PENDING
$200K PRICE DROP
Estimated payment $3,229/month
Total Views
3,050
1
Bed
1.5
Baths
1,321
Sq Ft
$416
Price per Sq Ft
Highlights
- Near a National Forest
- Wooded Lot
- Main Floor Primary Bedroom
- Creek On Lot
- Wood Flooring
- Home Office
About This Home
Contact listing agent Jordan Seibel (Oster) @ 307.290.0552 w/ Century 21 Associated Realty to discover the timeless charm of this serene and historic property, now offered to the public for the first time in seven decades. Tucked deep within the beauty of the Black Hills National Forest, this authentic log cabin offers an unmatched blend of peace, privacy, and natural splendor. Enjoy breathtaking views year-round, and let the gentle sounds of the nearby creek become the soundtrack to your new chapter. Whether you're gazing out the picture window or relaxing by the water's edge, this is a place to create memories that will last a lifetime. Enjoy a charming detached cottage with 3 versatile spaces-perfect for guests, creative studios, or extra storage-as well as ample shed space for all your needs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,759
Year Built
- Built in 1948
Lot Details
- 0.97 Acre Lot
- Wooded Lot
- Garden
- Subdivision Possible
HOA Fees
- $8 Monthly HOA Fees
Home Design
- Cabin
- Metal Roof
- Log Siding
Interior Spaces
- 1,321 Sq Ft Home
- Electric Fireplace
- Living Room with Fireplace
- Home Office
- Workshop
- Storage
- Wood Flooring
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Main Floor Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Creek On Lot
- Enclosed Patio or Porch
- Outbuilding
Utilities
- Heating Available
- Propane
- Well
- Electric Water Heater
- On Site Septic
Community Details
- Near a National Forest
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,759 | $365,210 | $197,500 | $167,710 |
| 2024 | $2,759 | $335,110 | $197,500 | $137,610 |
| 2023 | $2,845 | $303,850 | $178,750 | $125,100 |
| 2022 | $3,063 | $297,900 | $178,750 | $119,150 |
| 2021 | $2,767 | $297,900 | $0 | $0 |
| 2019 | $2,853 | $232,150 | $140,500 | $91,650 |
| 2018 | $2,836 | $230,950 | $0 | $0 |
| 2017 | $2,741 | $230,950 | $0 | $0 |
| 2016 | $2,900 | $230,950 | $0 | $0 |
| 2015 | $2,900 | $229,780 | $0 | $0 |
| 2014 | $2,926 | $228,060 | $0 | $0 |
| 2013 | -- | $225,130 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/13/2025 07/13/25 | Price Changed | $550,000 | -12.0% | $416 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $625,000 | -16.7% | $473 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $750,000 | -- | $568 / Sq Ft |
Source: Mount Rushmore Area Association of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $570,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Similar Homes in Lead, SD
Source: Mount Rushmore Area Association of REALTORS®
MLS Number: 84284
APN: 26985-00009-000-43
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