198 & 200 Buttermilk Court, West Yellowstone, MT
$ 4,995,000
Property Attributes
  • MLS#388041
  • TypeSingle Family
  • CountyGALLATIN
  • CityWest Yellowstone
  • AreaWest Yellowstone
  • NeighborhoodMinor Subdivision
  • Zip59758
  • StyleCustom
  • Year Built2021
  • Taxes$ 9984
  • Price$ 4,995,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5245
  • Lot Size5.674 Acres
Data Source:
Big Sky Country MLS (BSCMLS)
Property Description

Shelterwood Lodge is a gated 5+ acre private residence featuring a main house, guest house and large shop – all newly constructed in 2021, a rare find in West Yellowstone, Montana! The property includes mature timber and expansive views from the main house with 4 bedrooms, 3.5 baths and 2 car garage, the guest house with 2 bedrooms, 2 bathrooms and 2 car garage, and a large 24’x40’ insulated/heated shop, with room for RV or vehicle storage, water and 14’ tall door. This private location backs to over 2 million acres of public lands, including U.S. Forest Service and Yellowstone National Park, providing plenty of hiking trails, groomed snowmobile trails and horse trails out your back door – with the convenience of being less than 10 minutes away from downtown West Yellowstone, the entrance to Yellowstone National Park and boating/water skiing on nearby Hebgen Lake. Relax and enjoy the great outdoors from each home both indoors, thru the expansive windows, and outdoors, from the 360 degree wrap around covered decks, with private hot tubs. Other attributes include open kitchen/living/dining with vaulted ceilings and bonus family/game room in each home, efficient soapstone Tulikivi double sided fireplace and soapstone fireplace, two large outdoor campfire areas, up to 2 horses allowed, fencing on half the property, zoned for short term rentals and within close proximity to many Idaho and Montana Blue Ribbon streams. The owners have created the ideal setting for hosting large families, adventurous groups and corporate retreats - resulting in all 5-star reviews from their rental guests. Property is selling completely furnished turn-key with fully stocked kitchens and linens – move right in or continue operating the property as one of the best vacation rentals in the area the moment you close. Owner currently hosts vacation rentals in both homes May thru the first week in January each year, this is by choice. Gross revenue for that time frame in 2021 was $182k, in 2022 $210k and in 2023 $249k - there is a high potential for additional rental income in Jan/Feb/March/April with winter Yellowstone Park enthusiasts, Nordic skiers and snowmobilers frequenting the area during the winter. This is an ideal investment property, family/corporate retreat or full-time residence! Neighboring vacant land on Lot 2 is also for sale and includes 5+ acres with Buttermilk Creek running thru it, see MLS #388040.

Price History
11/24/2023 Listed $4,995,000

General Features

Interior Features Fireplace,VaultedCeilings,WalkInClosets,UpperLevelPrimary
Sewer SepticTank
Heating ForcedAir,Propane,Wood,WallFurnace
Cooling CeilingFans
Utilities ElectricityConnected,Propane,SepticAvailable
Possession ClosingFunding,Closing,DeliveryOfDeed
Roof Asphalt
Appliances Dryer,Dishwasher,Microwave,Range,Refrigerator,WaterSoftener,Washer
Exterior Features GravelDriveway
HOA 0.0
Garage Spaces 6.0
Patio/Porch Features Covered,Deck
Architectural Style Custom
Security Features SecuritySystem,FireSprinklerSystem
Construction Materials LapSiding
Pets Allowed Yes
Year Built 2021
View Meadow,Mountains,Rural,TreesWoods
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Tax Year 2023
Percent Ownership Full
Waterfront Features None
County Gallatin
New Construction No
Property Type Residential
Association Amenities Trails
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name Minor Subdivision
Possible Use Recreational
Garage Y/N Yes
Status Active
Directions Call or text listing agent,Michelle Horning at 406-570-8901,as property is gated,an active vacation rental and there is no for sale sign.
ModificationTimestamp 2024-03-28T20:54:41.103-00:00
City West Yellowstone
Buyer Agent Compensation 3.00
View Y/N Yes
Senior Community Y/N No
Zoning Description RR - Rural Residential
MLS Area West Yellowstone
Lot Size Square Feet 247159.44
Waterfront Y/N No
Carport Y/N No
Street Name Buttermilk
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9984.51
Home Warranty Y/N No
Ok to Lease Daily
Lease Renewal Y/N No
MLS Area Minor 5W - West Yellowstone City
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour
Days on Market 129
Standard Status Active
Total Actual Rent 2252.0
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No
Lease Amount 2252.0
PostalCity West Yellowstone
Legal Description MINOR SUB 451,S22,T13 S,R04 E,Lot 3,ACRES 5.674

Interior Features

Flooring PartiallyCarpeted,Plank,Tile,Vinyl
Fireplace Features WoodBurning,WoodBurningStove
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Window Features WindowCoverings
Fireplace Y/N Yes
Above Grade Finished Area 5245.0
Full Baths 3
Half Baths 1
3/4 Baths 2
Street Suffix Court
Total Bedrooms 6
Electric On Property Y/N No
Room Type BonusRoom,DiningRoom,FamilyRoom,Garage,HalfBath,Kitchen,Laundry,Loft,LivingRoom,PrimaryBedroom
LivingAreaSource Owner
Total Baths 6

Exterior Features

Fencing Partial
Parking Features Attached,Detached,Garage,GarageDoorOpener
Lot Features AdjacentToPublicLand
Water Source Well
Lot Size Area 5.674
Horses No
Spa No
Irrigation/Water Rights No
Building Area Total 5245.0
Lot Size Acres 5.674
Road Surface Type Gravel
Lot Size Units Acres
Crops Included Y/N No
Road Responsibility PrivateMaintainedRoad
Open Parking Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 59758

AVG $1.37M
AVG $3,701
AVG 113
Data Provided by Inside Real Estate®
Year Built
AVG 1992