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    Spearfish, SD Residential Land & Home Lots for Sale

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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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    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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    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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    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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    Acreage Lot with Utilities
    Acreage Lot with Utilities

    lot 30 CENTENNIAL VISTA AVE, Spearfish, SD 57783

    $271,000
    9.10 AC lot

    Tree-lined acreage lot with a ready building site, association water available, and electric already to the lot.

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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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    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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    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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    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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    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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    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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    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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    Premier Homesite in The Woodlands
    Premier Homesite in The Woodlands

    1135 Woodland Drive, Spearfish, SD 57783

    $299,000
    2.26 AC lot

    Rare opportunity to build a legacy home in Spearfish, SD.

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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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    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 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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    Residential Lot with Canyon Views
    Residential Lot with Canyon Views

    TBD Lot 136 Lone Elk Road, Spearfish, SD 57783

    $245,000
    2.77 AC lot

    2.77-acre residential lot near Spearfish Canyon with paved access.

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    Spearfish Residential Lot with Views
    Spearfish Residential Lot with Views

    TBD Lot 140 Lone Elk Road, Spearfish, SD 57783

    $235,000
    2.00 AC lot

    2-acre residential lot with views near Spearfish and Spearfish Canyon.

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    Tree-Lined Residential Building Lot
    Tree-Lined Residential Building Lot

    Centennial Vista Avenue lot: 30, Spearfish, SD 57783

    $259,000
    9.10 AC lot

    Build-ready 9.1-acre lot with electric at the lot and association water available.

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    Residential View Lot in Spearfish
    Residential View Lot in Spearfish

    722 Buttercup Court, Spearfish, SD 57783

    $170,000
    0.56 AC lot

    Residential lot with mountain and Black Hills views in Spearfish.

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    Residential View Lot in Spearfish
    Residential View Lot in Spearfish

    708 Gooseberry Road, Spearfish, SD 57783

    $170,000
    0.57 AC lot

    Residential lot with views of Lookout Mountain and the Black Hills.

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    Residential View Lot in Spearfish
    Residential View Lot in Spearfish

    717 Gooseberry Road, Spearfish, SD 57783

    $170,000
    0.54 AC lot

    Residential lot with views of Lookout Mountain and Black Hills.

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

    Explore 89 residential land & home lots for sale in Spearfish, SD, showcased through 89 active listings on our real estate platform. These investment opportunities span a total of 8,687,606 square feet of properties for sale, with an estimated market value of $19,323,800.

    Sale prices for home sites in Spearfish, SD start at $74,000, averaging $217,121, 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 83
    Commercial land 5
    Agricultural land / Farmland 2
    Industrial land 2
    Hunting 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 $217.1K

    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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