Major Price Improvement! An exceptional opportunity to own this remarkable property. Call Cher Rhoades Oak & Key Realty 605.639.1158. Set along the banks of Spearfish Creek and surrounded by the natural beauty of Spearfish Canyon, this one-of-a-kind property offers a rare opportunity to own a home truly immersed in the landscape. With the creek bordering three sides, the setting is nothing short of extraordinary… where the sound of flowing water becomes part of everyday life. This thoughtfully designed 3-bedroom, 2-bath home offers 2,174 sq. ft. of comfortable, one-level living. Inside, the expansive living room is anchored by a beautifully bricked fireplace and enhanced by a wet bar creating an inviting space to gather. Large windows frame the surrounding views and fill the home with natural light, seamlessly connecting the indoors with the beauty just beyond. The living space extends effortlessly outdoors to a spacious rear patio, complete with a hot tub… the perfect place to unwind while taking in the views of the creek and surrounding Black Hills. The kitchen and dining area offer both function and flow, while the oversized primary suite features a private bath and walk-in closet. Two additional bedrooms provide space for guests, family, or a home office. this property offers convenience… just minutes from Lead, Deadwood, and Terry Peak Ski Area. Homes like this are rarely available… where nature, setting, and lifestyle come together in a way that feels truly timeless.
For sale
Price cut: $100.9K (6/10)
$624,000
21377 Us Highway 85, Lead, SD 57754
3beds
2,068sqft
Site Built
Built in 1945
0.55 Acres Lot
$590,500 Zestimate®
$302/sqft
$-- HOA
What's special
Beautifully bricked fireplaceCreek bordering three sides
- 84 days |
- 2,623 |
- 113 |
Zillow last checked:
Listing updated:
Listed by:
Cher Rhoades,
Oak & Key Realty, LLC
Source: Mount Rushmore Area AOR,MLS#: 88255
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Description: Vanity in Bedroom
- Level: Main
- Area: 260
- Dimensions: 20 x 13
Bedroom 2
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Bedroom 3
- Level: Main
- Area: 99
- Dimensions: 9 x 11
Dining room
- Description: Walks out to Patio
- Level: Main
- Area: 240
- Dimensions: 16 x 15
Kitchen
- Description: Views
- Level: Main
- Dimensions: 10 x 15
Living room
- Description: Panoramic Views
- Level: Main
- Area: 378
- Dimensions: 18 x 21
Heating
- Propane, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Refrigerator, Electric Range Oven
- Laundry: Main Level
Features
- Wet Bar, Walk-In Closet(s)
- Flooring: Carpet, Vinyl, Laminate
- Windows: Bay Window(s), Wood Frames
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Two
Interior area
- Total structure area: 2,068
- Total interior livable area: 2,068 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Two Car, Detached, RV Access/Parking, Garage Door Opener
- Garage spaces: 2
Features
- Patio & porch: Porch Open, Open Deck
- Has spa: Yes
- Spa features: Above Ground
- Waterfront features: Creek Side
Lot
- Size: 0.55 Acres
- Features: Lawn, Rock, Trees
Details
- Parcel number: 269850000900059
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Site Built
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1945
Community & HOA
Community
- Subdivision: Spearfish Canyon Lots
HOA
- Amenities included: None
- Services included: None
Location
- Region: Lead
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $588,430
- Annual tax amount: $6,176
- Date on market: 4/16/2026
- Listing terms: Cash,New Loan
- Road surface type: Paved, Unimproved
Estimated market value
$590,500
$561,000 - $620,000
$3,907/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $624,000-13.9%$302/sqft |
Source: | ||
| 4/16/2026 | Listed for sale | $724,900-0.3%$351/sqft |
Source: | ||
| 11/25/2023 | Listing removed | -- |
Source: | ||
| 6/29/2023 | Listed for sale | $727,000-3.1%$352/sqft |
Source: | ||
| 4/1/2023 | Listing removed | -- |
Source: | ||
| 11/3/2022 | Price change | $749,900-6.3%$363/sqft |
Source: | ||
| 9/29/2022 | Listed for sale | $799,900$387/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,176 -4% | $588,430 +2.6% |
| 2024 | $6,432 +27.5% | $573,520 +10.3% |
| 2023 | $5,045 +11% | $519,840 +5.9% |
| 2022 | $4,545 -0.3% | $490,720 +34.9% |
| 2021 | $4,558 | $363,780 -4.6% |
| 2020 | $4,558 -4.1% | $381,320 |
| 2019 | $4,755 | $381,320 +0.8% |
| 2018 | $4,755 +1.8% | $378,130 |
| 2017 | $4,671 +0.6% | $378,130 |
| 2016 | $4,644 +3.8% | $378,130 +0.8% |
| 2015 | $4,473 -5% | $375,020 +1.3% |
| 2014 | $4,710 -0.9% | $370,370 +2.2% |
| 2013 | $4,751 | $362,550 -1.8% |
| 2011 | -- | $369,320 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 57754
Nearby schools
GreatSchools rating
- 4/10Lead-Deadwood Elementary - 03Grades: K-5Distance: 8.6 mi
- 7/10Lead-Deadwood Middle School - 02Grades: 6-8Distance: 5.8 mi
- 4/10Lead-Deadwood High School - 01Grades: 9-12Distance: 5.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Dakota
- Lawrence County
- Lead
- 57754
- 21377 Us Highway 85



