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GRAFS 2ND ADDITION

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Grafs 2nd Addition Subdivision

Graf’s 2nd Addition sits on a gentle hill on Bozeman’s south side — one of the city’s original high-end neighborhoods, with larger lots, established landscaping, and beautiful views of the Gallatin Valley. The housing mix tells the story of south Bozeman over the decades: mid-century ranches, homes from the 80s and 90s, and more recent builds and remodels, all woven together on streets with genuine character. Peets Hill is literally at the doorstep — you can walk out and be on one of Bozeman’s most beloved trail systems without loading the car. Homes here have sold between $1.525M and $1.83M over the past two years.

Location: South Bozeman — MLS area 1SM. Chambers Drive, Knaab Drive area. On a gentle hillside

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: Peets Hill (at the doorstep), Main Street to the Mountains trail, Bozeman Health, MSU, downtown, Bozeman Public Library, I-90

Access notes: Excellent central south Bozeman location. I-90 access is easy — useful for commuters heading east or west.

Housing types: Single-family — mix of mid-century, 80s–90s, and more recent builds and remodels
HOA: No formal HOA — established neighborhood
Lot sizes: 8,791–10,290 sq ft and 0.64 acres — larger than typical in-town south Bozeman lots
Price range: Sold $1.525M–$1.83M; median sold $1.825M (2 years, 3 sales as of April 2026)
Home sizes: Typically 4-6BR/3-4BA, 3,627–4,922 sq ft — larger homes than you might expect

Peets Hill is Graf's 2nd Addition's defining feature — the trailhead is steps from the neighborhood, giving residents car-free access to one of Bozeman's most-used and most-loved trail systems year-round. The Main Street to the Mountains trail is also close. Gallatin Valley views from the hillside position are excellent. Bozeman Health, MSU, downtown, and the Bozeman Public Library are all within easy reach.

Graf's 2nd Addition tends to attract buyers who want an established, character-rich south Bozeman hillside location with Peets Hill at the doorstep, Gallatin Valley views, and larger-than-typical lots — at a price point that reflects the neighborhood's genuine desirability and central position. The mixed housing stock appeals to buyers who appreciate variety and character over uniformity.

- Peets Hill access is genuine — not "near Peets Hill" but literally at the doorstep. For buyers who use this trail daily (walking, running, skiing in winter), the location value is significant and hard to replicate anywhere else.

- Graf's 2nd Addition and Graf's 1st Addition are adjacent but separate plats with different price points and character. Graf's 2nd is higher-priced with hillside views; Graf's 1st is more modestly priced with flatter in-town character.

- No formal HOA — typical for the neighborhood's era. Understand what this means for neighborhood character.

- The mixed housing stock (mid-century to recent) means more variation in condition, systems, and quality than newer subdivisions. Individual property due diligence is important.

- 3 sales in 2 years with a median DOM of 29 days — healthy market velocity for a neighborhood at this price point.