Homes for Sale Between $200,000 to $300,000 in Hot Springs, SD

GREAT BUSINESS OPPORTUNITY! Excellent opportunity to own a well-established T-shirt business in the Southern Hills area! This successful operation is known for its quality products and strong customer base, with a reputation built on consistent service and repeat clientele. Business offers flexible hours and includes all necessary equipment to continue operations. Growth potential exists through expanded marketing, product lines, or increased hours. Favorable location provides a competitive advantage with less market saturation than larger markets. Seller will provide up to one week of training to ensure a smooth transition. Sale includes business and equipment only. No real estate is included in this offering.

707 Baltimore Avenue, Hot Springs

$299,000

88375 MLS

Nice downtown Hot Springs building with great long term tenant. Addiction Recovery Center rents this building for $2,700/month. Building is nicely updated in and out. New siding and roof. Nice back covered porch area. Come take a look! This building is 1900 square feet. This is a historical building that does NOT require any special approvals or held to any requirements. Sellers have rebuilt the front alley side of the building from the ground up. Had the foundation professionally spray foam insulation. They insulated and re-sided the three sides of the building that are exposed, re-roofed the building, and had the air-conditioning unit on the roof refurbished and the support structure replaced. The inside of the building has been completely rebuilt and re-organized for the tenant. This building now has two bathrooms, one of which is ADA-compliant. They have added a kitchen to the building with a space for a lunchroom. They have also added a coffee nook with custom tile work, lighting, and power in the hallway. The front doorway has been rebuilt and replaced and is ADA-compliant. They have added a covered deck to the back of the building and a matching custom copper awning to the front. This building is turnkey and leased on a contract to a reliable and top-quality tenant. :)

112 N Chicago Street, Hot Springs

$214,000

88374 MLS

LOCATION! LOCATION! LOCATION! Fantastic building in a great location near the high school. Owners have done nice upgrades to building including siding and roof. It was formerly a vet clinic and before that a grocery store. It is ready for you to grow you business. This 3750 sq. ft. building has so many available options for you to turn this space into your own. Lots of parking and a high traffic area. This building is 3000 square feet. Sellers have repaired the roof, so it is in great shape. They have insulated the building where there was none and re-sided the entire structure. They repaired structural damage that was from neglect. They have added an awning to the main front door and upgraded and replaced all exterior lighting. Come take a look!

1705 University Avenue, Hot Springs

$258,000

3 Beds ⋅ 178621 MLS

Listed by Denise Haden with CENTURY 21 ClearView Realty, (605) 890-0278. Step into your dream lifestyle with this sparkling, fully renovated ranch level home, situated just steps from the scenic riverside Freedom Trail. This pristine 3-bed, 2-bath oasis shines with fresh paint and natural light pouring through updated windows onto soft new carpet. The spacious, airy layout offers comfort and style, perfectly nestled on a .16-acre lot. Enjoy the convenience of a 2-car carport via the alley and a unique drive-through design from 6th Street. Featuring a brand-new roof, this home truly outshines its photos, which include virtual staging to inspire your new life in this bright, turnkey retreat.

842 S 6th St, Hot Springs

$258,000

3 Beds ⋅ 2 Baths ⋅ 88332 MLS

Listed by Denise Haden with CENTURY 21 ClearView Realty, (605) 890-0278. Step into your dream lifestyle with this sparkling, fully renovated ranch level home, situated just steps from the scenic riverside Freedom Trail. This pristine 3-bed, 2-bath oasis shines with fresh paint and natural light pouring through updated windows onto crisp new carpet. The spacious, airy layout offers comfort and style, perfectly nestled on a .16-acre lot. Enjoy the convenience of a 2-car carport via the alley and a unique drive-through design from 6th Street. Featuring a brand-new roof, this home truly outshines its photos, which include virtual staging to inspire your new life in this bright, turnkey retreat.

842 S 6th Street, Hot Springs

$249,900

178592 MLS

Brought to you by Dante Colicheski 605-484-2322. Rare opportunity to own a beautiful lot in Angostura View Estates, just minutes from the water and surrounded by the kind of views people come to the Southern Hills for. Whether you are planning a full-time home, vacation retreat, or investment property, this lot offers the setting to make it happen. Enjoy peaceful surroundings, wide-open skies, and quick access to boating, fishing, and recreation at Angostura Reservoir. Opportunities in this area do not come along often, especially in a location that combines privacy, scenery, and convenience. Water and power to the lot. Private, gated, access to the beach. Year round community. Boat barn storage rental available

TBD Angostura View Estates Rd Lot 17, Lot 5 Angostura View Estates Rd, Hot Springs

$249,900

88302 MLS

Brought to you by Dante Colicheski 605-484-2322. Rare opportunity to own a beautiful lot in Angostura View Estates, just minutes from the water and surrounded by the kind of views people come to the Southern Hills for. Whether you are planning a full-time home, vacation retreat, or investment property, this lot offers the setting to make it happen. Enjoy peaceful surroundings, wide-open skies, and quick access to boating, fishing, and recreation at Angostura Reservoir. Opportunities in this area do not come along often, especially in a location that combines privacy, scenery, and convenience. Water and power to the lot. Private, gated, access to the beach. Year round community. Boat barn storage rental available

TBD Angostura View Ests Rd, Hot Springs

$288,000

3 Beds ⋅ 2 Baths ⋅ 88237 MLS

*New Carpet* Motivated Seller! 1 block from High School! Call Shauna Schroeder 605.415.9979 & Make an Offer:) This Charming intown Farmhouse , thoughtfully maintained 3-bedroom, 2-bath home is offering approximately 1,868 finished square feet in an established Hot Springs neighborhood. This 1.5-story residence blends timeless character with practical upgrades, creating the ideal mix of comfort, function, and long-term value. Step inside to an expansive open living room anchored by a beautiful brick fireplace with wood-burning Fireplacet, creating a warm focal point and an inviting gathering space. The kitchen offers generous counter space, abundant cabinetry, breakfast bar seating, updated lighting, and an easy flow into the dining areaâperfect for everyday living and entertaining.

1710 Albany Avenue, Hot Springs

$255,000

3 Beds ⋅ 2 Baths ⋅ 88138 MLS

Discover this beautifully maintained 3-bedroom, 2-bath Adobe-style home featuring almost 1,600 sq. ft. of finished living space and an inviting open floor plan filled with charm and character. The original hardwood floors have been refinished, adding warmth and authenticity throughout. A major bonus is the brand-new 24' x 24' double garage and an amazing fully fenced backyard, perfect for pets, gardening, or private outdoor relaxation. The finished basement provides extra living space ideal for a family room, guest area, home office, or hobby room. Located in a desirable area of Hot Springs, this home is just minutes from the VA Hospital, Fall River Health Services, the public library, and the scenic Freedom Trailâoffering both convenience and lifestyle. Listed with Lori Kraus-Svoboda at Western Skies Real Estate 605-517/0785

1106 S 6th Street, Hot Springs

$288,000

3 Beds ⋅ 178361 MLS

**New Carpet**Motivated Seller--Charming intown Farmhouse- 1 block from High School! Thoughtfully maintained 3-bedroom, 2-bath home offering approximately 1,868 finished square feet in an established Hot Springs neighborhood. This 1.5-story residence blends timeless character with practical upgrades, creating the ideal mix of comfort, function, and long-term value. Step inside to an expansive open living room anchored by a beautiful brick fireplace with wood-burning insert, creating a warm focal point and an inviting gathering space.The kitchen offers generous counter space, abundant cabinetry, breakfast bar seating, updated lighting, and an easy flow into the dining area—perfect for everyday living and entertaining. The main level offers exceptional convenience with two bedrooms, two bathrooms, and dedicated main-floor laundry, a highly desirable layout that broadens buyer appeal. Upstairs, the oversized third bedroom/bonus retreat provides flexible space for a private primary suite, guest quarters, office, hobby room, or multi-use flex space. Additional value-enhancing features include updated kitchen and baths, modernized electrical and plumbing, 220V service, metal/vinyl exterior, and alley-access two-car garage with extensive extra parking for RVs, trailers, or recreational vehicles. Outside, enjoy a LARGE fenced yard with mature trees, deck access for summer gatherings, gardening space, and room for pets or play. The oversized garage & additional parking are standout amenities rarely found at this price point in town. Located 1 block from Hot Springs High School, downtown conveniences, and the natural beauty that makes Hot Springs so special, this property offers size, function, parking flexibility, and move-in-ready updates that compare favorably to competing homes in the market.

1710 Albany Ave, Hot Springs

$249,800

178315 MLS

Looking to retire to the beautiful banana belt area of the southern Black Hills of South Dakota? 6.58 acres next to the 18 hole award winning Southern Hills Golf course. Build your dream retirement home & enjoy the views of the Seven Sisters and golf course. Or build 4 (four) homes--one on each parcel. Electric & small water line from water main on access easement and property. Septic allowed or city sewer may be possible at new buyer's expense after closing. Older, shallow, water well that can be used for watering animals or gardens. Acreage is at the end of a dead-end road for more privacy!This property lies along the 17th fairway along the east side of the golf course, but is not part of the golf course. NO HOA fees! Build your home(s) in this private setting and enjoy a 6.58 acre retreat. Future residences on this property can be used as an Airbnb/VRBO (check city guidelines), which is a rarity this close to the golf course.

747 S Other 747 S. 23rd St, Hot Springs

$249,800

88078 MLS

Looking to retire to the beautiful banana belt area of the southern Black Hills of South Dakota? 6.58 acres next to the 18 hole award winning Southern Hills Golf course. Build your dream retirement home & enjoy the views of the Seven Sisters and golf course. Or build 4 (four) homes--one on each parcel. Electric & small water line from water main on access easement and property. Septic allowed or city sewer may be possible at new buyer's expense after closing. Older, shallow, water well that can be used for watering animals or gardens. Acreage is at the end of a dead-end road for more privacy! This property lies along the 17th fairway along the east side of the golf course, but is not part of the golf course. NO HOA fees! Build your home(s) in this private setting and enjoy a 6.58 acre retreat. Future residences on this property can be used as an Airbnb/VRBO (check city guidelines), which is a rarity this close to the golf course.

747 S 23rd Street, Hot Springs

Homes for Sale in Hot Springs, SD Between $200,000 to $300,000

All Hot Springs, SD Homes for Sale Between $200,000 to $300,000

Pioneer Properties SD, Adam Johnson RE

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