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34 Park Avenue, Lead
$399,500
4 Beds ⋅ 2 Baths ⋅ 90414 MLS
Contact listing agent Angi Varland with Great Peaks Realty. INCOME PRODUCING PROPERTY IN LEAD – CURRENTLY A 5-STAR RENTAL – Great Opportunity & Move In Ready!! RATED A GUEST FAVORITE in this area – This rental home is rated in the top 5% based on ratings, reviews, and reliability! 4 bedroom home in Lead, currently an ACTIVE short-term rental, and offers a turn-key set-up with all licenses currently in place to operate within the City of Lead. This wooded lot with a semi-private setting in town, offers a lush space to relax in the hot-tub, play yard games, or grill & dine with large groups. Walkable to downtown Lead, the city park, new pickleball court, and annual Fireworks! The home is move-in ready and some of the recent updates include several new windows, flooring, highly-efficient HVAC system & central air, basement doors & trim, hot tub, sewer line from the home out to the city-main professionally replaced, plus then the lower bathroom has been recently completely redone. Main floor includes the larger bedroom with huge closet & dressing area with vanity. 3 bedrooms are found downstairs, along with the walk-out family & game rooms.

34 Park Avenue, Lead

Lot 12 Block 8 Trailside Road, Lead
$190,000
90403 MLS
Whether you are ready to build your own place in the Black Hills or looking for a smart addition to a future rental portfolio, this half-acre lot in Powder House Pass puts you exactly where the demand is, minutes from Terry Peak Ski Area, Historic Deadwood, and the trail network that keeps this corner of the Black Hills busy every season of the year. Electric runs to the lot line, gas reaches the property, and water and sewer are already provided through the association, so a good part of the site work is handled before you ever pick up a shovel. An HOA that covers snow removal and road maintenance, a community clubhouse, and a pool round out a low upkeep setting that still feels like a retreat. At half an acre, this lot is sized and priced to move, and homesites like it in Powder House Pass do not stay on the market long. Reach out for more information today. Note: Lot lines shown in one of the photos are estimated. Listed by Zsanna Pietrowski, Real Broker LLC, 605-939-9803

Lot 12 Block 8 Trailside Road, Lead

Lot 49 Liberty Ln, Lead
$525,000
90385 MLS
Your dream mountain retreat awaits at Lot 49! This exceptional 1.03-acre ski-in/ski-out homesite offers a rare opportunity to build a custom estate in the highest elevation community east of the Rockies. Perfectly balancing alpine adventure with serene privacy, this property delivers stunning mountain views and a beautiful mountain-side backdrop. Best of all, the favorable topography provides an easier, highly buildable site designed to maximize your scenic vistas while streamlining construction.Easier Build & Premium Views: Capitalize on an optimal building envelope that simplifies construction while perfectly positioning your home to capture panoramic mountain vistas.Ski-In/Ski-Out Access: Walk directly onto the slopes for effortless winter adventures, and ski right back home.Infrastructure Ready: Build with confidence. Features paved roads, municipal water, Black Hills Electric, and high-speed fiber optics.Resort Amenities: The highly anticipated Deer Mountain Village Lodge & Pool opens this month (September 2026), bringing premier amenities and long-term value.Year-Round Recreation: Enjoy skiing, snowmobiling, hiking, mountain biking, fishing, and ATV riding right out your back door.With 1.03 acres of building-friendly terrain, you have the perfect canvas to bring your vision to life.For more information, please contact listing agent Michael Warwick at 605-641-2569 with Great Peaks Realty.

Lot 49 Liberty Ln, Lead

Lot 15 Village Dr, Lead
$460,000
90384 MLS
Ski-In/Ski-Out Luxury on 1.14 Acres in Gated Deer Mountain VillageYour dream mountain retreat awaits at Lot 15 in the prestigious, gated community of Deer Mountain Village! This exceptional 1.14+/- acre homesite offers a rare opportunity to build a custom luxury estate in the highest elevation community east of the Rockies. Perfectly balancing alpine adventure with serene privacy, this property delivers sweeping panoramic views of the Black Hills and an unmatched mountain lifestyle. True Ski-In/Ski-Out Access: Walk out your door directly onto the slopes for effortless winter adventures, and ski right back home at the end of the day. Modern Infrastructure Ready: The lot features paved roads, municipal water, Black Hills Electric, and high-speed fiber optic internet. Built-In Amenities & Value: Invest at the perfect time. The highly anticipated Deer Mountain Village Lodge & Pool is opening month (September 2026), bringing premier resort amenities and long-term value. Year-Round Recreation: Enjoy endless outdoor fun right out your back door, from winter skiing and snowmobiling to summer hiking, mountain biking, fishing, and ATV riding. With 1.14 acres of spacious terrain, you have plenty of room to bring your vision to life—whether designing a full-time legacy residence or a luxury vacation getaway. For more information, please contact listing agent Michael Warwick at 605-641-2569 with Great Peaks Realty.

Lot 15 Village Dr, Lead

720 Barclay Avenue, Lead
$259,900
2 Beds ⋅ 2 Baths ⋅ 90377 MLS
Pine covered hills, open mountain views, and no neighbor behind you. That is the backdrop for this approximately 1,400 square foot home, set against over 100 acres of protected state land in the heart of the Black Hills. Inside, warm wood floors run through the main living space into a cozy, functional kitchen with plenty of cabinet space and the essential appliances included, so you can just move right in. Step out from the completely finished walkout basement and its expansive family room, with a possible kitchenette setup, straight into a backyard built for enjoying everything that the Black Hills has to offer. That possible kitchenette adds real flexibility too, with the potential to live upstairs and rent out the basement, or set it up the other way around. Two gas fireplaces efficiently heat both levels of the home, and a detached 316 sq. ft. outbuilding/garage keeps your gear ready for the next hike, ride, or project. Off street parking adds extra everyday convenience. A setting like this does not come around often. Book your showing today. Listed by Mathias Christians, Real Broker LLC, 605-920-1369

720 Barclay Avenue, Lead

121 Stone St, Lead
$160,000
3 Beds ⋅ 181063 MLS
Listed by Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 and Steve Kulmala South Dakota Properties 605-484-8501 Charming 3-bedroom, 1-bath bungalow nestled in the heart of Lead, South Dakota! Tucked into the beautiful Black Hills, this adorable home offers plenty of privacy along with amazing views to enjoy from your balcony or patio. Thoughtfully updated throughout, the home offers a comfortable blend of charm and modern convenience. Whether you’re looking for a full-time residence, a weekend getaway, or an investment opportunity, this turnkey property is ready for you to move in and enjoy. Walking distance from downtown, but yet tucked away! Come experience the beauty, privacy, and small-town charm of Lead!

121 Stone St, Lead

11030 Antelope Tr, Lead
$875,000
3 Beds ⋅ 181033 MLS
What if your Black Hills getaway was also your home base for adventure? This nearly new, fully furnished mountain retreat sits in the heart of the Northern Black Hills, just minutes from Terry Peak Ski Area, putting skiing, snowmobiling, hiking, ATV trails and year-round recreation practically outside your door. Inside, the beautifully maintained home offers a spacious, comfortable layout designed for gathering with family and friends. It comes completely furnished, making it easy to arrive and start enjoying the Black Hills from day one. Whether you're planning weekends in the Hills, extended stays or sharing the property with guests, much of what you need is already here. An oversized garage provides valuable space for vehicles, recreational gear, skis, bikes, ATVs and all the toys that come with mountain living. Ample outdoor parking adds even more flexibility for multiple vehicles, trailers and guests. Step outside and the Black Hills lifestyle takes over. Start your morning with coffee on the deck surrounded by pines, spend the day skiing Terry Peak, hiking, biking, riding the trails or exploring the Northern Hills, then come home and unwind beneath the Black Hills sky. With Lead, Deadwood and Terry Peak nearby, you'll have easy access to dining, entertainment, recreation and year-round events while still enjoying your own mountain retreat. Previously used as a vacation rental, the property offers flexibility as a personal Black Hills getaway, a furnished property with rental history, or a combination of both. This isn't simply a place to stay in the Black Hills—it's a home base for living them. Call or text Cheri St. Pierre, Berkshire Hathaway HomeServices Midwest Realty, at 605-390-2481 with questions or to schedule a personal showing.

11030 Antelope Tr, Lead

21606 Ginty Court, Lead
$110,000
90359 MLS
BUILD YOUR BLACK HILLS DREAM HOME! 0.72-acre buildable lot right on the Lead Country Club Golf Course! Enjoy beautiful mountain views, abundant wildlife, and the peace and privacy of the Northern Black Hills—all just minutes from Lead and Deadwood. * Golf right outside your door * Mickelson Trail directly across the road * Hiking, biking, horseback riding, snowmobiling & ATV trails nearby * Beautiful mountain setting * Paved roads, water, sewer & power * Minutes to Lead & approximately 5 more minutes to Deadwood Imagine morning coffee overlooking the Black Hills, an afternoon round of golf, and evenings enjoying your own piece of this incredible setting. Affordable. Buildable. Beautiful. And in an amazing location! Don't miss your chance to own a little piece of the Black Hills. TJ Larson | eXp Realty 605-580-0067

21606 Ginty Court, Lead

tbd Candlewood Pl Powerhouse Pass, Lead
$70,000
181016 MLS
Listed by Stacey Nelson 605-390-9028. Seriously - priced to sell!!!! Powder House Pass has almost NO lots remaining for sale in the coveted Trailside phase 1 & not at this amazing price!!! Hurry & snatch up this hard-to-find prime piece of .51 ACRES of land, surrounded by ponderosa pines, conveniently located within walking distance of the Powder House Pass subdivision's Community Building. It features a year-round heated outdoor pool, patio, club room, bathrooms, pool tables & more! Located in the northern Black Hills, it is ideal for those looking for peace & quiet amid the breathtaking natural scenery. Ideal for retirees, second home buyers, short term rental opportunities & investors. Existing Road systems, direct access to Highways 85 & 14A. Additionally, it provides easy access to the Mickelson trail, Snowmobile Trail #5, ski resort -Terry Peak Ski, ATV trails, Black Hills golf course, Lead Country Club, Historic Deadwood, & is minutes away from downtown Lead & Spearfish Canyon. Enjoy hiking, trekking, fishing, & other outdoor activities. Come build your new oasis!

tbd Candlewood Pl Powerhouse Pass, Lead

21163 Gilded Mountain Lp, Lead
$739,000
4 Beds ⋅ 90069 MLS
For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Tucked peacefully among the pines of the Northern Black Hills, this beautiful Gilded Mountain cabin is an ideal vacation rental or weekend getaway. Offering 4 bedrooms and 2 bathrooms, the lodge features recent updates including new paint, new furniture, updated appliances, and updated countertops. The kitchen is fully equipped for entertaining, with ample seating at the bar or additional outdoor seating on the deck and patio. The main level offers an inviting open layout with vaulted ceilings, gorgeous wood floors, and large windows showcasing picturesque views. The spacious primary bedroom features a private deck and convenient Jack-and-Jill access to the bathroom. Upstairs, the open loft provides an oversized second bedroom. The cozy walk-out lower level includes a family room with a wet bar, game area, two additional bedrooms, a full bathroom, laundry facilities, and sliding doors leading to the hot tub. Beyond the cabin, enjoy neighborhood amenities including a large clubhouse with a swimming pool, hot tub, pool table, workout room, and more. With its peaceful setting, comfortable layout, and recent updates, this Gilded Mountain retreat is ready to enjoy!

21163 Gilded Mountain Lp, Lead

21344 Embers Way, Lead
$1,025,000
4 Beds ⋅ 90271 MLS
Welcome to 21344 Embers Way, a charming 4-bedroom, 3-bathroom home tucked into the sought-after Powder House Pass community in Lead. Currently utilized as a vacation rental, this home offers the perfect combination of comfort, style, and functionality for a Black Hills getaway or a retreat of your own. Inside, you'll find beautiful finishes throughout, including quartz countertops and tile accents in the bathrooms. The thoughtfully designed open-concept main level creates an inviting space for gathering, with the kitchen, dining area, and living room flowing seamlessly together. Large windows fill the home with natural light and add to the bright, welcoming feel. The well-designed floor plan offers four bedrooms across two levels, providing plenty of space and privacy for guests. The upper level features an additional loft area, giving everyone room to spread out and relax after a day of enjoying the Black Hills. With its beautiful finishes, thoughtful floor plan, and incredibly inviting atmosphere, 21344 Embers Way is the kind of home that immediately feels like a getaway. Whether you're looking for a turn-key vacation rental investment or your own Black Hills escape, this Powder House Pass property offers the perfect setting to enjoy all the area has to offer. This is one of those homes that is simply easy to love!

21344 Embers Way, Lead

no property photo
$489,000
3 Beds ⋅ 180968 MLS
If you're looking for the perfect Black Hills getaway, then book your vacation and let's check out 21183 Lookout Trail in Lead, South Dakota! This 3-bedroom, 2-bath A-frame cabin is located in the heart of the Black Hills and is currently being used as an Airbnb. Surrounded by beautiful views and just minutes from outdoor recreational activities, this property offers the perfect opportunity to enjoy everything the Black Hills have to offer while also providing great rental potential. Step inside and you'll find a cozy main level featuring the kitchen, dining area, bathroom, and a small living room. The A-frame design creates a unique and inviting atmosphere, while the walkout back deck takes full advantage of the beautiful surroundings and offers an incredible outdoor space to relax and enjoy the views. Head downstairs to the basement, where you'll find a walkout door, a second living room, three bedrooms, and another bathroom with laundry. This layout provides plenty of space for guests, making it a great setup for vacation rentals or your own Black Hills retreat. Outside, you'll love the spacious outdoor area and hot tub, creating the perfect place to unwind after a day of exploring the Black Hills. With beautiful views, a functional layout, and close proximity to countless outdoor recreation opportunities, this cabin is a property you won't want to miss. Whether you're looking for a vacation getaway, a short-term rental opportunity, or your own place to escape to in the Black Hills, 21183 Lookout Trail offers a little bit of everything. Listed by Cheyenne McGriff, RE/MAX RESULTS (605) 209-1988 and co-listed by Karen Soderquist, RE/MAX RESULTS (605) 381-4300.

21183 Lookout Trail, Lead

21167 Turkey Trail, Lead
$745,000
4 Beds ⋅ 180939 MLS
Listed by Stacey Nelson at RE/MAX Results 605-390-9028. Welcome to this inviting cabin in the heart of Terry Peak, where rustic charm meets mountain comfort—& opportunity. Perfectly for both personal enjoyment & strong short-term rental income potential, this 4-bedroom retreat is perfect for vacations in the Hills & investment all in one! Sleeping 14 people & 3 full bathrooms, it is great for tons of people, & don’t forget the toys! With a 2-CAR GARAGE (many don't here), you can put your ATV’s or cars in for safe storage. Inside, you’ll find a warm open-concept main level w/ custom rustic finishes throughout. The cozy living area w/ a gas fire place flows seamlessly into a spacious kitchen, dining space, & walk out to the deck w/ amazing views of the trees for your outdoor BBQ. The main floor has a lovely bedroom, upstairs is a loft for extra living room & a primary bedroom w/ ensuite bath. The walkout basement expands the home’s functionality w/ a bright family room complete w/ a wet bar, two additional bedrooms one w/ a queen bed & a set of bunk beds, a full bath—perfect for hosting guests or maximizing rental occupancy. Step outside to the large, covered deck & enjoy hot tub in the peaceful surroundings year-round. Your laundry is conveniently located when you walk in from the garage to drop off the wet sock or muddy clothes before you go inside. Location is where this property truly shines. Just minutes from Terry Peak Ski Area, it’s a dream destination for skiing & snowboarding enthusiasts. Outdoor lovers will appreciate easy access to the George S. Mickelson Trail for hiking, biking, running, ATVing, & snowmobiling adventures. When it’s time for entertainment, historic Deadwood is just a short drive away, offering vibrant nightlife, gaming, dining, & rich Old West history that draws visitors year-round. Whether you’re searching for a private mountain escape, a full-time residence, or a high-demand vacation rental, or a little of both, this cabin delivers.

21167 Turkey Trail, Lead

21344 Embers Way, Lead
$1,025,000
4 Beds ⋅ 3 Baths ⋅ 90271 MLS
Welcome to 21344 Embers Way, a charming 4-bedroom, 3-bathroom home tucked into the sought-after Powder House Pass community in Lead. Currently utilized as a vacation rental, this home offers the perfect combination of comfort, style, and functionality for a Black Hills getaway or a retreat of your own. Inside, you'll find beautiful finishes throughout, including quartz countertops and tile accents in the bathrooms. The thoughtfully designed open-concept main level creates an inviting space for gathering, with the kitchen, dining area, and living room flowing seamlessly together. Large windows fill the home with natural light and add to the bright, welcoming feel. The well-designed floor plan offers four bedrooms across two levels, providing plenty of space and privacy for guests. The upper level features an additional loft area, giving everyone room to spread out and relax after a day of enjoying the Black Hills. With its beautiful finishes, thoughtful floor plan, and incredibly inviting atmosphere, 21344 Embers Way is the kind of home that immediately feels like a getaway. Whether you're looking for a turn-key vacation rental investment or your own Black Hills escape, this Powder House Pass property offers the perfect setting to enjoy all the area has to offer. This is one of those homes that is simply easy to love!

21344 Embers Way, Lead

Lot 6 Blk 4 Trailside Add, Lead
$100,000
180850 MLS
Listed by Stacey Nelson at RE/MAX Results - 605-390-9028. Build your future home or cabin on this amazing 0.56+/- acre lot in a desirable location near many biking & hiking trails, Terry Peak Ski Area, and Historic Deadwood. This lot is one of the VERY few remaining lots that is WALKING distance to the Club house, swimming pool and hot tubs Powder House Pass Subdivision has a lot to offer with its community clubhouse that has two pools, paved roads throughout, beautiful pine & aspen trees and a popular area for vacation rentals! This homesite is ideally located near Candlewood, placing you just a short walk from the clubhouse, pool, and hot tub, perfect for enjoying year-round amenities without ever needing to drive. Nestled in a well-planned community, this lot provides a great opportunity to design a home that fits your lifestyle while still being close to recreation, relaxation, and neighborhood gathering spaces. Whether you’re looking to build now or invest for the future, this location blends peaceful residential living with easy access to shared amenities and outdoor enjoyment. Owner has 2 lots side by side and will sell both. Image shown is of both lots together.

Lot 6 Blk 4 Trailside Add, Lead

416 Matthew Street, Lead
$304,000
3 Beds ⋅ 2 Baths ⋅ 90242 MLS
Co-listed by Debbie Siemonsma, C21 Spearfish Realty, 605-641-1955. Listed by Tyler Jones of RE/MAX Advantage 605-858-3723. Check out this golden nugget of a home in the historic town of Lead, SD. This property is rare in that it is adorned with multiple off street parking areas and an oversized 2 stall garage with heat. Whether you like entertaining or have big boy toys, this home has plenty of space for either one. Located on a quiet street, the deck and manicured lawn make for a peaceful setting. Inside the home you will find a nice sized kitchen with plenty of storage and counter space. Two bedrooms and a bath are conveniently located on the main level off the living room. The basement has recent updates with its family room, bedroom and laundry. Gas forced air heat, additional cove heat and central a/c round out the wish list! Just turn the key and move on in!

416 Matthew Street, Lead

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