NEW FINDING! Reputable surveyor has deemed the property contains 3 separate parcels which adds great value and investment opportunity. 15+- Acres with 1,750+- of Yellowstone River Frontage. This incredible 15 acres has springs, trees, meadows, river views and frontage - two awesome sites with good septic systems. The 1931 home was once the historically famous Wanigan, a beloved cookhouse originally used by river workers on the Yellowstone. Used as a residence for many years now, the home is in rough shape with strong potential. Besides the home, there is a river front build site with approved septic that truly captures the Yellowstone River and beauty of Paradise Valley (currently a mobile home not owned by seller has a $500 a month lease until May 2027 on this site). The property has East River Road separating the river front property from the beautiful land adjoining Sage Lodge that is a rich habitat for a variety of wildlife. Both homes are serviced by spring water. Enjoy the pictures and with this great price on a rare Paradise Valley and Yellowstone River property - consider it an opportunity for the "right" person!