-Listing Agent

Regina Wood

Legacy Lands, LLC License #RBS-79268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,865

Year Built

  • Built in 1950

Lot Details

  • 1.2 Acre Lot
  • South Facing Home
  • Landscaped
  • Lawn

Parking

  • Gravel Driveway

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0006523010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,865

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Fireplace
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Dining Room Type: Dining Room, Full Bath, Kitchen, Laundry, Living Room
  • Appliances: Dryer, Microwave, Range, Washer
  • Above Grade Finished Sq Ft: 1140.0
  • Living Area: 1140.0

Exterior Features

  • Roof: Asphalt
  • View: Mountain(s), Southern Exposure, Valley, Trees/Woods
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway, Landscaping
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: No Garage
  • Garage Yn: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Lawn, Landscaped
  • Lot Size Acres: 1.204
  • Lot Size Sq Ft: 52446.24
  • Parcel #: 0006523010
  • Zoning Description: NONE - None/Unknown

Tax Info

  • Tax Annual Amount: 3865.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,149,000 -- $1,008 / Sq Ft
Source: Big Sky Country MLS

Similar Homes in the area

  • 3 Cascade Ln, Livingston, MT 59047

    $1,000,000

    • 3 Beds
    • 2 Baths
    • 1,764 Sq Ft
    • 3 Cascade Ln
    • Livingston, MT

    Discover unmatched serenity at the base of the Absaroka Mountains from your 5.39 acres located in Montana's sought after Paradise Valley! This home offers sweeping views from the spacious living room, dining area, and kitchen. Enjoy easy access to the famed Yellowstone river for fishing, floating, or enjoying the beauty of nature. Located across from a conservation easement your views are

    Shawn Johnston Keller Williams Yellowstone Properties

    Section Image
  • 16 Wilson Rd, Livingston, MT 59047

    $1,275,000

    • 1 Bed
    • 1 Bath
    • 1,450 Sq Ft
    • 16 Wilson Rd
    • Livingston, MT

    Beautiful 20+ acres located in the incredible Paradise Valley with sweet ranch style cabin right beneath the Absaroka mountains. Located on private road with landscaped yard, trees and 360 degree mountain views. Come enjoy all Montana has to offer with hop, skip, and jump to Bozeman, Livingston, Yellowstone River and Yellowstone National Park. Enjoy all your favorite outdoor activities including

    Les Mathson Legacy Lands, LLC

    Section Image
  • 37 Bridger Meadow Ln, Pray, MT 59065

    $1,100,000

    • 1 Bed
    • 1.5 Baths
    • 2,016 Sq Ft
    • 37 Bridger Meadow Ln
    • Pray, MT

    Stunning 20.33 acre, private property in the heart of Paradise Valley. With sweeping vistas of three majestic mountain ranges, this home offers a front-row seat to the natural beauty of Montana. Originally built as a guest house. A separate electrical pedestal is already in place to power an additional dwelling or possibly a shop. The kitchen appliances and sink were all recently upgraded to

    Jane Tecca Montana Property Brokers

    Section Image
  • 108 Caledonia Rd, Livingston, MT 59047

    $1,125,000

    • 2 Beds
    • 1 Bath
    • 2,301 Sq Ft
    • 108 Caledonia Rd
    • Livingston, MT

    Experience authentic Montana living on this expansive 20-acre property, perfectly suited for horse enthusiasts or those looking to launch a short-term rental venture. With no recorded covenants, you’ll enjoy the freedom to make this land your own. Tucked away at the end of the road, the property offers unmatched privacy and breathtaking panoramic views of the Absaroka Mountains, Paradise Valley,

    Thail Davis Berkshire Hathaway - Bozeman

    Section Image
  • 28 Loch Leven Rd, Livingston, MT 59047

    $1,399,000

    • 5 Beds
    • 2.5 Baths
    • 2,624 Sq Ft
    • 28 Loch Leven Rd
    • Livingston, MT

    Welcome to your Montana dream property - Stonefly Retreat in Paradise Valley. An impeccably maintained, turn-key retreat with direct river access in the heart of Paradise Valley. Located just 42 miles from Yellowstone National Park’s North Entrance, this stunning home offers the best of Montana living with unparalleled access to nature, recreation, and local charm.Perched above the Yellowstone

    Tyler Johnson Windermere Great Divide-Bozeman

    Section Image

Source: Big Sky Country MLS

MLS Number: 402673

Big Sky Country MLS