603 N River St Hot Springs, SD 57747
Estimated payment $9,705/month
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
Property Details
Property Type
- Land
Property Views
- City
- Creek or Stream
- Hills
Interior Spaces
- 32,576 Sq Ft Home
Community Details
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Black Hills Association of REALTORS®
MLS Number: 177360
APN: 75520-05600-026-00
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Ask me questions while you tour the home.