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    OFF-MARKET
    Land

    11262 Overlook Pass, Lead, SD 57754

    0.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This stunning, custom-built home in the Powderhouse Pass Development, Lead, South Dakota, offers an unparalleled blend of luxury and adventure. The meticulously crafted 0.5-acre property boasts low-maintenance landscaping, an expansive driveway, and a heated two-car garage. Inside, a grand great room features a majestic two-story fireplace and floor-to-ceiling windows showcasing breathtaking Black Hills views. The spacious kitchen, complete with a 14-foot island and top-of-the-line appliances, is perfect for entertaining. The main floor includes a half bath, laundry area, a king suite with an attached bath, and another king bedroom with two full-size bunks and an attached bath. The lower level offers a living area, a second laundry room with a workout area, multiple bedrooms with various sleeping arrangements, and a bathroom. Outdoor amenities are abundant, including a hot tub, natural gas fire pit, yard games, a covered patio with BBQ grills and ample seating, and access to community pools. This fully furnished property comes with existing bookings, ensuring immediate income generation. The property's prime location provides easy access to nearby skiing, golfing, the Mickelson Trail, snowmobiling, ATV trails, and more. The Powderhouse Pass community clubhouse offers additional amenities including a game room, community kitchen, and a year-round heated outdoor pool. This is a unique opportunity to own a luxurious mountain getaway with significant income potential. Asking price: $2,185,000.

    Property profile
    Verified
    Property type Land
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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