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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.

• Bedrooms
  3
• Bathrooms
  2
• Acres
  158
• Days on Market
  138

Additional Features

• Above Grade Finished Area
  1523
• Appliances
  Cooktop, Dryer, Refrigerator, Washer
• Architectural Style
  Ranch
• Bathrooms Full
  1
• Bathrooms Half
  1
• Bathrooms Total Integer
  2
• Bedrooms Total
  3
• Building Area Source
  Listing Agent
• City
  Columbus
• Contract Status Change Date
  2026-02-02
• Cumulative Days On Market
  126
• Directions
  From Columbus, go south on 78, take a right on Pheasant Lane.
• Garage Spaces
  2
• Garage
  Yes
• Latitude
  45.549780
• Levels
  One
• Listing Contract Date
  2026-02-02
• Listing Key
  1173594630
• List Price
  2995000
• Living Area Source
  Listing Agent
• Longitude
  -109.377923
• Lot Features
  Adjacent To Public Land, Farm, Level, Pasture, Ranch
• Lot Size Acres
  158.00000
• Lot Size Square Feet
  6882480
• MLS Area Major
  Other Counties/ State
• MLS Area Minor
  12 M - Other Montana Counties
• MLS Status
  Active
• Original List Price
  2995000
• Originating System Name
  S W M T
• Other Structures
  Outbuilding, Sheds, Storage
• Parcel Number
  1200236
• Parking Features
  Detached, Garage
• Photos Count
  58
• Postal Code
  59019
• Property Sub Type
  Single Family Residence
• Property Type
  Farm
• Road Surface Type
  Gravel
• Sewer
  Septic Tank
• Standard Status
  Active
• Stories
  1
• Tax Annual Amount
  1908.39
• Tax Legal Description
  S21, T03 S, R19 E, C.O.S. 300802, Parcel 1. Exact Legal Description TBD by Title Company.
• Tax Year
  2025
• Unparsed Address
  45 Pheasant Lane
• Utilities
  Electricity Available, Propane, Septic Available
• View
  Farmland, Mountains, River, Creek Stream
• View
  Yes
• Waterfront Features
  River Access
• Water Source
  Well
• Year Built
  1900

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