Explore Hot Springs, SD Homes for Sale Between $1,500,000 to $2,000,000

Hot Springs, SD Homes for Sale Between $1,500,000 to $2,000,000 Map Search

Homes for Sale in Hot Springs, SD Between $1,500,000 to $2,000,000

  Advanced Search   Market Reports   Home Value   Connect

Welcome to your dedicated resource for Homes for Sale Between $1,500,000 to $2,000,000 in Hot Springs, SD. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Hot Springs, SD agents, Pioneer Properties SD, Adam Johnson RE specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available between $1,500,000 to $2,000,000 below, or contact a local agent to discuss the details that matters most to your search.

< Back to all Homes for Sale in Hot Springs, SD

Search Hot Springs, SD by Price

All Hot Springs, SD Homes for Sale Between $1,500,000 to $2,000,000

$1,695,000
87726 MLS
A "CAN THIS BE REAL" SCENERY LIKE NO OTHER - jaw-dropping views around EVERY corner of this approx. 113-acre masterpiece! Chock full of trees, brimming with rock outcroppings, and the north side even borders miles & miles of US Forest Service lands. The most exquisite blend of terrain that you could dream up: plateaued mountaintops with 360-degree views, cliffsides, ravines, bluffs, meadows, scattered timber, trails, and even several flat spots for prime buildability without the expense of major dirt work. Bring your horses; this spot would make a perfect setting for a small ranch operation. Electric to the lot line. Very minimal covenants to protect your investment. Just 15 minutes to the cozy Black Hills town of Hot Springs and all that it contains: downtown historic sandstone buildings, restaurants, shops, Moccasin Springs, Evans Plunge, Angostura Reservoir, portal to every Black Hills adventure, and too much more to list!

TBD Joy Drive, Hot Springs
$1,600,000
87359 MLS
RED ROCK RIVER RESORT | HOT SPRINGS, SD Rare opportunity to own a destination hospitality property in one of the Black Hills' most historic communities. Located along the river in Hot Springs, this unique property offers lodging, restaurant space, gathering areas, and room for future growth and development. Hot Springs continues to attract visitors seeking relaxation, recreation, natural mineral springs, nearby Angostura Reservoir, Wind Cave National Park, The Mammoth Site, and the revitalized downtown district. The community is experiencing renewed interest from travelers looking for authentic Black Hills experiences. The current owners have invested in ongoing improvements while maintaining the property's character, providing a foundation for continued operation and future vision. Potential opportunities include boutique lodging, destination dining, retreats, events, wellness services, boutique retail, and additional hospitality concepts. More than a commercial property, Red Rock River Resort offers the chance to create experiences, build a destination, and be part of the continued growth of Hot Springs. Call or message Cheri St Pierre Berkshire Hathaway Home Services Midwest Realty for your private tour or questions 605-390-2481 See the video tour https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX.

603 N River Street, Hot Springs
$1,600,000
177360 MLS
BE PART OF HOT SPRINGS' NEXT CHAPTER. Red Rock River Resort offers a rare opportunity to own one of the Black Hills region's most unique hospitality properties. Located along the river in historic Hot Springs, South Dakota, this destination property combines lodging, restaurant space, gathering areas, and tremendous potential for future growth. Hot Springs was once known as one of America's premier wellness and resort destinations, attracting visitors seeking relaxation, mineral springs, recreation, and hospitality. Today, the community is experiencing renewed energy with the revitalized River Walk, Moccasin Springs Natural Mineral Spa, Angostura Reservoir, Wind Cave National Park, The Mammoth Site, growing tourism, and visitors rediscovering everything the area has to offer. The current owners have continued to improve the property while preserving its character, creating a foundation that allows a new owner to operate immediately while implementing their own vision over time. Potential uses include boutique lodging, destination dining, wellness retreats, weddings, corporate retreats, family reunions, boutique retail, live entertainment, massage and spa services, or other hospitality concepts. Guests can spend days exploring the Southern Black Hills, enjoying nearby lakes and parks, experiencing the area's natural hot springs, and returning to relax along the river. This is more than a commercial property. It is an opportunity to create experiences, build a destination, and become part of the continued revitalization of one of South Dakota's most historic resort communities. Call or message Cheri St Pierre Berkshire Hathaway Home Services Midwest Realty for your private tour or questions 605-390-2481 See the video tour https://youtu.be/6gZOdwrld8c?si=64CCN1n2OhjyxpTX.

603 N River St, Hot Springs
$1,600,000
177343 MLS
A rare opportunity in the heart of Hot Springs! Red Rock River Resort is a one-of-a-kind hospitality property offering a unique blend of historic charm, lodging flexibility, event potential, wellness amenities, and added commercial opportunity. Built in 1891 with striking sandstone character, this property is ready for its next chapter—whether as a boutique destination, retreat venue, or income-producing investment. The resort features 17 guest accommodations, including a desirable two-bedroom apartment, providing excellent options for short-term rentals, extended stays, or on-site management. Designed for hosting and gatherings, the property includes a full kitchen and dedicated dining room, and includes a liquor license ideal for serving guests, groups, and events. A standout highlight is the large event center with capacity for up to 250 people, perfect for weddings, receptions, reunions, corporate events, and private celebrations. The event center also offers four attached bedrooms, adding additional lodging and convenience for event weekends. Adding to the guest experience is an on-site spa and wellness area featuring specialty spaces including a hot sand room, granite room, hot soaking tub room, and massage rooms—a rare amenity that truly sets this property apart. The property also includes available retail space, offering additional income potential and flexibility for boutique, gift shop, or guest-focused services. With additional room to grow, the basement offers exciting potential for future expansion—imagine creating a unique lounge or speakeasy-style space to elevate the guest experience even further. With lodging, event space, dining infrastructure, spa features, and expansion potential all in one location, Red Rock River Resort is a truly exceptional opportunity in Hot Springs, SD.

603 N River St, Hot Springs
Start Your Search