Refine Search
Sort by
$525,000
2 Beds 2 Baths 89471 MLS
Welcome to this beautifully updated, single-level mountain retreat offering comfort, style, and excellent income potential. This turnkey property is currently operating as a successful short term rental and provides a fantastic opportunity for a full-time residence, vacation getaway, or investment property. Featuring a thoughtfully designed one-level floor plan, this home offers easy living with modern updates throughout. The inviting exterior showcases low-maintenance finishes, a spacious covered front patio, and a peaceful setting surrounded by mature pine trees. Inside, enjoy a bright and functional layout with contemporary finishes and comfortable living spaces designed for relaxation and entertaining. The private outdoor living area is a true highlight, featuring a covered patio, privacy fenced backyard, hot tub, and space to gather with friends and family while enjoying the natural surroundings. The property’s location provides a tranquil escape while still offering convenient access to nearby recreation, amenities, and outdoor adventures. Whether you’re looking for a proven short-term rental investment, a second home, or a place to call your own, this updated one-level property offers the perfect blend of comfort, convenience, and mountain charm. Listed by Jon Mehlhoff, eXp Realty, 605.593.2763.

24227 Granite Point Court, Keystone

$525,000
2 Beds 179909 MLS
Welcome to this beautifully updated, single-level mountain retreat offering comfort, style, and excellent income potential. This turnkey property is currently operating as a successful short term rental and provides a fantastic opportunity for a full-time residence, vacation getaway, or investment property. Featuring a thoughtfully designed one-level floor plan, this home offers easy living with modern updates throughout. The inviting exterior showcases low-maintenance finishes, a spacious covered front patio, and a peaceful setting surrounded by mature pine trees. Inside, enjoy a bright and functional layout with contemporary finishes and comfortable living spaces designed for relaxation and entertaining. The private outdoor living area is a true highlight, featuring a covered patio, privacy fenced backyard, hot tub, and space to gather with friends and family while enjoying the natural surroundings. The property’s location provides a tranquil escape while still offering convenient access to nearby recreation, amenities, and outdoor adventures. Whether you’re looking for a proven short-term rental investment, a second home, or a place to call your own, this updated one-level property offers the perfect blend of comfort, convenience, and mountain charm. Listed by Jon Mehlhoff, eXp Realty, 605.593.2763.

24227 Granite Point Ct, Keystone

$459,999
179639 MLS
Nestled in the heart of the quaint and historic town of Keystone, SD, this spacious and beautifully maintained 6-bedroom, 2.5-bath home offers comfort, versatility, and peaceful Black Hills living at its finest. Surrounded by mature trees in a quiet, serene setting, you’ll love the sense of privacy while still being close to everything Keystone has to offer. With two full levels featuring separate entrances and separate meters, this property provides incredible flexibility—ideal for multi-generational living, rental income potential, or hosting extended guests. Each level includes its own kitchen and laundry area, making day-to-day living convenient and independent for occupants on both floors. Inside, you’ll find generous living spaces, well-sized bedrooms, and a layout designed for both comfort and functionality. The home has been very well maintained, reflecting pride of ownership throughout. Large windows invite in natural light and showcase the surrounding trees and tranquil setting. A 2-car garage provides ample space for parking and storage, while the peaceful location ensures you can relax and enjoy the beauty of the Black Hills. Whether you're looking for a primary residence, investment opportunity, or a home with room to grow, this unique Keystone property is full of possibilities.

907 Fouse St, Keystone

$1,200,000
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

$1,200,000
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

$175,000
89099 MLS
Listed by Kerry Engelmann with Hayden Outdoors at 605.484.4325. Own a piece of the Black Hills on 4.42 acres in the established Rushmore Ranch Estates, a community of custom homes just 13 minutes from Keystone and 30 from Rapid City. This is a legally platted lot of record in a maintained subdivision, not raw acreage, set along Borglum Road in one of the most sought-after residential corridors in the Hills. The lot is divided almost evenly between open grassland and mature Ponderosa pine, with 147 feet of elevation change that opens strong view potential toward Mount Rushmore and the surrounding granite peaks. Rocky outcroppings, towering pines, and gentle upper benches give the property genuine character and a natural, private setting for your future home. Recreation here is second to none. Mount Rushmore National Memorial is minutes away, with Custer State Park and its free-roaming bison herd, Black Elk Peak, Crazy Horse Memorial, Jewel Cave, and Wind Cave all within day-trip range. Whitetail deer and wild turkey move across the property, and miles of Black Hills National Forest trails wait just beyond. This is a rare chance to build your legacy home or weekend escape in the heart of the Black Hills, surrounded by quality custom residences and some of the most iconic country in the American West. Bring your plans and your horses and claim your place at the gateway to Mount Rushmore.

13752 Borglum Road, Keystone

$459,999
6 Beds 179464 MLS
Nestled in the heart of the quaint and historic town of Keystone, SD, this spacious and beautifully maintained 6-bedroom, 2.5-bath home offers comfort, versatility, and peaceful Black Hills living at its finest. Surrounded by mature trees in a quiet, serene setting, you’ll love the sense of privacy while still being close to everything Keystone has to offer. With two full levels featuring separate entrances and separate meters, this property provides incredible flexibility—ideal for multi-generational living, rental income potential, or hosting extended guests. Each level includes its own kitchen and laundry area, making day-to-day living convenient and independent for occupants on both floors. Inside, you’ll find generous living spaces, well-sized bedrooms, and a layout designed for both comfort and functionality. The home has been very well maintained, reflecting pride of ownership throughout. Large windows invite in natural light and showcase the surrounding trees and tranquil setting. A 2-car garage provides ample space for parking and storage, while the peaceful location ensures you can relax and enjoy the beauty of the Black Hills. Whether you're looking for a primary residence, investment opportunity, or a home with room to grow, this unique Keystone property is full of possibilities.

907 Fouse St, Keystone

$350,000
1 Beds 179407 MLS
Listed with Jill VantHul, Black Hills Realty 605-593-3242. Welcome to your own piece of Black Hills history at 432 Lafferty Gulch Road. Tucked quietly among the pines and surrounded by Forest Service land, it was built in 1928 to house one of the engineers who worked on the construction of Mt Rushmore. You can walk the same trail to Mt Rushmore today that the engineer walked then. Over the last 20+ years this vintage cabin has been meticulously maintained and upgraded. Improvements: Septic Tank 1500 gal 2005 - Well 265 ft with buried supply line 2005 - Electrical updated 2009 - Windows replaced 2012 - Security System 2018 - Roof replaced 2020 - Deck/Railing 2022 - Foundation (Post & Pier) 2022 - Gravel Driveway resurfaced 2023 - Exterior Doors with blinds 2023 - Maintenance Free Siding & Trim 2023 - Fireplace tuck pointing 2024. Perfectly situated on leased Forest Service land in the central Hills and only minutes from the 1880 Train, Hill City, and Keystone. Don't miss your chance to own this iconic cabin near Keystone.

432 Lafferty Gulch Rd, Keystone

$350,000
1 Beds 1 Baths 89004 MLS
Listed with Jill VantHul, Black Hills Realty 605-593-3242. Welcome to your own piece of Black Hills history at 432 Lafferty Gulch Road. Tucked quietly among the pines and surrounded by Forest Service land, it was built in 1928 to house one of the engineers who worked on the construction of Mt Rushmore. You can walk the same trail to Mt Rushmore today that the engineer walked then. Over the last 20+ years this vintage cabin has been meticulously maintained and upgraded. Improvements: Septic Tank 1500 gal 2005 - Well 265 ft with buried supply line 2005 - Electrical updated 2009 - Windows replaced 2012 - Security System 2018 - Roof replaced 2020 - Deck/Railing 2022 - Foundation (Post & Pier) 2022 - Gravel Driveway resurfaced 2023 - Exterior Doors with blinds 2023 - Maintenance Free Siding & Trim 2023 - Fireplace tuck pointing 2024. Perfectly situated on leased Forest Service land in the central Hills and only minutes from the 1880 Train, Hill City, and Keystone. Don't miss your chance to own this iconic cabin near Keystone.

432 Lafferty Gulch, Keystone

$365,900
2 Beds 1 Baths 88865 MLS
Nestled on 5.22 acres of secluded woodland, this 2017-built home offers the ultimate retreat for those seeking peace, privacy, and a true connection with nature. Built on reinforced piers sunk into granite, the home is solidly anchored and thoughtfully designed for its natural setting.Enjoy watching abundant wildlife, exploring your wooded surroundings, or simply relaxing by the warmth of the wood-burning stove in the livingroom. The property also includes a shed for extra storage and a spacious 48x48 Quonset Hut Garage—perfect for vehicles, projects, orhobbies. Located near Keystone, SD, with easy access to Mount Rushmore and famous Black Hills adventures, this is a must-see! Book your showings today. Listed by Rory Sturm, Blair Allen Luxury Real Estate, 719-510-4025

24427 Thovson Road, Keystone

$674,900
88767 MLS
ABSOLUTELY STUNNING LAND OPPORTUNITY! Discover 30+ fantastic acres along Hwy 40 near Rushmore Cave. With a well already in place, power in place, and no covenants, the possibilities are endless—build your dream home, create a private retreat, establish a business venture, or simply enjoy the freedom of owning a rare piece of land in an INCREDIBLE LOCATION. This remarkable property features two gated highway access points for easy year-round entry and showcases beautifully varied topography with rolling terrain, rock outcroppings, trees, and open meadow spaces. Climb to the top and take in the truly WONDERFUL VIEWS of Black Elk Peak and the surrounding Hills—views that make this parcel feel like your own private slice of paradise. Finding acreage with this kind of highway access, natural beauty, and flexibility is incredibly rare. Adding even more value, the existing billboard located on the property will transfer to the buyer - buyer can choose to utilize, rent out, or dismantle. Sheds on the property will stay. Seller did lots of new fencing, too! Whether you’re seeking investment potential, recreational land, or the ultimate Black Hills escape, this precious jewel is a one-of-a-kind opportunity!

13660 Highway 40, Keystone

$895,000
3 Beds 179004 MLS
Listed by Tyler Schad with Silverleaf Real Estate LLC. 605-430-3710. Nestled along scenic Old Hill City Road between Keystone and Hill City, this one-of-a-kind creekside property offers the perfect blend of privacy, natural beauty, and Black Hills charm. This 3 bedroom, 3 bathroom home sits on a rare and highly usable 2.21-acre parcel with stunning views of the creek and the historic 1880 Train as it winds through the hills. Enjoy peaceful outdoor living with the soothing sounds of the creek, abundant wildlife, and picturesque scenery right outside your door. The spacious property provides plenty of room for recreation, entertaining, or simply relaxing in a truly unique setting. Conveniently located between Keystone and Hill City, this home offers easy access to area attractions while maintaining the tranquility of a private retreat. Creek properties like this are hard to find — don’t miss this exceptional opportunity in the heart of the Black Hills.

12989 Old Hill City Rd, Keystone

$674,900
88589 MLS
HISTORIC BLACK HILLS HIDDEN TREAURE! Unlock endless potential with this 22.83-acre jewel inside KEYSTONE'S CITY LIMITS! Step back in time and enjoy the old mining tailings and remnants of long ago! A one of a kind offering on the market, this property is a canvas for your vision—whether a campground, glamping retreat, cozy cabins, or a private place to call home! Its prime location IN KEYSTONE CITY LIMITS places you at the heart of Black Hills attractions: Mt Rushmore, Keystone, Mt. Baldy Trail, Black Elk Peak, Custer State Park, Iron Mtn Road, and more. A rugged piece of land dotted with long range views and bordered by USFS on two sides, ensuring complete privacy beyond compare. The property has some existing infrastructure (including Pacer Plate mine from the 1940s) of old mining roads, facilitating easy exploration. Recently surveyed, each corner is clearly marked, providing a solid foundation for your ideas. Seize this opportunity to turn dreams into reality in a LOCATION with endless possibilities!

1201A Old Hill City Road, Keystone

$995,000
4 Beds 3 Baths 87984 MLS
RARE BLACK HILLS TREASURE! Secluded, scenic & packed with possibilities - this Black Hills retreat truly has it all! Nestled on 18.6 acres of premier land, this exceptional property offers a beautifully crafted 4-bed home, a 600 sq ft heated workshop, private pond & 1,152 sq ft Cleary building, complete w/2 horse stalls, fenced pasture & room to roam. Breathtaking views of wooded hills, rolling meadow & the pond right from the home! Inside, the custom-built home shines w/quality finishes & thoughtful design. The gourmet kitchen features abundant custom oak cabinetry, Corian countertops, a granite island & a walk-in pantry-perfect for everyday living & entertaining. Main level boasts 9-ft ceilings, raised panel oak doors & a cozy living room anchored by a gas fireplace that flows seamlessly into a bed/office w/incredible views. Master suite offers a peaceful retreat w/double vanity, jetted soaking tub & walk-in closet. Step out from the dining area onto a covered deck that extends to an open deck-ideal for soaking in the serenity of the private landscape & abundant wildlife. The walkout basement adds even more living space w/2 more beds, a full bath & a large family room w/another gas fireplace, plus direct access to a generous patio & beautifully landscaped yard w/a 9-zone sprinkler. With no thru traffic, nearby access to BH National Forest & ample space for horses, hobbies, equipment & outdoor adventure-this one checks every box. Bring your horses & your dreams!

24271 Rushmore Ranch Road, Keystone

$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

$157,000
87565 MLS
Black Hills luxury meets wild freedom. End-of-the-road privacy on a stunning homesite between Keystone and Hermosa, featuring sweeping valley and Box Canyon views, abundant wildlife, and no covenants, giving you the freedom to build exactly what you want. This truly build-ready lot offers a rare blend of seclusion, scenery, and convenience, just minutes from Mount Rushmore, Sylvan Lake, and Custer State Park, and only 32 minutes to Rapid City, with easy access to Hwy 79. Whether you’re dreaming of a luxury mountain retreat or a peaceful escape, this location delivers the lifestyle the Black Hills is famous for. Rare. Private. Powerful. This one hits different. Listed by Bobbi Bentz | Engel & Völkers 605-390-1941

13859 Melvin Road, Keystone

$499,000
86127 MLS
Listed by Jeremy Kahler, KWBH, 605-381-7500. Nestled along the scenic Iron Mountain Road in the heart of the Black Hills, Lakota Lake Encampment is an unparalleled 80 acre housing community offering 18 exclusive home sites, quality neighborhood amenities and the opportunity to build your dream home surrounded by thousands of protected forest service acres *Situated near the back of the development, this premium 1.39 acre lot backs directly to USFS and showcases great views of Mt. Rushmore *Mature pine trees, natural rock formations and great privacy await *Quality infrastructure already in place: association sewer and underground power to the lot, and well maintained paved roads throughout the area *Enjoy the community amenities: taking advantage of the unique history of the area, a former gold mine now houses a private wine cave, with gate-code access for residents *Gather with friends and family in the Rendezvous Lodge, invite family to stay at the Guest Lodge, or enjoy a quick walk to namesake Lakota Lake for top-quality trout fishing. Centrally located approx 20min from Keystone, 45min from Rapid City, and easy access to all the Black Hills has to offer- quiet luxury living is here- come build your dream home today.

TBD Trackers Trail, Keystone

$174,900
174506 MLS
Listed by Ashley Handcock, RE/MAX Advantage 605.393.5867. Discover 3.17 acres of Black Hills land near Keystone, SD, offering beautiful hilltop views and convenient access to Highway 40. Located in Battle Creek Mountain Estates, this residential lot features sloping terrain, gravel road access, and a peaceful setting surrounded by natural scenery and neighboring homes. On clear days, enjoy distant views of the Badlands and even the side profile of George Washington on Mount Rushmore. Mobile homes and stick-built homes are allowed, providing flexibility to build your dream home, vacation getaway, or investment property. Electric is nearby, and road maintenance is included in the taxes. Just minutes from Keystone and a short drive to Mount Rushmore National Memorial, this acreage combines location, views, and opportunity. Don't miss your chance to own land in the heart of the Black Hills.

TBD Lost Cave Ct, Keystone

$174,900
85090 MLS
Listed by Ashley Handcock, RE/MAX Advantage 605.393.5867. Discover 3.17 acres of Black Hills land near Keystone, SD, offering beautiful hilltop views and convenient access to Highway 40. Located in Battle Creek Mountain Estates, this residential lot features sloping terrain, gravel road access, and a peaceful setting surrounded by natural scenery and neighboring homes. On clear days, enjoy distant views of the Badlands and even the side profile of George Washington on Mount Rushmore. Mobile homes and stick-built homes are allowed, providing flexibility to build your dream home, vacation getaway, or investment property. Electric is nearby, and road maintenance is included in the taxes. Just minutes from Keystone and a short drive to Mount Rushmore National Memorial, this acreage combines location, views, and opportunity. Don't miss your chance to own land in the heart of the Black Hills!

TBD Lost Cave Ct., Keystone

$249,000
81051 MLS
BLACK HILLS BEST KEPT SECRET! Campfire tract in Exclusive Lakota Lakes Community. This is a beautiful meadow lot with frontage on both Painted Pony Road and Three Meadows Road. It has a nice rock outcroppings, too. Very near the Rendezvous Lodge. Slip away from the world to this enchanting community next to beautiful Lakota Lake with is great trout fishing and kayaking - and still under an hour from Rapid City! This 80 acre development is surrounded by miles and miles of public lands for a lifetime of enjoyment and exploring. The development is a wildlife preservation community so the homes are designed to fit in with the earth. Walk to the Wine Cave made in an old Gold Mine shaft to get your perfectly chilled wine! Or gather at the Rendezvous Lodge. There is a great guest home that you can reserve for a nominal fee if you own a lot here. Plan ahead for a full tour of the community! Come view this enchanted covenant protected piece of Black Hills Heaven. Surrounded by miles and miles of USFS lands for a lifetime of exploring. Only 18 homesites on this 80 acre preserve! Come see for yourself!

Tract Campfire Three Meadows Road, Keystone