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$1,100,000
3 Beds ⋅ 180199 MLS
Listed by Ryan M. Hall | 605-209-5215 | Premier Properties, LLC. Secluded on 5 premier acres in the heart of the Black Hills, this extraordinary property adjoins United States Forest Service land on three sides, with Rocky Mountain Elk Foundation land just minutes away. Elk are frequent visitors, adding to the peaceful, one-of-a-kind setting. Middle Box Elder Creek flows year-round through the property, complemented by a serene pond that creates a truly remarkable outdoor retreat. The 3,100-square-foot home has received numerous recent updates, including all-new windows and sliding glass doors that fill the interior with natural light while showcasing the incredible surrounding views through the oversized sliding glass door all set up for the new owners dream deck. The main level features an inviting open-concept layout with vaulted ceilings, a striking gas fireplace, and two bedrooms. The primary suite includes a private balcony and an en-suite bathroom. As you make your way downstairs, antique copper accents along the stairway walls highlight the thoughtful craftsmanship found throughout the home. The lower level offers a spacious family room with a wet bar, barn wood accent walls, and an impressive sliding glass door walkout that brings in abundant natural light. This level also includes a third bedroom that functions as a second primary suite with its own private bathroom. Above the main floor, a loft provides additional flexible space that could be used as a home office, guest sleeping area, or quiet retreat. The perimeter of the entire 5 acres is fenced and has a gate to enter the driveway to maintain privacy. Whether you are searching for a full-time residence or a private Black Hills getaway, this property offers the beauty, privacy, and character of a true legacy property—one that can be enjoyed for generations to come.

22099 Rocky Johnson Rd, Lead
$1,495,000
4 Beds ⋅ 180163 MLS
If you're looking for a unique twist on a vacation cabin in the Hills - this is IT! Featuring a 21x30 basketball court/rec room providing a large space for guests of all ages and the whole family to enjoy! You will love the open balcony overlooking this ideal space from the main level! This 4-bedroom retreat sets it apart from the rest! Located in the heart of the Black Hills in Powder House Pass. The open concept main living features a gas log fireplace, spacious kitchen with center island and walkout access to the covered deck with bar seating! The main level also hosts the primary ensuite with a zero-entry wet room, double vanities and walk-in closet that leads directly into the laundry room and mudroom. Additional 3 bedrooms and 2 bathrooms in the walk-out basement, plus a family room and everyone's favorite hangout spot- the basketball court! Over 4200 sq ft offers ample room for group gatherings and great outdoor spaces for entertaining!

21328 Embers Way, Lead
$1,495,000
4 Beds ⋅ 4 Baths ⋅ 89621 MLS
For more information on this new build at Powderhouse Pass, contact listing agents Michael Warwick 605-641-2569 or Heath Gran 605-209-2052 with Great Peaks Realty. If you're looking for a unique twist on a vacation cabin in the Hills - this is IT! Featuring a 21x30 basketball court/rec room providing a large space for guests of all ages and the whole family to enjoy! You will love the open balcony overlooking this ideal space from the main level! This 4-bedroom retreat sets it apart from the rest! Located in the heart of the Black Hills in Powder House Pass. The open concept main living features a gas log fireplace, spacious kitchen with center island and walkout access to the covered deck with bar seating! The main level also hosts the primary ensuite with a zero-entry wet room, double vanities and walk-in closet that leads directly into the laundry room and mudroom. Additional 3 bedrooms and 2 bathrooms in the walk-out basement, plus a family room and everyone's favorite hangout spot - the basketball court! Over 4200 sq ft offers ample room for group gatherings and great outdoor spaces for entertaining! Located just minutes from the area's best outdoor activities from recreational to entertainment! The amazing Powder House Pass Community includes a clubhouse with a gathering area, kitchen, game room and heated pools. Call us today to bring your vacation rental dreams to life!

21328 Embers Way, Lead
$1,395,000
89546 MLS
For more information, please contact listing agents Heath Gran 605-209-2052 or Brandon Harvey 605-920-9853 or Scot Munro 605-641-6482 with Great Peaks Realty. Here is your opportunity of a lifetime - to own the remarkable Cheyenne Crossing in Spearfish Canyon! This well-known business is ready for the next chapter, fully equipped restaurant kitchen and remodeled catering kitchen, restaurant and store with amazing outdoor spaces for entertainment and parking! Full basement for storage and employee use. Completely remodeled 2nd story features 3-bedrooms, 1-bathroom living quarters with a full kitchen. New roof, windows, well and septic system! This establishment has had extensive remodel work done throughout and is ready to bring your business dreams to life! Full inventory, property and equipment list will be provided by the seller.

21417 Us Hwy 14a, Lead
$1,025,000
3 Beds ⋅ 3 Baths ⋅ 89291 MLS
This fully furnished, new construction home in Powder House Pass is ready to generate income or become your personal Black Hills escape. Thoughtfully designed with high-end finishes and low-maintenance living, it’s built for every season. The showstopper is the oversized, climate-controlled garage with its own HVAC system, bathroom, and mezzanine that can serve as additional sleeping space, a game room, TV lounge, or bonus flex area. There’s plenty of room for UTVs, ATVs, snowmobiles, motorcycles, boats, trailers, and all your outdoor gear without compromising workspace or storage. Just minutes from Terry Peak, Deadwood, and Spearfish Canyon, this turnkey property is ready for adventure from day one. Just bring your clothes and your toys.

11277 Black Forest Road, Lead
$1,095,000
6 Beds ⋅ 4 Baths ⋅ 89261 MLS
Surrounded by the Black Hills and positioned on 0.68 acres in the highly sought-after Powder House Pass subdivision, this exceptional 6-bedroom, 4-bathroom retreat blends refined mountain luxury with the warmth of home. Located in one of the most desirable resort-style communities, this property is not only a stunning private getaway, but also an extremely successful vacation rental with strong appeal year-round. Designed for both elevated entertaining and everyday comfort, the residence showcases soaring vaulted ceilings, rich wood flooring, and a stunning gas fireplace that anchors the grand living space. The gourmet kitchen is beautifully appointed with granite countertops, a spacious island for gathering, and seamless flow into the dining area, where expansive windows frame picturesque outdoor views. The main-level primary suite offers a private sanctuary complete with a spa-inspired ensuite bath and generous walk-in closet. An additional bedroom and full bathroom on the main level provide convenience for guests or family. Upstairs, you’ll find three additional bedrooms, a full bathroom, a secondary living area, and a dedicated office space—perfect for hosting guests or working remotely in style. Listed by Josiah LaFrance with L'Avance Capital and Real Estate (605) 786-3098 Co listed by Becca Ellendorf Keller Williams Black Hills (605) 569-6165

11312 Springwood Court, Lead
$1,500,000
4 Beds ⋅ 4 Baths ⋅ 89204 MLS
Listed by Shauna Sheets, KWBH, 605-545-5430. What would you do with nearly 20,000 acres of USFS as your backyard? Whether you're dreaming of a horse property, multi-generational living, pristine guest accommodations, or simply more room to breathe, this incredible property offers opportunities that are hard to find. The zero-entry main home was designed for comfortable, accessible living, featuring 14' vaulted ceilings, a wall of windows showcasing the views, and an open-concept layout perfect for entertaining. The spacious kitchen offers stainless steel appliances, a large island and a dining area with access to the covered patio. The private primary suite includes patio access, a walk-in closet and ensuite bathroom. A 48'x45 attached garage/shop and dedicated RV garage provide exceptional storage and workspace. The guest home offers incredible flexibility with its' own open floor plan, kitchen, laundry, two bedrooms, attached 15'x48' garage, and covered patio. Nestled in a PRIME Black Hills location, this property offers flexible living spaces surrounded by 11.36 acres of trees, gently rolling hillsides and endless recreation out your door. Gated access to USFS land. Nearly new construction gives peace of mind and quality finishes, including: Bosch appliances, Pella windows, quartz countertops, radiant in-floor heat, energy-efficient home mechanics, separate septic systems, RV pad with all utilities, plumbing in place for gas stove/fireplace, hot tub hookups and more!

22231 Us Highway 85, Lead
$1,295,000
5 Beds ⋅ 3 Baths ⋅ 89140 MLS
Property presented by Ashley S. Goodrich at RE/MAX In The Hills (605) 645-2479. An absolutely magestic setting in the Black Hills. This executive home built in 2024 offers nearly 4,000 sq. ft. of thoughtfully designed living space on over 4.5+/- private acres in The Black Hills. This 5 bedroom/3 bath home combines luxury, efficiency, continuity, and convenience, located just 10 minutes from Deadwood and just 15 minutes from Spearfish. Enjoy complete privacy with breathtaking night skies, the lovely sounds of nature, incredible stargazing and occasional Northern Lights views. The open-concept floor plan and space in this home is ideal for entertaining, while the practical main-level living makes everyday life comfortable and convenient. There are two gas fireplaces to keep you warm and cozy in the colder months. One located in each gathering space on the main and walkout basement level. The Chef's dream kitchen features knotty alder cabinets a huge island with leathered marble countertops which continue through out the home. Energy-efficient construction and natural gas appliances help keep utility costs low. Outside you'll find abundant parking, RV parking with hook up, room to build an additional shop/garage if needed, natural landscaping, and access to nearby hiking and walking trails. Exceptional storage, high-end finishes, and a peaceful setting make this a rare Black Hills opportunity. Here, you have it all! Come take a look!

20726 Morning Star Road, Lead
$1,298,000
4 Beds ⋅ 179229 MLS
Listed by Jenni Sneesby - Engel & Völkers Black Hills - 605-645-1181. Offered fully furnished, this custom-built 2021 modern Black Hills cabin is move-in ready and packed with upgrades. Featuring approx. 3,000 sq ft of living space, the home includes a main-level master suite, open-concept living with gas fireplace, and a gourmet kitchen with quartz countertops, induction stove, walk-in pantry, and large island. Upstairs offers two bedrooms, a full bath, and a separate guest suite with its own kitchen, bath, and private entrance—perfect for guests or rental potential. A major highlight is the 2,400+ sq ft heated garage, complete with two bays, a half bath, RV hookups, oversized pass-through doors, and the capacity to park up to seven vehicles—plus plenty of room for ATVs, snowmobiles, and more. Only used as a primary residence and never a vacation rental—this home shines in condition and quality.

21252 Crestview Dr 21252 Crestview Court, Lead
$1,298,000
4 Beds ⋅ 5 Baths ⋅ 88871 MLS
For more information contact Listing Agent Jenni Sneesby with Engel & Völkers Black Hills at 605-645-1181. Offered fully furnished, this custom-built 2021 modern Black Hills cabin is move-in ready and packed with upgrades. Featuring approx. 3,000 sq ft of living space, the home includes a main-level master suite, open-concept living with gas fireplace, and a gourmet kitchen with quartz countertops, induction stove, walk-in pantry, and large island. Upstairs offers two bedrooms, a full bath, and a separate guest suite with its own kitchen, bath, and private entrance—perfect for guests or rental potential. Enjoy premium features like heated tile floors, two HVAC systems, a tankless water heater, whole-house generator, and expansive windows showcasing scenic views. A major highlight is the 2,400+ sq ft heated garage with two bays, half bath, RV hookups, and oversized doors for all your toys. Never used as a vacation rental—this home shines in condition and quality.

21252 Crest View Ct., Lead
$1,095,000
6 Beds ⋅ 179173 MLS
Surrounded by the Black Hills and positioned on 0.68 acres in the highly sought-after Powder House Pass subdivision, this exceptional 6-bedroom, 4-bathroom retreat blends refined mountain luxury with the warmth of home. Located in one of the most desirable resort-style communities, this property is not only a stunning private getaway, but also an extremely successful vacation rental with strong appeal year-round. Designed for both elevated entertaining and everyday comfort, the residence showcases soaring vaulted ceilings, rich wood flooring, and a stunning gas fireplace that anchors the grand living space. The gourmet kitchen is beautifully appointed with granite countertops, a spacious island for gathering, and seamless flow into the dining area, where expansive windows frame picturesque outdoor views. The main-level primary suite offers a private sanctuary complete with a spa-inspired ensuite bath and generous walk-in closet. An additional bedroom and full bathroom on the main level provide convenience for guests or family. Upstairs, you’ll find three additional bedrooms, a full bathroom, a secondary living area, and a dedicated office space—perfect for hosting guests or working remotely in style. The walk-out lower level expands the home’s entertainment possibilities with a spacious family room, an additional bedroom, and a full bathroom. Outdoor living is equally impressive, offering multiple spaces to relax and unwind, including a covered deck with a hot tub, an open-air sun deck, and a covered patio designed for year-round enjoyment. The attached two-car garage provides ample space for vehicles, recreational gear, and all your Black Hills adventures. Listed by Josiah LaFrance with L'Avance Capital and Real Estate (605) 786-3098 Co listed by Becca Ellendorf Keller Williams Black Hills (605) 569-6165

11312 Springwood Ct, Lead
$1,099,900
5 Beds ⋅ 4 Baths ⋅ 88233 MLS
Set in the highly sought-after Powder House Pass community, this distinctive 5-bedroom retreat offers a seamless blend of modern design and proven rental performance. Offered fully furnished, this turnkey property is already producing strong income, with bookings secured into 2026—making it an exceptional opportunity for investors or those seeking a refined Black Hills getaway. Inside, clean lines, curated finishes, and thoughtful design create a warm, inviting atmosphere. The main living area is anchored by a striking slate fireplace, while an open staircase adds architectural interest without disrupting flow. Natural light enhances the home’s elevated yet comfortable aesthetic. With over 3,400 sq. ft., the layout is ideal for hosting. The main level features 2 bedrooms, 2 bathrooms, and a dedicated office. The walk-out lower level offers 3 additional bedrooms and 2 bathrooms, creating multiple spaces for guests to gather and unwind. A wrap-around deck extends the living space outdoors, perfect for relaxing or entertaining in the Black Hills setting. Located minutes from Terry Peak and the Mickelson Trail, and directly across from the Powder House Pass clubhouse with heated pools, gathering spaces, and more. Strong guest reviews and repeat visitors highlight the home’s welcoming appeal. To schedule a private tour, contact Cher Rhoades @ Oak & Key Realty 605.639.1158.

21310 Embers Way, Lead
$1,099,900
5 Beds ⋅ 178477 MLS
Set in the sought-after Powder House Pass community, this distinctive 5-bedroom retreat offers a unique blend of modern design and proven rental performance. Offered fully furnished, this turnkey property is already generating strong income, with bookings secured into 2026 making it an exceptional opportunity for both investors and those seeking a refined Black Hills getaway. Inside, the home features a thoughtfully designed layout with clean lines, curated finishes, and a warm, inviting feel throughout. The main living area is anchored by a striking slate fireplace, creating a cozy focal point, while an open staircase adds architectural interest and separation without sacrificing flow. Natural light and carefully selected design elements enhance the overall aesthetic. With over 3,400 sq. ft., the home is ideal for hosting. The main level includes 2 bedrooms, 2 bathrooms, and a dedicated office, while the walk-out lower level offers 3 additional bedrooms and 2 bathrooms—providing ample space for guests to gather and unwind. A wrap-around deck extends the living space outdoors, perfect for entertaining or relaxing in the surrounding Black Hills setting. Located just minutes from premier outdoor recreation including the Mickelson Trail and Terry Peak, the property also offers convenient access to the Powder House Pass clubhouse directly across the street, featuring a gathering area, kitchen, game room, and heated pools. Guest feedback consistently highlights the home’s comfortable, welcoming atmosphere, contributing to its strong rental history and repeat visitors. Whether you’re looking for a vacation home, investment property, or private retreat, this property delivers. To schedule a private tour, please contact Cher Rhoades @ Oak & Key Realty 605.639.1158.

21310 Embers Way, Lead
$1,250,000
178421 MLS
The Cutting Mine – Deadwood Creek property presents a remarkable opportunity to acquire a large tract of forested acreage with aspen draws, shrubs, live water and game trails together with the original Cutting Mine base along Cutting Mine Road just outside of Lead, SD!

TBD Mountain View Dr, Lead
$1,025,000
5 Beds ⋅ 178350 MLS
This turn-key cabin is a must see! Schedule a private tour on this 5 bedroom, 4 bathroom, 2 car garage cabin nestled in the heart of the Black Hills. Step inside to the cozy main level heated by a gas log fireplace as well as featuring high vaulted ceilings, large windows and a nice open layout. Enjoy the views of nature and watch the wildlife roam through off the covered back deck. Upstairs is home to a sweet loft area, two bedrooms and one bathroom. Spend your night in the nice family room watching your favorite movie or prepare a nice drink at the wet bar. Powder House Pass is located near many hiking/biking trails, Historic Deadwood, and has its own clubhouse for your convenience. This is a great rental opportunity, vacation getaway, or even primary residence.

21246 Other 21246 Cozy Court, Lead
$1,025,000
5 Beds ⋅ 4 Baths ⋅ 88109 MLS
For more information, please contact listing agents Michael Warwick 605-641-2569 with Great Peaks Realty. This turn-key cabin is a must see! Schedule a private tour on this 5 bedroom, 4 bathroom, 2 car garage cabin nestled in the heart of the Black Hills. Step inside to the cozy main level heated by a gas log fireplace as well as featuring high vaulted ceilings, large windows and a nice open layout. Enjoy the views of nature and watch the wildlife roam through off the covered back deck. Upstairs is home to a sweet loft area, two bedrooms and one bathroom. Spend your night in the nice family room watching your favorite movie or prepare a nice drink at the wet bar. Powder House Pass is located near many hiking/biking trails, Historic Deadwood, and has its own clubhouse for your convenience. This is a great rental opportunity, vacation getaway, or even primary residence.

21246 Cozy Court, 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
$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
$1,190,000
177340 MLS
The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highest Google rated), full-service restaurant and saloon in downtown Lead, South Dakota. On the main floor of this 10,800 sq ft building is the restaurant, saloon, 2 bathrooms and a newly expanded and remodeled kitchen in 2024. A full liquor license comes with this business, which is valued at $100,000. The full-service restaurant seats 60, and an additional 40 when the patio is open. The food trailer accommodates the expanded food and beverage demand when the high-demand patio is open. In fact, the 2023 food trailer almost doubles the kitchen capacity when open. The basement is more kitchen area (prep kitchen), (dishwashing station), ice machines, storage, loading dock and office area. On the 2nd floor is the boutique Victorian inn comprised of 2, two-room suites with full baths, along with a full laundry and small kitchen. They are unique in that they have a separate entrance to the suites. The Sanford Underground Laboratory (SURF) is gearing up and has created short-term, medium-term, and long-term housing demand. The inn has been able to accommodate different housing support of the scientific researchers’ needs. The 3rd floor is wide-open for the new buyer to create their own vision. This floor has 8 rooms ready for development along with some electricity already installed.

305 W Main St, Lead
$1,190,000
87333 MLS
The Stampmill Inn and Shot in the Dark Saloon is an award-winning (BEST American food restaurant in Lawrence County in 2025—highest Google rated), full-service restaurant and saloon in downtown Lead, South Dakota. On the main floor of this 10,800 sq ft building is the restaurant, saloon, 2 bathrooms and a newly expanded and remodeled kitchen in 2024. A full liquor license comes with this business, which is valued at $100,000. The full-service restaurant seats 60, and an additional 40 when the patio is open. The food trailer accommodates the expanded food and beverage demand when the high-demand patio is open. In fact, the 2023 food trailer almost doubles the kitchen capacity when open. , On the 2nd floor is the boutique Victorian inn comprised of 2, two-room suites with full baths, along with a full laundry and small kitchen. They are unique in that they have a separate entrance to the suites. The Sanford Underground Laboratory (SURF) is gearing up and has created short-term, medium-term, and long-term housing demand. The inn has been able to accommodate different housing support of the scientific researchers’ needs. The 3rd floor is wide-open for the new buyer to create their own vision. This floor has 8 rooms ready for development along with some electricity already installed.

305 W Main Street, 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
$1,299,999
4 Beds ⋅ 177173 MLS
This custom-built rustic retreat is tucked away on 7.66 acres just off of Maitland Road in Paradise Acres III, with close proximity to the surrounding recreation throughout the Northern Black Hills, right outside your door! The 3200+ sq ft home will come fully furnished, move-in ready or ready for you to operate as an established vacation rental! This property is built to showcase the expansive views of the Black Hills to be enjoyed from every space of this home or the large back deck. The main level offers vaulted, rustic tongue and groove ceiling and gas fireplace in the living area, open concept to a spacious kitchen featuring a center island, granite countertops and pantry offering additional storage. Main floor also includes a 2nd bedroom and bathroom in addition to the primary suite with double sink vanity, tiled shower, access to the deck and barn-door accent, plus full laundry hookups in the walk-in closet. Appreciate a heated 2-car garage completely finished with epoxy floors. The large basement is a great space for entertaining with a wet bar, gas fireplace, walkout to the outdoor private patio to enjoy the hot tub, plus two additional bedrooms and full bathroom. The listing includes the neighboring 5+ acre lot for room to expand this mountain oasis to complete your forever dream home!

20829 Morning Star Rd, Lead
$1,299,999
4 Beds ⋅ 3 Baths ⋅ 87218 MLS
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. This custom-built rustic retreat is tucked away on 7.66 acres just off of Maitland Road in Paradise Acres III, with close proximity to the surrounding recreation throughout the Northern Black Hills, right outside your door! The 3200+ sq ft home will come fully furnished, move-in ready or ready for you to operate as an established vacation rental! This property is built to showcase the expansive views of the Black Hills to be enjoyed from every space of this home or the large back deck. The main level offers vaulted, rustic tongue and groove ceiling and gas fireplace in the living area, open concept to a spacious kitchen featuring a center island, granite countertops and pantry offering additional storage. Main floor also includes a 2nd bedroom and bathroom in addition to the primary suite with double sink vanity, tiled shower, access to the deck and barn-door accent, plus full laundry hookups in the walk-in closet. Appreciate a heated 2-car garage completely finished with epoxy floors. The large basement is a great space for entertaining with a wet bar, gas fireplace, walkout to the outdoor private patio to enjoy the hot tub, plus two additional bedrooms and full bathroom. The listing includes the neighboring 5+ acre lot for room to expand this mountain oasis to complete your forever dream home!

20829 Morning Star Road, Lead
$1,100,000
3 Beds ⋅ 176816 MLS
Rare opportunity to own a ski-in ski-out luxury townhouse at the region's premier family friendly ski-resort! Located at Terry Peak Estates this spacious townhome offers one of a kind views of the ski mountain and surrounding Black Hills. After hitting the slopes warm up by the fire and relax in this 3,095 square foot townhome with plenty of room to entertain family and friends. There are three large living rooms, a well appointed kitchen with breakfast bar, dining room, three bedrooms, two and 1/2 baths, two car heated garage, and large entry way with plenty of room for all of your gear. Located just minutes from Historic Deadwood, SD with it's renowned entertainment and dining this chalet is the perfect launch pad for all of your year round Black Hills adventures!

21152 Stewart Slope Cir, Lead
$1,500,000
3 Beds ⋅ 176810 MLS
Rare opportunity to own a ski-in ski-out luxury townhouse at the region's premier family friendly ski-resort! Located at Terry Peak Estates this spacious townhome offers one of a kind views of the ski mountain and surrounding Black Hills. After hitting the slopes warm up by the fire and relax in this 3,141 square foot townhome with plenty of room to entertain family and friends. There are three large living rooms, a well appointed kitchen with breakfast bar, dining room, three bedrooms, two and 1/2 baths, two car heated garage, and large entry way with plenty of room for all of your gear. This chalet also has a large covered pavilion with overhead heat, fireplace, kitchen and bath, for entertaining large groups or just hanging out slope side. There is also an additional two car garage below the pavilion perfect for snowmobile storage. Located just minutes from Historic Deadwood, SD with it's renowned entertainment and dining this chalet would be the perfect launch pad for all of your year round Black Hills adventures!

21150 Stewart Slope Cir, Lead
$1,200,000
4 Beds ⋅ 176792 MLS
Rare opportunity to own a luxury townhouse at the region's premier family friendly ski-resort! Located at Terry Peak Estates this spacious townhome offers one of a kind views of the ski mountain and surrounding Black Hills. After hitting the slopes warm up by the fire and relax in this 3,344 square foot townhome with plenty of room to entertain family and friends. There are three large living rooms, a well appointed kitchen with breakfast bar, dining room, four bedrooms, two and 1/2 baths, one car garage, and large entry way with plenty of room for all of your gear. Located just minutes from Historic Deadwood, SD with it's renowned entertainment and dining this chalet would be the perfect launch pad for all of your year round Black Hills adventures!

21174 Stewart Slope Cir, Lead