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HOME 40

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Home 40 Subdivision

Home 40 is a luxury south Bozeman subdivision with a story behind it. The name comes from the “home 40” — the 40-acre homestead parcel where early Montana settlers built their lives. Developer Home 40 Development Group is Montana-rooted and mission-driven, building around the values of stewardship and community. The result is a neighborhood with up to 49 custom homes on 1 to 1.28-acre lots off Fowler Lane, a community pond, outdoor pool, fitness center, outdoor gathering spaces, and over 3 miles of nature trails — all with stunning mountain views near Hyalite Canyon. Lots are still available for buyers who want to build. Sold homes have ranged from $2.4M to $3.05M, with a median of $2.8M.

Location: South Bozeman — MLS area 2SW. Off Fowler Lane, Clancy Way, Mclure Drive, Waylon Way area. Near Hyalite Canyon, MSU, and downtown

Drive to downtown Bozeman: Approx. 12–15 min

Drive to Bozeman Yellowstone International Airport: Approx. 18–20 min

Drive to MSU Campus: Approx. 10–12 min

Nearest major corridor: S. 19th Avenue

Notable nearby: Hyalite Canyon and Reservoir, Hyalite View Estates, Hyalite Ranch, Greenhills Ranch

Access notes: S. 19th connects north to town and south to Hyalite Canyon.

Housing types: Single-family only — custom-built homes
Developer: Home 40 Development Group (Montana-rooted, mission-driven)
Total planned homes: 49
Exterior style: Bozeman contemporary — stone, vinyl, and wood exteriors with modern interiors
Lot sizes: 1.01–1.28 acres (homes); available lots 1.07–1.11 acres
HOA: Yes — active with fees and dues
Amenities: Community pond, outdoor pool, fitness center, outdoor gathering spaces, 3+ miles of nature trails
Lot prices: $660K (1.11 acres) and $775K (1.07 acres) — 2 lots currently available
Price range (homes): Active $2.685M (price reduced, 192 DOM); sold $2.4M–$3.05M; median sold $2.8M (as of April 2026)
Home sizes: Typically 4-5BR/4-5BA, 4,113–6,146 sq ft

Home 40 has one of the more complete amenity packages of any Hyalite corridor subdivision — a community pond, outdoor pool, fitness center, and outdoor gathering spaces, connected by over 3 miles of nature trails with mountain views throughout. The developer also participates with a nonprofit dedicated to maintaining and supporting Hyalite Canyon recreation, which reflects the community's broader values.

Home 40 tends to attract buyers who want a luxury south Bozeman home with genuine amenities built into the neighborhood — not just a lot with views, but a community with a pool, trails, and gathering spaces — at a price point that reflects the quality of construction and the lot sizes. The mission-driven Montana developer story resonates with buyers who care about authenticity and stewardship.

- The one active home has been on the market 192 days with a price reduction. This is a single outlier — the 3 sold homes went in 7–28 days (median 25 days). Don't let the one long-standing listing misrepresent the broader market here.

- Two lots are currently available at $660K and $775K for buyers interested in building custom. Lot prices in this neighborhood are meaningful given the amenity package that comes with them.

- Home 40 is one of the few luxury south Bozeman developments with a pool and fitness center — these are HOA-maintained community amenities, not separate memberships.

- Home 40 Development Group derives its name from the historic "home 40" homestead parcel of early Montana settlers — that context is woven into the community's design philosophy.

- With 49 total planned homes, this is a small, intimate subdivision by design. The build-out is still in progress — if you're interested, it's worth understanding where the remaining lots sit relative to completed homes.