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$1,800,000
515 S Rainbow Road, Spearfish, SOUTH DAKOTA 57783
3 Beds
0 Baths
n/a sqft

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Property presented by Ashley S. Goodrich, SRS with RE/MAX In The Hills (605) 645-2479. What an incredible opportunity in Spearfish, South Dakota. This is approximately 80 +/- pristine acres just minutes from Downtown Spearfish. This prime acreage is evenly split and divided by Rainbow Road which provides beautiful and easy access to the west parcel of land. There are income producing properties on the land that includes a site build home built in 1920 (3 bedroom/ 1 bathroom/ 1,170 sq. ft.) that is fantastic shape. The land improvements include: Electricity, city water, fiber optic cable and telephone lines that are located along Colorado Blvd and at the home site. Livestock water is provided by a well and the perimeter of the property is fenced. There is a city water pumphouse at the Northwest corner of the property. The northwest portion of the property is annexed into the city limits. There is approximately 79.68+/- deeded acres and the land is all one contiguous tract. The front approximate 40 acres is annexed into the Spearfish City Limits and is valued at $22,000 per acre and the back approximate 40 acres is AG and is priced at $13,000 per acre.
  • Price:
  • $1,800,000
  • Bedrooms:
  • 3
  • Listing ID #:
  • 70701
  • Street Address:
  • 515 S Rainbow Road
  • City:
  • Spearfish
  • Postal Code:
  • 57783
  • County:
  • Lawrence
  • Community:
  • Spearfish
  • Listing Status:
  • Active
  • Listing Type:
  • Farm & Ranch
  • Complex/Building Access:
  • Public Access
  • Land Improvements:
  • Fenced Perimeter, Equipment Building, Livestock Building, Metal Building, Shed, Shop, Trees, Shelter Belts
  • Lot Description:
  • Pasture, Farm Land, Crp Acreage
  • Road Surface:
  • Gravel, Dirt/Clay
  • Topography:
  • Level, Rolling, Sloping
  • For Sale Or Lease?:
  • For Sale
  • Price Per Acre:
  • 17500
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Ashley Goodrich of RE/MAX In The Hills