Rainbow Real Estate

Rainbow Real Estate

Welcome to Rainbow, a vibrant subdivision nestled in the heart of Bozeman, Montana. Known for its stunning vistas and a strong sense of community, Rainbow offers residents a unique blend of natural beauty and modern conveniences. This picturesque neighborhood is situated just a stone's throw away from the breathtaking Gallatin Valley, providing an idyllic backdrop for outdoor enthusiasts and families alike.

Rainbow is characterized by its thoughtfully designed homes, each reflecting the charm of Montana's architectural heritage while incorporating contemporary amenities. Whether you’re seeking a cozy single-family home or a spacious property with room to grow, you’ll find a diverse array of options that cater to all lifestyles and budgets. The tree-lined streets and well-maintained parks create a welcoming environment, perfect for evening strolls or weekend gatherings.

Living in Rainbow means embracing the best of Bozeman. The subdivision is conveniently located near top-rated schools, local shops, and delicious dining options, making everyday errands a breeze. For those who love the great outdoors, the nearby Bridger Mountains offer endless opportunities for hiking, skiing, and fishing, ensuring that adventure is always just around the corner.

Community events and activities abound in Rainbow, fostering connections among neighbors and creating a warm, inviting atmosphere. Whether you’re a first-time homebuyer or looking to settle into a thriving community, Rainbow in Bozeman, MT, is the perfect place to call home. Experience the charm, beauty, and camaraderie that this remarkable subdivision has to offer!

Newest Listings in Rainbow

25 Central Avenue, Bozeman
$385,000
415637 MLS
Two Lots in the Heart of Four Corners - No HOA or Covenants! Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers convenience, flexibility, and exceptional potential! The property features an existing mobile home, a detached 640 SF garage/shop with a concrete floor, an additional outbuilding, and a fully fenced yard with mature trees. The mobile home is not on a permanent foundation, making it easier for a buyer to remove and prepare the property for future development. A Major Advantage: Water and Sewer Hookups Already Paid For! The property has been annexed into the Gateway Water and Sewer District, and three water and sewer hookups have already been paid for, providing an excellent head start for future development. The owner had plans for three separate live/work units, creating exciting potential for an investor or business owner. The buyer would be responsible for extending the necessary service lines from the street to the building sites. Explore the Possibilities! Potential uses include live/work units, multifamily housing, a single-family residence, a business with room for work trucks, office space, or commercial redevelopment. Whether you choose to renovate the existing structures, build new, create rental income, or establish a place to live and work, this property offers a variety of possibilities in a desirable and growing location. Buyer to verify utility details, hookup availability, connection costs, annexation status and requirements, zoning, permitted uses, and development potential. With its convenient location, existing improvements, and potential for future development, this property presents a unique investment opportunity in one of the Gallatin Valley's growing areas. Bring your vision and explore the possibilities!

25 Central Avenue, Bozeman
13 Central, Bozeman
$299,000
1 Beds ⋅ 415591 MLS
Land with no HOA or covenants! Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers easy access, and exceptional potential. Whether you are looking for land to construct a business , residence, or multi family, this lot has endless possibilities. One of the property's biggest advantages is its future utility potential. Water and sewer lines from the Four Corners Water & Sewer District go down Central and 4th! Buyers have the opportunity to petition for annexation into the district and connect to public water and sewer, a process that typically takes about 90 days. Estimated connection costs are approximately $22,000, plus the cost of extending service lines from the property to the district connection point. Buyer to verify all costs, availability, timelines, zoning, permitted uses, and all annexation requirements. Whether you renovate the existing building, remove it and build new, or explore commercial or redevelopment opportunities, this property offers exceptional flexibility in one of the Gallatin Valley's most desirable growth areas. Back yard is fully fenced

13 Central, Bozeman
217 Lower Rainbow Road, Bozeman
$1,150,000
3 Beds ⋅ 3 Baths ⋅ 415508 MLS
Set on nearly an acre in Four Corners with exceptionally light covenants, this 2,052-sq ft craftsman blends comfortable living with roughly 3,550 sq ft outbuilding capacity (between shops, garages, and pole building). The great room is the true heart of the home, where soaring vaulted, knotty pine ceilings and exposed beams create a warm, light-filled gathering space and oversized windows frame views of the surrounding trees, bringing the outdoors in. The updated kitchen is a chef's dream, anchored by a Viking range and finished with Bianco Venatino quartz countertops and Deer Valley undermount sinks, offering a premium workspace for anyone who loves to cook. A well-appointed pantry with glass-door detailing rounds out the storage, keeping the kitchen as functional as it is beautiful. The main-floor owner's suite has been fully reimagined with an expanded bedroom, a spa-inspired bath featuring a Laguna Grande soaking tub, Dolomiti Bianco marble vanities, and a custom-fitted walk-in closet. A brand-new NHB 150 high-efficiency boiler (2025) keeps the home running efficiently, while a premium Kinetico water filtration and treatment system delivers superior water. Outside, the property is designed for work, recreation, and storage with a 25' x 40' pole barn featuring an attached 12' carport, two heated 30' x 30' shops with one 14-foot RV door and two 10-foot overhead doors, a 25' x 30' two-car garage with an attached workshop, and a separate 20-foot two-car carport. Backed by a documented maintenance history, this rare turnkey property offers warmth, craftsmanship, modern upgrades, and workspace in one unmatched package.

217 Lower Rainbow Road, Bozeman
3490 Magenta Road, Bozeman
$859,900
4 Beds ⋅ 2 Baths ⋅ 414391 MLS
Quiet country living, yet close to Bozeman, Big Sky, and Belgrade. This property is on just under 1 acre, tucked between mature trees and gravel roads. Home offers main level living, 4 bedrooms, 2 bathrooms, sunroom, two car garage with small workshop just off the garage. Inside the home you'll find a large kitchen perfect for entertaining, separate dining room, 2nd smaller living room or playroom, and woodstove for those cozy winter nights. This home must be seen to be appreciated. This property offers a ton of potential for the next owner. All information is deemed reliable, but not guaranteed, all buyers & agents to verify all information herein.

3490 Magenta Road, Bozeman
13 Central, Bozeman
$299,000
2 Baths ⋅ 413533 MLS
Zoned mixed use and a great location for your business! No HOA. No covenants.Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers easy access, and exceptional potential. Whether you are looking for an investment property, live/work opportunity, future business location, or redevelopment project, this property offers flexibility in one of the Gallatin Valley's fastest-growing corridors. The existing 672 SF home has been used as a rental and features 1 bedroom with a walk-through closet, 1 full bathroom, and an open living room and kitchen layout. The home needs significant updating, including all appliances. Tenant has only used a washing machine, but there is space to accommodate a stacked washer and dryer. Home include an attached 2-car garage and an attached shop, providing excellent storage, workspace, or business flexibility. Recent improvements include a newer metal roof and a newer septic tank. It has its own well and single septic septic drainfield. Back yard is fully fenced. One of the property's biggest advantages is its future utility potential. Water and sewer lines from the Four Corners Water & Sewer District are nearby. Buyers have the opportunity to petition for annexation into the district and connect to public water and sewer, a process that typically takes about 90 days. Estimated connection costs are approximately $22,000, plus the cost of extending service lines from the property to the district connection point. Buyer to verify all costs, availability, timelines, zoning, permitted uses, and all annexation requirements. Whether you renovate the existing home, remove it and build new, or explore commercial or redevelopment opportunities, this property offers exceptional flexibility in one of the Gallatin Valley's most desirable growth areas.

13 Central, Bozeman
13 Central, Bozeman
$299,000
1 Beds ⋅ 2 Baths ⋅ 413447 MLS
No HOA. No covenants.Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers easy access, and exceptional potential. Whether you are looking for an investment property, live/work opportunity, future business location, or redevelopment project, this property offers flexibility in one of the Gallatin Valley's fastest-growing corridors. The existing 672 SF home has been used as a rental and features 1 bedroom with a walk-through closet, 1 full bathroom, 1/2 bathroom, and an open living room and kitchen layout. The home needs significant updating, including all appliances. Tenant has only used a washing machine, but there is space to accommodate a stacked washer and dryer. Bonus- there is a vintage claw foot tub! Home include an attached 2-car garage and an attached shop, providing excellent storage, workspace, or business flexibility. Recent improvements include a newer metal roof and a newer septic tank. It has its own well and single septic septic drainfield. Back yard is fully fenced. One of the property's biggest advantages is its future utility potential. Water and sewer lines from the Four Corners Water & Sewer District are nearby. Buyers have the opportunity to petition for annexation into the district and connect to public water and sewer, a process that typically takes about 90 days. Estimated connection costs are approximately $22,000, plus the cost of extending service lines from the property to the district connection point. Buyer to verify all costs, availability, timelines, zoning, permitted uses, and all annexation requirements. Whether you renovate the existing home, remove it and build new, or explore commercial or redevelopment opportunities, this property offers exceptional flexibility in one of the Gallatin Valley's most desirable growth areas.

13 Central, Bozeman
80455 Gallatin Road, Bozeman
$749,900
3 Beds ⋅ 2 Baths ⋅ 412863 MLS
NEW PRICE. ONE ACRE. YOUR OWN CREEK. A SHOP. SINGLE-LEVEL LIVING. MINUTES FROM BOZEMAN. Now offered at a significantly improved price, 80455 Gallatin Road delivers a combination of land, lifestyle, and location that is increasingly hard to find in the Bozeman area. Set on approximately one acre just outside Bozeman, Montana, this single-level ranch offers the breathing room buyers want without giving up quick access to town—and you cross your own picturesque creek on the way home. Inside, vaulted ceilings and an open-concept floor plan create a bright, comfortable living space designed for easy everyday living. Radiant floor heat adds cozy efficiency through Montana winters, while the spacious primary suite features a walk-in closet. Fresh exterior paint gives the home a clean, updated look. Step outside and the value of this property really comes into focus. A SHOP provides space for projects, tools, recreational gear, toys, or extra storage. There’s also a large garden area, greenhouse/chicken coop, underground sprinklers, an expansive yard, covered back patio, and room to make this acre fit your version of Montana living. Location adds even more. The Gallatin River and Bozeman Hot Springs are just minutes away, with convenient access to Bozeman, Belgrade, Big Sky, Yellowstone International Airport, Bridger Bowl, and the recreation Montana is known for. Fish. Float. Ski. Hike. Garden. Keep chickens. Work in the shop. Entertain outside. Or simply enjoy having space around you. For buyers comparing Bozeman-area properties, take another look at what you’re getting here: approximately ONE ACRE, a CREEK, a SHOP, single-level living, outdoor amenities, and a highly convenient Gallatin Valley location—now at a substantially improved price. 80455 Gallatin Road offers something a typical neighborhood property simply can’t: more land, more versatility, and more ways to enjoy Montana. Be sure to watch the full YouTube property tour for an even better look.

80455 Gallatin Road, Bozeman
TBD Indigo, Bozeman
$2,500,000
412203 MLS
A hidden gem containing an undeveloped quiet end of the road Gallatin river front property. This property includes nearly 700 feet of Gallatin river frontage in the Rainbow Subdivision near four corners. The property includes 3 two and one half acre lots ( 2 1/2 ) totaling seven and one half (7 1/2 ) acres. A portion of the property is within the 100 year flood plain which does not allow permanent structures. The property has no improvements but currently comes with access to four corners sewer district for two homes. Additional capacity for a guest house for each home can be purchased. Wells will need to be drilled on the property for water for the homes. Power is close to the property. Wildlife abounds in the area including deer, ducks, geese and trout to keep your attention or just enjoy the quiet…

TBD Indigo, Bozeman
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