Phillip Olsen Real Estate Agent - OLSEN REAL ESTATE

TBD Downen Rd Unit 9.41 acres, Fairburn, SD For Sale $178,790 - listed by Phillip Olsen — For Sale $178,790

Phillip Olsen listing agent for 3600 Sheridan Lake Rd, Rapid City, SD - sold for $305,000 — Sold $305,000

TBD Other Unit Downen Road, Hermosa, SD For Sale $178,790 - listed by Phillip Olsen — For Sale $178,790

Phillip Olsen buyer's agent for TBD Franklin Unit Lot 4, Rapid City, SD - sold for $39,000 — Sold $39,000

TBD Downen Rd Unit 20.0 acres, Fairburn, SD For Sale $360,000 - listed by Phillip Olsen — For Sale $360,000

Phillip Olsen

Black Hawk SD

OLSEN REAL ESTATE

50 Closed Sales

$22.2M Total Value

$100.5K - $1.6M Price Range

$443.2K Average Price

Prior 5 years

About Phillip

I have focused my career in real estate development for over 45 years now. This career path has given me the experience my clients expect when they are selling or acquiring their specialized property. I am experienced at project strategy and regulatory submittals so I can explain your options based on each different Black Hills community.
By far the largest impediment to any privately driven and successful real estate project is dealing with many different layers of regulatory in city, county, federal and the lender environment. My approach to this is backed by my years of first hand experience taking personal financial risk with projects and then backing my words with action and delivery.
Common sense must be applied to discussion surrounding ordinances but at the end of the day they are ordinances. Consideration must be given at the administrative level to achieve flexibility and to be willing to determine the best solution to move any project forward.
From my perspective today, the skill sets I bring to a business or project are with creative solutions to problem solving, creating projects that are new and different that hit the target market, negotiating, real life budgeting tied to conservative cash flow pro forma, a more matured focus, honesty and integrity.
Give me a call and we can get started on making your sale or acquisition successful.

Home Types: Lot/Land, Commercial, House, Townhouse, Condo, Manufactured

Years of Experience: 33

Education: Black Hills State University, Spearfish, SD

Transaction History

1 Year
2 Year
5 Year

Seller Deals
Total Deals	8
Total Value	$4,970,000
Average Sale Price	$621,250
Price Range	$260K - $1.5M

Seller Deals
Total Deals	12
Total Value	$7,390,000
Average Sale Price	$615,833
Price Range	$260K - $1.5M

Buyer Deals
Total Deals	5
Total Value	$880,000
Average Sale Price	$176,000
Price Range	$16K - $405K

Seller Deals
Total Deals	39
Total Value	$19,406,800
Average Sale Price	$497,610
Price Range	$77K - $1.6M

Buyer Deals
Total Deals	11
Total Value	$2,754,500
Average Sale Price	$250,409
Price Range	$16K - $620K

5 Year View

Neighborhoods Phillip is Experienced In

Phillip's Recent Active Listings

$178,790
- Land
- 9 Acres
- $19,000 per Acre
TBD Downen Rd

Unit 9.41 acres

Fairburn, SD
If you value the peace of open spaces and the charm of country living, this nearly 10 acre land tract deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co.

Phillip Olsen Olsen Real Estate

$178,790
- Land
- 9 Acres
- $19,000 per Acre
TBD Other

Unit Downen Road

Hermosa, SD
If you value the peace of open spaces and the charm of country living, this nearly 10 acre land tract deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co.

Phillip Olsen OLSEN REAL ESTATE

$360,000
- Land
- 20 Acres
- $18,000 per Acre
TBD Downen Rd

Unit 20.0 acres

Fairburn, SD
If you value the peace of open spaces and the charm of country living, this 20 acre land tract deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co. all of

Phillip Olsen Olsen Real Estate

$499,970
- Land
- 29 Acres
- $17,000 per Acre
TBD Other

Unit Downen Road

Hermosa, SD
If you value the peace of open spaces and the charm of country living, this 30 acre land parcel deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co. which

Phillip Olsen OLSEN REAL ESTATE

$360,000
- Land
- 20 Acres
- $18,000 per Acre
tbd Other

Unit Downen Road

Fairburn, SD
If you value the peace of open spaces and the charm of country living, this 20 acre land tract deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co. all of

Phillip Olsen OLSEN REAL ESTATE

$499,970
- Land
- 29 Acres
- $17,000 per Acre
TBD Downen Rd

Unit 29.41 acres

Fairburn, SD
If you value the peace of open spaces and the charm of country living, this 29.41 acre land tract deserves your serious attention. To ensure modern comfort in a rural setting, every lot may be served from the existing Downen Road and with drinking water from Fall River Rural Water, electricity from Black Hills Electric Cooperative, and high-speed fiber internet from Mt. Rushmore Telephone Co. all

Phillip Olsen Olsen Real Estate

$449,900
- 4 Beds
- 2 Baths
- 2,284 Sq Ft
3936 Jackson Blvd

Unit .23 acre

Rapid City, SD
This 1957 Craftsman ranch style home perfectly blends mid-century character with modern and tasteful updates. Spanning 2,284 square feet, this 4-bedroom (2 bdrm. in bsmt. not to code), 2-bathroom home sits in a prime West Rapid City location with easy access to paved trails and walkways located immediately across from Canyon Lake Park and Meadowbrook Golf Course. The meticulously clean and

Phillip Olsen OLSEN REAL ESTATE

$449,900
- 4 Beds
- 2 Baths
- 2,284 Sq Ft
3936 Jackson Blvd

Rapid City, SD
This 1957 Craftsman ranch style home perfectly blends mid-century character with modern and tasteful updates. Spanning 2,284 square feet, this 4-bedroom (2 bedroom in basement are not to code), 2-bathroom home sits in a prime West Rapid City location with easy access to paved trails and walkways located immediately across from Canyon Lake Park and Meadowbrook Golf Course. The meticulously clean

Phillip Olsen Olsen Real Estate

$850,000
- Land
- 4.59 Acres
- $185,185 per Acre
TBD Republic Rd

Unit 4.592 acres

Summerset, SD
This is a rectangular lot, about 337 feet wide and 578 feet deep (see attached map). You can connect to sewer and water from lines which parallel I-90 or from Republic Road. The lot is inside Summerset city limits and is zoned for general commercial use. The land has a gentle slope of 3–4%, making it easy to develop. It’s a good size and can fit multiple medium to large buildings, with about 337

Phillip Olsen OLSEN REAL ESTATE

Recently Sold

$305,000

Sold Sep 29, 2025
- 2 Beds
- 2 Baths
- 1,114 Sq Ft
3600 Sheridan Lake Rd

Rapid City, SD
- 6% Below List
- $274/SF
- 128 Days On Market
Phillip Olsen Olsen Real Estate

$400,000

Sold Nov 1, 2024
- 3 Beds
- 1.5 Baths
- 2,396 Sq Ft
4430 Reservoir Rd

Unit 2.0 acres

Rapid City, SD
- 24% Below List
- $167/SF
- 62 Days On Market
- Current Est. Value $424K
Phillip Olsen Olsen Real Estate

$750,000

Sold Nov 1, 2024
- 3 Beds
- 2 Baths
- 1,904 Sq Ft
9740 219th St

Piedmont, SD
- 21% Below List
- $394/SF
- 227 Days On Market
Phillip Olsen Olsen Real Estate

$100,500

Sold May 31, 2024
- Land
- 2.28 Acre Lot
TBD Monte Carlo Rd

Unit 2.28 AC

North Lawrence, SD
- 26% Below List
- 100 Days On Market
Phillip Olsen Olsen Real Estate

$930,000

Sold May 20, 2024
- 5 Beds
- 4.5 Baths
- 2,922 Sq Ft
129 Minor Lake Cir

Hill City, SD
- 2% Below List
- $318/SF
- 18 Days On Market
- Current Est. Value $900K
Phillip Olsen Olsen Real Estate

$181,000

Sold Jul 20, 2023
- Land
- 4.48 Acre Lot
TBD Hazel Ln

Rapid City, SD
- 28% Below List
- 44 Days On Market
Phillip Olsen Olsen Real Estate

$428,000

Sold Jan 24, 2023
- 2 Beds
- 2 Baths
- 1,703 Sq Ft
4133 Carmel Point

Rapid City, SD
- $251/SF
- 66 Days On Market
- Current Est. Value $467K
Phillip Olsen Olsen Real Estate

$810,000

Sold Nov 1, 2022
- 5 Beds
- 4.5 Baths
- 2,922 Sq Ft
129 Minor Lake Cir

Hill City, SD
- 5% Below List
- $277/SF
- 55 Days On Market
- Current Est. Value $900K
Phillip Olsen Olsen Real Estate

$145,000

Sold Oct 21, 2022
- Land
- 9.09 Acre Lot
TBD Wildflower Place

Unit 9.09 acres

Sturgis, SD
- 19% Below List
- 41 Days On Market
Phillip Olsen Olsen Real Estate

Other Experience

First Time Homebuyers, Senior Communities, Luxury Homes, New Construction

Agent License: South Dakota #9980

Phillip Olsen

(605) 501-6079

OLSEN REAL ESTATE

(605) 501-6079

Homes for Sale by City

Phillip Olsen

About Phillip

Transaction History

Seller Deals

Seller Deals

Buyer Deals

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Neighborhoods Phillip is Experienced In

Phillip's Listings and Deals

Phillip's Recent Active Listings

Recently Sold

Other Experience