High Quality Content by WIKIPEDIA articles! The Yellowstone Club, also Yellowstone Ski Resort, is an invitation-only residential club, ski resort, and golf resort located in the state of Montana, USA. The Rocky Mountain ski and golf club is located in eastern Madison County, just west of Big Sky, Montana, south of Bozeman and northwest of Yellowstone National Park. The club entered Chapter 11 bankruptcy protection in November 2008 and emerged from bankruptcy in July 2009. It is owned by investors led by CrossHarbor Capital Partners, and is operated by Discovery Land Company.