Homes for Sale in South Dakota - Investment

/5
$125,000
- Land
- 0.35 Acre
- $355,316 per Acre
163 Lake Ridge Dr, Wentworth, SD 57075

Welcome to the Lakes Community located between Lake Madison and Lake Brant. This walk out lot is located on hole number 7 of the Lakes Golf Course. Great views of Hole number 6 green and Hole number 5 & 7 teebox. Living on the golf course is like being on vacation all year long. The small HOA fee ($150/year) takes care of streetlights and a park tha tborders Round Lake with a community dock,

Todd Nelson

Harr & Lemme Real Estate

(605) 864-4223

163 Lake Ridge Dr, Wentworth, SD 57075
/48
$1,299,000
- 1 Bed
- 1 Bath
- 5,632 Sq Ft
3103 E Fairgrounds Loop, Spearfish, SD 57783

Contact listing agent Brandon Harvey 605-920-9853 with Great Peaks Realty for more information. Take a look at this opportunity for an established commercial building with tenants in place and room to expand. Located just off I-90, exit 8, in the Spearfish Industrial Park this commercial space produces great income and potential for more. Main floor is 4800+- square feet featuring 4 separate

Brandon Harvey

Great Peaks Realty

(605) 815-4973

3103 E Fairgrounds Loop, Spearfish, SD 57783
/39
$4,500,000
- Land
- 961.14 Acres
- $4,682 per Acre
24098 Other Unit Daughenbaugh Rd and, Hermosa, SD 57744

Listed by Erica Beshara with The Real Estate Group. This expansive 961+ acre parcel is a true gem of western South Dakota's rolling prairie, offering proven productivity and breathtaking scenery. With panoramic views of the Black Hills on the horizon (notice Mt. Rushmore!), the property combines prime grazing potential with easy access and strong investment appeal. Leased for cattle operations

ERICA BESHARA

THE REAL ESTATE GROUP, INC.

(605) 836-6803

24098 Other Unit Daughenbaugh Rd and, Hermosa, SD 57744
/48
$875,000
- 4 Beds
- 3 Baths
- 2,407 Sq Ft
21222 Twilight Ct, Lead, SD 57754

Welcome to Tipsy Timbers, a custom cabin built in 2020 offering an unforgettable Black Hills getaway. Located on a cul-de-sac in the highly sought after Powder House Pass subdivision, you will enjoy paved roads, access to the clubhouse with shuffleboard, pool table, and a heated pool open year round. Just outside of Lead and Deadwood, you are minutes from Terry Peak Ski Area and can ride your ATV

Falina Selchert

Real Broker Black Hills

(605) 315-7091

21222 Twilight Ct, Lead, SD 57754
/4
$80,500
- Land
- 0.76 Acre
- $105,921 per Acre
TBD Tbd Ave, Webster, SD 57274

Build Your Dream in Webster! Three prime residential parcels available — buy one or combine for more space!. Inside city limits with access to utilities .No covenants - bring your own design and vision .Plenty of room for home, garage, shop, or investment property. Located in a highly sought after neighborhood in Webster Location: Webster, SD - close to schools, parks, and downtown • Lot 13 & 14

Jim Pieper

JP REAL ESTATE

(605) 316-3709

TBD Tbd Ave, Webster, SD 57274
/5
$115,000
- Land
- 0.37 Acre
- $314,208 per Acre
165 Golf View Cir, Wentworth Township, SD 57075

Welcome to the Lakes Community located between Lake Madison and Lake Brant. This flat lot is located on hole number 7 of the Lakes Golf Course and is the only lot left in the cul-de-sac in Golf View Circle. Great views of Hole number 6 green and Hole number 7 teebox. Living on the golf course is like being on vacation all year long. The small HOA fee ($150/year) takes care of streetlights and a

Todd Nelson

Harr & Lemme Real Estate

(605) 210-5541

165 Golf View Cir, Wentworth Township, SD 57075
/5
$44,500
- Land
- 0.4 Acre
- $111,250 per Acre
TBD Tbd Ave, Webster, SD 57274

Build Your Dream in Webster!Three prime residential parcels available — buy one or combine for more space! ✨ Inside city limits with access to utilities✨ No covenants - bring your own design and vision✨ Plenty of room for home, garage, shop, or investment property✨ Located in a highly sought after neighborhood in Webster📍 Location:

Jim Pieper

JP REAL ESTATE

(605) 460-6892

TBD Tbd Ave, Webster, SD 57274
/39
$1,199,000
- 4 Beds
- 3 Baths
- 4,915 Sq Ft
25389 McCurran Ranch Rd Unit Just off Sidney Park, Custer, SD 57730

Set on five acres bordered by U.S. Forest Service land, this exceptional mountain retreat offers rare privacy, refined craftsmanship, and outstanding income potential. Extensively renovated with timeless finishes and thoughtful design, the home blends luxury living with effortless functionality in a premier location near Custer. The main level features light-filled living spaces, a chef’s kitchen

Andrea Ronning

ASPEN+PINE REALTY

(605) 937-8157

25389 McCurran Ranch Rd Unit Just off Sidney Park, Custer, SD 57730
/3
$500,000
- Land
- 2 Acres
- $250,000 per Acre
L3&4 Archer 3rd Addition, Estelline, SD 57234

Get ready for summer with these two backlots available on Lake Poinsett offering 2 acres of space in a booming lake community! Enjoy the feel of lake life with plenty of room for a home, shop, or future investment. Located in a high demand area with continued growth, these lots provide privacy, flexibility, and strong long term potential just steps from one of the region's most popular lakes. Buy

Kelan Bludorn

Best Choice Real Estate

(605) 674-7735

L3&4 Archer 3rd Addition, Estelline, SD 57234
/30
$1,350,000
- Land
4101 Biernbaum Ln, Rapid City, SD 57701

Turn-Key Self-Storage Investment Opportunity This well-maintained, turn-key self-storage facility is strategically located along a high-visibility corridor on Campbell St in Rapid City, SD with traffic counts exceeding 18,000 vehicles per day, providing excellent exposure and long-term demand drivers. The property features a total of 107 high-quality storage units across a diversified mix of

Kevin Andreson

KELLER WILLIAMS REALTY BLACK HILLS - SPEARFISH

(605) 674-7314

4101 Biernbaum Ln, Rapid City, SD 57701
/32
$595,000
- 3 Beds
- 2 Baths
- 1,968 Sq Ft
23221 Black Forest Place, Rapid City, SD 57702

Nestled among the ponderosa pines of the Black Hills, this 3-bedroom, 2-bath retreat offers a rare opportunity to own a fully furnished, turnkey short-term rental in one of western South Dakota's most sought-after recreational areas. Currently operating as a successful short-term rental-style vacation rental, the property is ready to continue generating income from day one-or serve as a private

Tommy Wiles

#1 Properties Ranch and Recreation, LLC

(605) 524-2355

23221 Black Forest Place, Rapid City, SD 57702
/9
$599,900
- Land
- 7.43 Acres
- $80,740 per Acre
TBD University, Hot Springs, SD 57747

Looking for undeveloped city lots for sale in Hot Springs? Look no further! Resa Rutz, Realtor C21-Stevens can provide you with all the info you need. Contact her at 605-891-1298 for more details. This property is located in a highly accessible area in the city limits of Hot Springs and borders the city limit/county line. It's situated on the corner of University and 25th Street, right at the

Resa Rutz

Century 21 Stevens & Associates

(605) 636-2185

TBD University, Hot Springs, SD 57747
/20
$699,000
- 4,594 Sq Ft
3700 W 93rd St, Sioux Falls, SD 57108

Excellent Investment Opportunity in South Sioux Falls!Located in the highly sought-after Harrisburg School District, this well-maintained multi-family property offers strong rental potential. Each unit features 2 spacious bedrooms, 1 full bath, in-unit laundry, and an attached garage—making it a desirable choice for tenants. There are 6 garage spaces total: the two lower units each have a

Monica Pluim

Coldwell Banker Empire Realty

(605) 657-4828

3700 W 93rd St, Sioux Falls, SD 57108
/41
$549,900
- 2 Beds
- 1.5 Baths
- 1,290 Sq Ft
176 E Lake Dr, Estelline, SD 57234

Enjoy lakeside living at its finest in this beautifully redone 2-bedroom, 2-bath cabin on Lake Poinsett. Sitting right on the water, this home offers stunning views from a spacious deck perfect for relaxing or entertaining. Inside, everything feels fresh and modern with stylish finishes and a thoughtful layout designed for comfort and convenience. Located in one of the most sought-after areas on

Kelan Bludorn

Best Choice Real Estate

(605) 524-7649

176 E Lake Dr, Estelline, SD 57234
/8
$175,000
- Land
- 0.68 Acre
- $257,353 per Acre
Lot 6 Block 6 Woodland Way, South Lawrence, SD 57754

The amenities in Trailside Addition at Powder House Pass are not matched anywhere in the Black Hills. Come build your dream home here! Association water is available to tap into, plus paved roads. Executive homes are scattered amidst the pine, aspen and Black Hills spruce. Located just minutes from Black Hills National Forest, Terry Peak, the Mickelson Trail and Spearfish Canyon for all your

Michael Warwick

GREAT PEAKS REALTY MUNRO & GRAN

(605) 657-4340

Lot 6 Block 6 Woodland Way, South Lawrence, SD 57754
/25
$272,000
- 2 Beds
- 2 Baths
- 881 Sq Ft
1017 Oak St, Whitewood, SD 57793

For more information, please contact listing agents Michael Warwick 605-641-2569 or Heath Gran 605-209-2052 with Great Peaks Realty. GREAT INVESTMENT PROPERTY!! Cozy 2-bedroom, 2-bathroom home situated on a beautiful, double lot in Whitewood! This home has such a bright, beautiful feel - from the covered front porch to the hardwood floors, open kitchen and main level laundry. Upper-level bedroom

Michael Warwick

Great Peaks Realty

(605) 638-9944

1017 Oak St, Whitewood, SD 57793
/31
$599,900
- 1,063 Sq Ft
301 Scott Place, Tea, SD 57064

Investment opportunity to own three individual townhome units all under one roof! All 3 units are currently occupied and the historic occupancy rate is over 95%. Fresh exterior paint on the entire building and unit 303 was painted on the interior in 2025 as well. Two bedrooms, full bath and separate laundry room in all units with slab on grade ranch style floor plan. OVERSIZED, 26 ft deep

Kory Davis

The Experience Real Estate

(605) 653-4717

301 Scott Place, Tea, SD 57064
/3
$60,000 Open Sat 12PM - 1:30PM
- 3 Beds
- 1 Bath
- 860 Sq Ft
819 W 11th St, Sioux Falls, SD 57104

**Attention INVESTORS**This Home is on a bidding platform. Starting bid is $60,000!! SOLD AS IS!!! ONLY SHOWINGS ARE THE FOLLOWING OPEN HOUSES: Saturday the 21st & Sunday the 22nd from 12-1:30pm, Wednesday the 25th at 5-6pm, Saturday the 28th & Sunday the 1st from 12-1:30. No other showings and the bidding ends Sunday the 1st at 6pm. DONT MISS YOUR CHANCE!! Call Jessica with any questions

Jessica Bergman

eXp Realty

(605) 307-3237

819 W 11th St, Sioux Falls, SD 57104
/48
$1,199,000
- 4 Beds
- 3 Baths
- 4,915 Sq Ft
25389 McCurran Ranch Rd, Custer, SD 57730

Set on five acres bordered by U.S. Forest Service land, this exceptional mountain retreat offers rare privacy, refined craftsmanship, and outstanding income potential. Extensively renovated with timeless finishes and thoughtful design, the home blends luxury living with effortless functionality in a premier location near Custer. The main level features light-filled living spaces, a chef’s kitchen

Andrea Ronning

Aspen+Pine Realty

(605) 674-6663

25389 McCurran Ranch Rd, Custer, SD 57730
/4
$44,500
- Land
- 0.4 Acre
- $111,250 per Acre
LOT 8 Tbd Ave, Webster, SD 57274

Build Your Dream in Webster! Three prime residential parcels available — buy one or combine for more space! Inside city limits with access to utilities, No covenants - bring your own design and vision .Plenty of room for home, garage, shop, or investment property. Located in a highly sought after neighborhood in Webster. Location: Webster, SD - close to schools, parks, and downtown • Lot 8 (0.40

Jim Pieper

JP REAL ESTATE

(605) 472-7549

LOT 8 Tbd Ave, Webster, SD 57274
/17
$234,900
- 3 Beds
- 1 Bath
- 975 Sq Ft
406 E Adams St, Rapid City, SD 57701

Listed by Matt Stewart, Keller Williams Realty BLACK HILLS, (605) 430-7695. Welcome to this great starter home or investment opportunity. This home offers 3 bedrooms, 1 bathroom with a large living room and combined kitchen & dining area. The home has had updates to the paint, light fixtures, and flooring over the past couple of years. Outside enjoy the large fenced backyard with lots of space to

Matt Stewart

KELLER WILLIAMS REALTY BLACK HILLS

(605) 467-5726

406 E Adams St, Rapid City, SD 57701
/16
$354,900
- 2 Beds
- 1 Bath
- 1,106 Sq Ft
1230 N Titan Ave, Tea, SD 57046

Welcome to your new home in Tea! This charming 2-bedroom, 1-bath residence is designed for easy living with a functional layout and modern touches. The home sits on a slab foundation, offering single-level living with no basement maintenance to worry about. Step inside to find soaring 9-foot ceilings that create a spacious, open feel throughout. The kitchen is equipped with sleek slate appliances

Shaina Goedtke

Keller Williams Realty Sioux Falls

(605) 453-5239

1230 N Titan Ave, Tea, SD 57046
/36
$630,000
- 5,744 Sq Ft
2405 Prairie Eagle Cir, Huron, SD 57350

This well-maintained 5-plex apartment building, built in 2005, offers an excellent investment opportunity. The single-level property features four spacious 2-bedroom, 1-bathroom units and one larger 2-bedroom, 1.5-bathroom unit, each with its own garage for added convenience. Fully occupied with reliable tenants, the building has been cared for and is ready for its new owner to step in and enjoy

Shawn Harvey

Montgomery Real Estate

(605) 636-2056

2405 Prairie Eagle Cir, Huron, SD 57350
/28
$338,000
- 2,200 Sq Ft
1118 W 8th St, Sioux Falls, SD 57104

This updated 5-unit property offers excellent investment potential with a proven rental track record. Recent improvements include a newer roof and freshly painted exterior for long-term durability and curb appeal. Most units feature remodeled interiors with updated paint, flooring, and lighting. The basement unit was fully renovated with a modern kitchen, tile shower, and contemporary finishes

Chris Chase

Axen Realty LLC

(605) 303-6466

1118 W 8th St, Sioux Falls, SD 57104
/9
$53,500
- Land
- 0.31 Acre
- $172,581 per Acre
L1,B7 Johnson Addition, Arlington, SD 57212

Prime Corner Lot in Arlington - Johnson Addition Don't miss this excellent opportunity to own a spacious 0.31-acre corner lot in the desirable Johnson Addition of Arlington, SD. This nicely situated property offers tons of potential for your next investment build or personal residence. With its corner location, you'll enjoy added flexibility for design, access, and curb appeal. Whether you're

Josh Nelson

Best Choice Real Estate

(605) 525-3350

L1,B7 Johnson Addition, Arlington, SD 57212
/6
$75,000
- Land
- 0.3 Acre
- $251,340 per Acre
0 Lake Dr Dr Unit 22501565, Wentworth, SD 57075

Welcome to the Lakes Community located between Lake Madison and Lake Brant. This lot is located on hole number 9 of the Lakes Golf Course. Views of Round Lake, Hole number 9 tee box & fairway. Living on the golf course is like being on vacation all year long. The small HOA fee takes care of streetlights and a park that borders Round Lake with a community dock, playground, sand volleyball court

Todd Nelson

Harr & Lemme Real Estate

(605) 777-0194

0 Lake Dr Dr Unit 22501565, Wentworth, SD 57075
/36
$590,000
- 3 Beds
- 2 Baths
- 2,015 Sq Ft
24269 State 50 Hwy Hwy, Chamberlain, SD 57325

Nestled just outside of Chamberlain, this rustic log cabin offers the perfect blend of peaceful seclusion and breathtaking river views. Perched above the mighty Missouri River, this property invites you to slow down, breathe deep, and soak in the beauty of South Dakota’s rolling landscape. Whether you're looking for a year-round residence, a serene vacation escape, or a turn-key investment

Lacie Packard

Keller Williams Realty Sioux Falls

(605) 924-2575

24269 State 50 Hwy Hwy, Chamberlain, SD 57325
/8
$130,000
- Land
- 0.95 Acre
- $136,842 per Acre
Lot 1 , B3 Johnson's Addition, Arlington, SD 57212

A RARE OPPORTUNITY IN ARLINGTON'S JOHNSON ADDITION!Looking for space, income potential, or a place to host your own getaway? This unique property sits just shy of 1 acre and is fully set up with 13 full hook-up campsites, each featuring electric (50 & 30 amp), water, and sewer connections. Whether you're catering to campers, planning events, or looking for additional income streams, the

Josh Nelson

Best Choice Real Estate

(605) 627-4302

Lot 1 , B3 Johnson's Addition, Arlington, SD 57212
/39
$1,136,000 New Construction
- 4 Beds
- 4 Baths
- 3,426 Sq Ft
20650 Wildberger Rd, Sturgis, SD 57785

This custom design offers a spacious layout and overlooks the scenic beauty of Apple Springs, making it a great opportunity for a vacation cabin or rental investment. Enjoy a primary suite with deck access, a cozy living room with a gas fireplace, and a walk-out lower level complete with a wet bar and bunk room—perfect for hosting guests. Whether you’re looking for a personal getaway or a

Michael Warwick

GREAT PEAKS REALTY MUNRO & GRAN

(605) 853-8213

20650 Wildberger Rd, Sturgis, SD 57785
/40
$1,500,000
- 3 Beds
- 3 Baths
- 3,294 Sq Ft
13179 Bridge Ln, Rapid City, SD 57702

Two Properties in One! 13179 Bridge Lane ~ Stunning Custom Log Home and 13175 Bridge Lane Guest Cabin on total of 3+ Acres with Rapid Creek Frontage Near Rapid City! Listed by Andrea Eddy, Berkshire Hathaway HomeServices Midwest Realty ~ 605-270-1520. The centerpiece is a breathtaking custom log home, constructed with imported Canadian logs and designed to impress. Offering over 2,800 square

ANDREA EDDY BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

13179 Bridge Ln, Rapid City, SD 57702
/37
$879,000
- 5 Beds
- 4.5 Baths
- 3,233 Sq Ft
21230 Last Chance Trail, Lead, SD 57754

Listed by Seth Malott, with CENTURY 21 ClearView Realty, (605) 545-2609. Nestled in the coveted Lost Camp Valley Subdivision near Terry Peak, 21230 Last Chance Trail, is a stunning 3,164 sq. ft., custom built cabin which offers a rare opportunity to own a turn-key, fully furnished and well managed retreat with unbeatable proximity to winter sports, ATV/UTV/hiking trails, and historic Deadwood.

Seth Malott CENTURY 21 CLEARVIEW REALTY

21230 Last Chance Trail, Lead, SD 57754
/40
$1,440,000 New Construction
- 4 Beds
- 3.5 Baths
- 3,245 Sq Ft
11286 Other Unit Eastwind Court, Lead, SD 57754

BRAND NEW & TURNKEY — Your Next Investment Awaits! Step into effortless luxury in this just-completed 3,245 sq. ft. home in the highly desirable Powder House subdivision — designed for comfort, built for lasting value, and ready for immediate enjoyment. Whether you're looking for a full-time residence, vacation getaway, or income-generating property, this turnkey gem checks all the boxes. Set on

Jeffery Christians REAL BROKER - SPEARFISH

11286 Other Unit Eastwind Court, Lead, SD 57754
/36
$1,750,000
- 4 Beds
- 3.5 Baths
- 3,612 Sq Ft
11758 S Dakota 44, Rapid City, SD 57702

Bordering National Forest Service & direct access to Rapid Creek with a private bridge just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy

NICHOLE BIEGLER EXP REALTY

11758 S Dakota 44, Rapid City, SD 57702
/46
$1,440,000 New Construction
- 4 Beds
- 3.5 Baths
- 3,245 Sq Ft
11286 Eastwind Ct, Lead, SD 57754

BRAND NEW & TURNKEY — Your Next Investment Awaits! Step into effortless luxury in this just-completed 3,245 sq. ft. home in the highly desirable Powder House subdivision — designed for comfort, built for lasting value, and ready for immediate enjoyment. Whether you're looking for a full-time residence, vacation getaway, or income-generating property, this turnkey gem checks all the boxes. Set on

Jeffery Christians Real Broker Spearfish

11286 Eastwind Ct, Lead, SD 57754
/33
$1,750,000
- 4 Beds
- 3.5 Baths
- 3,612 Sq Ft
11758 W Highway 44, Rapid City, SD 57702

Bordering National Forest Service & direct access to Rapid Creek with a private bridge just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy

NICHOLE BIEGLER eXp Realty

11758 W Highway 44, Rapid City, SD 57702
/28
$575,000
- Land
- 2.68 Acres
- $214,552 per Acre
Lot 1 Duke Pkwy, Spearfish, SD 57783

This 2.68 +/- acre parcel in Elkhorn Ridge Golf Estates sits directly on the golf course and offers excellent potential for a townhouse or multi-lot development. Great access and a convenient Northern Hills location make this a standout investment. Seller believes utilities are in the right-of-way and the project has preliminary approval. Buyer to verify sewer, utilities, available taps, and any

Heath Gran Great Peaks Realty

Lot 1 Duke Pkwy, Spearfish, SD 57783
/20
$850,000
- Land
- 200 Acres
- $4,250 per Acre
Lindley Township Hwy, Fairfax, SD 57335

Welcome to a premier 200 acre hunting and recreational property in Gregory County, South Dakota, located just 4 miles northeast of Bonesteel and less than one mile from the Missouri River. This exceptional tract sits in the heart of the Missouri River Breaks, an area widely known for producing trophy whitetail deer and excellent turkey hunting.The property features a diverse mix of

Tall Properties Tall Tines Trophy Properties

Lindley Township Hwy, Fairfax, SD 57335
/25
$800,000
- Land
- 75.89 Acres
- $10,542 per Acre
20730 Sd-44, Interior, SD 57750

Set against the dramatic backdrop of Badlands National Park, these 2,352 sq/ft modular homes offer a rare blend of comfort, utility, and panoramic beauty. Thoughtfully built out and recently updated with new windows, the home captures sweeping views of the White River and surrounding landscapeperfect for those who value both solitude and adventure. The west side of the property features 5 RV

Patrick Donahue Western Properties Inc.

20730 Sd-44, Interior, SD 57750
/42
$599,000
- 3 Beds
- 2 Baths
- 1,352 Sq Ft
12066 Beardsley Dr, Hot Springs, SD 57747

***NEW LISTING*** Immaculately-maintained ranch, boasting main-level living and sitting on 10 acres that is fenced and cross-fenced for horses! Wood-adorned walls, ceilings, and floors throughout. Inviting kitchen hosting lots of cabinets & countertop space and an ample dining room with cozy wood-burning stove & walkout to the expansive covered deck that spans the length of the home. Enormous,

Faith Lewis Faith Lewis Realty

12066 Beardsley Dr, Hot Springs, SD 57747
/50
$5,525,000
- Land
- 650 Acres
- $8,500 per Acre
(West Unit) 28146 382nd Ave, Armour, SD 57313

South Dakota Pheasant Acres West Unit features 650 acres of premier hunting land known for exceptional pheasant habitat and strong wildlife diversity. This large, contiguous tract offers scale, huntability, and investment appeal in South Dakota’s legendary pheasant country.Land The West Unit provides expansive acreage with a landscape perfectly suited for upland bird hunting

Jake Hyland Hayden Outdoors Real Estate

(West Unit) 28146 382nd Ave, Armour, SD 57313

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Homes for Sale in South Dakota - Investment

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