
Improved Mixed-Use Land for Sale in Shepherd, Montana
5731 Shepherd Rd, Shepherd, MT 59079
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.
Location
- Street address
- 5731 Shepherd Rd
- County
- Yellowstone County
- Zip code
- 59079
- Elevation
- 3,108 feet
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
S23, T02 N, R27 E, C.O.S. 1077, Parcel 1B, AMEND
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
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
| Gas | Propane | Connected |
Nearby schools
| Name | Type |
|---|---|
| Shepherd | Elementary |
| Shepherd | Middle |
| Shepherd | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 30, 2026 | New listing | $650,000 | — | BAR |

















