For sale

$2,150,000

876 acres

Nhn Tongue River RdAshland, MT 59003

Land and lots · MLS 11819079 · Listed 150 days ago (Jun 2, 2026)

Tongue River · River · Direct parcel frontage · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this land

876.28± Deeded Acres | Ashland, Montana Nestled along approximately 1.7 miles of the legendary Tongue River near Ashland, Montana, Tongue River Ranch represents a rare opportunity to own a highly diverse Montana property combining live water, productive agricultural acreage, exceptional wildlife habitat, and breathtaking river valley scenery. Encompassing 876.28± deeded acres, the ranch offers an outstanding blend of productive grazing land, irrigated acreage, hay production, and timbered river-bottom habitat. The property includes approximately 714.67± acres of grazing land, 90.58± acres of farm ground, 34.67± irrigated acres, and 36.35± acres of productive hay ground. The combination of native pasture, irrigated acreage, and fertile river-bottom soils provides a strong foundation for both livestock and agricultural operations. The centerpiece of the ranch is the Tongue River itself, winding through mature cottonwood bottoms and creating one of the most desirable wildlife corridors in southeastern Montana. Towering cottonwoods, dense riparian habitat, and year-round water support an abundance of wildlife throughout the property. Elk, mule deer, whitetail deer, pheasants, and numerous upland game birds frequent the ranch, benefiting from the combination of live water, agricultural production, and diverse habitat. The landscape transitions from productive river-bottom ground to rolling hills, pine-covered breaks, and elevated benches overlooking the Tongue River Valley. These scenic overlooks provide remarkable views while creating ideal cover and travel corridors for wildlife. The diversity of terrain offers a unique combination of ranching, recreation, hunting, and conservation value rarely found within a single property. Livestock improvements include working corrals suitable for cattle operations. An existing homesite is located on the ranch and offers a future owner the opportunity to create a custom residence overlooking the river valley and surrounding countryside. Located just south of Ashland, Montana, Tongue River Ranch benefits from convenient access while maintaining the privacy, seclusion, and natural beauty sought by today's ranch buyers. Positioned in a region known for its strong ranching heritage, abundant wildlife, and proximity to the recreational opportunities of southeastern Montana, this property offers exceptional versatility as a working ranch, hunting retreat, recreational getaway, or long-term land investment. Whether your vision includes operating a productive livestock operation, developing a premier hunting property, establishing a family legacy ranch, or investing in one of Montana's most desirable river corridors, Tongue River Ranch presents an increasingly rare opportunity to own significant Tongue River frontage with productive agricultural acreage and outstanding wildlife habitat. Property Highlights ● 876.28± deeded acres ● Approximately 1.7 miles of Tongue River frontage ● 714.67± acres of grazing land ● 90.58± acres of farm ground ● 34.67± irrigated acres ● 36.35± acres of hay ground ● Working livestock corrals ● Mature cottonwood river bottoms ● Pine-covered breaks and elevated ridges ● Excellent elk, mule deer, whitetail deer, pheasant, and upland bird habitat ● Scenic homesite potential ● Productive agricultural and livestock operation ● Convenient access near Ashland, Montana ● Exceptional recreational, hunting, and investment opportunity

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water type
River
Water body
Tongue River (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “River Front”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “land”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Tanner Anderson of United Country Northwest Realty & Auction.

Facts

List price
$2,150,000
Status
For sale
Property type
Land and lots
Lot size
876 acres
County
Rosebud County
MLS number
11819079

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Ashland.

Price and status history

    Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

    Estimate a monthly payment

    $430,000
    Illustrative. Replace with a quote from your lender.
    Estimate. Check the county assessor for the actual amount.
    Get a quote; rates vary widely by location.
    Manufactured homes on a leased lot.
    Applied only while the loan is over 80% of the price. Illustrative.

    Estimated monthly payment

    $13,292 per month

    Principal and interest$10,872
    Property tax$1,792
    Homeowners insurance$629
    Loan amount$1,720,000
    Total interest over the term$2,193,765

    An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

    Questions to ask before you buy

    Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

    1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
    2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
    3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
    4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
    5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
    6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
    7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
    8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
    9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

    Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

    Guides and next steps

    Listing courtesy of United Country Northwest Realty & Auction. Listing agent: Tanner Anderson. Co-listing agent: Wade Keller. Listings provided by MyStateMLS.

    Listing last updated by the brokerage Jul 29, 2026, 3:20 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 8:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.