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5731 Shepherd Road, 
Shepherd, MT 59079

$650,000


3

Beds


2

Baths


1,620

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Ward Fenton

, 

Heather Pfancook

Fenton Enterprises

406-967-2850

Last updated:

October 2, 2026, 02:55 AM

MLS#

362162

Source:

MT BAR

About This Home

5731 Shepherd Road

Rare opportunity in Shepherd! Located just 8 miles east of Billings at the prominent corner of Hwy 312 and Shepherd Road. this 6.71 acre property offers both comfortable residiential living and significant future development potential. The one-level stucco home features 3 bedrooms, 2 bathrooms, an attached garage, and plenty of room to enjoy the acreage. The land is irrigated, partially fenced, and includes a seperate shed for additional storage. The property's highly visible corner location along two major routes creates an exciting opportunity for future commercial development, subject to applicable zoning and approvals. With acreage, highway frontage, and convenient proximity to Billings, this property offers a unique combination of residential use and potential long-term investment value. This property is two seperate parcels. The home and 3 acres is one and the 3.71 acres is second. The parcels can be purchased separately, but the owner will not sell the 3.71 acres until the home with 3 acres is sold. If purchasing separatley the home and 3 acres is priced at $460,000 and the 3.71 acres is priced at $190,000.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1973

Subdivision & Development:

N/A

Price Summary

650,000

$401 per Sq. Ft.

MLS #:

362162

Last Updated:

October 2, 2026, 02:55 AM

Added:

21 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,620 Sq. Ft.


Structure

Structure

Year Built:

1973


Lot

Lot Size (Sq. Ft):

292,287


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$401 per Sq. Ft.

Source:MT BAR
The information being provided by Billings Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Billings Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.