Carr Montana REAL ESTATE
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GREATER BOZEMAN

One of the most popular communities provided by Montana Sandbox

GREATER BOZEMAN

About GREATER BOZEMAN

Greater Bozeman, Montana real estate offers a unique blend of modern living and breathtaking natural beauty. Nestled in the heart of the Gallatin Valley, Bozeman is renowned for its vibrant downtown, excellent schools, and unparalleled access to outdoor recreation. From luxury mountain homes to charming downtown condos, the Bozeman area provides a diverse range of properties to suit every lifestyle.

Homebuyers are drawn to Greater Bozeman for its stunning mountain views, thriving arts and culture scene, and close proximity to destinations like Big Sky Resort, Yellowstone National Park, and Bridger Bowl. Whether you’re looking for a family-friendly neighborhood, a peaceful retreat, or a bustling community near Montana State University, Bozeman real estate has it all.

Investing in Bozeman real estate means enjoying a strong housing market, forward-thinking community planning, and easy access to world-class hiking, fishing, skiing, and more. Discover why so many people are searching for homes in Greater Bozeman, Montana and make your dream of Montana living a reality.

One of the most popular communities provided by Montana Sandbox
311
# of Listings
3
Avg # of Bedrooms
$882
Avg. $ / Sq.Ft.
$2,461,962
Med. List Price

Browse GREATER BOZEMAN Real Estate Listings

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311 Properties Found. Page 3 of 21.

12 Penny Lane — Gallatin Gateway, Montana Net Leased Showroom & Fabrication Facility Single Tenant | Purpose Built | Resort Market Exposure Offered at $10,959,000. 7.25% Cap Rate Executive Overview 12 Penny Lane offers investors the opportunity to acquire a fully leased, mission critical commercial facility serving Montana’s premier luxury residential construction markets, including Big Sky, Yellowstone Club, Spanish Peaks, and Moonlight Basin. The property is 100% leased to Earth Elements LLC under a newly structured modified NNN lease that delivers durable income, minimal landlord responsibilities, and built in annual rent growth. Originally purpose built in 2017 with over $4 million in specialized improvements, the facility functions as a destination showroom, fabrication hub, and corporate headquarters. The building’s highly customized nature significantly reduces tenant relocation risk and provides strong long term income security. Investment Highlights • 100% Occupied, Single Tenant Asset New arm’s length lease with established operating tenant • Strong In Place Cash Flow Net Operating Income of approximately $900,231 • Modified NNN Lease Structure Flat $3.00/SF expense recovery with no annual reconciliation • Annual Rent Growth 3% annual escalations on base rent • Purpose Built, Non Commodity Real Estate Irreplaceable showroom and fabrication infrastructure • High Barrier Resort Market Location Limited competing inventory for comparable uses • Replacement Cost Support Insured building replacement value of $7.29M (exclusive of land) Property Description Address: 12 Penny Lane, Gallatin Gateway, MT 59730 Property Type: Commercial — Showroom / Fabrication / Warehouse Total Rentable Area: 38,563 SF (inside wall measurement) • Office / Showroom: 14,344 SF • Warehouse / Fabrication: 24,219 SF The property features a custom architectural façade, extensive glass storefront exposure, and seven fully built out showroom departments serving architects, designers, and high net worth clientele. The rear fabrication area includes advanced CNC machinery, water jet cutting, overhead crane systems, and loading dock access—creating a vertically integrated operational environment.
#409921

Gallatin Gateway

12 Penny Lane Lane

None Beds

None Baths

38,563 Sq.Ft.

$10,959,000

MLS#: 409921

This extraordinary 146± acre estate is the crown jewel of North Pass Ranches, Bozeman’s premier, gated luxury ranch community. Ideally situated just 15 minutes from downtown Bozeman, this legacy property offers a rare combination of privacy, accessibility, and unmatched natural beauty. As the original founder’s location and the most coveted site within the ranch, it occupies a commanding ridgeline with panoramic views stretching across the Gallatin, Madison, and Tobacco Root ranges, as well as the iconic Absaroka-Beartooths and the sweeping Bozeman valley below. At the heart of the property lies a masterfully updated 8,000± square foot main residence, designed to inspire. Soaring ceilings up to 31 feet frame expansive living spaces, anchored by a gourmet chef’s kitchen outfitted with top-tier appliances and a dramatic main-level primary suite featuring a spa-caliber en suite bath, oversized walk-in dressing room, and a striking fireplace. Finishes throughout speak to a refined mountain aesthetic—leathered quartzite countertops, reclaimed oak ceiling beams, custom light fixtures, and premium designer details at every turn. A separate 3,000± square foot guest house includes 4 bedrooms, 3 bathrooms, and an attached two-car garage, offering space for extended family, friends, or on-site staff. Designed for the equestrian enthusiast, the property features a heated 14,560± square foot indoor riding arena with five stalls, two foaling stalls, a tack room, bathroom, kitchen, and ample equipment storage. The grounds include brand-new fencing, multiple pastures, and direct access to miles of private riding and hiking trails that wind throughout North Pass Ranches and into State of Montana land. Owners within the ranch community enjoy over 9 miles of private trails, stocked fishing ponds, a full-time on-site ranch manager, and shared amenities ideal for gathering, recreation, and solitude alike. Wildlife abounds—moose, elk, deer, and bear are regular visitors—enhancing the deep connection to nature this property offers. This is more than just the finest location within North Pass Ranches—it’s a rare chance to secure a legacy estate in one of Montana’s most sought-after landscapes. The blend of luxury, land, and location simply has no equal. As an added advantage, Montana has no sales tax, making ownership even more appealing for buyers seeking both an extraordinary lifestyle and meaningful financial efficiency.
#409003

Bozeman

1221 Green Valley Way

4 Beds

3 Baths

8,156 Sq.Ft.

$10,950,000

MLS#: 409003

Commercial Income Property with Development Upside Located less than one mile south of the Four Corners intersection along the west side of US Highway 191, this 33,400-square-foot commercial property offers stabilized income, long-term tenancy, and meaningful upside through future development. The property consists of five condominium units situated on 2.777 acres across two parcels—one improved and one vacant—providing a rare combination of current cash flow and entitled expansion potential in one of Bozeman’s strongest commercial corridors. The asset features approximately 337 feet of frontage on US-191 South, a high-traffic arterial serving Bozeman and the Gallatin Valley. The surrounding market is characterized by sub-3% commercial vacancy, reinforcing the property’s strong leasing fundamentals and long-term demand. Property Overview • Address: 81211 & 81213 Gallatin Road, Bozeman, MT 59718 • Property Type: Commercial — Retail, Showroom & Warehouse • Total Building Size: 33,400 SF (five condo units) • Land Area: 2.777 acres (two parcels) • Frontage: 337 feet on US Highway 191 South • Occupancy: 100% leased Development Upside The second parcel is entitled for an additional 11,518-square-foot building, offering immediate development potential along highly visible US-191 frontage. The site is currently vacant and development-ready, subject to verification of current permits and entitlements. Cap Rate 7.25% Building & 11,518 SqFt Development parcel.
#409918

Bozeman

81211/ 13 Gallatin Road

None Beds

None Baths

33,400 Sq.Ft.

$10,518,000

MLS#: 409918

Well-finished, ±29,724 square foot office building situated on ±3.03 acres at the southern edge of Bozeman. The property is located within Bozeman’s Opportunity Zone, just south of Montana State University. Built in 2000, the building can easily be adapted into a multi-tenant building, though it is currently fully leased to tenants Inhealth Life Sciences, Bozeman Health, and Proper Insurance. Proper Insurance has already committed to taking the Bozeman Health Space in April when they vacate. The building's layout is based on a central core of restrooms, mechanical, elevator, and a stairwell with offices branching north and south, creating four leasable areas around ±7,000 square feet each. The property is nicely landscaped, with ample parking on site.
#384848

Bozeman

40 Enterprise Boulevard

None Beds

None Baths

29,724 Sq.Ft.

$10,500,000

MLS#: 384848

Rare find of acreage in one of the counties fastest growing corridors. 20 acre parcel with services to the lot and a plethora of possible uses. Access is paved, established business adjacent and development of the area in its prime. Call today for all pertinent details!
#407041

Bozeman

TBD Freemont Street

None Beds

None Baths

20.0 acres

$10,000,000

MLS#: 407041

Welcome to Incognito Ranch, where elevated luxury pairs seamlessly with the rustic soul of a Montana ranch. This spectacular 4-bedroom lodge-style residence spans 8,524 SF, accompanied by a 1,172 SF attached art studio/guest apartment, all set on 29.99 acres of pure serenity overlooking the iconic Bridger Mountains. Recently refreshed throughout, the home feels both timeless and new. The grand, light-filled entry sets the tone, warm, inviting, and dramatic. The main-floor primary suite lives like a private retreat, featuring a spa-inspired bath with a copper soaking tub, an elegant custom closet, sitting area with wood-burning stone fireplace, covered balcony, and unobstructed mountain views. The main level continues with two additional bedrooms connected by a jack-and-jill bath, a stately Great Room with floor-to-ceiling windows, a beautifully appointed kitchen with walk-in pantry and temp-controlled wine room, and a dream laundry/mudroom with dual washers/dryers, lockers, and powder bath. The upper floor hosts another bedroom, full bath, and cozy library/TV room. The lower level offers a spacious family/game room with kitchenette, 3/4 bath with sauna, home gym, and generous bunk room opening to a screened porch, perfect for guests or large gatherings. Beyond the home itself, the garage spaces elevate the property to a new level. In addition to the 4-car heated garage, a 2,100 SF shop was added with an 800 SF art studio above. With 3,600 SF of heated garage space total, this is a paradise for car collectors and recreation enthusiasts: epoxy floors, LevRack system, auto lift, workshop with sink and laundry, and pull-through bays. The art studio, private yet connected, was designed for creativity, solitude, and inspiration. Step outside and Montana takes over. Bask in sweeping views of the Bangtail and Bridger ranges. Cast a line in your stocked pond from the private dock. Explore your own hiking, snowshoeing, and ATV trails. Horse lovers will appreciate two pastures, a 5+ stall barn with tack room and wash rack, hay barn, two turnout paddocks with year-round auto waterers, and a 100x200 outdoor arena with specialized footing. A nearby guest/caretaker cabin and separate guest bath enhance the ranch experience. Incognito Ranch is a rare blend of luxury, privacy, recreation, and breathtaking mountain beauty. A true sanctuary and an opportunity not to be missed.
#406951

Bozeman

4800 Meadow Lane

4 Beds

3 Baths

9,696 Sq.Ft.

$9,200,000

MLS#: 406951

ATTENTION DEVELOPERS AND INVESTORS!!! OPORTUNITY ZONE, 20 ACRES PRIME DEVELOPMENT LAND IN BOZEMAN MONTANA. This parcel will be the epicenter of development for the Southwest quadrant of the City of Bozeman. Whoever develops this acreage will be able to SET THE STAGE FOR INNOVATIVE DEVELOPMENT of the last remaining undeveloped acreage adjacent to city limits. The sky is the limit. This parcel is currently pre-zoned for Commercial Mixed use in the Bozeman City Community Plan's Future Land Use Document. Comprehensive package on the property can be found in the associated docs.
#389075

Bozeman

4999 S 19th Avenue

None Beds

None Baths

1,452 Sq.Ft.

$8,500,000

MLS#: 389075

40 Acres of prime property on the edge of city limits. This property may be the perfect investment for someone thinking of a long term legacy property with a lot of potential. There are multiple easements in and out of this property for future growth. An exceptional location, productive ag ground, and views in all directions make this site one of the best in the valley. The property currently has a very well cared for single family home, and another site on the SW corner of property that has a separate septic system, well, and electricity.
#404780

Bozeman

3849 Staffanson Road

4 Beds

3 Baths

40.65 acres

$7,900,000

MLS#: 404780

40 Acres of prime property on the edge of city limits. This property may be the perfect investment for someone thinking of a long term legacy property with a lot of potential. There are multiple easements in and out of this property for future growth. An exceptional location, productive ag ground, and views in all directions make this site one of the best in the valley. The property currently has a very well cared for single family home, and another site on the SW corner of property that has a separate septic system, well, and electricity.
#403178

Bozeman

3849 Staffanson Road

4 Beds

3 Baths

3,370 Sq.Ft.

$7,900,000

MLS#: 403178

Tucked along the banks of the famed Gallatin River South of Bozeman you will find 40+/- acres with over 1/2 mile of prime river frontage. The 4013+/- sqft 4 bed 3.5 bath home designed by Van Bryan Architects embraces nature to the fullest. An open floor plan with expansive epicurean kitchen, etched concrete floors, radiant heat, 5 sets of glass French doors, numerous windows and thoughtfully placed skylights that flood the space with warm light and river views. The living room has a gas fireplace and raised seating area with wet bar -it is the perfect landing spot to relax, visit and watch the river. The master bedroom is complete with large steam shower, travertine gas fireplace, double sinks, a seated vanity and large walk in closet. After a hard day of play, soak in the hot tub just outside the bedroom door. The laundry room and large mud room area complete the area attaching to the 2 car heated garage. Traveling up the floating staircase you will find two bedroom suites with full baths and a work area overlooking the river ,a perfect area for tying flies! On the W side of the house lies an attached 733 +/- sqft guest cottage with private entrance and 1 car heated garage. Natural light illuminates the 1 bedroom 1 bath space and it is self-sufficient with a laundry closet, living room, full kitchen and mud room area. Outside there are several inviting gathering places and a wood burning fireplace with river views. Walking the grassy path along the river you will find the historic 1919 Cabin where you can step back in time. The 1919 Cabin is perfect for day use, a studio or parties. (cannot be used as a living space). A wide variety of wildlife abounds in this ideal riparian habitat and river corridor. The fishery in this stretch of the river does not get much pressure due to the location, and encompassing both banks of the river, it presents an angler with more casting opportunities! There are too many incredible attributes of this special property to list here. It is a must see in-person offering. Location is key - just 20+/- minutes from downtown Bozeman - 78+/- miles to W entrance to Yellowstone National Park - 15+/- miles to Bozeman International Airport and close proximity to thousands of acres of public land for recreating. Stacey's Bar and Steakhouse is just down the road a piece. The property is protected in a conservation easement with Gallatin Valley Land Trust. The current owners stewardship shines through. Located between Bozeman & Big Sky!
#408995

Gallatin Gateway

12500/12120 Axtell Gateway Road

4 Beds

3 Baths

4,013 Sq.Ft.

$7,800,000

MLS#: 408995

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. From Parcel 5, the lights of Bozeman can be seen on crystal clear Montana evenings and views of the original Bozeman Trail and the scenic Gallatin Valley are also sights to behold. An old homesteader cabin still stands in the northwest corner of Parcel 5 - a testament to its appeal to even the earliest pioneers. Still today, the combination of wildlife, water, spaciousness with seclusion, and inspiring views is simply outstanding. Parcel 5 is also perfect for horses, as Kelly Creek winds through the lot and the trail system through the parcel is one of the most expansive at North Pass Ranch. There are currently 11 parcels remaining ranging from 72 to 160 acres. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound.
#395410

Bozeman

Ranch 5 North Pass Ranches

None Beds

None Baths

N/A

$7,678,560

MLS#: 395410

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. From Parcel 5, the lights of Bozeman can be seen on crystal clear Montana evenings and views of the original Bozeman Trail and the scenic Gallatin Valley are also sights to behold. An old homesteader cabin still stands in the northwest corner of Parcel 5 - a testament to its appeal to even the earliest pioneers. Still today, the combination of wildlife, water, spaciousness with seclusion, and inspiring views is simply outstanding. Parcel 5 is also perfect for horses, as Kelly Creek winds through the lot and the trail system through the parcel is one of the most expansive at North Pass Ranch. There are currently 10 parcels remaining ranging from 72 to 160 acres. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound.
#395409

Bozeman

Ranch 5 North Pass Ranches

None Beds

None Baths

159.97 acres

$7,678,560

MLS#: 395409

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. Parcel 3 boasts an expansive view of the Gallatin Valley and the Bridger range, as well as jaw-dropping vistas of the Absarokas, Hyalite Peak, the Spanish Peaks, and the Tobacco Roots. The overall setting is both grand and historic in feel, and lends itself well to a stately main home and guest residence. Parcel 3 also boasts direct access to State Land, offering miles of hunting, hiking, and recreational opportunities, as well as securing the privacy of the site. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound. An excellent confluence of accessibility and privacy.
#395413

Bozeman

Ranch 3 North Pass Ranches

None Beds

None Baths

N/A

$7,454,880

MLS#: 395413

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. Parcel 3 boasts an expansive view of the Gallatin Valley and the Bridger range, as well as jaw-dropping vistas of the Absarokas, Hyalite Peak, the Spanish Peaks, and the Tobacco Roots. The overall setting is both grand and historic in feel, and lends itself well to a stately main home and guest residence. Parcel 3 also boasts direct access to State Land, offering miles of hunting, hiking, and recreational opportunities, as well as securing the privacy of the site. There are currently 10 parcels remaining ranging from 72 to 160 acres. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound. An excellent confluence of accessibility and privacy.
#395402

Bozeman

Ranch 3 North Pass Ranches

None Beds

None Baths

155.31 acres

$7,454,880

MLS#: 395402

Welcome to North Pass Ranches, Bozeman’s newest gated, luxury ranch community. The parcel 4 homesite is build ready with power and well complete, as well as exquisite plans for a 5 bedroom, 6,365 SF retreat from the renowned, NVS Architects. You'll immediately experience top of the world views overlooking Bozeman and the entire valley. The homesite itself is tucked among dense stands of fragrant spruces and enjoys a bubbling spring, drawing wildlife and creating a sense of peaceful seclusion. The parcel's southward slope is a lush mountain meadow over which can be found astonishing mountain views, and the topography lends itself easily to multiple structures like guest homes, arenas, and more. There are currently 11 parcels remaining ranging from 72 to 160 acres within North Pass. With paved roads all the way from Bozeman, wells and power in to all of the homesites, these panoramic retreats are truly build-ready. The ranch is comprised of over 1,500 acres of awe-inspiring views, lush meadows, and pure mountain air, creating an idyllic community situated just 15 minutes from Downtown Bozeman, yet feels like the secluded mountain oasis Montana dreams are made of. Thoughtful amenities on site include a full time ranch manager, stocked ponds for fishing and casting lessons, over 10 miles of developed horseback riding and hiking trails, plus abundant wildlife in every corridor - elk, moose, deer, and bear abound.
#395412

Bozeman

Ranch 4 North Pass Ranches

None Beds

None Baths

N/A

$6,995,000

MLS#: 395412

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