286 Mule Deer Road, West Yellowstone, MT 59758

$1,000,000
3
BD
4
BA
2,198
SqFt

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Sold Price
$1,000,000
List Price
$1,040,000
Status
CLOSED
Days on Market
257
Closing Date
Feb 26, 2026
MLS#
399105
Subtype
Residential
Architectural Style
Custom
Year Built
1992
Bedrooms
3
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
2,198
Lot Size
34,848
Acres
0.80
Subdivision
Lazy Acres
MLS Area Major
West Yellowstone

Property Description

Charming Forest Edge Retreat Near Yellowstone National Park AND A Short-term Vacation Rental! Located just 8 miles from the world-famous Yellowstone National Park and West Yellowstone, MT, this stunning 2200 sq. ft. home offers the perfect blend of comfort, convenience, and adventure. Set on a serene lot adjacent to Forest Service land, this property boasts breathtaking mountain views and immediate access to outdoor activities, including hiking, fishing, skiing, snowmobiling, and boating at nearby Hebgen Lake. Currently operating as a successful nightly rental, the home features 3 spacious bedrooms and 3.5 updated bathrooms, offering plenty of room for family or guests. Recent improvements include a brand-new range and oven, modern flooring in the bathrooms, and tasteful furnishings and decor—*all included* with the sale. The home is fully up to rental code, with updated stairs, ingress/egress, electrical updates, and EV charging, making it ready for immediate use. In addition to the main home, there is a newly added ADU on the property: a fully-insulated 28' yurt by Living Intent. This cozy, unique space includes plumbing, electricity, and a snow-loading package, offering an extra 600 square feet of living space or potential for additional rental income. Relax after a day of exploring in the luxurious 6-person hot tub, or venture out to explore the abundant trails and outdoor recreation that surround the property. In particular Buttermilk Creek Trail is adjacent to the property and connects the property to miles of groomed snowmobile and hiking trails. Whether you’re looking for a year-round retreat, a vacation rental investment, or a family getaway, this home offers exceptional opportunities in one of the most sought-after locations in Montana. The calendar for this property is filling up quickly so please be flexible with showing availability. Don’t miss your chance to own a piece of paradise just minutes from Yellowstone!

Additional Information

Taxes
$3,329
Financing
Conventional
Flooring
Hardwood, Partially Carpeted
Appliances
Cooktop, Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Heating
Baseboard, Electric, Propane
Air Conditioning
None
Stories
2
Roof
Metal
Parking Features
Attached, Garage
Garage Spaces
1
View
Meadow, Mountain(s), Rural, Valley, Trees/Woods

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Courtesy of Grant Evje with Montana Territorial Land Co.

Courtesy of Grant Evje with Montana Territorial Land Co.