Rare Mixed-Use Paradise Valley Compound A property that refuses to fit into one category—and that’s exactly what makes it special. Set on 2.08 acres, 5 Moose Horn Lane offers multiple living spaces, substantial shops, live/work flexibility and income potential, all framed by mature landscaping and Absaroka Mountain views. The main residence blends Montana character with versatility. The upper level features a spacious primary suite, walk-in closet, updated kitchen, vaulted ceilings and laundry. Insulation upgrades and mini-split heating/cooling enhance comfort. With a separate entrance, the finished lower level includes a legal bedroom, full bath, kitchenette, laundry, dry bar and flex rooms—ideal for multigenerational living or potential rental use. Privately positioned at the back, the updated second residence offers independent living for family, guests or tenants. This single-level, 1-bedroom, 2-bath home features hardwood floors, custom cabinetry, upgraded finishes and an open-concept kitchen and living area with vaulted ceilings. An oversized primary suite, laundry, generous storage and two walk-out patios—including a covered patio with workspace—overlook the greenhouse, seasonal canal and mountains. Two approximately 32' x 38' shops feature heating/cooling, upgraded insulation, storage and workshop space. A converted garage adds recreation space, while a detached, heated cedar studio offers potential for an office, art studio or creative retreat. With a history of commercial use, the property offers exceptional live/work flexibility. Mature trees, extensive irrigation, covered patios, a greenhouse and an enclosed four-season grilling area create an inviting outdoor setting. A seasonal canal borders the property, and exclusive HOA access to the Yellowstone River offers a special opportunity to enjoy one of Montana’s most treasured waterways. Convenient to Livingston, Chico Hot Springs, Sage Lodge, The Old Saloon and Yellowstone National Park. Whether a primary residence, multigenerational retreat, live/work compound or potential income-producing investment, this property offers space, infrastructure, recreation and uncommon flexibility. Bring the family. Bring the business. Bring the projects. There's room for it all.