RiverView Apartments

RiverView Apartments is a collaboration between Lone Mountain Land Company, Resort Tax, Big Sky Water & Sewer, and BSCHT to develop rental units off Lone Mountain Trail.

Four years after announcing its collaboration with Lone Mountain Land Company, BSCHT welcomed residents home to RiverView on September 10, 2024.

BSCHT partnered with BlueLine Development to construct and manage its portion of the RiverView, which consists of 25 apartments on the west end of the campus. BlueLine has tentatively leased all of BSCHT’s apartments but is still accepting backup applications. If interested in renting at RiverView, please review the Income Limits chart before applying. If you have questions about your application, please email riverview@blpmc.com.

BSCHT-RIVERVIEW RENT

BSCHT-RIVERVIEW INCOME LIMITS

LMLC-RIVERVIEW

Lone Mountain Land Company built its portion of the project with private funding only. Because of this, none of LMLC’s units need to meet the federal income guidelines outlined in the chart above.

LMLC – RIVERVIEW FOR INDIVIDUALS

If your household wants to rent a one-, two-, or three-bedroom apartment at RiverView but makes too much to qualify for BSCHT’s apartments, please complete the Individual Survey below. In the Spring of 2025, Lone Mountain Land Co. will lease its two apartment buildings on the west end of campus to households working in Big Sky. LMLC’s apartments will look similar to those in the photos and videos of BSCHT’s. LMLC has not set rental rates.

LMLC – RIVERVIEW FOR BUSINESSES

The three buildings on the east end of campus contain dorm-style suites with private bedrooms. Businesses may lease suites from LMLC as employee housing with occupation anticipated December 15, 2024. The four-bedroom suites will rent for $6,200 per month plus an estimated $550 in utilities. Each suite contains a kitchen, living area, two bathrooms, and a washer/dryer. Because the units are under construction, tours are not available yet.

One Campus, Two Developments

In 2021, the Housing Trust announced its collaboration with Lone Mountain Land Co. to build RiverView Apartments. Construction began in May 2023. Although LMLC and BSCHT shared some infrastructure costs, the two developments used different contractors and funding sources.

HOUSING TRUST
LONE MOUNTAIN LAND COMPANY
LONE MOUNTAIN LAND COMPANY
25 APARTMENTS
24 APARTMENTS
36 SHARED SUITES
1, 2, & 3 BEDROOMS
1, 2, & 3 BEDROOMS
4 & 8 BEDROOMS
Rents to individuals
Rents to individuals
Rents to businesses
$10.5 Million
$65 Million
$65 Million
June-July 2024
Fall 2024
Fall 2024
No short-term rentals
No short-term rentals
No short-term rentals
Tenants must income qualify
Tenants work in Big Sky
Tenants work in Big Sky
Rent around 30% of income
Rental rates TBD
Rental rates TBD
2 buildings campus west
2 buildings campus west
3 buildings campus east
Not available for purchase
Not available for purchase
Not available for purchase

RiverView Construction Timeline

Frequently Asked Questions

What is RiverView Apartments?

RiverView Apartments is a collaboration between Big Sky Community Housing Trust, Lone Mountain Land Company, Resort Tax, and Big Sky County Water and Sewer to build new apartments off Highway 64.

BSCHT's portion consists of 25 apartments in two buildings on the west end of the campus. Because it earned $6.49 million in federal funding for the project, BSCHT is subject to federal leasing requirements.

LMLC has two apartment buildings on the west end of campus and three dorm-style buildings on the east end. It used private funding to build its portion and is not subject to federal requirements.

When will RiverView be ready for occupancy?

BSCHT's portion of RiverView welcomed its residents in September 2024. LMLC anticipates leasing its dorm-style units before the 2024/2025 winter season starts. LMLC's apartments will open in early 2025.

How much will rent be in RiverView Apartments?

BSCHT's apartments will rent to households earning between 30% and 80% of the area's median income. Rates are set annually by the federal government and are approximately 30% of a household's income before taxes.

LMLC has not set its rental rates yet.

 

Can I purchase a RiverView Apartment?
No. RiverView Apartments are only for rent.
What is the rental process?

BSCHT has yet to establish the rental process because construction will not finish until June 2024. If you are an employer or employee interested in renting at RiverView, please join the RiverView Waitlist. The Housing Trust will provide more information in 2024.

Are pets permitted at RiverView Apartments?

BSCHT permits pets in its portion of RiverView. Registered ESA and service animals are allowed.

How many bedrooms are in each apartment?

The apartments are a mix of one-, two-, and three-bedrooms.

How many bedrooms and bathrooms are in each dorm?

LMLC’s RiverView dorms have two different floor plans. One will have eight single-occupancy bedrooms, and the other will have four single-occupancy bedrooms. There is one bathroom for every two bedrooms in LMLC’s dorms.

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