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$14,950,000
5 Beds ⋅ 7 Baths ⋅ 86696 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. Video Link: https://youtu.be/PGyoldHFYG4

13340 Other, Rapid City
$14,950,000
5 Beds ⋅ 176488 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. It’s a peaceful place to unwind after exploring the property’s bountiful fishing, hunting, hiking, and recreation opportunities. For added adventure, the lodge also includes an impressive 32-foot climbing wall, a rare amenity ideal for year-round enjoyment. The property has access from both Victoria Lake Road to Sheridan Lake Road and from Highway 44 West, providing convenience and flexibility. Video link: https://youtu.be/PGyoldHFYG4

13340 Victoria Lake Rd, Rapid City
$12,899,448
178217 MLS
The Black Hills of South Dakota have long been one of the most coveted regions in America, with Spearfish South Dakota at the epicenter of luxurious living and progressive growth. A direct gateway to the Black Hills, this region offers some of the nation's best hiking, hunting, fishing, golfing, gaming, dining, skiing and entertainment around. This property is nestled in the heart of it all! With over 1,300+ acres along US Hwy 85, only 5 miles north of Spearfish, this property has it all from the river bottom to vast views from the bluffs above. Along the southern edge lays the ranch headquarters that is nestled in the ridge and along the riverbanks in the meadow. Directly above the lower meadow is over 1.5+/- miles of elevated, ridge-front property that overlooks the Black Hills with southern views providing the option for parcels that would have some of the most sought-after views and location you could hope to find. The Ranch headquarters offers a 3-bed 3-bath 2,890 sq ft home with an open layout, great outdoor living space, built-in garage, garden shed, pole building, shop, barn, open shed and livestock facilities. With endless development possibilities or design the ranch of your dreams! Don't miss this picturesque, one-of-a-kind property!

10881 Other 10881 Rimrock Lane, Belle Fourche
$12,500,000
177954 MLS
Listed by Jeff Lawler 605-218-1701 and Lori Barnett 605-786-5817, Engel & Völkers. A Stabilized, Multi-Revenue Historic Asset on Deadwood's Most Trafficked Corridor The Buffalo-Bodega Complex occupies over half a block of prime frontage on Historic Main Street in Deadwood, South Dakota, directly across from the Historic Number 10 Saloon in one of the district's highest foot traffic zones. The complex operates multiple revenue streams under one roof, including a casino, full-service restaurant, bar, and the Buffalo Bodega Saloon, widely recognized as the oldest continuously operating bar in Deadwood. This diversification across gaming, food and beverage, and entertainment provides built-in resilience against seasonal fluctuation and single-source risk. Deadwood's regulated gaming market, combined with year-round tourism anchored by events, motorsport rallies, and proximity to national landmarks, supports a demand profile few small-market hospitality assets can match. The property benefits from sustained municipal investment in the Historic Main Street corridor and an established consumer base that returns annually. With demonstrated NOI performance and a cap rate aligned with institutional expectations for stabilized hospitality assets, the Buffalo-Bodega Complex represents a rare acquisition: an irreplaceable location, a proven operating model, and a brand with over a century of built-in equity. Seller financing or partial carry is available for a qualified buyer.

662 Main 662-654 Main St, Deadwood
$5,000,000
161392 MLS
Dakota Feeding Company (DFC) is one of South Dakota’s largest cattle feeding facilities and located in the heart of some of the best cattle and grain production in the United States. Originally built in 1972, DFC is conveniently located 5 miles east of the city of Onida, South Dakota. Onida is home to Ringneck Energy & Feed, supplying the operation with distillers grain, as well as Oahe & CHS grain elevators, and local grain producers to supply the remaining feed base. Access to multiple sale barns and beef processing plants makes DFC a prime location. Owner states the outdoor capacity is 18,000-20,000 head and is currently permitted at 15,000 head with the State. The 108’x1,000’ confinement barn could be utilized for an additional 1,500-2,000 head of calves, or 10,000 lambs. Currently permitted under owner stated capacity, there is plenty of room for expansion, pending further DANR permitting, to maximize return on investment. The yards are made up of 80+ pens in total:

18569 Other 309th Ave, Onida
$4,900,000
9 Beds ⋅ 7 Baths ⋅ 88367 MLS
Contact listing agents Casey Raftevold 605-863-5282 or Heath Gran 605-209-2052. Introducing the REMARKABLE one-of-a-kind Whiskey Barrel Ranch as it towers above the Hills, just 1 mile to Downtown Deadwood! This barndominium offers two completely separate living quarters bridged together by a 3,000+ sq ft shop space nestled in-between, offering a place to gather - epoxied concrete floors, radiant floor-heat, 2- 14x14 overhead doors for indoor-outdoor enjoyment and featuring a kitchenette & big screen TVs for entertainment! The owner's unit welcomes you with a large open concept featuring a massive kitchen island, tiled backsplash, granite countertops, walk-in pantry & gas fireplace in the living room stepping out onto the sprawling covered patio & private back yard. Ensuite bedroom offers a gas fireplace, tile shower & walk-in closet that flows directly into the laundry room. Two additional bedrooms on the main level share a jack & jill bathroom. Upper-level loft offers two spacious bedrooms and full bath. Opposite unit presents 4-bedrooms, 2 bathrooms & dream living space as you enter from the wood beamed covered patio, triple panel patio doors lead you into the whiskey barrel, kitchen boasts a wrap-around bar seating & cozy living room where there is room for everyone to relax, plus two separate lofts. The property is equipped with 10 RV hook-ups. Whiskey Barrel Ranch is nestled on 5 acres of terrain perfect to enjoy the ATV/snowmobile trails, hiking, or motorcycle riding.

20811 Mattson Lane, Sturgis
$4,330,087
175342 MLS
Beautiful rolling hills, meadows, well and abundant wildlife such as deer, turkey, elk and more are some of the highlights of this 149+/- acre property! Some of the most amazing views in the hills with wooded draws and vast open meadows. Great hunting, grazing or development opportunities. Located only a few minutes from Whitewood, Deadwood and Forest service land. Call today for more information!

149.82+/- Acres Other Tbd, Whitewood
$4,300,000
7 Beds ⋅ 179190 MLS
Situated on just under 40 acres in the beautiful Black Hills foothills, this exceptional 8 bedroom, 4.5 bathroom barndominium offers the perfect balance of privacy, space, and convenience. Enjoy breathtaking prairie views stretching for miles while still being ideally located between Spearfish, Deadwood, and I-90. With no covenants and plenty of room to bring your horses, this property offers the kind of freedom and acreage that is hard to come by in the Spearfish area. Thick trees, horseback riding trails, and abundant wildlife create the perfect outdoor setting to explore and enjoy year-round. Inside, the home features soaring ceilings, an expansive open-concept design, oversized bedrooms, large closets, and abundant storage space throughout. The attached garage offers incredible additional recreation and entertaining space, complete with an indoor basketball court. The property also includes a 1,600 sq. ft. detached outbuilding, providing even more flexibility for storage, hobbies, equipment, or recreational use. Outside, there is ample open space for parking trailers, RVs, equipment, and guests with ease, along with a spacious flat yard featuring a football field. From the peaceful setting to the truly breathtaking views, this is a one-of-a-kind Black Hills property with endless room to live, entertain, and enjoy the outdoors.

6521 Other 6521 Pendo Road, Spearfish
$4,300,000
8 Beds ⋅ 5 Baths ⋅ 88848 MLS
Situated on just under 40 acres in the beautiful Black Hills foothills, this exceptional 8 bedroom, 4.5 bathroom barndominium offers the perfect balance of privacy, space, and convenience. Enjoy breathtaking prairie views stretching for miles while still being ideally located between Spearfish, Deadwood, and I-90. With no covenants and plenty of room to bring your horses, this property offers the kind of freedom and acreage that is hard to come by in the Spearfish area. Thick trees, horseback riding trails, and abundant wildlife create the perfect outdoor setting to explore and enjoy year-round. Inside, the home features soaring ceilings, an expansive open-concept design, oversized bedrooms, large closets, and abundant storage space throughout. The attached garage offers incredible additional recreation and entertaining space, complete with an indoor basketball court. The property also includes a 1,600 sq. ft. detached outbuilding, providing even more flexibility for storage, hobbies, equipment, or recreational use. Outside, there is ample open space for parking trailers, RVs, equipment, and guests with ease, along with a spacious flat yard featuring a football field. From the peaceful setting to the truly breathtaking views, this is a one-of-a-kind Black Hills property with endless room to live, entertain, and enjoy the outdoors.

6521 Pendo Road, Spearfish
$3,950,000
7 Beds ⋅ 178991 MLS
Perched on 44.48 private acres, this extraordinary estate offers a rare blend of luxury, privacy, and retreat-style living surrounded by breathtaking scenery, walking paths, and frequent visits from deer and wild turkeys. Designed for entertaining, relaxation, and multi-generational living, the home combines lodge-inspired warmth with timeless finishes and expansive gathering spaces throughout. The main level features a spacious chef’s kitchen with granite countertops, Wolf gas range, abundant cabinetry, and seamless flow into the formal dining room and large living area. A deck off the dining room provides the perfect place to enjoy the peaceful setting. The main-floor primary suite offers a private retreat with gas fireplace, heated floors, jetted tub, walk-in shower, oversized walk-in closet with washer and dryer, and private deck with hot tub access. The main level also includes a heated attached two-car garage and half bath. Upstairs features five additional bedrooms, an office with wood stove, large family room with private deck access, laundry room, and two additional bathrooms. One upstairs bedroom includes its own gas fireplace and ensuite potential. The walk-out lower level was designed for entertaining with a spacious family room featuring a fireplace and wet bar, one additional bedroom with fireplace, two bathrooms, large utility/storage room, heated drive-under two-car garage, and access to a large patio area. In total, the property offers seven bedrooms, six fireplaces, newer paint and carpet throughout, updated landscaping, and two geothermal systems for year-round comfort and efficiency. The detached 32x28 shop includes storage above and two mini-split units, creating additional flexibility for hobbies, workshop space, storage, or future expansion opportunities. This remarkable property offers a rare opportunity to enjoy luxury living, acreage, privacy, wildlife, and peaceful mountain surroundings in one exceptional setting.

2750 Docs Pl, Spearfish
$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
$3,600,000
3 Beds ⋅ 2 Baths ⋅ 83436 MLS
LISTED BY AMANDA CARLIN 604-440-7587 & DIXIE WHITTAKER 605-440-1171. When you wish upon a star, it makes no difference who you are—you’ll end up at 22278 Jenny Gulch Rd. This spectacular property is on the market for the first time in decades! It’s rare to find 120 acres surrounded by National Forest Service land, featuring a charming 3-bedroom, 1.5 bath home. This property also offers an additional building site complete with its own well and septic system. The entire estate is fenced with 4-strand barbed wire and operates as a well-established tree farm, giving it agricultural status and resulting in low taxes. The home boasts breathtaking panoramic views, a custom carport, and is situated in the heart of the Black Hills. You’ll enjoy both easy access and complete privacy. Best of all, there are no covenants—giving you ultimate freedom. Hunters, winter sport enthusiasts, and outdoor lovers, this is your dream home. Don’t miss out on this once-in-a-lifetime opportunity! Owners do lease a water softener for seasonal use. Buyer and buyer's agent to verify MLS data including room measurements . All information has been obtained from sources deemed reliable but is not guaranteed or warranted by Lewis Realty, Lampert Properties or seller.

22278 Jenny Gulch Road, Deadwood
$3,571,200
5 Beds ⋅ 175469 MLS
Tucked into the natural beauty of Deer Mountain Village, Lot 173 offers a rare opportunity to build a thoughtfully designed alpine retreat with Denton House Design Studio, a leader in luxury residential design. Positioned to capture summer breezes, hillside serenity, and sweeping peak and down-valley views, this homesite sets the stage for effortless year-round mountain living. The homebuilding process has already been jump-started with schematic floor plans in progress, giving you a head start on realizing your mountain retreat. With a semi-custom home plan designed specifically for this lot, you’ll enjoy a faster build timeline while still having the ability to select curated finishes and stylistic details—combining the ease of a move-in-ready home with the personal touch of custom design. This lot isn’t just a place to build—it’s a place to belong, grow, and create memories that last for generations. Here, your dream home becomes your year-round basecamp for adventure. Whether it’s skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy. One of the only private, all-season communities in the country, it’s perfect for families seeking both adrenaline and serenity. Let’s build your legacy… your mountain escape awaits.

Lot 173 Deer Mountain Deer Mountain Village, Lead
$3,571,200
5 Beds ⋅ 7 Baths ⋅ 85876 MLS
Tucked into the natural beauty of Deer Mountain Village, Lot 173 offers the rare opportunity to build a thoughtfully designed alpine retreat with Denton House Design Studio, a leader in luxury residential design. Positioned to take in summer breezes, hillside serenity, and sweeping peak and down-valley views, this homesite sets the stage for effortless year-round mountain living. The homebuilding process has already been jump started, with schematic floor plans in progress giving you a head start towards realizing your mountain retreat. With Semi-custom home plan designed specially for this lot, you'll enjoy a faster build timeline with the ability to choose curated finishes and stylistic details - combining the ease of a move-in-ready home with the personal touch of custom design. This lot isn't just a place to build it is a place to belong, grow, and make memories that last for generations. Here, your dream home becomes your year-round basecamp for adventure. Whether it's skiing, snowmobiling, hiking, biking, or fishing—endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy.

Lot 173 Deer Mountain Road, Lead
$3,200,000
3 Beds ⋅ 2 Baths ⋅ 88857 MLS
TRUE BLACK HILLS HIDDEN TREASURE! A beautiful place to hang your heart! This heirloom-quality property is hard to do justice w/words! Unique, octagon artisan-style home highlights atrium roof, single-level living & is perfectly nestled on 40 acres w/a private FISHING POND lined w/gorgeous rock landscaping, Slate Creek meandering through & surrounded on 3 sides by USFS lands for a lifetime of exploring! Rare home design is a step back in time and features flexibility for the interior layout to be altered however one sees fit. Great-sized living rooms showcases a cozy brick-encased 2-sided fireplace & soaring wood-beamed ceiling. Welcoming kitchen & dining room w/walkout to an open patio. Soak in awe-inspiring sights from the 4-season enclosed porch, spanning the length of the home. Luxurious master suite w/full private bathroom. 2 more great-sized bedrooms & full guest bathroom. Oversized attached 2-stall garage has atrium roof too & would make an amazing family room. Also a 26x90 covered parking building w/2 enclosed stalls. Large patio w/firepit area & an adorable gazebo adorn the yard. The pond is naturally fed by the creek & abounds w/trout. Enormous 52x54 heated shop boasting a workspace, substantial loft which could easily serve as an additional living area (electrical already hooked up & stubbed for plumbing) & extra tall stall to support easy parking for a camper/RV up to 45 ft long. http://www.heartofthehillsestate.com/ Come look & bring your dreams in tow!

12099 Kaubisch Ranch Road, Hill City
$3,042,000
4 Beds ⋅ 175470 MLS
Lot 204 at Deer Mountain Village is ready for a home to be perched on the slopes, offering sweeping down-valley views of Raspberry Gulch and uphill vistas of Terry Peak. The Buckhorn, designed by Denton House Design Studio, blends mountain luxury with unmatched access to the outdoors. The homebuilding process has already been jump-started with schematic floor plans in progress, giving you a head start on realizing your mountain retreat. With a semi-custom home plan designed specifically for this lot, you’ll enjoy a faster build timeline while still having the ability to select curated finishes and stylistic details—combining the ease of a move-in-ready home with the personal touch of custom design. Whether you’re gathering around the fire after a day on the slopes, enjoying crisp mountain mornings from the covered deck, or entertaining friends in the game room, The Buckhorn delivers a lifestyle that’s both elevated and effortless. With its flexible floor plan and premium finishes, this home is as functional as it is breathtaking. Skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, adding even more lifestyle perks at the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life. Deer Mountain Village isn’t just a destination it’s a legacy. As one of the only private, all-season communities in the country, it’s perfect for families seeking both adrenaline and serenity. Let’s build your legacy… your mountain escape awaits.

Lot 204 Deer Mountain Deer Mountain Village, Lead
$3,042,000
4 Beds ⋅ 6 Baths ⋅ 85875 MLS
Lot 204 at Deer Mountain Village sits ready foe a home to be perched not the slopes with sweeping down-valley views to Raspberry Gulch and uphill vistas of Terry Peaks, The Buckhorn, Designed by Denton House Design Studio blends mountain luxury with unmatched access to the outdoors. The homebuilding process has already been jump-started, with schematic floor plans in progress giving you a head start towards realizing your mountain retreat With a semi-custom home plan designed specifically for you this lot, you'll enjoy a faster build timeline with the ability to choose curated finishes and stylistic details combining the ease of a move-in-ready home with the personal touch of custom design. Whether you're gathering around the fire after a day on the slopes, enjoying crisp mountain mornings form the covered deck, or entertaining friends in the game room, The Buckhorn delivers a lifestyle that's both elevated and effortless. With its flexible floor pan and premium finishes, this home is as function sit is breathtaking. Whether it's skiing, snowmobiling, hiking, biking, or fishing endless recreation is right outside your door with direct access to Forest Service land. Construction of the community clubhouse is underway, bringing even more lifestyle perks to the base of the mountain. With municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads already in place, everything is ready for your vision to come to life.

Lot 204 Deer Mountain Road, Lead
$2,999,999
4 Beds ⋅ 176751 MLS
The Pinnacle of Black Hills Luxury: 70-Acre Equestrian Paradise. Rare opportunity to own a private, 70-acre sanctuary where the rich history and raw, rugged beauty of the Black Hills converge with the uncompromised luxury of a custom-built home. This property offers a unique lifestyle for the discerning buyer seeking connection to the land without sacrificing modern elegance. The essence of South Dakota living & premium upgrades nestled amid a dense, ponderosa pine forest, the home is perfectly positioned to showcase breathtaking panoramic views of the surrounding mountains. Expansive, private acreage featuring pastures, treed areas, and 2 acres of professionally landscaped, irrigated grounds featuring a pond and waterfall. The turn-key equestrian facility is ideal for the serious enthusiast, featuring a well-designed barn with 6 heated stalls, ample pastureland, and a professional riding arena. The estate operates with enhanced self-sufficiency, utilizing two solar power stations with dual battery stacks, and two dedicated wells. Control the ambiance with the sophisticated Lutron lighting system and Sonos sound system. The indoor chef's kitchen features top-tier appliances for all your culinary wants and needs, or step outside to the newly expanded deck, with a fully equipped outdoor BBQ kitchen and a custom fire pit, perfect for al fresco dining under the stars. Additional features include a movie theater, wine cellar, expansive home office, commercial-grade Wi-Fi system ensuring seamless connectivity, comprehensive full alarm monitoring system, 100-gallon water heater, a new washer/dryer set, a Leaf Filter gutter system, and so much more. Located just a short 30-minute drive from the Rapid City Regional Airport (RAP) and 15 minutes to historic downtown Keystone. This is more than a home; it is an experience—a private sanctuary that defines luxury living in the American West. Listed by Jeff Larsen, Skyline Properties & Realty, 605-939-1218.

24741 Timber Ridge Rd, Hermosa
$2,990,000
179033 MLS
Deadwood’s #1 rated hotel on Google — and it’s for sale. The Cedar Wood Inn is a rare, turnkey boutique hospitality asset in the heart of Historic Deadwood, steps from the city’s world-famous casinos, restaurants, bars, live entertainment, and nightlife. Guests enjoy the full Deadwood experience by night and return to a beautifully landscaped, peaceful retreat by morning — a balance of access and escape that no new-build can replicate, and no competitor in this market can offer. 24 well-appointed guest rooms spanning queen, king, double, and premium suite configurations. A three-bedroom manager’s apartment connected directly to the front office — live on-site and operate the business with zero commute, or house your property manager just steps from the front desk. A four-stall garage at the rear of the property for equipment storage, vehicles, or premium covered parking during high-traffic events. A city trolley stop is positioned directly at your front door. The reputation arrives with the keys. Deadwood’s #1 rated on Google. Numerous awards across TripAdvisor, Booking.com, Expedia, and Hotels.com. Hundreds of verified five-star reviews. A deeply loyal guest base that returns every single season without prompting. Platform authority and algorithmic rankings that drive organic bookings without any paid advertising — and compound in value every single year you hold this remarkable asset. Within an hour: Mount Rushmore, Crazy Horse Memorial, Custer State Park, Jewel Cave National Monument, and Spearfish Canyon Scenic Byway. The Sturgis Motorcycle Rally is just minutes away. Exceptional year-round regional draw with consistent, year-round revenue potential. This is not a turnaround story. This is not a renovation project. This is a fully operating, award- winning, reputation-rich boutique inn with an irreplaceable downtown Deadwood location and everything a serious buyer needs already built. Listed by Josiah LaFrance with L'Avance Capital and Real Estate- 605-786-3098

103 Charles, Deadwood
$2,899,000
6 Beds ⋅ 7 Baths ⋅ 88977 MLS
A basketball court. A private pool. Nearly 17 acres of Black Hills sky. This isn't a home you settle into it's one you never want to leave. Contact Cher Rhoades @ Oak & Key Realty 605.639.1158 for your Private Tour. Set on 16.85 acres above Spearfish, this is the kind of home you feel before you fully understand it. The drive in sets the tone the Black Hills rising in every direction, the log and stone entry coming into view like an arrival that was always meant to happen. Inside, nearly 8,000 sq ft unfolds with quiet confidence. The two-story great room anchors the space hand-laid Rumford stone fireplace, floor-to-ceiling windows, knotty alder built-ins, and craftsmanship you notice without being able to stop noticing it. The kitchen is where mornings begin slowly and evenings stretch long commercial gas stove, pot filler, granite bar, and a wall of windows that slides open so the breeze off the hills becomes part of every meal. Then there is the basketball court. Full size - Half Court, indoors, all yours. Below, an overhead glass door opens the lower level completely to a private in-ground pool the sky wide above it, the hills uninterrupted. This is where summers live. 6 beds · 6.5 baths · 4+ car garage · 16.85 acres. And the rare, certain feeling that you have found exactly what you were looking for.

19964 Merriam Loop, Spearfish
$2,899,000
6 Beds ⋅ 179361 MLS
A basketball court. A private pool. Nearly 17 acres of Black Hills sky. This isn't a home you settle into, it's one you never want to leave. Contact Cher Rhoades @ Oak & Key Realty 605.639.1158 for your Private Tour! Welcome to 19964 Merriam Loop, Set on 16.85 private acres above Spearfish, this is the kind of home you feel before you fully understand it. The drive in sets the tone winding through the land, the Black Hills rising in every direction, the log and stone entry coming into view like an arrival that was always meant to happen. Inside, nearly 8,0000 square feet unfolds with the quiet confidence of a home that was never rushed. The two-story great room draws you in a hand-laid Rumford stone fireplace anchoring the space, floor-to-ceiling windows turning the Black Hills into the backdrop of your daily life. Knotty alder built-ins, custom finishes, craftsmanship that you notice without being able to stop noticing it. The kitchen is where mornings begin slowly and evenings stretch long. A commercial gas stove, pot filler, hidden walk-in pantry, and an oversized granite bar and a wall of windows that slides fully open, so the breeze off the hills becomes part of every meal. Then there is the basketball court. Full Size half court, indoors, all yours. The kind of amenity that makes guests go quiet for a moment before they start smiling. Below, the lower level opens completely through an overhead glass door a private in-ground heated pool waiting just beyond the threshold, the sky wide above it, the hills uninterrupted in every direction. This is where summers live. Where the line between inside and outside stops mattering. Six bedrooms. Six and a half baths. A 4+ car garage. Nearly 17 acres of Black Hills land. And the rare, certain feeling that you have found exactly what you were looking for.

19964 Merriam Loop, Spearfish
$2,799,000
5 Beds ⋅ 4 Baths ⋅ 89032 MLS
Rarely does an opportunity arise to own nearly 38 acres on the highly coveted waters of Spearfish Creek. Combining a beautifully maintained custom home, year-round live water, abundant wildlife, exceptional privacy, and future development potential. Privately tucked behind a custom overhead entrance and accessed by paved roads, this remarkable estate has been owned and meticulously cared for by the same family for more than 30 years. Situated just minutes from Spearfish, the property offers the perfect balance of convenience, seclusion, and natural beauty. The beautifully constructed 4,840-square-foot residence was thoughtfully designed to maximize both comfort and the spectacular surroundings. Featuring 5 bedrooms and 4 bathrooms, the home offers generous living spaces, open beam construction, and timeless craftsmanship throughout. Granite countertop islands anchor the kitchen and gathering areas, while two jetted tubs provide luxurious comfort after a day spent enjoying the Black Hills. Large windows frame stunning views of the surrounding landscape, bringing the beauty of the outdoors into every season. The home’s full walkout basement creates a seamless transition between indoor and outdoor living. An expansive deck overlooks the creek and backyard from the main level, while a massive lower-level patio provides the perfect space for entertaining family and friends or simply enjoying the peaceful sounds of flowing water.

616 Rio Drive, Spearfish
$2,699,000
6 Beds ⋅ 179415 MLS
Nestled on 3.0 acres with minimal covenants, this remarkable property offers a rare combination of spacious living, flexibility, and investment opportunity. Featuring 6 bedrooms, 5.5 bathrooms, a stunning stucco exterior with brick accents, a durable metal roof, and an attached 3-car garage, this property is designed to impress from the moment you arrive. Enjoy peaceful mornings and beautiful evenings from the expansive wrap-around porch that surrounds the home, providing the perfect space to relax and take in the surrounding views. Inside, the main floor offers a spacious kitchen designed for gathering and entertaining, complete with an informal breakfast nook and a separate formal dining area. The thoughtful layout provides ample space for everyday living while accommodating larger gatherings with ease. The home also offers an incredibly versatile upstairs arrangement. Three of the bedrooms feature their own private entrance and are accompanied by a full kitchen and additional bathroom, creating an ideal setup for guests, multi-generational living, extended stays, or rental income opportunities. The opportunities continue outside with an impressive 60' x 104' outbuilding, currently operating as Kiwi Vacation Rentals. Whether you continue its current use, expand your investment portfolio, or utilize the space for storage, events, workshops, or business operations, the possibilities are endless.

5310 Airport Rd, Spearfish
$2,699,000
6 Beds ⋅ 6 Baths ⋅ 89008 MLS
Nestled on 3.0 acres with minimal covenants, this remarkable property offers a rare combination of spacious living, flexibility, and investment opportunity. Featuring 6 bedrooms, 5.5 bathrooms, a stunning stucco exterior with brick accents, a durable metal roof, and an attached 3-car garage, this property is designed to impress from the moment you arrive. Enjoy peaceful mornings and beautiful evenings from the expansive wrap-around porch that surrounds the home, providing the perfect space to relax and take in the surrounding views. Inside, the main floor offers a spacious kitchen designed for gathering and entertaining, complete with an informal breakfast nook and a separate formal dining area. The thoughtful layout provides ample space for everyday living while accommodating larger gatherings with ease. The home also offers an incredibly versatile upstairs arrangement. Three of the bedrooms feature their own private entrance and are accompanied by a full kitchen and additional bathroom, creating an ideal setup for guests, multi-generational living, extended stays, or rental income opportunities. The opportunities continue outside with an impressive 60' x 104' outbuilding, currently operating as Kiwi Vacation Rentals. Whether you continue its current use, expand your investment portfolio, or utilize the space for storage, events, workshops, or business operations, the possibilities are endless.

5310 Airport Road, Spearfish
$2,500,000
176377 MLS
WOODLANDS RECEPTIONS WEDDING VENUE Discover an incredible opportunity to own a turnkey wedding and event venue nestled on 20 stunning pine-covered acres of rolling hills. This one-of-a-kind property features a spacious 6,000+ sq. ft. wedding venue complete with a full kitchen, a grand stone fireplace, and an impressive handcrafted wood bar—perfect for unforgettable celebrations. Guests will love the huge covered pavilion framed by a breathtaking backdrop of towering pines, creating a truly magical outdoor ceremony setting. The property also offers 43 RV hookups with water and electric, plus ample tent camping space, accommodating guests in comfort and style. An expansive 5-bedroom, 3-bathroom home on-site provides ideal lodging for the wedding party or can serve as the owner’s private retreat. With multiple scenic build sites, there’s room to expand your vision—whether it’s creating additional lodging, a private residence, or new event spaces. The venue comes fully operational with next year’s weddings already booked, and the seller is willing to assist with a smooth transition. Located just off I-90 between Rapid City and Sturgis, this prime location attracts guests from across the Black Hills and beyond. Contract for deed options available—so bring your ideas, your passion, and make this dream wedding retreat your reality!

13121 Lincoln Tarken Ln, Piedmont
$2,500,000
175810 MLS
Rare opportunity to acquire both the real estate and established business of Custer Crazy Horse Campground in Custer, SD. Situated on 13.40 acres along Hwy 385 with excellent visibility, this seasonal campground features 125 total sites, including 86 RV sites with full hook-ups, 24 sleeper cabins, 14 tent sites, and a deck house. The property offers a full range of guest amenities such as two bath/shower houses, an 18,000-gallon heated swimming pool, coin-operated laundry, reservation office and camp store, coffee hut, propane and dump stations, and multiple recreation areas. Additional land on-site provides capacity for expansion, offering a value-add opportunity for new ownership. The property also includes an owner’s residence/manager’s quarters, making this a turnkey investment with operational housing in place. Well-maintained grounds with mature pines and proximity to Crazy Horse Memorial, Custer State Park, and Mount Rushmore make this one of the most desirable campground offerings in the Black Hills.

1116 N 5th St, Custer
$2,499,999
5 Beds ⋅ 4 Baths ⋅ 89416 MLS
Please contact listing agent Karson Klein at (605) 641-5548. Listed by Landmark Realty & Development, this exceptional Crow Peak Bench property offers approximately 18.45 acres, including a 9.54-acre primary parcel and an additional 8.91-acre parcel. The residence features approximately 4,314 finished square feet, 5 bedrooms, 3.5 bathrooms, a 3-car attached garage, hardwood and tile flooring, premium appliances, a sauna, covered outdoor living areas, mature landscaping, garden space, a sprinkler system, solar energy, and 400-amp electrical service. Additional flexible living or recreational space is located above the garage, measuring approximately 14' x 38' and offering excellent potential for a bonus room, office, studio, game room, or additional storage. A standout feature is the fully engineered 40' x 60' shop with approximately 2,400 SF, 18' sidewalls, vaulted ceilings, radiant floor heat, full HVAC, epoxy flooring, a custom tiled shower, premium finishes, solar battery backup, and extensive reinforced concrete improvements. The property also includes a private well and septic system, with Starlink internet serving both the home and shop. Horses are allowed per covenants. A rare combination of acreage, privacy, quality construction, and exceptional improvements. For more information, please contact Karson Klein at 605-641-5548.

20013 Ashlee Court, Spearfish
$2,499,000
3 Beds ⋅ 5 Baths ⋅ 87631 MLS
ONCE UPON A TIME…there was an absolutely unforgettable property w/ a PRICELESS MOUNT RUSHMORE VIEW! An extraordinary custom-designed residence (Dick Knecht plan) w/ a captivating guest tower awaits in the private Lakota Lakes community-where architecture, artistry, & nature exist in perfect harmony. Thoughtfully crafted w/ uncompromising attention to detail, this one-of-a-kind home showcases an open floor plan, soaring ceilings, floor-to-ceiling walls of windows, infinity corner windows, & expansive deck leading to a feeling of being one w/ the outdoors. Just steps away is the enchanting guest “Tower”-inspired by the historic lookout atop Harney Peak—rises in three graceful levels. Open living space, bedrm suite & second bthrm on first level, second level has four sleeping rooms featuring twin beds -three with trundles- for a total bed count of seven & a breathtaking 360-degree viewing deck on top, all connected by a magical spiral staircase. It’s an unforgettable retreat for guests & a true architectural showpiece. Set within an intimate 80-acre community of only 18 homesites, residents share exceptional amenities including a wine cave made from an old gold mine, a reservable guest house, & the Rendezvous Lodge-perfect for gatherings! Surrounded by miles of USFS lands & just a short stroll to Lakota Lake for kayaking, fishing, or quiet reflection, the setting is as serene as it is spectacular. Must be seen to be fully appreciated! Currently a vacation rental. Call for info~

24452 Trackers Trail, Keystone
$2,490,000
178272 MLS
This ranch property with excellent water resources, income potential, scenic views and abundant wildlife could be yours! 1480 acres that offers multiple pastures, a historic barn, stock dams, and potential. There are two homes on property, the main house is a spacious three-bedroom, two-bathroom home with a wraparound floor plan. The second home is a three-bedroom, two-bath bunk house. Each pasture has a water source that is viable year-round and the pastures connect, so you can move animals conveniently while avoiding roads. The largest pasture offers coverage and protection for animals during the winter months, and the smallest pasture is perfectly located to keep a close eye on any animals that need some extra attention. There are multiple corrals and barns on property with enough space to hold a large number of animals in inclement weather. There are 4 stock dams and at least two of them offer good fishing. There are multiple wells on property, the main well is attached to a cistern and due to the large water vein in the area additional wells would be an option. There is an additional 640 acres that can be acquired through the transfer of a school land lease north of the main pasture. There is an walk in hunting lease that can be worked through game fish and parks. The property was originally homesteaded in 1909 by the owner’s grandparents/ great grandparents. The “hip roof barn” is close to 115 years old and was meticulously moved piece by piece from Nemo, SD. While you do get seclusion from everyone while on this property, the neighbors are kind and helpful people and for families with children there are multiple school options for K-8th grade. If you are in the market for peace and quiet, uninterrupted views, zero light pollution and even the occasional Northern lights sighting this property is for you!

20218 Hereford, Sturgis