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$299,900
178145 MLS
Rare cul-de-sac opportunity in Powder House Pass—where your Black Hills escape and next investment come together. This 1.66-acre homesite offers the space, privacy, and setting buyers are actively searching for, making it an ideal foundation for a custom retreat, high-performing vacation rental, or both. Imagine designing a home that captures the surrounding scenery, where guests arrive for the experience—and return for it. With electric, gas, and water already in place, you’re one step closer to bringing that vision to life while reducing build complexity and timelines. Located in one of the area’s most sought-after communities, you’ll find yourself just minutes from Terry Peak Ski Area, Historic Deadwood, and an extensive network of trails, creating year-round demand and lifestyle appeal. The community enhances the experience with a clubhouse, two swimming pools, paved roads, and HOA-covered snow removal and road maintenance—making ownership as effortless as it is enjoyable. Whether you’re building a private mountain getaway or a strategic income-producing property, this lot offers a rare combination of location, usability, and long-term potential. Opportunities like this—large, build-ready cul-de-sac lots—are limited. Secure your place in Powder House Pass before it’s gone.

Lot 29 Block 5 Trailside Add Tbd Eastwind Court, Lead

$299,900
87919 MLS
Rare cul-de-sac opportunity in Powder House Pass—where your Black Hills escape and next investment come together. This 1.66-acre homesite offers the space, privacy, and setting buyers are actively searching for, making it an ideal foundation for a custom retreat, high-performing vacation rental, or both. Imagine designing a home that captures the surrounding scenery, where guests arrive for the experience—and return for it. With electric, gas, and water already in place, you’re one step closer to bringing that vision to life while reducing build complexity and timelines. Located in one of the area’s most sought-after communities, you’ll find yourself just minutes from Terry Peak Ski Area, Historic Deadwood, and an extensive network of trails, creating year-round demand and lifestyle appeal. The community enhances the experience with a clubhouse, two swimming pools, paved roads, and HOA-covered snow removal and road maintenance—making ownership as effortless as it is enjoyable. Whether you’re building a private mountain getaway or a strategic income-producing property, this lot offers a rare combination of location, usability, and long-term potential. Opportunities like this—large, build-ready cul-de-sac lots—are limited. Secure your place in Powder House Pass before it’s gone. Listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 29 Block 5 Eastwind Court, Lead

$184,900
2 Beds 178063 MLS
Listed by Michelle Chenoweth eXp Realty -Welcome to 201 W McClellan Street in Lead, SD — a cute and cozy Black Hills getaway with stunning views of Lead’s historic Open Cut. This 2 bedroom, 1 bathroom home offers character, comfort, and strong appeal as a vacation rental, Airbnb investment property, or full-time residence in the heart of Lead. Inside, you’ll find charming living spaces with beautiful trim details, a comfortable living room with a view into the office, and a practical mud room entry that adds everyday function. The home also features updated siding and paint, giving it a fresh exterior touch while maintaining its inviting personality. Step outside to the open side deck and take in the views — a perfect spot for morning coffee, relaxing evenings, or giving guests that classic Lead, South Dakota mountain-town experience. On-street parking is available, plus City of Lead off-street parking next door adds extra convenience. Located near Deadwood, skiing, hiking, dining, and Black Hills attractions, this property is full of potential for buyers looking for a Lead SD investment property, vacation home, or short-term rental opportunity with scenery and charm.

201 W Mcclellan, Lead

$849,000
3 Beds 177953 MLS
A stunning home with unmatched views, an elevated design, fully furnished & turn key! Incredible opportunity to own your dream vacation rental or personal getaway in the heart of the Black Hills. Perfect for full-time living, rental income, guest accommodations, or a combination of all three. Set on just under 5 private acres this home offers breathtaking views of Terry Peak, Deer Mountain, and the surrounding forested hills. Offering 1457 sq ft, this two-story home includes 3 bedrooms, 2 bathrooms, and a 686 sq ft drive-under garage. The inverted layout places the kitchen, dining, living area, and one full bath on the top floor—taking full advantage of the views, towering over the trees. One level down, you'll find all three bedrooms and a second full bathroom. The garage sits on the lowest level with drive-under access. The home features vaulted ceilings, abundant natural light, a wood-burning fireplace, concrete kitchen countertops, and a mix of LVP and carpet flooring. Split-unit heating and cooling make this home comfortable year-round. Whether you're looking for a peaceful retreat, a vacation rental setup, or a place to gather with friends and family, this property is perfect!

21304 Wasp Rd, Lead

$725,000
2 Beds 177952 MLS
Fully furnished & turn key with rustic charm and modern comfort! Incredible opportunity to own your very own vacation rental or private retreat in the heart of the Black Hills—perfect for full-time living, rental income, guest accommodations, or a combination of all three. With breathtaking views of Terry Peak, Deer Mountain, and the surrounding forested hills, this property is truly a dream! This 972 sq ft ranch-style home features 2 bedrooms, 2 bathrooms, and a 24x27 attached garage equipped with 220 power and water—ideal for cleaning your snowmobile or side-by-side after a day of adventure. Inside, you'll find hardwood floors, hand-torched wood accents, and a cozy wood-burning fireplace. The open kitchen includes leathered granite countertops, a breakfast bar, and flows effortlessly into the dining and living spaces. Both bathrooms feature walk-in showers. Additional highlights include central A/C, forced air heat (plus the wood-burning fireplace), ceiling fans, and a spacious deck to soak in the panoramic views. The home also features a 378 sq ft storage area beneath the house - perfect for your snowblower or additional storage. This home is truly a dream, and must be viewed in person! Schedule your showing today. Listed by Cheyenne McGriff, RE/MAX RESULTS (605) 209-1988 and co-listed by Karen Soderquist, RE/MAX RESULTS (605) 381-4300.

21302 Wasp Rd, Lead

$1,574,000
5 Beds 177951 MLS
Two Homes on Nearly 6 Acres! Fully furnished & turn key! Incredible opportunity to own two homes in the heart of the Black Hills—perfect for full-time living, rental income, guest accommodations, or a combination of all three. Set on just under 6 private acres with no visible neighbors, these homes share a private well (serving a total of three properties) and offer breathtaking views of Terry Peak, Deer Mountain, and the surrounding forested hills. *21302 Wasp Rd – Rustic Charm & Modern Comfort* This 972 sq ft ranch-style home features 2 bedrooms, 2 bathrooms, and a 24x27 attached garage equipped with 220 power and water—ideal for cleaning your snowmobile or side-by-side after a day of adventure. Inside, you'll find hardwood floors, hand-torched wood accents, and a cozy wood-burning fireplace. The open kitchen includes leathered granite countertops, a breakfast bar, and flows effortlessly into the dining and living spaces. Both bathrooms feature walk-in showers. Additional highlights include central A/C, forced air heat (plus the wood-burning fireplace), ceiling fans, and a spacious deck to soak in the panoramic views. *21304 Wasp Rd – Elevated Design with Room to Grow* This two-story, split-level home includes 3 bedrooms, 2 bathrooms, and a 680 sq ft drive-under garage. The inverted layout places the kitchen, dining, living area, and one full bath on the top floor—taking full advantage of the views, towering over the trees.One level down, you'll find all three bedrooms and a second full bathroom. The garage sits on the lowest level with drive-under access. The home features vaulted ceilings, abundant natural light, a wood-burning fireplace, concrete kitchen countertops, and a mix of LVP and carpet flooring. Split-unit heating and cooling make this home comfortable year-round. Whether you're looking for a peaceful retreat, a vacation rental setup, or a place to gather with friends and family, this dual-home property is perfect!

21304 & 21302 Wasp Rd, Lead

$1,449,000
177943 MLS
Build your mountain retreat in the exclusive Deer Mountain Village community. This 2.82-acre homesite offers privacy, space, and incredible scenery within a private gated development known as the highest elevation community east of the Rockies. Bordering expansive Forest Service land, the property provides immediate access to year-round outdoor recreation right from your future doorstep. Deer Mountain Village is designed for a luxury resort-style lifestyle, with planned amenities that include a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community clubhouse projected for completion in September 2026 will offer an inviting gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the slopes. Utilities are ready to support your custom build, including municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Conveniently located near the Englewood Trailhead of the Mickelson Trail and only minutes from Lead Country Club, this homesite combines luxury mountain living, privacy, and unmatched access to the Black Hills outdoors.

Lot 193 Deer Mountain Deer Mountain Village, Lead

$1,449,000
177942 MLS
Discover the rare opportunity to build within the exclusive gated community of Deer Mountain Village. This remarkable 3.42-acre homesite offers privacy, prestige, and sweeping Black Hills scenery from the highest elevation community east of the Rockies, with direct access to Forest Service land for year-round outdoor adventure. Planned amenities are designed to create a true resort-style mountain lifestyle, including a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community **clubhouse—anticipated for completion in September 2026—**will serve as a gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the mountain. The property itself features a beautiful natural rock formation, offering a unique opportunity to incorporate a distinctive architectural element into your custom home design. Infrastructure is already in place with municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Ideally located near the Englewood Trailhead of the Mickelson Trail and just minutes from Lead Country Club, this homesite delivers a rare combination of luxury, privacy, and unparalleled Black Hills recreation.

Lot 191 Deer Mountain Deer Mountain Village, Lead

$1,449,000
87766 MLS
Build your mountain retreat in the exclusive Deer Mountain Village community. This 2.82-acre homesite offers privacy, space, and incredible scenery within a private gated development known as the highest elevation community east of the Rockies. Bordering expansive Forest Service land, the property provides immediate access to year-round outdoor recreation right from your future doorstep. Deer Mountain Village is designed for a luxury resort-style lifestyle, with planned amenities that include a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community clubhouse projected for completion in September 2026 will offer an inviting gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the slopes. Utilities are ready to support your custom build, including municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Conveniently located near the Englewood Trailhead of the Mickelson Trail and only minutes from Lead Country Club, this homesite combines luxury mountain living, privacy, and unmatched access to the Black Hills outdoors. Listed by Jeffrey Herr, Real Broker LLC, 605-430-9549 and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 193 Deer Mountain Road, Lead

$1,449,000
87765 MLS
Discover the rare opportunity to build within the exclusive gated community of Deer Mountain Village. This remarkable 3.42-acre homesite offers privacy, prestige, and sweeping Black Hills scenery from the highest elevation community east of the Rockies, with direct access to Forest Service land for year-round outdoor adventure. Planned amenities are designed to create a true resort-style mountain lifestyle, including a 58-foot seasonal infinity saltwater pool, year-round hot tub, two fishable trout ponds, pickleball, basketball, and sport courts, and guided seasonal horseback riding tours. A community **clubhouse—anticipated for completion in September 2026—**will serve as a gathering space for residents. Owners will also enjoy access to a private ski resort with short lift lines, maximizing time on the mountain. The property itself features a beautiful natural rock formation, offering a unique opportunity to incorporate a distinctive architectural element into your custom home design. Infrastructure is already in place with municipal water, Black Hills Electric, high-speed fiber optic internet, and paved roads. Ideally located near the Englewood Trailhead of the Mickelson Trail and just minutes from Lead Country Club, this homesite delivers a rare combination of luxury, privacy, and unparalleled Black Hills recreation. Listed by Jeffrey Herr, Real Broker LLC, 605-430-9549 and co-listed by Mathias Christians, Real Broker LLC, 605-920-1369

Lot 191 Deer Mountain Road, Lead

$979,900
3 Beds 2 Baths 87707 MLS
Spearfish Canyon Log Cabin Retreat – 3 Bed | 2 Bath - 2 Car Extended Garage- Fully Furnished. Nestled in the breathtaking beauty of Historic Spearfish Canyon in the heart of the Black Hills, this log crafted furnished 3-bedroom, 2-bath cabin offers the perfect blend of rustic charm and modern comfort. The great room has Vaulted ceilings, Stone fireplace and exposed log beams. Spacious open concept kitchen with rustic wood cabinetry. Loft has a private deck to enjoy the views. Dining room access to the Large deck and hot tub perfect for relaxing and entertaining. Relax enjoy beautiful views. Expansive yet, cozy family room with fireplace, pool table and walk-out to the patio. Adventure awaits, on this 2 Acre Private wooded lot with Abundant wildlife. Surrounded by towering pine trees and dramatic canyon walls and views of the creek, this mountain retreat provides a peaceful escape with year-round outdoor recreation right outside your door. Roughlock Falls and Recreation trails are just a few minutes away. 1/4 mile from entertainment at the Spearfish Cayon Lodge/Latchstring Restaurant. Schedule an appointment to see this property with the listing agent, Alecia Hoffman, Berkshire Hathaway HomeServices Midwest Realty, 605-580-6230. Buyers or buyers’ agent responsible to verify property details.

10624 Wildlife Lane, Lead

$899,000
3 Beds 3 Baths 87699 MLS
Listed by Falina Selchert with Apex Real Estate Collective powered by Real. Call 605-759-0808 for more details or a private tour. Welcome to 11279 Black Forest Road, a brand new 2026 home in Powder House Pass that brings together high end finishes, easy single level living, and the kind of garage space that is hard to find and even harder to forget. This 3 bedroom, 3 bathroom ranch style home offers 1,730 finished square feet, an open floor plan, knotty alder style cabinetry, quartz countertops, stainless steel appliances, a gas fireplace, a spacious primary suite with walk in closet, and main floor laundry. The real showstopper is the garage setup with an attached 2 car garage plus a massive 1,656 square foot RV and toy garage featuring a 14 foot door, 18 foot ceilings, heater, and multiple power hookups for your RV and toys. Sold fully furnished with kitchenware and a hot tub, this property is ready for full time living, a second home, or an investment in the heart of the Black Hills. Call Falina at 605-759-0808 or your favorite realtor for more details or a private tour.

11279 Black Forest Road, Lead

$200,000
87695 MLS
Listed by Falina Selchert with Real Broker, LLC I invite you to discover the perfect slice of Black Hills paradise with this exceptional 1+ acre lot in the premier Powder House Pass community. Enveloped by mature trees, this lot offers natural beauty and privacy, saving on landscaping costs and giving you the option of a low-maintenance yard. The gently sloping terrain makes it ideal for a zero-entry main floor and a walk-out lower level with the potential for 9-foot ceilings, plus there’s room for a spacious shop or extended garage. And here’s a unique touch: the lot is situated over several original gold claims, perfect for creating a one-of-a-kind water feature or adding character to your outdoor space! Located just a short walk from the community center, you’ll enjoy amenities like a heated pool, fire pit, and direct access to the Mickelson Trail, snowmobile, and ATV trails. You’re also close to year-round recreation at Terry Peak Ski Area, local golf courses, and all the dining and entertainment of historic Deadwood and Lead. With paved roads leading right up to your lot line and essential utilities, including community water, sewer, natural gas, and underground power, this lot is ready for you to start building your dream retreat. There are $1791.68 per year Special Assessments for snow removal, a community center with pool and water system. Call Falina at 605-759-0808 with questions or to schedule a time to see this property in person.

Lot 4 Blk 8 Autumn Lane, Lead

$219,900
177814 MLS
Build Your Black Hills Retreat! This lot is tucked away in Powder House Pass, a peaceful, wooded setting surrounded by the stunning Black Hills. This lot offers the perfect canvas for your dream vacation home. Build a cozy cabin or a stunning mountain retreat, this lot offers multiple ideal building sites to build your dream home. Enjoy all of the attractions the Black Hills has to offer, including access to top-tier amenities, including a Community Building, a seasonal heated pool, and a year-round heated pool. Lots are equipped with paved roads, water, sewer, and natural gas access, cell reception, and high-speed internet—combining modern convenience with the tranquility of nature. Adventure is just outside your door, with Mickelson Trail and snowmobile trail access nearby, plus close proximity to Terry Peak Ski Resort and several beautiful golf courses. This location is the perfect mix of nature, recreation, and luxury.

TBD Trailside Loop, Lead

$179,900
3 Beds 2 Baths 87663 MLS
Listed by Jeremy Kahler, KWBH, 605-381-7500. Tucked atop a hillside in historic Lead, SD this ranch style home with a walkout basement has unique character, great views of Terry Peak and space to customize- all it needs is YOU! This home offers 3 bedrooms, 1.5 bathrooms and 1,736sqft. Front living room has wood floors, great natural light and a unique gas fireplace. Pass through an arched doorway through the formal dining area and into the galley kitchen with bonus breakfast nook. Large family room in back of the home, with separate laundry closet and deck access. 2 bedrooms and 1 full bathroom on the main level. Walkout basement is partially finished and has a large bedroom with walk in closet, half bathroom and storage space. Outside has a fenced front and back yard and a detached 1-car garage for secured parking. Located in a quiet neighborhood just above Lead-Deadwood High School, this home is ready for new owners- call today!

613 W Summit Street, Lead

$899,000
4 Beds 177657 MLS
Welcome to this stunning 4-bed, 3.5-bath home in the desirable Gilded Mountain Subdivision nestled in a secluded setting surrounded by mature pines. The main level features an open-concept layout with the kitchen & dining room flowing into a vaulted living room highlighted by oversized windows that flood the space with natural light. The kitchen offers a pop of color with an island great for hosting! The upper level loft includes a private bedroom and 3/4 bathroom, ideal for guests. The main-floor primary suite features a sliding door to the covered deck, a step-in closet, and a beautifully tiled en-suite bathroom with glass shower and tile flooring. The walkout basement is designed for entertaining with a spacious family room, bar area with mini fridge & wet sink, theatre seating, two additional bedrooms, and a full bathroom, plus a hot tub located on the walkout patio. Washer and dryer areas on both the main level and basement adds convenience. Enjoy the expansive wraparound deck and peaceful setting, making this home ideal for full-time living, vacation use, or investment opportunity! This house has a ton of character and is a must-see!

21120 Gilded Mountain Rd Terry Gulch Road, Lead

$899,000
4 Beds 4 Baths 87580 MLS
For more information, please contact listing agents Scot Munro 605-641-6482 or Heath Gran 605-209-2052 with Great Peaks Realty. Welcome to this stunning 4-bed, 3.5-bath home in the desirable Gilded Mountain Subdivision nestled in a secluded setting surrounded by mature pines. The main level features an open-concept layout with the kitchen & dining room flowing into a vaulted living room highlighted by oversized windows that flood the space with natural light. The kitchen offers a pop of color with an island great for hosting! The upper level loft includes a private bedroom and 3/4 bathroom, ideal for guests. The main-floor primary suite features a sliding door to the covered deck, a step-in closet, and a beautifully tiled en-suite bathroom with glass shower and tile flooring. The walkout basement is designed for entertaining with a spacious family room, bar area with mini fridge & wet sink, theatre seating, two additional bedrooms, and a full bathroom, plus a hot tub located on the walkout patio. Washer and dryer areas on both the main level and basement adds convenience. Enjoy the expansive wraparound deck and peaceful setting, making this home ideal for full-time living, vacation use, or investment opportunity! This house has a ton of character and is a must-see!

21120 Gilded Mountain Road, Lead

$1,299,000
5 Beds 177547 MLS
Just minutes from Terry Peak, snowmobile trails and Historic Deadwood, this 5-bedroom turn-key luxury retreat offers nearly 3,800 sq ft on a rare .75-acre lot offering breathtaking Black Hills views. Step inside to be welcomed with a stunning, open-concept living with a warm fireplace, grand windows, soaring ceilings and custom stone and steel accents. Rough-sawn lumber stairs lead to a lofted catwalk with rugged metal accents, creating a dramatic focal point and connecting two spacious bedrooms with a full bath. The main-level primary ensuite offers a walk-in tile shower, double vanity, granite countertops and direct access to the expansive back deck. The walkout basement features two bedrooms each with ensuite baths and walk-in closets, large family room and direct access to the hot tub—a truly private escape. The kitchen and dining area feature granite countertops and a stone accent wall flowing seamlessly into the great room—ideal for entertaining. Enjoy the spacious deck with tree-lined views, relax in the sauna, plus - a nostalgic '90s arcade game complete the package. You will appreciate the heated two-car garage. Located in Powder House Pass, enjoy paved roads, high-speed internet, year-round heated pool and direct trail access. With a strong rental history, this is both a premier investment opportunity and the ultimate Black Hills getaway!

21291 Rubys Way, Lead

$1,299,000
5 Beds 6 Baths 87486 MLS
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. Just minutes from Terry Peak, snowmobile trails and Historic Deadwood, this 5-bedroom turn-key luxury retreat offers nearly 3,800 sq ft on a rare .75-acre lot offering breathtaking Black Hills views. Step inside to be welcomed with a stunning, open-concept living with a warm fireplace, grand windows, soaring ceilings and custom stone and steel accents. Rough-sawn lumber stairs lead to a lofted catwalk with rugged metal accents, creating a dramatic focal point and connecting two spacious bedrooms with a full bath. The main-level primary ensuite offers a walk-in tile shower, double vanity, granite countertops and direct access to the expansive back deck. The walkout basement features two bedrooms each with ensuite baths and walk-in closets, large family room and direct access to the hot tub—a truly private escape. The kitchen and dining area feature granite countertops and a stone accent wall flowing seamlessly into the great room—ideal for entertaining. Enjoy the spacious deck with tree-lined views, relax in the sauna, plus - a nostalgic '90s arcade game complete the package. You will appreciate the heated two-car garage. Located in Powder House Pass, enjoy paved roads, high-speed internet, year-round heated pool and direct trail access. With a strong rental history, this is both a premier investment opportunity and the ultimate Black Hills getaway!

21291 Rubys Way, Lead

$274,900
87422 MLS
Call Ashley Kurtenbach Whitetail Properties 605-201-9333. 2.57 +/- acre parcel located in Aventure Estates on Terry Peak Summit Road in Lawrence County, South Dakota. This partially wooded lot offers county maintained road access with utilities nearby. The property is considered buildable, subject to county and subdivision regulations. Located between Lead and Spearfish Canyon, the property provides access to year round outdoor recreation. Nearby opportunities include skiing at Terry Peak, hiking, mountain biking, creek fishing, and snowmobiling. The surrounding elevated terrain offers scenic views of the Black Hills landscape, with a short walk toward the nearby tower area. Approximate distances include 5 miles to Lead, 8 miles to Deadwood, and 14 miles to Spearfish. Rapid City is approximately 45 miles to the southeast and provides regional services and an airport. Buyer to verify all information, utilities, access, and intended use.

TBD Terry Peak Summit Rd, Lead