Where crystal-clear trout streams converge beneath the dramatic peaks of Montana’s Beartooth Mountains, Two Rivers Lodge presents an extraordinary opportunity to own one of the region’s most iconic riverfront properties. Situated on 12± acres at the confluence of the Stillwater River and the West Fork of the Stillwater, the estate offers an unmatched combination of world-class fly fishing, breathtaking scenery, and exceptional privacy. Renowned for healthy populations of brown, brook, rainbow, and native Yellowstone cutthroat trout, these blue-ribbon waters flow directly through a setting designed for recreation and relaxation. Located in the small community of Nye, Montana, just 25± miles from Absarokee and a little over an hour from Billings and its commercial airport, the property balances seclusion with convenient accessibility. Currently operating as Two Rivers Lodge and Events, the estate could continue as a successful hospitality venture or transition seamlessly into a private family compound or corporate retreat. Improvements include a 4,235-square-foot main lodge, two beautifully appointed guest cabins, and an event barn featuring a spacious one-bedroom, two-bathroom apartment with a full kitchen. Additional amenities include a storage barn, workshop, shed, greenhouse, and established garden area. Offered fully furnished and turn-key, Two Rivers Lodge is ready to be enjoyed from day one.
For sale
Price increase: $260K (6/10)
$3,250,000
1982 Nye Rd, Nye, MT 59061
3beds
4,235sqft
Single Family Residence
Built in 1978
12.27 Acres Lot
$-- Zestimate®
$767/sqft
$-- HOA
What's special
Storage barnBreathtaking sceneryEstablished garden area
- 2 days |
- 230 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Branif Scott 406-579-9599,
Fay Ranches
Source: Big Sky Country MLS,MLS#: 411193Originating MLS: Big Sky Country MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Three Quarter Bath, Bonus Room, Dining Room, Kitchen, Loft, Living Room, Family Room
Bedroom
- Level: Main
Bonus room
- Level: Upper
Dining room
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Other
- Level: Upper
Heating
- Baseboard, Electric, Forced Air, Propane, Wood
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator, Some Gas Appliances, Stove
Features
- Fireplace, Vaulted Ceiling(s), Wood Burning Stove
- Flooring: Engineered Hardwood, Partially Carpeted
- Basement: Garage Access,Kitchen,Rec/Family Area,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Gas, Wood Burning Stove
Interior area
- Total structure area: 4,235
- Total interior livable area: 4,235 sqft
- Finished area above ground: 2,891
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Basement, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Gravel Driveway, Landscaping
- Fencing: Partial
- Has view: Yes
- View description: Farmland, Meadow, Mountain(s), Rural, River, Southern Exposure, Creek/Stream
- Has water view: Yes
- Water view: River,Creek/Stream
- Waterfront features: Creek, River Front, River Access, Stream
Lot
- Size: 12.27 Acres
- Features: Adjacent To Public Land, Landscaped
Details
- Additional structures: Guest House, Shed(s), Workshop
- Parcel number: 0004140097
- Zoning description: None/Unknown
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Tri-Level
- Property subtype: Single Family Residence
Materials
- Log
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Propane, Phone Available, Septic Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Nye
Financial & listing details
- Price per square foot: $767/sqft
- Annual tax amount: $5,482
- Date on market: 6/10/2026
- Cumulative days on market: 4 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Ownership: Full
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $3,250,000+8.7%$767/sqft |
Source: Big Sky Country MLS #411193 Report a problem | ||
| 4/8/2025 | Listed for sale | $2,990,000-8%$706/sqft |
Source:  BMTMLS #351879 Report a problem | ||
| 8/24/2024 | Listing removed | -- |
Source: BMTMLS #347085 Report a problem | ||
| 6/30/2024 | Listed for sale | $3,250,000-13.2%$767/sqft |
Source: BMTMLS #347085 Report a problem | ||
| 6/19/2023 | Listing removed | -- |
Source: BMTMLS #339180 Report a problem | ||
| 4/22/2023 | Listed for sale | $3,744,000+24.8%$884/sqft |
Source: BMTMLS #339180 Report a problem | ||
| 8/29/2022 | Listing removed | -- |
Source: BMTMLS #329290 Report a problem | ||
| 8/9/2022 | Price change | $2,999,999-14.2%$708/sqft |
Source: BMTMLS #329290 Report a problem | ||
| 5/5/2022 | Listed for sale | $3,495,000+7.5%$825/sqft |
Source: BMTMLS #329290 Report a problem | ||
| 6/7/2021 | Listing removed | -- |
Source: BMTMLS #317756 Report a problem | ||
| 5/12/2021 | Price change | $3,250,000-11%$767/sqft |
Source: BMTMLS #317756 Report a problem | ||
| 4/25/2021 | Listed for sale | $3,650,000+4.3%$862/sqft |
Source: BMTMLS #317756 Report a problem | ||
| 12/12/2020 | Listing removed | $3,500,000$826/sqft |
Source: Two Rivers Realty Team #311090 Report a problem | ||
| 8/30/2020 | Listed for sale | $3,500,000$826/sqft |
Source: Two Rivers Realty Team #311090 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 59061
Nearby schools
GreatSchools rating
- NANye SchoolGrades: PK-6Distance: 0.1 mi
- 6/10Absarokee High SchoolGrades: 9-12Distance: 17.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Montana
- Stillwater County
- Fishtail
- 59061
- 1982 Nye Rd
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