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Improved Mixed-Use Land for Sale in Shepherd, Montana

5731 Shepherd Rd, Shepherd, MT 59079

$650,000
6.7 acres
Active sale
ago
Est $3,808/mo

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.

1,620
Sq feet
3
Beds
2
Full baths
1973
Built

Location

Street address
5731 Shepherd Rd
Zip code
59079
Elevation
3,108 feet
Coordinates
45.9033, -108.3416

Directions

East on Hwy 312 to the Shepherd Road turn off. The property is on the east side of Shepherd Road at the intersection with Hwy 312.

Property details

Acreage
6.71 acres
Zoning
Un-zoned
MLS #
BAR 362162
Posted

Property taxes

Recent
$2,917

Parcels

  • D07561

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Corner Lot, Level

Exterior

Structures
Shed(s)

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Natural Gas, Propane
Cooling
Central Air
Materials
Stucco
Roof
Asphalt, Shingle

Interior

Rooms
Bathroom x 2, Bedroom x 3
Appliances
Electric Range, Oven, Range, Refrigerator

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Nearby schools

NameType
ShepherdElementary
ShepherdMiddle
ShepherdHigh

Listing history

DateEventPriceChangeSource
Sept 30, 2026New listing$650,000—BAR
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This 6.71-acre property is located at 5731 Shepherd Rd in Shepherd, MT 59079. The property is available for sale, priced at $650,000. It has a 1,620 square foot 3-bedroom, 2-bath house built in 1973.

Listed by Fenton Enterprises, (406) 967-2850

Checked 1 hour agoUpdated Source

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