Explore Hot Springs, SD Homes for Sale Between $400,000 to $500,000

Hot Springs, SD Homes for Sale Between $400,000 to $500,000 Map Search

Homes for Sale in Hot Springs, SD Between $400,000 to $500,000

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Welcome to your dedicated resource for Homes for Sale Between $400,000 to $500,000 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 $400,000 to $500,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Hot Springs, SD Homes for Sale Between $400,000 to $500,000

$459,900
178868 MLS
Discover 44.91 acres of pure Black Hills beauty—heavily forested with a stunning mix of hills, meadows, draws, and long-range views. This rare tract offers exceptional privacy and direct access to the National Forest, giving you thousands of additional acres right out your back door. Power is to the lot line, rural water is in progress, and with NO COVENANTS, you have the freedom to build, camp, or create your dream retreat without restrictions. Wildlife is abundant, the setting is serene, and you’re only 15 minutes from both Wind Cave National Park and Custer State Park. A one-of-a-kind opportunity for those seeking seclusion, recreation, and proper Black Hills living.

Tract 6E Northview Dr Northwind Drive, Hot Springs
$459,900
88518 MLS
Discover 44.91 acres of pure Black Hills beauty—heavily forested with a stunning mix of hills, meadows, draws, and long-range views. This rare tract offers exceptional privacy and borders the National Forest, giving you thousands of additional acres right out your back door. Power is to the lot line, rural water is in progress, and with NO COVENANTS, you have the freedom to build, camp, or create your dream retreat without restrictions. Wildlife is abundant, the setting is serene, and you’re only 15 minutes from both Wind Cave National Park and Custer State Park. A one-of-a-kind opportunity for those seeking seclusion, recreation, and true Black Hills living.

Tract 6E Northwind Dr, Hot Springs
$480,000
5 Beds ⋅ 3 Baths ⋅ 88354 MLS
GREAT LOCATION! AMPLE SPACE! CUTE AS CAN BE! Step into a home that truly has room for it all—space, comfort, and versatility wrapped into one impressive property. Offering over 4,000 sq. ft. of thoughtfully-designed living space, w/an inviting eat-in kitchen, formal dining room, lovely living room spilling in natural light, plus 3 generously-sized beds & 2 baths. The master bedroom is a standout retreat, complete w/an ENORMOUS walk-in closet that provides both functionality & a touch of luxury. Above the garage is a sprawling family room/play room w/deck access. Adding even more value & flexibility is the spacious 1,230 sq. ft. BASMENT APARTMENT w/its own entrance, featuring 2 beds, 1 bath & its own washer & dryer area. Could be used as an income-producing rental, guest quarters, or private space for extended family. Outdoor living is just as inviting, w/multiple spaces designed to suit any occasion. Sip your morning coffee on the charming covered front porch, host summer gatherings on the side or back patios, or unwind on the newer HUGE Trex deck — perfect for taking in peaceful surroundings. The fully fenced backyard offers a secure & convenient space for pets or play. Situated on a central lot in a desirable location, just one block from the school. With its generous layout & multi-functional design, this property is perfectly suited for those seeking a primary residence w/added income potential or a seamless multi-generational living arrangement. COME TAKE A LOOK!

146 S 16th Street, Hot Springs
$479,000
178495 MLS
Hot Springs area Development Opportunity. This property offers a rare opportunity to acquire 9 acres adjacent to the Southern Hills Golf Course. This acreage offers an excellent potential for several private home sites, townhouses, apartment building, restaurant/commercial enterprise. Bring your dream. There are some wonderful views of the Golf Course and oh the long-distance views! This acreage at one time held the location of a Clubhouse for the Golf Course. Building is long gone but the old cart shed still stands, although in disrepair. This offer includes 4 separate parcels (9.16 acres) that will sell as one. Seller will not subdivide. There is one .55 acre sliver that is within the city limits and could potentially offer the opportunity to access the golf course from your property. The remaining land is in the county with NO COVENANTS. City utilities are not available to this property. Electric to the property. Previous sewer and water utilities have been inactive for over 35 years and seller has no further information on it. Developers - Previous preliminary plats from earlier concept ideas availale for review. For more information on the Southern Hills Golf Course visit hotspringssdgolf.com.

TBD Clubhouse Rd, Hot Springs
$479,000
88240 MLS
Hot Springs Development Opportunity – 9+ Acres Adjacent to Southern Hills Golf Course. Seize this rare chance to own 9.16 acres of prime land directly bordering the scenic Southern Hills Golf Course in Hot Springs, SD. With breathtaking fairway views and sweeping long-distance vistas, this property offers endless potential for your vision — whether that’s private home sites, townhomes, apartments, a restaurant, or a unique commercial venture. Once home to the golf course clubhouse, the land still holds the old cart shed (in disrepair), adding a touch of history to the site. The offering includes four separate parcels sold together — seller will not subdivide. Some highway frontage. Highlights: 9.16 acres total (4 parcels) Adjacent to Southern Hills Golf Course One .55-acre parcel within city limits — potential golf course access Remaining acreage in the county with NO COVENANTS. Electric to property. Previous water/sewer utilities inactive for 35+ years (no guarantees). City utilities not available. This is a blank canvas for developers, investors, or visionaries looking to create something truly special in the Hot Springs area. Contact: Cathy Mosset, Heartland Real Estate, Listing Agent – 605-890-1066 Learn more about the golf course: hotspringssdgolf.com

TBD Clubhouse Road, Hot Springs
$420,000
3 Beds ⋅ 177228 MLS
NEW PHOTOS SEE BEAUTIFUL LUSH GREEN! Nestled just south of Hot Springs, this 1961 two-story home blends craftsmanship, history, and the quiet beauty of the Southern Black Hills. The custom wrought-iron spiral staircase—designed by the original owner—anchors the home with artistry and presence. The upper-level features three bedrooms, with two bathrooms, one on each floor, offering comfort and convenience. Main-level laundry adds ease to daily living, and the attached 1-stall garage with a small workshop area provides space for projects and storage. Set on 2.62 acres, the property includes a chicken coop and open land ready for animals, gardens, or future outbuildings. Large windows frame panoramic views of rolling prairie and distant hills, creating a sense of retreat and openness. Just minutes from Angostura Lake and a short drive to historic downtown Hot Springs, this home offers the rare combination of privacy, convenience, and natural beauty.

27835 Cascade Rd, Hot Springs
$420,000
3 Beds ⋅ 2 Baths ⋅ 87087 MLS
PRICE DROP GRASS GREEN AMAZING VIEW COME TOUR! Nestled just south of Hot Springs, this 1961 two-story home blends craftsmanship, history, and the quiet beauty of the Southern Black Hills. The custom wrought-iron spiral staircase—designed by the original owner—anchors the home with artistry and presence. The upper-level features three bedrooms, with two bathrooms, one on each floor, offering comfort and convenience. Main-level laundry adds ease to daily living, and the attached 1-stall garage with a small workshop area provides space for projects and storage. Set on 2.62 acres, the property includes a chicken coop and open land ready for animals, gardens, or future outbuildings. Large windows frame panoramic views of rolling prairie and distant hills, creating a sense of retreat and openness. Just minutes from Angostura Lake and a short drive to historic downtown Hot Springs, this home offers the rare combination of privacy, convenience, and natural beauty.

27835 Cascade Road, Hot Springs
$450,000
172969 MLS
This spacious 2.74-acre property located in Hot Springs, SD offers a unique opportunity with a combination of a warehouse and a manufactured home. (currently rented) The property features a well-maintained warehouse with 6180 sq ft, perfect for storage, business operations, or various commercial uses. The mobile home provides a comfortable living space with a cozy layout, ideal for on-site living or rental income. The expansive acreage offers plenty of room for expansion, outdoor activities, or potential development. With its prime location in Hot Springs, this property blends functionality and convenience, making it a great investment in a growing area. Property brings in rental money from home and signage due to corner lot visibility. Built in 1956 this location has been used for a warehouse trucking site and other businesses during it's tenure. Bring your commercial or investing ideas and create your future dreams in to an amazing possibility in the beautiful Southern Black Hills!

12932 Badger Clark Rd, Hot Springs
$400,000
3 Beds ⋅ 168107 MLS
This property has many opportunities for investment. Owner has accessed two underground springs. Located near Moccasin Springs. Owners are currently working on improvements.

1740 Minnekahta Ave, Hot Springs
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