Located in Gallatin Gateway and only 28 mins to Big Sky, this 1.61 acre property has NO ZONING, a 4 bedroom, 2 bath home, plus a detached ~1500 sq ft shop making it a perfect live-work arrangement. The home is currently used as employee housing with the fenced in yard space utilized for construction supplies/equipment and the two outbuildings for enclosed/protected storage areas. The detached ~39X39 garage/shop was turned into a cool & functional living space that now includes a kitchen with appliances, one bath, laundry area, and abundant southern exposure. Although the shop is easy to live in, the conversion was done in such a manner to be an uncomplicated transformation back to it's original use. The Gallatin River flows not far from this property and affords a wide range of outdoor opportunity and possibilites. In addtion, Bozeman is only a 20 min drive, the Madison River is 30 mins, and it's only 45 mins to Bridger Bowl ski area. Come see this property to understand it's wide range of work-live potential and see how close you can be to dramatic wilderness, diverse wildlife, alpine lakes, and easy access to your favorite activities.
This is an incredible opportunity to own a home on 1.6 acres with no covenants or zoning. The property has a large insulated 38 x 38 shop, complete with electrical, plumbing and a gas ceiling furnace. The shop has a small kitchenette and bathroom complete with a shower. The home has a metal roof and hardboard siding installed within the past 10 years. The home has 3 bedrooms, master suite, walk-in closet, vaulted ceilings, mudroom, dining area, 2 bathrooms, kitchen and office space. There are two out buildings, one has been used for a tack room. Great opportunity to let your imagination run wild.
Year
Property tax
Land + Additions
Assessment*
2025
$2,276 (−24.3%)
$1,079,846 + $15,554
$1,095,400
2024
$3,007 (+5.2%)
$404,238 + $129,850
$534,088
2023
$2,859 (+14.1%)
$286,286 + $333,614
$619,900
2022
$2,506 (+88.5%)
$286,286 + $333,614
$619,900
2021
$1,330 (+5.2%)
$169,015 + $231,785
$400,800
2020
$1,263 (+2.2%)
$176,052 + $37,110
$213,162
2019
$1,236 (−7.9%)
$137,711 + $37,400
$175,111
2018
$1,342 (+9.1%)
$137,711 + $37,400
$175,111
2017
$1,230 (+25.7%)
$138,413 + $37,180
$175,593
2016
$978 (−0.6%)
$138,413 + $37,180
$175,593
2015
$984 (+38.2%)
$131,366 + $330
$131,696
2014
$712
$131,366 + $330
$131,696
Tax history for 5 Rabel Ln
Year
Property tax
Land + Additions
Assessment*
2025
$2,276 (−24.3%)
$1,079,846 + $15,554
$1,095,400
2024
$3,007 (+5.2%)
$404,238 + $129,850
$534,088
2023
$2,859 (+14.1%)
$286,286 + $333,614
$619,900
2022
$2,506 (+88.5%)
$286,286 + $333,614
$619,900
2021
$1,330 (+5.2%)
$169,015 + $231,785
$400,800
2020
$1,263 (+2.2%)
$176,052 + $37,110
$213,162
2019
$1,236 (−7.9%)
$137,711 + $37,400
$175,111
2018
$1,342 (+9.1%)
$137,711 + $37,400
$175,111
2017
$1,230 (+25.7%)
$138,413 + $37,180
$175,593
2016
$978 (−0.6%)
$138,413 + $37,180
$175,593
2015
$984 (+38.2%)
$131,366 + $330
$131,696
2014
$712
$131,366 + $330
$131,696
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.