Shelterwood Lodge is comprised of 11± deeded acres in two parcels less than five minutes from the South Fork of the Madison River, less than 10 minutes from the west entrance of Yellowstone National Park, the town of West Yellowstone, and Hebgen Lake, and just 15 minutes from Henry’s Lake. A short drive into the park reveals a multitude of waterways, including the Firehole, Gibbon, and Madison Rivers. A little less than a quarter mile of Buttermilk Creek babbles through the property, contiguous to Gallatin National Forest, which turns into millions of acres of public land, including Yellowstone National Park. Trails are out the back door for hiking, mountain biking, snowmobiling, horseback riding, and wildlife viewing. Currently run as a successful short-term rental property, the improvements, built in 2021, include a four-bedroom, 3.5-bathroom home with a two-car garage, a two-bedroom, two-bathroom second home with a two-car garage, and a 24’ x 40’ heated shop with water and a 14’ door, perfect for RV storage. Relax and enjoy the great outdoors through expansive windows in each home or from the wraparound-covered decks with private hot tubs and outdoor dining. Shelterwood Lodge is being sold turnkey and furnished in case a new owner would like to continue operating the property as one of the best year-round vacation rentals in the area. This compound could also be used as a family getaway or a corporate retreat. Totaling a little over 11 acres in two parcels, elevation on the property ranges from 6,620± feet to 6,680± feet. The recently built improvements, nestled in mature timber to the south of the property, sit right up against thousands of acres of Gallatin National Forest. Easily accessible less than half a mile off Targhee Pass Highway, the property is also very private as you pass through a gated entrance.


  • 11± deeded acres in two parcels with 0.2± miles of Buttermilk Creek
  • 3,129± SF, 4 bed, 3.5 bath home with a 2-car garage
  • 2,116± SF, 2 bed, 2 bath home with a 2-car garage
  • 24’ x 40’ heated shop with 14’ doors and two large campfire areas
  • An additional 5 bedroom structure could be built on Lot 2
  • Successful vacation rental property with a state commercial short-term rental license already in place
  • Expansive views of Lionhead Mountain, Targhee Peak, Mount Hebgen, and the Monument Peaks
  • Contiguous to Gallatin National Forest that turns into Yellowstone National Park
  • Less than 5 minutes to the Montana/Idaho border and the South Fork of the Madison River; Less than 10 minutes to West Yellowstone, Montana, the west entrance of Yellowstone National Park, and a little further to Yellowstone Airport
  • Less than 10 minutes to Hebgen Lake; 15± minutes to Henry's Lake and the Montana/Wyoming border
  • 20± minutes to Island Park, ID; 30± minutes to the Gallatin River
  • A little over an hour to Big Sky Resort; About two hours to Bozeman, Montana, and its commercial airport
  • Offered turnkey/furnished
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.

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