NOT LISTED FOR SALE

11293 Lantern Ln Lead, SD 57754

Estimated Value: $989,000 - $1,030,782

3 Beds
3 Baths
2,880 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 13, 2025

Last sale price $1,000,000 $347 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,435/month

138 Days on Market

Highlights

  • New Construction
  • RV Parking in Community
  • Main Floor Bedroom
  • Spa
  • Clubhouse
  • Loft

About This Home

As of March 2025

Income Producing Property! Listed by Ali Larson United Country|AgTeam Land Brokers 605-347-1216 Welcome to your dream investment opportunity! Nestled in a prime location just minutes away from Terry Peak, Deadwood, and Sturgis, this immaculate home is the epitome of convenience and luxury, presenting a turnkey solution for generating income from day one. As you approach the property, the low-maintenance yard adorned with lush artificial turf and decorative rocks immediately catches the eye, ensuring effortless upkeep while maintaining pristine outdoor aesthetics. The expansive driveway offers ample parking space for vehicles and recreational toys, with the added convenience of a heated 3-car garage, perfect for storing ATVs, snowmobiles, and more. Step inside and be greeted by the grandeur of the open floor plan, accentuated by soaring peaked ceilings and a cozy fireplace that sets the stage for relaxation and entertainment. Custom craftsmanship exudes elegance and charm throughout the home, adding a distinct touch to every corner. The kitchen features stainless steel appliances, a corner pantry, and a large island with a farmhouse sink and seating. Adjacent to the kitchen, the dining area comfortably accommodates eight guests, creating an ideal space for hosting memorable gatherings and dinners.

Last Agent to Sell the Property

Alyssa Larson

AgTeam Land Brokers, LLC License #19865 Listed on: 03/15/2024

Last Buyer's Agent

Heath Gran

Great Peaks Realty License #12630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.65 Acre Lot
  • Landscaped with Trees
  • Lawn
  • Subdivision Possible

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned

Community Details

Recreation

  • Community Pool

Additional Features

  • RV Parking in Community
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,795

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: New Construction
  • Estimated Total Finished Sq Ft: 2880
  • Extras: Furnished
  • Full Three Quarter Bathrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Laundry: y
  • Main Level Number Bedrooms: 3
  • Personal Property: Dishwasher, Garbage Disposal, Refrigerator, Gas Range Oven, Washer, Dryer, Freezer, Water Softener Owned, Free Standing Hot Tub, Window Coverings(All)
  • Safety Features: Smoke Detectors
  • Spec Assessment Remarks: 2434.22
  • Sq Ft Above Grade: 2940
  • Style: Two Level
  • Subdivision Yn: Yes
  • Utilities Electric: Black Hills Energy
  • Utilities Gas: MDU
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: One, In Living Room
  • Estimated Sq Ft: 2500 - 2999
  • Estimated Total Sq Ft: 2880
  • Interior: Tile Floors, Vinyl Flooring, Walk-In Closets, Ceiling Fan(s), Stained Cement Floor
  • Laundry: Main Level
  • Main Floor Laundry: Yes
  • Number Of Bedrooms: 3
  • Number Of Fireplaces: 1
  • Other Rooms: Loft
  • Total Sq Ft: 2940

Exterior Features

  • Construction: Frame
  • Landscaping: Lawn, Rock, Trees
  • Exterior: Paved Street, RV Parking, Free Standing Hot Tub
  • Patio Deck: Open Patio
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: Three Car
  • Garage Type: Attached

Utilities

  • Air Conditioner: Yes
  • Heating: Natural Gas
  • Utilities Sewer: Association
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Amenities: Club House, Pool

Lot Info

  • Acreage: .5 - 1
  • Number Of Acres: 0.65

Tax Info

  • RE Taxes: 4795.08
  • Re Tax Year: 23

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $1,000,000 -11.1% $347 / Sq Ft
01/10/2025 01/10/25 Price Changed $1,125,000 -7.7% $391 / Sq Ft
08/08/2024 08/08/24 For Sale $1,219,000 0.0% $423 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $1,219,000 -12.8% $423 / Sq Ft
03/15/2024 03/15/24 For Sale $1,398,000 -- $485 / Sq Ft
Source: Mount Rushmore Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,240 $824,090 $195,380 $628,710
2024 $10,384 $795,330 $185,380 $609,950
2023 $7,229 $345,500 $160,380 $185,120
2022 $4,247 $119,840 $119,840 $0
2021 $4,247 $271,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 79493

Mount Rushmore Area Association of REALTORS®

APN: 26452-00403-004-17