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$1,000,000
172901 MLS
This legendary 16.6-acre property along Highway 79, currently set up as a drive-in movie theater. Features two of the largest drive-in screens in the United States and is ready for its next chapter. Long recognized as a local landmark, the property offers a rare opportunity to continue operating as a drive-in and revive a beloved attraction that could once again serve as a highlight for the town of Hermosa. The existing building adds flexibility for continued operations or repurposing, while the expansive acreage provides room for additional commercial or residential development. Whether preserving its nostalgic character or introducing a fresh vision, this historic site offers exceptional potential. Opportunities like this don’t come around often. Contact us today to learn more about this truly iconic property.

810 Tenaya St, Hermosa

$999,999
4 Beds 179550 MLS
Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home offers over 3,600 square feet, an attached two-car garage, generous living space, and a newly redone covered wraparound porch designed to take in the surrounding views. The property is framed by beautiful hills, including a large natural hillside backdrop that creates a private, tucked-away feel and excellent views. A separate cottage with a loft creates valuable flexibility for guests, extended living, a studio, office, hunting lodge setup, or potential rental use depending on buyer needs and applicable rules. With two parcels totaling 3.72 and 3.38 acres, the property offers space, separation, and long-term versatility that is difficult to find. Beautiful scenery, quiet roads, Forest Service adjacency, multiple living spaces, and a setting that feels peaceful and private make this a standout property for those seeking a Black Hills retreat, full-time residence, multi-generational setup, lodge-style getaway, or investment-minded opportunity. Properties with this combination of acreage, privacy, secondary living space, and location are rare.

24492 Oak Meadows Ct 24494 Oak Meadows Ct, Keystone

$999,999
4 Beds 3 Baths 89109 MLS
Presented by Dante Colicheski 605-484-2322. Rare Black Hills opportunity offering two parcels, 7.1 total acres, a spacious main home, and a separate cottage-style accessory dwelling near Keystone. Tucked away on Oak Meadows Court, this property delivers the privacy, scenery, and quiet setting buyers look for in the Hills, with the added benefit of backing to Forest Service land. The main home offers over 3,600 square feet, an attached two-car garage, generous living space, and a newly redone covered wraparound porch designed to take in the surrounding views. The property is framed by beautiful hills, including a large natural hillside backdrop that creates a private, tucked-away feel and excellent views. A separate cottage with a loft creates valuable flexibility for guests, extended living, a studio, office, hunting lodge setup, or potential rental use depending on buyer needs and applicable rules. With two parcels totaling 3.72 and 3.38 acres, the property offers space, separation, and long-term versatility that is difficult to find. Beautiful scenery, quiet roads, Forest Service adjacency, multiple living spaces, and a setting that feels peaceful and private make this a standout property for those seeking a Black Hills retreat, full-time residence, multi-generational setup, lodge-style getaway, or investment-minded opportunity. Properties with this combination of acreage, privacy, secondary living space, and location are rare.

24492 Oak Meadows Court, Keystone

$999,500
87915 MLS
Listed by Pete Jensen, KWBH, 605-484-6713. Great opportunity to add your investment porfolio- 8 unit apartment complex in central Rapid City with impressive occupancy rate and consistent rental history! Built in 2005, the building has 4 units on the upper level and 4 units on ground level, with a private parking lot. Ground level units are zero-entry for great accessibilty. Upper levels are accessed via recently refreshed decks on either end of the building. Combination of 2 bedroom/1 bathroom and 3 bedroom/2 bathroom units with rent ranging from $875-$1,075/unit, each having private entries, an open concept living space, full kitchen, private in-unit laundry and separate electric meters. Consistently improved on, units have updated kitchens, wall AC, low maintenance flooring, egress windows as needed and all appliances stay. Lots of recent preventive maintenance - water heater replacements, newer roof, deck staining, sprinkler system recharge, etc. Added income potential- room to raise rents or enjoy a strong excellent CAP rate as is. Conveniently located near downtown Rapid City, the Monument Arena and easy access to I90 and the Black Hills.

811 Mallow Street, Rapid City

$999,000
4 Beds 4 Baths 87322 MLS
***OPEN HOUSE TUES. AUG. 11TH FROM 11:00 AM - 1:00 PM*** EVERYTHING YOU WANT & MORE! Boast-worthy bonuses galore in this BRAND NEW CUSTOM BUILT HOME! Brimming with the utmost quality and fine craftsmanship. The beautifully designed exterior makes a lasting impression, while the grand great room boasts vaulted ceilings and floor-to-ceiling windows that bathe the space in natural light. The gourmet chef’s kitchen is equipped with state-of-the-art appliances, perfect for culinary enthusiasts, and features a spacious butler’s pantry. The luxurious primary suite is a private retreat tucked behind the kitchen, with a walkout to the covered patio for ultimate tranquility. Upstairs, you'll find three additional bedrooms and two more bathrooms, providing ample space for family and guests. The thoughtful floorplan includes an open loft space for quiet relaxing. The oversized 3-car garage offers plenty of room for vehicles and storage. The expansive outdoor living area includes a full-length covered patio, a second covered patio, and a beautiful level yard with trees along the lot line for added privacy. There's space for everyone to enjoy in this exquisite home. Schedule your tour today and experience it for yourself!

25270 Mill Pond Estates Rd, Custer

$999,000
4 Beds 5 Baths 87237 MLS
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information or to schedule a showing of this impressive Black Hills cabin. Situated on 3.34 acres, this fully furnished home offers zero-entry (no steps to enter) and main level living, making it perfect for all stages of life. Whether you're looking for a move in ready home, vacation rental, family getaway cabin, or a retirement home, this is sure to check many boxes. Featuring four spacious bedrooms, including not one, not two, but three ensuites — a true rarity that ensures privacy and comfort for everyone in the household. The convenience of main-level laundry and an additional laundry area upstairs elevates everyday living, making chores less of a hassle. Conveniently located within the desirable Paradise Acres Subdivision, between Spearfish and Deadwood, makes daily errands a breeze and year-round entertainment is just a short drive away. Paradise Acres features city water, high speed internet, natural gas, and good access.

20752 Morning Star Road, Lead

$998,000
6 Beds 4 Baths 89720 MLS
Listed by Suzanne White KW Realty - 605-390-0137 Perched along the fairways of Red Rock Estates, this exceptional contemporary residence offers effortless luxury, breathtaking golf course views, and an unparalleled lifestyle. Situated on nearly half an acre, the property captures sweeping 360-degree vistas while providing the perfect balance of privacy and convenience. Offering 3,957 square feet, 6 spacious bedrooms, and 3.5 baths, the home provides exceptional flexibility for family and guests alike. Designed for both grand entertaining and everyday comfort, the open-concept main level is filled with abundant natural light, highlighted by an expansive great room anchored by one of three gas fireplaces. The beautifully refreshed kitchen is both stylish and functional, boasting upgraded cabinetry, a designer tile backsplash, stainless steel appliances, a dramatic stand-alone range hood, a KitchenAid induction cooktop (2024), KitchenAid dishwasher (2024), and LG counter-depth refrigerator (2025). The adjoining formal dining room creates an elegant space for hosting family and friends. Vaulted and tray ceilings, rich hardwood floors, granite countertops and fresh interior paint (2024) add timeless sophistication. Thoughtful technology enhances everyday living with a whole-home Russound audio system featuring a new amplifier and control unit installed in February 2025, individual controls throughout each main-floor room and the deck.

6407 Muirfield Drive, Rapid City

$998,000
5 Beds 4 Baths 88540 MLS
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information. Experience Spearfish Canyon living at its finest with this exceptional half-acre lot bordered on 3 sides by thousands of acres of US National Forest land. This rare property offers unparalleled privacy with no immediate neighbors on either side, Spearfish Creek just across the road, and direct backyard access to the Annie Creek non-motorized trail. This private oasis is located 1.5 miles from Cheyenne Crossing and 3.5 miles from Spearfish Canyon Lodge/Latchstring Restaurant. The home features vaulted ceilings and floor-to-ceiling commercial grade windows that capture incredible views of the canyon. The functional main-level layout includes a primary bedroom, laundry room, and a double-sided gas fireplace with rough-hewn shelving that connects the remodeled kitchen and dining areas to the living room. It is a perfect space for entertaining family and guests in a majestic mountain setting. Upstairs, there are three additional bedrooms, a bathroom, a cozy sitting area & office overlooking the great room, and a spacious bonus room above the garage. The walk-out basement features a spacious family room with a wet bar and a cozy log fireplace, a storage room with 220v power once used as a workshop, a utility room, non-conforming bedroom, and a bathroom. The oversized, heated, two-car garage offers your vehicles and toys a safe sanctuary from the elements and ample additional storage.

21250 Us Hwy 14a, Lead

$997,500
5 Beds 178218 MLS
Listed by Stuart Martin ReMax Results, 6053904227. Welcome to your dream retreat in the heart of the stunning Black Hills—where luxury, comfort, and adventure come together in perfect harmony. This beautifully designed home offers the ideal blend of modern amenities and rustic charm, making it perfect as a full-time residence, vacation getaway, or investment property. Step into a spacious and inviting entryway that immediately sets the tone for the rest of the home. Just off the entrance, you’ll find a generously sized bedroom complete with bunk beds—perfect for accommodating guests or creating a cozy space for kids. The thoughtful layout continues as you move toward the heart of the home. The expansive open-concept living area is designed for both relaxation and entertaining. The living room provides ample space for gathering, whether you're hosting friends or enjoying a quiet evening. A warm and inviting gas fireplace creates the perfect focal point for cozy nights and is ideal for movie marathons or unwinding after a day of outdoor adventure. Flowing seamlessly from the living room to the impressive kitchen and dining area, is truly the centerpiece of the home! Featuring a massive granite island that invites conversation and connection—perfect for preparing meals while staying engaged with family and guests. High-end finishes include stainless steel appliances, a 5-burner gas cooktop, large farmhouse sink, stylish subway tile backsplash, cabinetry that features elegant waterfall glass-front doors, adding both character and functionality to the space. From the dining area, step outside onto the durable Trex deck and patio where you can soak in the surrounding beauty while enjoying the hot tub—an ideal place to relax after a day on the trails or the slopes. Convenience meets practicality with a well-placed half bath just off the garage entrance, complete with a large coat closet—perfect for storing outdoor gear in all seasons.

21266 Ridgewood Tr, Lead

$997,500
177788 MLS
10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well-suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. Listing agent has a financial interest in the property.

27024 Hwy 385, Hot Springs

$997,500
87673 MLS
10.96-acre industrial property located just minutes north of Hot Springs offering a rare combination of usable acreage, large square footage, and flexibility for owner-users, contractors, or investors. The property includes three interconnected buildings totaling approximately 26,538 square feet, featuring a 15,000 SF warehouse with two overhead doors, restrooms, LED lighting, and copper air lines, an 8,000 SF shop building with loading dock access, and a 3,500 SF office building with multiple offices, conference room, kitchen/break area, and restrooms. Equipped with 1,200-amp 3-phase power and dual electrical buses, this property is well suited for manufacturing, fabrication, storage, or distribution. The nearly 11-acre site provides ample yard space for equipment, vehicles, storage, or future expansion with convenient access off Highway 385. The layout allows for multiple tenants or business divisions, creating strong potential for income generation. Existing office space also offers potential for conversion to on-site living quarters for a live/work setup. Improvements are functional and built for utility, with core infrastructure already in place, allowing a new owner to update aesthetics over time while utilizing the property immediately. Seller financing and lease options are available. Call Joel Hawkins at 605-891-1869 for details. Listing agent has a financial interest in the property.

27024 Highway 385, Hot Springs

$995,000
180240 MLS
Listed by Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 and Steve Kulmala South Dakota Properties 605-484-8501 Step into Black Hills history with this extraordinary investment opportunity! Welcome to The Manor, a landmark property overlooking Deadwood Creek and ideally situated between the historic communities of Deadwood and Lead, South Dakota. Originally built in 1881, The Manor is one of the oldest surviving buildings in the Black Hills and continues to attract visitors eager to experience its rich history. Tour buses regularly stop at the property, and the convenient Deadwood Trolley picks up and drops off just steps away, providing easy access for visitors traveling to and from downtown Deadwood.The property is available with 2 acres or 5 acres, offering flexibility to fit your vision. For those seeking an even larger development opportunity, the seller is willing to consider selling the entire 20-acre parcel. Whether you’re dreaming of a boutique hotel, restaurant, event venue, museum, retail space, or another unique commercial venture, the possibilities are endless. With its unmatched historical significance, prime location, and exceptional development potential, The Manor presents a rare opportunity to own a piece of Black Hills history while creating something truly special for the future! Call today to set up your own personal showing!

11484 Hwy 14 11484 Hwy 14-A, Lead

$995,000
6 Beds 4 Baths 89302 MLS
For more information or to schedule a property tour, contact listing agent, Kenzie Clemmons at 605-645-9324, or co-listing agent, Lori DeVries at 605-641-7529. Stylish... classy... meticulously updated... great curb appeal... INCREDIBLY GORGEOUS custom home in a very sought after neighborhood on the beautiful and private tree-canopied Clark Lane! Houses don't go on the market here very often, & this one is looking for it's second owner to call it home. When you enter the home's circular paved driveway & continue to the welcoming covered front porch, you will marvel at the professional landscaping. Even the mailbox is custom! As you walk into the front foyer illuminated by a large chandelier, it's impossible not to notice the warmth and quality of this home immediately with it's hardwood floors, huge vaulted ceiling and thoughtful flowing layout. This spacious home features 6 bedrooms (one is currently a theater room) + a den/office w french door entry, 3.5 baths, & sits on .44 acres. It has over 4,200 sq ft of functional & gorgeous custom living space and almost 800 sq ft of paved outdoor patio space with mature trees for shade & privacy & manicured green space & flowers. You will admire all of this yourself & will love entertaining & showing off your beautiful home to your friends and family. Located just outside Spearfish city limits, the owner of this home benefits from the convenient proximity to Spearfish while appreciating the lower county property taxes.

108 Clark Lane, Spearfish

$995,000
4 Beds 179718 MLS
Listed by Jeff Lawler 605-218-1701 and Lori Barnett 605-786-5817, Engel & Völkers Black Hills. Flume Lane is one of the most sought-after addresses in the Black Hills, and this property delivers everything the location promises. Set on just over an acre with creek frontage and a manicured yard, the setting alone is worth the drive. The home offers 2,674 square feet of well-planned living space with four bedrooms, two and a half baths, and a dedicated office. The three-car garage provides the kind of storage most properties in this price range simply do not offer. Inside, the layout is functional and comfortable without wasted space. Out back, a large maintenance-free deck overlooks the creek and yard, with a hot tub positioned to take full advantage of the surroundings. The lot is mature and well-kept, with the privacy and acreage that make this corridor so desirable. Creek-side living on Flume Lane does not come available often. Properties like this move when buyers are paying attention.

22907 Flume Ln, Rapid City

$995,000
4 Beds 3 Baths 89275 MLS
Listed by Jeff Lawler 605-218-1701 and Lori Barnett 605-786-5817, Engel & Völkers Black Hills. Flume Lane is one of the most sought-after addresses in the Black Hills, and this property delivers everything the location promises. Set on just over an acre with creek frontage and a manicured yard, the setting alone is worth the drive. The home offers 2,674 square feet of well-planned living space with four bedrooms, two and a half baths, and a dedicated office. The three-car garage provides the kind of storage most properties in this price range simply do not offer. Inside, the layout is functional and comfortable without wasted space. Out back, a large maintenance-free deck overlooks the creek and yard, with a hot tub positioned to take full advantage of the surroundings. The lot is mature and well-kept, with the privacy and acreage that make this corridor so desirable. Creek-side living on Flume Lane does not come available often.

22907 Flume Lane, Rapid City

$995,000
3 Beds 178757 MLS
Black Hills Luxury Estate on 20 Acres | Private, Updated & Exceptionally Equipped Set among 20 acres of serene, jack pine forest landscape, this fully updated Black Hills retreat offers a rare combination of privacy, refined living, and functional space—just 15 minutes from downtown Rapid City. Surrounded by mature trees and abundant wildlife, the setting delivers true seclusion and tranquility while maintaining convenient access to the city. Inside, the home has been thoughtfully redesigned with modern, high-end finishes. The kitchen features quartz countertops and clean, timeless styling, while luxury vinyl plank flooring flows seamlessly throughout the main living areas. A striking fireplace creates a warm focal point, ideal for both quiet evenings and entertaining. The primary suite offers a spa-like retreat, complete with a soaker tub and a custom tiled shower, delivering both comfort and elevated design. Outdoor living is equally impressive with brand-new Trex deck—perfect for enjoying the peaceful surroundings and expansive views. The acreage provides ample space for horses, chickens or livestock, making it an ideal executive hobby ranch or private estate property. A standout amenity is the brand-new 44x30 garage/shop w 12' ceilings with attached covered lean-to, offering exceptional versatility for vehicles, equipment, and recreational storage. Above the shop, a 698 sq ft loft awaits additional opportunity for a home office, guest suite, or creative studio. This property represents a rare opportunity to own a private, turnkey Black Hills estate literally at the end of the road —where luxury, land, and lifestyle come together just minutes from Rapid City.

24054 Stoneridge Rd., Rapid City

$995,000
3 Beds 3 Baths 88443 MLS
Black Hills Luxury Retreat on 20 Acres | Shop, Loft & Designer Updates Discover a rare opportunity to own a private Black Hills retreat set on 20 forested acres, offering exceptional privacy, natural beauty, and tranquility—just 15 minutes from Rapid City. This fully updated residence that is three beds and two and a half baths, blends refined finishes with comfortable living. The kitchen showcases elegant quartz countertops, while luxury vinyl plank flooring flows throughout the main living areas. A statement fireplace anchors the living space, creating a warm, sophisticated atmosphere. The primary suite is a true retreat, featuring a spa-inspired bath with a soaker tub and custom tiled shower. Outdoor living is elevated with new Trex decking, perfect for taking in the peaceful, wooded surroundings. The acreage offers ideal space for horses or livestock, making it well-suited for an executive hobby ranch or private estate. A premier feature is the brand-new oversized 4 car, 44x30 and 12' walls with covered lean-to, providing exceptional functionality for vehicles, equipment, or recreation. Above, a 698 sq ft loft offers flexibility for a home office, guest quarters, or studio. A rare blend of luxury, land, and lifestyle—this property is literally at the end of the road, which delivers privacy without compromise, no covenants, just minutes from Rapid City.

24054 Stone Ridge Drive, Rapid City

$995,000
5 Beds 177156 MLS
Black Hills Hidden Gem! Welcome to Higgins Gulch, a serene subdivision nestled west of Spearfish. Perched amidst the hills, yet only a short 10-minute drive from town, this location offers the best of both worlds. During construction, the seller discovered a spring, blessing them with their very own pond - with cascading waterfall. This home boasts a spacious kitchen & dining area with incredible views! Gas fireplace adds warmth & charm, dividing the kitchen from the living room. Step out onto the expansive deck, where you can soak in the majestic scenery, plus a covered deck facing south. The primary bedroom features a luxurious tile shower, with a private deck overlooking the spring-fed pond and enchanting waterfall. Convenience is key w/ main floor laundry, while the walkout basement offers 3 bedrooms, another laundry area & convenient kitchenette. High ceilings & large windows throughout the house flood this space with natural light. For ultimate relaxation, indulge in the hot tub offering panoramic views. Nature enthusiasts will appreciate the property's natural spring fed pond, complete with a striking 100-foot-long 14-foot-high rock wall. Need easy access? An elevator awaits to whisk you to the elevated main level effortlessly!! Seller has utilized this property as a VRBO.

20076 Higgins Gulch Rd, Spearfish

$995,000
5 Beds 3 Baths 87197 MLS
For more information, please contact listing agent Michael Warwick 605-641-2569 with Great Peaks Realty. Black Hills Hidden Gem! Welcome to Higgins Gulch, a serene subdivision nestled west of Spearfish. Perched amidst the hills, yet only a short 10-minute drive from town, this location offers the best of both worlds. During construction, the seller discovered a spring, blessing them with their very own pond - with cascading waterfall. This home boasts a spacious kitchen & dining area with incredible views! Gas fireplace adds warmth & charm, dividing the kitchen from the living room. Step out onto the expansive deck, where you can soak in the majestic scenery, plus a covered deck facing south. The primary bedroom features a luxurious tile shower, with a private deck overlooking the spring-fed pond and enchanting waterfall. Convenience is key w/ main floor laundry, while the walkout basement offers 3 bedrooms, another laundry area & convenient kitchenette. High ceilings & large windows throughout the house flood this space with natural light. For ultimate relaxation, indulge in the hot tub offering panoramic views. Nature enthusiasts will appreciate the property's natural spring fed pond, complete with a striking 100-foot-long 14-foot-high rock wall. Need easy access? An elevator awaits to whisk you to the elevated main level effortlessly!! Seller has utilized this property as a VRBO.

20076 Higgins Gulch Road, Spearfish