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Featured Properties

$14,950,000
5 Beds 7 Baths 86696 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. Video Link: https://youtu.be/PGyoldHFYG4

13340 Other, Rapid City

$14,950,000
5 Beds 176488 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. It’s a peaceful place to unwind after exploring the property’s bountiful fishing, hunting, hiking, and recreation opportunities. For added adventure, the lodge also includes an impressive 32-foot climbing wall, a rare amenity ideal for year-round enjoyment. The property has access from both Victoria Lake Road to Sheridan Lake Road and from Highway 44 West, providing convenience and flexibility. Video link: https://youtu.be/PGyoldHFYG4

13340 Victoria Lake Rd, Rapid City

$12,500,000
177954 MLS
Listed by Jeff Lawler 605-218-1701 and Lori Barnett 605-786-5817, Engel & Völkers. A Stabilized, Multi-Revenue Historic Asset on Deadwood's Most Trafficked Corridor The Buffalo-Bodega Complex occupies over half a block of prime frontage on Historic Main Street in Deadwood, South Dakota, directly across from the Historic Number 10 Saloon in one of the district's highest foot traffic zones. The complex operates multiple revenue streams under one roof, including a casino, full-service restaurant, bar, and the Buffalo Bodega Saloon, widely recognized as the oldest continuously operating bar in Deadwood. This diversification across gaming, food and beverage, and entertainment provides built-in resilience against seasonal fluctuation and single-source risk. Deadwood's regulated gaming market, combined with year-round tourism anchored by events, motorsport rallies, and proximity to national landmarks, supports a demand profile few small-market hospitality assets can match. The property benefits from sustained municipal investment in the Historic Main Street corridor and an established consumer base that returns annually. With demonstrated NOI performance and a cap rate aligned with institutional expectations for stabilized hospitality assets, the Buffalo-Bodega Complex represents a rare acquisition: an irreplaceable location, a proven operating model, and a brand with over a century of built-in equity. Seller financing or partial carry is available for a qualified buyer.

662 Main 662-654 Main St, Deadwood

$4,900,000
9 Beds 7 Baths 88367 MLS
Contact listing agents Casey Raftevold 605-863-5282 or Heath Gran 605-209-2052. Introducing the REMARKABLE one-of-a-kind Whiskey Barrel Ranch as it towers above the Hills, just 1 mile to Downtown Deadwood! This barndominium offers two completely separate living quarters bridged together by a 3,000+ sq ft shop space nestled in-between, offering a place to gather - epoxied concrete floors, radiant floor-heat, 2- 14x14 overhead doors for indoor-outdoor enjoyment and featuring a kitchenette & big screen TVs for entertainment! The owner's unit welcomes you with a large open concept featuring a massive kitchen island, tiled backsplash, granite countertops, walk-in pantry & gas fireplace in the living room stepping out onto the sprawling covered patio & private back yard. Ensuite bedroom offers a gas fireplace, tile shower & walk-in closet that flows directly into the laundry room. Two additional bedrooms on the main level share a jack & jill bathroom. Upper-level loft offers two spacious bedrooms and full bath. Opposite unit presents 4-bedrooms, 2 bathrooms & dream living space as you enter from the wood beamed covered patio, triple panel patio doors lead you into the whiskey barrel, kitchen boasts a wrap-around bar seating & cozy living room where there is room for everyone to relax, plus two separate lofts. The property is equipped with 10 RV hook-ups. Whiskey Barrel Ranch is nestled on 5 acres of terrain perfect to enjoy the ATV/snowmobile trails, hiking, or motorcycle riding.

20811 Mattson Lane, Sturgis

$3,950,000
7 Beds 178991 MLS
Perched on 44.48 private acres, this extraordinary estate offers a rare blend of luxury, privacy, and retreat-style living surrounded by breathtaking scenery, walking paths, and frequent visits from deer and wild turkeys. Designed for entertaining, relaxation, and multi-generational living, the home combines lodge-inspired warmth with timeless finishes and expansive gathering spaces throughout. The main level features a spacious chef’s kitchen with granite countertops, Wolf gas range, abundant cabinetry, and seamless flow into the formal dining room and large living area. A deck off the dining room provides the perfect place to enjoy the peaceful setting. The main-floor primary suite offers a private retreat with gas fireplace, heated floors, jetted tub, walk-in shower, oversized walk-in closet with washer and dryer, and private deck with hot tub access. The main level also includes a heated attached two-car garage and half bath. Upstairs features five additional bedrooms, an office with wood stove, large family room with private deck access, laundry room, and two additional bathrooms. One upstairs bedroom includes its own gas fireplace and ensuite potential. The walk-out lower level was designed for entertaining with a spacious family room featuring a fireplace and wet bar, one additional bedroom with fireplace, two bathrooms, large utility/storage room, heated drive-under two-car garage, and access to a large patio area. In total, the property offers seven bedrooms, six fireplaces, newer paint and carpet throughout, updated landscaping, and two geothermal systems for year-round comfort and efficiency. The detached 32x28 shop includes storage above and two mini-split units, creating additional flexibility for hobbies, workshop space, storage, or future expansion opportunities. This remarkable property offers a rare opportunity to enjoy luxury living, acreage, privacy, wildlife, and peaceful mountain surroundings in one exceptional setting.

2750 Docs Pl, Spearfish

$3,840,000
4 Beds 177080 MLS
A rare opportunity to build a thoughtfully designed luxury mountain home where architecture, lifestyle, and location come together seamlessly. Private tours and additional details available by contacting Cher Rhoades, Oak & Key Realty – 605.639.1158. Luxury Mountain Home | Deer Mountain Village – Lot 55 4,750 Sq. Ft. | 3 Bedrooms + Office | 3.5 Bathrooms Thoughtfully designed to embrace its natural surroundings, this proposed 4,750 sq. ft. mountain residence blends modern luxury with functional design in the sought-after Deer Mountain Village community. The main level features an open-concept living, dining, and kitchen area with expansive windows and direct access to multiple outdoor decks and patios—ideal for entertaining and indoor-outdoor living. The kitchen includes a large island, walk-in pantry, and seamless flow into the dining space. The primary suite is privately located on the main level and offers a spacious walk-in closet and spa-inspired bathroom. A dedicated office, powder room, generous storage, and well-designed entry complete the main floor. An attached multi-car garage connects through a functional mudroom and mechanical/storage area. The walk-out lower level includes a large family room/media space with access to an additional patio, two additional bedrooms, bathrooms, laundry, and ample storage. A private home gym and sauna enhance the home’s luxury retreat appeal. Located in Deer Mountain Village, offering year-round recreation including skiing, hiking, biking, and outdoor adventure—just minutes from Spearfish and the Northern Black Hills.

Lot 84R Deer Mountain Resort, Lead

$3,840,000
4 Beds 4 Baths 87140 MLS
A rare opportunity to build a thoughtfully designed luxury mountain home where architecture, lifestyle, and location come together seamlessly. Private tours and additional details available by contacting Cher Rhoades, Oak & Key Realty – 605.639.1158. Luxury Mountain Home | Deer Mountain Village – Lot 55 4,750 Sq. Ft. | 3 Bedrooms + Office | 3.5 Bathrooms Thoughtfully designed to embrace its natural surroundings, this proposed 4,750 sq. ft. mountain residence blends modern luxury with functional design in the sought-after Deer Mountain Village community. The main level features an open-concept living, dining, and kitchen area with expansive windows and direct access to multiple outdoor decks and patios—ideal for entertaining and indoor-outdoor living. The kitchen includes a large island, walk-in pantry, and seamless flow into the dining space. The primary suite is privately located on the main level and offers a spacious walk-in closet and spa-inspired bathroom. A dedicated office, powder room, generous storage, and well-designed entry complete the main floor. An attached multi-car garage connects through a functional mudroom and mechanical/storage area. The walk-out lower level includes a large family room/media space with access to an additional patio, two additional bedrooms, bathrooms, laundry, and ample storage. A private home gym and sauna enhance the home’s luxury retreat appeal. Located in Deer Mountain Village, offering year-round recreation.

Lot 84 Deer Mountain Road, Lead

$3,571,200
5 Beds 175469 MLS
Tucked into the natural beauty of Deer Mountain Village, Lot 173 offers a rare opportunity to build a thoughtfully designed alpine retreat with Denton House Design Studio, a leader in luxury residential design. Positioned to capture summer breezes, hillside serenity, and sweeping peak and down-valley views, this homesite sets the stage for effortless year-round mountain living. The homebuilding process has already been jump-started with schematic floor plans in progress, giving you a head start on realizing your mountain retreat. With a semi-custom home plan designed specifically for this lot, you’ll enjoy a faster build timeline while still having the ability to select curated finishes and stylistic details—combining the ease of a move-in-ready home with the personal touch of custom design. This lot isn’t just a place to build—it’s a place to belong, grow, and create memories that last for generations. Here, your dream home becomes your year-round basecamp for adventure. Whether it’s skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy. One of the only private, all-season communities in the country, it’s perfect for families seeking both adrenaline and serenity. Let’s build your legacy… your mountain escape awaits.

Lot 173 Deer Mountain Deer Mountain Village, Lead

$3,571,200
5 Beds 7 Baths 85876 MLS
Tucked into the natural beauty of Deer Mountain Village, Lot 173 offers the rare opportunity to build a thoughtfully designed alpine retreat with Denton House Design Studio, a leader in luxury residential design. Positioned to take in summer breezes, hillside serenity, and sweeping peak and down-valley views, this homesite sets the stage for effortless year-round mountain living. The homebuilding process has already been jump started, with schematic floor plans in progress giving you a head start towards realizing your mountain retreat. With Semi-custom home plan designed specially for this lot, you'll enjoy a faster build timeline with the ability to choose curated finishes and stylistic details - combining the ease of a move-in-ready home with the personal touch of custom design. This lot isn't just a place to build it is a place to belong, grow, and make memories that last for generations. Here, your dream home becomes your year-round basecamp for adventure. Whether it's skiing, snowmobiling, hiking, biking, or fishing—endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy.

Lot 173 Deer Mountain Road, Lead

$3,200,000
3 Beds 2 Baths 88857 MLS
TRUE BLACK HILLS HIDDEN TREASURE! A beautiful place to hang your heart! This heirloom-quality property is hard to do justice w/words! Unique, octagon artisan-style home highlights atrium roof, single-level living & is perfectly nestled on 40 acres w/a private FISHING POND lined w/gorgeous rock landscaping, Slate Creek meandering through & surrounded on 3 sides by USFS lands for a lifetime of exploring! Rare home design is a step back in time and features flexibility for the interior layout to be altered however one sees fit. Great-sized living rooms showcases a cozy brick-encased 2-sided fireplace & soaring wood-beamed ceiling. Welcoming kitchen & dining room w/walkout to an open patio. Soak in awe-inspiring sights from the 4-season enclosed porch, spanning the length of the home. Luxurious master suite w/full private bathroom. 2 more great-sized bedrooms & full guest bathroom. Oversized attached 2-stall garage has atrium roof too & would make an amazing family room. Also a 26x90 covered parking building w/2 enclosed stalls. Large patio w/firepit area & an adorable gazebo adorn the yard. The pond is naturally fed by the creek & abounds w/trout. Enormous 52x54 heated shop boasting a workspace, substantial loft which could easily serve as an additional living area (electrical already hooked up & stubbed for plumbing) & extra tall stall to support easy parking for a camper/RV up to 45 ft long. http://www.heartofthehillsestate.com/ Come look & bring your dreams in tow!

12099 Kaubisch Ranch Road, Hill City

$3,042,000
4 Beds 175470 MLS
Lot 204 at Deer Mountain Village is ready for a home to be perched on the slopes, offering sweeping down-valley views of Raspberry Gulch and uphill vistas of Terry Peak. The Buckhorn, designed by Denton House Design Studio, blends mountain luxury with unmatched access to the outdoors. The homebuilding process has already been jump-started with schematic floor plans in progress, giving you a head start on realizing your mountain retreat. With a semi-custom home plan designed specifically for this lot, you’ll enjoy a faster build timeline while still having the ability to select curated finishes and stylistic details—combining the ease of a move-in-ready home with the personal touch of custom design. Whether you’re gathering around the fire after a day on the slopes, enjoying crisp mountain mornings from the covered deck, or entertaining friends in the game room, The Buckhorn delivers a lifestyle that’s both elevated and effortless. With its flexible floor plan and premium finishes, this home is as functional as it is breathtaking. Skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, adding even more lifestyle perks at the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy. As one of the only private, all-season communities in the country, it’s perfect for families seeking both adrenaline and serenity. Let’s build your legacy… your mountain escape awaits.

Lot 204 Deer Mountain Deer Mountain Village, Lead

$3,042,000
4 Beds 6 Baths 85875 MLS
Lot 204 at Deer Mountain Village sits ready foe a home to be perched not the slopes with sweeping down-valley views to Raspberry Gulch and uphill vistas of Terry Peaks, The Buckhorn, Designed by Denton House Design Studio blends mountain luxury with unmatched access to the outdoors. The homebuilding process has already been jump-started, with schematic floor plans in progress giving you a head start towards realizing your mountain retreat With a semi-custom home plan designed specifically for you this lot, you'll enjoy a faster build timeline with the ability to choose curated finishes and stylistic details combining the ease of a move-in-ready home with the personal touch of custom design. Whether you're gathering around the fire after a day on the slopes, enjoying crisp mountain mornings form the covered deck, or entertaining friends in the game room, The Buckhorn delivers a lifestyle that's both elevated and effortless. With its flexible floor pan and premium finishes, this home is as function sit is breathtaking. Whether it's skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life.

Lot 204 Deer Mountain Road, Lead

$2,999,999
4 Beds 176751 MLS
The Pinnacle of Black Hills Luxury: 70-Acre Equestrian Paradise. Rare opportunity to own a private, 70-acre sanctuary where the rich history and raw, rugged beauty of the Black Hills converge with the uncompromised luxury of a custom-built home. This property offers a unique lifestyle for the discerning buyer seeking connection to the land without sacrificing modern elegance. The essence of South Dakota living & premium upgrades nestled amid a dense, ponderosa pine forest, the home is perfectly positioned to showcase breathtaking panoramic views of the surrounding mountains. Expansive, private acreage featuring pastures, treed areas, and 2 acres of professionally landscaped, irrigated grounds featuring a pond and waterfall. The turn-key equestrian facility is ideal for the serious enthusiast, featuring a well-designed barn with 6 heated stalls, ample pastureland, and a professional riding arena. The estate operates with enhanced self-sufficiency, utilizing two solar power stations with dual battery stacks, and two dedicated wells. Control the ambiance with the sophisticated Lutron lighting system and Sonos sound system. The indoor chef's kitchen features top-tier appliances for all your culinary wants and needs, or step outside to the newly expanded deck, with a fully equipped outdoor BBQ kitchen and a custom fire pit, perfect for al fresco dining under the stars. Additional features include a movie theater, wine cellar, expansive home office, commercial-grade Wi-Fi system ensuring seamless connectivity, comprehensive full alarm monitoring system, 100-gallon water heater, a new washer/dryer set, a Leaf Filter gutter system, and so much more. Located just a short 30-minute drive from the Rapid City Regional Airport (RAP) and 15 minutes to historic downtown Keystone. This is more than a home; it is an experience—a private sanctuary that defines luxury living in the American West. Listed by Jeff Larsen, Skyline Properties & Realty, 605-939-1218.

24741 Timber Ridge Rd, Hermosa

$2,990,000
179033 MLS
Deadwood’s #1 rated hotel on Google — and it’s for sale. The Cedar Wood Inn is a rare, turnkey boutique hospitality asset in the heart of Historic Deadwood, steps from the city’s world-famous casinos, restaurants, bars, live entertainment, and nightlife. Guests enjoy the full Deadwood experience by night and return to a beautifully landscaped, peaceful retreat by morning — a balance of access and escape that no new-build can replicate, and no competitor in this market can offer. 24 well-appointed guest rooms spanning queen, king, double, and premium suite configurations. A three-bedroom manager’s apartment connected directly to the front office — live on-site and operate the business with zero commute, or house your property manager just steps from the front desk. A four-stall garage at the rear of the property for equipment storage, vehicles, or premium covered parking during high-traffic events. A city trolley stop is positioned directly at your front door. The reputation arrives with the keys. Deadwood’s #1 rated on Google. Numerous awards across TripAdvisor, Booking.com, Expedia, and Hotels.com. Hundreds of verified five-star reviews. A deeply loyal guest base that returns every single season without prompting. Platform authority and algorithmic rankings that drive organic bookings without any paid advertising — and compound in value every single year you hold this remarkable asset. Within an hour: Mount Rushmore, Crazy Horse Memorial, Custer State Park, Jewel Cave National Monument, and Spearfish Canyon Scenic Byway. The Sturgis Motorcycle Rally is just minutes away. Exceptional year-round regional draw with consistent, year-round revenue potential. This is not a turnaround story. This is not a renovation project. This is a fully operating, award- winning, reputation-rich boutique inn with an irreplaceable downtown Deadwood location and everything a serious buyer needs already built. Listed by Josiah LaFrance with L'Avance Capital and Real Estate- 605-786-3098

103 Charles, Deadwood

$2,899,000
6 Beds 179361 MLS
A basketball court. A private pool. Nearly 17 acres of Black Hills sky. This isn't a home you settle into, it's one you never want to leave. Contact Cher Rhoades @ Oak & Key Realty 605.639.1158 for your Private Tour! Welcome to 19964 Merriam Loop, Set on 16.85 private acres above Spearfish, this is the kind of home you feel before you fully understand it. The drive in sets the tone winding through the land, the Black Hills rising in every direction, the log and stone entry coming into view like an arrival that was always meant to happen. Inside, nearly 8,0000 square feet unfolds with the quiet confidence of a home that was never rushed. The two-story great room draws you in a hand-laid Rumford stone fireplace anchoring the space, floor-to-ceiling windows turning the Black Hills into the backdrop of your daily life. Knotty alder built-ins, custom finishes, craftsmanship that you notice without being able to stop noticing it. The kitchen is where mornings begin slowly and evenings stretch long. A commercial gas stove, pot filler, hidden walk-in pantry, and an oversized granite bar and a wall of windows that slides fully open, so the breeze off the hills becomes part of every meal. Then there is the basketball court. Full Size half court, indoors, all yours. The kind of amenity that makes guests go quiet for a moment before they start smiling. Below, the lower level opens completely through an overhead glass door a private in-ground heated pool waiting just beyond the threshold, the sky wide above it, the hills uninterrupted in every direction. This is where summers live. Where the line between inside and outside stops mattering. Six bedrooms. Six and a half baths. A 4+ car garage. Nearly 17 acres of Black Hills land. And the rare, certain feeling that you have found exactly what you were looking for.

19964 Merriam Loop, Spearfish

$2,799,000
5 Beds 4 Baths 89032 MLS
Rarely does an opportunity arise to own nearly 38 acres on the highly coveted waters of Spearfish Creek. Combining a beautifully maintained custom home, year-round live water, abundant wildlife, exceptional privacy, and future development potential. Privately tucked behind a custom overhead entrance and accessed by paved roads, this remarkable estate has been owned and meticulously cared for by the same family for more than 30 years. Situated just minutes from Spearfish, the property offers the perfect balance of convenience, seclusion, and natural beauty. The beautifully constructed 4,840-square-foot residence was thoughtfully designed to maximize both comfort and the spectacular surroundings. Featuring 5 bedrooms and 4 bathrooms, the home offers generous living spaces, open beam construction, and timeless craftsmanship throughout. Granite countertop islands anchor the kitchen and gathering areas, while two jetted tubs provide luxurious comfort after a day spent enjoying the Black Hills. Large windows frame stunning views of the surrounding landscape, bringing the beauty of the outdoors into every season. The home’s full walkout basement creates a seamless transition between indoor and outdoor living. An expansive deck overlooks the creek and backyard from the main level, while a massive lower-level patio provides the perfect space for entertaining family and friends or simply enjoying the peaceful sounds of flowing water.

616 Rio Drive, Spearfish

$2,499,000
3 Beds 5 Baths 87631 MLS
ONCE UPON A TIME…there was an absolutely unforgettable property w/ a PRICELESS MOUNT RUSHMORE VIEW! An extraordinary custom-designed residence (Dick Knecht plan) w/ a captivating guest tower awaits in the private Lakota Lakes community-where architecture, artistry, & nature exist in perfect harmony. Thoughtfully crafted w/ uncompromising attention to detail, this one-of-a-kind home showcases an open floor plan, soaring ceilings, floor-to-ceiling walls of windows, infinity corner windows, & expansive deck leading to a feeling of being one w/ the outdoors. Just steps away is the enchanting guest “Tower”-inspired by the historic lookout atop Harney Peak—rises in three graceful levels. Open living space, bedrm suite & second bthrm on first level, second level has four sleeping rooms featuring twin beds -three with trundles- for a total bed count of seven & a breathtaking 360-degree viewing deck on top, all connected by a magical spiral staircase. It’s an unforgettable retreat for guests & a true architectural showpiece. Set within an intimate 80-acre community of only 18 homesites, residents share exceptional amenities including a wine cave made from an old gold mine, a reservable guest house, & the Rendezvous Lodge-perfect for gatherings! Surrounded by miles of USFS lands & just a short stroll to Lakota Lake for kayaking, fishing, or quiet reflection, the setting is as serene as it is spectacular. Must be seen to be fully appreciated! Currently a vacation rental. Call for info~

24452 Trackers Trail, Keystone

$2,490,000
178272 MLS
This ranch property with excellent water resources, income potential, scenic views and abundant wildlife could be yours! 1480 acres that offers multiple pastures, a historic barn, stock dams, and potential. There are two homes on property, the main house is a spacious three-bedroom, two-bathroom home with a wraparound floor plan. The second home is a three-bedroom, two-bath bunk house. Each pasture has a water source that is viable year-round and the pastures connect, so you can move animals conveniently while avoiding roads. The largest pasture offers coverage and protection for animals during the winter months, and the smallest pasture is perfectly located to keep a close eye on any animals that need some extra attention. There are multiple corrals and barns on property with enough space to hold a large number of animals in inclement weather. There are 4 stock dams and at least two of them offer good fishing. There are multiple wells on property, the main well is attached to a cistern and due to the large water vein in the area additional wells would be an option. There is an additional 640 acres that can be acquired through the transfer of a school land lease north of the main pasture. There is an walk in hunting lease that can be worked through game fish and parks. The property was originally homesteaded in 1909 by the owner’s grandparents/ great grandparents. The “hip roof barn” is close to 115 years old and was meticulously moved piece by piece from Nemo, SD. While you do get seclusion from everyone while on this property, the neighbors are kind and helpful people and for families with children there are multiple school options for K-8th grade. If you are in the market for peace and quiet, uninterrupted views, zero light pollution and even the occasional Northern lights sighting this property is for you!

20218 Hereford, Sturgis

$2,295,000
6 Beds 6 Baths 89211 MLS
Welcome to one of the most extraordinary private estates in the Southern Black Hills. Overlooking the Cheyenne River Valley and adjacent to the Hot Springs Municipal Airport, this remarkable 9,006 sq. ft. luxury retreat offers breathtaking views, exceptional amenities, and a lifestyle rarely found in the region. The main residence features 6 bedrooms, 5.5 bathrooms, 2 offices, and 2 laundry rooms. The primary suite is a private sanctuary complete with a custom steam shower, sauna, and oversized walk-in closets. Multiple outdoor living areas and a fourth-level crow's nest capture panoramic Black Hills views. Designed for entertaining, the property includes a resort-style pool and gym area, indoor and outdoor pickleball courts, custom fire pit, and an impressive pavilion featuring a large outdoor kitchen, fire table, integrated sound and lighting systems, and commercial-grade LED string lighting. Car collectors, RV enthusiasts, and hobbyists will appreciate the nearly 6,000 sq. ft. heated shop capable of housing approximately 20 vehicles. The shop features oversized doors for Class A motorhomes, a full stereo system, 85-inch TV, high-efficiency wood stove, and a fully equipped apartment with kitchen, bath, and walk-in closet. Additional amenities include two RV sites, one with full hookups, a newly planted vineyard, established landscaping, rural water, backup 5,000-gallon cistern, hydraulic gated entry, ornamental fencing, and over $90,000 in included furnishings.

27807 Aeronaut Lane, Hot Springs

$2,199,000
6 Beds 178164 MLS
Newly finished and impeccably appointed, this turn-key, fully furnished lodge in Powder House Pass offers 4,123 sq. ft. of elevated living with 6 ensuite bedrooms, 6 full baths, and a powder room—designed for both luxury retreats and high-performing investment potential. Vaulted ceilings, expansive windows, and a gas fireplace frame breathtaking Black Hills views, while the chef’s kitchen with quartz countertops and Matte White GE Café appliances flows seamlessly into open dining and living areas. Step onto the covered deck with hot tub and fire pit, perfect for entertaining, creating memorable stays, and ensuring guests return again and again. Upstairs, a spacious family room and additional ensuite bedrooms provide comfort and versatility, while the 2,722 sq. ft. 8-car garage doubles as an entertainment hub, complete with a professional golf simulator/theater—making this property stand out in the luxury rental market. High-end finishes and smart systems, including zoned HVAC, tankless water heater, separate garage climate control, and commercial-grade security, deliver both comfort and efficiency. Located in Powder House Pass with paved roads, clubhouse, heated pools, fiber internet, and direct access to the Mickelson Trail and ATV/snowmobile routes, and just minutes from Terry Peak and Historic Deadwood, this property offers the ultimate blend of adventure, lifestyle, and long-term value. Seller is offering a generous $100,000 landscaping allowance—a standout bonus to create your ideal outdoor space.

11297 Eastwind Ct, Lead

$2,199,000
6 Beds 7 Baths 87946 MLS
Newly finished and impeccably appointed, this turn-key, fully furnished lodge in Powder House Pass offers 4,123 sq. ft. of elevated living with 6 ensuite bedrooms, 6 full baths, and a powder room. Vaulted ceilings, expansive windows, and a gas fireplace frame breathtaking Black Hills views, while the chef’s kitchen with quartz countertops and Matte White GE Café appliances flows seamlessly into open dining and living areas. Step onto the covered deck with hot tub and fire pit, perfect for entertaining, creating memorable stays, and ensuring guests return again and again. Upstairs, a spacious family room and additional ensuite bedrooms provide comfort and versatility, while the 2,722 sq. ft. 8-car garage doubles as an entertainment hub, complete with a professional golf simulator/theater—making this property stand out in the luxury rental market. High-end finishes and smart systems, including zoned HVAC, tankless water heater, separate garage climate control, and commercial-grade security. Located in Powder House Pass with paved roads, clubhouse, heated pools, fiber internet, and direct access to the Mickelson Trail and ATV/snowmobile routes, and just minutes from Terry Peak and Historic Deadwood, this property offers the ultimate blend of adventure, lifestyle, and long-term value. Seller is offering a generous $100,000 landscaping allowance—a standout bonus to create your ideal outdoor space. Listed by Real Broker Jeff Christians 605-920-0425

11297 Eastwind Court, Lead

$2,000,000
4 Beds 179474 MLS
Situated on 23.97 private acres in the highly sought-after Rimrock area, this exceptional Black Hills property offers a rare combination of luxury living, privacy, usable land, and unmatched shop infrastructure. Surrounded by mature pines, rolling hills, and abundant wildlife, the property delivers a secluded setting just minutes from Rapid City. The 4-bedroom, 4-bath home is designed for comfortable main-floor living, featuring a spacious primary suite with a private bath, walk-in closet, and convenient access to the main-floor laundry. A second private primary suite provides additional flexibility for multi-generational living or guests. The home also features double wall ovens, a stunning floor-to-ceiling stone fireplace, generous living spaces, and an expansive covered patio ideal for entertaining or enjoying the peaceful Black Hills surroundings. The true showpiece is the approximately 2,750 sq. ft. custom-built shop. Constructed with a welded steel frame, 16' sidewalls, spray foam insulation, in-floor heat with dual zones, 400-amp service, 220V power, three-phase converter panel, hot water on demand, compressed air infrastructure, paint booth ventilation, and three dedicated HVAC units. Additional features include a 720 sq. ft. mezzanine with 50,000-lb capacity, two 10' overhead doors, one 14' overhead door, vehicle-lift-ready pads, interior and exterior drains, kitchen facilities, two bathrooms, seven finished flex-use rooms, a 1,000-gallon holding tank, and extensive covered exterior parking for RVs, equipment, or toys. Properties offering this level of privacy, acreage, and infrastructure are exceptionally difficult to replicate and rarely become available. Listed by Henry Ulrich, Ascend Realty, 605-490-2040.

7810 Labrador Tr, Rapid City

$2,000,000
4 Beds 4 Baths 89057 MLS
Situated on 23.97 private acres in the highly sought-after Rimrock area, this exceptional Black Hills property offers a rare combination of luxury living, privacy, usable land, and unmatched shop infrastructure. Surrounded by mature pines, rolling hills, and abundant wildlife, the property delivers a secluded setting just minutes from Rapid City. The 4-bedroom, 4-bath home is designed for comfortable main-floor living, featuring a spacious primary suite with private bath, walk-in closet, and laundry access. A second primary suite offers additional flexibility for guests or multi-generational living. The home also features double wall ovens, a floor-to-ceiling stone fireplace, generous living spaces, and an expansive covered patio overlooking the Black Hills landscape. The true showpiece is the approximately 2,750 sq. ft. custom-built shop featuring welded steel construction, 16' sidewalls, spray foam insulation, in-floor heat, 400-amp service, three-phase converter panel, kitchen facilities, two bathrooms, seven finished flex-use rooms, a 720 sq. ft. mezzanine, vehicle-lift-ready pads, interior and exterior drains, multiple overhead doors, and a 1,000-gallon holding tank. Extensive covered parking provides room for RVs, equipment, vehicles, and recreational toys. Properties offering nearly 24 acres, this level of privacy, and infrastructure of this caliber are exceptionally difficult to replicate and rarely become available. Listed by Henry Ulrich, Ascend Realty, 6054902040

7810 Labrador Trl, Rapid City

$2,000,000
7 Beds 176698 MLS
This luxurious mountain home features 7-bedrooms, 4 1/2 bathrooms, and an oversized 3-car heated garage. It provides a perfect blend of comfort, and adventure and is located in the coveted Powder House Pass community near Lead, South Dakota. This home comfortably accommodates large groups, sleeping up to 30 people making it ideal for family gatherings and a vacation rental. The chef's kitchen boasts a 36-inch Wolf dual fuel range and microwave oven, a large Bosch refrigerator and dishwasher, and endless granite countertops surrounded by rustic hickory cabinets. Its open concept leads seamlessly into the dining and living room which features a beautiful stone facade gas fireplace. The primary suite includes a gorgeous metal facade electric fireplace, private deck with breathtaking views, and a stellar bathroom with a wet room large enough to wash your Harley. The basement features a wet bar with a large Bosch refrigerator, granite countertops and dining area, and a complete living room with a gorgeous metal facade gas fireplace. The home features two expansive covered decks which provide a tremendous outdoor oasis for relaxation. The 1,350 square foot garage has epoxy flooring and is a fully equipped game room that provides great fun for both kids and adults. Plenty of parking exists for ATV's, motorcycles and snowmobiles. Located within the recreational corridor of the Northern Black Hills, this property is within minutes of skiing at Terry Peak, hiking at Spearfish Canyon, biking on the Mickelson Trail, or recreation and dining at the historic town of Deadwood. Interested in making some money on a rental property? In its first year, this home is already one of the most sought-after rental properties in Powder House Pass.

11311 Overlook Ct, Lead

$1,990,000
179041 MLS
Sunset Motel & RV Park presents a rare income-producing opportunity at the highly visible entrance to Belle Fourche, South Dakota, directly along US Highway 85 and across from the Belle Fourche Country Club. Positioned on almost three acres, this long-term rental property offers a diversified mix of housing and rental income streams, including 14 studio apartments, 4 cabins, one two-bedroom on-site manager’s apartment, one tiny home, and 18 RV hookups. The RV park is equipped with 3-phase power, with each RV site separately metered for electric, creating a practical and efficient operating structure for long-term tenancy. The property also includes an on-site laundromat and a fully powered garage, adding additional utility, tenant convenience, and operational flexibility. Sunset Motel & RV Park is currently operated as a long-term rental property, serving the steady housing needs of the Belle Fourche and Northern Black Hills market. Belle Fourche continues to benefit from its proximity to Spearfish, regional employment drivers, highway access, and the broader growth of the Black Hills region. The property’s location, existing unit mix, utility infrastructure, and land size create multiple paths for future value, including continued rental operations, repositioning, expansion, or potential redevelopment. With over two acres and the potential ability to split into two separate parcels, Sunset Motel & RV Park offers both immediate income and long-term upside. This is a unique opportunity to acquire an established rental property with multiple income sources, strong visibility, and future development potential in a growing Western South Dakota market. Listed by Josiah LaFrance- L'Avance Capital and Real Estate- (605) 786-3098

19022 Hwy 85, Belle Fourche

$1,989,900
4 Beds 178036 MLS
Listed by Marnie Muffat, Sun Real Estate 605-545-0762. Experience elevated craftsmanship and modern luxury in this exceptional new construction home set on 2.45 acres, with over an acre perched on a stunning elevated plateau offering expansive, unobstructed views. This impressive 4-bedroom, 3.5-bath residence spans approximately 3,900 sq ft and was built well beyond standard code, showcasing superior materials, engineering, and attention to detail throughout. From the moment you enter through the one-of-a-kind custom glass front door, you’re greeted by soaring ceilings and a breathtaking 39-foot wall of Sierra Pacific windows, flooding the home with natural light and framing the surrounding landscape. The main living space features dramatic ceiling heights up to 17.5 feet, enhanced by custom woodwork, alder trim, and thoughtfully integrated LED lighting with multiple zones and dimmers. The chef’s kitchen is a true showpiece, complete with KraftMaid solid maple cabinetry, a massive granite island, and a full suite of high-end appliances including Wolf cooking appliances, a built-in coffee system, Bosch dishwasher, and premium True refrigeration units including a wine cooler and beverage center. The luxurious primary suite offers a spa-inspired bathroom highlighted by an expansive 5’ x 9’ custom shower with multiple shower heads, a Kohler smart toilet, and a large, fully customized walk-in closet featuring a center island, creating a true boutique-style feel. Every detail—from upgraded plumbing systems with individual PEX home runs to heated, backlit mirrors—has been carefully selected for both comfort and performance. The upper level includes two bedrooms and a bathroom, offering comfortable space with beautiful views. The main level also features a secluded guest suite complete with a full bath and its own separate heating and cooling environment, providing ideal comfort and privacy for visitors. This home includes an oversized 1,100 square-foot garage that is

11829 Valley View Circle, Spearfish

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