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
Property Area: 1NW - Boz N of Main/W of 19th Subdivision: Other
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SQ FOOTAGE
1288
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BEDROOMS
2
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YEAR BUILT
2012
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ACRES
1.8
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LIST DATE
2026-03-30
- Price: $2,750,000
- Status: Active
- Type: UnimprovedLand
- MLS: 409819
- Zip: 59718
- Property Area: 1NW - Boz N of Main/W of 19th
- Subdivision: Other
- Acres: 1.8
- Year Built: 2012
- Beds: 2
- Square Feet: 1288
- Heating/Cooling:
- Utility Services: None
- Listing Date: 2026-03-30
- Listing Agent: Liz Nitz of Range Properties