Rare Mixed-Use Paradise Valley Compound. A property that refuses to fit into one category-and that is 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, surrounded 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. Extensive insulation upgrades and mini-split heating/cooling add comfort. With a separate entrance, the finished lower level includes a legal bedroom, full bath, kitchenette, laundry, dry bar and additional flex rooms-ideal for multigenerational living or potential rental use. Privately situated toward the back, the beautifully updated second residence offers independence for family, guests or tenants. This single-level, 1-bedroom, 2-bath home features hardwood floors, custom cabinetry, upgraded finishes and an expansive open-concept kitchen and living area with vaulted ceilings. An oversized primary suite, laundry, generous storage and two walk-out patios-including one covered with additional 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 possibilities for an office, art studio or creative retreat. With a history of commercial use, the property offers exceptional flexibility for entrepreneurs, creative pursuits, and a variety of live/work opportunities. Outside, mature trees, extensive irrigation, covered patios, a greenhouse and enclosed four-season grilling area create an inviting setting. A seasonal canal runs along the property, with private neighborhood access to the Yellowstone River nearby. Convenient to Livingston, Chico Hot Springs, Sage Lodge, The Old Saloon and Yellowstone National Park. Whether envisioned as a primary residence, multigenerational retreat, live/work compound or potential income-producing investment, this property offers something increasingly difficult to find: space, infrastructure, recreation and genuine flexibility. Bring the family. Bring the business. Bring the projects. There's room for it all.