Seize this rare chance to own a highly sought-after Short Term Rental property in the Lazy Acres neighborhood of West Yellowstone, MT! This magnificent home features 4 bedrooms and 3.5 bathrooms plus "office", making it perfect for hosting guests with comfort and style. The property boasts numerous upgrades, offering a modern and inviting atmosphere. Guests will love the direct access to nearby trails. Located just minutes from the entrance to Yellowstone National Park, this home is ideally situated for outdoor enthusiasts and nature lovers. Currently operating as a highly successful vacation rental, this property generated nearly $90k in gross revenue in 2023 and is on track for a similar performance in 2024. Depending on the closing date, the new owner could immediately benefit from this summer’s rental income, providing a lucrative opportunity right from the start. Unlike many areas in West Yellowstone, Lazy Acres has no HOA or restrictive covenants, making it exceptionally friendly to vacation rentals. This turnkey property is ready for you to start earning from day one. Come see this home for yourself to appreciate the potential of this updated, income-generating gem in West Yellowstone, Montana. Don’t miss out on this unique investment opportunity!
Fully furnished 4 bedroom, 3.5 bath home on a half acre lot. Large kitchen with stainless steel appliances. Covered deck, gas fireplace, hardwood floors, and pine ceiling. Located only 8 miles from Yellowstone! Mountain views, minutes from Hebgen Lake, hiking/biking and miles of snowmobile trails and skiing in the winter months. Excellent vacation rental history and income. Enjoy the great outdoors from the comfort of this home, ready for your family and friends or guests!
Public Records
Apr 24, 2008
Sold
—
Public Records
Aug 19, 1996
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$2,541 (−15.4%)
$246,457 + $507,790
$754,247
2024
$3,005 (+8.3%)
$246,457 + $507,790
$754,247
2023
$2,773 (+30.1%)
$171,904 + $446,596
$618,500
2022
$2,132 (+2.4%)
$171,904 + $446,596
$618,500
2021
$2,082 (−4.4%)
$85,962 + $281,038
$367,000
2020
$2,178 (+2.4%)
$85,962 + $281,038
$367,000
2019
$2,128 (+8.5%)
$66,783 + $282,617
$349,400
2018
$1,961 (+3.5%)
$66,783 + $282,617
$349,400
2017
$1,895 (+16.2%)
$58,107 + $234,993
$293,100
2016
$1,631 (+1.2%)
$58,107 + $234,993
$293,100
2015
$1,611 (+33.5%)
$58,350 + $187,250
$245,600
2014
$1,207
$58,350 + $183,650
$242,000
Tax history for 27 Mule Deer Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,541 (−15.4%)
$246,457 + $507,790
$754,247
2024
$3,005 (+8.3%)
$246,457 + $507,790
$754,247
2023
$2,773 (+30.1%)
$171,904 + $446,596
$618,500
2022
$2,132 (+2.4%)
$171,904 + $446,596
$618,500
2021
$2,082 (−4.4%)
$85,962 + $281,038
$367,000
2020
$2,178 (+2.4%)
$85,962 + $281,038
$367,000
2019
$2,128 (+8.5%)
$66,783 + $282,617
$349,400
2018
$1,961 (+3.5%)
$66,783 + $282,617
$349,400
2017
$1,895 (+16.2%)
$58,107 + $234,993
$293,100
2016
$1,631 (+1.2%)
$58,107 + $234,993
$293,100
2015
$1,611 (+33.5%)
$58,350 + $187,250
$245,600
2014
$1,207
$58,350 + $183,650
$242,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Sq. Ft.
2,400
Year built
2006
Style
Single Family Residential
County
Gallatin County
APN
06-0061-21-3-06-11-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: No Garage
Interior
Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Baseboard, Electric, Propane
Room Information
Laundry Features: In Basement, Laundry Room
Has Basement
Basement Details: Bath/Stubbed, Walk-Out Access
Exterior
Building Information
Sq. Ft.: 2400
Above Grade Finished Area: 1,200
Levels: Two
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size : 0.5
Lot Size Area: 0.5
Lot Size Units: Acres
Lot Size Acres: 0.5
Zoning Description: NONE - None/Unknown
Financial
Tax Information
Tax Annual Amount: $2,920
Utilities
Utility Information
Water Source: Well
Utilities: Electricity Connected, Water Available
Sewer: Septic Tank
Location
Location Information
Directions: West of West Yellowstone, turn South on Bear Road, take right on Mule Deer. Property is on corner.
Subdivision Name: Lazy Acres
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 2,400
Stories: 1.0
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: —
County: Gallatin County
APN: 06-0061-21-3-06-11-0000
Home facts updated by county records on Aug 17, 2026
Other
Listing Information
List AOR: BigSkyCountryMls
Around this home
Schools
West Yellowstone School
Public K-5 • Assigned • 7.0mi
5/10
West Yellowstone 7-8
Public 6-8 • Assigned • 7.0mi
West Yellowstone High School
Public 9-12 • Assigned • 7.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
1/10 Heat Factor
8 days above 81° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
West Yellowstone, MT • 59758
Average low and high temperatures (°F)
26
2
34
12
45
20
49
23
63
30
69
36
83
44
79
40
71
33
50
26
38
18
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.7 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
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