The Tall Pony Preserve represents a unique opportunity for a new owner to create their own Montana lifestyle in a spectacular setting. Surrounded by 360-degree striking views, the Preserve is situated in one of the most desirable locations in Paradise Valley, on an irrigated bench lying at the base of the majestic Absaroka mountains. Tall Pony Preserve is situated approximately 19 miles from Livingston and about 38 miles from Yellowstone National Park. Nearby amenities include Chico Hot Springs Resort, Sage Lodge and Yellowstone Valley Lodge. There is public access to numerous trail heads leading into the Gallatin National Forest for hiking, mountain biking, skiing, trout fishing and floating on the serene Yellowstone River. Designed for use as a residential family compound and/or the growing of hay and other agricultural crops, this gorgeous 140 +/- acre site is currently planted in hay with a crop share arrangement in place for the 2023 season. The irrigation pivot and water rights that feed the pivot will convey to the new owner. The opportunity to acquire pristine land of this size and quality in Paradise Valley, known for its scenic beauty and abundant recreational resources, is extremely rare as the options are very limited. Please Note: No Subdivision is allowed.