TWO RIVERS LODGE
Nye, Montana
$3,250,000
12± Acres
INTRODUCTION
Where crystal-clear trout streams meet beneath the rugged peaks of the Beartooth Mountains, Two Rivers Lodge offers an unforgettable Montana experience. This stunning 12± acre estate occupies one of the most scenic locations in the state, where the Stillwater River and West Fork of the Stillwater join to create a haven for anglers, outdoor enthusiasts, and those seeking privacy in nature. Complete with multiple residences, a party barn, guest accommodations, and exceptional river frontage, the property is a rare blend of adventure, comfort, and Western elegance. The Stillwater River and West Fork of the Stillwater are renowned for their exceptional fly-fishing opportunities, offering healthy populations of brown, brook, rainbow, and native Yellowstone cutthroat trout. Despite its peaceful, secluded setting, Two Rivers Lodge offers convenient access, located in the community of Nye, Montana, and just 25± miles west of Absarokee. Billings, Montana’s largest city and commercial airport hub, is only a little over an hour away, while the vibrant mountain community of Bozeman can be reached in about two hours.
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Two Rivers Lodge | Nye, Montana
QUICK FACTS
• 12.27± deeded acres
• 0.25± miles of Stillwater River frontage and 0.1± miles of West Fork Stillwater River, with access through adjacent public lands
• Extensive frontage on two trout streams
• Elegant log lodge spanning over 4,200± square feet across three levels
• Two additional cabins: a two bedroom, two bathroom, and a one bedroom, one bathroom, all turnkey furnished
• Event barn with apartment includes glass garage doors and dramatic mountain views
• All dwellings are being sold furnished
• Featured on the Outdoor Channel’s filming of the Youngs & Property series
• Storage barn, greenhouse, garden, and outdoor kitchen on site
• Granite counters, wood floors, and travertine showers throughout
• Currently operating as Two Rivers Lodge & Events, income-producing from day one
• Ideal property for outdoor sporting enthusiasts seeking a private recreational opportunity
• 25± miles west of Absarokee, Montana, and less than 1± mile east of Nye, Montana
• About an hour from Red Lodge, Montana
• Billings, Montana’s largest city and home to a major commercial airport, is just about 80 miles away
• About two hours from Bozeman, Montana
Two Rivers Lodge | Nye, Montana
Situated in a rich ecological corridor, the 12± acres are positioned where two legendary rivers meet, offering extensive riparian frontage that frames the property on multiple sides. The land encompasses lush river bottom, mature timber, open meadows, and mountain views in every direction. The setting is both intimate and expansive, private enough for a true wilderness retreat, yet accessible via Nye Road and just a short drive from the amenities of the greater Stillwater Valley.
Two Rivers Lodge | Nye, Montana
Two Rivers Lodge | Nye, Montana
IMPROVEMENTS
The property’s centerpiece is an impressive three-story log lodge encompassing approximately 4,200± square feet of thoughtfully designed living space. Warm wood finishes, natural stone accents, and high-end materials create an inviting yet sophisticated atmosphere throughout. Multiple living and entertaining areas complement three bedrooms, two sleeping lofts, three baths, and dual kitchens designed to accommodate large gatherings. A massive stone fireplace anchors the great room, while picture windows and decks frame panoramic views of two rivers and surrounding mountain peaks. The expansive outdoor living spaces, including an outdoor kitchen, firepit, and riverside patio, round out the lodge’s entertainment amenities.
Complementing the main lodge are two additional guest cabins a two bedroom, two bathroom cabin and a one bedroom, one bathroom cabin; both thoughtfully appointed and move-in ready. The event barn, which includes a large one bedroom, one bathroom apartment with a full kitchen, is a showstopper in its own right, featuring glass garage doors that open to sweeping mountain vistas, making it an extraordinary venue for gatherings of all kinds. Additional structures include a storage barn, a shed, a shop, a greenhouse, and a garden area, giving the property a fully self-sufficient, working ranch feel.
Two Rivers Lodge | Nye, Montana
Two Rivers Lodge | Nye, Montana
Two Rivers Lodge | Nye, Montana
RECREATION WILDLIFE
The riparian setting along two blue-ribbon river corridors creates exceptional wildlife habitat. The dense cottonwood and willow corridors along the riverbanks provide prime cover and food sources for whitetail deer, elk, moose, and a wide variety of waterfowl. The confluence of two rivers acts as a natural wildlife magnet, and the property’s 12± acres serve as a private sanctuary within this greater ecosystem. Whether watching wildlife from the lodge decks or exploring the riverbanks on foot, encounters with Montana’s wild inhabitants are a daily occurrence.
FISHING
For the fly-fishing enthusiast, this property is nothing short of extraordinary. Sitting at the junction of the Stillwater River and the West Fork of the Stillwater, both designated Blue Ribbon trout streams, the estate offers some of the finest fishing access in all of Montana. Step off the porch and into worldclass dry fly and nymph fishing for wild trout. The combination of two distinct river personalities, from the freestone riffles of the West Fork to the deeper pools of the main Stillwater, provides varied and exciting angling throughout the season.
STILLWATER RIVER
The property’s 0.2± miles of Stillwater River frontage represent one of its most valuable and distinctive assets. This celebrated trout stream is widely regarded for its excellent fishing, stunning scenery, and diverse aquatic habitat. Anglers can pursue rainbow, brown, brook, and native cutthroat trout in clear, fast-flowing waters that provide productive fishing throughout much of the year. Combined with breathtaking views of the Beartooth Mountains, the river creates an unparalleled recreational amenity right outside the lodge’s doorstep.
WEST FORK STILLWATER RIVER
The West Fork of the Stillwater River winds through the eastern boundary of the property, adding another exceptional recreational amenity to this remarkable property. Emerging from the rugged wilderness of the Beartooth Mountains, the river offers cold, clear water, abundant trout habitat, and a peaceful atmosphere rarely found in today’s crowded fisheries. Anglers can expect to encounter brook, cutthroat, and rainbow trout, especially in the upper reaches. Access can be challenging, as much of the river flows through private property. The river’s pocket water and riffles provide ideal habitats for these species. Whether casting to native cutthroat in pocket water or exploring secluded stretches of riverbank, owners and guests can enjoy a truly intimate connection with Montana’s legendary trout waters.
Trout fishing opportunities extend well beyond the ranch, with the East and West Rosebud Rivers, Rock Creek, and the Yellowstone River all located nearby and known for their productive waters.
Rivers Lodge | Nye, Montana
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HUNTING
Located within Montana’s Hunting District 525, Two Rivers Lodge offers exceptional opportunities for both wildlife enthusiasts and sportsmen. The property’s river corridors, expansive habitat, and proximity to vast public lands support healthy populations of whitetail deer, elk, black bear, and mountain lion. Waterfowl are frequently observed along the Stillwater River, while bald eagles regularly patrol the skies and nest in the mature cottonwoods that line the riverbanks. Combined with over-the-counter deer and elk hunting opportunities and the region’s relatively light hunting pressure, the property serves as an outstanding base camp for year-round outdoor recreation. This region is known for low hunting pressure and scenic seclusion. Riverfront access, diverse terrain, and healthy wildlife populations make Two Rivers Lodge a standout destination for hunters and nature lovers alike.
OTHER RECREATION
Beyond fishing, the greater Nye and Stillwater Valley area offers a full spectrum of outdoor pursuits. The property’s proximity to the Custer Gallatin National Forest opens the door to endless hiking, horseback riding, and big game hunting opportunities. The West Fork corridor is a gateway to remote backcountry terrain ideal for pack trips and wilderness exploration. In winter, snowmobiling and cross-country skiing are popular pursuits in the surrounding mountains. The property itself has the infrastructure and space to accommodate horses, making it an ideal base for equestrian adventures as well. Ski enthusiasts will appreciate the ranch’s proximity to two of Montana’s most enjoyable ski areas. Red Lodge Mountain, just an hour away, offers a down-to-earth, family-friendly atmosphere with quality runs. Bridger Bowl Ski Area, about two hours and 20± minutes from the ranch, features deep snow and some of the best value skiing in the Rockies.
17 Two Rivers Lodge | Nye, Montana
LOCATION
NYE
Nye, Montana, is a small, picturesque town at the edge of the Absaroka-Beartooth Wilderness. Known for its rugged natural beauty and tranquil setting, Nye offers limited but essential amenities, including a post office, community church, and local gathering spots. While the town maintains a quiet, rural charm, additional services such as grocery stores, dining, and healthcare are available in nearby Columbus, just 45± minutes away. Nye serves as a peaceful retreat with easy access to outdoor recreation, including hiking, fishing, and hunting in the surrounding wilderness.
ABSAROKEE
Absarokee, Montana, is a charming small town located approximately 25± miles from the ranch. Absarokee offers essential amenities, including a medical clinic, dining options, local shops, lodging, and community events. The town’s rich history and scenic surroundings make it a welcoming stop for both residents and visitors seeking a blend of rural tranquility and recreational opportunities.
BILLINGS
Billings, Montana, approximately 80 miles from the property, is the state’s largest city and offers a blend of urban amenities and natural beauty. As a regional hub, it provides comprehensive services, including top-tier healthcare facilities like Billings Clinic and St. Vincent Regional Hospital, both recognized for their advanced medical care. The city boasts a vibrant cultural scene with attractions such as the Yellowstone Art Museum, Moss Mansion, and the Alberta Bair Theater, which hosts a variety of performances throughout the year.
AIRPORT SERVICES
Woltermann Memorial Airport near Columbus, Montana, is about a 45-minute drive from the ranch and offers a paved runway measuring 3,800 by 75 feet, suitable for most private and light business aircraft. About an hour away, the Red Lodge Airport supports most private and light business aircraft with its paved 4,000 x 75 foot runway, offering convenient regional access for aviators.
Billings Logan International Airport is about 80± miles from the ranch and provides commercial air service via several major airlines, with a wide range of direct flight options to regional and national destinations.
Two Rivers Lodge | Nye, Montana
Two Rivers Lodge | Nye, Montana
MINERAL RIGHTS
All mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing. Mineral rights are not guaranteed. It is suggested that the buyer conduct a mineral search with a title company.
CONSERVATION | STEWARDSHIP
Each of us at Fay Ranches loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay Ranches has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay Ranches is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape.
22 www.fayranches.com | 800.238.8616 | info@fayranches.com
WATER RIGHTS
Montana waters, in all their varied forms and locations, belong to the State for the benefit of its people. A water right is the right to use the water within state-established guidelines, and not any ownership of the water itself. Since water rights in Montana are guided by the prior appropriation doctrine, a person’s right to use a specific quantity of water depends on when the use of water began, establishing the relative priority date of use on the water source. The first person to use water from a source established the first right, the second person could establish a right to the water that was left, and so on. Additionally, water users are limited to the amount of water that can be beneficially used. Beneficial use includes, but is not limited to, agricultural, recreational, fish, wildlife and domestic purposes.
Montana is currently conducting a statewide adjudication of all water rights with priority dates prior to July 1, 1973. The statewide adjudication is a court process that prioritizes and quantifies all existing water rights in each Montana drainage basin. With 85 basins in Montana, and over 219,000 water right claims, the statewide adjudication is a massive undertaking that is expected to stretch well into the future. Until the adjudication process is complete, the status of any particular water right claim cannot be guaranteed. Fay Ranches, Inc., its brokers and salespersons do not warrant or make any representation concerning the quantity or quality of any water rights, nor any legal entitlement to use of water rights, permits to appropriate water, exempt existing rights, determination of existing water rights, nor any ditches, ditch rights, or ditch easements appurtenant to or constituting a burden on the property. Water rights claims appurtenant to the property may or may not have been fully or finally adjudicated, and any buyer is advised to make any offer to purchase contingent upon and subject to such independent inspections, evaluations, and advice concerning the water rights and adjudication process as a buyer might deem prudent. All buyers should be aware that Fay Ranches, Inc., its brokers and salespersons involved in this offering have not conducted an expert inspection or analysis of the water rights for this property.
Two Rivers Lodge | Nye, Montana
Two Rivers Lodge represents a truly rare opportunity to acquire one of Montana’s premier riverfront estates. Combining exceptional frontage on both the Stillwater River and West Fork of the Stillwater, luxurious accommodations, event facilities, and extraordinary natural beauty, the property offers a lifestyle few can match. Whether envisioned as a legacy family retreat, corporate sanctuary, or private sporting estate, Two Rivers Lodge is a place where memories, traditions, and experiences will endure for generations. Located just 25± minutes from Absarokee, Montana, 20± minutes from Fishtail, Montana, and 45± minutes from Columbus, Montana, the ranch combines seclusion with practical convenience.
Two Rivers Lodge | Nye, Montana
Please contact Branif Scott at (406) 579-9599 | bscott@fayranches. com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches, Inc. must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties we have listed, please visit our web page at www.fayranches.com.
$3,250,000 Cash
Conventional Financing 1031 Exchange
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.
RELATIONSHIPS IN REAL ESTATE
As required by Montana law, a broker or salesperson shall disclose the existence and nature of relevant agency or other relationships to the parties to a real estate transaction. The various relationships and description of duties are as follows:
1. SELLER AGENT
A “Seller Agent” is obligated to the Seller to:
Act solely in the best interests of the seller; Obey promptly and efficiently all lawful instructions of the seller; Disclose all relevant and material information that concerns the real estate transaction and that is known to the seller agent and not known or discoverable by the seller unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the seller agent; Safeguard the seller’s confidences; Exercise reasonable care, skill, and diligence in pursuing the seller’s objectives and in complying with the terms established in the listing agreement; Fully account to the seller for any funds or property of the seller that comes into the seller agent’s possession; and Comply with all applicable federal and state laws, rules, and regulations. Montana law permits a real estate agent, after providing written disclosure to a seller and obtaining a seller’s written consent, to represent multiple sellers of property and to list properties for sale that may compete with the seller’s property, without breaching any obligation to the seller.
A “Seller Agent” is obligated to the Buyer to:
Disclose to a buyer or the buyer agent any adverse material facts that concern the property and that are known to the seller agent, except that the seller agent is not required to inspect the property or verify any statements made by the seller; Disclose to a buyer or the buyer agent when the seller agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a buyer and a buyer agent; and Comply with all applicable federal and state laws, rules, and regulations.
2. BUYER AGENT
(cont)
A “Buyer Agent” is obligated to the Seller to:
Disclose any adverse material facts that are known to the buyer agent and that concern the ability of the buyer to perform on any purchase offer; Disclose to the seller or the seller agent when the buyer agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a seller and a seller agent; and Comply with all applicable federal and state laws, rules and regulations.
3. DUAL AGENCY If a seller agent is also representing a buyer, or a buyer agent is also representing a seller with regard to a property, then a dual agency relationship may be established. In a dual agency relationship, the dual agent is equally obligated to both the seller and the buyer. These obligations may prohibit the dual agent from advocating exclusively on behalf of the seller or buyer and may limit the depth and degree of representation that you receive. A broker or a salesperson may not act as a dual agent without the signed, written consent of both the seller and the buyer.
A “Dual Agent” is obligated to a Seller in the same manner as a seller agent and is obligated to a Buyer in the same manner as a buyer
agent, except a dual agent:
Has a duty to disclose to a buyer or seller any adverse material facts that are known to the dual agent regardless of any confidentiality considerations; and May not disclose the following information without the written consent of the person to whom the information is confidential; The fact that the buyer is willing to pay more than the offered purchase price; The fact that the seller is willing to accept less than the purchase price that the seller is asking for the property; Factors motivating either party to buy or sell; and Any information that a party indicates in writing to the dual agent is to be kept confidential.
4. STATUTORY BROKER
A “Statutory Broker” is not the agent of the Buyer or Seller but nevertheless is obligated to them to:
Disclose to: i. a buyer or buyer agent any adverse material facts that concern the property and that are known to the statutory broker, except that the statutory broker is not required to inspect the property or verify any statements made by the seller; and ii. a seller or a seller agent any adverse material facts that are known to the statutory broker and that concern the ability of the buyer to perform on any purchase offer; Exercise reasonable care, skill, and diligence in putting together a real estate transaction, and Comply with all applicable federal and state laws, rules and regulations.
5. IN-HOUSE SELLER AGENT DESIGNATE
Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house seller agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a seller for a designated transaction and who may not be considered to be acting for other than the seller with respect to the designated transaction.
6. IN-HOUSE BUYER AGENT DESIGNATE
Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house buyer agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a buyer for a designated transaction and who may not be considered to be acting for other than the buyer with respect to the designated transaction.
BUYER AGENT
A “Buyer Agent” is obligated to the Buyer to: Act solely in the best interests of the buyer; Obey promptly and efficiently all lawful instructions of the buyer; Disclose all relevant and material information that concerns the real estate transaction and that is known to the buyer agent and not known or discoverable by the buyer, unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the buyer agent; Safeguard the buyer’s confidences; Exercise reasonable care, skill, and diligence in pursuing the buyer’s objectives and in complying with the terms established in the listing agreement; Fully account to the buyer for any funds or property of the buyer that comes into the buyer agent’s possession; and Comply with all applicable federal and state laws, rules and regulations.
Montana law permits a real estate agent, after providing written disclosure to a buyer and obtaining a buyer’s written consent, to represent multiple buyers interested in buying the same property or similar properties to properties in which a buyer is interested and to show properties in which a buyer is interested to other prospective buyers, without breaching any obligation to the buyer.
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