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For sale
  • $2,995,000

    45 Pheasant Ln, Columbus, MT 59019

    3beds
    --sqft
    : 
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    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
    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.
    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

        DateEventPrice
        6/8/2026Listed 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

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        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

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

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