YELLOW tier · MT

Bozeman

Gallatin Valley / Greater Yellowstone (Bozeman + Big Sky + West Yellowstone + Gallatin Gateway)

Thesis

Three-jurisdiction Yellowstone gateway. City of Bozeman is hostile (Type 3 banned, owner-occupancy required for Type 1/2). Big Sky / Gallatin County unincorporated and West Yellowstone are permissive — Big Sky carries premium ski + Yellowstone ADR. Avoid Bozeman city limits unless owner-occupied; target Big Sky and West Yellowstone for non-owner-occupied arbitrage.

Regulatory note

Bozeman city RED (Type 3 banned 12/14/2023, owner-occupancy required). Big Sky/Gallatin Co unincorp GREEN (zoning + state license only). West Yellowstone YELLOW (permit + Madison Addition restriction). Net = YELLOW.

Coming soon

Bozeman deep-dive: full report ships with your first pack.

Permitted zones, banned zones, HOA-permissive buildings, friendly PMs, ADR/LTR benchmarks, seasonality, and red flags — all delivered alongside your 50 ranked leads.