10052 Floating Island Way Shepherd, MT 59079
Listing Courtesy of: BILLINGS / Coldwell Banker The Brokers / Rachel Court - Contact:  (406) 794-9915

  10052 Floating Island Way Shepherd, MT 59079

Active (145 Days)
$4,500,000 (USD)
4
BED
5
BATH
6,071
SQFT

Description

This unique property features a magnificent timbered home sited high above the Yellowstone River, offering a rare outlook and superb recreational opportunities. The views from the patios and master bedroom are breathtaking and ever-changing. The house is solidly built with exposed Douglas Fir beams and two stone chimneys, softened by many artistic touches. Fish Fry Lake boasts 7 acres of exciting fishing for you or the grandkids – from 6-pound largemouth bass and “boss” bluegills to dozens of panfish. Or just relax in a kayak and enjoy the sunset. Water quality is assured by maintenance-free floating islands. For the hunter, Fish Fry Lake attracts wood ducks, prized for their plumage. Deer hunting is exceptional, with high-scoring muleys and whitetail only minutes away. The private channel below the house provides accessible waterfowl opportunities. The property is licensed as a pheasant hunting preserve (Joy of Hunting) and supports acres of dryland or irrigated food plots, roosting cover and thermal mass. A mature heirloom orchard produces apples and pears, which are usually shared with neighbors or sold to the local cider mill. A separate 2-story cottage with 3-bay carport can house a property manager or guest overflow. Only 25 minutes from the amenities and convenience of Montana's largest community!

MLS #:
356137
Taxes
$10,437
Lot Size
198.34 acres
Type
Farm/Ranch
Year Built
2000
Style
Two Story
County
Yellowstone County

Listed By

Rachel Court, Coldwell Banker The Brokers, Contact: (406) 794-9915
Source
BILLINGS
Last checked Mar 12 2026 at 3:49 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathroom: 1
Interior Features
  • Laundry: Washer Hookup
  • Laundry: Dryer Hookup
  • Dryer
  • Refrigerator
  • Fireplace
  • Appliances Negotiable
Heating and Cooling
  • Propane
  • Central Air
Utility Information
  • Utilities: Water Source: Cistern, Electricity Available, Natural Gas Available, Phone Available
Parking
  • Attached
Stories
  • 2
Living Area
  • 6,071 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 05, 2026
Price Changed
$4,500,000
-13%
-$700,000
Oct 17, 2025
Listed
$5,200,000
-
-
Additional Information: The Brokers | (406) 794-9915
Location
   
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Disclaimer: Copyright 2026 Billings Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/11/26 20:49