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450 W Kansas Street, Spearfish
$1,300,000
88303 MLS
Turnkey 20-Unit Motel/Airbnb | Multiple Income Streams + Development Opportunity Cash-flowing, multi-use investment with HUGE upside potential! This 20-unit property is currently operating as a successful motel/Airbnb and offers endless opportunities to generate income—short-term rentals, long-term tenants, or continue running as a motel. Zoned C-1 Commercial, the possibilities don’t stop there. A completed flood study and plans already in place for two additional duplexes create built-in expansion and even greater revenue potential. Whether you’re an investor looking to maximize cash flow or a developer ready to take it to the next level, this property is packed with opportunity and ready to perform. Listed By Bud Hannah Re/Max In The Hills. 605-645-2026.

450 W Kansas Street, Spearfish

20522 Hwy 14, Spearfish
$1,485,000
3 Beds ⋅ 178519 MLS
Absolute creekside perfection in Spearfish Canyon! These properties rarely become available and this is a true Black Hills treasure. This stunning and serene home offers peace and tranquility, yet has easy access to Spearfish which is just 5 minutes away. Rustic timber beams welcome you to the front porch. The soaring vaulted tongue and groove ceilings with its wall of windows perfectly frames the view of the canyon and creek. The master suite is located on the main floor and features a pellet stove, walk-in closet, jetted tub, and tile shower. Step onto the impressive patio areas from either the living room or the master bedroom and immerse yourself in the incredible beauty of Spearfish Canyon and Spearfish Creek. Just off the living room is the kitchen and dining area. The heated tile floors, cozy gas fireplace, gorgeous granite and tile backsplash, and built in desk area offers the perfect combination of function and beauty. The thoughtful layout offers two spacious bedrooms in the upper level, a full bathroom with heated tile floors, and plenty of storage closets. Access to the attached heated garage is through the spacious laundry room. There is a charming family room located above the garage. This property has maximized the beauty of the canyon with impressive landscaping and a built in firepit. This home was built with high quality materials and is in impeccable condition. YouTube Link: https://youtu.be/-kWGq4D1ynw

20522 Hwy 14, Spearfish

TBD S Colorado Boulevard, Spearfish
$1,100,000
87977 MLS
MOTIVATED SELLER! PRICE REDUCED TO $1,100,000! 36.83-acre development opportunity located between the Spearfish Sports Complex at Exit 17 and the City of Spearfish in one of South Dakota's fastest-growing communities. Situated at the highly visible intersection of Colorado Boulevard and Rainbow Road, this prime parcel offers outstanding access, visibility, and future development potential. City water, electricity, and fiber optic service are available, and the property includes several historic outbuildings as well as an impressive 118' x 42' Morton building. Located just south of the Spearfish Airport and minutes from Interstate 90, the site benefits from excellent accessibility, strong traffic counts, and proximity to the area's expanding residential and commercial growth corridors. As Spearfish continues to experience significant population and economic growth, this property offers an opportunity to bring your vision to life—whether through a residential subdivision, commercial development, mixed-use project, or long-term investment strategy. For more information on this exceptional opportunity in the heart of the Northern Black Hills call Listing Agent Casey Raftevold | 605-863-5282 | eXp Realty.

TBD S Colorado Boulevard, Spearfish

TBD S Colorado Boulevard, Spearfish
$1,100,000
87974 MLS
MOTIVATED SELLER! PRICE REDUCED TO $1,100,000! 36.83-acre development opportunity located between the Spearfish Sports Complex at Exit 17 and the City of Spearfish in one of South Dakota's fastest-growing communities. Situated at the highly visible intersection of Colorado Boulevard and Rainbow Road, this prime parcel offers outstanding access, visibility, and future development potential. City water, electricity, and fiber optic service are available, and the property includes several historic outbuildings as well as an impressive 118' x 42' Morton building. Located just south of the Spearfish Airport and minutes from Interstate 90, the site benefits from excellent accessibility, strong traffic counts, and proximity to the area's expanding residential and commercial growth corridors. As Spearfish continues to experience significant population and economic growth, this property offers an opportunity to bring your vision to life—whether through a residential subdivision, commercial development, mixed-use project, or long-term investment strategy. For more information on this exceptional opportunity in the heart of the Northern Black Hills call Listing Agent Casey Raftevold | 605-863-5282 | eXp Realty.

TBD S Colorado Boulevard, Spearfish

6621 Green Mountain Ct, Spearfish
$1,299,900
5 Beds ⋅ 177536 MLS
Listed by Lori Barnett | Engel & Völkers Black Hills | 605.786.5817 Experience unparalleled mountain living at 6621 Green Mountain Ct, a well-appointed 5-bedroom, 3-bathroom home for sale in Spearfish, South Dakota. Tucked away in the pines on a premier corner lot, this property is a rare find that literally borders 1.2 million acres of Black Hills Forest Service land. This residence serves as a sophisticated basecamp for Black Hills adventures, situated just minutes from the historic charm of Deadwood, SD, and the comprehensive medical facilities and shopping of Spearfish. Whether you are seeking homes near 700 miles of world-class ATV trails or skiing, this location is truly unmatched. Inside, the home features grounded luxury with granite countertops throughout and a sleek wet bar designed for effortless entertaining. Car enthusiasts and adventurers will appreciate the two car plus ATV, heated garage with room for an optional two-car extension, complemented by additional dedicated parking at the rear of the home for guests or large mountain gear. A generator adds year round peace of mind. The outdoor experience is second to none: unwind in the saltwater hot tub while taking in unparalleled panoramic views of the surrounding peaks and the shimmering waters of nearby Belle Fourche lake. Own a private, well-appointed sanctuary where the Black Hills National Forest is your neighbor and the mountain views are endless.

6621 Green Mountain Ct, Spearfish

22990 Cedar Berry Avenue, Spearfish
$1,399,000
4 Beds ⋅ 3 Baths ⋅ 87116 MLS
For more information, please contact listing agents Michael Warwick 605-641-2569 with Great Peaks Realty. EXQUISITE 4-bedroom, 3-bathroom custom-built home in Cedar Berry Canyon Estates on 2.32 acres! Fall in love with this 2,291 SQFT of stunning craftsmanship, this is a dream home layout and must-see design! Main level will include a primary bedroom with bathroom ensuite and spacious open layout. Upper level offers an open loft with 2 additional bedrooms and full bathroom. Enjoy the views of Crow Peak from the covered front porch and backyard with a large, covered patio, peaceful retreat soaking up the wildlife that pass through the wooded draw. Equipped with a 5-car garage providing 1500+ sq ft! Don't miss out on this brand-new opportunity!

22990 Cedar Berry Avenue, Spearfish

22992 Cedar Berry Avenue, Spearfish
$1,150,000
4 Beds ⋅ 3 Baths ⋅ 87104 MLS
For more information on this stunning new build, contact listing agent Michael Warwick 605-641-2569 with Great Peaks Realty. Welcome to this beautiful 4-bedroom, 3-bathroom custom built home in Cedar Berry Canyon Estates! The main level offers a primary bedroom with bathroom ensuite tiled shower and walk-in closet, dining room flowing into an open living room and kitchen, along with a 2nd bedroom and bathroom. The upper level will include a spacious open loft overlooking the beautiful main level gas log fireplace, as well as a walkout onto the breathtaking covered deck with exquisite views! Two additional bedrooms, 1 bathroom and 1 bonus room will complete the upper level. Don't miss out on this brand-new opportunity!

22992 Cedar Berry Avenue, Spearfish

3103 E Fairgrounds Loop, Spearfish
$1,149,000
86892 MLS
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty to schedule a showing. Take a look at this opportunity for an established commercial building with tenants in place and room to expand. Located just off I-90, exit 8, in the Spearfish Industrial Park this commercial space has great income and potential for more. Main floor is 4800+- square feet featuring 4 separate suites and an apartment. Basement is another 4800+- square feet partially built out including office space, storage space, garage space, and a huge walk-in cooler (condenser unit taken out). Historically 100% occupancy. Sitting on .9 acres with room to expand parking or the building if needed. Great investment opportunity, call today for a showing.

3103 E Fairgrounds Loop, Spearfish

3103 E Fairgrounds Loop, Spearfish
$1,149,000
1 Beds ⋅ 1 Baths ⋅ 86891 MLS
Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information. Take a look at this opportunity for an established commercial building with tenants in place and room to expand. Located just off I-90, exit 8, in the Spearfish Industrial Park this commercial space produces great income and potential for more. Main floor is 4800+- square feet featuring 4 separate suites and an apartment. Basement is another 4800+- square feet partially built out including office space, storage space, garage space, and a huge walk-in cooler (condenser unit taken out). Historically 100% occupancy. Sitting on 0.9 acres with room to expand parking or the building if needed. Great investment opportunity, call today for a showing.

3103 E Fairgrounds Loop, Spearfish

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