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$1,999,900
5 Beds 4 Baths 88018 MLS
Nestled on 4.2 private, wooded acres in the sought-after Paradise Acres subdivision, 20723 Morning Star Road offers the perfect blend of luxury, privacy, and Black Hills beauty. Tucked away on a well-maintained private road and surrounded by towering pines, this custom-built mountain retreat even features its own charming apple orchard. Offering more than 3,500 square feet of thoughtfully designed living space, this exceptional home features 4 bedrooms, 3.5 bathrooms, and a heated attached garage. Rich craftsmanship shines throughout with stunning blue pine live-edge ceilings, beautiful wood finishes, and three fireplaces that create warmth and character. The spacious main level offers a private primary suite, dedicated office, and convenient powder bath. The walkout lower level is designed for entertaining with a large family room, custom wet bar, and direct access to the covered patio. Located just minutes from Terry Peak Ski Area, Spearfish Canyon, and historic Deadwood, this remarkable property offers the perfect balance of seclusion and convenience with year-round access to skiing, hiking, snowmobiling, and endless outdoor recreation. Whether you're searching for a luxury primary residence, vacation getaway, or legacy property, this one-of-a-kind Black Hills retreat is ready to be enjoyed for generations to come.

20723 Morning Star Road, Lead

$2,199,000
6 Beds 178164 MLS
Newly finished and impeccably appointed, this turn-key, fully furnished lodge in Powder House Pass offers 4,123 sq. ft. of elevated living with 6 ensuite bedrooms, 6 full baths, and a powder room—designed for both luxury retreats and high-performing investment potential. Vaulted ceilings, expansive windows, and a gas fireplace frame breathtaking Black Hills views, while the chef’s kitchen with quartz countertops and Matte White GE Café appliances flows seamlessly into open dining and living areas. Step onto the covered deck with hot tub and fire pit, perfect for entertaining, creating memorable stays, and ensuring guests return again and again. Upstairs, a spacious family room and additional ensuite bedrooms provide comfort and versatility, while the 2,722 sq. ft. 8-car garage doubles as an entertainment hub, complete with a professional golf simulator/theater—making this property stand out in the luxury rental market. High-end finishes and smart systems, including zoned HVAC, tankless water heater, separate garage climate control, and commercial-grade security, deliver both comfort and efficiency. Located in Powder House Pass with paved roads, clubhouse, heated pools, fiber internet, and direct access to the Mickelson Trail and ATV/snowmobile routes, and just minutes from Terry Peak and Historic Deadwood, this property offers the ultimate blend of adventure, lifestyle, and long-term value. Seller is offering a generous $100,000 landscaping allowance—a standout bonus to create your ideal outdoor space.

11297 Eastwind Ct, Lead

$2,199,000
6 Beds 7 Baths 87946 MLS
Newly finished and impeccably appointed, this turn-key, fully furnished lodge in Powder House Pass offers 4,123 sq. ft. of elevated living with 6 ensuite bedrooms, 6 full baths, and a powder room. Vaulted ceilings, expansive windows, and a gas fireplace frame breathtaking Black Hills views, while the chef’s kitchen with quartz countertops and Matte White GE Café appliances flows seamlessly into open dining and living areas. Step onto the covered deck with hot tub and fire pit, perfect for entertaining, creating memorable stays, and ensuring guests return again and again. Upstairs, a spacious family room and additional ensuite bedrooms provide comfort and versatility, while the 2,722 sq. ft. 8-car garage doubles as an entertainment hub, complete with a professional golf simulator/theater—making this property stand out in the luxury rental market. High-end finishes and smart systems, including zoned HVAC, tankless water heater, separate garage climate control, and commercial-grade security. Located in Powder House Pass with paved roads, clubhouse, heated pools, fiber internet, and direct access to the Mickelson Trail and ATV/snowmobile routes, and just minutes from Terry Peak and Historic Deadwood, this property offers the ultimate blend of adventure, lifestyle, and long-term value. Seller is offering a generous $100,000 landscaping allowance—a standout bonus to create your ideal outdoor space. Listed by Real Broker Jeff Christians 605-920-0425

11297 Eastwind Court, Lead

$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

$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

$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

$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

$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

$299,000
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

$235,000
87411 MLS
Create your ideal mountain residence or private retreat on this outstanding 1.13-acre homesite in the Trailside Addition at Powder House Pass. Tucked among tall pines within the Black Hills National Forest, the property offers a quiet, wooded backdrop with year-round access and a true sense of mountain seclusion without feeling remote. The natural topography makes this parcel especially well-suited for a walkout basement design, allowing you to maximize both living space and views while blending seamlessly into the surrounding landscape. With over an acre to work with, there is ample flexibility to position your home for privacy, sunlight, and outdoor entertaining areas. Adventure and recreation are just minutes away. Enjoy skiing and snowboarding at Terry Peak Ski Area, explore the historic charm and entertainment of Deadwood, South Dakota, take in the breathtaking scenery of Spearfish Canyon, or bike and hike the miles of picturesque trails along the Mickelson Trail. Whether you’re planning a full-time residence or a seasonal escape, this lot combines forest tranquility with close proximity to some of the Black Hills’ most desirable destinations. Parcels offering this size, setting, and build potential are increasingly rare — an exceptional opportunity to secure your own piece of the Black Hills lifestyle.

11292 Trailside Loop, Lead

$1,150,000
4 Beds 177247 MLS
Listed by Daneen Jacquot Kulmala South Dakota Properties 605-484-7832 & Steve Kulmala South Dakota Properties 605-484-8501. Discover this beautifully designed 4-bedroom, 3-bath home in the highly sought-after Powder House Pass community offering the perfect blend of warmth, space, and modern comfort. Enjoy exceptional features throughout, including a heated 2-car garage, a wrap-around Trex deck, and a private hot tub patio ideal for relaxing after a day of outdoor adventure. Bright, open-concept living area with a cozy gas fireplace. Large kitchen with abundant storage, expansive workspace, and double ovens perfect for hosting large gatherings. Primary ensuite includes a walk-in closet and spacious bathroom.The open loft offers versatile space for a game room, second living area, or additional sleeping capacity ideal for guests or vacation rental flexibility. It is plumbed for additional bathroom upstairs. This cozy yet expansive cabin on private lot in the pines on over an acre is the perfect Black Hills getaway.

11312 Powderhouse Trail, Lead