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Intro to Bozeman

Vacation Rental Investment Property in Bozeman

by Liz Nitz

Rental Investment Property in Bozeman

A few years ago, Bozeman redid the city zoning map. In an attempt to control and steer growth, and to keep home prices affordable, Vacation Rental Investment Property were curtailed and limited to very specific areas.  Any grandfathered vacation rentals could not keep that status if the home sold.  Bozeman also designated some areas as higher density which would allow for ADUs to be built on the property.

Short Term Rentals are defined in Sec. 38.42.2835 of the Bozeman Municipal Code as:

“A vacation home, tourist home as defined in MCA 50-51-102, a dwelling as defined in 38.42.940, accessory dwelling unit, or room within a vacation home or dwelling, which is rented by or on behalf of the owner to the general public for compensation for transient occupancy as provided for in article 22.”

 

The distinctions between different types of Short terms rentals

  • Type-1:  A short term rental of one or more bedrooms in an owner-occupied dwelling while the owner is occupying the same dwelling unit for the entire rental period.
  • Type-2:
    1. A short term rental of an owner-occupied dwelling if the owner is not occupying the dwelling during the entire rental period.
    2. A short term rental of a permitted accessory dwelling unit (ADU) whether or not the ADU’s owner is present in the primary dwelling unit during the rental period.
    3. A short term rental of one dwelling unit within a duplex whether or not the duplex’s owner is present in the duplex’s other dwelling unit during the rental period.
  • Type-3:   A short term rental that is not owner-occupied.

Bozeman zoning map

  • The red areas do not allow vacation rentals of any kind.
  • The orange areas only allow type 1 vacation rental.
  • The yellow areas only allow type 1 or 2 vacation rental.
  • The green areas allow all types of vacation rental.

As Bozeman is a favorable destination spot for vacationers, the type 3 Green properties are very desirable for investment purposes.

What Should Affordable Housing Look Like in Bozeman?

Where to start investing in vacation rentals in Bozeman

The following is a list of the green zones allowing all types of vacation rental investment properties, with up-to-the-minute active listings. When you save the search on each page, you will receive email updates any time a new listing is added to the MLS!

  • Bozeman South
  • Bozeman East
  • Bozeman Main Street
  • Bozeman Huffine
  • Bozeman Four Corners
  • Bozeman North 7th
  • Bozeman North 19th
  • Bozeman Baxter West

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2316 Gallatin Green Boulevard 17, Bozeman, Montana 59718

2316 Gallatin Green Boulevard 17, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,530Sqft
Beautiful 3 bed 2.5 bath 1530 square foot condo with an attached 2 car garage. This unit features gray cabinets, white hard surface countertops, stainless steel appliances for a great modern feel. Wonderful location close to walking trails, parks, gym, Costco, Target, etc. 3rd bedroom does not have a closet but seller with work with buyer and show them options. AC is an available upgrade.
$445,000

2316 Gallatin Green Boulevard 16, Bozeman, Montana 59718

2316 Gallatin Green Boulevard 16, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,581Sqft
Great modern condo in a prime Bozeman location. Condo is 3 bed 2.5 bath with 1580 square feet with a two car attached garage. Property features gray cabinets, white hard surface countertops, and stainless steel appliances. This is the only unit in the complex that has a bedroom on the main floor. It sits on the south corner with great natural light.
$449,000

2310 Gallatin Green Boulevard 14, Bozeman, Montana 59718

2310 Gallatin Green Boulevard 14, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,540Sqft
Beautiful 3 bed 2.5 bath 1540 square foot condo with an attached 2 car garage. This unit features white cabinets, gray hard surface countertops, stainless steel appliances for a great modern feel. This unit backs to the walking trail and open space with spectacular views of the Bridger Mountains. Wonderful location close to parks, gym, Costco, Target, etc.
$465,000

2320 Gallatin Green Boulevard 23, Bozeman, Montana 59718

2320 Gallatin Green Boulevard 23, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,540Sqft
Beautiful 3 bed 2.5 bath 1530 square foot condo with an attached 2 car garage. This unit features gray cabinets, white hard surface countertops, stainless steel appliances for a great modern feel. Wonderful location close to walking trails, parks, gym, Costco, Target, etc. 3rd bedroom does not have a closet but seller with work with buyer and show them options. AC is an available upgrade.
$472,500

2320 Gallatin Green Boulevard 22, Bozeman, Montana 59718

2320 Gallatin Green Boulevard 22, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,540Sqft
Great unit in the heart of Bozeman. With this location you will have easy access to shopping, schools, and other amenities. Property features 3 bedrooms, 2.5 baths with a two car attached garage. Nice finishes include stainless appliances, hard surface counters, soft close cabinets and laminate floors. These units back to the trail system and parks.
$465,000

2320 Gallatin Green Boulevard 21, Bozeman, Montana 59718

2320 Gallatin Green Boulevard 21, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,540Sqft
Beautiful 3 bed 2.5 bath 1530 square foot condo with an attached 2 car garage. This unit features gray cabinets, white hard surface countertops, stainless steel appliances for a great modern feel. Wonderful location close to schools, parks, gym, Costco, Target, etc. This unit backs to the trail system on both sides for great privacy.
$472,500

3271 Warbler Way A, Bozeman, Montana 59718

3271 Warbler Way A, Bozeman, Montana 59718

3Bedroom(s)
1Bathroom(s)
2,614Sqft
Introducing Skyline Vista, a luxury condo community located on the park in Cattail Creek. With over 2600 +/- sq. feet of living space these 3 bedroom condos live large with a long list of premium upgrades. First floor family room provides a great multi purpose room or office.
$775,000

289 Heights Circle, Bozeman, Montana 59718

289 Heights Circle, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
0.61Acre
2,011Sqft
Custom Home with Additional Income Apartment and a Separate Office Space on .61-acres across from a 5-acre park! This home, built by Dan Jones, has a vaulted ceiling with alder stained trim and door package. The extra-large kitchen has quartz countertops, ceramic tile backsplash, and stainless-steel appliances. The living room features large windows and a beautiful rock fireplace.
$990,000

2938 Warbler Way 16, Bozeman, Montana 59718

2938 Warbler Way 16, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,392Sqft
Elkhorn Condos are designed by Locati Architects. This is an end-unit 3 bedroom condo located near shopping and public transportation, trails, ponds, playgrounds. All bedrooms are located upstairs. There is a one-car attached garage. The main level includes a galley kitchen that opens to the dining and living room.
$445,000
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135 E Main St.

Bozeman, MT 59715

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