Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    385 Lot 2 Hwy Hot Springs, SD 57747

    For Sale
    $147,280

    Residential Single Family - Hot Springs, SD

    Type:Single Family Residence
    Lot size:
    5.26 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 385 Lot 2 Hwy

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    Residential
    Lot size
    5.26 Acres

    Building Details

    Architectural style
    Other

    Lewis Realty (605) 673-5885 [email protected]

    Listing agent Faith Lewis (605) 673-5885

    Listing date Sep 24, 2025

    MLS# 82391 Listing URL

    Copyright © 2025 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.

    Overview

    Wind Cave Estates Building Site

    Located just north of the historic city of Hot Springs, South Dakota, in Wind Cave Estates, this 5.26-acre residential building site offers a great place to call home and base your Black Hills adventures from. The area is considered the “Banana Belt” of the Black Hills, known for warmer winters and longer summers. The site is level overall, offering nice views. Rural water is available. Electric and internet through Golden West will be at each lot. Hot Springs, the county seat, features sandstone buildings, hot mineral spring baths, a K12 school, and a new hospital. The location provides direct highway access for extra convenience. Light covenants will be in place to protect your investment. Situated approximately one hour from Rapid City via a straight four-lane highway, this site is intended for residential single-family use. Schedule your tour today.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hot Springs
    County
    Fall River
    State
    South Dakota
    Longitude
    -103.46528895493
    Latitude
    43.482472253304

    Nearby Similar for Sale

    • $199,900
      2,550 SF

      Commercial Building in Historic Hot Springs

      Commercial building in the heart of historic Hot Springs, SD.
      110 S Chicago St, Hot Springs, SD 57747
      View Details
    • $135,000
      1,475 SF

      Downtown Hot Springs Commercial Space

      Commercial space in downtown Hot Springs ready for custom buildout.
      431 River St N, Hot Springs, SD 57747
      View Details
    • $1,250,000

      Hot Springs Multifamily Investment Property

      Section 8 multifamily property in Hot Springs, South Dakota.
      1601 Evanston Ave Ave, Hot Springs, SD 57747
      View Details
    • $950,999
      10,395 SF

      Historic Hot Springs Mixed-Use Building

      Exceptional historic building with retail, residential, and garage spaces.
      401 N River St, Hot Springs, SD 57747
      View Details
    • $275,000
      1,252 SF

      Remodeled Home with RV Garage

      Remodeled 3-bedroom home with spacious yard, RV garage, and hot tub.
      740 Indianapolis Ave, Hot Springs, SD 57747
      View Details
    • $59,000

      Mobile Home in Grandview Park

      Remodeled mobile home with new roof, siding, and appliances.
      408 21St St, Hot Springs, SD 57747
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Generously sized residential building site near Hot Springs, South Dakota.
    Where is this residential land & home lot located?
    The property is located at 385 Lot 2 Hwy Hot Springs, SD.
    What is the asking price?
    The asking price for this property is $147,280.
    What are key features of this property?
    This property features: - Generously sized, level building sites with views.; - Located in the 'Banana Belt' of the Black Hills, offering warmer winters and longer summers.; - Convenient direct highway access.
    (605) 673-5885
    Request Owner's contact information
    385 Lot 2 Hwy Hot Springs, SD 57747
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    385 Lot 2 Hwy
    Hot Springs, SD 57747
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    385 Lot 2 Hwy Hot Springs, SD 57747
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.