Moonrise @ Yellowstone
Located in the primary gateway to Yellowstone NP and one of the highest performing tourism markets.
Marketing description
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.
Listing Website: https://www.moonriseatyellowstonemt.com/
Investment highlights
KEY APPROVALS IN PLACE
All discretionary approvals have been completed; the remaining permitting steps are administrative and tied to final construction drawings.
EMPLOYMENT DEMAND
West Yellowstone’s seasonal and year-round workforce needs continue to outpace available housing, supporting strong absorption for long-term rentals and future condo ownership.
HOUSING DEMAND
Limited local inventory and sustained pressure from both seasonal workers and long-stay visitors have created a clear gap in attainable, well-located housing—positioning Moonrise to meet a need the market has been unable to satisfy on its own.
HIGH TRAFFIC TOURISM
The West Entrance captures the highest share of the ~3.5 million Yellowstone visitors, creating built-in demand for exposure, visibility, and consistent rental interest across all seasons.
LOCATION APPEAL
Positioned at the primary gateway to Yellowstone, the site combines lifestyle desirability with dependable year-round activity, making it one of the strongest geographic plays in the region.
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