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

$424,900
4 Beds ⋅ 3 Baths ⋅ 89759 MLS
Discover incredible space, versatility and sweeping views at 27927 Cascade Springs Road! Situated on just over nine acres, this meticulously maintained property features a three-bedroom, two-bath manufactured home on a permanent foundation. The interior is largely finished with sheetrock, giving the home a warm, residential feel. Currently operated as a successful Airbnb, the property has generated approximately $20,000–$40,000 in annual gross revenue, according to the seller. A separate ADU offers an additional bedroom, bathroom and kitchenette area. The kitchenette is plumbed for a sink, although no sink is currently installed or active. Enjoy remarkable views stretching toward Nebraska and Wyoming, while a beautiful canyon just beyond the property line attracts abundant wildlife. Conveniently located approximately 20 minutes from Wind Cave National Park and 45 minutes from the southern entrance to Custer State Park. Whether you are looking for a private Black Hills retreat, an income-producing property or a home with additional space for guests, this one-of-a-kind property offers exceptional possibilities. Buyer and buyer’s agent to verify all information, including acreage, financing eligibility, ADU status, rental income and driving distances.

27927 Cascade Springs Road, Hot Springs
$490,000
1 Beds ⋅ 1 Baths ⋅ 89672 MLS
Rare opportunity to own a cabin on 6 acres within city limits! Built in 2007, this charming 1-bedroom, 1-bath home offers the perfect blend of privacy, convenience, and Black Hills beauty. City water and sewer service the property, while the additional acreage provides even more room to explore, build, or simply enjoy the peaceful, wooded setting with panoramic views and easy year-round access. Inside, you'll find hardwood floors in the living room and bedroom, travertine flooring throughout the kitchen, dining area, and bathroom, and matching travertine tile countertops in the kitchen. The open kitchen and dining area creates a functional and inviting living space with bar seating at the kitchen counter as an added feature. Washer and dryer hookups add convenience, while new exterior doors and a new back deck make it easy to relax and take in the scenery. The cabin is finished with attractive log siding and a durable metal roof for low-maintenance living. Whether you're looking for a full-time residence, a vacation getaway in the Black Hills, or a place to live while building your dream home, this unique property offers endless possibilities. This property is also available as a 3.2-acre parcel with the cabin for buyers seeking a smaller acreage option. Don't miss this chance to own 6 acres of beautiful Black Hills property with city utilities already in place!

1835 Doran Road, Hot Springs
$490,000
180183 MLS
Discover the beauty and endless possibilities of this 60.48 acre property, consisting of two parcels in Nickel Subdivision just outside of Hot Springs. Featuring a beautiful mix of towering trees, open meadows, rolling hills, and level building areas, this property offers the ideal setting for your dream home, hobby ranch, or recreational retreat. Horses are welcome, giving you plenty of room to enjoy country living while remaining close to town. Multiple potential building sites allow you to choose the perfect location to take advantage of the surrounding views and natural landscape. Electric is close by, adding convenience for future development. Enjoy easy year-round access with less than a 1/4 mile of gravel road leading to the property. Whether you're looking for privacy, space to roam, or a beautiful Black Hills setting to build your forever home, this exceptional acreage offers the best of both worlds, peaceful rural living with convenient access to Hot Springs and nearby recreation. Don't miss this rare opportunity to own over 60 acres of scenic Black Hills land!

TBD Nickel St, Hot Springs
$490,000
89630 MLS
Discover the beauty and endless possibilities of this 60.48 acre property, consisting of two parcels in Nickel Subdivision just outside of Hot Springs. Featuring a beautiful mix of towering trees, open meadows, rolling hills, and level building areas, this property offers the ideal setting for your dream home, hobby ranch, or recreational retreat. Horses are welcome, giving you plenty of room to enjoy country living while remaining close to town. Multiple potential building sites allow you to choose the perfect location to take advantage of the surrounding views and natural landscape. Electric is close by, adding convenience for future development. Enjoy easy year-round access with less than a 1/4 mile of gravel road leading to the property. Whether you're looking for privacy, space to roam, or a beautiful Black Hills setting to build your forever home, this exceptional acreage offers the best of both worlds—peaceful rural living with convenient access to Hot Springs and nearby recreation. Don't miss this rare opportunity to own over 60 acres of scenic Black Hills land!

TBD Nickel Drive, Hot Springs
$409,000
4 Beds ⋅ 2 Baths ⋅ 89539 MLS
Listed with Denise Haden, CENTURY 21 ClearView Realty, (605) 890-0278. Discover this unique, custom-built 3-level A-frame home offering 4 bedrooms, 2 bathrooms, and a dedicated main-floor office within 2,312 square feet of finished space. Perfectly situated on a spacious .55-acre lot in town, this property features beautiful oak trim throughout and an incredible 3-car attached garage with a fantastic workspace. Families will love living just two blocks from the elementary school! Built in 1997, the home welcomes you with abundant natural light from beautiful skylights and premium Pella windows. The functional 3-level layout includes convenient washer and dryer hookups on both the main and upper floors, a central vac system, and a jacuzzi tub in main bath. Many gorgeous views of the surrounding area. The unfinished basement offers immense potential, featuring two egress windows ready for custom bedroom designs, plus plumbing already prepped for an additional bathroom. Whether you're relaxing on the expansive lot or utilizing the massive garage workspace, this property perfectly combines daily convenience with distinct, custom architecture.

2233 Lincoln Avenue, Hot Springs
$409,000
4 Beds ⋅ 180066 MLS
Listed with Denise Haden, CENTURY 21 ClearView Realty, (605) 890-0278. Discover this unique, custom-built 3-level A-frame home offering 4 bedrooms, 2 bathrooms, and a dedicated main-floor office within 2,312 square feet of finished space. Perfectly situated on a spacious .55-acre lot in town, this property features beautiful oak trim throughout and an incredible 3-car attached garage with a fantastic workspace. Families will love living just two blocks from the elementary school! Built in 1997, the home welcomes you with abundant natural light from beautiful skylights and premium Pella windows. The functional 3-level layout includes convenient washer and dryer hookups on both the main and upper floors, a central vac system, and a jacuzzi tub in main bath. Many gorgeous views of the surrounding area. The unfinished basement offers immense potential, featuring two egress windows ready for custom bedroom designs, plus plumbing already prepped for an additional bathroom. Whether you're relaxing on the expansive lot or utilizing the massive garage workspace, this property perfectly combines daily convenience with distinct, custom architecture.

2233 Lincoln Ave, Hot Springs
$429,900
4 Beds ⋅ 2 Baths ⋅ 89342 MLS
In the heart of Hot Springs; walk to the River Street area and enjoy all the restaurants and happenings; Moccasin Springs right down the street. This 4 bedroom/2 bathroom home has many upgrades and ample space. BEAUTIFUL kitchen remodel; subway tile backsplash, movable island; this is a must see! Open to the living room, great for entertaining. Large master bedroom on the main floor with its own bathroom. Main floor laundry. The basement bedroom is non-conforming and could also make office space, work out area, or extra storage. There is plenty of storage in this home! Small loft on the second story for tv watching/gaming (couch and entertainment will stay). Huge, detached garage, plus plenty of parking spots in the back of the property for a camper, etc. No HOA/covenants in this subdivision. HUGE yard, enjoy the outdoors right in town. Original home built in 1923; addition built in 1984. A 50' well is available that runs the sprinkler system for the lawn. Chicken coop included and chickens can stay if the buyer would like. Roof and gutters replaced in fall of 2025.

2138 Minnekahta Avenue, Hot Springs
$419,900
3 Beds ⋅ 179590 MLS
This 3-bedroom one bathroom home is located just a few miles from Hot Springs near Angostura Lake. It has a total of 5 acres with no covenants, such beautiful views, and fruit trees, there is so many options for use of this space. New septic, water heater and newer roof and some new windows. Home is hooked up to rural water and well for watering grounds. Very large jack-n-jill style bathroom with laundry hook up. This property is owned by family of realtor.

27932 Hwy 385, Hot Springs
$439,900
2 Beds ⋅ 2 Baths ⋅ 89089 MLS
Nestled along the Southern Hills Golf Course and tucked against a backdrop of mature pine trees, this beautifully maintained executive one-level 2-bedroom, 2-bath townhome offers the perfect blend of privacy, comfort, and low-maintenance Black Hills living. Situated in a quiet, low-traffic location, the home features durable LP SmartSide siding, a newer roof, attractive curb appeal, and inviting outdoor living spaces designed for relaxation and convenience. Inside, you'll find fresh paint and new luxury vinyl flooring throughout, creating a bright, updated feel. The open-concept floor plan seamlessly connects the kitchen, dining area, and living room, making it ideal for both entertaining and everyday living. The kitchen showcases beautiful hickory cabinetry, granite countertops, and abundant workspace. The spacious primary suite serves as a private retreat with a large walk-in closet and an ensuite bath featuring double copper sinks and a walk-in shower. A second bedroom offers comfortable accommodations for guests and also includes a generous walk-in closet. The laundry room is conveniently equipped with a utility sink, and the attached two-car garage provides ample space for vehicles, storage, and golf course essentials. Step outside to enjoy your Black Hills setting from the private patio, complete with a custom pergola, outdoor fireplace, attractive retaining wall, mature landscaping, and privacy fencing—perfect for relaxing with a morning coffee or entertaining.

2124 Bison Pass, Hot Springs
$475,000
89045 MLS
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs’ vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

509 N River Street, Hot Springs
$475,000
179468 MLS
This charming, historic building, located along the picturesque North River Street corridor, offers excellent customer accessibility in the heart of Hot Springs’ vibrant downtown district. Known for its distinctive sandstone architecture, soothing mineral springs, and therapeutic waters, this area is also home to a delightful mix of local shops, restaurants, and entertainment. The main level has long served as a cozy café and coffee shop, while the second-floor apartment is currently undergoing a complete remodel, presenting an exciting opportunity for customization. Offered for sale by the owners, this prime commercial real estate is zoned for commercial use and offers incredible versatility. Whether continuing a restaurant venture, launching a new retail business, or exploring other entrepreneurial possibilities, this space provides a solid foundation for success. The sale includes real estate only; business operations, FF&E (furniture, fixtures, and equipment), and inventory are not included, though they can be negotiated separately. A gateway to outdoor adventures, Hot Springs is perfectly positioned for exploration of the surrounding Black Hills region, with attractions like Wind Cave National Park, Custer State Park, and the Mammoth Site just a short drive away. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

509 N River St, Hot Springs
$465,000
3 Beds ⋅ 179091 MLS
Bring us an offer! 2.72 acres with a 2018 zero-entry, ADA-accessible single-level home just outside Hot Springs. Combinations like this are becoming increasingly difficult to find in the southern Black Hills. Located in Cobblestone Mountain Estates roughly one mile north of town off Highway 385, this property offers the balance buyers keep chasing, space, privacy, views, and convenience without feeling disconnected. Inside, the home offers 1,555 sq ft with 3 bedrooms, 2 bathrooms, vaulted ceilings, walk-in closets, low-maintenance flooring, and an open single-level layout designed for practical everyday living. The primary suite adds comfort and privacy, while multiple mini split systems, Cove heat, an on-demand gas water heater, and a whole-house water filtration system add everyday efficiency. The home sits on a slab foundation and includes an attached finished 2-car garage. Outside, the 2.72-acre lot provides usable space, Black Hills views from nearly every window, and a low-covenant setting that gives the property breathing room without putting you far from town. Hospital, VA, schools, groceries, and downtown Hot Springs are all just minutes away. For buyers looking for acreage, accessibility, newer construction, and easy year-round living near Hot Springs, this one checks boxes that rarely show up together. Listed by Henry Ulrich, Ascend Realty, 605-490-2040.

12929 Sapphire Ln, Hot Springs
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