Prime investment opportunity just 8 blocks from Yellowstone National Park’s West Entrance. This fully furnished, turn-key short-term rental property includes two modern 4 bed, 3 bath cabins (built in 2020), each offering over 2,000 sq ft of living space. Designed with guest comfort and privacy in mind, both units feature open-concept kitchens, spacious living areas, game rooms, and fireplaces. The two homes share a beautifully landscaped yard with a large herringbone paver patio and fire pit—perfect for entertaining groups of up to 16 under the stars. Zoned and sized to allow for the construction of two additional homes, this 0.34-acre parcel offers significant expansion potential and long-term upside. Whether you're looking to grow a short-term rental portfolio or capitalize on the growing West Yellowstone market, this rare multi-unit opportunity blends income, location, and future development.
For sale
$2,494,000
19 Iris Rd, West Yellowstone, MT 59758
8beds
6baths
--sqft
Est.:
Multi Family, Single Family Residence
Built in 2020
-- sqft lot
$2,449,500 Zestimate®
$--/sqft
$-- HOA
What's special
Large herringbone paver patioBeautifully landscaped yardGame roomsOpen-concept kitchens
- 6 days |
- 249 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: February 24, 2026 at 04:07pm
Listed by:
Misty Jessup 406-640-3011,
Misty Mountain Property
Source: Big Sky Country MLS,MLS#: 408901Originating MLS: Big Sky Country MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Features
- Fireplace, Window Treatments
- Flooring: Hardwood
- Windows: Window Coverings
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Porch
- Exterior features: Concrete Driveway
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
Lot
- Size: 0.34 Acres
- Features: Adjacent To Public Land, Lawn
Details
- Additional parcels included: RRG65504
- Parcel number: 06006234206250000
- Zoning description: B3 - Central Business
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cabin,Contemporary
- Property subtype: Multi Family, Single Family Residence
Materials
- Other
- Roof: Asphalt
Condition
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Propane, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: West Yellowstone Original Plat
HOA
- Has HOA: No
- Amenities included: Ski Accessible, Trail(s)
Location
- Region: West Yellowstone
Financial & listing details
- Tax assessed value: $2,059,916
- Annual tax amount: $4,032
- Date on market: 2/25/2026
- Cumulative days on market: 94 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full
- Road surface type: Paved
Estimated market value
$2,449,500
$2.33M - $2.57M
$2,878/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $2,494,000-11.7% |
Source: Big Sky Country MLS #408901 Report a problem | ||
| 1/31/2026 | Listing removed | $2,825,000 |
Source: Big Sky Country MLS #403569 Report a problem | ||
| 11/17/2025 | Listed for sale | $2,825,000 |
Source: Big Sky Country MLS #403569 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,012 -33.8% | $1,101,200 -10% |
| 2024 | $6,059 +8.3% | $1,224,187 |
| 2023 | $5,593 +32% | $1,224,187 +79% |
| 2022 | $4,238 +1.9% | $683,985 +3.4% |
| 2021 | $4,161 +139.8% | $661,585 +156.5% |
| 2020 | $1,735 -9.2% | $257,926 |
| 2019 | $1,912 +225.8% | $257,926 +229.2% |
| 2018 | $587 +3.3% | $78,338 |
| 2017 | $568 -63.9% | $78,338 -48.2% |
| 2016 | $1,571 | $151,100 |
| 2015 | $1,571 +15.5% | $151,100 +40.4% |
| 2014 | $1,360 | $107,584 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,170/mo
Principal & interest
$12861
Property taxes
$1309
Climate risks
Neighborhood: 59758
Nearby schools
GreatSchools rating
- 5/10West Yellowstone SchoolGrades: K-5Distance: 0.5 mi
- NAWest Yellowstone 7-8Grades: 6-8Distance: 0.5 mi
- 4/10West Yellowstone High SchoolGrades: 9-12Distance: 0.5 mi
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