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45 Pheasant LaneColumbus, MT 59019

Stillwater County

$2,850,000List price
3Beds
1.5Baths
1900Year built
158.00Acre lot
2Garage
8 months agoOn market

Description

Stillwater Riffle Ranch is a rare offering along one of Montana’s most celebrated trout rivers, combining productive acreage, exceptional live water, and a highly accessible location just south of Columbus. Spanning approximately 158± acres, the ranch is anchored by roughly 1,600± feet of Stillwater River frontage forming its entire northern boundary, classic riffle water that supports healthy populations of rainbow and brown trout on a renowned blue-ribbon fishery. Beyond the river, the property features approximately 92± irrigable acres with water rights diverted from the Stillwater via the Roadhouse and Nichols Ditches, providing meaningful agricultural productivity and long-term upside. The balance of the land offers open ground, riparian habitat, and sweeping views that define this stretch of Stillwater Valley. Improvements include a comfortable, modest headquarters with a three-bedroom, 1.5-bath residence offering approximately 1,523± square feet. Originally built in 1900 and updated in 1980, the home enjoys expansive views of the Beartooth Mountains and is complemented by a detached garage. Classic ranch infrastructure rounds out the improvements, including a quintessential red barn, equipment shed, and additional storage buildings that support both agricultural and recreational use. Currently leased for production and grazing to a local rancher, Stillwater Riffle Ranch offers immediate operational continuity with flexibility for future ownership vision. With close proximity to Columbus, easy access to Red Lodge and Yellowstone Country, and under an hour to Billings and major air service, this is a scarce blend of Blue-Ribbon water, productive ground, and an easy-to-enjoy Montana basecamp.

Property Information

Property type
Farm
Sub-type
Single Family Residence
Style
Ranch
Year built
1900
Lot size
158.00 acres
Garage spaces
2
Days on market
246
MLS® Listing#
411989

Property Features

Appliances
Cooktop · Dryer · Refrigerator · Washer
Parking
Detached · Garage
Lot features
Level · Farm · Pasture · Waterfront
Other structures
Outbuilding · Shed(s) · Storage
Utilities
Electricity Available · Propane
Sewer
Septic Tank
Water source
Well

Financial Details

HOA
None
Annual taxes
$1,908Tax year 2025
Parcel number
1200236

Directions

From Columbus, go south on 78, take a right on Pheasant Lane.

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Connect with a Local Real Estate Expert

  • Juana Beede

    Franchisee, Broker of Record

    EXIT Realty Bozeman