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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1582 New Holland Way, Bozeman, Montana 59715

1582 New Holland Way, Bozeman, Montana 59715

3Bedroom(s)
2Bathroom(s)
0.16Acre
1,685Sqft
Stunning brand-new to be built, home, located in a convenient in town location. Walking distance to the Gallatin Regional Park, Dinosaur Playground, Dog Park and ponds. Homes feature shaker cabinets, quartz counters, luxury vinyl plank flooring. 8 foot doors throughout! A generous Master suite with huge walk-in shower, dual vanities and spacious closet. Good size living, dining, kitchen areas.
$487,500

1560 New Holland Drive, Bozeman, Montana 59715

1560 New Holland Drive, Bozeman, Montana 59715

3Bedroom(s)
2Bathroom(s)
0.12Acre
2,015Sqft
Stunning brand-new home to be built, located in a convenient in town location. Walking distance to the Gallatin regional park and Dinosaur playground. Home will feature shaker cabinets, quartz counters, luxury vinyl plank flooring. Main level has a 1/2 bath, living, dining, kitchen. Stainless appliances, enormous garage.
$525,951

402 Meriwether Avenue, Bozeman, Montana 59715

402 Meriwether Avenue, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
0.13Acre
1,864Sqft
This townhome is in the heart of Bozeman is estimated to begin construction in November 2020. Units will include modern finishes such as LVP flooring, stainless appliances, granite counter tops, decks for entertaining, and a full landscape package. Interior units are 1,588 sq. ft. with 2-bedroom, 2-baths with single attached garages. Exterior units are 1,864 sq.
$435,000

432 Meriwether Avenue, Bozeman, Montana 59715

432 Meriwether Avenue, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
0.10Acre
1,864Sqft
This townhome is in the heart of Bozeman is estimated to begin construction in November 2020. Units will include modern finishes such as LVP flooring, stainless appliances, granite counter tops, decks for entertaining, and a full landscape package. Interior units are 1,588 sq. ft. with 2-bedroom, 2-1/2 baths with single attached garages. Exterior units are 1,864 sq.
$435,000

1704 Lincoln Street C1, Bozeman, Montana 59715

1704 Lincoln Street C1, Bozeman, Montana 59715

2Bedroom(s)
2Bathroom(s)
1,041Sqft
Sweeping views of the Bridger Mountains from this brand new condo complex, and incredibly well located; just a short walk from the Bozeman Fieldhouse. These new construction condos boast dual bedroom ensuite. Bathroom shower and floor are tiled, and shower doors are glass.
$339,500

1704 Lincoln Street B8, Bozeman, Montana 59715

1704 Lincoln Street B8, Bozeman, Montana 59715

2Bedroom(s)
2Bathroom(s)
1,041Sqft
Sweeping views of the Bridger Mountains from this brand new condo complex, and incredibly well located; just a short walk from the Bozeman Fieldhouse. These new construction condos boast dual bedroom ensuite. Bathroom shower and floor are tiled, and shower doors are glass.
$339,500

1704 Lincoln Street B3, Bozeman, Montana 59715

1704 Lincoln Street B3, Bozeman, Montana 59715

2Bedroom(s)
2Bathroom(s)
1,041Sqft
Sweeping views of the Bridger Mountains from this brand new condo complex, and incredibly well located; just a short walk from the Bozeman Fieldhouse. These new construction condos boast dual bedroom ensuite. Bathroom shower and floor are tiled, and shower doors are glass.
$339,500

1704 Lincoln Street B2, Bozeman, Montana 59715

1704 Lincoln Street B2, Bozeman, Montana 59715

2Bedroom(s)
2Bathroom(s)
1,041Sqft
Sweeping views of the Bridger Mountains from this brand new condo complex, and incredibly well located; just a short walk from the Bozeman Fieldhouse. These new construction condos boast dual bedroom ensuite. Bathroom shower and floor are tiled, and shower doors are glass.
$339,500

1704 Lincoln Street B1, Bozeman, Montana 59715

1704 Lincoln Street B1, Bozeman, Montana 59715

2Bedroom(s)
2Bathroom(s)
1,041Sqft
Sweeping views of the Bridger Mountains from this brand new condo complex, and incredibly well located; just a short walk from the Bozeman Fieldhouse. These new construction condos boast dual bedroom ensuite. Bathroom shower and floor are tiled, and shower doors are glass.
$339,500
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Windermere Downtown Bozeman

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Bozeman, MT 59715

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