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Residential Land in Spearfish, SD
For Sale
$280,000

235 Upper Valley Road, Spearfish, SD 57783

LAND, Spearfish, SD

Property SizeContact for details
Lot Size1.50 Acres
Days on Market105

Property Features for 235 Upper Valley Road

General Information

Property type Land
Property subtype Other
Subdivision Upper Valley
Lot features Part Wooded, Meadow, Prairie, Single Family Residential, Multi- Family Residential, Outside City Limits, Interior Lot, Partially Wooded, Meadow
Elementary school district Spearfish
Middle school district Spearfish
High school district Spearfish
Directions From Old U.S. HWY 14 turn left onto Upper Valley Rd, property is on right side of road.
Standard status Active
Lot size 1.50 Acres

Utilities

Water source Well
Listing Agency: Keller Williams Realty Black Hills SP
Listed By: Becca Ellendorf
Added: May 27 Changed: Sep 6 Last Checked: Sep 8 at 8:06AM
MLS# 88869

Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.5-acre residential land parcel is located in Spearfish, South Dakota. The seller is also considering selling the entire 4-acre parcel. The city of Spearfish is open to annexation. The property has multiple zoning possibilities, allowing for various uses as determined by the buyer. There are no covenants associated with the land. Electric service is available on the lot. The seller is willing to share water and road access with an appropriate offer. Sewer services are provided by the Spearfish Valley Sanitary District.

Key Highlights

  • No covenants, offering freedom in property use.
  • Zoned multiple ways, allowing for diverse development possibilities.
  • Seller will pay to split the parcel once an acceptable offer is in hand.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 57783, SD

16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.5 acre residential land parcel for sale in Spearfish.
Where is this residential land & home lot located?
The property is located at 235 Upper Valley Road Spearfish, SD.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: No covenants, offering freedom in property use.; Zoned multiple ways, allowing for diverse development possibilities.; Seller will pay to split the parcel once an acceptable offer is in hand.
More about this property
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