$2,850,000
$145K PRICE DROP

45 Pheasant Ln Columbus, MT 59019

Estimated payment $15,884/month

Total Views 10,708
3 Beds
1.5 Baths
1,523 Sq Ft
$1,871 Price per Sq Ft

Highlights

  • River Access
  • Waterfront
  • No HOA
  • River View
  • 158 Acre Lot
  • 2 Car Detached Garage

About This Home

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.

Listing Agent

Ryan Bramlette

Fay Ranches License #RBS-78619 Listed on: 02/02/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1900

Lot Details

  • 158 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Detached Garage

Property Views

  • River
  • Farm
  • Creek or Stream
  • Mountain

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Shed
  • Outbuilding

Farming

  • Crops
  • Pasture

Utilities

  • Propane
  • Irrigation Water Rights
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Near a Preserve or Public Land

Listing and Financial Details

  • Assessor Parcel Number 1200236

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1900

Lot Details

158 Acres

Parking

2

Listing Details

  • Prop. Type: Farm
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1523.0

Exterior Features

  • Waterfront Features: River Access
  • Waterfront: Yes
  • View: Farmland, Mountain(s), River, Creek/Stream
  • View: Yes
  • Other Structures: Outbuilding, Shed(s), Storage
  • Road Surface Type: Gravel

Garage/Parking

  • Parking Features: Detached, Garage
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Adjacent To Public Land, Farm, Level, Pasture, Ranch
  • Lot Size Acres: 158.0
  • Lot Size Sq Ft: 6882480.0
  • Topography: Level
  • Parcel #: 1200236
  • Zoning Description: None/Unknown
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Annual Amount: 1908.39
  • Tax Year: 2025

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2026 07/29/26 Price Changed $2,850,000 -4.8% $1,871 / Sq Ft
02/02/2026 02/02/26 For Sale $2,995,000 -- $1,967 / Sq Ft
Source: Big Sky Country MLS

Source: Big Sky Country MLS

MLS Number: 411989

Big Sky Country MLS
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