The Yellowstone River Ranch (Double AA) is one of the most beautiful and authentic ranches to come to market in Livingston Montana’s Paradise Valley. Here you will enjoy world-class trout fishing along the Yellowstone River and spring creek, a robust wildlife habitat, multiple home sites and ranching opportunities - all surrounded by scenic vistas of the Absaroka Beartooth and Gallatin Mountains. A tenant-manager couple lives on site and has operated their independent cattle operation for +20 years. The extremely liberal conservation easement generally allows for the transfer of no more than 3 parcels, construction of up to 5 new residences, the ability to remodel or renovate 4 existing residences, leasing of residences for any term, bed & breakfast, commercial guest ranching, eco-tourism, agricultural activities. Well suited for use as an executive ranch or family retreat that will provide years of enjoyment whether it be on a full or part-time basis. Excellent location in Pine Creek.