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1111 Moonrise Way - Moonrise @ Yellowstone 21.82 Acres of Commercial Land Offered at $11,750,000 in West Yellowstone, MT 59758

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Executive Summary

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.

Property Facts

Price $11,750,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 21.82 AC

1 Lot Available

Lot

Price $11,750,000
Price Per AC $538,496.79
Lot Size 21.82 AC

Approved 200 unit residential development on 21.82 acres within W Yellowstone city limits. Multi phase plan with 16 buildings, National Forest on two sides, near Yellowstone, town amenities, and airport. Fully entitled with city water and sewer.

  • Listing ID: 39293706

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 1111 Moonrise Way, West Yellowstone, MT 59758

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