203 Fletching Way, Belgrade, MT, 59714
About This Home
Welcome to Belgrade's premiere live/work community, Jackrabbit Reserve! This thoughtfully designed development is encircled by a public trail system and ideally located near Belgrade's ever-growing town center. 203 Fletching Way is a stunning newly constructed triplex, with each unit featuring a 1200+ sf main level shop with epoxy flooring, as well as a luxurious 2 bedroom, 2 bathroom residence above. Each unit features sleek LVP flooring, fully equipped kitchens with full stainless steel appliance suite, laundry, and window coverings. Jackrabbit Reserve enjoys quick proximity to the Bozeman Yellowstone International Airport, I-90 interstate access, grocery stores, and dining. An investor's dream, this triplex has massive rental income potential as Belgrade continues to grow and live/work opportunities continue to be a rare find.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Roof: Metal
- Construction materials: Metal Siding
Other
- Builder name: Black Mountain Architechture/Ninth Element Constru
Type & Style
- Home type: MultiFamily
- Architectural style: Contemporary,Custom
- Property subType: Triplex,Multi Family,Multi Family
Interior
Appliances
- Appliances included: Built-In Oven,Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Some Gas Appliances,Stove
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 9
Features
- Walk-In Closet(s)
- Flooring: Laminate
- Finished area above ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Wall/Window Unit(s)
Property
Details
- Parcel number: TBD
- Zoning description: B2
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Blacktop Driveway
- Has view: Yes
- View description: Farmland,Mountain(s)
- Waterfront features: None
Lot
- Lot size: 0.29 Acres
Parking
- Parking features: Paved,Garage Door Opener
- Has garage: Yes
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Earthquake
- Hail
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Gallatin County and Montana
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,860 | $118,320 |
| Home Insurance | $645 | $7,740 |
| Property Taxes | $893 | $10,716 |
| Electricity | $151 | $1,812 |
| Total | $11,549 | $138,588 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Listed for sale | $1,950,000 |
| 2026-01-05 | Listing removed | $2,000,000 |
| 2025-09-25 | Listed for sale | $2,000,000 |
View on Zillow