45 Pheasant Lane
Columbus, MT 59019

ACTIVE
$2,995,000

Listing Courtesy of Ryan Bramlette, Fay Ranches

Listing #411989

3

Bedrooms

1 full / 1 half

Bathrooms

Single Family Residence

Type

About this property

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 features

Location Information

MLS Area

Other Montana Counties

Subdivision

Longitude

-109.377923

Latitude

45.54978

Directions

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

INTERIOR FEATURES

Interior

Square Feet

Bedrooms

3

Full / Half Baths

1 / 1

Heating

Half Baths

1

Cooling

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

1

View Description

Farmland,Mountain(s),River,Creek/Stream

Exterior

Parking Description

Detached,Garage

Garage Spaces

2

Lot Size in Acres

158

Water

Septic Tank

Zoning

None/Unknown

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1900

Roof/Attic

Property SubType

Single Family Residence

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2026-07-06 16:01:40 PM MT

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