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For sale
    • Price increase: $99 (7/22)
    $1,999,900

    20723 Morning Star Rd, Lead, SD 57754

    5beds
    3,542sqft
    : 
    $12,050/mo
    Get pre-qualified
    Site Built
    Built in 2012
    4.2 Acres Lot
    $1,863,300 Zestimate®
    $565/sqft
    $-- HOA

    What's special

    Apple orchardThree ambient fireplaces throughoutCustom barnwood accent wallsCustom wet barExceptional craftsmanshipPrivate roadLuxury walkout entertainment level
    Nestled on 4.2 private, wooded acres in the sought-after Paradise Acres subdivision, 20723 Morning Star Road offers the perfect blend of luxury, privacy, and Black Hills beauty. Tucked away on a well-maintained private road and surrounded by towering pines, this custom-built mountain retreat even features its own charming apple orchard. Offering more than 3,500 square feet of thoughtfully designed living space, this exceptional home features 4 bedrooms, 3.5 bathrooms, and a heated attached garage. Rich craftsmanship shines throughout with stunning blue pine live-edge ceilings, beautiful wood finishes, and three fireplaces that create warmth and character. The spacious main level offers a private primary suite, dedicated office, and convenient powder bath. The walkout lower level is designed for entertaining with a large family room, custom wet bar, and direct access to the covered patio. Located just minutes from Terry Peak Ski Area, Spearfish Canyon, and historic Deadwood, this remarkable property offers the perfect balance of seclusion and convenience with year-round access to skiing, hiking, snowmobiling, and endless outdoor recreation. Whether you're searching for a luxury primary residence, vacation getaway, or legacy property, this one-of-a-kind Black Hills retreat is ready to be enjoyed for generations to come.
    121 days
    |
    395
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rudi McDaniels,

    Oak & Key Realty, LLC,

    Cher Rhoades,

    Oak & Key Realty, LLC

    Source: Mount Rushmore Area AOR,MLS#: 88018MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 252
      • Dimensions: 18 x 14
      Bedroom 2
      • Level: Lower
      • Area: 154
      • Dimensions: 14 x 11
      Bedroom 3
      • Level: Lower
      • Area: 176
      • Dimensions: 16 x 11
      Bedroom 4
      • Level: Lower
      • Area: 182
      • Dimensions: 14 x 13
      Dining room
      • Level: Main
      • Area: 182
      • Dimensions: 14 x 13
      Kitchen
      • Level: Main
      • Dimensions: 11 x 17
      Living room
      • Level: Main
      • Area: 575
      • Dimensions: 23 x 25
      Heating
      • Natural Gas, Forced Air, Fireplace(s)
      Cooling
      • Refrig. C/Air
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator, Gas Range Oven, Microwave, Trash Compactor, Washer, Dryer, Water Softener Owned
      • Laundry: Main Level, Lower Level
      Features
      • Wet Bar, Vaulted Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Mud Room, Den/Study
      • Flooring: Carpet, Wood, Tile
      • Windows: Window Coverings
      • Basement: Full,Walk-Out Access,Finished
      • Number of fireplaces: 3
      • Fireplace features: Three, Gas Log, Living Room
      • Furnished: Yes
      Interior area
      • Total structure area: 3,542
      • Total interior livable area: 3,542 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Two Car, Attached, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch Covered, Covered Patio, Covered Deck
      • Exterior features: Sprinkler System, Lighting, Storage
      • Has spa: Yes
      • Spa features: Community, Above Ground, Private, Bath
      • Fencing: Garden Area
      • Has view: Yes
      Lot
      • Size: 4.2 Acres
      • Features: Few Trees, Lawn, Trees, View
      Details
      • Additional structures: Shed(s), Greenhouse
      • Parcel number: 266830167847000
      • Zoning description: Lawrence County Zoning: Rural Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Site Built
      Materials
      • Log
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2012

      Community & HOA

      Community
      • Security: Smoke Detector(s), Fire Sprinkler System, Fire Alarm
      • Subdivision: Paradise Acres
      HOA
      • Services included: Insurance, Electricity
      Location
      • Region: Lead

      Financial & listing details

      • Price per square foot: $565/sqft
      • Tax assessed value: $843,960
      • Annual tax amount: $5,799
      • Date on market: 4/3/2026
      • Road surface type: Unimproved

        Estimated market value

        $1,863,300

        $1.77M - $1.96M

        $5,815/mo

        Price history

        DateEventPrice
        7/22/2026Price change$1,999,999+0%$565/sqft
        Source: Black Hills AOR #178249 Report a problem
        7/21/2026Price change$1,999,900-9.1%$565/sqft
        Source: Mount Rushmore Area AOR #88018 Report a problem
        4/3/2026Listed for sale$2,199,999$621/sqft
        Source: Black Hills AOR #178249 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,799 +5.3%$843,960 +7.3%
        2024$5,505 +5.7%$786,580 +20.6%
        2023$5,208 +0.7%$652,400 +17.1%
        2022$5,170 -1.5%$557,060 +21.9%
        2021$5,248 $456,870 -5.6%
        2020$5,248 -4.1%$483,900
        2019$5,471 $483,900 +1.5%
        2018$5,471 +9.7%$476,690 +7.8%
        2017$4,988 +0.4%$442,320
        2016$4,968 +2%$442,320 -1%
        2015$4,870 -5.6%$446,910 +1%
        2014$5,160 -0.9%$442,420 +1.7%
        2013$5,209 $434,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 57754

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lead/Deadwood

        Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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