Wonderful and well-located Paradise Valley residence or flex-use property with mountain views. Custom single-level home and a turn-key investment property or business location that has been used as an art studio, research facility, or recreation outpost. No covenants. Situated close to the Yellowstone River and Livingston on East River Road between Pine Creek and Emigrant in an area known for both iconic businesses and luxury homesteads. Two unit dwelling with 2 car garage, a shed, and an extra pad used previously for another residence.Excellent rental income, consistent 5-star ratings among Airbnb renters. Major remodel completed in 2023.The great room (1700 SF) features great natural light, a vaulted ceiling, open design with and features like a Vermont Casting stove, skylights, and oversized picture windows. Smaller room (600 SF) with a full bathroom and great features. The rooms may be configured open or separate - conducive to renting either side and well designed for owner occupancy or as single residence. The garage features ample storage, a meeting area and a recently-added full bathroom for convenience and/or shared use. Buyer could possibly add a bedroom or separate dwelling as residence or as a separate rental unit to add or increase income. Outside features include deck space, 10x12 and 8x10 sheds, and a greenhouse. The property is adjacent to a very well known wedding venue, making it particularly well-suited for a rental property. Plenty of room for expansion and for multiple uses.Buyer to verify all details. Call for a showing!