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    Lot 3 Hwy 385 Hot Springs, SD 57747

    Sponsored
    For Sale
    $115,000

    Residential Single Family - Hot Springs, SD

    Type:Single Family Residence
    Lot size:
    4.09 Acres
    Days on Market:
    106
    Last Refresh:
    Jan 7 at 8:06 am

    Property Features for Lot 3 Hwy 385

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    4.09 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# 82392 Listing URL

    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.

    Overview

    Hot Springs Building Site Available

    Located north of the historic city of Hot Springs, South Dakota, this 4.09-acre building site is situated in Wind Cave Estates. Hot Springs, the county seat, features sandstone buildings, hot mineral spring baths, a K12 school, and a new hospital. The area is known as the 'Banana Belt' of the Black Hills, characterized by warmer winters and longer summers. The site offers direct highway access and is approximately one hour from Rapid City via a straight four-lane highway. The property is level and provides views. Rural water is available, and electric and internet services will be provided by Golden West at each lot. Light covenants are in place to protect investments. This location is suitable for residential use and offers a base for Black Hills adventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hot Springs
    County
    Fall River
    State
    South Dakota
    Longitude
    -103.46477397079
    Latitude
    43.482425545197

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    FAQs

    What type of property is this?
    Residential land & home lot - Generously sized building site near Hot Springs, South Dakota.
    Where is this residential land & home lot located?
    The property is located at Lot 3 Hwy 385 Hot Springs, SD.
    What is the asking price?
    The asking price for this property is $115,000.
    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) 863-0725
    Request Owner's contact information
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    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

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    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
    Lot 3 Hwy 385 Hot Springs, SD 57747
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