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MLS #399285
PRICE$4,695,000
Gardiner, Montana
4 Maiden Basin Drive Drive
Active
6Photos
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The "Granddaddy of All National Parks-Yellowstone". This property, the Yellowstone Basin Inn, is the opportunity that you have been looking for! On Trip Advisor The Yellowstone Basin Inn is rated #1 in Gardiner MT and in the Top 10% of hotels worldwide. The Inn has the location for guests that want the Montana scenic experience. When a guest arrives, their first reaction is to start taking pictures. The Inn has panoramic views facing Yellowstone National Parks Electric Peak Mountain (just shy of 11,000 ft), open fields, the Devils Slide (red rock formation), and the mountain range of the Gallatin National Forest. The Inn is situated on a hill, away from the main road, that enhances the views. Located 5 miles from the town of Gardiner and the North Entrance of Yellowstone National Park, which is the only entrance that stays open year round. Location gives easy access to the Park. The Inn has 17 rooms. Currently the 17th room is the owners residence. The cap rate is 13.09%, but if room #17 rented this could add $40-$50,000 gross income, which would increase this cap rate. Different amenities are found in each room, ranging from kitchens, kitchenettes, king beds, queen beds. Large porch on main Inn. Kitchen for preparation of breakfast. A breakfast building. There is a basement apartment for employee housing or additional rental, with 3 bedrooms, bathroom, kitchen, and living room area. The location boosts white water rafting, horse riding, fishing, wildlife viewing, and hiking. Would make a great Corporate Retreat. The Inn is currently operated by husband and wife. Owners will train and/or stay on as management for a time period. Most of income is in a 5 month period. "The Goose that Layed the Golden Egg" Seller is a Montana Real Estate Agent
- Acres
2.879 - Days on Market
38
- Type: Residential Income
- Subtype: Multi Family
- Year Built: 1994
- Heating: Baseboard, Electric, Propane, Natural Gas, Wall Furnace
- Cooling: Central Air, Ceiling Fans, Wall Window Units
- Levels: Two
Listing Provided By Legacy Lands, LLC, Jeannette Mikos
Additional Features
- City
Gardiner - Construction Materials
Wood Siding - Contract Status Change Date
2025-01-15 - Cooling
Central Air, Ceiling Fans, Wall Window Units - Cooling
Yes - Cumulative Days On Market
16 - Directions
From Livingston M T take R T 89 South approx 45 miles to Maiden Basin Drive, make a left on Maiden Basin Drive and property sits up a hill approx. 150 ft. - Heating
Baseboard, Electric, Propane, Natural Gas, Wall Furnace - Heating
Yes - Latitude
45.082305 - Levels
Two - Listing Contract Date
38 - Listing Key
1104125835 - List Price
4695000 - Longitude
-110.775032 - Lot Size Acres
2.879 - Lot Size Square Feet
125409 - MLS Area Major
Park County - MLS Area Minor
6 G - Gardiner/ Cooke City - MLS Status
Active - Original List Price
4695000 - Originating System Name
S W M T - Ownership
Full - Parcel Number
0004795000 - Parking Features
Gravel - Photos Count
6 - Postal Code
59030 - Property Sub Type
Multi Family - Property Type
Residential Income - Roof
Shingle - Sewer
Septic Tank - Standard Status
Active - Stories
2 - Subdivision Name
None - Tax Annual Amount
12000 - Tax Legal Description
MAIDEN BASIN MINOR SUB OFS/D 239, S05, T09 S, R08 E, LOT A - B, ACRES 2.879 - Unparsed Address
4 Maiden Basin Drive Drive - Utilities
Electricity Connected, Phone Available, Septic Available, Water Available - Water Source
Well - Year Built
1994
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Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.