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    Rapid City, MI Residential Land & Home Lots for Sale

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    Alden, MI Williamsburg, MI Elk Rapids, MI
    6 results
    Land Near Torch and Elk Lake
    $159,900
    7.51 Acres

    Land Near Torch and Elk Lake

    B-4 Stallman, Rapid City, MI 49676

    7.5-acre estate parcel near Torch and Elk Lake.

    • 7.5‑acre estate parcel between Torch Lake and Elk Lake
    • Located in the desirable Rapid City area, near Elk Rapids
    • Opportunity to create a private luxury retreat
    • Close proximity to boating, fine dining, and boutique shopping
    • Electricity available and nearby
    Updated: Mar 19
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    7.5 Acres Between Two Lakes
    $139,900
    7.51 Acres

    7.5 Acres Between Two Lakes

    B-3 Stallman, Rapid City, MI 49676

    7.5-acre estate parcel near Torch and Elk Lakes.

    • 7.5‑acre estate parcel between Torch Lake and Elk Lake.
    • Located in the sought‑after Rapid City area, near Elk Rapids.
    • Opportunity to create a private luxury retreat.
    • Close to boating, fine dining, and boutique shopping.
    • Electricity available and nearby.
    Updated: Mar 19
    View details
    Vacant Land in Rapid City
    $34,000
    0.61 Acres

    Vacant Land in Rapid City

    Ready to build parcel near Torch Lake and Traverse City.

    V/L NW Wilhelm Road, Rapid City, MI 49676
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    Land Parcel with Water Views
    $55,000
    5.99 Acres

    Land Parcel with Water Views

    6-acre parcel with water views near Skegemog Lake.

    Parcel F Retreats Way, Rapid City, MI 49676
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    Torch River Access Building Site
    $109,000
    1.43 Acres

    Torch River Access Building Site

    Acre-plus lot near Torch River and Torch Lake.

    Parcel D Aarwood Trail, Rapid City, MI 49676
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    Skegemog Lake View Acreage
    $299,000
    20.95 Acres

    Skegemog Lake View Acreage

    21-acre parcel with unobstructed Skegemog Lake views.

    Parcel K Retreats Way, Rapid City, MI 49676
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Rapid City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    10 Acres in Acme Township
    $140,000
    10.00 Acres

    10 Acres in Acme Township

    Secluded 10-acre wooded property near Traverse City.

    00 Bunker Hill Road, Williamsburg, MI 49690
    View details
    Wooded Land with Creek Frontage
    $115,000
    6.06 Acres

    Wooded Land with Creek Frontage

    Stunning 6.06 acre wooded parcel with Battle Creek frontage.

    0 Latham Court, Williamsburg, MI 49690
    View details
    Residential Land in Alden Meadows
    $85,900
    2.12 Acres

    Residential Land in Alden Meadows

    Acreage parcel near Torch Lake access in Alden, Michigan.

    Lot 34 Alden Meadows, Alden, MI 49612
    View details
    Acreage Parcel in Alden Meadows
    $85,900
    2.22 Acres

    Acreage Parcel in Alden Meadows

    Vacant land near Torch Lake access and Spencer Creek.

    Lot 38 Alden Meadows, Alden, MI 49612
    View details

    Rapid City, MI Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 6 residential land & home lots for sale in Rapid City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $796,800.

    Sale prices for home sites in Rapid City, MI start at $34,000, averaging $132,800, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Residential land & home lots 7
    Recreation land 5
    Waterfront Land 2

    Demographics Overview

    Population 3,689
    Population Growth (5Y) +4.1%
    Median Household Income $67,479
    College Educated 43.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49676 $149.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $16.63 per sq ft
    Average Loan-to-Value 65.0%

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