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$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
$9,995,000
5 Beds ⋅ 90261 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 2,700 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 Victoria Lake Road, Rapid City
$9,995,000
5 Beds ⋅ 180873 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 2,700 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
$9,995,000
5 Beds ⋅ 7 Baths ⋅ 90261 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 2,700 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
$9,060,000
87427 MLS
Rapid City is a core regional market serving the Black Hills and a multi-state trade area spanning western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana—supporting durable tenant demand and long-term cash flow. The property is located on Haines Avenue just south of Interstate 90, with traffic counts exceeding 35,000 vehicles per day. This highly visible site offers excellent access and consistent customer flow. Haines Avenue is a primary north–south arterial connecting I-90 to downtown Rapid City and the city’s main medical corridor. Recent capital improvements (2024–2025) include an extensive interior remodel (including multiple office/warehouse spaces on the 27,342sf, 2nd-floor mezzanine), parking lot refinishing and restriping, new LED lighting, and exterior paint. Planet Fitness invested over $2.5 million in its approximately 30,000-square-foot space, reinforcing its long-term commitment. In January 2026, the tenants executed new 12-year NNN leases with multiple 5-year renewal options, providing stable, predictable income. The investment offers a 7.59% Year One cap rate on base rent, with tenant reimbursement of capital improvements over an amortized term. Listed by: Randy Olivier, RE/MAX Advantage | 605-430-6246

1845 Haines Avenue, Rapid City
$7,750,000
81898 MLS
The Shade Valley Camp Resort is a rockin’ campground situated on 398 +/- acres on Spring Creek minutes from Sturgis and is a huge gathering hub during the Rally. The Eye Candy Saloon has rustic charm for slinging your favorite drinks with multiple indoor/outdoor bars, upper & lower decks & an indoor stage. This building has a commercial kitchen replete with large range hood, beer & food coolers, freezer, among a myriad of other cooking/storage amenities. Private green room area for bands to congregate, lay low & do meet & greets. The amount of places for people to stay & congregate here is staggering. There’s 100 +/- sleeping cabins that sleep 2-8 people, 450 +/- full service RV sites (approx.300 are 100'x50'), 40 +/- electric & water RV sites, 50 +/- electric RV sites, 150 +/- electric tent sites, 60 +/- electric & water tent sites, 3 comfort stations/shower houses. The towering 50'x80' National Stage built in 2021 is capable of hosting National acts & features views of Bear Butte. The Eye Candy Saloon decks look out on the National stage and concert venue. There’s also an additional 50’ small outdoor stage that has access to VIP rooms nearby. The log cabin General Store is a great hub for check-ins & general supply sales. Building has bathrooms and a large basement good for storage and utility access.The Burger Shack has a sprawling covered outdoor bar with full kitchen & bathroom. Three homes located on property could be used for VIP lodging/owner's living quarters.

20168 137th Place, Sturgis
$5,200,000
5 Beds ⋅ 6 Baths ⋅ 89845 MLS
Mountaintop Masterpiece with the Best Views in the Black Hills! 10 acre luxury estate completely surrounded by Forest Service. Located just minutes from downtown Custer! Brand new custom home blends grand scale with refined craftsmanship. Every space is thoughtfully designed with the highest quality finishes selected for both beauty and longevity. 5 bed / 5.5 bath with unbelievable spaces. Magnificent living room boasts vaulted ceilings, enormous wood burning fireplace, monumental stonework, giving way to professional kitchen and grand dining room. The upper level offers a spectacular gameroom loft with a custom wet bar, a private theater room, and a full second kitchen and second laundry for extended stay guests. A dedicated exercise room with sauna complete the package. Experience life on top of the world! Entertain under open skies, relax beside the fire, and enjoy the heated swim spa as the Black Hills stretch endlessly around you. Sit on the spacious patio for morning sunrises, radiant sunsets, and star filled nights with imposing granite peaks as your backdrop. A legacy property built for those who want space, privacy, and scenery that never stops. Once in a lifetime opportunity to own the most spectacular home in the entire Black Hills.

12322 Bonanza Road, Custer
$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
$4,600,000
90293 MLS
Look at this opportunity to own one of the most visible commercial properties in Spearfish. This property was built in 2017 and boasts over 24,000 square feet. Tenants include a restaurant, brewery, bakery/coffee, wealth management, accounting firm, online retail operation and an AirBnB/VRBO! It also includes the parking lot with 28 spots along Jackson Blvd for customer convenience. The main and upper floors have approximately 11,000 SF each and the basement is approximately 2,400 SF. All of this for approximately $210 per square foot! Contact Ryan Wordeman for more information or showings at 605-484-7803. One owner is a licensed real estate agent in SD.

741 Main Street 141 W Jackson Blvd, Spearfish
$4,400,000
84502 MLS
PRICE REDUCED! Introducing a One-of-a-Kind Investment Opportunity in Legendary Deadwood, SD. Welcome to the iconic Midnight Star Casino, a historic 3,800 SF building dating back to 1879, located on world-famous Main Street in Deadwood — South Dakota’s most storied gaming and tourism destination. Originally opened and operated by Academy Award-winning actor Kevin Costner for over 26 years, this property is rich in heritage, character, and unmatched branding potential. The building features a fully operational casino, separate bar, and upscale dining venue, each with established customer bases and strong revenue history. With timeless architecture, soaring ceilings, and prime visibility in a high-traffic pedestrian corridor, this property offers investors the rare chance to own a living piece of Western history. Contact Listing Agent Casey Raftevold eXp Realty 605-863-5282 for more information.

677 Main Street, Deadwood
$4,120,325
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
$3,995,000
7 Beds ⋅ 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
$3,995,000
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
$3,995,000
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
$3,890,000
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
$3,650,000
5 Beds ⋅ 180348 MLS
Luxury Living Above Red Rock Canyon | Highpointe Ranch | Rapid City, South Dakota Listed by Kevin Andreson, Keller Williams Black Hills | 605-646-5409 Perched along the bluffs on one of the most exceptional homesites in prestigious Highpointe Ranch, this remarkable custom residence offers unobstructed views of the Black Hills, unforgettable sunsets, and a rare connection to the surrounding landscape. Overlooking the natural beauty of Red Rock Canyon, the property is framed by dramatic rock outcroppings, mature pine stands, and abundant wildlife. Offering 5,142 square feet of thoughtfully designed living space, the home features 5 bedrooms, 6 bathrooms, and an impressive 1,932-square-foot garage. Floor-to-ceiling windows capture the panoramic scenery and fill the interior with natural light, while warm wood accents, natural stone, and refined finishes create a sophisticated yet welcoming atmosphere. Designed for both everyday comfort and elegant entertaining, the home includes expansive living areas, generous covered decks, and exceptional outdoor spaces that take full advantage of the canyon setting. A dedicated home gym and private sauna provide a personal wellness retreat, while the oversized garage offers room for vehicles, recreational equipment, storage, and workshop needs. Highpointe Ranch also features a scenic walking and mountain biking trail that wraps around the perimeter of the development, offering residents a peaceful way to enjoy the surrounding views and natural beauty. This one-of-a-kind property delivers privacy, luxury, and an extraordinary Black Hills lifestyle on one of the premier lots in Highpointe Ranch.

TBD Cloud Peak Dr, Rapid City
$3,650,000
5 Beds ⋅ 6 Baths ⋅ 89838 MLS
Luxury Living Above Red Rock Canyon | Highpointe Ranch | Rapid City, South Dakota Listed by Kevin Andreson, Keller Williams Black Hills | 605-646-5409 Perched along the bluffs on one of the finest homesites in prestigious Highpointe Ranch, this exceptional custom residence offers unobstructed Black Hills views, spectacular sunsets, and a remarkable connection to the surrounding landscape. Overlooking Red Rock Canyon, the property captures dramatic rock outcroppings, mature pine stands, and abundant wildlife. Offering 5,142 square feet of thoughtfully designed living space, this luxury home features 5 bedrooms, 6 bathrooms, and an expansive 1,932-square-foot garage. Floor-to-ceiling windows fill the home with natural light and frame the breathtaking scenery, while warm wood accents, natural stone, and refined finishes create an inviting yet sophisticated atmosphere. Expansive covered decks and outdoor living areas provide the perfect setting for entertaining or relaxing above the canyon. A dedicated home gym and private sauna offer a personal wellness retreat. Residents also enjoy a scenic walking trail that wraps around the perimeter of the development—ideal for walking or mountain biking while taking in the beautiful Black Hills surroundings. This one-of-a-kind home delivers privacy, luxury, and an unparalleled lifestyle on one of Highpointe Ranch’s premier lots.

TBD Cloud Peak Drive, Rapid City
$3,600,000
3 Beds ⋅ 83436 MLS
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.

22278 Jenny Gulch Road Jenny Gulch Rd, Deadwood
$3,600,000
3 Beds ⋅ 2 Baths ⋅ 83436 MLS
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.

22278 Jenny Gulch Road, Deadwood
$3,219,000
88943 MLS
Listed for sale by David Wilson and Jeff Levi – Sturgis Real Estate & Auctions. Prime Sturgis commercial opportunity featuring a fully paved 45,000 sq. ft. (1.03-acre) Highway Service-zoned lot and a 4,800 sq. ft. two-story commercial building. Located on high-traffic LaZelle Street (Hwy 34/79) in the heart of the Sturgis Motorcycle Rally district, this property offers approximately 300 feet of frontage, exceptional visibility, and highway, side street, and alley access. The dual-level building includes a main-floor showroom/retail area and 12 upper-level crew quarters/offices. Property improvements include complete asphalt paving, landscaped green space, city water and sewer, site lighting, and electrical service with 110V and 220V power. Multiple power boxes provide 15-, 30-, and 50-amp service, making the site ideal for Rally vending, retail operations, events, storage, redevelopment, or investment purposes. See Addendum:

1544 Lazelle Street, Sturgis
$3,200,000
88359 MLS
Located in the heart of the Black Hills near Sturgis, No Name Luxury Campground & RV Park offers a rare opportunity to own a premier, resort-style destination in one of South Dakota’s most desirable recreational markets. Just minutes from downtown Sturgis with easy access to I-90 and nearby Deadwood, the property attracts consistent tourism and event-driven traffic. The campground features a versatile mix of full-service RV sites, tent camping, and furnished cabins. Spacious RV sites include full hook-ups with 30/50 amp service, designed to accommodate large rigs and extended stays. About 70 tent sites fit comfortably, 24 total cabins and 20 full RV hook-ups. Amenities include a heated pool, hot tub, bathhouse facilities, high-speed WiFi, on-site bar and grill, camp store,two coin-op laundromats and inviting common areas that enhance the guest experience and encourage repeat business. With established infrastructure, strong guest appeal, and a prime location in the Black Hills, this property presents a compelling investment opportunity with continued growth potential. Listed by Britney Routh (605) 641-2447. Give us a call today to set up a tour!

20899 Pleasant Valley Drive, Sturgis
$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
$3,000,000
180941 MLS
Now is your chance to own 250.00+/- acres of land near Belle Fourche and Spearfish. Perfect farm/ranch land with already built stables, outbuildings, ponds, trees and much more! Will include 20 acres of hay land. The house on the property will offer 3 bedrooms, 2 full bathrooms, 2 half bathrooms, and 1 loft. Call now!

10465 Other Windmill Ridge Ln, Belle Fourche
$3,000,000
180386 MLS
Centrally located with high visibility, you can't miss this commercial building and the businesses that occupy it. Located in the Gap with easy access from Omaha st or Main st. this property has a large private parking lot that is fully fenced. The building currently has 4 separate businesses occupying the space. Providing in-place income with remaining lease-up or owner-user flexibility. The building was completely renovated in 2019 from a gold jewelry manufacturing warehouse. Leases available upon request with signed NDA. Please contact Tiffany Knight with Re/Max Results 605-393-5725

412 Oshkosh, Rapid City
$2,999,999
90284 MLS
Rare opportunity to acquire the historic Kelley Block in the heart of downtown Spearfish. Spanning 604 - 630 N Main Street, this approximately 63,000 square-foot, income-producing property offers a diverse mix of street-level retail, restaurant, professional office and service spaces, residential apartments, a dance hall and the historic Matthews Opera House. Several tenants have occupied the property for decades, providing an established tenant mix and multiple income streams, including additional revenue from an AT&T rooftop communications lease. Major improvements include an approximately $250,000, 80-mil PVC membrane roof covering all three roof sections, approximately $50,000 in electrical upgrades, new gas lines serving the rooftop HVAC equipment, completed sewer work, and extensive updates to apartments and commercial suites. The property also includes multiple basements, attic storage, an elevator and adjacent tenant parking. Financials, leases, floor plans and supporting property documents are available to qualified buyers. Buyer and buyer’s agent to verify all information.

604 Main Street 604€“630 N Main Street, Spearfish
$2,999,000
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
$2,911,223
81633 MLS
For more information contact listing agents Polly Jones 605-645-6758 or Ashlee Cvach 605-645-2240 Cvach & Jones Realty, LLC. This commercial development property, zoned highway service commercial with high visibility, from interstate I-90, and easy access off Exit 14, Spearfish. South end of property borders I-90 right of way, West property boundary is bordered by Wal-Mart and the N boundary is bordered by Les Schwab Tire Center. All city services are accessible to this site, as well as electricity and natural gas. This district is made up of retail, other commercial and industrial properties as well, generating considerable volumes of vehicle traffic. There has been significant growth in this area of Spearfish and the surrounding. A rare opportunity to own this commercial site.

TBD 1st Avenue Tbd Dodds Drive, Spearfish
$2,890,000
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
$2,799,000
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