Residential

Spearfish, SD Residential Land & Home Lots for Sale

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Hot Springs, SD Lead, SD Belle Fourche, SD Whitewood, SD Deadwood, SD Sturgis, SD Central City, SD Beulah, WY
110 properties
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Zoned Development Land with Wells
Updated: May 19
Zoned Development Land with Wells

Windmill Drive lot: 2R-1, Spearfish, SD 57783

$800,000
9.87 AC lot
Development property zoned for 1 & 2 Family Residential, Multi‑Family Residential, Office Commercial, Light Industrial, and Planned Unit Development
Located just off I‑90 Exit 14
Two wells on the property
Seller is willing to subdivide the property for smaller lots
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Spearfish Residential Development Opportunity
Updated: May 23
Spearfish Residential Development Opportunity

Green Spot Lane, Spearfish, SD 57783

$1,395,000
15.88 AC lot
Approved for 44 Single‑Family Residential Lots: Ready for immediate infrastructure construction.
Infrastructure Ready: Benefit from three‑phase power, gas, water, and sewer already on‑site.
Significant Storm Drain Capacity: Eliminates the need for detention ponds.
Multi‑Family Zoning: Offers flexibility for townhomes and single‑family homes.
Easy Construction Site: The terrain is conducive to straightforward construction.
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Mountain View Residential Land Tract
Mountain View Residential Land Tract

Tract 11C Lookout Vista Road, Spearfish, SD 57783

$195,000
2.49 AC lot

Residential land tract with electricity in place and a developer-installed central water system in progress.

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Golf Course View Development Land
Golf Course View Development Land

Lot G9r Drake Court, Spearfish, SD 57783

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17.25 AC lot

17.25-acre land parcel with views of golf course holes 4 and 5 and access to city water and utilities.

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Mountain View Residential Land
Mountain View Residential Land

Tract 12C Lookout Vista Road, Spearfish, SD 57783

$195,000
4.39 AC lot

Build on spacious residential lots with electricity already available and central water installation in progress.

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Mountain View Home Lot
Mountain View Home Lot

Tract 12B Lookout Vista Road, Spearfish, SD 57783

$195,000
4.12 AC lot

Residential land with electricity and planned central water, offering open-space adjacency for a mountain-living setting near Spearfish.

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Residential Land Lot in Estates
Residential Land Lot in Estates

Valley View Circle lot: 55, Spearfish, SD 57783

$224,000
2.01 AC lot

A 2.01-acre lot with paved road access and expansive Black Hills views in a Spearfish-area community.

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Vacant Land / Lots
Vacant Land / Lots

Tract 10B Lookout Vista Road, Spearfish, SD 57783

$199,900

Residential land & home lots

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Spearfish Residential Land with Views
Spearfish Residential Land with Views

TBD Lot 7B Tinton Road, Spearfish, SD 57783

$111,000
1.26 AC lot

1.26 acre residential lot with city utilities access.

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Forested Residential Building Lot
Forested Residential Building Lot

Aster Road, Spearfish, SD 57783

$150,000
7.54 AC lot

A 7.54-acre wooded homesite with distant peak views and nearby recreation opportunities in the Aspen Hills Development.

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Vacant Land / Lots
Vacant Land / Lots

2553 Top Shelf Avenue, Spearfish, SD 57783

$300,000

Residential land & home lots

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Residential Land in Elkhorn Ridge
Residential Land in Elkhorn Ridge

TBD Lot 15 Duke Parkway, Spearfish, SD 57783

$165,000
0.37 AC lot

0.37 acre lot suitable for townhome or multi-family development.

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Spearfish Land on Golf Course
Spearfish Land on Golf Course

Duke Parkway lot: 1, Spearfish, SD 57783

$575,000
2.68 AC lot

2.68 acre parcel on Elkhorn Ridge Golf Estates.

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Land
Land

Tract 10A Lookout Vista Road, Spearfish, SD 57783

$199,900

Residential land & home lots

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Residential Land in Timbers Subdivision
Residential Land in Timbers Subdivision

10636 Finch Court, Spearfish, SD 57783

$250,000
4.58 AC lot

4.58-acre lot with views and mature trees in Spearfish.

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Residential Land in Spearfish, SD
Residential Land in Spearfish, SD

235 Upper Valley Road, Spearfish, SD 57783

$280,000
1.50 AC lot

1.5 acre residential land parcel for sale in Spearfish.

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Vacant Land
Vacant Land

Lot 3a Wolf Drive, Spearfish, SD 57783

$180,000

Residential land & home lots

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Spearfish Land with Crow Peak View
Spearfish Land with Crow Peak View

Lookout Vista Road, Spearfish, SD 57783

$389,900
6.45 AC lot

6.45 acre residential land with stunning Crow Peak views.

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Vacant Land
Vacant Land

Lot 12a Woodland Drive, Spearfish, SD 57783

$339,900

Residential land & home lots

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Land Near Black Hills Forest
Land Near Black Hills Forest

25 Pasque Loop, Spearfish, SD 57783

$270,000
9.86 AC lot

9.86+/- acre lot bordering Black Hills National Forest.

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Residential Home Lot on Corner
Residential Home Lot on Corner

717 Gooseberry Road, Spearfish, SD 57783

$170,000

Residential home lot located at the NE corner of an intersection, providing a straightforward building site for a new home.

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Residential Buildable Land Lot
Residential Buildable Land Lot

Centennial Vista Avenue lot: 13, Spearfish, SD 57783

$160,000
3.46 AC lot

Build your home on a 3.46-acre lot in Centennial Vista Subdivision with room to spread out.

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Vacant Land
Vacant Land

Lot 12c Woodland Drive, Spearfish, SD 57783

$364,900

Residential land & home lots

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Wooded Land with Overlook Views
Wooded Land with Overlook Views

253 Pine Cone Avenue, Spearfish, SD 57783

$324,900
4.71 AC lot

4.71 acres of wooded land near Spearfish, South Dakota.

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Spearfish, SD Residential Land & Home Lots Market Trends and Statistics

Explore 110 residential land & home lots for sale in Spearfish, SD, showcased through 110 active listings on our real estate platform. These investment opportunities span a total of 8,318,218 square feet of properties for sale, with an estimated market value of $22,903,800.

Sale prices for home sites in Spearfish, SD start at $74,000, averaging $216,073, and reaching up to $1,395,000 — 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

Commercial property segments ranked by active listings on the market

Residential land & home lots 101
Commercial land 16
Agricultural land / Farmland 5
Industrial land 1

Demographics Overview

Population 18K
Population Growth (5Y) +9.0%
Median Household Income $64,970
College Educated 47.6%

High-Yield Neighborhoods for Investment

Identify Spearfish submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57783 $215.4K

Taxes & Financing

Tax Rate (average for all types) 1.58%
Property Tax per SF $27.33 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

Total CRE Inventory on Market (SF)

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