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    Hot Springs, SD Land for Sale

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    Custer, SD Buffalo Gap, SD Edgemont, SD
    33 listings
    Ranch-Style Recreational Land Parcel
    $173,900
    5.00 Acres
    Ranch-Style Recreational Land Parcel

    Elk Run Road, Hot Springs, SD 57747

    Five-acre lot with level access, varied topography, and electric plus rural water available for this covenant-protected ranch.
    • 5‑acre lot in Canyon Rim Ranch with electric and rural water to the lot
    • Access is described as level, with varied topography for the property
    • Long‑range views are featured from the 5‑acre lot
    • Canyon Rim Ranch is a covenant‑protected wildlife preservation ranch with only 39 home sites on 2,700 acres
    • Buyers also receive access to 2,400 common area acres plus adjoining 4,500 acres of USFS and BLM lands
    Updated: Mar 27
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    Golf Course Corner Home Lot
    $119,000
    1.44 Acres
    Golf Course Corner Home Lot

    GC-41R Meadowlark Drive, Hot Springs, SD 57747

    A south-facing corner lot near Southern Hills Golf Course with utilities in place and a sewer easement at the rear.
    • 1.44‑acre corner lot at Southern Hills Golf Course in Hot Springs, SD, facing south with a gently sloping build site.
    • Direct views of the 14th green and 15th tee box, with the Seven Sisters range in the background.
    • Utilities already in place: BH Energy, city water and sewer, and high‑speed communication to the lot.
    • Two separate parcels combined into one property; association dues are $50/yr and paid for 2026.
    • 20‑ft wide sewer easement on the south end of the property.
    Updated: Apr 27
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    Southern Black Hills Acreage
    $129,900
    5.06 Acres
    Southern Black Hills Acreage

    Picturesque 5+ acre parcels in the Southern Black Hills.

    Tract 4 Lariat Circle, Hot Springs, SD 57747

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    Southern Black Hills Acreage Available
    $129,900
    5.13 Acres
    Southern Black Hills Acreage Available

    Picturesque 5+ acre parcels in the Southern Black Hills.

    Tr. 3 Lariat Circle, Hot Springs, SD 57747

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    Southern Black Hills Acreage
    $129,900
    5.21 Acres
    Southern Black Hills Acreage

    5+ acre parcels in the Southern Black Hills.

    Tract 5 Lariat Circle, Hot Springs, SD 57747

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    Residential Land with Scenic Views
    $124,900
    5.10 Acres
    Residential Land with Scenic Views

    Dream home site with views near Hot Springs, South Dakota.

    27871 Jenny Road, Hot Springs, SD 57747

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    Secluded 9.22-Acre Building Site
    $197,000
    9.22 Acres
    Secluded 9.22-Acre Building Site

    Private mountain homesite near Hot Springs, SD.

    27317 Flagstone Road, Hot Springs, SD 57747

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    Hot Springs Acreage with Possibilities
    $299,900
    15.85 Acres
    Hot Springs Acreage with Possibilities

    15.85 acres near Hot Springs, SD, no covenants.

    Highway 385, Hot Springs, SD 57747

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    Residential Lot Near Custer Park
    $157,900
    5.19 Acres
    Residential Lot Near Custer Park

    5.19 acre residential lot with water setup near Custer.

    Sundance Drive, Hot Springs, SD 57747

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    Land with 360-Degree Views
    $1,695,000
    113.00 Acres
    Land with 360-Degree Views

    113-acre parcel with timber, rock outcroppings, and flat spots, with electricity to the lot line.

    Joy Drive, Hot Springs, SD 57747

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    Ranch-Community 5-Acre Homesite
    $169,900
    5.00 Acres
    Ranch-Community 5-Acre Homesite

    5-acre buildable lot with a completed survey, existing two-track driveway, and water hookup, plus access to shared ranch and public recreation acreage.

    26771 Elk Run Road, Hot Springs, SD 57747

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    Lake-Adjacent Recreational Land
    $139,900
    3.01 Acres
    Lake-Adjacent Recreational Land

    Recreational property near Angostura Reservoir with power available for year-round use.

    13244 Hillsview Drive, Hot Springs, SD 57747

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    Southern Black Hills Wooded Parcel
    $249,900
    10.69 Acres
    Southern Black Hills Wooded Parcel

    Secluded 10.69 acre parcel in the Southern Black Hills.

    26757 Buffalo Butte Drive, Hot Springs, SD 57747

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    Improved Lot Near Angostura Reservoir
    $175,000
    1.21 Acres
    Improved Lot Near Angostura Reservoir

    1.21 acre lot with utilities near Angostura Reservoir.

    28019 Evening Star Trail, Hot Springs, SD 57747

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    Residential Building Lot
    $79,000
    2.14 Acres
    Residential Building Lot

    Build a home on a 2.14-acre site near Hot Springs with electric power available.

    12874 Pasque Flower Trail, Hot Springs, SD 57747

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    Recreation Land with Creek
    $250,000
    10.94 Acres
    Recreation Land with Creek

    Spring-fed creek and varied terrain create multiple building sites across two parcels in Fall River County.

    Jenny Road, Hot Springs, SD 57747

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    Corner Lot Ready to Build
    $48,900
    0.56 Acres
    Corner Lot Ready to Build

    Half-acre lot near golf course and historic Hot Springs.

    Cardinal Drive, Hot Springs, SD 57747

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    Wind Cave Estates Building Site
    $147,280
    5.26 Acres
    Wind Cave Estates Building Site

    Generously sized residential building site near Hot Springs, South Dakota.

    Highway 385 lot: 2, Hot Springs, SD 57747

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    Hot Springs Building Site Available
    $115,000
    4.09 Acres
    Hot Springs Building Site Available

    Generously sized building site near Hot Springs, South Dakota.

    Highway 385 lot: 3, Hot Springs, SD 57747

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    Wind Cave Estates Building Site
    $108,000
    3.73 Acres
    Wind Cave Estates Building Site

    Generously sized lot near Hot Springs, SD.

    Highway 385 lot: 4, Hot Springs, SD 57747

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    Wind Cave Estates Building Site
    $149,520
    5.34 Acres
    Wind Cave Estates Building Site

    Generously sized building site near Hot Springs, South Dakota.

    Highway 385 lot: 1, Hot Springs, SD 57747

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    Spacious Residential Lot Near Angostura
    $110,000
    2.48 Acres
    Spacious Residential Lot Near Angostura

    2.48-acre lot near Angostura Reservoir, ideal for Black Hills adventures.

    Stardust Pass, Hot Springs, SD 57747

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    Hot Springs Residential Land Parcel
    $80,000
    1.28 Acres
    Hot Springs Residential Land Parcel

    1.28 acre residential land parcel in Hot Springs, South Dakota.

    TBD Lots 15-22 Germond Street, Hot Springs, SD 57747

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    Hot Springs Residential Land Parcel
    $73,000
    0.64 Acres
    Hot Springs Residential Land Parcel

    Residential land parcel in Hot Springs with development potential.

    TBD Lots 5-8 Germond Street, Hot Springs, SD 57747

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    Hot Springs, SD Land Investment Opportunities Market Analysis

    Explore 41 land for sale in Hot Springs, SD, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,313,900.

    Sale prices for lots in Hot Springs, SD start at $0.00, averaging $191,330, and reaching up to $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 19
    Recreation land 5
    Agricultural land / Farmland 4
    Commercial land 1

    Demographics Overview

    Population 5,889
    Population Growth (5Y) -0.4%
    Median Household Income $64,023
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57747 $202.2K

    Taxes & Financing

    Tax Rate (average for all types) 0.95%
    Property Tax per SF $92.35 per SF
    Average Loan-to-Value 65.0%

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