Homes for Sale Between $500,000 to $600,000 in Rapid City, SD

This spacious 2-bedroom, 2-bath home located in the highly desirable & sought after Elks Crossing subdivision offers over 1,400 square feet on the main level, featuring convenient main-floor laundry and ample space for entertaining family and guests. The oversized two-car garage measures 26 feet wide, with one stall extending 44 feet deep—providing plenty of room for vehicles, recreational toys, or workshop space. In addition, the home offers an unfinished 1,401 square foot basement allowing plenty of room for expansion & the opportunity to customize the area to make it your own! The covered back deck off the dining room provides privacy along w/ great views. Landscaping is included in the price & includes sod, an underground sprinkler system, rock, edging, & a tree in the front yard. This custom build also has high-end finishes throughout the entire property! Call, text, or email today, so you don't miss out on the chance to call this great property your own!

4832 Pahlmeyer Dr, Rapid City

$599,000

5 Beds ⋅ 179978 MLS

Tucked into one of Southwest Rapid City's most sought-after neighborhoods, this nearly 3,700 square foot townhome delivers exceptional value for the space, the kind buyers dream about but rarely find, and it is completely move-in ready. Five true bedrooms, three full baths, and a layout built to flex with every stage of life, from quiet mornings to full house holidays. Step onto the main level and vaulted ceilings pull your eyes straight up, while walls of windows flood the living room with light. A gas fireplace anchors the room, and a formal dining room gives you a dedicated space for holidays and dinner parties. The kitchen impresses with oak cabinetry, double ovens, granite countertops, and newer appliances, all ready to go from day one. Both main-level bathrooms have been refreshed, and the primary suite is a true retreat, complete with a walk-in closet. Head downstairs and the home keeps giving: three more oversized bedrooms, a full bath, and a basement family room big enough for a home theater, a home office, or a dry bar built for hosting. Then walk out back into a fully fenced, turfed yard with a covered deck and a gazebo, all wrapped in landscaping kept lush and effortless with a full sprinkler system. Families searching for room to grow, close to Corral Elementary and Southwest Middle School, do not find homes like this often. Make sure to check it today!

3900 Park Dr, Rapid City

$599,000

5 Beds ⋅ 3 Baths ⋅ 89452 MLS

Tucked into one of Southwest Rapid City's most sought-after neighborhoods, this nearly 3,700 square foot townhome delivers exceptional value for the space, the kind buyers dream about but rarely find, and it is completely move-in ready. Five true bedrooms, three full baths, and a layout built to flex with every stage of life, from quiet mornings to full house holidays. Step onto the main level and vaulted ceilings pull your eyes straight up, while walls of windows flood the living room with light. A gas fireplace anchors the room, and a formal dining room gives you a dedicated space for holidays and dinner parties. The kitchen impresses with oak cabinetry, double ovens, granite countertops, and newer appliances, all ready to go from day one. Both main-level bathrooms have been refreshed, and the primary suite is a true retreat, complete with a walk-in closet. Head downstairs and the home keeps giving: three more oversized bedrooms, a full bath, and a basement family room big enough for a home theater, a home office, or a dry bar built for hosting. Then walk out back into a fully fenced, turfed yard with a covered deck and a gazebo, all wrapped in landscaping kept lush and effortless with a full sprinkler system. Families searching for room to grow, close to Corral Elementary and Southwest Middle School, do not find homes like this often. Make sure to check it today! Listed by Kim Holt, Real Broker LLC, 605-390-4802

3900 Park Drive, Rapid City

$559,900

4 Beds ⋅ 179947 MLS

Listed by Mitch Mudlin at Remax Results at 605-390-4212. Ideal Family home with 4 bedrooms (plus Bonus room which could function as 5th Bedroom) Recent external upgrades include new windows, siding, roof, garage doors, and front sidewalk. Plus new carpet and lvp throughout, New granite kitchen counters, glass backsplash, water heater, and master shower. Vaulted ceiling in living room with wood beams and a wood-burning fireplace, as well as a pellet stove in the family room. This home is nestled on the edge of town with views of the trees and hills out every window. The master bedroom offers a spacious sanctuary with it own private en-suite. Plenty of room to spread out the breath taking living room and Family rooms. This home features a Large oversize garage, 16 foot storage shed and a large 1/3 acre lot, complete with Mature trees. This offers a park like setting for your family barbeques. You may even catch a glimpse of the many deer, turkeys and occasional foxes that pass through the yard. This home has it all. Hurry this home won't last long. The seller is offering a 2-1 Mortgage Rate Buydown! That means your interest rate Drops by 2% in the first year and 1% in the second year, saving you substantial Cash on you monthly payment right when you move-in! Keep your purchasing power strong and ease into your home ownership. Offer is using a our preferred lender and an approved offer. For more information please call and see your local lender for details.

4906 Copper Hill Rd, Rapid City

$531,977

179920 MLS

This 5-plex is being offered at $106,395 per unit—this well-maintained 5-unit multi-family property currently generates $49,380 in annual rental income and offers immediate income with long-term potential. With a proven 16-year track record of stable occupancy, the property has demonstrated consistent rental performance. Current average rent is approximately $823 per unit/month, with rental rates believed to be below market, creating an opportunity for future income growth. Situated on approximately 0.9 acres near Canyon Lake Park, schools, shopping and restaurants, the property also includes a 28' x 15' garage, providing valuable additional storage. Improvements within the past five years include updates to roof, siding, windows, doors and electrical systems. Whether expanding an existing portfolio or seeking an established income-producing property, 1948 Hillsview offers an attractive combination of rental history, location, price per unit and potential upside.

1948 Hillsview Dr, Rapid City

$599,900

5 Beds ⋅ 179908 MLS

"BACK ON THE MARKET BETTER THAN EVER." The value is undeniable. This exceptional home is offered at $599,900. The wait was worth it! The expensive improvements have been completed. The sellers invested OVER $40,000 in the home, so you don't have to. Brand-new Class 4 high-impact resistant shingles, gutters and downspouts June 2026. Fresh interior paint throughout 2026. Updated lighting throughout the home 2026. Beautiful landscaping improvements 2026. Newly poured and much improved driveway approach is one of the home's most desirable improvements providing outstanding access and parking to all three garage stalls 2026. Sparks concrete lifting 2026. New furnace (2023). New water heater (2022). New water softener/reverse osmosis 2024. MOVE-IN READY home features 5 spacious bedrooms, 3 full bathrooms, main-floor laundry, and an exceptional walkout basement with its own private exterior entrance—ideal for multi-generational living, extended family, or income producing short term rental potential. The spacious primary suite offers a large walk-in closet and direct access to the deck. The walkout lower level features an oversized family room centered around a gas fireplace, creating the perfect gathering space for holidays, movie nights, sporting events, or simply relaxing with family. Oversized heated 3-car garage. Third stall completely separate. Heat in both garage spaces, with water and floor drain in the main garage. Separate third stall also includes air conditioning (portable) and direct access into the kitchen. Whether you're looking for room to grow, MAIN FLOOR LIVING, space for multiple generations, an incredible garage, or simply a home that's ready to enjoy from day one, 422 East Enchanted Pines Drive delivers. Schedule your private showing today, write your strongest offer, and make this exceptional home yours before someone else does.

422 E Enchanted Pines Dr, Rapid City

$584,900

4 Beds ⋅ 179907 MLS

Rare West-side opportunity with endless potential! Nestled on a sprawling, quiet lot of over half an acre, this sprawling ranch features a massive 2,572 sq ft on the main level. Bring your design ideas and customization updates to transform this solid home into your dream estate. The floor plan boasts 4 bedrooms, including 2 primary suites, 3 full bathrooms, an attached garage, and a cozy wood-burning fireplace anchoring the main living area. Enjoy premium location convenience—within walking distance to schools. With a massive backyard perfect for a future garden, or ultimate outdoor oasis, the possibilities are limitless. 2 Gas Furnaces, One Room in Lower Level. Properties with this much acreage and single-level space in town are incredibly hard to find. Perfect for investors or buyers looking to build instant equity in a prime neighborhood. Schedule your tour today and see the potential! Listed by Tony Hensley, REMAX Results, 605-391-2825

610 Fairlawn Dr, Rapid City

$585,000

3 Beds ⋅ 179895 MLS

Listed by, Elli Thurston, SUN REAL ESTATE, 605-484-5226. Nestled on a prime 0.63-acre corner lot in Carriage Hills, this striking two-story home offers space, light, and effortless indoor-outdoor living. A spacious deck captures sweeping views—perfect for Summer evenings with friends and family. Inside, the home features three bedrooms and four baths, highlighted by beautiful 20-foot ceilings and dramatic floor-to-ceiling windows that flood the living room with natural light throughout the day. The gas fireplace is a cozy addition in the colder seasons and mantle/hearth a design focal point. The layout of the combination kitchen and dining area make it easy cook and to entertain. The stainless steel kitchen appliances were upgraded approx. three years ago. Thoughtful updates for comfort and peace of mind, recent improvements include a new roof Quality Roofing (March 2026), new siding on north side of home (July 2026), maintenance-free decking (2025), a brand-new A/C unit (April 2026), and updated south entrance exterior staircase and new fencing (2026). The tankless water heater is just a few years old (2021). Designed for entertaining, the deck furniture and Weber grills are all included, creating a seamless, modern outdoor gathering space with view of the city. Interior updates include fresh paint and texture throughout living room, dining, kitchen, hallway (May 2026), a completely remodeled lower-level bathroom (June 2026) and a new fully equipped in-home gym (2026). Seller has made a considerable amount of updates and has moved, for that reason, home is being sold "AS IS" condition.

4102 Parkridge Pl, Rapid City

$549,900

3 Beds ⋅ 179823 MLS

Located on 5 horse-friendly acres off Nemo Road, this property offers the peaceful Black Hills lifestyle you've been searching for. Surrounded by pines and open meadow views, the setting provides room for horses, hobby animals, and plenty of space to enjoy the outdoors. The 3-bedroom, 2.5-bath home features convenient one-level living. Enter into a welcoming living room with a propane fireplace, and enjoy making meals in the large kitchen. The primary suite includes a private en-suite bathroom, while the two additional bedrooms are located on the opposite side of the home, one with its own half bath. Recent updates include a new roof in 2025, new luxury vinyl flooring, and a new front door. Step outside to relax in the hot tub and take in the peaceful surroundings. A backup generator provides added peace of mind, while the detached garage, built in 2018, offers generous storage and workshop space. This property combines privacy, usable acreage, and the beauty of the Black Hills in one exceptional setting.

12393 Madison Tr, Rapid City

$559,000

3 Beds ⋅ 179822 MLS

Discover the perfect blend of country living and modern convenience with this exceptional property located on West Highway 44, just minutes from Rapid City in the heart of the beautiful Black Hills. Situated on 1.03 acres, this versatile property offers space, functionality, and endless possibilities. The main home features 3 bedrooms, 2 bathrooms, an attached 2-car garage, and two cozy fireplaces, creating warm and inviting spaces to gather throughout the year. Whether you're relaxing at home or entertaining guests, you'll appreciate the home's comfortable layout, peaceful setting, and convenient location. A standout feature of this property is the impressive 38' x 36' shop building, complete with a fully finished studio apartment. Ideal for guests, extended family, rental income, a home business, or a private retreat, this flexible space adds exceptional value and opportunity. Enjoy the freedom of 1.03 acres with plenty of room for recreational vehicles, equipment, hobbies, or future projects. Outdoor enthusiasts will love being just minutes from several area lakes, offering easy access to fishing, boating, kayaking, and year-round recreation, all while enjoying the beauty of the Black Hills. If you've been searching for a property that combines comfortable living, exceptional shop space, income or multi-generational potential, and an unbeatable location just outside Rapid City, this is one you won't want to miss. Buyer and/or Buyer's agent to verify all information provided.

11784 W Hwy 44, Rapid City

$595,000

3 Beds ⋅ 3 Baths ⋅ 89318 MLS

Listed by Shauna Sheets, KWBH, 605-545-5430. Quiet luxury, comfort, and effortless main-level living come together in this beautifully maintained ranch-style townhome in a desirable southwest Rapid City neighborhood. Designed with an accommodating, accessible floor plan, this home offers spacious living, exceptional storage, and quality finishes throughout. The open-concept main level features vaulted ceilings, a corner gas fireplace, formal dining area, and a well-appointed kitchen with granite countertops, soft-close cabinetry, travertine tile floors and a sun-kissed breakfast nook. The private primary suite offers 2 walk-in closet and ensuite 4-piece bathrooom, while main-floor laundry adds everyday convenience. The converted sun room now boasts an added 350sqft of finished living space and overlooks the mature treeline behind the home, creating a peaceful, private setting. The walkout basement level includes a large family room with corner office nook with floor-to-ceiling built-in bookshelves, a second bedroom suite option, two versatile bonus rooms, and a spacious utility room with ample storage, utility sink and hobby space. Attached, finished 2-car garage has epoxy flooring and overhead storage. Beautiful landscaping with an underground sprinkler system completes this move-in-ready home. Meticulously maintained and lovingly updated by the same family for nearly 25 years, this wonderful home is ready for new owners- could it be you? Call today.

3209 Broadmoor Drive, Rapid City

$550,000

179741 MLS

Build your dream home on this exceptional acreage! This property is ready for your vision with a prepared building site, where dirt work has already been completed to help jump-start construction. Water and electricity are already to the lot, fiber internet is available, and existing geothermal heat loops offer the potential for energy-efficient living. A picturesque year-round creek flowing approximately 68 gallons per minute winds through the property, while established fruit trees provide beauty and the opportunity to enjoy your own homegrown harvest. The property also features a fenced garden. A storage shed will be relocated prior to closing, and the rock piles will be removed. The west side of the property offers a suitable location for septic leach fields, making it even easier to begin building. This is a rare opportunity to own a property with outstanding infrastructure, natural beauty, and modern utilities already in place—ready for you to bring your dream home to life.

7240 Antler Dr, Rapid City

Homes for Sale in Rapid City, SD Between $500,000 to $600,000

All Rapid City, SD Homes for Sale Between $500,000 to $600,000

Pioneer Properties SD, Adam Johnson RE

Search

Resources

About