West Yellowstone Homes under $2 million

Log retreat above Hebgen Lake with sweeping lake and mountain views from nearly every room. Set on 1.549 acres, this 1978 log home offers 5,833 sq ft across two levels and a walk-out basement, with massive log beams, vaulted ceilings, and a towering stone fireplace anchoring the great room. The kitchen features stone counters, a built-in paneled refrigerator, and windows framing the water, and the dining room opens to covered decks. A balcony, covered patio, and gazebo add more room to enjoy the setting. The walk-out basement includes two non-conforming bedrooms and a 2-bedroom caretaker quarters. The detached shop garage offers 2,000 sq ft of garage space, including a 405 sq ft ADU with a kitchenette. With multiple doors and a potential lockout, the property offers several income opportunities. Wet bar, walk-in closets, multiple fireplaces and stoves, and a landscaped yard with log rail fencing complete the package. Forest Service land and Yellowstone National Park are close by, and West Yellowstone is about 20 minutes away. Buyer to verify all details, including rental use, bedroom count, and square footage.

670 Lakeview Road, West Yellowstone

$730,000

3 Beds ⋅ 2 Baths ⋅ 414838 MLS

A Curtis Reese design and build that never has had children nor pets - - - perfect condition - - - great kitchen - - - attached double garage w/ openers - - - bonus room over the garage that could be exercise room, office, fourth bedroom, sewing or fly tying, you name it - - - great deck off kit/dining room - - - secluded back yard - - - borders on walking/biking path - - - immediate possession - - - STR are not allowed in the Madison Addition by Covenant and Zoning - - - Let's go look !!

340 Lewis Avenue, West Yellowstone

$1,495,000

5 Beds ⋅ 5 Baths ⋅ 414617 MLS

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.

244 Mule Deer Road, West Yellowstone

$1,250,000

4 Beds ⋅ 4 Baths ⋅ 414109 MLS

Forest Edge Retreat Home. Begin your West Yellowstone adventure right from home. Live on the edge...the edge of the forest, West Yellowstone, trails and Yellowstone Park. Property back to forest service lands surrounded by world class trails. West Yellowstone town center only blocks away. West gate into Yellowstone Park at the edge of town. Perfect balance of Montana everyday comfort in a desirable Madison Addition home. This residence is set on .355 fenced lot with 4 bedrooms, 3.5 bath, bonus room and so much more. Home offers warmth, comfort and space for everyday living or transforms to your Yellowstone area Retreat. Main living areas are perfect for gathering after a day of work, riding the trails, hiking, skiing or exploring the great outdoors. Living room features stone hearth with wood burning stove keeping the winter heat up and the utility bills down. Gourmet kitchen with lots of granite counter space, work/eat-in kitchen island, stainless appliances, build in cook top, oven/warming oven and more. Enjoy family meals at the kitchen dining table or make it a more refined meal in the formal dining room. The deck expands the living space outdoors to your back yard oasis among the pines and at the forest edge. Creates a natural place to relax, dine and entertain while in the peace and privacy of your own back yard. Four bedrooms are located upstairs including the primary suite, creating a functional layout that keeps spaces separated. Make the best hangout spaces for friends and family on the lower level with a media room/rec room that has a separate entrance from the attached garage. The lower-level bonus room provides excellent flexibility for work-from-home setup and guest accommodations. Abundance of large windows throughout brings the natural light and the outdoors in. Attached heated 2 bay garage with work bench easy access to homes main level, lower level, and the back yard. Paved driveway extends to the back heated detached 24x32 garage with two overhead doors and walk-in-door - perfect for ATVs, a workshop, equipment, all your gear and additional storage. Whether you're looking for a year-round home or your seasonal retreat, this home offers your opportunity for life lived Montana Style at the Forest's Edge.

726 N Hayden Street, West Yellowstone

$999,999

4 Beds ⋅ 2 Baths ⋅ 413270 MLS

Rare investment opportunity in the heart of West Yellowstone! This unique property combines residential living with exceptional commercial potential on two original lots combined into one expansive parcel, offering desirable B-3 Commercial zoning and endless possibilities. Whether you’re looking for employee housing, retail, warehouse space, offices, mixed-use development, or nightly lodging (subject to local regulations and approvals), this property is positioned to meet a wide variety of investment goals. Generate income from day one with two existing rental units, one "front" home featuring 3 bedrooms, 1 bathroom, kitchen, laundry room and living area. The back unit is complete with separate entrance, a kitchen, living room, laundry room, 3/4 bathroom and bedroom. There are five separate trailer pads, providing immediate cash flow while you plan for future development. The property also features SIX individual water and sewer hookups, adding tremendous value and flexibility for development. Ideally located within walking distance of West Yellowstone’s iconic Main Street, you’ll enjoy easy access to restaurants, shopping, entertainment, schools, grocery stores, outfitters, and Yellowstone Airport. Just minutes from the west entrance of Yellowstone National Park, this location benefits from millions of annual visitors and strong year-round demand for housing, lodging, and commercial services. Outdoor recreation is second to none. Enjoy world-renowned blue-ribbon trout fishing on the Madison River, boating and fishing at nearby Hebgen Lake, plus endless opportunities for hiking, mountain biking, horseback riding, wildlife viewing, snowmobiling, cross-country skiing, and exploring the surrounding Gallatin and Targhee National Forests. Whether you’re searching for an income-producing investment, a live-work opportunity, employee housing, or a property with exceptional redevelopment potential, this offering delivers unmatched versatility in one of Montana’s premier gateway communities. Continue generating income from the existing rentals and trailer pads, or capitalize on the flexibility of B-3 Commercial zoning to bring your vision to life. Commercial properties with existing cash flow, utility infrastructure, and redevelopment opportunities this close to Yellowstone National Park are increasingly rare. Don’t miss this chance to own a highly versatile, income-producing property in one of Montana’s strongest tourism and investment markets.

625 Firehole, West Yellowstone

$1,390,000

6 Beds ⋅ 4 Baths ⋅ 412625 MLS

Discover this beautifully completely remodeled, fully furnished home in the heart of West Yellowstone! Featuring 6 bedrooms, 3.5 bathrooms, an extra-large garage, and a spacious deck, this move-in-ready property offers the perfect blend of comfort, style, and Montana living. Built on two lots, the property provides an exceptional sense of space and privacy while still being conveniently located near all that West Yellowstone has to offer. Whether you're relaxing on the large deck, enjoying the generous outdoor space, or gathering with family and friends inside, this home is designed for making lasting memories. Thoughtfully updated from top to bottom, the home features modern finishes and inviting living spaces that are ready to enjoy from day one. Located just minutes from the West Entrance to Yellowstone National Park, you'll have easy access to world-class wildlife viewing, hiking, fishing, snowmobiling, and year-round outdoor recreation, along with local restaurants, shopping, and community amenities. If you're looking for a spacious, turnkey home in one of Montana's most iconic destinations, 601 N Hayden St is a must-see.

601 N Hayden Street N, West Yellowstone

$1,089,000

4 Beds ⋅ 4 Baths ⋅ 412446 MLS

Located only 10 miles from West Yellowstone and Yellowstone National Park, this Attractive and Architecturally Designed Custom Post-and-Beam Home has Multiple Amenities! Built in 2016, this Desirable Home Features Passive Solar Orientation, Solar Hot Water, Gas Furnace/boiler with On Demand Hot Water, Hydronic Floor Heat, Fireplace/Wood Stove, and Whole-House Air Circulation System For Energy Efficient All Year Living! The Home has an Open Living, Kitchen, Dining Area, 3 Bedrooms, 2.5 Baths, a Loft, AND a SAUNA Where you can Relax and Unwind! AND GUEST QUARTERS (Above the Garage) with 1 Bedroom, 3/4 Bath, and Kitchenette! The 3 CAR Garage has Additional Space for. your Recreational Toys and a Separate Propane Forced Air Furnace. (* FLOOR PLANS are included in Photos *) Enjoy Sitting on the Patio or Covered Deck and Breathing in the Fresh Mountain Air. Area Activities are Endless- Winter, Spring, Summer, and Fall! Flyfish on the Madison River, Boat on Beautiful Hebgen Lake, Sightsee in Yellowstone, Hike the Surrounding Forest Service Trails, Cross Country Ski, Snowmobile, or Downhill Ski At Big Sky! Make your Appointment to Come View! (Please note: Short-term Vacation Rental is not allowed).

241 Aspen Loop, West Yellowstone

$967,000

2 Beds ⋅ 2 Baths ⋅ 411529 MLS

Nestled on a private cul-de-sac in Madison Addition, this beautifully maintained custom log home offers the perfect blend of mountain charm, comfort, and year-round recreation in West Yellowstone. Built in 2003, the 1,366 SF main residence features 2 bedrooms (1 is a loft bedroom), 2 bathrooms, radiant floor heat, rich hickory hardwood floors, and a stunning floor to ceiling rough cut stone fireplace that serves as the centerpiece of the living area. A wraparound deck extends the living space outdoors, providing the perfect place to relax and enjoy the beautifully landscaped setting. Situated on a .194-acre lot, the property includes a greenhouse and a detached 2-car garage with a separate entrance to the 525 SF loft apartment above with radiant baseboard heat. Complete with a 3/4 bath, the loft offers flexible space for guests, extended family, a home office, or hobby room. Some furnishings will convey, making this property even more move-in ready. Located just minutes from the West Entrance of Yellowstone National Park, this home provides exceptional access to the outdoor lifestyle that draws visitors from around the world. Nearby trail systems offer opportunities for hiking, biking, and exploring, while the area is renowned for fishing, wildlife viewing, and access to public lands. Winter enthusiasts will appreciate West Yellowstone's reputation as a premier destination for cross-country skiing and snowmobiling, with miles of groomed trails nearby. Whether you're looking for a full-time residence, seasonal retreat, or investment property, this well-cared-for home offers an outstanding opportunity to enjoy everything the Yellowstone region has to offer. Covenants require a minimum rental period of 30 days, helping preserve the character and quality of the neighborhood while still allowing rental flexibility.

524 Gneiss Court, West Yellowstone

$1,749,000

4 Beds ⋅ 5 Baths ⋅ 410797 MLS

Set just across the street from Hebgen Lake with sweeping lake views and room for everyone, this spacious 3,845-square-foot mountain home offers the ideal blend of comfort, functionality, and year-round recreation. Built in 1999 and thoughtfully designed across three levels, the home features four bedrooms, four and a half bathrooms, and inviting gathering spaces throughout. At the heart of the home is a warm and welcoming great room with a wood-burning fireplace, vaulted ceilings, and large windows that capture the beauty of the lake and surrounding landscape. The chef’s kitchen is designed for entertaining, flowing seamlessly into a cozy dining area and out to an expansive deck built for summer barbecues, outdoor dining, and evenings spent taking in the views. The large yard provides plenty of space for kids, pets, and outdoor games, while the indoor hot tub offers the perfect place to unwind after a day on the water or trails. With both an attached two-car garage and a detached two-car garage, there is ample room for vehicles, boats, snowmobiles, and all your Montana adventure gear. Located just a two-minute drive from Kirkwood Marina, this property delivers easy access to boating, fishing, and endless outdoor recreation while offering the privacy and comfort of a true mountain retreat.

315 Lakeview Loop, West Yellowstone

$1,495,000

2 Beds ⋅ 2 Baths ⋅ 410076 MLS

LOCATED ON A 5.22 ACRE PARCEL of COMMERCIALLY ZONED LAND, this Charming 2 Bedroom/ 2 Bath Historic Remodeled Log Cabin is an Active and Successful Short-term Vacation Rental! AND Only 17 Miles from West Yellowstone and Iconic Yellowstone National Park! This is a Great Commercial Investment Opportunity too! AND the Parcel is Adjacent to Forest Service Land AND Within Walking Distance to Gorgeous Hebgen Lake! See attached Video Tour! AND There are Multiple Options for Additional Commercial Development if Desired per County Commercial Zoning. Enjoy the Endless Recreational Opportunities Winter, Spring, Summer, and Fall- Flyfishing, Boating, Hiking, Skiing, Snowmobiling, Sightseeing, and More!

212 Hebgen Lodge Road, West Yellowstone

$1,350,000

7 Beds ⋅ 6 Baths ⋅ 408315 MLS

Imagine having the space to host and gather all just minutes from the West entrance to Yellowstone National Park. This 2022-built home in the Madison Addition offers 7 bedrooms and 5.5 bathrooms in a thoughtfully designed layout. 532 Gallatin features multiple living areas that invite connection while still allowing for privacy and versatility. Whether you’re hosting, accommodating guests, or creating dedicated work or recreation spaces, the floor plan adapts seamlessly to a wide range of lifestyles. Modern finishes and abundant natural light enhance the sense of openness throughout. The property offers outdoor space for long summer evenings and crisp mountain air, along with generous garage capacity for vehicles, storage, and adventure gear. Located near the West Entrance of Yellowstone National Park, the home provides convenient access to summer recreation, including hiking, wildlife viewing, and nearby lakes. A one-hour drive north connects you to Big Sky Resort for premier skiing and seasonal activities. Situated in the Madison Addition, the home is zoned single-family and does not allow short-term rentals. Combined with newer construction, substantial square footage, and a desirable West Yellowstone setting, this property presents a rare opportunity for spacious mountain living.

532 Gallatin Avenue, West Yellowstone

$1,095,000

5 Beds ⋅ 4 Baths ⋅ 408180 MLS

Nestled in West Yellowstone, 528 Gallatin Avenue offers a thoughtfully designed home with ample space for everyday living and entertaining. Built in 2022 and zoned single-family, this modern Montana home includes 5 bedrooms, 3.5 bathrooms, a large flex room, a den, and two separate living areas, providing flexibility and space to grow. Abundant natural light fills the home, complementing the functional layout and generous square footage. Three garage bays offer ample space for vehicles, storage, and recreational equipment. The home is located minutes from the West Entrance of Yellowstone National Park, providing convenient access to some of Montana's finest recreational opportunities! West Yellowstone serves as a regional hub for snowmobiling in the winter and summer activities at nearby Hebgen Lake. Located within the Madison Addition, short term rentals are not allowed. With ample space, modern finishes, and room to grow, 528 Gallatin Avenue is an optimal blend of comfort and functionality for modern Montana living.

528 Gallatin Avenue, West Yellowstone

West Yellowstone Homes under $2 million

Newest West Yellowstone Homes under $2 million