Rainbow Homes for Sale

Welcome to Rainbow, a picturesque subdivision nestled in the heart of Bozeman, Montana. Known for its breathtaking views and vibrant community spirit, Rainbow offers an idyllic setting for those looking to embrace the beauty of the Gallatin Valley. With the majestic Rocky Mountains as your backdrop, this charming neighborhood is perfect for outdoor enthusiasts and families alike.

Rainbow boasts a diverse selection of homes for sale, catering to various tastes and budgets. Whether you’re seeking a cozy single-family residence or a modern, spacious home, you’ll find a range of options that reflect the unique character of the area. Many properties feature stunning architectural designs, open floor plans, and expansive outdoor spaces—ideal for entertaining or simply soaking in the stunning Montana sunsets.

The community is not only about beautiful homes; it’s also about lifestyle. Residents of Rainbow enjoy easy access to a plethora of recreational activities, including hiking, skiing, and fishing. The nearby Gallatin National Forest offers endless trails to explore, while the charming downtown Bozeman is just minutes away, providing a vibrant mix of dining, shopping, and cultural experiences.

Families will appreciate the excellent school system and the friendly, welcoming atmosphere that makes Rainbow feel like home. With a strong sense of community and a commitment to preserving the natural beauty of the area, Rainbow is more than just a place to live—it’s a place to thrive.

Discover your dream home in Rainbow today, and embrace the enchanting Montana lifestyle that awaits you!

Newest Rainbow Homes for Sale

$320,000

1 Beds ⋅ 1 Baths ⋅ 413447 MLS

No HOA. No covenants.Located just one block off Highway 191 in the rapidly growing Four Corners area, this 0.22 +/- acre property offers easy access, and exceptional potential. Whether you are looking for an investment property, live/work opportunity, future business location, or redevelopment project, this property offers flexibility in one of the Gallatin Valley's fastest-growing corridors. The existing 672 SF home has been used as a rental and features 1 bedroom with a walk-through closet, 1 full bathroom, and an open living room and kitchen layout. The home needs significant updating, including all appliances. Tenant has only used a washing machine, but there is space to accommodate a stacked washer and dryer. Home include an attached 2-car garage and an attached shop, providing excellent storage, workspace, or business flexibility. Recent improvements include a newer metal roof and a newer septic tank. It has its own well and single septic septic drainfield. Back yard is fully fenced. One of the property's biggest advantages is its future utility potential. Water and sewer lines from the Four Corners Water & Sewer District are nearby. Buyers have the opportunity to petition for annexation into the district and connect to public water and sewer, a process that typically takes about 90 days. Estimated connection costs are approximately $22,000, plus the cost of extending service lines from the property to the district connection point. Buyer to verify all costs, availability, timelines, zoning, permitted uses, and all annexation requirements. Whether you renovate the existing home, remove it and build new, or explore commercial or redevelopment opportunities, this property offers exceptional flexibility in one of the Gallatin Valley's most desirable growth areas.

13 Central, Bozeman

$793,000

3 Beds ⋅ 2 Baths ⋅ 412863 MLS

Tucked away on approximately one acre just outside of Bozeman, this inviting single-level ranch offers the perfect blend of privacy, convenience, and Montana living. Cross your own picturesque creek as you arrive home, creating a memorable entrance that immediately sets this property apart. Inside, vaulted ceilings and an open-concept layout create a bright, welcoming space designed for everyday living and effortless entertaining. The spacious primary suite features a walk-in closet, while radiant floor heat keeps the home comfortable throughout the seasons. Fresh exterior paint adds to the home's curb appeal, making it move-in ready. Step outside to enjoy everything this property has to offer. A covered back patio provides the perfect place to gather with family and friends, while the expansive yard features underground sprinklers, a large garden area, greenhouse/chicken coop, shop, and plenty of room for hobbies, animals, or simply enjoying wide-open space. The location is hard to beat. Just minutes from the Gallatin River and Bozeman Hot Springs, with an easy drive to Big Sky, Bozeman, Belgrade, Yellowstone International Airport, Bridger Bowl, and Lone Peak. Whether your weekends include skiing, fishing, floating the river, hiking, or simply relaxing at home, this property places it all within easy reach. If you've been searching for a home that offers room to breathe without sacrificing convenience, 80455 Gallatin Road delivers the best of Montana living. Be sure to check out the YouTube video tour @ https://youtu.be/cLDE3OHcSsU

80455 Gallatin Road, Bozeman

$1,150,000

3 Beds ⋅ 3 Baths ⋅ 412663 MLS

Set on nearly an acre in Four Corners with exceptionally light covenants, this 2,052-sq ft craftsman blends comfortable living with outstanding outbuilding capacity. The great room is the true heart of the home, where soaring vaulted, knotty pine ceilings and exposed beams create a warm, light-filled gathering space and oversized windows frame views of the surrounding trees, bringing the outdoors in. The updated kitchen is a chef's dream, anchored by a Viking range and finished with Bianco Venatino quartz countertops and Deer Valley undermount sinks, offering a premium workspace for anyone who loves to cook. A well-appointed pantry with glass-door detailing rounds out the storage, keeping the kitchen as functional as it is beautiful. The main-floor owner's suite has been fully reimagined with an expanded bedroom, a spa-inspired bath featuring a Laguna Grande soaking tub, Dolomiti Bianco marble vanities, and a custom-fitted walk-in closet. A brand-new NHB 150 high-efficiency boiler (2025) keeps the home running efficiently, while a premium Kinetico water filtration and treatment system delivers superior water. Outside, the property is designed for work, recreation, and storage with a 25' x 40' pole barn featuring an attached 12' carport, two heated 30' x 30' shops with one 14-foot RV door and two 10-foot overhead doors, a 25' x 30' two-car garage with an attached workshop, and a separate 20-foot two-car carport. Backed by a documented maintenance history, this rare turnkey property offers warmth, craftsmanship, modern upgrades, and workspace in one unmatched package.

217 Lower Rainbow Road, Bozeman

$925,000

4 Beds ⋅ 2 Baths ⋅ 411489 MLS

Just south of Four Corners on Magenta Road, this nearly 1-acre property offers a rare opportunity to enjoy Montana living with space, convenience, and the Gallatin River just moments away. Set in one of the valley’s most desirable locations, the property sits less than 9 miles from both Bozeman and Belgrade, while Big Sky Resort is an easy drive south for world-class skiing, golf, hiking, and year-round adventure. Nearby public access to the Gallatin River places blue-ribbon fishing, floating, and recreation close to home without the maintenance of riverfront ownership. The 0.96± acre lot provides the freedom to create your ideal setup — gardens, outdoor entertaining spaces, a fire pit under the stars, additional storage, or simply room to enjoy wide-open Montana skies and privacy. Inside, the single-level ranch-style home features a practical and comfortable 4-bedroom, 2-bath floor plan designed for easy everyday living. No stairs, no wasted space — just a functional layout that fits a variety of lifestyles. This home has so many extras, 2 dedicated living rooms, a 5th (extra) room, and a lush yard that needs to be seen to be appreciated. The attached 2-car garage offers even more versatility with a large shop space in the back, ideal for projects, storage, outdoor gear, hobbies, or a dedicated workspace. The back covered porch is complete with grill, hood and gas line just perfect for entertaining. This is the kind of property that’s increasingly difficult to find in the Gallatin Valley — close to everything, yet with the space and character that make it feel a world apart.

3490 Magenta Road, Bozeman

$775,000

3 Beds ⋅ 2 Baths ⋅ 408777 MLS

Welcome to 108 Violet Rd, where thoughtful renovation meets Montana living on nearly an acre with sweeping mountain views. This beautifully updated home has undergone an extensive interior transformation featuring a fully remodeled kitchen and bathrooms, along with refreshed finishes throughout the entire interior that create a bright, modern, and inviting atmosphere. The redesigned kitchen offers clean contemporary styling, updated cabinetry, and an open layout that flows seamlessly into the living spaces, while expansive windows frame the surrounding landscape and bring the outdoors in. Outside, the property continues to impress with a spacious backyard shop offering exceptional flexibility for hobbies, storage, equipment, or workspace needs. Set on nearly one acre, the grounds provide room to spread out, entertain, garden, or simply enjoy the open Montana skies. With mountain views and a rare combination of updated interiors and usable outdoor space, this property delivers both comfort and lifestyle just minutes from downtown Bozeman.

108 Violet Road, Bozeman

Start Your Search

Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Terms of Use
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.