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TBD Westlake
Bozeman, MT 59718
Modular Construction Development Opportunity · Land For Sale · 15.99 AC

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Investment Highlights

  • Bozeman Continues To Receive National Attention For Its Quality Of Life
  • Modular Construction Reduces Costs, Timelines, And Development Risk For Investors 
  • Attainable Housing Addresses Growing Affordability Gap For Buyers And Renters 
  • Limited Entry-Level Inventory Drives Consistent Absorption For Attainable Housing
  • Scalable Modular Designs Support Multiple Exit Strategies And Phased Development 
  • Entry-Level Housing Remains Scarce Despite Increased Overall Housing Supply

Executive Summary

Marcus & Millichap is pleased to present the exclusive listing for a 15.99-acre development site in Bozeman, Montana that is ideally suited for modular-style construction. This rare opportunity allows a developer to leverage the speed, cost efficiency, and scalability of modular development to meet the surging demand in one of the fastest-growing cities in the United States. Strategically positioned and highly visible, the site offers an exceptional platform to deliver housing or mixed-use products faster than traditional construction, capitalize on strong market fundamentals, and achieve accelerated time to market in a supply-constrained environment.
In Bozeman, there is strong demand for attainable residential products that address the growing need for entry-level ownership and rental housing, including townhomes and single-family homes. This reflects broader demographic preferences in Bozeman, where detached homes and townhomes remain the dominant product types among buyers, and missing middle housing is increasingly discussed as a critical tool to enhance affordability and community character.
To meet these market realities, a for-sale or for-rent residential development oriented around modular construction. Modular housing offers significant advantages for both developers and end users:
• Cost Efficiency: Modular construction can reduce labor and material costs, increase project predictability, and shorten the overall development timeline compared to traditional stick-built construction.
• Scalability: The modular approach is well suited to producing diverse housing types — from townhomes to single-family homes — that appeal to a broader market.
• Affordability: Lower construction costs and faster delivery can improve the financial viability of entry-level housing, making homes more attainable for local households.
By aligning the site’s potential with current market demand, affordability priorities, and emerging best practices in residential development, this offering presents a compelling opportunity for a developer or investor to create a differentiated, economically sound community that serves unmet housing needs in the Bozeman area.

Property Facts

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
  • Single Family Residence
Total Lot Size 15.99 AC
Zoning R-5 - The intent of the R-5 zoning is to provide for high-density residential development through a variety of compatible housing types.

1 Lot Available

Lot

Lot Size 15.99 AC

Description

Located in Northwest Bozeman, the subject property consists of a single land parcel situated at the northeast corner of Westlake Road and Davis Lane, just south of Interstate 90. The lot is zoned Residential Mixed-Use High-Density District (R-5). The intent of the R-5 zoning is to provide for high-density residential development through a variety of compatible housing types and residentially supportive commercial uses, in a geographically compact, walkable area designed to serve the varying needs of the community's residents. The site is approximately 4.7 miles northwest of Bozeman's central business district and 6 miles south of Bozeman Yellowstone International Airport (BZN). Most key services, such as grocery stores, retail, and dining, are within 2-3 miles of the property. The subject property is also surrounded by six different mountain ranges, including the Big Belt and Gallatin Mountains, offering residents ample opportunities for outdoor activities such as hiking, skiing, and other leisure pursuits. This offering is designed to target Bozeman’s highly desirable residential market, which has expanded rapidly in recent years.

Property Taxes

Property Taxes

Parcel Number
06-0904-26-2-03-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,434,960
  • Listing ID: 39291508

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: TBD Westlake, Bozeman, MT 59718

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