Explore Spearfish, SD Homes for Sale Between $2,000,000 to $3,000,000

Spearfish, SD Homes for Sale Between $2,000,000 to $3,000,000 Map Search

Homes for Sale in Spearfish, SD Between $2,000,000 to $3,000,000

Welcome to your dedicated resource for Homes for Sale Between $2,000,000 to $3,000,000 in Spearfish, SD. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Spearfish, SD agents, Pioneer Properties SD, Adam Johnson RE specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the properties currently available between $2,000,000 to $3,000,000 below, or contact a local agent to discuss the details that matters most to your search.

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All Spearfish, SD Homes for Sale Between $2,000,000 to $3,000,000

$2,599,000
179473 MLS
Spearfish Studios presents a rare opportunity to acquire a fully occupied, renovated 39-unit multifamily property located just two blocks from downtown Spearfish. Positioned in one of the Black Hills’ most desirable rental markets, this apartment community offers investors a stabilized asset with strong current income, excellent tenant appeal, and meaningful future upside. The property consists of three separate buildings with a diverse unit mix: 33 studio apartment units, 3 one-bedroom units, 2 two-bedroom units, and 1 spacious five-bedroom basement unit. The buildings include one 3-unit building, one 13-unit building, and one 23-unit building, creating a functional and efficient multifamily layout across the property. Spearfish Studios has benefited from both interior and exterior renovations, giving the property a clean, updated, and attractive feel for residents. The property also includes on-site laundry, a main office, and a communal outdoor area located in the center of the parcels, creating a practical and inviting shared space for tenants. In addition to its current stabilized performance, the property offers potential value-add opportunities. There is room within the main building that may allow for the addition of up to three additional units, subject to any required approvals. The open central area between the parcels may also provide future development or enhancement potential, subject to zoning and municipal requirements. With full occupancy, a renovated physical condition, multiple income-producing buildings, on- site laundry, and an exceptional location near downtown Spearfish, this property is well positioned for both immediate cash flow and long-term appreciation. Spearfish Studios offers an investor the opportunity to acquire a proven multifamily asset in a growing community with strong rental demand, limited comparable inventory, and continued regional growth. Listed by Josiah LaFrance- L'Avance Capital and Real Estate (605) 786-3098

346 Kansas City, Spearfish

$2,799,000
5 Beds 4 Baths 89032 MLS
Rarely does an opportunity arise to own nearly 38 acres on the highly coveted waters of Spearfish Creek. Combining a beautifully maintained custom home, year-round live water, abundant wildlife, exceptional privacy, and future development potential. Privately tucked behind a custom overhead entrance and accessed by paved roads, this remarkable estate has been owned and meticulously cared for by the same family for more than 30 years. Situated just minutes from Spearfish, the property offers the perfect balance of convenience, seclusion, and natural beauty. The beautifully constructed 4,840-square-foot residence was thoughtfully designed to maximize both comfort and the spectacular surroundings. Featuring 5 bedrooms and 4 bathrooms, the home offers generous living spaces, open beam construction, and timeless craftsmanship throughout. Granite countertop islands anchor the kitchen and gathering areas, while two jetted tubs provide luxurious comfort after a day spent enjoying the Black Hills. Large windows frame stunning views of the surrounding landscape, bringing the beauty of the outdoors into every season. The home’s full walkout basement creates a seamless transition between indoor and outdoor living. An expansive deck overlooks the creek and backyard from the main level, while a massive lower-level patio provides the perfect space for entertaining family and friends or simply enjoying the peaceful sounds of flowing water.

616 Rio Drive, Spearfish

$2,899,000
6 Beds 179361 MLS
A basketball court. A private pool. Nearly 17 acres of Black Hills sky. This isn't a home you settle into, it's one you never want to leave. Contact Cher Rhoades @ Oak & Key Realty 605.639.1158 for your Private Tour! Welcome to 19964 Merriam Loop, Set on 16.85 private acres above Spearfish, this is the kind of home you feel before you fully understand it. The drive in sets the tone winding through the land, the Black Hills rising in every direction, the log and stone entry coming into view like an arrival that was always meant to happen. Inside, nearly 8,0000 square feet unfolds with the quiet confidence of a home that was never rushed. The two-story great room draws you in a hand-laid Rumford stone fireplace anchoring the space, floor-to-ceiling windows turning the Black Hills into the backdrop of your daily life. Knotty alder built-ins, custom finishes, craftsmanship that you notice without being able to stop noticing it. The kitchen is where mornings begin slowly and evenings stretch long. A commercial gas stove, pot filler, hidden walk-in pantry, and an oversized granite bar and a wall of windows that slides fully open, so the breeze off the hills becomes part of every meal. Then there is the basketball court. Full Size half court, indoors, all yours. The kind of amenity that makes guests go quiet for a moment before they start smiling. Below, the lower level opens completely through an overhead glass door a private in-ground heated pool waiting just beyond the threshold, the sky wide above it, the hills uninterrupted in every direction. This is where summers live. Where the line between inside and outside stops mattering. Six bedrooms. Six and a half baths. A 4+ car garage. Nearly 17 acres of Black Hills land. And the rare, certain feeling that you have found exactly what you were looking for.

19964 Merriam Loop, Spearfish

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