Own A Town on the Yellowstone River

Why just own a house in Paradise when you can own a whole town and be the person who collects the rent?

That’s a question some would-be home buyers might be asking after the town of Pray, Montana just went up for sale for $1.4 million. Pray, as many of you might know, sits in the center of Paradise Valley, which is located between the trout-addicted towns of Livingston and Gardiner, Montana, right on a main route into Yellowstone National Park.

The valley is home to two fly-fishing landmarks, the Yellowstone River and Chico Hot Springs. The Yellowstone, of course, is one of the country’s greatest fly-fishing treasures offering big brown and rainbow trout, plus wonderful hatches to match. The scenery surrounding the valley—the Absaroka Mountains to the east and the Gallatin Range to the west—is stunning and wildlife is abundant with sightings of moose, grizzlies, elk, mule and whitetail deer, black beer and antelope, relatively common.

Chico Hot Sprins is an old, classic hotel, restaurant and bar with the added bonus of a great hot springs pool. Generations of anglers have soaked here and sucked down suds after great days on the water.

So what’s the deal? Well, after 59 years of family ownership, the town is up for sale. For that price a buyer would own five acres of land, an old store, a new post office, a new commercial building and several outbuildings. Think of the possibilities—fly shop, general store, tent sites, home. Want some more details? Got a group of buddies with fly-fishing and business vision? READ FULL STORY

 

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