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Shelterwood Lodge is a gated 5+ acre commercial vacation rental property 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 or corporate retreat! Neighboring vacant land on Lot 2 is also for sale and includes 5+ acres with Buttermilk Creek running thru it, see MLS #388040. This listing is cross referenced with residential listing, see MLS #388041.

• Sq Footage
  5245
• Acres
  5.674
• Days on Market
  139

Additional Features

• Building Area Total
  5245
• City
  West Yellowstone
• Contract Status Change Date
  2023-12-20
• Cooling
  Ceiling Fans
• Cumulative Days On Market
  121
• 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.
• Heating
  Forced Air, Propane, Wood, Wall Furnace
• Heating
  Yes
• Latitude
  44.683605
• Listing Contract Date
  139
• Listing Key
  1069731446
• List Price
  4995000
• Living Area
  5245
• Longitude
  -111.231738
• Lot Size Acres
  5.674
• Lot Size Square Feet
  247159
• MLS Area Major
  West Yellowstone
• MLS Area Minor
  5 W - West Yellowstone City
• MLS Status
  Active
• Original List Price
  4995000
• Originating System Name
  S W M T
• Ownership
  Full
• Parcel Number
  00 R R F65105
• Photos Count
  48
• Postal Code
  59758
• Property Sub Type
  Building Business
• Property Type
  Commercial Sale
• Sewer
  Septic Tank
• Standard Status
  Active
• Subdivision Name
  Minor Subdivision
• Tax Annual Amount
  9985
• Tax Legal Description
  MINOR SUB 451, S22, T13 S, R04 E, Lot 3, ACRES 5.674
• Tax Year
  2023
• Unparsed Address
  198 & 200 Buttermilk Court
• Utilities
  Electricity Connected, Propane, Septic Available
• Water Source
  Well
• Year Built
  2021

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