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 #:
356127
Taxes
$10,437
Lot Size
198.34 acres
Type
Single-Family Home
Year Built
2000
Style
Two Story
County
Yellowstone County
Community
Shepherd

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
  • Pantry
  • Window Treatments
  • Cooktop
  • Dishwasher
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Windows: Window Treatments
  • Electric Range
  • Skylights
  • Windows: Skylight(s)
Subdivision
  • Shepherd
Lot Information
  • Trees
  • Secluded
  • Landscaped
  • Views
  • Waterfront
Property Features
  • Fireplace: 4
  • Fireplace: Wood Burning
Heating and Cooling
  • Propane
  • Central Air
Basement Information
  • Full
Exterior Features
  • Roof: Tile
Utility Information
  • Utilities: Water Source: Cistern
  • Sewer: Septic Tank
School Information
  • Elementary School: Shepherd
  • Middle School: Shepherd
  • High School: Shepherd
Parking
  • Attached
  • Garage Door Opener
  • Additional Parking
  • Carport
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
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
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