Framed by sweeping Terry Peak views and the beauty of the Black Hills, this stunning 4,864 sq. ft. estate redefines mountain luxury on 3.49 private acres. For Exclusive Tour Contact Cher Rhoades Oak & Key Realty 605.639.1158 Built with quality in mind and designed for both everyday living and elevated entertaining, the zero-entry layout welcomes you with soaring ceilings, expansive upgraded windows, and rich hardwood flooring throughout the main level. Natural light fills the home, highlighting the open living spaces and seamless connection to the surrounding landscape. The kitchen was designed to impress… featuring premium appliances, striking Quartz surfaces, a waterfall-edge island, and an oversized walk-in pantry that enhances both function and style. Just beyond, a spacious covered deck extends your living space outdoors perfect for taking in the views year-round. Two main-level suites provide comfort and privacy, each complete with spa-inspired baths, heated tile flooring, and generous walk-in closets. One of the primary suites is further elevated with a luxurious steam shower, creating a true retreat experience. Multiple gathering areas, each with its own fireplace, offer flexibility for relaxing or hosting. The walkout lower level continues the experience with 10-foot ceilings, a well-appointed wet bar, and direct access to a covered patio with stamped and stained concrete. A third private suite on this level offers an ideal setup for guests or extended living. Additional features include a 1,062 sq. ft. three-car garage with in-floor heat, heated driveway apron, EV-ready wiring, heated walkways and entry points, and a robust 500 amp electrical system with dedicated RV hookup. The home is also generator-ready, equipped with a humidification system, and includes a multi-camera security setup. A rare offering that delivers privacy, craftsmanship, and an elevated lifestyle in one of the Black Hills’ most stunning settings.
For sale
Price cut: $50K (7/2)
$1,899,900
11246 Paradise Gulch Loop, Lead, SD 57754
5beds
4,864sqft
Single Family Residence
Built in 2026
3.49 Acres Lot
$1,816,300 Zestimate®
$391/sqft
$-- HOA
What's special
Well-appointed wet barMultiple gathering areasOversized walk-in pantryLuxurious steam showerHeated driveway apronHeated tile flooringExpansive upgraded windows
- 171 days
- 752
- 41
Zillow last checked:
Listing updated:
Listed by:
CHER RHOADES 605-593-5658,
OAK & KEY REALTY, LLC
Source: Black Hills AOR,MLS#: 178389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bathroom
- Features: Shower Only, Tub Only
Dining room
- Features: Combination, Formal
Heating
- Forced Air
Appliances
- Laundry: Main Level
Features
- Flooring: Carpet, Tile, Hardwood
- Basement: Walk-Out Access
- Number of fireplaces: 2
Interior area
- Total structure area: 4,864
- Total interior livable area: 4,864 sqft
Property
Parking
- Total spaces: 3
- Parking features: Three Car, Attached, Heated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Size(28.7x35.3), Driveway Exposure(North)
Features
- Fencing: None
- Has view: Yes
- View description: Hills, Trees/Woods, Meadow
Lot
- Size: 3.49 Acres
- Features: Rolling Slope, Interior Lot
Details
- Parcel number: 266860167813100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Composition
Condition
- Completed
- Year built: 2026
Community & HOA
Community
- Subdivision: Paradise Acres
HOA
- Has HOA: Yes
- Amenities included: None
- Services included: None
Location
- Region: Lead
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $1,236,670
- Annual tax amount: $1,599
- Date on market: 4/11/2026
Estimated market value
$1,816,300
$1.73M - $1.91M
$8,824/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $1,899,900-2.6%$391/sqft |
Source: | ||
| 6/18/2026 | Price change | $1,949,900-2.5%$401/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $1,999,900-9.1%$411/sqft |
Source: | ||
| 4/5/2026 | Listing removed | $2,199,000$452/sqft |
Source: | ||
| 9/16/2024 | Listed for sale | $2,199,000$452/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,599 | $1,236,670 +638.4% |
| 2025 | -- | $167,470 |
Find assessor info on the county website
Monthly payment
Est. payment








