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515 S Black Ave, Bozeman, MT, 59715

4beds
5baths
4,743sqft
$3,490,000
$736price/sqft
$21,157/moest. monthly cost
$846,280/yrincome needed

About This Home

There is a short list of addresses in Bozeman that people actually want. The south side is at the top of it: walkable, established, rooted in the culture of the town rather than apart from it. Most of what changes hands here is a century old. This one is not. This residence was built without compromise and without shortcuts. The insulation envelope, the mechanical systems, the fixtures, the finishes: every decision was made as if the builder intended to live here for the rest of their life. Because they did. Which means you are acquiring something that cannot be replicated at this price, and likely cannot be replicated at all given what construction now costs in this valley. The main floor moves the way a home should. Entry that lands you without ceremony. A mudroom that actually functions. A kitchen sized for real cooking around a Tulikivi Fireplace with professional-grade appliances to match. Living and dining unfold with intention. A private office keeps work where it belongs. A half bath completes the floor with quiet efficiency. Upstairs, the bedrooms and baths are finished with the same care as the rest of the home. The entire house is conditioned with the help of radiant heating and cooling and an ERC system to maintain a clean and healthy living environment. Downstairs, the basement is a world of its own: a full guest suite, a proper entertainment space, and a gym that culminates in a custom Finleo sauna accessed through a natural stone shower. This is not a feature. It is a commitment to how you live. The garage is heated, cooled, and ventilated, and finished with a coat of epoxy. A MFGR designed carport with heated storage units handles the overflow that Montana life inevitably requires. High-performance windows and superior insulation envelope are just some of the elements incorporated to make this house endure for generations. The ADU is finished to the identical standard as the main house, current occupancy concluding May 1, 2026. Transition timed for a buyer who wants income, guest quarters, or simply the flexibility to decide. The 5KW solar array offsets the majority of the power demand, while the irrigation well eliminates the need for expensive city water for lawn irrigation. This is a new build in the most coveted south side neighborhood in Bozeman, priced below replacement cost. That sentence alone makes this one of the rarest opportunities to come to market in years. Seller is a licensed Realtor in the State of Montana.

Getting Around

85
WalkingVery Walkable
30
TransitSome Transit
75
BikeVery Bikeable

Schools

8/10
Longfellow SchoolGrades PK-50.0 mi
8/10
Sacajawea Middle SchoolGrades 6-82.1 mi
8/10
Bozeman High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2015

Materials

  • Roof: Asphalt

Other

  • Builder name: Intrinsik

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Bathroom,Bedroom,Daylight,Egress Windows

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood
  • Finished area above ground: 3,230

Heating & Cooling

  • Heating features: Solar
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,743
  • Total interior livable area: 4,743 sqft

Property

Details

  • Parcel number: RGH1485
  • Zoning description: RA
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Exterior features: Concrete Driveway,Sprinkler/Irrigation,Landscaping
  • Fencing: Perimeter
  • Waterfront features: None

Lot

  • Lot size: 0.29 Acres
  • Features: Lawn,Landscaped,Sprinklers In Ground

Parking

  • Total spaces: 2
  • Parking features: Attached,Carport,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: 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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake
Lightning
Hail

FEMA Declared Disasters in Gallatin County and Montana

Flood
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $17,647$211,764
Home Insurance $852$10,224
Property Taxes $2,333$27,996
Electricity $325$3,908
Total$21,157$253,884

Income You'd Need if You Spent...

35% on housing$725,382/yr
40% on housing$634,710/yr
45% on housing$564,186/yr

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.

Insurance Growth Rate5-year average: 14.5%
14.5%
0%30.0%
Electricity Growth Rate10-year average: 1.3%
1.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$736This listing

vs Other Active Listings

Avg $/sqft

ZIP 59715$609
Gallatin County$546

vs Homes Sold Last Month

Median $/sqft

ZIP 59715$436
Gallatin County$365

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

DateEventPrice
2026-04-15Listed for sale$3,490,000
2013-04-11Sold--
2012-08-07Sold--
2011-08-26Listing removed$201,000
2011-01-29Price change$201,000
2011-01-24Price change$275,000
2011-01-21Listed for sale$240,000

For Sale by Agent

AgentMatt Paine
BrokerageBerkshire Hathaway - Bozeman

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