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

Welcome home to effortless single-level living in Elk’s Country Estates. This beautifully finished zero-entry ranch offers 3 bedrooms, 2 bathrooms, and an open-concept layout designed for comfortable everyday living and entertaining. Vaulted ceilings, abundant natural light, and an oversized gas fireplace create a warm, inviting living space. The kitchen features quartz countertops, a large center island, under-cabinet lighting, a spacious walk-in pantry, and a new appliance package included with the home. Step outside to a covered concrete patio with gas and electrical hookups overlooking the newly completed landscaping, including sod, sprinkler system, and tree. The private primary suite offers a double vanity, walk-in tiled shower, toe-kick lighting, and generous walk-in closet. Two additional bedrooms and a full bath provide flexibility for guests, family, or a home office. The oversized three-car garage includes gas plumbing for a future heater, hot and cold water rough-ins, 220-volt service, and a trough drain. Additional features include a functional mudroom, separate utility room, conditioned crawl space, radon mitigation system, and thoughtful comfort and convenience features throughout. HOA-maintained lawn care and snow removal make everyday living even simpler. Fully finished, landscaped, and move-in ready, this home offers the quality and style of new construction without the wait. Schedule your private showing today!

3407 Ping Dr, Rapid City

$500,000

3 Beds ⋅ 1 Baths ⋅ 89248 MLS

Fantastic property close to Rapid City. Build your dream home and have some livestock and chickens. The doublewide that is on the property currently isn't livable but is being updated. The 21.88 acres has everything you need to get started. Listed by Tom Karp with Keller Williams Realty Black Hills 605-222-3960

4500 W Nike Road, Rapid City

$539,000

4 Beds ⋅ 4 Baths ⋅ 89217 MLS

Listed by Austin Stiles, KWBH, 605-391-4820. Nestled on a nearly 1 acre lot, this smartly updated 1.5 story home offers the room, flexibility, and privacy you've been looking for! Cross the covered front porch and into this 4 bed, 3.5 bath home. Designed for entertaining, the main level offers flexible living spaces- enjoy the front sitting room, comfortable living room or prepare meals with ease in the spacious kitchen/dining areas. 17' ceilings, beautiful wood floors, custom wood shelving and wonderful natural light accent these spaces. 'U' shaped kitchen offers black stainless-steel appliances, ample cabinet and counter space, and views of the backyard. Bar seating for convenient meals, plus a dining area with slider door to the back yard. Convenient main floor laundry room. Upstairs has a desirable layout with three bedrooms on one level; including the primary suite with walk-in closet and private bathroom. The fully finished basement adds valuable living space, with a large family room, fourth bedroom, full bathroom, a bonus room with private sauna (potential for 5th bedroom, NTC), and additional storage. Outside, a wood deck overlooks the back yard, and with a fenced area near the home, its great space for kids or pets. Nearly 1 acre lot has mature landscaping and a custom stone retaining wall. Heated, finished 2-car garage with good storage space, and the extra long driveway allows for plenty of off street parking. HOA maintains roads, walking trails and playground.

11565 Saddleback Court, Rapid City

$599,900

4 Beds ⋅ 2 Baths ⋅ 89210 MLS

**Listed by Michelle Chenoweth, eXp Realty | 605.461.1824** Searching for your own piece of the Black Hills? This one is truly special. Ideally located in the heart of the Hills with year-round access directly off US Highway 385, this unique property places you just minutes from Pactola Lake, Sheridan Lake, and the Black Forest Inn. The main residence features 3+ bedrooms and 2 bathrooms, complemented by a separate rustic log cabin complete with a sleeping loft. The current owners have successfully operated the property as a VRBO, enjoying the cabin as their private getaway while hosting guests. They have also completed numerous improvements throughout the property (see improvement list). Step onto the back deck and unwind as spring-fed Prairie Creek gently meanders through the property, creating a peaceful and picturesque setting. Additional amenities include a full RV hookup with 50-amp service, water, and septic, along with two separate septic systems for added convenience and flexibility. Adding even more character, the rustic log cabin was originally relocated from the valley that became Pactola Reservoir before the lake was created. The property also includes a 16x24 carport and, best of all, **NO COVENANTS**, giving you the freedom to use and enjoy the property your way. This isn't just a homeâit's a rare opportunity to own a piece of Black Hills history and create memories in an incredible mountain retreat. Call today for your showing!

12777 Black Forest Road, Rapid City

$599,900

4 Beds ⋅ 179656 MLS

**Listed by Michelle Chenoweth, eXp Realty | 605.461.1824** Searching for your own piece of the Black Hills? This one is truly special. Ideally located in the heart of the Hills with year-round access directly off US Highway 385, this unique property places you just minutes from Pactola Lake, Sheridan Lake, and the Black Forest Inn. The main residence features 3+ bedrooms and 2 bathrooms, complemented by a separate rustic log cabin complete with a sleeping loft. The current owners have successfully operated the property as a VRBO, enjoying the cabin as their private getaway while hosting guests. They have also completed numerous improvements throughout the property (see improvement list). Step onto the back deck and unwind as spring-fed Prairie Creek gently meanders through the property, creating a peaceful and picturesque setting. Additional amenities include a full RV hookup with 50-amp service, water, and septic, along with two separate septic systems for added convenience and flexibility. Adding even more character, the rustic log cabin was originally relocated from the valley that became Pactola Reservoir before the lake was created. The property also includes a 16x24 carport and, best of all, **NO COVENANTS**, giving you the freedom to use and enjoy the property your way. This isn't just a home—it's a rare opportunity to own a piece of Black Hills history and create memories in an incredible mountain retreat. Call today for your showing!

12777 Black Forest Pl, Rapid City

$575,000

2 Beds ⋅ 179593 MLS

Nestled among the trees, this beautiful custom home offers the perfect blend of privacy, comfort, and quality craftsmanship. Designed for convenient one-level living, the open floor plan is highlighted by stunning wood-vaulted ceilings, rich hickory flooring, knotty alder cabinetry, solid-core doors, and abundant natural light throughout. The kitchen features Corian countertops, ample workspace, and seamless flow into the main living areas, making it ideal for entertaining. The spacious primary suite includes a private ensuite bath and a large walk-in closet with a custom organizer system. Outdoor living is exceptional with a covered front patio, open deck area, and a large back deck overlooking the natural surroundings. Additional amenities include a fenced garden area, storage shed, landscape sprinkler system, propane-fueled native stone fireplace and garage heater, and a large sealed crawl space for added storage and efficiency. The lower level offers added flexibility with a kitchenette featuring a stovetop and sink, perfect for guests, hobbies, or extended living arrangements. Recent updates provide peace of mind, including new Class 4 impact-resistant shingles (2026), new exterior stain (2026), newly stained decks, and a freshly painted front door. This well-maintained property combines rustic charm, modern conveniences, and a serene wooded setting you'll love coming home to.

22919 Fawn Haven Ct, Rapid City

$519,900

3 Beds ⋅ 179520 MLS

Listed By Kief Hansen with The Real Estate Group 605-484-3535. This move-in ready home is nestled in the scenic beauty of the Black Hills and bordered on two sides by USFS land, offering exceptional privacy on 2.2 acres in a quiet neighborhood. A true nature lover’s retreat, the property is filled with wildflowers, wildlife, and wild raspberries. Trail 244 begins at the corner of the property, providing direct access to breathtaking trails, including Slate Creek.The main level features two spacious bedrooms, a full bathroom with convenient in-closet laundry, and a thoughtfully designed kitchen with abundant cabinet space and excellent lighting. An open-concept living and dining area showcases a cozy wood-burning stove and opens to two inviting decks—perfect for enjoying the surrounding landscape. A large pantry or wine cellar is located at the base of the stairs.The lower level offers a generous third bedroom with a private bath and closet, creating flexible living options. Choose between two potential primary suites: the upstairs layout with a Jack-and-Jill bathroom, or the entire private lower-level retreat. Solid pine doors throughout add warmth and privacy.Comfort is enhanced with hydronic in-floor heating and electric cove heating options. Additional features include a two-car detached garage with carports on both sides, an 8x16 shed, productive greenhouses that extend the growing season, and a well-stocked woodshed. A generator panel is already installed, and fiber optic high-speed internet is available. No Chickens, and no AirBnB with this subdivision.

23137 Pactola Dr, Rapid City

$540,000

5 Beds ⋅ 3 Baths ⋅ 89076 MLS

Co-listed by Lonnie Doney, 605-407-1048 and Jeremy Kahler, 605-381-7500 KWBH. Quality construction, luxury finishes, and extensive upgrades combine in this must-see ranch-style home on a beautifully landscaped corner lot! Entertain with ease in the open concept living space- where oak wood floors, vaulted ceilings and a cozy gas fireplace create an inviting space you won't want to leave. Prepare meals with ease in the gourmet kitchen with ample cabinet space with soft close features, quartz and soapstone countertops and a Frigidaire Gallery appliance suite. A desirable layout, this home has 3 bedrooms on one level, including the private primary suite with its' own ensuite bathroom, walk in closet and private deck access. Main floor laundry allows for 1-level living. Current owners have finished the basement and added valuable living space- including a family room and two additional bedrooms (all with egress windows!), a bath with tile walk-in shower, and a storage/mechanical room. Outside is an entertainer's dream- the covered deck and concrete patio add amazing outdoor living space, and with a dedicated gas line, hot tub hookups and a garden area, there is space for hobbies and relaxing. Beautifully landscaped corner lot with underground sprinklers, perennial plants and shrubs, and a privacy fence for safety. 3-stall garage is finished, heated, has an epoxy floor, utility sink with hot/cold water, and an overhead RV door. RV parking and outlet next to garage. Call today!

721 Bar Five Ranch Road, Rapid City

$599,000

89047 MLS

Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Exceptional commercial development opportunity in one of Rapid City's fastest-growing corridors! This 1.16-acre commercial lot is ideally located in Northeast Rapid City adjacent to Northern Hills Federal Credit Union and offers excellent visibility, accessibility, and exposure in a rapidly expanding area. All city utilities are available to the site, making development efficient and cost-effective. Positioned near Menards, Rushmore Crossing, Walmart, Sam's Club, restaurants, hotels, medical services, and numerous national retailers, this property benefits from strong traffic counts, growing residential rooftops, and continued commercial expansion throughout the area. The site offers excellent potential for restaurants, retail, office, medical, financial institutions, professional services, convenience uses, mixed commercial development, or other investment opportunities. Ample room for parking, strong demographics, easy access to major transportation routes, and proximity to Interstate 90 further enhance the property's appeal. As Northeast Rapid City continues to experience significant growth and investment, opportunities like this become increasingly difficult to find. Take advantage of this highly desirable location and position your business or investment in one of the strongest commercial growth areas in the Black Hills. Call today for additional information, zoning details, and development opportunities.

1503 E Anamosa Street, Rapid City

$599,000

179466 MLS

Listed by TJ Wojtanowicz at Black Hills Realty | 605-863-1920. Exceptional commercial development opportunity in one of Rapid City's fastest-growing corridors! This 1.16-acre commercial lot is ideally located in Northeast Rapid City adjacent to Northern Hills Federal Credit Union and offers excellent visibility, accessibility, and exposure in a rapidly expanding area. All city utilities are available to the site, making development efficient and cost-effective. Positioned near Menards, Rushmore Crossing, Walmart, Sam's Club, restaurants, hotels, medical services, and numerous national retailers, this property benefits from strong traffic counts, growing residential rooftops, and continued commercial expansion throughout the area. The site offers excellent potential for restaurants, retail, office, medical, financial institutions, professional services, convenience uses, mixed commercial development, or other investment opportunities. Ample room for parking, strong demographics, easy access to major transportation routes, and proximity to Interstate 90 further enhance the property's appeal. As Northeast Rapid City continues to experience significant growth and investment, opportunities like this become increasingly difficult to find. Take advantage of this highly desirable location and position your business or investment in one of the strongest commercial growth areas in the Black Hills. Call today for additional information, zoning details, and development opportunities.

1503 E Anamosa, Rapid City

$500,000

179413 MLS

Own the Market. Lead the Industry. Blake’s Trailer Sales & Service is your opportunity to take over a dominant regional trailer powerhouse serving the Upper Midwest. This business has the reputation, inventory lines, customer base, and operational foundation already in place — ready for an ambitious new owner to take it to the next level. Featuring premier trailer brands like Titan, Twister, Logan Coach, Eby and Haulmark, Blake’s serves everyone from horse owners and ranchers to commercial operators and contractors. The service shop already attracts customers from across the region, creating built-in traffic and long-term customer relationships. If you’re looking for a business with momentum, reputation, and expansion potential — this is it. Priced to sell at $500,000+ Inventory, parts & equipment.

000 Other Business Only, Rapid City

$500,000

89006 MLS

Own the Market. Lead the Industry. Blakeâs Trailer Sales & Service is your opportunity to take over a dominant regional trailer powerhouse serving the Upper Midwest. This business has the reputation, inventory lines, customer base, and operational foundation already in place â ready for an ambitious new owner to take it to the next level. Featuring premier trailer brands like Titan, Twister, Logan Coach, Eby and Haulmark, Blakeâs serves everyone from horse owners and ranchers to commercial operators and contractors. The service shop already attracts customers from across the region, creating built-in traffic and long-term customer relationships. If youâre looking for a business with momentum, reputation, and expansion potential â this is it. Priced to sell at $500,000+ Inventory, parts & equipment.

000 Other, 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

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