2155 Craig River Rd #2, Wolf Creek, MT, 59648
About This Home
Quietly perched on the bluffs overlooking the pristine Upper Missouri River, this prime river-view location includes two distinct and separate parcels with County maintained access. Both parcels provide unique commercial (and/or residential) development opportunities 3 miles from the busy fly fishing town of Craig. Lot 1 (2155 Craig River Road): Lookout Lodge is located on this 1.29 Acre lot. The two-level facility was designed and constructed to meet Montana Tourist Home Codes. It yields steady rental income for its owners and fond memories to its fly fishing guests. Accommodates up to 6 guests comfortably: 2 bedrooms, 2 full bathrooms, full kitchen, dining area, wet bar and laundry room The existing facility may be used commercially or residentially. Up to 3 more single family rental facilities may be built on the lot with health department approval. Lot 2 (2159 Craig River Road): Vacant 1.69 Acre lot adjacent to Lot 1. Approved for a 3,000 square foot, 4-bedroom commercial lodge. Underground electricity at the roadside. Approved well and septic system. No road impact fees. Location. Location. Location. Enjoy the casual historic passageway that connected the stagecoach with the train back in 1888. After you meander a few miles on Craig River Road and take in the views, you'll see why the owners named the property Lookout Lodge. Truly a unique, one-time opportunity. Most of the surrounding land has been placed in a conservation easement ensuring your enjoyment, privacy and natural protected views. Ready for your consideration now. If you think it's time to get a foothold into prime Missouri River Real Estate, please call Steve Gillespie (Listing Agent).
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 2003
Materials
- Roof: Asphalt
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Microwave,Oven,Washer
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Bedrooms(1),Bathrooms(1)
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Laminate,Tile
- Finished area above ground: 1,823
Heating & Cooling
- Heating features: Propane,Forced Air,Zoned
- Cooling features: Central,Zoned
Interior Area
- Total structure area: 1,823
Kitchen
- Features: Open
Property
Accessibility
- Accessibility features: Handicap
Details
- Parcel number: 0000015122
- Lease amount: 0
Features
- Stories: 2
- Patio & porch: Patio,Covered Porch,Open Porch,Deck
- Fencing: Fenced
- Has view: Yes
- View description: Mountain,River,Scenic
- Has water view: Yes
- Water view: River
- Waterfront features: Access
- Waterbody name: Missouri River
Lot
- Lot size: 2.98 Acres
- Features: Trees
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Inland Flooding
- Landslide
- Wildfire
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Lewis and Clark County and Montana
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,053 | $84,636 |
| Home Insurance | $590 | $7,080 |
| Property Taxes | $848 | $10,176 |
| Electricity | $151 | $1,812 |
| Total | $8,642 | $103,704 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-14 | Listed for sale | $1,395,000 |
For Sale by Agent
View on Zillow