NOT LISTED FOR SALE

12976 Bogus Jim Rd Rapid City, SD 57702

Rapid City Area

Estimated Value: $844,804 - $868,000

4 Beds
2 Baths
2,960 Sq Ft
$290/Sq Ft Est. Value

About This Home

Tucked into a peaceful stretch just north of Rimrock, this 10-acre horse property offers the kind of space and freedom that’s getting harder to find—yet it’s conveniently located between Hwy 44 and Nemo Road for easy access to Rapid City. Currently set up as a hobby farm, the property is ready for your horses, animals, and wide-open lifestyle. Whether you're looking to expand into a full equestrian setup or simply enjoy the elbow room, this land delivers with usable acreage, scenic surroundings, and endless potential. The home features just under 3,000 square feet with 4 bedrooms and 2 bathrooms, offering a comfortable blend of space and function. Inside, you'll find room to spread out, while outside, the covered deck becomes the star of the show—perfect for morning coffee, evening sunsets, and taking in sweeping views of your land and the surrounding hills. Direct access to an incredible network of Black Hills recreational trails perfect for horseback riding, ATV/UTV adventures, hiking, and snowmobiling year-round. The nearby trail systems connect to miles of scenic backcountry routes leading toward iconic destinations throughout the Black Hills National Forest, including mountain vistas, historic mining areas, lakes, and charming mountain towns. If you're searching for horse property near Rapid City, acreage with views, or a hobby farm setup in the Black Hills area, this property checks all the boxes. Space, privacy, and location—all in one. The property’s newly approved agricultural classification provides significant property tax savings through a reduced assessed valuation and lower annual tax burden.

Range of Values:

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Collateral Analytics

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ICE

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First American

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Quantarium

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/04/2026 06/04/26 For Sale $865,000 -- $292 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,794 $783,377 $237,914 $545,463
2025 $10,107 $768,021 $233,251 $534,770
2024 $10,107 $752,962 $228,677 $524,285
2023 $10,002 $738,200 $224,194 $514,006
2022 $9,837 $723,727 $219,798 $503,929
2021 $9,574 $709,538 $215,489 $494,049
2020 $9,363 $702,270 $213,282 $488,988
2019 $9,406 $688,500 $209,100 $479,400
2018 $8,662 $675,000 $205,000 $470,000
2017 $5,646 $443,991 $133,147 $310,844
2016 $5,386 $435,288 $130,537 $304,751
2015 $5,268 $428,752 $128,577 $300,175
2014 $5,189 $420,355 $126,059 $294,296
Source: Public Records

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