A rare opportunity to own an established nightly rental just minutes from Yellowstone National Park. Situated on a half-acre in West Yellowstone’s desirable Lazy Acres neighborhood, this 2,536± SF home offers an exceptionally functional 5-bedroom, 5-bath layout with the space and flexibility to comfortably accommodate family, friends and larger groups. Inside, warm wood floors and finishes, vaulted spaces and abundant natural light give the home the character of a true Montana retreat. Generous gathering areas provide plenty of room to unwind, while the expansive covered deck extends the living space outdoors and offers an ideal place to enjoy cool mountain mornings and summer evenings. A large detached heated garage provides exceptional room for vehicles, snowmobiles and recreational gear, and direct access to the area’s extensive trail system adds to the property’s four-season appeal. Currently operating as a highly successful nightly rental with an established rental history, 244 Mule Deer Road offers a compelling combination of a Yellowstone-area getaway and proven income-producing property.
What an incredible investment opportunity in the rarely available Lazy Acres neighborhood of West Yellowstone, MT! This property boasts an incredible 5 bedrooms and 5 bathrooms with numerous upgrades to accommodate all your guests while they enjoy direct access to trails, a spacious heated garage, and are just minutes away from the entrance to Yellowstone National Park. Currently operating as a highly successful vacation rental, this property delivered nearly $110k of gross revenue in 2023, and is on-track for a similar 2024. Depending on close date, the future owner of this home gets the opportunity to earn their portion of this summer’s gross revenue for an immediate infusion of rental income post-close. For those that know West Yellowstone, you know this market is fairly restrictive with the ability to rent, but not here. This neighborhood has always been friendly to vacation rentals and has no HOA or Covenants. Come see this home for yourself to understand how this updated turnkey opportunity gives you a rarely available income stream in West Yellowstone, MT.
Public Records
Mar 9, 2022
Sold
—
Public Records
Sep 22, 2017
Sold
—
Public Records
Oct 20, 2011
Sold
—
BSCMLS #172820
Oct 20, 2011
Sold
—
Sep 28, 2010
Listed
$329,000
$130/sq ft
+3
Comfortable Cabin Retreat. Handsome property in the perfect location for your Family Home, Vacation Retreat, Bed & Breakfast, Cooperate Retreat or Short Term Rental Home. Warm and inviting, 4 Bedroom Suites; one w/ clawfoot tub, den, beautiful kitchen, office, laundry room, and gas stove. Wrap around covered porch, deck and open deck. Detached over-sized garage with ample room storing your equipment & gear, plenty of room for parking your vehicles and the boats, motor cycles, etc and work shop.
Year
Property tax
Land + Additions
Assessment*
2025
$3,165 (−25.7%)
$246,457 + $650,743
$897,200
2024
$4,260 (+8.3%)
$246,457 + $650,743
$897,200
2023
$3,936 (+15.4%)
$171,904 + $696,196
$868,100
2022
$3,410 (+2.4%)
$171,904 + $696,196
$868,100
2021
$3,330 (−2.0%)
$85,962 + $493,738
$579,700
2020
$3,400 (+2.3%)
$85,962 + $493,738
$579,700
2019
$3,322 (+9.4%)
$66,783 + $471,717
$538,500
2018
$3,035 (+9.2%)
$66,783 + $471,717
$538,500
2017
$2,779 (+7.7%)
$58,107 + $364,970
$423,077
2016
$2,580 (−0.3%)
$58,107 + $364,970
$423,077
2015
$2,587 (+12.4%)
$58,350 + $323,770
$382,120
2014
$2,301
$58,350 + $323,770
$382,120
Public record
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
2010
Finished Sq. Ft.
2,536
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,536
Year built
1985
Style
Single Family Residential
County
Gallatin County
APN
06-0061-21-3-05-20-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
1/10 Heat Factor
8 days above 81° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
West Yellowstone, MT • 59758
Average low and high temperatures (°F)
26
2
34
12
45
20
49
23
63
30
69
36
81
41
79
40
71
33
54
26
38
18
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.7 hours in December, which is comparable to the
U.S. average for solar exposure.