For sale

Price cut: $19.9K (8/5)

$480,000

7851 Spear Dr, Shepherd, MT 59079

4beds

2,964sqft

$3,047/mo

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Single Family Residence

Built in 1978

1.24 Acres Lot

$481,400 Zestimate^®

$162/sqft

$-- HOA

What's special

Beautiful viewsPeaceful settingMultiple living spacesMature landscapingFunctional floor plan

Enjoy the space and serenity of country living at 7851 Spear Drive in Shepherd! Situated on 1.24 acres, this spacious 2,964 sq. ft. home offers 4 bedrooms and 3 bathrooms with plenty of room for everyone. The functional floor plan provides multiple living spaces, making it ideal for entertaining, relaxing, or accommodating a growing family. Step outside and enjoy the peaceful setting, mature landscaping, and beautiful views while still being just a short drive from Billings. Whether you're looking for room to spread out, space for hobbies, or simply a place to enjoy Montana living, this property offers the perfect blend of comfort, privacy, and convenience. Don't miss your opportunity to make this country retreat your next home!

64 days
699
47

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3

Heating

Baseboard, Ductless, Electric

Cooling

Ductless

Appliances

Included: Dishwasher, Oven, Range, Refrigerator

Features

Basement: Exterior Entry,Full,Walk-Out Access
Number of fireplaces: 2

Interior area

Total interior livable area: 2,964 sqft
Finished area above ground: 1,482

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached, Workshop in Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 1
Patio & porch: Deck
Exterior features: Deck, Fence, Garden, Sprinkler/Irrigation
Fencing: Fenced
Has view: Yes

Lot

Size: 1.24 Acres
Features: Landscaped, Rolling Slope, Sloped, Trees, Views
Topography: Hill

Details

Additional structures: Second Garage, Poultry Coop, Shed(s), Workshop
Parcel number: C08519
Zoning description: Other

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Hardboard
Roof: Asphalt

Condition

Resale
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Cistern, Well

Community & HOA

Community

Subdivision: Arrow Island

Location

Region: Shepherd

Financial & listing details

Price per square foot: $162/sqft
Tax assessed value: $440,800
Annual tax amount: $2,448
Date on market: 7/1/2026
Listing terms: Cash,Conventional,1031 Exchange,FHA,New Loan,USDA Loan,VA Loan

Estimated market value

$481,400

$457,000 - $505,000

$2,710/mo

Price history

Date	Event	Price
8/5/2026	Price change	$480,000-4%$162/sqft
Source: BMTMLS #360363 Report a problem
7/1/2026	Listed for sale	$499,900+17.6%$169/sqft
Source: BMTMLS #360363 Report a problem
11/4/2022	Listing removed	--
Source: BMTMLS #333790 Report a problem
10/6/2022	Contingent	$425,000$143/sqft
Source: BMTMLS #333790 Report a problem
9/22/2022	Listed for sale	$425,000$143/sqft
Source: BMTMLS #333790 Report a problem
9/5/2022	Contingent	$425,000$143/sqft
Source: BMTMLS #333790 Report a problem
8/29/2022	Listed for sale	$425,000$143/sqft
Source: BMTMLS #333790 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,294 -29.8%	$440,800 +10.8%
2024	$3,270 -1.8%	$397,900
2023	$3,329 +303.6%	$397,900 +60.8%
2022	$825 +0.3%	$247,500
2021	$823	$247,500 +7.3%
2020	--	$230,700
2019	$602 -72.3%	$230,700 -4.3%
2018	$2,172 +1.9%	$241,100
2017	$2,132 +5.5%	$241,100 +1.2%
2016	$2,021	$238,300
2015	$2,021 +31.7%	$238,300 +145.4%
2014	$1,535 +3.4%	$97,096 +1.6%
2013	$1,484 +1.5%	$95,603 +1.8%
2012	$1,463	$93,886
2011	--	--
2010	--	--
2009	--	--
2008	--	$136,600
2007	--	$136,600
2006	--	$136,600
2005	--	$136,600
2004	--	$136,600
2003	--	$136,600 +36.2%
2002	--	$100,300
2000	--	$100,300