Homes for Sale Between $1,000,000 to $1,500,000 in Lead, SD

Surrounded by the Black Hills and positioned on 0.68 acres in the highly sought-after Powder House Pass subdivision, this exceptional 6-bedroom, 4-bathroom retreat blends refined mountain luxury with the warmth of home. Located in one of the most desirable resort-style communities, this property is not only a stunning private getaway, but also an extremely successful vacation rental with strong appeal year-round. Designed for both elevated entertaining and everyday comfort, the residence showcases soaring vaulted ceilings, rich wood flooring, and a stunning gas fireplace that anchors the grand living space. The gourmet kitchen is beautifully appointed with granite countertops, a spacious island for gathering, and seamless flow into the dining area, where expansive windows frame picturesque outdoor views. The main-level primary suite offers a private sanctuary complete with a spa-inspired ensuite bath and generous walk-in closet. An additional bedroom and full bathroom on the main level provide convenience for guests or family. Upstairs, youâll find three additional bedrooms, a full bathroom, a secondary living area, and a dedicated office spaceâperfect for hosting guests or working remotely in style. Listed by Josiah LaFrance with L'Avance Capital and Real Estate (605) 786-3098 Co listed by Becca Ellendorf Keller Williams Black Hills (605) 569-6165

11312 Springwood Court, Lead

$1,450,000

6 Beds ⋅ 5 Baths ⋅ 89259 MLS

Experience luxury, comfort, and Black Hills charm in this stunning 6-bedroom, 4.5-bath home located in the highly sought-after Powder House Pass community. Whether used as a full-time residence, mountain getaway, or investment opportunity, this exceptional property offers the ideal setting to relax, entertain, and enjoy everything the Black Hills have to offer. Step inside to a spacious, thoughtfully designed floor plan featuring an inviting main living area with a beautiful fireplace and plenty of room to gather. The main-level primary suite offers comfort and convenience, while the open loft upstairs provides flexible space for a home office, reading nook, or additional lounge area. The lower level is designed for entertaining with an expansive family room, second fireplace, and wet barâperfect for game nights, holidays, or relaxing after a day of adventure. Step outside onto the spacious deck and take in the peaceful beauty of the Black Hills, from morning coffee surrounded by nature to quiet evenings under the stars. Located just minutes from hiking, snowmobiling, skiing, ATV trails, and the historic communities of Lead and Deadwood, this home offers year-round recreation with modern conveniences and premium finishes throughout. Luxury, space, and adventure await at 11264 Trolley Trail Court.

11264 Trolley Trail Court, Lead

$1,450,000

6 Beds ⋅ 179707 MLS

Experience the perfect blend of luxury, comfort, and Black Hills charm in this stunning home located in the highly sought-after Powder House Pass community. Whether you're searching for a full-time residence, mountain getaway, or investment opportunity, this exceptional property offers the ideal setting for creating unforgettable memories. Step inside to discover a spacious and thoughtfully designed floor plan featuring 6 bedrooms and 4.5 bathrooms, providing ample room for family and guests. The inviting living room welcomes you with a beautiful fireplace, while a second fireplace in the lower-level family room creates an additional cozy gathering space perfect for entertaining or relaxing after a day of adventure. The main-level primary suite offers comfort and convenience, while the open loft upstairs provides versatile space for a home office, reading nook, or additional living area. Downstairs, the entertainment continues with a wet bar and expansive family room, making it easy to host everything from game nights to holiday celebrations. Step outside onto the spacious deck and take in the breathtaking beauty of the Black Hills. Enjoy morning coffee surrounded by nature, spend evenings under the stars, and entertain guests in your own private mountain retreat. Located just minutes from year-round recreational activities, including hiking, snowmobiling, skiing, ATV trails, and the historic communities of Lead and Deadwood, this home offers the ultimate mountain lifestyle with modern conveniences and premium finishes throughout. Luxury, space, and adventure await at 11264 Trolley Trail Court—your Black Hills dream home starts here.

11264 Trolley Trail Ct, Lead

$1,425,000

4 Beds ⋅ 4 Baths ⋅ 89204 MLS

Listed by Shauna Sheets, KWBH, 605-545-5430. What would you do with nearly 20,000 acres of USFS as your backyard? Whether you're dreaming of a horse property, multi-generational living, pristine guest accommodations, or simply more room to breathe, this incredible property offers opportunities that are hard to find. The zero-entry main home was designed for comfortable, accessible living, featuring 14' vaulted ceilings, a wall of windows showcasing the views, and an open-concept layout perfect for entertaining. The spacious kitchen offers stainless steel appliances, a large island and a dining area with access to the covered patio. The private primary suite includes patio access, a walk-in closet and ensuite bathroom. A 48'x45 attached garage/shop and dedicated RV garage provide exceptional storage and workspace. The guest home offers incredible flexibility with its' own open floor plan, kitchen, laundry, two bedrooms, attached 15'x48' garage, and covered patio. Nestled in a PRIME Black Hills location, this property offers flexible living spaces surrounded by 11.36 acres of trees, gently rolling hillsides and endless recreation out your door. Gated access to USFS land. Nearly new construction gives peace of mind and quality finishes, including: Bosch appliances, Pella windows, quartz countertops, radiant in-floor heat, energy-efficient home mechanics, separate septic systems, RV pad with all utilities, plumbing in place for gas stove/fireplace, hot tub hookups and more!

22231 Us Highway 85, Lead

$1,095,000

6 Beds ⋅ 179173 MLS

Surrounded by the Black Hills and positioned on 0.68 acres in the highly sought-after Powder House Pass subdivision, this exceptional 6-bedroom, 4-bathroom retreat blends refined mountain luxury with the warmth of home. Located in one of the most desirable resort-style communities, this property is not only a stunning private getaway, but also an extremely successful vacation rental with strong appeal year-round. Designed for both elevated entertaining and everyday comfort, the residence showcases soaring vaulted ceilings, rich wood flooring, and a stunning gas fireplace that anchors the grand living space. The gourmet kitchen is beautifully appointed with granite countertops, a spacious island for gathering, and seamless flow into the dining area, where expansive windows frame picturesque outdoor views. The main-level primary suite offers a private sanctuary complete with a spa-inspired ensuite bath and generous walk-in closet. An additional bedroom and full bathroom on the main level provide convenience for guests or family. Upstairs, you’ll find three additional bedrooms, a full bathroom, a secondary living area, and a dedicated office space—perfect for hosting guests or working remotely in style. The walk-out lower level expands the home’s entertainment possibilities with a spacious family room, an additional bedroom, and a full bathroom. Outdoor living is equally impressive, offering multiple spaces to relax and unwind, including a covered deck with a hot tub, an open-air sun deck, and a covered patio designed for year-round enjoyment. The attached two-car garage provides ample space for vehicles, recreational gear, and all your Black Hills adventures. Listed by Josiah LaFrance with L'Avance Capital and Real Estate (605) 786-3098 Co listed by Becca Ellendorf Keller Williams Black Hills (605) 569-6165

11312 Springwood Ct, Lead

$1,089,900

5 Beds ⋅ 4 Baths ⋅ 88233 MLS

What if your mountain retreat didn't just pay for itself but welcomed guests long before you arrived? Set in the highly sought-after Powder House Pass community, this distinctive 5-bedroom retreat offers a seamless blend of modern design and proven rental performance. Offered fully furnished, this turnkey property is already producing strong income, with bookings secured into 2026 making it an exceptional opportunity for investors or those seeking a refined Black Hills getaway. Inside, clean lines, curated finishes, and thoughtful design create a warm, inviting atmosphere. The main living area is anchored by a striking slate fireplace, while an open staircase adds architectural interest without disrupting flow. Natural light enhances the homeâs elevated yet comfortable aesthetic. With over 3,400 sq. ft., the layout is ideal for hosting. The main level features 2 bedrooms, 2 bathrooms, and a dedicated office. The walk-out lower level offers 3 additional bedrooms and 2 bathrooms, creating multiple spaces for guests to gather and unwind. A wrap-around deck extends the living space outdoors, perfect for relaxing or entertaining in the Black Hills setting. Located minutes from Terry Peak and the Mickelson Trail, and directly across from the Powder House Pass clubhouse with heated pools, gathering spaces, and more. Strong guest reviews and repeat visitors highlight the homeâs welcoming appeal. To schedule a private tour, contact Cher Rhoades @ Oak & Key Realty 605.639.1158.

21310 Embers Way, Lead

$1,089,900

5 Beds ⋅ 178477 MLS

What if your mountain retreat didn't just pay for itself but welcomed guests long before you arrived? Set in the sought-after Powder House Pass community, this distinctive 5-bedroom retreat offers a unique blend of modern design and proven rental performance. Offered fully furnished, this turnkey property is already generating strong income, with bookings secured into 2026 making it an exceptional opportunity for both investors and those seeking a refined Black Hills getaway. Inside, the home features a thoughtfully designed layout with clean lines, curated finishes, and a warm, inviting feel throughout. The main living area is anchored by a striking slate fireplace, creating a cozy focal point, while an open staircase adds architectural interest and separation without sacrificing flow. Natural light and carefully selected design elements enhance the overall aesthetic. With over 3,400 sq. ft., the home is ideal for hosting. The main level includes 2 bedrooms, 2 bathrooms, and a dedicated office, while the walk-out lower level offers 3 additional bedrooms and 2 bathrooms—providing ample space for guests to gather and unwind. A wrap-around deck extends the living space outdoors, perfect for entertaining or relaxing in the surrounding Black Hills setting. Located just minutes from premier outdoor recreation including the Mickelson Trail and Terry Peak, the property also offers convenient access to the Powder House Pass clubhouse directly across the street, featuring a gathering area, kitchen, game room, and heated pools. Guest feedback consistently highlights the home’s comfortable, welcoming atmosphere, contributing to its strong rental history and repeat visitors. Whether you’re looking for a vacation home, investment property, or private retreat, this property delivers. To schedule a private tour, please contact Cher Rhoades @ Oak & Key Realty 605.639.1158.

21310 Embers Way, Lead

$1,025,000

5 Beds ⋅ 178350 MLS

This turn-key cabin is a must see! Schedule a private tour on this 5 bedroom, 4 bathroom, 2 car garage cabin nestled in the heart of the Black Hills. Step inside to the cozy main level heated by a gas log fireplace as well as featuring high vaulted ceilings, large windows and a nice open layout. Enjoy the views of nature and watch the wildlife roam through off the covered back deck. Upstairs is home to a sweet loft area, two bedrooms and one bathroom. Spend your night in the nice family room watching your favorite movie or prepare a nice drink at the wet bar. Powder House Pass is located near many hiking/biking trails, Historic Deadwood, and has its own clubhouse for your convenience. This is a great rental opportunity, vacation getaway, or even primary residence.

21246 Other 21246 Cozy Court, Lead

$1,025,000

5 Beds ⋅ 4 Baths ⋅ 88109 MLS

For more information, please contact listing agents Michael Warwick 605-641-2569 with Great Peaks Realty. This turn-key cabin is a must see! Schedule a private tour on this 5 bedroom, 4 bathroom, 2 car garage cabin nestled in the heart of the Black Hills. Step inside to the cozy main level heated by a gas log fireplace as well as featuring high vaulted ceilings, large windows and a nice open layout. Enjoy the views of nature and watch the wildlife roam through off the covered back deck. Upstairs is home to a sweet loft area, two bedrooms and one bathroom. Spend your night in the nice family room watching your favorite movie or prepare a nice drink at the wet bar. Powder House Pass is located near many hiking/biking trails, Historic Deadwood, and has its own clubhouse for your convenience. This is a great rental opportunity, vacation getaway, or even primary residence.

21246 Cozy Court, Lead

$1,449,000

177943 MLS

Build your mountain retreat in the exclusive Deer Mountain Village community. This 2.82-acre homesite offers privacy, space, and incredible scenery within a private gated development known as the highest elevation community east of the Rockies. Bordering expansive Forest Service land, the property provides immediate access to year-round outdoor recreation right from your future doorstep. Deer Mountain Village is designed for a luxury resort-style lifestyle, with planned amenities that include a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community clubhouse projected for completion in September 2026 will offer an inviting gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the slopes. Utilities are ready to support your custom build, including municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Conveniently located near the Englewood Trailhead of the Mickelson Trail and only minutes from Lead Country Club, this homesite combines luxury mountain living, privacy, and unmatched access to the Black Hills outdoors.

Lot 193 Deer Mountain Deer Mountain Village, Lead

$1,449,000

177942 MLS

Discover the rare opportunity to build within the exclusive gated community of Deer Mountain Village. This remarkable 3.42-acre homesite offers privacy, prestige, and sweeping Black Hills scenery from the highest elevation community east of the Rockies, with direct access to Forest Service land for year-round outdoor adventure. Planned amenities are designed to create a true resort-style mountain lifestyle, including a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community **clubhouse—anticipated for completion in September 2026—**will serve as a gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the mountain. The property itself features a beautiful natural rock formation, offering a unique opportunity to incorporate a distinctive architectural element into your custom home design. Infrastructure is already in place with municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Ideally located near the Englewood Trailhead of the Mickelson Trail and just minutes from Lead Country Club, this homesite delivers a rare combination of luxury, privacy, and unparalleled Black Hills recreation.

Lot 191 Deer Mountain Deer Mountain Village, Lead

$1,449,000

87766 MLS

Build your mountain retreat in the exclusive Deer Mountain Village community. This 2.82-acre homesite offers privacy, space, and incredible scenery within a private gated development known as the highest elevation community east of the Rockies. Bordering expansive Forest Service land, the property provides immediate access to year-round outdoor recreation right from your future doorstep. Deer Mountain Village is designed for a luxury resort-style lifestyle, with planned amenities that include a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community clubhouse projected for completion in September 2026 will offer an inviting gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the slopes. Utilities are ready to support your custom build, including municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Conveniently located near the Englewood Trailhead of the Mickelson Trail and only minutes from Lead Country Club, this homesite combines luxury mountain living, privacy, and unmatched access to the Black Hills outdoors. Listed by Jeffrey Herr, Real Broker LLC, 605-430-9549 and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 193 Deer Mountain Road, Lead

Homes for Sale in Lead, SD Between $1,000,000 to $1,500,000

All Lead, SD Homes for Sale Between $1,000,000 to $1,500,000

Pioneer Properties SD, Adam Johnson RE

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