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

  10052 Floating Island Way Shepherd, MT 59079

Contingent (222 Days)
$3,900,000 (USD)
4
BED
5
BATH
6,071
SQFT

Description

This stunning and luxurious property features a magnificent custom timbered home sited high above the Yellowstone River, offering panoramic views and exceptional recreational opportunities. The breathtaking and ever-changing views from the spacious patios and executive master bedroom are truly spectacular. The house is solidly built with exposed Douglas Fir beams and two stone chimneys. Fish Fry Lake boasts 7 acres of premium fishing from 6-pound largemouth bass and boss bluegills to dozens of panfish. Water quality is assured by maintenance-free floating islands. For the hunter, this private lake attracts wood ducks, prized for their exquisite plumage.Deer hunting is exceptional, with high-scoring muleys and whitetail only minutes away. The exclusive private channel below the house provides accessible waterfowl opportunities. The property is licensed as a prestigious pheasant hunting preserve (Joy of Hunting) and supports acres of dryland or irrigated food plots, roosting cover and thermal mass. A mature gourmet heirloom orchard produces apples and pears, which are usually shared with neighbors or sold to the local cider mill. A separate updated 2-story cottage with 3-bay carport can house a property manager or guest overflow. Only 25 minutes from the modern 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 May 29 2026 at 5:20 PM 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
$ (+/-)
May 19, 2026
Price Changed
$3,900,000
-13%
-$600,000
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 5/29/26 10:20