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    Keystone, SD Land for Sale

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    Rapid City, SD Hermosa, SD Hill City, SD
    15 listings
    Commercial Land with Highway Access
    $674,900
    30.12 Acres
    Commercial Land with Highway Access

    13660 Highway 40, Keystone, SD 57751

    30+ acres with a well, power, and two gated entries off Highway 40 for flexible development and recreation.
    • 30+ acres along Hwy 40 near Rushmore Cave
    • Well and power are already in place
    • No covenants reported
    • Two gated highway access points for year‑round entry
    • Varied topography with rolling terrain, rock outcroppings, trees, and open meadow spaces
    Updated: May 19
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    Keystone SD Land Opportunity
    $674,900
    22.83 Acres
    Keystone SD Land Opportunity

    1201A Old Hill City Road, Keystone, SD 57751

    22.83 acres of commercial land in Keystone, South Dakota.
    • 22.83 acres commercially zoned within Keystone city limits.
    • Bordered by USFS on two sides, ensuring privacy.
    • Prime location near Mt. Rushmore and other Black Hills attractions.
    • Suitable for campground, glamping, cabins, or private residence.
    • Existing infrastructure of old mining roads.
    Updated: May 7
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    Mining-Inspired Land Development Site
    $674,900
    22.83 Acres
    Mining-Inspired Land Development Site

    22.83-acre property within Keystone city limits with historic mining remnants, old mine roads, and USFS-adjacent privacy on two sides.

    1201A Old Hill City Road, Keystone, SD 57751

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    Platted Residential Land with Elevation Change
    $175,000
    4.42 Acres
    Platted Residential Land with Elevation Change

    4.42 acres in a maintained subdivision with mixed grassland and mature Ponderosa pine, plus notable terrain change.

    13752 Borglum Road, Keystone, SD 57751

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    Keystone Acreage Bordering Forest Service
    $745,000
    25.17 Acres
    Keystone Acreage Bordering Forest Service

    25+ acres near Mount Rushmore with no covenants!

    Old Hill City Road lot: 3 & 4, Keystone, SD 57751

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    Keystone Land with Mountain Views
    $170,000
    2.85 Acres
    Keystone Land with Mountain Views

    Secluded homesite near Mount Rushmore with no covenants.

    13859 Melvin Road, Keystone, SD 57744

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    Keystone Acreage Bordering Forest Service
    $446,100
    14.87 Acres
    Keystone Acreage Bordering Forest Service

    14.87 acres near Mount Rushmore with no covenants!

    Old Hill City Road lot: 3, Keystone, SD 57751

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    Keystone Land Bordering Forest Service
    $349,900
    10.30 Acres
    Keystone Land Bordering Forest Service

    10+ acres near Mount Rushmore with no covenants!

    Old Hill City Road lot: 4, Keystone, SD 57751

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    Keystone SD Residential Land
    $499,000
    1.39 Acres
    Keystone SD Residential Land

    1.39 acre residential lot with Mt. Rushmore views.

    Trackers Trail, Keystone, SD 57751

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    Forested Lot with Great Views
    $249,000
    4.30 Acres
    Forested Lot with Great Views

    4.3 acre lot with well, RV spot, and views.

    24409 Milo Lane, Keystone, SD 57751

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    Keystone SD Residential Land
    $189,900
    3.01 Acres
    Keystone SD Residential Land

    3-acre residential lot in the Black Hills foothills.

    TBD Lot 3C Talon Trail, Keystone, SD 57751

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    Keystone Land For Sale
    $674,900
    Keystone Land For Sale

    Commercial land available in Keystone, South Dakota.

    1201A Old Hill City Road, Keystone, SD 57751

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    Keystone SD Homesite with Views
    $170,000
    2.85 Acres
    Keystone SD Homesite with Views

    2.85 acre homesite near Mount Rushmore and Custer State Park.

    13859 Melvin Road, Keystone, SD 57744

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    Land For Sale Keystone
    $446,100
    Land For Sale Keystone

    Land available for sale in Keystone, South Dakota.

    Lot 3 Old Hill City Road, Keystone, SD 57751

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    Residential Land in Lakota Lakes
    $249,000
    1.00 Acre
    Residential Land in Lakota Lakes

    Meadow lot in Lakota Lakes Community near Lakota Lake.

    Tract Campfire Three Meadows Road, Keystone, SD 57751

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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 15 Active listings in Keystone, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Black Hills Land with Views
    $249,000
    6.66 Acres
    Black Hills Land with Views

    6.66 acres bordering US forest service land near Rapid City.

    Cosmos Road, Rapid City, SD 57702

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    Hermosa Acreage with No Covenants
    $399,900
    11.57 Acres
    Hermosa Acreage with No Covenants

    11.57 acres of pasture near Keystone and Hermosa, SD.

    13604 Ghost Canyon Road, Hermosa, SD 57744

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    Black Hills Landmark Property
    $7,000,000
    16,353 SF
    Black Hills Landmark Property

    80+ acres with architecturally designed structures in great condition.

    24100 S. Rockerville Road, Rapid City, SD 57701

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    Land For Sale Hermosa, SD
    $650,000
    20.00 Acres
    Land For Sale Hermosa, SD

    Land available for purchase in Hermosa, South Dakota.

    Haugan Trl, Hermosa, SD

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres
    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879

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    Off-Market Properties in Keystone, SD

    Consider similar Off-Market properties in Keystone, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Rushmore Ranch Rd
    Land
    Value Estimation by Request
    Rushmore Ranch Rd

    0 Rushmore Ranch Rd, Keystone, SD 57751

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    Keystone, SD Land Market Trends and Statistics

    Explore 16 land for sale in Keystone, SD, showcased through 15 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 $6,388,600.

    Sale prices for lots in Keystone, SD start at $170,000, averaging $425,906, and reaching up to $745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Recreation land 5
    Commercial land 3
    Industrial land 1
    Mining land & claims 1

    Demographics Overview

    Population 996
    Population Growth (5Y) -0.4%
    Median Household Income $100,714
    College Educated 68.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Hermosa $170K
    Keystone $489.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.40%
    Property Tax per SF $29.69 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Keystone, SD

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