For those who dream of creating a custom Montana sanctuary, the opportunity always starts with the land. Set on 20.46 private and picturesque acres off South Cottonwood Road, this property offers an exceptional combination of live water, verdant meadows, mature trees, and sweeping mountain views--all within 13 minutes of downtown Bozeman. Aajker Creek flows through the property--and through a tranquil pond--on the west end of the parcel while generous stretches of pasture to the east offer a beautiful setting for horses and the freedom to embrace the quintessential Montana lifestyle. With no covenants, 7316 South Cottonwood offers a rare degree of flexibility for those seeking a private equestrian property or country retreat.
The existing residence provides a substantial starting point for a custom home, with a proposed three-bedroom, three-bathroom layout featuring a dedicated office and spacious, open-concept living spaces. Currently framed to the studs, the interior remains a blank canvas--which would allow a future owner to revisit the floor plan, select finishes, explore modifications to the existing footprint and personalize the home's architectural character. Several building materials are already on site, including Andersen E-Series windows, flooring, cabinetry, wood beams and brick. An additional outbuilding offers equally compelling possibilities, whether envisioned as an oversized workshop, space for hobbies and equipment, or a potential accessory dwelling unit.
Offered as-is, where-is, and priced below the sellers' total investment, this property presents a unique opportunity to build upon work already completed while enjoying the creative freedom of a custom build. The combination of acreage, live water, privacy, equestrian potential, and architectural liberty distinguishes this offering from traditional residential properties.
Some properties are defined by what has already been built. Others are defined by what is still possible. Schedule a private showing of 7316 S Cottonwood Road and discover the opportunity to create something uniquely your own.
Lot/land
Price cut: $451K (10/29)
$2,799,000
7316 Cottonwood Rd, Bozeman, MT 59718
4beds
20.46Acres
Unimproved Land
Built in 1992
20.46 Acres Lot
$-- Zestimate®
$953/sqft
$-- HOA
What's special
Live waterSweeping mountain viewsBeautiful setting for horses
- 28 days
- 1,388
- 132
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bessie Hudgens 406-595-6030,
Berkshire Hathaway - Bozeman
Source: Big Sky Country MLS,MLS#: 415424Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total structure area: 2,936
- Total interior livable area: 2,936 sqft
- Finished area above ground: 0
Video & virtual tour
Property
Features
- Fencing: Barbed Wire,Perimeter
- Has view: Yes
- View description: Farmland, Lake, Meadow, Mountain(s), Pond, Rural, River, Southern Exposure, Creek/Stream, Valley, Trees/Woods
- Has water view: Yes
- Water view: Lake,Pond,River,Creek/Stream
- Waterfront features: Creek, Pond, Seasonal
Lot
- Size: 20.46 Acres
- Features: Level
- Topography: Level
Details
- Additional structures: Barn(s), Shed(s), Workshop
- Parcel number: RGG26347
- Zoning description: AS
- Special conditions: None
- Horse amenities: Hay Storage, Loafing Shed
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Bozeman
Financial & listing details
- Price per square foot: $953/sqft
- Tax assessed value: $956,535
- Annual tax amount: $7,258
- Date on market: 10/14/2026
- Cumulative days on market: 29 days
- Listing terms: Cash,1031 Exchange,Owner May Carry
- 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
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Price change | $2,799,000-13.9%$953/sqft |
Source: Big Sky Country MLS #415424 Report a problem | ||
| 10/14/2026 | Listed for sale | $3,250,000+48.1%$1,107/sqft |
Source: Big Sky Country MLS #415424 Report a problem | ||
| 4/15/2022 | Sold | -- |
Source: Big Sky Country MLS #367252 Report a problem | ||
| 3/5/2022 | Pending sale | $2,195,000$748/sqft |
Source: Big Sky Country MLS #367252 Report a problem | ||
| 3/1/2022 | Listed for sale | $2,195,000$748/sqft |
Source: Big Sky Country MLS #367252 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,949 -34.7% | $956,535 -13.4% |
| 2024 | $6,050 +7.9% | $1,104,602 |
| 2023 | $5,606 +18.7% | $1,104,602 +58.5% |
| 2022 | $4,723 +2% | $696,717 |
| 2021 | $4,630 +0.5% | $696,717 +10.6% |
| 2020 | $4,606 -8.3% | $629,892 |
| 2019 | $5,025 +15.3% | $629,892 +16.8% |
| 2018 | $4,358 +7.7% | $539,507 |
| 2017 | $4,045 +10.7% | $539,507 +19.1% |
| 2016 | $3,653 | $453,127 |
| 2015 | $3,653 -3.3% | $453,127 +58.1% |
| 2014 | $3,778 +13.1% | $286,605 +3% |
| 2013 | $3,341 +1.4% | $278,283 +3.4% |
| 2012 | $3,295 | $269,102 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | $359,750 |
| 2007 | -- | $359,750 |
| 2006 | -- | $359,750 |
| 2005 | -- | $359,750 |
| 2004 | -- | $359,750 |
| 2003 | -- | $359,750 +16.1% |
| 2002 | -- | $309,978 |
| 2000 | -- | $309,978 |
Find assessor info on the county website





