Explore Homes for Sale in Keystone, SD

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Explore a wide variety of homes for sale in Keystone, South Dakota, offering a unique blend of small-town charm and access to iconic landmarks. Find your perfect property amidst the beauty of the Black Hills.

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Keystone, SD: Your Gateway to Black Hills Living

Keystone, South Dakota, provides a distinctive setting for homeowners seeking a balance of tranquility and adventure. From cozy cabins to spacious family residences, discover the diverse selection of homes available in this historic town.

Exploring the Keystone Real Estate Market

Finding Your Ideal Home

The real estate market in Keystone presents a spectrum of opportunities. To begin, consider your lifestyle needs and preferences. Are you seeking a vacation retreat, a permanent residence, or an investment property? Defining your goals is the first step in a successful home search.

Types of Homes Available

Keystone boasts a variety of home styles, each with its own unique appeal. Furthermore, you can explore charming bungalows, modern houses, and traditional family homes, ensuring there's something to suit every taste.

Life in Keystone and The Black Hills

A Vibrant Community

Keystone is more than just a place to live; it's a community. In addition to its proximity to Mount Rushmore, it offers a welcoming environment and a range of local businesses.

Outdoor Recreation and Attractions

Living in Keystone means being surrounded by natural beauty. Therefore, residents enjoy easy access to hiking, biking, and other outdoor activities. Nearby attractions add to the town's allure.

Pioneer Properties SD - Adam Johnson RE: Your Keystone Real Estate Partner

Pioneer Properties SD, with Adam Johnson RE, offers comprehensive knowledge of the Keystone real estate market. For those looking for guidance, Adam Johnson RE can help navigate the process of finding your perfect home in Keystone.

Newest Homes for Sale in Keystone, SD

$525,000
2 Beds ⋅ 2 Baths ⋅ 89471 MLS
Welcome to this beautifully updated, single-level mountain retreat offering comfort, style, and excellent income potential. This turnkey property is currently operating as a successful short term rental and provides a fantastic opportunity for a full-time residence, vacation getaway, or investment property. Featuring a thoughtfully designed one-level floor plan, this home offers easy living with modern updates throughout. The inviting exterior showcases low-maintenance finishes, a spacious covered front patio, and a peaceful setting surrounded by mature pine trees. Inside, enjoy a bright and functional layout with contemporary finishes and comfortable living spaces designed for relaxation and entertaining. The private outdoor living area is a true highlight, featuring a covered patio, privacy fenced backyard, hot tub, and space to gather with friends and family while enjoying the natural surroundings. The property’s location provides a tranquil escape while still offering convenient access to nearby recreation, amenities, and outdoor adventures. Whether you’re looking for a proven short-term rental investment, a second home, or a place to call your own, this updated one-level property offers the perfect blend of comfort, convenience, and mountain charm. Listed by Jon Mehlhoff, eXp Realty, 605.593.2763.

24227 Granite Point Court, Keystone
$525,000
2 Beds ⋅ 179909 MLS
Welcome to this beautifully updated, single-level mountain retreat offering comfort, style, and excellent income potential. This turnkey property is currently operating as a successful short term rental and provides a fantastic opportunity for a full-time residence, vacation getaway, or investment property. Featuring a thoughtfully designed one-level floor plan, this home offers easy living with modern updates throughout. The inviting exterior showcases low-maintenance finishes, a spacious covered front patio, and a peaceful setting surrounded by mature pine trees. Inside, enjoy a bright and functional layout with contemporary finishes and comfortable living spaces designed for relaxation and entertaining. The private outdoor living area is a true highlight, featuring a covered patio, privacy fenced backyard, hot tub, and space to gather with friends and family while enjoying the natural surroundings. The property’s location provides a tranquil escape while still offering convenient access to nearby recreation, amenities, and outdoor adventures. Whether you’re looking for a proven short-term rental investment, a second home, or a place to call your own, this updated one-level property offers the perfect blend of comfort, convenience, and mountain charm. Listed by Jon Mehlhoff, eXp Realty, 605.593.2763.

24227 Granite Point Ct, Keystone
$2,490,000
89368 MLS
LOCATION, LOCATION, LOCATION! Own the CLOSEST HOTEL to MOUNT RUSHMORE! Currently Super 8 by Wyndham! Lewis Realty proudly presents the closest hotel to Mount Rushmore National Memorial in the Beautiful Black Hills of South Dakota. This hospitality listing has three stories, 42 rooms, and services - including breakfast lounge area, ice machines, guest laundry, and currently unused pool building. Seller has done many upgrades over the past few years with new exterior carpet this year. Located right next to the bustling Keystone Strip Mall with coffee shops, restaurant/bars, and gift shops galore. This is the last year of the Wyndham Flag contract meaning it is wide open to decide if you'd like to pick a different flag or do your own BOUTIQUE HOTEL! It is priced well below replacement cost at under 60,000 per key. It is being sold as an asset purchase as current financials do not reflect what the property can do due to extenuating circumstances of the seller. Do your own math and make this your own. This section of Highway 16A has the HIGHEST TRAFFIC COUNT in the entire Black Hills during the summer tourist months and Keystone is the busiest summer tourist town in the Black Hills. Have a look at this one of a kind opportunity!

702 Highway 16a, Keystone
$459,999
179639 MLS
Nestled in the heart of the quaint and historic town of Keystone, SD, this spacious and beautifully maintained 6-bedroom, 2.5-bath home offers comfort, versatility, and peaceful Black Hills living at its finest. Surrounded by mature trees in a quiet, serene setting, you’ll love the sense of privacy while still being close to everything Keystone has to offer. With two full levels featuring separate entrances and separate meters, this property provides incredible flexibility—ideal for multi-generational living, rental income potential, or hosting extended guests. Each level includes its own kitchen and laundry area, making day-to-day living convenient and independent for occupants on both floors. Inside, you’ll find generous living spaces, well-sized bedrooms, and a layout designed for both comfort and functionality. The home has been very well maintained, reflecting pride of ownership throughout. Large windows invite in natural light and showcase the surrounding trees and tranquil setting. A 2-car garage provides ample space for parking and storage, while the peaceful location ensures you can relax and enjoy the beauty of the Black Hills. Whether you're looking for a primary residence, investment opportunity, or a home with room to grow, this unique Keystone property is full of possibilities.

907 Fouse St, Keystone
$1,200,000
4 Beds ⋅ 179550 MLS
Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home offers over 3,600 square feet, an attached two-car garage, generous living space, and a newly redone covered wraparound porch designed to take in the surrounding views. The property is framed by beautiful hills, including a large natural hillside backdrop that creates a private, tucked-away feel and excellent views. A separate cottage with a loft creates valuable flexibility for guests, extended living, a studio, office, hunting lodge setup, or potential rental use depending on buyer needs and applicable rules. With two parcels totaling 3.72 and 3.38 acres, the property offers space, separation, and long-term versatility that is difficult to find. Beautiful scenery, quiet roads, Forest Service adjacency, multiple living spaces, and a setting that feels peaceful and private make this a standout property for those seeking a Black Hills retreat, full-time residence, multi-generational setup, lodge-style getaway, or investment-minded opportunity. Properties with this combination of acreage, privacy, secondary living space, and location are rare.

24492 Oak Meadows Ct 24494 Oak Meadows Ct, Keystone
$1,200,000
4 Beds ⋅ 3 Baths ⋅ 89109 MLS
Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home offers over 3,600 square feet, an attached two-car garage, generous living space, and a newly redone covered wraparound porch designed to take in the surrounding views. The property is framed by beautiful hills, including a large natural hillside backdrop that creates a private, tucked-away feel and excellent views. A separate cottage with a loft creates valuable flexibility for guests, extended living, a studio, office, hunting lodge setup, or potential rental use depending on buyer needs and applicable rules. With two parcels totaling 3.72 and 3.38 acres, the property offers space, separation, and long-term versatility that is difficult to find. Beautiful scenery, quiet roads, Forest Service adjacency, multiple living spaces, and a setting that feels peaceful and private make this a standout property for those seeking a Black Hills retreat, full-time residence, multi-generational setup, lodge-style getaway, or investment-minded opportunity. Properties with this combination of acreage, privacy, secondary living space, and location are rare.

24492 Oak Meadows Court, Keystone
$175,000
89099 MLS
Listed by Kerry Engelmann with Hayden Outdoors at 605.484.4325. Own a piece of the Black Hills on 4.42 acres in the established Rushmore Ranch Estates, a community of custom homes just 13 minutes from Keystone and 30 from Rapid City. This is a legally platted lot of record in a maintained subdivision, not raw acreage, set along Borglum Road in one of the most sought-after residential corridors in the Hills. The lot is divided almost evenly between open grassland and mature Ponderosa pine, with 147 feet of elevation change that opens strong view potential toward Mount Rushmore and the surrounding granite peaks. Rocky outcroppings, towering pines, and gentle upper benches give the property genuine character and a natural, private setting for your future home. Recreation here is second to none. Mount Rushmore National Memorial is minutes away, with Custer State Park and its free-roaming bison herd, Black Elk Peak, Crazy Horse Memorial, Jewel Cave, and Wind Cave all within day-trip range. Whitetail deer and wild turkey move across the property, and miles of Black Hills National Forest trails wait just beyond. This is a rare chance to build your legacy home or weekend escape in the heart of the Black Hills, surrounded by quality custom residences and some of the most iconic country in the American West. Bring your plans and your horses and claim your place at the gateway to Mount Rushmore.

13752 Borglum Road, Keystone
$459,999
6 Beds ⋅ 179464 MLS
Nestled in the heart of the quaint and historic town of Keystone, SD, this spacious and beautifully maintained 6-bedroom, 2.5-bath home offers comfort, versatility, and peaceful Black Hills living at its finest. Surrounded by mature trees in a quiet, serene setting, you’ll love the sense of privacy while still being close to everything Keystone has to offer. With two full levels featuring separate entrances and separate meters, this property provides incredible flexibility—ideal for multi-generational living, rental income potential, or hosting extended guests. Each level includes its own kitchen and laundry area, making day-to-day living convenient and independent for occupants on both floors. Inside, you’ll find generous living spaces, well-sized bedrooms, and a layout designed for both comfort and functionality. The home has been very well maintained, reflecting pride of ownership throughout. Large windows invite in natural light and showcase the surrounding trees and tranquil setting. A 2-car garage provides ample space for parking and storage, while the peaceful location ensures you can relax and enjoy the beauty of the Black Hills. Whether you're looking for a primary residence, investment opportunity, or a home with room to grow, this unique Keystone property is full of possibilities.

907 Fouse St, Keystone
$350,000
1 Beds ⋅ 179407 MLS
Listed with Jill VantHul, Black Hills Realty 605-593-3242. Welcome to your own piece of Black Hills history at 432 Lafferty Gulch Road. Tucked quietly among the pines and surrounded by Forest Service land, it was built in 1928 to house one of the engineers who worked on the construction of Mt Rushmore. You can walk the same trail to Mt Rushmore today that the engineer walked then. Over the last 20+ years this vintage cabin has been meticulously maintained and upgraded. Improvements: Septic Tank 1500 gal 2005 - Well 265 ft with buried supply line 2005 - Electrical updated 2009 - Windows replaced 2012 - Security System 2018 - Roof replaced 2020 - Deck/Railing 2022 - Foundation (Post & Pier) 2022 - Gravel Driveway resurfaced 2023 - Exterior Doors with blinds 2023 - Maintenance Free Siding & Trim 2023 - Fireplace tuck pointing 2024. Perfectly situated on leased Forest Service land in the central Hills and only minutes from the 1880 Train, Hill City, and Keystone. Don't miss your chance to own this iconic cabin near Keystone.

432 Lafferty Gulch Rd, Keystone
$350,000
1 Beds ⋅ 1 Baths ⋅ 89004 MLS
Listed with Jill VantHul, Black Hills Realty 605-593-3242. Welcome to your own piece of Black Hills history at 432 Lafferty Gulch Road. Tucked quietly among the pines and surrounded by Forest Service land, it was built in 1928 to house one of the engineers who worked on the construction of Mt Rushmore. You can walk the same trail to Mt Rushmore today that the engineer walked then. Over the last 20+ years this vintage cabin has been meticulously maintained and upgraded. Improvements: Septic Tank 1500 gal 2005 - Well 265 ft with buried supply line 2005 - Electrical updated 2009 - Windows replaced 2012 - Security System 2018 - Roof replaced 2020 - Deck/Railing 2022 - Foundation (Post & Pier) 2022 - Gravel Driveway resurfaced 2023 - Exterior Doors with blinds 2023 - Maintenance Free Siding & Trim 2023 - Fireplace tuck pointing 2024. Perfectly situated on leased Forest Service land in the central Hills and only minutes from the 1880 Train, Hill City, and Keystone. Don't miss your chance to own this iconic cabin near Keystone.

432 Lafferty Gulch, Keystone
$365,900
2 Beds ⋅ 1 Baths ⋅ 88865 MLS
Nestled on 5.22 acres of secluded woodland, this 2017-built home offers the ultimate retreat for those seeking peace, privacy, and a true connection with nature. Built on reinforced piers sunk into granite, the home is solidly anchored and thoughtfully designed for its natural setting.Enjoy watching abundant wildlife, exploring your wooded surroundings, or simply relaxing by the warmth of the wood-burning stove in the livingroom. The property also includes a shed for extra storage and a spacious 48x48 Quonset Hut Garage—perfect for vehicles, projects, orhobbies. Located near Keystone, SD, with easy access to Mount Rushmore and famous Black Hills adventures, this is a must-see! Book your showings today. Listed by Rory Sturm, Blair Allen Luxury Real Estate, 719-510-4025

24427 Thovson Road, Keystone
$674,900
88767 MLS
ABSOLUTELY STUNNING LAND OPPORTUNITY! Discover 30+ fantastic acres along Hwy 40 near Rushmore Cave. With a well already in place, power in place, and no covenants, the possibilities are endless—build your dream home, create a private retreat, establish a business venture, or simply enjoy the freedom of owning a rare piece of land in an INCREDIBLE LOCATION. This remarkable property features two gated highway access points for easy year-round entry and showcases beautifully varied topography with rolling terrain, rock outcroppings, trees, and open meadow spaces. Climb to the top and take in the truly WONDERFUL VIEWS of Black Elk Peak and the surrounding Hills—views that make this parcel feel like your own private slice of paradise. Finding acreage with this kind of highway access, natural beauty, and flexibility is incredibly rare. Adding even more value, the existing billboard located on the property will transfer to the buyer - buyer can choose to utilize, rent out, or dismantle. Sheds on the property will stay. Seller did lots of new fencing, too! Whether you’re seeking investment potential, recreational land, or the ultimate Black Hills escape, this precious jewel is a one-of-a-kind opportunity!

13660 Highway 40, Keystone
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