Welcome to your Montana dream property - Stonefly Retreat in Paradise Valley. An impeccably maintained, turn-key retreat with direct river access in the heart of Paradise Valley. Located just 42 miles from Yellowstone National Parks North Entrance, this stunning home offers the best of Montana living with unparalleled access to nature, recreation, and local charm.Perched above the Yellowstone River with unmatched views of the Absaroka Range and a short walk to the iconic Yellowstone River.Situated on 2.74 acres, this 5-bedroom, 2.5-bathroom home spans over 2,600 square feet and sits safely above the Yellowstone River on top of the levy, outside of the FEMA floodplains. A private walking path leads you to a sandy beach and day-use fishing access, while the Loch Leven boat ramp is just two minutes away.From the primary suite with its custom dual-sided gas fireplace and private sitting room, or from the expansive rebuilt decks, youll feel like you can reach out and touch the Absarokas. The Milky Way Galaxy and countless shooting stars provide wonder and amazement late into the summer nights. Inside, you'll feel cozy comfort and marvel in the preserved authentic, rustic Montana charm. Thoughtful updates include new basement flooring, a complete interior repaint, landscaping, a new furnace, new electric panel, and a replaced hot water heater to name a few. The home is sold fully furnished (new and antique pieces)including a packed calendar of Airbnb bookings, consistent 5-star reviews, and the option to continue with one of Paradise Valleys most highly regarded property managers, if that's what you seek.Other features include: No HOA and minimal covenants Ultra-high-producing well Massive pole barn for tools, gear, and equipment (lawn mower and other tools included!) Rebuilt 850 sq. ft. of deck space for soaking in the views or hosting guestsPrime Location: 4.5 miles south of Pine Creek Lodge (home to an epic summer music lineup) 4 miles north of Mill Creek Rd 15 minutes to Chico Hot Springs, Sage Lodge, and the iconic Old Saloon Nestled between Copper Rose Ranch and Stoneflowertwo of the areas most sought-after wedding venuesWhether youre seeking a full-time residence, an income-producing vacation rental, or a private fishing basecamp, this property delivers the rare combination of easy river access (without the worries), mountain views, and turnkey comfort in one of Montanas most celebrated valleys.