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Recreational Land for Sale in West Yellowstone, Montana

1111 Moonrise Way, West Yellowstone, MT 59758

$11,750,000
21.8 acres
Active
ago
Est $80,212/mo

Located within the town of West Yellowstone, Montana, the primary gateway to Yellowstone National Park and one of the highest performing tourism markets in the Rockies. This development site sits within city limits just minutes from restaurants, shops, trail networks, park access points, and major seasonal employment hubs. Moonrise @ Yellowstone is a recently approved multi-phase residential development entitled for 200 units within 16 buildings on 21.82 +/- acres within the existing Madison Addition Subdivision. National Forest land borders the property on two sides, creating a rare sense of privacy and lifestyle appeal in a high traffic destination. Millions of annual visitors pass through West Yellowstone each year, reinforcing consistent demand drivers for thoughtful development. Commercial and private flights service Yellowstone Airport, further strengthening year round accessibility for both visitors and residents. The project includes a mix of 24-unit and 12-unit buildings, plus two 4-plexes, a clubhouse with fitness center, garages for every unit, and maintenance facilities. Designed for modern mountain living, Moonrise brings much needed residential inventory to the gateway of Yellowstone National Park while maintaining thoughtful site planning and open space integration on essentially one of the last large developable parcels within city limits. Moonrise @ West Yellowstone has received all necessary development approvals from the town of West Yellowstone and the Madison Addition Homeowners Association, as well as full commitment from the city for water and sewer service. The sewer main is currently stubbed into the entry to the project and the water main is located across the street in the public right of way. For market flexibility, the project is approved for either long term rented units or condominiums for sale, and may be constructed in up to 10 separate phases.

Location

Street address
1111 Moonrise Way
Community
Madison Addition
Elevation
6,659 feet
Coordinates
44.671, -111.1121

Directions

West on Highway 20, North on N Hayden Street to Moonrise Way

Property details

Acreage
21.82 acres
MLS #
GAR 407562
Posted

Property taxes

2025
$71 - MADISON ADD, S27, T13 S, R05 E, ACRES 20.82, TRACT 1 J-120

Expenses

Home Owner Assessments Fee
$100 annually

Parcels

  • RRG24230

Legal description

Details and features

Listing

Type
Land
Zoning
Residential High Density R 4

Lot

View
Mountains
Features
Adjacent to Public Land, Level

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Jan 14, 2026New listing$11,750,000GAR
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This 21.82-acre property is located at 1111 Moonrise Way in West Yellowstone, MT 59758. The property is available for sale for $11,750,000 with a price per acre of $538,497.

Checked 2 hours ago — Updated

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