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$429,000
4 Beds ⋅ 2 Baths ⋅ 361533 MLS
Montana living with room to breathe! Wide-open views, more than an acre of land, and the kind of privacy that makes Montana living so appealing. Located in Shepherd and approximately 20 minutes from Billings. This 4-bedroom, 2-bath home delivers space both inside and out with a versatile floor plan featuring two generous living areas. From the large picture window, take in sweeping views of the surrounding landscape— scenery that make this property special. Enjoy the Montana lifestyle with a large lot, fenced yard, brand-new deck, and plenty of room. Updates include newer siding, newer roof, gutters, windows, French door, and asphalt driveway. The property is also equipped with an upgraded whole-house sediment filtration system and reverse osmosis system. Enjoy the tranquility of country living, and over an acre to call your own—all while keeping Billings within an easy drive.

6707 Brave Lookout, Shepherd

Listing courtesy of Hannah Reno from Keller Williams Yellowstone Pr
$389,000
3 Beds ⋅ 2 Baths ⋅ 360941 MLS
Beautiful and sunny open layout new construction 2025, cozy 3 bed/2 bath home, has all your needs and wants. Primary bed suite, copious amount of cabinets & an kitchen island for carefree entertaining with sliding doors to a covered patio. Views as far as the eyes can see. With over 1.5 acres plenty of privacy and fun. Both siding & shingles have been upgraded: siding is a SmartLap and the shingles on the roof are an Architectural 130 MPH Certainteed. Both items will uphold in extreme weather. Water lines are in for individual lot irrigation systems. There will be a small annual fee for those homes who wish to opt in. No tax information right now, as this is new construction both land and home. 1 year builders limited home warranty upon purchase & closing of home. Per C&R- No Horses

3507 High Noon, Shepherd

Listing courtesy of Robin Martell from Martell & Associates
$389,000
3 Beds ⋅ 2 Baths ⋅ 360940 MLS
Beautiful and sunny open layout new construction 2025, cozy 3 bed/2 bath home, has all your needs and wants. Primary bed suite, copious amount of cabinets & an kitchen island for carefree entertaining with sliding doors to a covered patio. Views as far as the eyes can see. With over 1.5 acres plenty of privacy and fun. Both siding & shingles have been upgraded: siding is a SmartLap and the shingles on the roof are an Architectural 130 MPH Certainteed. Both items will uphold in extreme weather. Water lines are in for individual lot irrigation systems. There will be a small annual fee for those homes who wish to opt in. No tax information right now, as this is new construction both land and home. 1 year builders limited home warranty upon purchase & closing of home. Per C&R- No Horses

3418 High Noon, Shepherd

Listing courtesy of Robin Martell from Martell & Associates
$130,000
360843 MLS
This property has 300-amp electrical, septic tank and drain field, and 2,000-gallon cistern already in place.

10550 Reno Lane, Shepherd

Listing courtesy of Karlene Lehfeldt from K Lehfeldt Real Estate
$480,000
4 Beds ⋅ 3 Baths ⋅ 360363 MLS
Enjoy the space and serenity of country living at 7851 Spear Drive in Shepherd! Situated on 1.24 acres, this spacious 2,964 sq. ft. home offers 4 bedrooms and 3 bathrooms with plenty of room for everyone. The functional floor plan provides multiple living spaces, making it ideal for entertaining, relaxing, or accommodating a growing family. Step outside and enjoy the peaceful setting, mature landscaping, and beautiful views while still being just a short drive from Billings. Whether you're looking for room to spread out, space for hobbies, or simply a place to enjoy Montana living, this property offers the perfect blend of comfort, privacy, and convenience. Don't miss your opportunity to make this country retreat your next home!

7851 Spear Drive, Shepherd

Listing courtesy of Chantal Hale from eXp Realty, LLC - Billings
$324,900
3 Beds ⋅ 2 Baths ⋅ 360181 MLS
Country living with the big-ticket updates already done! This FHA-approved home on a permanent foundation sits on a beautiful 1-acre lot and offers 1,456 sq. ft. of comfortable living space. Recent improvements include a new irrigation pump (2025), new roof and gutters (2025), and new asphalt driveway (2024). The second bathroom (not shown) is currently being remodeled and will be completed prior to closing. Enjoy the nearby pond, which can be used to help water the yard, plus a separate outbuilding for storage, hobbies, or a workshop. Well maintained and move-in ready, this property offers the space, privacy, and peaceful setting you've been looking for. Don't miss this opportunity to enjoy country living at its best!

2930 Shale Rock Drive, Shepherd

Listing courtesy of Julia Ragland from REAL Broker
$850,000
4 Beds ⋅ 3 Baths ⋅ 359491 MLS
Beautiful custom handcrafted home nestled in the trees! The home features a full wrap around porch with views in every direction. The open concept main floor is flooded with natural light, has vaulted ceilings & gas stove. Kitchen has ample storage, large island & raised dishwasher. Main floor primary suite & laundry. Fully finished walk out basement features 2 additional bedrooms with walk in closets. Upper floor bonus room with half bath could be a craft/hobby room, office space, play room, etc! HUGE shop/garage insulated and heated that can hold 8 cars (one is a tandem). Has a hoist that stays, half bath, storage! Lots of room to tinker! Property is on a well and septic. Must see to fully take in all the amenities! All info from 3rd party sources & deemed reliable. Info subject to change & not guaranteed or warranted. Buyer & buyer’s agent to verify all info.

5750 Pleasant Hollow Trail, Shepherd

Listing courtesy of Pat Schindele from Keller Williams Yellowstone Properties
$595,000
4 Beds ⋅ 3 Baths ⋅ 359197 MLS
Rural freedoms meet modern comfort and convenience in this farm style ranch property. No restrictions, natural springs, a variety of outbuildings, and mature landscaping leave plenty of options and potential of use for the outside from business to 4-H or homesteading- the possibilities are endless. Inside the house you will find an open yet cozy floor plan, large sunken living area, unique granite counters, custom stonework, a massive pantry complete with a standing freezer, a large mudroom/office off the garage, main floor laundry, and an expansive primary suite overlooking the creek valley. Then downstairs you can enjoy the large workout/jits room that could also be converted into another bedroom or other flexible potential, a private office, family room, 4th bedroom, a 3rd full bathroom, and walkout patio. Hot tub hookups, solar panels, and freedom all within 15 minutes of the airport

6447 Us Highway 312, Shepherd

Listing courtesy of Chantal Hale from eXp Realty, LLC - Billings
$1,200,000
4 Beds ⋅ 3 Baths ⋅ 358941 MLS
One-of-a-kind rural retreat on ±220 private acres in Musselshell County with sweeping views of the Beartooth, Crazy, Bull, and Snowy Mountain ranges. This homestead has been thoughtfully rebuilt and improved over 30 years. The main residence features hand-milled cabinetry, quartz countertops, 6-burner gas stove, double oven, Blaze King fireplace, and custom juniper built-ins. Loft bonus room walks out to Trex deck with hot tub. Infrastructure includes fiber optic internet, two operational wells, two 2,200-gal cisterns, propane generator. Outbuildings include a 40x80 Quonset shop, barn, attached 3-car garage with shop, detached garage, and a fully functional guest house — ideal for multi-generational living. Deer-proof garden, two greenhouses, corral with loading chute, fenced yard, and abundant wildlife including elk, deer, and turkey. Equipment available separately.

369 Border Trail, Shepherd

Listing courtesy of Alicia Donovan from Live Laugh Montana Real Estate
$550,000
3 Beds ⋅ 1 Baths ⋅ 30069334 MLS
Country living on 10 acres in Shepherd! This 3 bed, 1 bath home offers 1,814 sq ft with a functional layout, spacious living areas, and great natural light throughout. The property is fenced and provides plenty of room for animals, equipment, or future improvements. Enjoy wide open views, privacy, and the peaceful setting while still being a short drive to Billings and the Heights. A great opportunity to make it your own and enjoy Montana living. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.

5213 Shepherd Acton Road, Shepherd

Listing courtesy of Listing Agent: Shonna Ruble | shonna@shonnakeyteam.com from Listing Office: LPT Realty.
$550,000
3 Beds ⋅ 1 Baths ⋅ 358884 MLS
Country living on 10 acres in Shepherd! This 3 bed, 1 bath home offers 1,814 sq ft with a functional layout, spacious living areas, and great natural light throughout. The property is fenced and provides plenty of room for animals, equipment, or future improvements. Enjoy wide open views, privacy, and the peaceful setting while still being a short drive to Billings and the Heights. A great opportunity to make it your own and enjoy Montana living. Info deemed reliable but not guaranteed. Buyer/buyer agent to verify.

5213 Shepherd Acton Road, Shepherd

Listing courtesy of Shonna Ruble from LPT Realty
$76,500
357485 MLS
You can have a modular , or mfg house verify with county planning 406-657-8247. Lot is pretty level, cleared and mowed. Possible Barndominium - Trailer. There is a dirt road on this lot to get across the ditch. The ditch is on the lot, no irrigation water rights. You would need to apply for water rights. Good wells in area - some info attached. Check with DNRC. Lots of farm ground surrounds this property. Just a few miles W of the Yellowstone River. There are birds that come to the ditch often. Limited restrictions - see attached from 1963. No current buildings on property. Room for your home or shop. Buyer to verify all information.

0 Shepherd Road Lot 2 B Shepherd Road, Shepherd

Listing courtesy of Lorie Trump from Landmark of Billings, Inc.
$75,500
357480 MLS
You can have a modular or mfg home contact county planning 406-657-8247; Lot is appx .78 of a mile to the property on the right hand side when headed north. possible place for a Barndominium or trailer Level - cleared lot. Boarders Shepherd Road - going North to South. Ditch next to Shepherd Road - no irrigation rights. You would have to check to see if any water rights are available. Buyer must get permit to put in road across the ditch for access on this lot. Lot is level. Several wells in area - see attachments per dnrc. Limited restrictions see attachments. Nice views . Good farm ground surrounds this lot. Room for you406-657-8247 ew miles W of the Yellowstone River. Buyer verify all information

0 Shepherd Road Lot 2A Shepherd Road, Shepherd

Listing courtesy of Lorie Trump from Landmark of Billings, Inc.
$150,000
357300 MLS
Escape the city to your own 20.27 (+/-) acre Montana sanctuary! Located just 15 minutes from Billings with easy access via Highway 87, this affordable parcel offers the perfect blend of rural peace and city convenience. Enjoy breathtaking Big Sky views and fresh air on a lot that is already perimeter-fenced. This versatile land is ready for your vision—ideal for a custom-built home or potentially a manufactured/modular home (contact agent for specific details). The property is situated on a nicely paved road with power readily available at the street. While there is no existing well, water is typically delivered or hauled to your own installed cistern. Whether you are looking for space to grow or a quiet retreat, this wide open lot provides the freedom to create the lifestyle you desire. Don’t miss this opportunity to own a piece of Montana land at an exceptional price point!

9055 Doyle Road, Shepherd

Listing courtesy of Jeffrey Klaus from Meridian Real Estate LLC
$89,900
355181 MLS
80 acres of Montana grassland and sagebrush just 20 miles north of Billings where the deer and the antelope play. Only 2.5 miles east of the state highway, then south a half mile on an easement (not built); lots of potential for a private get away. Was homesteaded in 1920. Access is via Lindstrom Road and then a private easement, but buyer will need to do their own investigation and due diligence regarding the easement and access to property. Transmission power lines cross the adjoining northern 80 acres, but not this parcel. The 80 acre parcel to the north (MLS 349738) is also available. An easement crosses the northern 80 acres to provide access to this property. No known covenants, no zoning. Come enjoy some great views of Big Sky country where the deer and the antelope roam.

NHN Lindstrom Road, Shepherd

Listing courtesy of Dean Petty from Mountainlands of MT Realty
$89,900
349738 MLS
80 acres of Montana grassland and sagebrush just 20 miles north of Billings where the deer and the antelope play. Only 2.5 miles east of the state highway, lots of potential for a private get away. Was homesteaded in 1920. Access is via Lindstrom Road to the northern border of property, but buyer will need to do their own investigation and due diligence regarding the easement and access. Power line easement is in place for the Transmission lines that cross the northwest corner. 80 acres to the south is also available (MLS#3355181) and an easement across this property is being recorded to provide access to it. No known covenants, no zoning. Come enjoy some great views of Big Sky country where the deer and the antelope roam.

NHN Lindstrom Road, Shepherd

Listing courtesy of Dean Petty from Mountainlands of MT Realty

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.