new - 1 day on rocket

1109 Thomas Dr, Bozeman, MT, 59718

$6,500,000

8.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeLand
WaterfrontNone
ViewMountain(s)
MLS #396569
Lot Size8.24 Acres
StatusActive

About 1109 Thomas Dr

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2025. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!

Property Details

Property Features

Listing Office:

  • Office Name: Michael Blevins Real Estate
  • Office Phone: (406) 539-5887
  • Listing Agent: Michael Blevins

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 8.24 Acres

Other

Directions Information:

  • Directions: Baxter, North on Thomas, property on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000

Tax Information:

  • Annual Amount: $4,564
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bozeman, MT.

Med. Sold Price

$751.7K

Med. Price/SqFt

$377

Avg. Days On Market

66

# of Sold Homes

79

1109 Thomas Dr vs Bozeman

1 DAY ON ROCKET

-65 Days

$6,500,000

+$5.7M More

KEY TAKEAWAY

This property is $5.7M more than the Median Sold Price in Bozeman, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMT
  • MLS Number: #396569

Listing Office:

  • Office Name: Michael Blevins Real Estate
  • Office Phone: (406) 539-5887
  • Listing Agent: Michael Blevins

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,564$539,400
2020$4,272$500,000
2019$4,369$500,000
2018$3,282$372,300
2017$3,282$372,300

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-56834
7
/10
  • Emily Dickinson Elementary School

  • 2435 Annie St

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-56835
6
/10
  • Meadowlark Elementary School

  • 4415 Durston Rd

  • 1.80 miles

  • Public District Grades KG-5

school-card-donut-56836
6
/10
  • Whittier Elementary School

  • 511 N 5th Ave

  • 1.93 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,172. Residents of Bozeman, MT typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Bozeman, MT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bozeman, MT?

The housing landscape in Bozeman is characterized by a mix of architectural styles, with single-family homes being a significant part of the market. There is a presence of modern, craftsman, and ranch-style homes, reflecting the area's blend of contemporary and traditional influences. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a period of growth in the late 20th century, with many neighborhoods featuring properties from this era.

Is Bozeman, MT a good place to live?

Bozeman prides itself on its vibrant community spirit and outdoor lifestyle, with the city's proximity to natural wonders like Yellowstone National Park and Bridger Bowl Ski Area shaping its character. The community is celebrated for its annual events such as the Sweet Pea Festival, which showcases local arts and culture, and the Bozeman Stampede Rodeo, reflecting the area's rich western heritage.

Are things conveniently located in Bozeman, MT?

Bozeman offers a comprehensive array of services to its residents. The educational system includes several public and private schools, catering to various educational needs from elementary to high school levels. The city is also home to Montana State University, providing higher education opportunities. Healthcare services are robust, with a major hospital and numerous clinics offering a range of medical care. The public library system serves as a resourceful hub for learning and community engagement. Retail and dining options are plentiful, with local businesses and restaurants reflecting the unique flavors and culture of the region.

What does the transportation in Bozeman, MT look like?

Transportation in Bozeman features a selection of options for residents and visitors. The city's public transit system provides routes connecting key areas, with schedules designed to accommodate the needs of the community. While specific ride-sharing services are available, the city also encourages eco-friendly transportation, with bike lanes and trails for cyclists and pedestrians. The road network includes access to major highways, facilitating travel to nearby cities and natural attractions. Recent efforts have been made to enhance the efficiency and accessibility of the transportation infrastructure to support the growing population.

Frequently Asked Questions About 1109 Thomas Dr

What is the listing price of this property?

The listing price of 1109 Thomas Dr property is $6,500,000.

What type of property is this?

The property 1109 Thomas Dr is land located in Bozeman, Montana, 59718.

Is this property for sale now?

Active Listing: 1109 Thomas Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,564 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1109 Thomas Dr is 8.24 acres.
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Rocket Homes›Montana›Gallatin County›Bozeman›59718›1109 Thomas Dr

This home is located at 1109 Thomas Dr in Bozeman, MT and zip code 59718. This home sits on a 8.24 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $6,500,000.

In November 2024, from all listings sold in Bozeman, MT there were more than 3 sold above asking price, over 61 sold below and more than 15 were sold right at the asked price. Between October 2024 and November 2024, Bozeman, MT real estate market has seen decrease in the number of listings by 7.6%. Listings spent 66 days on the market in November 2024, and had a median list price of $751,760 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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