A Rare Colonial Revival, Ready for Its Next Iteration | Built circa 1904 during Bozeman's early 20th-century building boom, this Colonial Revival residence was recognized by Montana's Historical and Architectural Inventory as one of the finest examples of the style in the city, a well-preserved pattern-book home with the gambrel roofline, cut stone foundation, and dormered upper story that defined its era. The original owner, farmer and rancher John McDonnell, applied for the home's sewer connection in December 1903; more than a century later, the house still stands as a contributing piece of Bozeman's residential architectural history. This 2,688-square-foot home offers four bedrooms and two bathrooms across its historic footprint, with wood floors and original historic windows still intact, details that speak to the home's authenticity and are increasingly rare to find. Recent updates including new attic insulation and a whole-house air filtration system through the furnace bring modern comfort and efficiency, while leaving the character of the home fully in place. Livable today and ready for its next chapter, whether refreshed cosmetically or reimagined from the studs, the home's scale and history offer a foundation few new builds can match. Set on a third of an acre in one of Bozeman's most desirable pockets, the property includes a historic barn at the rear of the lot, complete with its own gambrel roof. Full of charm and ideal for storage, the barn's huge hayloft adds a rare sense of place rarely found this close to town. This is a chance to take a documented piece of Bozeman history, four bedrooms, two baths, nearly 2,700 square feet, original wood floors and windows, and a storied barn included, and shape its next hundred years.
For sale
$1,250,000
515 W Olive St, Bozeman, MT 59715
4beds
2,688sqft
Single Family Residence
Built in 1930
0.31 Acres Lot
$1,173,600 Zestimate®
$465/sqft
$-- HOA
What's special
Original historic windowsGambrel rooflineWhole-house air filtration systemDormered upper storyCut stone foundationFour bedroomsTwo bathrooms
- 2 days |
- 1,061 |
- 60 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
PollyAnna Snyder 406-600-2477,
Engel & Volkers - Bozeman,
McCullough Roach 406-589-8301,
Engel & Volkers - Bozeman
Source: Big Sky Country MLS,MLS#: 412636Originating MLS: Big Sky Country MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Dining Room, Full Bath, Kitchen, Laundry, Living Room, Office
Bedroom
- Level: Main
Bedroom
- Level: Upper
Den
- Level: Main
Dining room
- Level: Main
Other
- Level: Main
Other
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Floor Furnace, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator
Features
- Walk-In Closet(s), Wood Burning Stove
- Flooring: Hardwood
- Basement: Daylight
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 1,777
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Landscaping
- Fencing: Log Fence,Perimeter,Split Rail
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.31 Acres
- Features: Lawn, Landscaped
Details
- Additional structures: Greenhouse
- Parcel number: RGG2821
- Zoning description: R2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Wood
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Heat Detector, Smoke Detector(s)
- Subdivision: Park Addition
HOA
- Has HOA: No
- Amenities included: Sidewalks
Location
- Region: Bozeman
Financial & listing details
- Price per square foot: $465/sqft
- Tax assessed value: $1,062,686
- Annual tax amount: $5,829
- Date on market: 7/9/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,173,600
$1.11M - $1.23M
$3,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,250,000+120.5%$465/sqft |
Source: Big Sky Country MLS #412636 Report a problem | ||
| 6/13/2019 | Listing removed | $2,500$1/sqft |
Source: Hannah Montana Rentals LLC Report a problem | ||
| 5/31/2019 | Listed for rent | $2,500$1/sqft |
Source: Hannah Montana Rentals LLC Report a problem | ||
| 1/21/2019 | Listing removed | $567,000$211/sqft |
Source: Owner Report a problem | ||
| 10/23/2018 | Pending sale | $567,000$211/sqft |
Source: Owner Report a problem | ||
| 10/19/2018 | Listed for sale | $567,000$211/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,740 -25.7% | $889,400 -4.4% |
| 2024 | $6,377 +6.7% | $930,200 |
| 2023 | $5,977 +16% | $930,200 +51.8% |
| 2022 | $5,153 +9.7% | $612,700 |
| 2021 | $4,698 +4.8% | $612,700 +18.4% |
| 2020 | $4,481 -6.4% | $517,500 +0.9% |
| 2019 | $4,790 +16.9% | $513,000 +17.8% |
| 2018 | $4,098 +7% | $435,300 |
| 2017 | $3,831 +0.2% | $435,300 +7.3% |
| 2016 | $3,822 | $405,800 |
| 2015 | $3,822 +1.7% | $405,800 +73% |
| 2014 | $3,757 +11.5% | $234,578 +6.1% |
| 2013 | $3,370 +4.4% | $221,103 +7% |
| 2012 | $3,226 | $206,570 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $221,600 |
| 2007 | -- | $221,600 |
| 2006 | -- | $221,600 |
| 2005 | -- | $221,600 |
| 2004 | -- | $221,600 |
| 2003 | -- | $221,600 +48.3% |
| 2002 | -- | $149,400 |
| 2000 | -- | $149,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Cooper Park
Nearby schools
GreatSchools rating
- 7/10Irving SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Sacajawea Middle SchoolGrades: 6-8Distance: 2.3 mi
- 8/10Bozeman High SchoolGrades: 9-12Distance: 0.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Montana
- Gallatin County
- Bozeman
- 59715
- Cooper Park
- 515 W Olive St
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