For sale

$2,494,000

19 Iris Rd, West Yellowstone, MT 59758

8beds

6baths

--sqft

$15,725/mo

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Multi Family, Single Family Residence

Built in 2020

-- sqft lot

$2,328,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Large herringbone paver patioBeautifully landscaped yardGame roomsOpen-concept kitchens

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.

167 days

232

9

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
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: 255 days
Listing terms: Cash,1031 Exchange,3rd Party Financing
Ownership: Full
Road surface type: Paved

Estimated market value

$2,328,600

$2.21M - $2.45M

$2,444/mo

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

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

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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