$1,600,000
$160K PRICE DROP

603 N River St Hot Springs, SD 57747

Estimated payment $9,705/month

Total Views 5,798
0.19 Acre
-- Price per Acre
-- Sq Ft Lot

About This Lot

BE PART OF HOT SPRINGS' NEXT CHAPTER. Red Rock River Resort offers a rare opportunity to own one of the Black Hills region's most unique hospitality properties. Located along the river in historic Hot Springs, South Dakota, this destination property combines lodging, restaurant space, gathering areas, and tremendous potential for future growth. Hot Springs was once known as one of America's premier wellness and resort destinations, attracting visitors seeking relaxation, mineral springs, recreation, and hospitality. Today, the community is experiencing renewed energy with the revitalized River Walk, Moccasin Springs Natural Mineral Spa, Angostura Reservoir, Wind Cave National Park, The Mammoth Site, growing tourism, and visitors rediscovering everything the area has to offer. The current owners have continued to improve the property while preserving its character, creating a foundation that allows a new owner to operate immediately while implementing their own vision over time. Potential uses include boutique lodging, destination dining, wellness retreats, weddings, corporate retreats, family reunions, boutique retail, live entertainment, massage and spa services, or other hospitality concepts. Guests can spend days exploring the Southern Black Hills, enjoying nearby lakes and parks, experiencing the area's natural hot springs, and returning to relax along the river. This is more than a commercial property. It is an opportunity to create experiences, build a destination, and become part of the continued revitalization of one of South Dakota's most historic resort communities. Call or message Cheri St Pierre Berkshire Hathaway Home Services Midwest Realty for your private tour or questions 605-390-2481 See the video tour

Listing Agent

Cheri St Pierre

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY Listed on: 02/02/2026

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

Property Details

Property Type

  • Land

Property Views

  • City
  • Creek or Stream
  • Hills

Interior Spaces

  • 32,576 Sq Ft Home

Community Details

Property Details

Property Type

Land

Listing Details

  • Class: BUSINESS/INDUSTRY
  • Type: Accomodation
  • Lvt Date: 02/03/2026
  • View: Creek, City, Hills
  • Real Estate: Owned
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Square Foot: 32576
  • Total Square Foot Type: Over 4000

Lot Info

  • Location: Black Hills, Downtown

Multi Family

  • Number Of Units: 17

Tax Info

  • Year: 2024

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $12,752 $766,682 $51,482 $715,200
2024 $5,741 $766,682 $51,482 $715,200
2023 $6,009 $329,609 $34,288 $295,321
2022 $6,741 $766,350 $22,440 $743,910
2021 $6,831 $523,050 $22,440 $500,610
2020 $6,891 $541,920 $21,450 $520,470
2019 $7,152 $541,920 $21,450 $520,470
2018 $7,314 $494,610 $21,450 $473,160
2017 $7,334 $459,670 $21,450 $438,220
2016 -- $393,860 $13,240 $380,620
2015 -- $558,180 $13,240 $544,940
2011 -- $262,487 $0 $0
Source: Public Records

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
07/07/2026 07/07/26 Price Changed $1,600,000 -5.9% $49 / Sq Ft
06/04/2026 06/04/26 Price Changed $1,700,000 -3.4% $52 / Sq Ft
02/02/2026 02/02/26 For Sale $1,760,000 -- $54 / Sq Ft
Source: Black Hills Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Interfamily Deed Transfer -- Southern Hills Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $232,500 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Black Hills Association of REALTORS®

MLS Number: 177360

Black Hills Association of REALTORS®

APN: 75520-05600-026-00

Your Personal Tour Guide

Ask me questions while you tour the home.