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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

$299,900
178145 MLS
Rare cul-de-sac opportunity in Powder House Pass—where your Black Hills escape and next investment come together. This 1.66-acre homesite offers the space, privacy, and setting buyers are actively searching for, making it an ideal foundation for a custom retreat, high-performing vacation rental, or both. Imagine designing a home that captures the surrounding scenery, where guests arrive for the experience—and return for it. With electric, gas, and water already in place, you’re one step closer to bringing that vision to life while reducing build complexity and timelines. Located in one of the area’s most sought-after communities, you’ll find yourself just minutes from Terry Peak Ski Area, Historic Deadwood, and an extensive network of trails, creating year-round demand and lifestyle appeal. The community enhances the experience with a clubhouse, two swimming pools, paved roads, and HOA-covered snow removal and road maintenance—making ownership as effortless as it is enjoyable. Whether you’re building a private mountain getaway or a strategic income-producing property, this lot offers a rare combination of location, usability, and long-term potential. Opportunities like this—large, build-ready cul-de-sac lots—are limited. Secure your place in Powder House Pass before it’s gone.

Lot 29 Block 5 Trailside Add Tbd Eastwind Court, Lead
$299,900
87919 MLS
Rare cul-de-sac opportunity in Powder House Pass—where your Black Hills escape and next investment come together. This 1.66-acre homesite offers the space, privacy, and setting buyers are actively searching for, making it an ideal foundation for a custom retreat, high-performing vacation rental, or both. Imagine designing a home that captures the surrounding scenery, where guests arrive for the experience—and return for it. With electric, gas, and water already in place, you’re one step closer to bringing that vision to life while reducing build complexity and timelines. Located in one of the area’s most sought-after communities, you’ll find yourself just minutes from Terry Peak Ski Area, Historic Deadwood, and an extensive network of trails, creating year-round demand and lifestyle appeal. The community enhances the experience with a clubhouse, two swimming pools, paved roads, and HOA-covered snow removal and road maintenance—making ownership as effortless as it is enjoyable. Whether you’re building a private mountain getaway or a strategic income-producing property, this lot offers a rare combination of location, usability, and long-term potential. Opportunities like this—large, build-ready cul-de-sac lots—are limited. Secure your place in Powder House Pass before it’s gone. Listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 29 Block 5 Eastwind Court, Lead
$195,000
87890 MLS
Nearly 7 acres just 15 minutes south of Lead-Deadwood. Great building sites with views of Terry Peak, and the South Dakota prairie! Mature pines throughout, easy access, no pesky HOA. Power has to the lot. Reasonable well depths in the area. Close to the Mickelson Trail, trout fishing in Whitewood Creek just a couple miles away, and OHV trails just a few minutes to the south. Great usable piece of ground! Listed by Eric Henneman, Real Properties of Lead-Deadwood - 605-920-0356.

TBD Wasp Road, Lead
$390,000
178060 MLS
Absolutely gorgeous lot located in the Paradise Acres 2 subdivision. Views from every direction, mature trees throughout, all on 10.74 acres. Enjoy the privacy this area has to offer. Call now!

Lot 51 Moon Shadow Ct, Lead
$390,000
87864 MLS
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Absolutely gorgeous lot located in the Paradise Acres 2 subdivision. Views from every direction, mature trees throughout, all on 10.74 acres. Enjoy the privacy this area has to offer. Call now!

Lot 51 Moon Shadow Court, Lead
$849,000
3 Beds ⋅ 177953 MLS
A stunning home with unmatched views, an elevated design, fully furnished & turn key! Incredible opportunity to own your dream vacation rental or personal getaway in the heart of the Black Hills. Perfect for full-time living, rental income, guest accommodations, or a combination of all three. Set on just under 5 private acres this home offers breathtaking views of Terry Peak, Deer Mountain, and the surrounding forested hills. Offering 1457 sq ft, this two-story home includes 3 bedrooms, 2 bathrooms, and a 686 sq ft drive-under garage. The inverted layout places the kitchen, dining, living area, and one full bath on the top floor—taking full advantage of the views, towering over the trees. One level down, you'll find all three bedrooms and a second full bathroom. The garage sits on the lowest level with drive-under access. The home features vaulted ceilings, abundant natural light, a wood-burning fireplace, concrete kitchen countertops, and a mix of LVP and carpet flooring. Split-unit heating and cooling make this home comfortable year-round. Whether you're looking for a peaceful retreat, a vacation rental setup, or a place to gather with friends and family, this property is perfect!

21304 Wasp Rd, Lead
$1,574,000
5 Beds ⋅ 177951 MLS
Two Homes on Nearly 6 Acres! Fully furnished & turn key! Incredible opportunity to own two homes in the heart of the Black Hills—perfect for full-time living, rental income, guest accommodations, or a combination of all three. Set on just under 6 private acres with no visible neighbors, these homes share a private well (serving a total of three properties) and offer breathtaking views of Terry Peak, Deer Mountain, and the surrounding forested hills. *21302 Wasp Rd – Rustic Charm & Modern Comfort* This 972 sq ft ranch-style home features 2 bedrooms, 2 bathrooms, and a 24x27 attached garage equipped with 220 power and water—ideal for cleaning your snowmobile or side-by-side after a day of adventure. Inside, you'll find hardwood floors, hand-torched wood accents, and a cozy wood-burning fireplace. The open kitchen includes leathered granite countertops, a breakfast bar, and flows effortlessly into the dining and living spaces. Both bathrooms feature walk-in showers. Additional highlights include central A/C, forced air heat (plus the wood-burning fireplace), ceiling fans, and a spacious deck to soak in the panoramic views. *21304 Wasp Rd – Elevated Design with Room to Grow* This two-story, split-level home includes 3 bedrooms, 2 bathrooms, and a 680 sq ft drive-under garage. The inverted layout places the kitchen, dining, living area, and one full bath on the top floor—taking full advantage of the views, towering over the trees.One level down, you'll find all three bedrooms and a second full bathroom. The garage sits on the lowest level with drive-under access. The home features vaulted ceilings, abundant natural light, a wood-burning fireplace, concrete kitchen countertops, and a mix of LVP and carpet flooring. Split-unit heating and cooling make this home comfortable year-round. Whether you're looking for a peaceful retreat, a vacation rental setup, or a place to gather with friends and family, this dual-home property is perfect!

21304 & 21302 Wasp Rd, 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
$1,449,000
87765 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. Listed by Jeffrey Herr, Real Broker LLC, 605-430-9549 and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 191 Deer Mountain Road, Lead
$979,900
3 Beds ⋅ 2 Baths ⋅ 87707 MLS
Spearfish Canyon Log Cabin Retreat – 3 Bed | 2 Bath - 2 Car Extended Garage- Fully Furnished. Nestled in the breathtaking beauty of Historic Spearfish Canyon in the heart of the Black Hills, this log crafted furnished 3-bedroom, 2-bath cabin offers the perfect blend of rustic charm and modern comfort. The great room has Vaulted ceilings, Stone fireplace and exposed log beams. Spacious open concept kitchen with rustic wood cabinetry. Loft has a private deck to enjoy the views. Dining room access to the Large deck and hot tub perfect for relaxing and entertaining. Relax enjoy beautiful views. Expansive yet, cozy family room with fireplace, pool table and walk-out to the patio. Adventure awaits, on this 2 Acre Private wooded lot with Abundant wildlife. Surrounded by towering pine trees and dramatic canyon walls and views of the creek, this mountain retreat provides a peaceful escape with year-round outdoor recreation right outside your door. Roughlock Falls and Recreation trails are just a few minutes away. 1/4 mile from entertainment at the Spearfish Cayon Lodge/Latchstring Restaurant. Schedule an appointment to see this property with the listing agent, Alecia Hoffman, Berkshire Hathaway HomeServices Midwest Realty, 605-580-6230. Buyers or buyers’ agent responsible to verify property details.

10624 Wildlife Lane, Lead
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