Explore Rapid City, SD Homes for Sale Between $1,500,000 to $2,000,000

Rapid City, SD Homes for Sale Between $1,500,000 to $2,000,000 Map Search

Homes for Sale in Rapid City, SD Between $1,500,000 to $2,000,000

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Welcome to your dedicated resource for Homes for Sale Between $1,500,000 to $2,000,000 in Rapid City, 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 Rapid City, 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 $1,500,000 to $2,000,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Rapid City, SD Homes for Sale Between $1,500,000 to $2,000,000

$1,675,840
180357 MLS
16.80 AC | QUEST-CERTIFIED INDUSTRIAL SITE | $2.29/SF | DECEMBER 2027 DELIVERY 16.80-acre Heavy Industrial-zoned lot in Black Hills Industrial Center, a 500+ acre master-planned industrial park on the south side of Rapid City. The only Quest-certified industrial site in western South Dakota, the development offers documented site, utility, access and environmental information to support industrial site selection. The park connects at a lighted intersection at Old Folsom Rd and SD Hwy 79/Heartland Expressway. Infrastructure includes city water and sewer, natural gas, fiber, two electric providers and an adjacent RCP&E rail line. Available sites range from 1.80 to 85.87 acres. Lot boundaries may be adjusted, and adjoining sites may be combined. Review the additional MLS listings or information packet for complete availability, site configurations, pricing and delivery details. For additional information or built-to-suit options, contact Chris Long at 605-939-4489.

TBD Aesir Rd Lot 8, Block 4, Rapid City
$1,545,000
7 Beds ⋅ 4 Baths ⋅ 89810 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Custom-Built Estate with Guest House & Expansive Shop on 1.25 acres. The impressive 5-bedroom, 3-bathroom main residence offers over 3,900 square feet of beautifully designed living space and is complemented by an attached 3-car garage, a massive 30' x 60' detached shop/guest house. Every detail of the home showcases superior craftsmanship and premium finishes. Elegant tile and ¾-inch white oak hardwood flooring, granite countertops, two gas fireplaces, and 9-foot ceilings on the main level create a warm yet sophisticated atmosphere. Vaulted ceilings in the kitchen and livingroom enhance the open, airy feel, making these spaces perfect for everyday living and entertaining. The luxurious primary suite serves as a private retreat, featuring a custom-tiled walk-in shower, freestanding soaking tub, and spacious walk-in closet. The lower level boasts an expansive family and recreation room with a roughed-in wet bar, offering endless possibilities for entertaining family and friends. Step outside to the covered deck, already plumbed for a gas grill, and enjoy seamless indoor-outdoor living in a peaceful setting. The impressive 30' x 60' detached shop features 12-foot ceilings and provides abundant space for recreational vehicles, boats, equipment, storage, or the ultimate workshop. Attached to the shop, the thoughtfully designed guest house includes a full kitchen, comfortable living room, two bedrooms, one full

8231 Miracle Road, Rapid City
$1,545,000
7 Beds ⋅ 180329 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Custom-Built Estate with Guest House & Expansive Shop on 1.25 Acres. The impressive 5-bedroom, 3-bathroom main residence offers over 3,900 square feet of beautifully designed living space and is complemented by an attached 3-car garage, a massive 30' x 60' detached shop/guest house. Every detail of the home showcases superior craftsmanship and premium finishes. Elegant tile and ¾-inch white oak hardwood flooring, granite countertops, two gas fireplaces, and 9-foot ceilings on the main level create a warm yet sophisticated atmosphere. Vaulted ceilings in the kitchen and living room enhance the open, airy feel, making these spaces perfect for everyday living and entertaining. The luxurious primary suite serves as a private retreat, featuring a custom-tiled walk-in shower, freestanding soaking tub, and spacious walk-in closet. The lower level boasts an expansive family and recreation room with a roughed-in wet bar, offering endless possibilities for entertaining family and friends. Step outside to the covered deck, already plumbed for a gas grill, and enjoy seamless indoor-outdoor living in a peaceful setting. The impressive 30' x 60' detached shop features 12-foot ceilings and provides abundant space for recreational vehicles, boats, equipment, storage, or the ultimate workshop. Attached to the shop, the thoughtfully designed guest house includes a full kitchen, comfortable living room, two bedrooms, one full bathroom, and laundry hookups. Whether used for extended family, visiting guests, a home office, or as an income-producing rental, this additional living space adds exceptional value and flexibility. This one-of-a-kind property combines luxury living with unmatched functionality, offering space, quality, and endless possibilities both inside and out.

8231 Miracle Rd, Rapid City
$1,750,000
7 Beds ⋅ 180310 MLS
Currently operated as the Black Forest Inn Bed & Breakfast located in the heart of the Black Hills just south of Pactola Lake in an EXCELLENT LOCATION minutes from all things touristy! Remodeled fully just a few years ago this property would make a wonderful single family home with a cottage for guests. All furnishings stay and are included in the price. You will absolutely LOVE the scenic views from every window and making yourself coffee at your very own upscale coffee bar. The Game Room, Outdoor Patio, and Gazebo are well equipped and ready for you to relax and enjoy. Imagine your quality of life here - this is a one-of-a-kind Black Hills Treasure!

23191 Hwy 385, Rapid City
$1,750,000
180309 MLS
This is your chance to own the Black Forest Inn Bed & Breakfast located in the heart of the Black Hills just south of Pactola Lake in an EXCELLENT LOCATION minutes from all things touristy! Remodeled fully just a few years ago this property offers guests a relaxing and upscale place to unwind after a busy day of exploring. This is a turnkey opportunity with seven suites and one cottage to rent. The commercial kitchen is expertly equipped for preparing breakfast for your guests. Serve them in the main living/dining area with scenic views and many options for seating including a coffee bar. The Game Room, Outdoor Patio, and Gazebo are common areas that lend to giving guests a relaxing experience. Lots of opportunities for additional revenue sources - Cabins, RV sites, Wedding Venue, Family Reunions, etc. Owning this B&B affords personal space to enjoy life with enough suites to make a living - while essentially buying a quality life with a purpose and allowing one to bask in the beauty of the hills. This is a one-of-a-kind Black Hills Treasure!

23191 Hwy 385, Rapid City
$1,749,000
5 Beds ⋅ 5 Baths ⋅ 89708 MLS
Listed by TJ Wojtanowicz, Black Hills Realty | 605-863-1920. Welcome to 4218 Westview Estates Drive, an exceptional luxury home nestled on 1.6 private acres in one of Rapid City's most desirable neighborhoods. Offering over 6,000 square feet, this move-in ready home blends elegant finishes, outstanding functionality, and a peaceful wooded setting. The main level features soaring ceilings, expansive windows with stunning views, and an open-concept design ideal for everyday living and entertaining. The chef-inspired eat-in kitchen offers abundant cabinetry, an expansive center island, and casual dining with wall-to-wall sliding glass doors leading to the maintenance-free deck. The adjoining living area features a gas fireplace and seamless indoor-outdoor living, while the formal dining room offers convenient access from both the foyer and kitchen. The main level also includes an office, a generous mudroom with laundry and half bath, a guest bedroom with full bath, and a luxurious primary suite featuring a fireplace, spa-inspired five-piece bath, and walk-in closet with laundry. Upstairs you'll find two additional bedrooms, a full bath, and a loft overlooking the great room. The sunlit walkout lower level includes a large family room with surround sound, wet bar, bedroom, full bath, and direct access to the patio and beautifully landscaped backyard. The lowest level features an impressive indoor sport court, perfect for basketball, pickleball, a golf simulator, fitness area,

4218 Westview Estates Drive, Rapid City
$1,749,000
5 Beds ⋅ 180230 MLS
Listed by TJ Wojtanowicz, Black Hills Realty | 605-863-1920. Welcome to 4218 Westview Estates Drive, an exceptional luxury home nestled on 1.6 private acres in one of Rapid City's most desirable neighborhoods. Offering over 6,000 square feet, this move-in ready home blends elegant finishes, outstanding functionality, and a peaceful wooded setting. The main level features soaring ceilings, expansive windows with stunning views, and an open-concept design ideal for everyday living and entertaining. The chef-inspired eat-in kitchen offers abundant cabinetry, an expansive center island, and casual dining with wall-to-wall sliding glass doors leading to the maintenance-free deck. The adjoining living area features a gas fireplace and seamless indoor-outdoor living, while the formal dining room offers convenient access from both the foyer and kitchen. The main level also includes an office, a generous mudroom with laundry and half bath, a guest bedroom with full bath, and a luxurious primary suite featuring a fireplace, spa-inspired five-piece bath, and walk-in closet with laundry. Upstairs you'll find two additional bedrooms, a full bath, and a loft overlooking the great room. The sunlit walkout lower level includes a large family room with surround sound, wet bar, bedroom, full bath, and direct access to the patio and beautifully landscaped backyard. The lowest level features an impressive indoor sport court, perfect for basketball, pickleball, a golf simulator, fitness area, or other recreational activities. Additional storage rooms provide ample space for seasonal items and equipment. Surrounded by nature while remaining just minutes from all the conveniences of Rapid City, this one-of-a-kind home offers luxury, privacy, and exceptional living both inside and out. Schedule your private showing today.

4218 Westview Estates Dr, Rapid City
$1,725,000
5 Beds ⋅ 179757 MLS
PRICELESS VIEW, PRACTICAL and PRIVATE! Beautiful custom home built by Jim Shad with 2X6 construction. In town — five minutes from three hospitals, schools, and shopping — yet offers a private oasis. South-facing backyard features mature trees, established landscaping, and no homes behind. Enjoy sweeping views of the Badlands from the entertaining patio with gas grill hook-up. Room for everyone in a floorplan that blends open shared spaces with private escapes. Four bedrooms, 4½ baths, 2 laundry rooms (washers & dryers stay), built-in office, 5th bedroom/second office, exercise room, and home theatre with 8 reclining seats. High-end finishes throughout: Pella windows, cherry cabinets and trim, built-in bookcases, and oak flooring on the entire main floor. The chef's kitchen features granite countertops, a Dacor 6-burner vented range, 2 in-wall convection ovens, breakfast bar seating for 6, a walk-in pantry, and butler pantry connecting to the formal dining room with trayed ceiling. The primary suite offers stunning sunrise views, walk-in closet, heated floors, jetted tub, and steam shower.

4818 Enchanted Pines Dr, Rapid City
$1,610,700
89293 MLS
Own the ultimate Black Hills legacy property on this pristine 24.78-acre luxury lot in the prestigious Coyote Flats area with easy, year-round access off the well maintained Neck Yoke Road. This rare piece of land offers a once-in-a-lifetime opportunity to build your dream Black Hills Estate where your horses are welcome. The opportunity exists to subdivide the property into two acreages with a minimum of 10 acres per lot. Enjoy the unobstructed, panoramic views of both Mount Rushmore and the iconic granite spires of the Needles to the West and the prairie beyond to the East. The property has been held in the family for decades and features many building sites from the flat area adjacent to Evans Court and Neck Yoke Road to the valleys and lush meadows. Enjoy wildlife viewing near the serene small pond, exploring, riding horses through the pine trees and vibrant wildflowers. This is a rare opportunity to own your own piece of heaven in the Black Hills. This is a rare, generational opportunity to own your own piece of heaven in the Black Hills. The property can be subdivided, per Pennington County Planning, into two lots with a min. of 10 acres and 2 water taps are available through Pine Groove Water. Tap fees are $20,000 each plus meter pit and a min of a 1000 gallon cistern For more water information refer to PineGrovewater.org. Listed by Jennifer Landguth, Hegg, REALTORS, Inc., 605-381-8273

13865 Evans Court, Rapid City
$1,500,000
3 Beds ⋅ 179659 MLS
Stunning, exquisite, breathtaking......get the idea? Welcome to this fantastic property located out Nemo Road. This journey starts with three bedrooms, 2.5 bathrooms, two car attached garage with over 2400sf nestled on 3.33 acres. The heart of the home is the completely remodeled kitchen, updated with new cabinetry, granite countertops, backsplash, appliances, flooring, lighting, and more. It's a space built for everything from quiet mornings to hosting friends and family. Throughout the home you'll find updated bathrooms, newer flooring, updated lighting, newer Pella windows and doors, a new HVAC system, water heater, soft water system, and countless improvements that make everyday living comfortable. Both the main residence & the casita are wired to a Generic 30K generator. The shop can be easily added on to the system if desired. Step outside and the views take over. Whether you're enjoying coffee on the deck, watching wildlife pass through, or listening to the creek below, this property constantly reminds you why people move to the Black Hills. Need extra space? The detached casita was completed in 2021 and offers its own kitchenette, bathroom, mini-split system, and private living area—perfect for guests, hobbies, or extended stays. Then there's the shop. A 30-by-56 detached building completed in 2021 with sealed concrete floors, heating, cooling, and room for projects, equipment, vehicles, or whatever adventures come next. The updates are impressive. The shop is incredible. The casita adds flexibility. But what you'll remember most is the creek running through your backyard, the privacy, the views, and the feeling of having a place that's truly your own slice of heaven. This isn't just a home. It's the lifestyle you've been dreaming about. Listed by Karen Soderquist, RE/MAX RESULTS (605) 381-4300 and co-listed by Cheyenne McGriff, RE/MAX RESULTS (605) 209-1988

13045 Box Elder Drive, Rapid City
$1,649,000
89161 MLS
Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Outstanding investment opportunity in West Rapid City! This 27-unit apartment complex offers an excellent mix of units including 24 studio apartments, one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one efficiency unit. The property also features an on-site laundry facility with washers and dryers, six rentable garages providing additional income, plus one dedicated management garage. Tenants pay their own electricity while ownership pays water, sewer, boiler heat, and other common area expenses, creating a straightforward management structure with strong upside potential. Located in a desirable west side neighborhood near Canyon Lake, shopping, restaurants, medical facilities, schools, and major employers, the property benefits from a highly sought-after rental location with convenient access throughout Rapid City. Current ownership has maintained strong occupancy, and there is significant opportunity to increase rental income through future rent adjustments, operational efficiencies, and continued property improvements. This is an excellent value-add opportunity for investors seeking stable cash flow with long-term appreciation potential in one of Rapid City's strongest rental markets. Whether you are expanding your portfolio or completing a 1031 Exchange, this well-located multifamily investment offers immediate income, additional garage revenue, and substantial upside. Financial information available

3313 Leland Lane, Rapid City
$1,649,000
179607 MLS
Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Outstanding investment opportunity in West Rapid City! This 27-unit apartment complex offers an excellent mix of units including 24 studio apartments, one 2-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one efficiency unit. The property also features an on-site laundry facility with washers and dryers, six rentable garages providing additional income, plus one dedicated management garage. Tenants pay their own electricity while ownership pays water, sewer, boiler heat, and other common area expenses, creating a straightforward management structure with strong upside potential. Located in a desirable west side neighborhood near Canyon Lake, shopping, restaurants, medical facilities, schools, and major employers, the property benefits from a highly sought-after rental location with convenient access throughout Rapid City. Current ownership has maintained strong occupancy, and there is significant opportunity to increase rental income through future rent adjustments, operational efficiencies, and continued property improvements. This is an excellent value-add opportunity for investors seeking stable cash flow with long-term appreciation potential in one of Rapid City's strongest rental markets. Whether you are expanding your portfolio or completing a 1031 Exchange, this well-located multifamily investment offers immediate income, additional garage revenue, and substantial upside. Financial information available to qualified buyers upon execution of a confidentiality agreement. Call today for additional information or to schedule your private tour.

3313 Leland Ln, Rapid City
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