Spearfish, SD Residential Land & Home Lots for Sale

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Lead, SD Belle Fourche, SD Whitewood, SD

84 listings

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$850,000

9.87 Acres

Multifamily and Light Industrial Land

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

Zoned for multiple residential and commercial uses, the 9.87-acre parcel includes two wells and is eligible for subdivision.

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

Updated: May 19

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Spearfish Residential Development Opportunity

$1,600,000

15.88 Acres

Spearfish Residential Development Opportunity

Green Spot Lane, Spearfish, SD 57783

Approved residential development property ready for construction in Spearfish, SD.

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.

Updated: May 23

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$195,000

2.49 Acres

Mountain View Residential Land Tract

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

Tract 11C Lookout Vista Road, Spearfish, SD 57783

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Residential Building Lot in Frawley Ranch

$240,000

2.22 Acres

Residential Building Lot in Frawley Ranch

A 2.22-acre building site in Frawley Ranch Estates on a paved road with utilities available at the lot line.

Valley View Circle lot: 67, Spearfish, SD 57783

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$111,000

1.26 Acres

Spearfish Residential Land with Views

1.26 acre residential lot with city utilities access.

TBD Lot 7B Tinton Road, Spearfish, SD 57783

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$195,000

4.39 Acres

Mountain View Residential Land

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

Tract 12C Lookout Vista Road, Spearfish, SD 57783

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$195,000

4.12 Acres

Mountain View Home Lot

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

Tract 12B Lookout Vista Road, Spearfish, SD 57783

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$224,000

2.01 Acres

Residential Land Lot in Estates

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

Valley View Circle lot: 55, Spearfish, SD 57783

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$150,000

7.54 Acres

Forested Residential Building Lot

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

Aster Road, Spearfish, SD 57783

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$280,000

1.50 Acres

Residential Land in Spearfish, SD

1.5 acre residential land parcel for sale in Spearfish.

235 Upper Valley Road, Spearfish, SD 57783

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$299,000

2.26 Acres

Premier Homesite in The Woodlands

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

1135 Woodland Drive, Spearfish, SD 57783

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$575,000

2.68 Acres

Spearfish Land on Golf Course

2.68 acre parcel on Elkhorn Ridge Golf Estates.

Duke Parkway lot: 1, Spearfish, SD 57783

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$270,000

9.86 Acres

Land Near Black Hills Forest

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

25 Pasque Loop, Spearfish, SD 57783

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$165,000

0.37 Acres

Residential Land in Elkhorn Ridge

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

TBD Lot 15 Duke Parkway, Spearfish, SD 57783

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$250,000

4.58 Acres

Residential Land in Timbers Subdivision

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

10636 Finch Court, Spearfish, SD 57783

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$419,000

6.45 Acres

Spearfish Land with Crow Peak View

6.45 acre residential land with stunning Crow Peak views.

Lookout Vista Road, Spearfish, SD 57783

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$160,000

3.46 Acres

Residential Buildable Land Lot

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

Centennial Vista Avenue lot: 13, Spearfish, SD 57783

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$349,900

4.71 Acres

Wooded Land with Overlook Views

4.71 acres of wooded land near Spearfish, South Dakota.

253 Pine Cone Avenue, Spearfish, SD 57783

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$144,900

2.85 Acres

Corner Lot in Timbers Subdivision

Residential corner lot with utilities available at the lot line in the Timbers subdivision near Spearfish.

Tanager Court lot: 5, Blk 5, Spearfish, SD 57783

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$275,000

2.77 Acres

Residential Lot with Canyon Views

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

TBD Lot 136 Lone Elk Road, Spearfish, SD 57783

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$265,000

2.00 Acres

Spearfish Residential Lot with Views

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

TBD Lot 140 Lone Elk Road, Spearfish, SD 57783

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$204,000

3.05 Acres

Residential Lot in Cedar Berry

3-acre residential lot in a secluded Spearfish neighborhood.

Cedar Berry Drive lot: 6 Block 1, Spearfish, SD 57783

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$170,000

0.56 Acres

Residential View Lot in Spearfish

Residential lot with mountain and Black Hills views in Spearfish.

722 Buttercup Court, Spearfish, SD 57783

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$194,000

2.01 Acres

Spearfish Land with Panoramic Views

Two-acre lot with stunning views near downtown Spearfish, SD.

2667 Carmelo Court, Spearfish, SD 57783

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

Explore 84 residential land & home lots for sale in Spearfish, SD, showcased through 84 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 $20,045,500.

Sale prices for home sites in Spearfish, SD start at $75,000, averaging $238,636, and reaching up to $1,600,000 — 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

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	$233K

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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