You may have noticed a new subdivision underway along South 19th Avenue in Bozeman. A sign appeared a few weeks ago and now excavation is underway. If you've been wondering what exactly this project is, here's your answer.
The Summits subdivision is a 50-acre parcel of land just north of the Hyalite View Estates subdivision. The land is being subdivided into 35 lots all of which are 1 +/- acre. Some of the lots are now on the market ranging in price from $475k - $725k.
According to the listing descriptions and project website, The Summits neighborhood will include 30% open space “preserving the natural beauty of the area and supporting local wildlife, riparian habitats, and native plant species.” There are trails throughout the neighborhood as well as a community pond.
The land is currently owned by Folarel South 19th LLC, which is tied to Arel Capital a real estate investment company with offices in New York, New York, and Bozeman.
Here are the properties listed for sale in The Summits subdivision.
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