Land for Sale in Pray, Montana

Paradise Valley Farm is conveniently located in the most picturesque part of the highly sought-after Paradise Valley, midway between Yellowstone National Park and Livingston, Montana, with 360-degree views. Spanning 152+- deeded acres, with a significant portion of the land under pivot irrigation, this farm represents a lucrative investment opportunity for farmers, investors, or somebody looking for the perfect family retreat. The combination of irrigated acres, fertile land, overall land size in two parcels, and strategic location in Paradise Valley is extremely rare. Paradise Valley Farm's pasture is divided in half, with 130+- acres under pivot. The west half contains an alfalfa/grass mix, while the east half is all grass. The entire pasture has historically yielded about 450 to 520 1,250-pound round bales per year, roughly 300 tons of hay, equating to about 2.5 tons per acre. With proper farming, fertilizing, grazing, and consistent water, the pasture should reach the four-tons per acre mark, as the ranch boasts excellent soil and solid water rights. A local rancher currently leases the pasture and will harvest the hay in August. This leasing arrangement is an additional source of revenue for the owner and optimizes the property's resources, ensuring that both the pasture and farming areas are productive. The Absaroka Range, Mill Creek drainage, and Emigrant Peak form a stunning backdrop to the east and south, offering panoramic views. The property enjoys a picturesque setting, with the Gallatin Range gracing the western skyline. Less than 10 minutes from fishing on the Yellowstone River, with good water rights and breathtaking views in a peaceful and private setting, Paradise Valley Farm offers a great slice of outdoor Montana in the aptly named Paradise Valley.