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515 Silverbow Ave, Belgrade, MT, 59714

1beds
1baths
822sqft
$399,000
$485price/sqft
$2,399/moest. monthly cost
$95,960/yrincome needed

About This Home

Historic charm, timeless character, and future potential all come together at this one-of-a-kind Belgrade cottage. Situated on two city lots in one of Belgrade's established neighborhoods, this inviting home offers the warmth and craftsmanship that's becoming increasingly difficult to find. Inside, rich wood floors, original trim, oversized windows, and a beautiful stone hearth with a cozy wood stove create spaces full of character and comfort. The spacious kitchen flows naturally into the dining and living areas, while vintage details—including a classic clawfoot tub, warm wood finishes, and thoughtfully preserved architectural elements—celebrate the home's historic appeal. New siding provides added peace of mind while enhancing the home's curb appeal. Step outside to enjoy a surprisingly private backyard framed by mature trees and landscaping. The detached garage and separate studio building with electricity and a wood stove provide exceptional flexibility for hobbies, creative pursuits, a workshop, home office, or additional storage. Beyond its charm, this property also offers exciting long-term possibilities. The double city lot presents future flexibility, and according to the City of Belgrade Planning Department, an accessory dwelling unit (ADU) may be permitted if incorporated into the primary residence or constructed above a detached garage, subject to zoning, setback requirements, and City approval. Buyers are encouraged to verify all development opportunities independently. Located just minutes from downtown Belgrade, parks, schools, shopping, dining, Bozeman Yellowstone International Airport, and an easy commute to Bozeman, this home offers the perfect blend of historic character, modern convenience, and future opportunity. Whether you're searching for a home filled with personality, a property with room to grow, or an investment in one of Gallatin Valley's most desirable communities, 515 Silverbow is a rare opportunity that's ready for its next chapter.

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

6/10
Belgrade Middle SchoolGrades 5-81.0 mi
6/10
Belgrade High SchoolGrades 9-120.9 mi
8/10
Saddle Peak ElementaryGrades PK-41.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 822

Heating & Cooling

  • Heating features: Natural Gas,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 822
  • Total interior livable area: 822 sqft

Property

Details

  • Parcel number: RFF14011
  • Zoning description: None/Unknown
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,000 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,017$24,204
Home Insurance $132$1,584
Property Taxes $99$1,188
Electricity $151$1,812
Total$2,399$28,788

Income You'd Need if You Spent...

35% on housing$82,251/yr
40% on housing$71,970/yr
45% on housing$63,973/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

$485This listing

vs Other Active Listings

Avg $/sqft

ZIP 59714$445
Gallatin County$549

vs Homes Sold Last Month

Median $/sqft

ZIP 59714$311
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
2026-07-30Listed for sale$399,000
2026-03-14Listing removed$2,000
2026-02-28Listed for rent$2,000
2008-04-30Listing removed$187,500
2008-04-23Listed for sale$187,500
2008-02-14Listing removed$187,500
2007-11-23Listed for sale$187,500

For Sale by Agent

AgentJoseph Cary
BrokerageLPT Realty

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