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GRAFS 1ST ADDITION

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Grafs 1st Addition Subdivision

Graf’s 1st Addition is an established in-town south Bozeman neighborhood near MSU, Bozeman Health, and downtown — a different character entirely from the acreage subdivisions further south. Named for Eugene Graf, the early Bozeman businessman and Bon Ton flour mill owner who played a significant role in the city’s early development, this is one of the more historically rooted neighborhoods in south Bozeman. Homes here sit on standard in-town lots with mature character. It’s close to Peets Hill and the Main Street to the Mountains trail. Homes have been running in the $689K–$885K range.

Location: South Bozeman — MLS 1SM
N 18th Avenue and O'Connell Drive area. Near MSU, Bozeman Health, and downtown

Drive to downtown Bozeman: Approx. 5 min

Drive to Bozeman Yellowstone International Airport: Approx. 15–18 min

Drive to MSU Campus: Approx. 5 min

Nearest major corridor: Kagy Boulevard / S. 3rd Avenue

Notable nearby: MSU campus, Bozeman Health, Museum of the Rockies, Peets Hill, Main Street to the Mountains trail, Graf's 2nd Addition (adjacent)

Access notes: Central south Bozeman in-town location — walkable to MSU and close to downtown.

Housing types: Single-family — established homes with mature character
HOA: No formal HOA — established neighborhood era
Lot sizes: 7,500–8,800 sq ft — standard in-town lot sizes
Price range: Under contract $875K (3BR/3BA, 2,040 sq ft); sold $885K (4BR/4BA, 3,054 sq ft, 0.29 acres, 87 DOM) — 1 year data (as of April 2026)
Home sizes: Typically 4BR/3BA, 2,040–3,054 sq ft

Graf's 1st Addition is close to Peets Hill — one of Bozeman's most beloved trail corridors — and near the Main Street to the Mountains trail system. MSU, the Museum of the Rockies, Bozeman Health, and downtown are all within easy reach.

Graf's 1st Addition tends to attract buyers who want an established in-town south Bozeman location — walking distance to MSU and Peets Hill, close to downtown and Bozeman Health — with the character and lot sizes of an older, mature neighborhood.

- Graf's 1st Addition and Graf's 2nd Addition are adjacent but separate plats — homes in each carry different character and price points. Make sure you know which plat any listing belongs to.

- No formal HOA — typical for neighborhoods of this era. Understand what this means for neighborhood character and any planned improvements.

- One sold listing had 87 days on market — longer than average for this corridor. Evaluate each home individually; the market here is less homogeneous than newer subdivisions.

- The Graf name comes from Eugene Graf, an early Bozeman businessman who was instrumental in the city's early commercial and residential development.