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    Keystone, SD Land for Sale

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    Rapid City, SD Hermosa, SD Hill City, SD Custer, SD Fairburn, SD Silver City, SD Black Hawk, SD Summerset, SD
    11 properties
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    Commercial Land with Highway Access
    Updated: May 19
    Commercial Land with Highway Access

    13660 Highway 40, Keystone, SD 57751

    $674,900
    30.12 AC lot
    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
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    Mining-Inspired Land Development Site
    Updated: May 7
    Mining-Inspired Land Development Site

    1201A Old Hill City Road, Keystone, SD 57751

    $674,900
    22.83 AC lot
    22.83‑acre property inside Keystone city limits
    Historically tied to mining with old mining tailings and remnants on site
    Includes existing infrastructure such as old mining roads and the Pacer Plate mine from the 1940s
    Bordered by USFS on two sides
    Long‑range views
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    Platted Residential Land with Elevation Change
    Platted Residential Land with Elevation Change

    13752 Borglum Road, Keystone, SD 57751

    $175,000
    4.42 AC lot

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Keystone Land For Sale
    Keystone Land For Sale

    1201A Old Hill City Road, Keystone, SD 57751

    $674,900

    Commercial land available in Keystone, South Dakota.

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    Keystone Acreage Bordering Forest Service
    Keystone Acreage Bordering Forest Service

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

    $745,000
    25.17 AC lot

    25+ acres near Mount Rushmore with no covenants!

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    Keystone Land with Mountain Views
    Keystone Land with Mountain Views

    13859 Melvin Road, Keystone, SD 57744

    $157,000
    2.85 AC lot

    Secluded homesite near Mount Rushmore with no covenants.

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    Keystone Acreage Bordering Forest Service
    Keystone Acreage Bordering Forest Service

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

    $446,100
    14.87 AC lot

    14.87 acres near Mount Rushmore with no covenants!

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    Land For Sale Keystone
    Land For Sale Keystone

    Lot 3 Old Hill City Road, Keystone, SD 57751

    $446,100

    Land available for sale in Keystone, South Dakota.

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    Keystone Land Bordering Forest Service
    Keystone Land Bordering Forest Service

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

    $349,900
    10.30 AC lot

    10+ acres near Mount Rushmore with no covenants!

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    Keystone SD Residential Land
    Keystone SD Residential Land

    Trackers Trail, Keystone, SD 57751

    $499,000
    1.39 AC lot

    1.39 acre residential lot with Mt. Rushmore views.

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    Residential Land in Lakota Lakes
    Residential Land in Lakota Lakes

    Tract Campfire Three Meadows Road, Keystone, SD 57751

    $249,000
    1.00 AC lot

    Meadow lot in Lakota Lakes Community near Lakota Lake.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 11 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

    Opportunities in Nearby Cities

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

    Residential Land with No Covenants
    Residential Land with No Covenants

    Cosmos Road, Rapid City, SD 57702

    $249,000
    6.66 AC lot

    6.66-acre residential lot with multiple potential building sites and direct access to adjacent U.S. Forest Service land.

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    Hermosa Acreage with No Covenants
    Hermosa Acreage with No Covenants

    13604 Ghost Canyon Road, Hermosa, SD 57744

    $399,900
    11.57 AC lot

    11.57 acres of pasture near Keystone and Hermosa, SD.

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    Agricultural Land Parcel
    Agricultural Land Parcel

    13865 Evans, Rapid City, SD 57702

    $1,610,700

    Agricultural land located at Evans Court and Neck Yoke Road, extending toward Sky Ridge Court at the south end.

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    Residential Land Lot With Utilities
    Residential Land Lot With Utilities

    13729 Canyon Ct, Hermosa, SD 57744

    $189,900

    Private wooded lot with a completed perc test, electricity available, and culvert and driveway.

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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

    0 Rushmore Ranch Rd, Keystone, SD 57751

    Value Estimation by Request
    View details

    Keystone, SD Land Market Trends and Statistics

    Explore 12 land for sale in Keystone, SD, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 4,920,102 square feet of properties for sale, with an estimated market value of $5,091,800.

    Sale prices for lots in Keystone, SD start at $157,000, averaging $462,890, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 6
    Recreation land 5
    Commercial land 2
    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 $157K
    Keystone $465.9K

    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

    • 57751
    • 57744

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