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$384,900
3 Beds 1 Baths 360715 MLS
Experience the best of country living just minutes from Billings in this beautifully updated zero-entry, one-level rancher situated on over an acre of land. This inviting home features an open-concept living space with luxury vinyl plank flooring, a modern kitchen with stainless steel appliances & dining area with a sliding glass door providing easy access to the backyard. Extensively renovated in 2024, this home has been thoughtfully updated to include new furnace, central A/C, water heater, electrical devices, plumbing, windows, garage door openers, water-softener, insulation, & sheetrock! In 2026 new hardboard siding, new roof, and new gutters were done, adding to its curb appeal and long-term value. Yard is privacy fenced and back pasture is fenced for horses with a loafing shed. This property offers the perfect combination of modern updates, comfort, and a little peace and quiet!

5524 Haynes Road, Shepherd

Listing courtesy of Kim Edinger from Meridian Real Estate LLC

$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

$550,000
3 Beds 3 Baths 359887 MLS
Welcome to 8340 Razor Creek Road, a versatile 3.5-acre irrigated ranchette priced at $550,000. This property has everything you need to pursue a country lifestyle, hobby farm or agricultural venture or locate a small business. The updated home features a new roof, siding, and gutters a luxurious primary suite and multiple living areas. Outside, the property really shines. The large barn includes a dedicated milking area, livestock stalls, hay storage, tack room, chicken coop and additional storage. A detached double garage and workshop provide room for equipment, projects and hobbies. You'll also find irrigation potable water, a root cellar/storm cellar, established garden area, fruit trees and a storage shed. The property has previously been home to horses, cattle, goats and chickens and is ready for its next owner. And perhaps the most important feature of all: NO RESTRICTIONS.

8730 Razor Creek Drive, Shepherd

Listing courtesy of W.F. Frosty Erben from Keller Williams Yellowstone Properties

$495,000
3 Beds 2 Baths 359482 MLS
Brand new 1,800 sqft barndominium on 1.6 acres in Shepherd, just minutes from Billings. This 3-bed, 2-bath home features an open-concept layout with soaring ceilings and durable finishes throughout. The kitchen, living, and dining areas flow seamlessly for easy entertaining and everyday living. Radiant in-floor heat keeps the home comfortable year-round, and subdivision irrigation water access makes lawn and garden maintenance a breeze. Attached oversized (1,241 sqft) 2-car garage adds storage and functionality. Finishes are still TBD — buyer has the opportunity to meet with our designer and select their own or you use our selections. Perfect for homesteading, a private retreat, or a forever home with room to grow. Schedule your showing today!

TBD High Noon Drive (Lot 7, Blk 2), Shepherd

Listing courtesy of Aaron Redland from eXp Realty, LLC - Billings

$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

$560,000
3 Beds 2 Baths 358620 MLS
Excellent Price Improvement! This could be an ideal property with a main house plus a mother in law home or rental property. A beautiful 2-acre property with beautiful views overlooking the river below. From the moment you pull up the drive, you’ll feel the weight of the world lift. The heart of the property is the main home with spacious living areas, large kitchen, a bonus room on the mail flr that could be a family room or office area. Whether you’re sipping morning coffee or watching the sunset, the views are unrivaled. There is a remodeled 3 bedroom guest house with attached garage also with expansive views. For the hobbyist, mechanic, or entrepreneur, the large detached shop has 2 garage doors and dedicated workspace for projects, tools and tinkering. This is truly a one of a kind property you don't want to miss.

6513 Frey Road, Shepherd

Listing courtesy of Deb Parker from Parker & Co.

$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.

$555,000
4 Beds 3 Baths 357364 MLS
Sellers are under contract for new home & ready for a quick close! This custom, country home offers simple charm & comfort. Kitchen, Living Room, Master Suite, & Laundry all on Main Level. Huge walk-in pantry & tons of storage in kitchen. All cabinets/drawers are soft-close. Master bedroom is spacious & has ensuite w/ dual vanity & large, tiled shower. Smaller bedroom/office also on main floor. Basement bedrooms are equally generous in size, both w/ walk-in closets. Jack & Jill bathroom in between. Additional living/entertainment space in basement. Storage under stairs. Solid Jerry Capp Construction. Well & 2-2,200-gallon cisterns. Sprinkler lines run underground to hose bibs for watering lawn & garden. Neighborhood offers 2 private access points to the Yellowstone River. Horses welcome & room to build a shop. Fiber optic internet available.

7340 Wild Game Trail, Shepherd

Listing courtesy of Marcie Anderson from Western Skies Real Estate

$499,900
3 Beds 2 Baths 357368 MLS
Everyone loves a shop house, especially one priced below appraisal value_This well-designed property offers convenient one-level, zero-entry living with 3 bedrooms, 2 bathrooms, and an open-concept kitchen and living area. Opportunities like this are hard to find, especially on a 1 acre lot with no known restrictions. Located in Shepherd, the property provides easy access to nearby shopping, major services, medical facilities, and the airport. The acreage offers space for additional buildings or another residential home. Well supplies the home and features a new pump installed in 2021. Exterior frost-free spigot. The shop measures 60' wide by 42' deep and includes 220V power suitable for welding equipment. It also offers three roll-up doors, each 12' wide by 14' tall. The home is heated by a propane furnace, and the propane tank is owned.

5430 Cerkoney Lane, Shepherd

Listing courtesy of Tannis Kramer from Western Skies Real Estate

$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

$450,000
3 Beds 2 Baths 356512 MLS
Price adjustment. This custom-built modular home is located in a gated community on a 2.25 acre lot w/eliminated title, perm foundation w/4ft crawl space. Open concept design with built- in entertainment center (TV System remain) ceiling fan, electric FP w/blower. Spacious main bedroom, ensuite offering 2 sinks, soaking tub, separate fabulous shower. Outdoor amenities : covered patio & year-round outdoor kitchen with/views of 80 acres of state-owned land to the NW teeming with wildlife. Spacious kitchen w/hickory cabinets, laminate counter tops, pantry, soft-close cabinets & island. Water is supplied by two 1,725-gallon cisterns w/delivery services arranged byweekly. Notable updates inc. newer pump & pressure tank. LP Smart siding, new roof added in 2025. Property incl 30 X 30 shop w/loft, RV covered storage w/30amp service, a 12 X 16 chicken coop. Ready for you!

3625 Nellie Christine Drive, Shepherd

Listing courtesy of Marie Barth from Kelly Right Real Estate

$89,900
405391 MLS
80 acres of Montana grassland and sagebrush just 20 miles north of Billings where the deer and the antelope play. The adjoining 80 acres to the north is also available for the same priced-- 160 acres for $179,800! 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#397946) 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.

tbd Lindstrom Road, Shepherd

Courtesy of Dean Petty with Mountainlands of MT Realty.

$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

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.