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For sale
    • Price increase: $260K (6/10)
    $3,250,000

    1982 Nye Rd, Nye, MT 59061

    3beds
    4,235sqft
    : 
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    Single Family Residence
    Built in 1978
    12.27 Acres Lot
    $-- Zestimate®
    $767/sqft
    $-- HOA

    What's special

    Storage barnBreathtaking sceneryEstablished garden area
    Where crystal-clear trout streams converge beneath the dramatic peaks of Montana’s Beartooth Mountains, Two Rivers Lodge presents an extraordinary opportunity to own one of the region’s most iconic riverfront properties. Situated on 12± acres at the confluence of the Stillwater River and the West Fork of the Stillwater, the estate offers an unmatched combination of world-class fly fishing, breathtaking scenery, and exceptional privacy. Renowned for healthy populations of brown, brook, rainbow, and native Yellowstone cutthroat trout, these blue-ribbon waters flow directly through a setting designed for recreation and relaxation. Located in the small community of Nye, Montana, just 25± miles from Absarokee and a little over an hour from Billings and its commercial airport, the property balances seclusion with convenient accessibility. Currently operating as Two Rivers Lodge and Events, the estate could continue as a successful hospitality venture or transition seamlessly into a private family compound or corporate retreat. Improvements include a 4,235-square-foot main lodge, two beautifully appointed guest cabins, and an event barn featuring a spacious one-bedroom, two-bathroom apartment with a full kitchen. Additional amenities include a storage barn, workshop, shed, greenhouse, and established garden area. Offered fully furnished and turn-key, Two Rivers Lodge is ready to be enjoyed from day one.
    38 days
    |
    367
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Branif Scott 406-579-9599,

    Fay Ranches

    Source: Big Sky Country MLS,MLS#: 411193Originating MLS: Big Sky Country MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Rooms
      • Room types: Three Quarter Bath, Bonus Room, Dining Room, Kitchen, Loft, Living Room, Family Room
      Bedroom
      • Level: Main
      Bonus room
      • Level: Upper
      Dining room
      • Level: Main
      Other
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Loft
      • Level: Upper
      Other
      • Level: Upper
      Heating
      • Baseboard, Electric, Forced Air, Propane, Wood
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Range, Refrigerator, Some Gas Appliances, Stove
      Features
      • Fireplace, Vaulted Ceiling(s), Wood Burning Stove
      • Flooring: Engineered Hardwood, Partially Carpeted
      • Basement: Garage Access,Kitchen,Rec/Family Area,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Gas, Wood Burning Stove
      Interior area
      • Total structure area: 4,235
      • Total interior livable area: 4,235 sqft
      • Finished area above ground: 2,891

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Basement, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      • Stories: 1
      • Patio & porch: Covered, Deck, Porch
      • Exterior features: Gravel Driveway, Landscaping
      • Fencing: Partial
      • Has view: Yes
      • View description: Farmland, Meadow, Mountain(s), Rural, River, Southern Exposure, Creek/Stream
      • Has water view: Yes
      • Water view: River,Creek/Stream
      • Waterfront features: Creek, River Front, River Access, Stream
      Lot
      • Size: 12.27 Acres
      • Features: Adjacent To Public Land, Landscaped
      Details
      • Additional structures: Guest House, Shed(s), Workshop
      • Parcel number: 0004140097
      • Zoning description: None/Unknown
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Tri-Level
      • Property subtype: Single Family Residence
      Materials
      • Log
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1978

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Propane, Phone Available, Septic Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Nye

      Financial & listing details

      • Price per square foot: $767/sqft
      • Annual tax amount: $5,482
      • Date on market: 6/10/2026
      • Cumulative days on market: 40 days
      • Listing terms: Cash,1031 Exchange,3rd Party Financing
      • Ownership: Full
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/10/2026Price change$3,250,000+8.7%$767/sqft
        Source: Big Sky Country MLS #411193 Report a problem
        4/8/2025Listed for sale$2,990,000-8%$706/sqft
        Source: BMTMLS #351879 Report a problem
        8/24/2024Listing removed--
        Source: BMTMLS #347085 Report a problem
        6/30/2024Listed for sale$3,250,000-13.2%$767/sqft
        Source: BMTMLS #347085 Report a problem
        6/19/2023Listing removed--
        Source: BMTMLS #339180 Report a problem
        4/22/2023Listed for sale$3,744,000+24.8%$884/sqft
        Source: BMTMLS #339180 Report a problem
        8/29/2022Listing removed--
        Source: BMTMLS #329290 Report a problem
        8/9/2022Price change$2,999,999-14.2%$708/sqft
        Source: BMTMLS #329290 Report a problem
        5/5/2022Listed for sale$3,495,000+7.5%$825/sqft
        Source: BMTMLS #329290 Report a problem
        6/7/2021Listing removed--
        Source: BMTMLS #317756 Report a problem
        5/12/2021Price change$3,250,000-11%$767/sqft
        Source: BMTMLS #317756 Report a problem
        4/25/2021Listed for sale$3,650,000+4.3%$862/sqft
        Source: BMTMLS #317756 Report a problem
        12/12/2020Listing removed$3,500,000$826/sqft
        Source: Two Rivers Realty Team #311090 Report a problem
        8/30/2020Listed for sale$3,500,000$826/sqft
        Source: Two Rivers Realty Team #311090 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

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        Payment breakdown

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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: 59061

        Getting around

        3 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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