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    Tbd Mystic Rd Hill City, SD 57745

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    For Sale
    $500,000

    20-acre Black Hills property surrounded by U.S. Forest Service land.

    Lot size:
    20.06 Acres

    Property Features for Tbd Mystic Rd

    General Information

    Lot size
    20.06 Acres

    Source: COLDWELL BANKER BLACK HILLS LEGACY Agent COLDWELL BANKER BLACK HILLS LEGACY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Black Hills Land Parcel

    This 20-acre property in the Black Hills is bordered on all sides by U.S. Forest Service land. Access is provided by Forest Service Road 328. The property features views in all directions. Historically, the property contains two reported old gold mines, a shed, and an old dynamite shack. A trail leads to a large historic mining shaft near the top of the ridge. Multiple building site options are available. There are no covenants, and a power easement is already in place. The property is suitable for a weekend getaway, dry cabin, hunting base, camping, or recreational retreat. Water may be achievable from the Madison aquifer at an estimated depth of around 1100 feet. The approximate elevation is 5,800 ft. ATV access to Castle Creek Campground is nearby. The property offers privacy and mining history.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Hill City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.745
    Latitude
    43.9317

    Nearby Similar for Sale

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    • $1,250,000
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    FAQs

    What type of property is this?
    Land - 20-acre Black Hills property surrounded by U.S. Forest Service land.
    Where is this land located?
    The property is located at Tbd Mystic Rd Hill City, SD.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 20 acres of private land surrounded by U.S. Forest Service land, ensuring privacy.; - Multiple building site options with no covenants and a power easement.; - Historic property featuring two reported old gold mines and mining relics.
    Request Owner's contact information
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    Hill City, SD 57745
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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

    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
    Tbd Mystic Rd Hill City, SD 57745
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