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.
For sale
$2,995,000
45 Pheasant Ln, Columbus, MT 59019
3beds
--sqft
Farm, Single Family Residence
Built in 1900
158 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Detached garageOpen groundComfortable modest headquartersClassic ranch infrastructureQuintessential red barnExceptional live waterRiparian habitat
- 25 days |
- 768 |
- 45 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Bramlette 406-580-9569,
Fay Ranches
Source: Big Sky Country MLS,MLS#: 411989Originating MLS: Big Sky Country MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Appliances
- Included: Cooktop, Dryer, Refrigerator, Washer
Interior area
- Finished area above ground: 1,523
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Farmland, Mountain(s), River, Creek/Stream
- Has water view: Yes
- Water view: River,Creek/Stream
- Waterfront features: River Access
Lot
- Size: 158 Acres
- Features: Adjacent To Public Land, Farm, Level, Pasture, Ranch
- Topography: Level
- Residential vegetation: Crop(s)
Details
- Additional structures: Outbuilding, Shed(s), Storage
- Parcel number: 1200236
- Zoning description: None/Unknown
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm, Single Family Residence
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Propane, Septic Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Columbus
Financial & listing details
- Annual tax amount: $1,908
- Date on market: 6/8/2026
- Cumulative days on market: 152 days
- Listing terms: Cash,1031 Exchange,3rd Party Financing
- Has irrigation water rights: Yes
- 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 |
|---|---|---|
| 6/8/2026 | Listed for sale | $2,995,000 |
Source: Big Sky Country MLS #411989 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 59019
Nearby schools
GreatSchools rating
- 5/10Absarokee SchoolGrades: PK-5Distance: 4.2 mi
- 3/10Absarokee 6-8Grades: 6-8Distance: 4.2 mi
- 8/10Columbus High SchoolGrades: 9-12Distance: 8.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Montana
- Stillwater County
- Columbus
- 59019
- 45 Pheasant Ln




