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$ 2,750,000
Est. payment | /mo
2 Beds
1.5 Baths
1,288 SqFt
$ 2,750,000
Est. payment | /mo
2 Beds
1.5 Baths
1,288 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,288 sqft
Price per Sqft $2,135
MLS Listing ID 409819
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 2012
Annual Tax Amount $9,875
Tax Year 2025
Lot Size 1.800 Acres
Acres 1.8
Property Sub-Type Unimproved Land
Property Description
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.
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.
Location
State MT
County Gallatin
Area Bozeman City Limits
Direction Corner of Catalyst and 27th.
Interior
Fireplace No
Exterior
Utilities Available None
Others
Tax ID RFG60167
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Listed by Range Properties
Nearby Locations
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