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Acreage Homes for Sale in Lead, SD

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Welcome to your dedicated resource for acreage homes for sale in Lead, 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 Lead, 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 acreage properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Acreage Homes for Sale in Lead, SD

$999,000
4 Beds ⋅ 5 Baths ⋅ 87237 MLS
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information or to schedule a showing of this impressive Black Hills cabin. Situated on 3.34 acres, this fully furnished home offers zero-entry (no steps to enter) and main level living, making it perfect for all stages of life. Whether you're looking for a move in ready home, vacation rental, family getaway cabin, or a retirement home, this is sure to check many boxes. Featuring four spacious bedrooms, including not one, not two, but three ensuites — a true rarity that ensures privacy and comfort for everyone in the household. The convenience of main-level laundry and an additional laundry area upstairs elevates everyday living, making chores less of a hassle. Conveniently located within the desirable Paradise Acres Subdivision, between Spearfish and Deadwood, makes daily errands a breeze and year-round entertainment is just a short drive away. Paradise Acres features city water, high speed internet, natural gas, and good access.

20752 Morning Star Road, Lead
$1,299,999
4 Beds ⋅ 177173 MLS
This custom-built rustic retreat is tucked away on 7.66 acres just off of Maitland Road in Paradise Acres III, with close proximity to the surrounding recreation throughout the Northern Black Hills, right outside your door! The 3200+ sq ft home will come fully furnished, move-in ready or ready for you to operate as an established vacation rental! This property is built to showcase the expansive views of the Black Hills to be enjoyed from every space of this home or the large back deck. The main level offers vaulted, rustic tongue and groove ceiling and gas fireplace in the living area, open concept to a spacious kitchen featuring a center island, granite countertops and pantry offering additional storage. Main floor also includes a 2nd bedroom and bathroom in addition to the primary suite with double sink vanity, tiled shower, access to the deck and barn-door accent, plus full laundry hookups in the walk-in closet. Appreciate a heated 2-car garage completely finished with epoxy floors. The large basement is a great space for entertaining with a wet bar, gas fireplace, walkout to the outdoor private patio to enjoy the hot tub, plus two additional bedrooms and full bathroom. The listing includes the neighboring 5+ acre lot for room to expand this mountain oasis to complete your forever dream home!

20829 Morning Star Rd, Lead
$1,299,999
4 Beds ⋅ 3 Baths ⋅ 87218 MLS
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. This custom-built rustic retreat is tucked away on 7.66 acres just off of Maitland Road in Paradise Acres III, with close proximity to the surrounding recreation throughout the Northern Black Hills, right outside your door! The 3200+ sq ft home will come fully furnished, move-in ready or ready for you to operate as an established vacation rental! This property is built to showcase the expansive views of the Black Hills to be enjoyed from every space of this home or the large back deck. The main level offers vaulted, rustic tongue and groove ceiling and gas fireplace in the living area, open concept to a spacious kitchen featuring a center island, granite countertops and pantry offering additional storage. Main floor also includes a 2nd bedroom and bathroom in addition to the primary suite with double sink vanity, tiled shower, access to the deck and barn-door accent, plus full laundry hookups in the walk-in closet. Appreciate a heated 2-car garage completely finished with epoxy floors. The large basement is a great space for entertaining with a wet bar, gas fireplace, walkout to the outdoor private patio to enjoy the hot tub, plus two additional bedrooms and full bathroom. The listing includes the neighboring 5+ acre lot for room to expand this mountain oasis to complete your forever dream home!

20829 Morning Star Road, Lead
$3,463,676
177089 MLS
The sky is the limit with this 231.68 acre property south of Deadwood & Lead. Privacy or development potential – the choice is yours. The property has many beautiful vantage points with several ideal building sites scattered throughout the property. Power is nearby – buyer to verify to their own satisfaction. Information was taken from county records, and buyer responsible for verifying all information on this MLS document. If utilities are in the area, it is the buyer’s responsibility to verify to their satisfaction for the availability and location. Full & final legal description to be determined by Title.

231.68 Acres White Forest Rd & Yellow Creek Road, Lead
$3,463,676
87155 MLS
Contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. The sky is the limit with this 231.68 acre property south of Deadwood & Lead. Privacy or development potential – the choice is yours. The property has many beautiful vantage points with several ideal building sites scattered throughout the property. Power is nearby – buyer to verify to their own satisfaction. Information was taken from county records, and buyer responsible for verifying all information on this MLS document. If utilities are in the area, it is the buyer’s responsibility to verify to their satisfaction for the availability and location. Full & final legal description to be determined by Title.

231.68 Acres Yellow Creek Road, Lead
$3,840,000
4 Beds ⋅ 177080 MLS
A rare opportunity to build a thoughtfully designed luxury mountain home where architecture, lifestyle, and location come together seamlessly. Private tours and additional details available by contacting Cher Rhoades, Oak & Key Realty – 605.639.1158. Luxury Mountain Home | Deer Mountain Village – Lot 55 4,750 Sq. Ft. | 3 Bedrooms + Office | 3.5 Bathrooms Thoughtfully designed to embrace its natural surroundings, this proposed 4,750 sq. ft. mountain residence blends modern luxury with functional design in the sought-after Deer Mountain Village community. The main level features an open-concept living, dining, and kitchen area with expansive windows and direct access to multiple outdoor decks and patios—ideal for entertaining and indoor-outdoor living. The kitchen includes a large island, walk-in pantry, and seamless flow into the dining space. The primary suite is privately located on the main level and offers a spacious walk-in closet and spa-inspired bathroom. A dedicated office, powder room, generous storage, and well-designed entry complete the main floor. An attached multi-car garage connects through a functional mudroom and mechanical/storage area. The walk-out lower level includes a large family room/media space with access to an additional patio, two additional bedrooms, bathrooms, laundry, and ample storage. A private home gym and sauna enhance the home’s luxury retreat appeal. Located in Deer Mountain Village, offering year-round recreation including skiing, hiking, biking, and outdoor adventure—just minutes from Spearfish and the Northern Black Hills.

Lot 84R Deer Mountain Resort, Lead
$3,840,000
4 Beds ⋅ 4 Baths ⋅ 87140 MLS
A rare opportunity to build a thoughtfully designed luxury mountain home where architecture, lifestyle, and location come together seamlessly. Private tours and additional details available by contacting Cher Rhoades, Oak & Key Realty – 605.639.1158. Luxury Mountain Home | Deer Mountain Village – Lot 55 4,750 Sq. Ft. | 3 Bedrooms + Office | 3.5 Bathrooms Thoughtfully designed to embrace its natural surroundings, this proposed 4,750 sq. ft. mountain residence blends modern luxury with functional design in the sought-after Deer Mountain Village community. The main level features an open-concept living, dining, and kitchen area with expansive windows and direct access to multiple outdoor decks and patios—ideal for entertaining and indoor-outdoor living. The kitchen includes a large island, walk-in pantry, and seamless flow into the dining space. The primary suite is privately located on the main level and offers a spacious walk-in closet and spa-inspired bathroom. A dedicated office, powder room, generous storage, and well-designed entry complete the main floor. An attached multi-car garage connects through a functional mudroom and mechanical/storage area. The walk-out lower level includes a large family room/media space with access to an additional patio, two additional bedrooms, bathrooms, laundry, and ample storage. A private home gym and sauna enhance the home’s luxury retreat appeal. Located in Deer Mountain Village, offering year-round recreation.

Lot 84 Deer Mountain Road, Lead
$359,000
87100 MLS
Beautiful lot in the South Ridge Estates of Powder House Pass. These larger lots offer great views and a little more space and privacy. Close to the snowmobile trails and just minutes from Terry Peak ski area and Spearfish Canyon. Hop of the Mikkelson trail at the Englewood trailhead for hiking and biking. Deadwood is a short ride away for a night on the town. Relax at the Community Club House with pools, splash pad and game room. Photos are of general area and lines are not exact property lines.

TBD Lofty Pines Ct, Lead
$189,000
86970 MLS
Check out this PRIME piece of real estate in the heart of Powder House Pass subdivision in Lead, South Dakota! Priced at just under $124 an acre, this 1.53-acre lot is an incredible opportunity for its new owner to build their dream home or vacation retreat. Located at Lot 8, Block 5, Trailside Addition, this property offers breathtaking views of the surrounding mountains and lush forests. Whether you're looking for a personal getaway or a vacation rental investment, this lot is perfectly situated for outdoor enthusiasts—hiking, fishing, and adventure await right outside your door. Plus, you're just minutes from downtown Lead. Don’t miss out on this rare opportunity to own a slice of paradise, priced to sell and ready for your vision! Contact me today for more details. ?? Cher Rhoades | Oak & Key Realty ?? (605) 639-1158 Conveniently located with easy, direct access to: Highway 85, 14A, with continued access to Interstate 90 The Mickelson Trail: 0.5 miles Lead: 3 miles Historic Deadwood: 5 miles Spearfish Canyon: 5 miles Snowmobile Trails: direct access Terry Peak Ski Area: 6 miles

Lot 8 Block 5 Trailside Loop, Lead
$189,000
176867 MLS
Check out this PRIME piece of real estate in the heart of Powder House Pass subdivision in Lead, South Dakota! Priced at just below $124 an acre, this 1.53-acre lot is an incredible opportunity for its new owner to build their dream home or vacation retreat. Located at Lot 8, Block 5, Trailside Addition, this property offers breathtaking views of the surrounding mountains and lush forests. Whether you're looking for a personal getaway or a vacation rental investment, this lot is perfectly situated for outdoor enthusiasts—hiking, fishing, and adventure await right outside your door. Plus, you're just minutes from downtown Lead. Don’t miss out on this rare opportunity to own a slice of paradise, priced to sell and ready for your vision!

Lot 8 Trailside Loop Lot 8 Block 5 Trailside Loop, Lead
$535,000
2 Beds ⋅ 176757 MLS
Listed with TJ Wojtanowicz - Black Hills Realty - 605-863-1920. Looking for an affordable cabin in the Black Hills with NO covenants? This newly built getaway offers incredible views, privacy, and modern finishes throughout! Inside, you’ll enjoy durable LVP flooring, vaulted ceilings, a cozy propane fireplace, and a well-designed kitchen featuring quartz countertops, ample cabinetry, and a tankless water heater. The cabin includes 2 nice-sized bedrooms and 2 full bathrooms, along with a propane furnace and shared well. Outside, relax on either of the two large covered decks, take in views of Terry Peak, all situated on 1.2 acres, making it the ultimate Black Hills retreat. The adjoining lot (1.20 Acres) can also be available for sale. Call today to schedule your private showing!

11837 Golden Ridge Rd, Lead
$239,412
86882 MLS
Quite Possibly One of the Most Spectacular View Lots in The Hills! Adjoins county-maintained road. Literally 2,500 feet to the ski runs at Terry Peak. Power to the lot. Build your Black Hills Dream Home at 6,600-foot elevation.

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