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Lot/land
  • Price cut: $449K (7/14)
    $3,850,000

    1109 & 1143 Thomas Dr, Bozeman, MT 59718

    --beds
    --baths
    8.24Acres
    Unimproved Land
    Built in ----
    8.24 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers.
    593 days
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    41
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Blevins 406-539-5887,

    Michael Blevins Real Estate,

    Jason Basye 406-581-7653,

    Bozeman Real Estate Group

    Source: Big Sky Country MLS,MLS#: 396569Originating MLS: Big Sky Country MLS

      Facts & features

      Interior

      Interior area
      • Finished area above ground: 0

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      • Waterfront features: None
      Lot
      • Size: 8.24 Acres
      • Features: Level
      • Topography: Level
      Details
      • Additional parcels included: 00RFG10150
      • Parcel number: 000RFG8580
      • Zoning description: R4
      • Special conditions: None

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Bozeman

      Financial & listing details

      • Annual tax amount: $23,765
      • Date on market: 12/17/2024
      • Cumulative days on market: 526 days
      • Listing terms: Cash,1031 Exchange,3rd Party Financing
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/14/2026Price change$3,850,000-10.4%
        Source: Big Sky Country MLS #396569 Report a problem
        6/1/2026Listed for sale$4,299,000-14%
        Source: Big Sky Country MLS #401664 Report a problem
        3/26/2026Contingent$4,999,000
        Source: Big Sky Country MLS #396569 Report a problem
        10/16/2025Price change$4,999,000-7%
        Source: Big Sky Country MLS #396569 Report a problem
        7/24/2025Price change$5,375,000-10.3%
        Source: Big Sky Country MLS #401664 Report a problem
        5/7/2025Price change$5,995,000-7.8%
        Source: Big Sky Country MLS #396569 Report a problem
        12/17/2024Listed for sale$6,500,000-24.4%
        Source: Big Sky Country MLS #396569 Report a problem
        10/1/2023Listing removed--
        Source: Big Sky Country MLS #385503 Report a problem
        8/30/2023Listed for sale$8,600,000
        Source: Big Sky Country MLS #385503 Report a problem
        8/22/2023Listing removed--
        Source: Big Sky Country MLS #383914 Report a problem
        7/10/2023Listed for sale$8,600,000
        Source: Big Sky Country MLS #383914 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 59718

        Getting around

        11 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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