17

Lead, SD Homes for Sale under $2,000,000

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  • /40

    $1,599,000

    • 5 Beds
    • 5 Baths
    • 3,607 Sq Ft

    21235 Ridgewood Trail, Lead, SD 57754

    Welcome to this exceptional 5-bedroom, 5-bathroom home in Powder House Pass, situated on 0.49 acres and designed for both comfort and entertaining! A welcoming covered front porch leads into a stunning open-concept main level featuring soaring ceilings, expansive windows, and abundant natural light throughout. The spacious living room flows seamlessly into the dining area and kitchen, where a

    Agent Photo

    Michael Warwick

    GREAT PEAKS REALTY MUNRO & GRAN

    21235 Ridgewood Trail, Lead, SD 57754
  • /39

    $1,550,000

    • 6 Beds
    • 4.5 Baths
    • 3,988 Sq Ft

    11264 Trolley Trail Ct, Lead, SD 57754

    Experience the perfect blend of luxury, comfort, and Black Hills charm in this stunning home located in the highly sought-after Powder House Pass community. Whether you're searching for a full-time residence, mountain getaway, or investment opportunity, this exceptional property offers the ideal setting for creating unforgettable memories. Step inside to discover a spacious and thoughtfully

    Agent Photo

    Michelle Chenoweth

    EXP REALTY

    11264 Trolley Trail Ct, Lead, SD 57754
  • /44

    $1,669,900

    $30K PRICE DROP
    • 7 Beds
    • 6.5 Baths
    • 4,546 Sq Ft

    21291 Ridgewood Trail, Lead, SD 57754

    For more information, contact listing agents Michael Warwick 605-641-2569 or Heath Gran 605-209-2052 with Great Peaks Realty. Nestled in the highly sought-after Powder House Pass subdivision, this stunning 7-bedroom, 6.5-bath home offers luxury, comfort, and exceptional space on 0.81 acres. The main level features a spacious primary suite complete with a private en-suite bathroom and walk-in

    Agent Photo

    Michael Warwick

    Great Peaks Realty

    21291 Ridgewood Trail, Lead, SD 57754
  • /43

    $1,977,000

    • 3 Beds
    • 2.5 Baths
    • 3,340 Sq Ft

    20813 Mollman L Other, Lead, SD 57754

    Enjoy the privacy of being surrounded by 29+ acres at the end of the trail. This home is well built; recent maintenance includes new roof, and a deck stain/reseal. Located minutes from Deadwood/Lead, this property has all the amenities that you could want to live in the country. Bordered by BLM on 1 1/2 sides and no neighbors. This property was recently resurveyed to allow another home site. It

    Janeen Walker Sturgis Real Estate & Auctions, Inc.

    20813 Mollman L Other, Lead, SD 57754
  • /32

    $1,950,000

    $550K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,374 Sq Ft

    11472 Gudat Rd, Lead, SD 57754

    Tucked away at the end of the road, this remarkable home offers rare privacy with Forest Service land bordering two sides and sweeping, serene views in every direction. The main level features two spacious bedrooms and three beautifully appointed baths, designed for comfort and easy living. Radiant in-floor heating warms both the house and the expansive shop, creating cozy luxury year-round. The

    Phillip Olsen Olsen Real Estate

    11472 Gudat Rd, Lead, SD 57754
  • /40

    $2,000,000

    • 7 Beds
    • 4.5 Baths
    • 4,206 Sq Ft

    11311 Overlook Ct, Lead, SD 57754

    This luxurious mountain home features 7-bedrooms, 4 1/2 bathrooms, and an oversized 3-car heated garage. It provides a perfect blend of comfort, and adventure and is located in the coveted Powder House Pass community near Lead, South Dakota. This home comfortably accommodates large groups, sleeping up to 30 people making it ideal for family gatherings and a vacation rental. The chef's kitchen

    STEPHANIE NESSELHUF RE/MAX ADVANTAGE

    11311 Overlook Ct, Lead, SD 57754
  • /40

    $1,695,000

    • 4 Beds
    • 3 Baths
    • 3,243 Sq Ft

    10726 Connemara Ln, Lead, SD 57754

    Perched along the rim of Spearfish Canyon, this exceptional luxury home captures sweeping, unobstructed views that define its truly remarkable setting. Ideally situated just up the road from Savoy and minutes from Cheyenne Crossing, the property places endless outdoor recreation right at your doorstep, offering a lifestyle as inspiring as the landscape itself. The exterior is thoughtfully

    Maria Sieck COLDWELL BANKER BLACK HILLS LEGACY

    10726 Connemara Ln, Lead, SD 57754
  • /38

    $1,977,000

    • 3 Beds
    • 2.5 Baths
    • 3,340 Sq Ft

    20813 Mollman Ln, Lead, SD 57754

    Enjoy the privacy of being surrounded by 29+ acres at the end of the trail. This home is well built with an insulated basement. Recent maintenance includes a new roof and deck stain/reseal. A new water heater was installed in 2025. Located minutes from Deadwood and Lead, this property has all the amenities that you could want to live in the country. It is bordered by BLM on 1 1/2 sides and no

    Janeen Walker STURGIS REAL ESTATE & AUCTIONS, INC

    20813 Mollman Ln, Lead, SD 57754
  • /37

    $1,750,000

    • 2 Beds
    • 2.5 Baths
    • 2,726 Sq Ft

    22231 Nahant Rd, Lead, SD 57754

    Listed by Jeff Lawler & Lori Barnett at Engel & Völkers Black Hills 605-786-5817. Rustic Luxury Meets Untamed Beauty | 21.58 Acres in the Heart of the Black Hills Welcome to a rare opportunity to own a one-of-a-kind retreat nestled on approximately 30 acres of pristine Black Hills landscape. This extraordinary property features a stunning 3,158 sq ft custom log home, thoughtfully designed with a

    Lori Barnett Engel & Völkers

    22231 Nahant Rd, Lead, SD 57754
  • /36

    $1,500,000

    • 3 Beds
    • 4 Baths
    • 3,141 Sq Ft

    21150 Stewart Slope Cir, North Lawrence, SD 57754

    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

    Ed Dreyer RE/MAX ADVANTAGE

    21150 Stewart Slope Cir, North Lawrence, SD 57754
  • /40

    $1,899,900

    New Construction $100K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 4,864 Sq Ft

    11246 Paradise Gulch Ln, Lead, SD 57754

    Framed by sweeping Terry Peak views and the beauty of the Black Hills, this stunning 4,864 sq. ft. estate redefines mountain luxury on 3.49 private acres. For Exclusive Tour Contact Cher Rhoades Oak & Key Realty 605.639.1158 Built with quality in mind and designed for both everyday living and elevated entertaining, the zero-entry layout welcomes you with soaring ceilings, expansive upgraded

    CHER RHOADES OAK & KEY REALTY, LLC

    11246 Paradise Gulch Ln, Lead, SD 57754
  • /42

    $1,500,000

    Open House 8/08
    • 4 Beds
    • 3.5 Baths
    • 2,376 Sq Ft

    22231 US Highway 85, Lead, SD 57754

    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,

    Shauna Sheets Keller Williams Realty Black Hills SP

    22231 US Highway 85, Lead, SD 57754
  • /32

    $1,950,000

    $550K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,374 Sq Ft

    11472 Gudat Rd Unit 5 AC, Lead, SD 57754

    Tucked away at the end of the road, this remarkable home offers rare privacy with Forest Service land bordering two sides and sweeping, serene views in every direction. The main level features two spacious bedrooms and three beautifully appointed baths, designed for comfort and easy living. Radiant in-floor heating warms both the house and the expansive shop, creating cozy luxury year-round. The

    Phillip Olsen OLSEN REAL ESTATE

    11472 Gudat Rd Unit 5 AC, Lead, SD 57754
  • /40

    $1,999,999

    $200K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 3,542 Sq Ft

    20723 Morning Star Rd, Lead, SD 57754

    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

    RUDI MCDANIELS OAK & KEY REALTY, LLC

    20723 Morning Star Rd, Lead, SD 57754
  • /34

    $1,550,000

    • 6 Beds
    • 4.5 Baths
    • 3,988 Sq Ft

    11264 Trolley Trail Ct Ct, Lead, SD 57754

    Experience the perfect blend of luxury, comfort, and Black Hills charm in this stunning home located in the highly sought-after Powder House Pass community. Whether you're searching for a full-time residence, mountain getaway, or investment opportunity, this exceptional property offers the ideal setting for creating unforgettable memories. Step inside to discover a spacious and thoughtfully

    Jeff Koch AMERI/STAR Real Estate, Inc.

    11264 Trolley Trail Ct Ct, Lead, SD 57754
  • /48

    $1,950,000

    • 4 Beds
    • 6 Baths
    • 5,343 Sq Ft

    21179 Last Chance Trail, Lead, SD 57754

    Contact Greg Klein at 605-920-1342, Matt Klein at 605-920-1341 or Kathleen Scott at 605-580-0111 today to schedule a showing on this Exquisite Executive Home in Terry Peak. A rare opportunity to find a Terry Peak executive property with majestic views on 2.96 acres. This property has an abundance of parking and storage capability – there’s an attached main level 23x24 garage, lower level 22x23

    Matt Klein Century 21 Associated Realty

    21179 Last Chance Trail, Lead, SD 57754
  • /40

    $1,574,000

    $100K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,360 Sq Ft

    21304 & 21302 Wasp Rd, Lead, SD 57754

    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

    CHEYENNE McGriff RE/MAX RESULTS

    21304 & 21302 Wasp Rd, Lead, SD 57754

Home Price Trends

Median Sale Price
$450,000
Median Single Family Sale Price
$729,000
Median Townhouse Sale Price
$514,950
Median 2 Bedroom Sale Price
$215,000
Median 1 Bedroom Sale Price
$149,500
Average Price Per Sq Ft
$305
Number of Homes for Sale
109
Last 12 months Home Sales
95
Months of Supply
13.80
Median List Price
$745,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
31%
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