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Land for Sale in Columbus, Montana

45 Pheasant Ln, Columbus, MT 59019

$2,995,000
158 acres
Active sale
ago
Est $21,667/mo

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. Classic ranch infrastructure, including a quintessential red barn, equipment shed, and additional storage buildings, rounds out this turnkey offering.

Location

Street address
45 Pheasant Ln
Zip code
59019
Elevation
3,868 feet
Coordinates
45.5536, -109.3796

Property details

Acreage
158 acres
Posted

Parcels

  • 32071521403010000

Listing history

DateEventPriceChangeSource
June 2, 2026New listing$2,995,000Listing agent
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This 158-acre property is located at 45 Pheasant Ln in Columbus, MT 59019. The property is available for sale for $2,995,000 with a price per acre of $18,956.

Listed by Fay Ranches, (800) 238-8616

Checked 2 hours agoUpdated Source

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