A portable ladder stand for outdoor use, which provides a hunter or naturalist with an elevated vantage point for viewing or harvesting game. The stand includes a pivotally attached seat to permit the hunter or naturalist to change from a seated position to a standing position or vice versa in a comfortable and secure manner. The stand further includes a plurality of adjustable rests, capable of being manipulated by the hunter or naturalist in either the seated or standing position, for convenient placement of various objects, such as a bow, pack, camera or gun.