Exceptional development opportunity in Bozeman's highly desirable Cattail neighborhood. This approximately 2-acre parcel (with ~1.75 acres of development rights) is being offered with plans in place for a 48-unit multifamily project, currently just one step away from City approval. Located within an established residential area with existing infrastructure, the property benefits from flexible RD zoning and a sub-HOA structure that allows development independent of the existing 16 units. The approved concept includes four 12-plex buildings with a strong unit mix (42 two-bedroom and 6 one-bedroom units), offering an efficient development program. In addition to the multifamily plans, the site presents alternative development potential including smaller home community, live/work configuration, or other residential concepts permitted within zoning. This is a rare opportunity for a developer to step into a thoughtfully planned project and significantly reduce entitlement timeline and risk. Well-located, flexible, and positioned within one of Bozeman's most active growth corridors.
| MLS # | 409819 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2012 |
| Days On Site | 166 |
| Listing Provided By | Range Properties | Liz Nitz |
| Bed(s) | 2 |
|---|---|
| SQ Feet | 1,288 |
| Zoning | RD |
| Acreage | 1.80 |
| Tax Annual Amount | 9875 |
|---|
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1NW Boz N of Main | W of 19th |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,750,000 low | high Med: $539,950 sqft: 1,288 low | high Med: 2,806 $ / sqft: $2,135 low | high Med: $201 On site: 166 low | high Med: 60.5 | |
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1NW Boz N of Main | W of 19th |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $2,750,000 low | high Med: $539,950 sqft: 1,288 low | high Med: 2,806 $ / sqft: $2,135 low | high Med: $201 On site: 166 low | high Med: 60.5 | |