Located in the heart of Paradise Valley, midway between Livingston and Yellowstone National Park, this split-level home offers a variety of configurations depending on intended use. It is currently set up as two distinct living areas, each on its own level and separated via a lockable door. The main floors living room opens to a spacious deck offering an impressive view of Emigrant Peak and the Absaroka Range. A redwood deck on the other side of the home, accessed from the dining area, provides additional westward views and a bit of privacy and shade to the downstairs walkout patio. Past the kitchen is a guest bedroom and full bathroom, a laundry area, a primary bedroom with en suite bathroom, and a spacious walk-in closet. The downstairs daylight basement apartment features a living room, kitchen, bedroom, full bathroom, laundry area, and non-conforming bedroom, along with the mechanical room. The main level flooring is hardwood, while the lower level is comprised of slate tile; no portion of the home contains carpet. The entire home is heated via hot water baseboard heat, which operates without the use of ductwork that can become a carrier for dust and pet dander. Outside, there is a detached two-car garage and a storage shed. This house rests on two full acres, and its current layout offers numerous income-producing rental options, or you can utilize it solely as a single-family home. Please note that this property is being offered in AS-IS condition. Buyers are to conduct their due diligence during the transaction to their own satisfaction. *Link to video walkthrough available upon request.