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Exceptional development opportunity in Bozeman’s highly desirable Cattail neighborhood. This approximately 2-acre parcel (with ~1.75 acres of development rights) is being offered with plans in place for a 48-unit multifamily project, currently just one step away from City approval. Located within an established residential area with existing infrastructure, the property benefits from flexible RD zoning and a sub-HOA structure that allows development independent of the existing 16 units. The approved concept includes four 12-plex buildings with a strong unit mix (42 two-bedroom and 6 one-bedroom units), offering an efficient development program. In addition to the multifamily plans, the site presents alternative development potential including smaller home community, live/work configuration, or other residential concepts permitted within zoning. This is a rare opportunity for a developer to step into a thoughtfully planned project and significantly reduce entitlement timeline and risk. Well-located, flexible, and positioned within one of Bozeman’s most active growth corridors.

• Bedrooms
  2
• Sq Footage
  1288
• Acres
  1.8
• Days on Market
  3

Additional Features

• Association
  Yes
• Bathrooms Full
  1
• Bathrooms Half
  1
• Bedrooms Total
  2
• Building Area Total
  1288
• City
  Bozeman
• Contract Status Change Date
  2026-03-30
• Cumulative Days On Market
  1
• Directions
  Corner of Catalyst and 27th.
• Documents Count
  3
• Latitude
  45.712919
• Listing Contract Date
  3
• Listing Key
  1156376027
• List Price
  2750000
• Living Area
  1288
• Longitude
  -111.074363
• Lot Size Acres
  1.8
• Lot Size Square Feet
  78408
• MLS Area Major
  Bozeman City Limits
• MLS Area Minor
  1 N W - Boz N of Main/ W of 19th
• MLS Status
  Active
• Original List Price
  2750000
• Originating System Name
  S W M T
• Parcel Number
  R F G60167
• Photos Count
  17
• Postal Code
  59718
• Property Sub Type
  Unimproved Land
• Property Type
  Land
• Standard Status
  Active
• Subdivision Name
  Other
• Tax Annual Amount
  9875
• Tax Legal Description
  URBAN VILLA CONDO, S35, T01 S, R05 E
• Tax Year
  2025
• Unparsed Address
  3219 N 27th
• Utilities
  None
• Year Built
  2012

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