For sale by owner

$350,000

4941 Sheridan Lake Rd, Rapid City, SD 57702

4beds

2,286sqft

$2,334/mo

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SingleFamily

Built in 1962

0.77 Acres Lot

$388,200 Zestimate^®

$153/sqft

$-- HOA

What's special

Utility room with workbenchLarge west side lotSurrounded by treesInviting viewsLower level family room

Spacious, secluded property, nestled on a .77 acre lot. This stunning home offers a balance of privacy, space, and convenience. Minutes from schools, parks, shopping, and outdoor recreation-yet surrounded by trees. 4 bedrooms, including a spacious master suite with bath and walk-in closet; 3 bathrooms. Relax by the cozy fireplace in the living area with inviting views. Bright sunroom to relax and enjoy year-round. Lower level family room, office, and utility room with workbench. Large two-car garage with ample storage. Come see this one-of-a-kind property on a large west side lot!!

1 day
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Heating

Forced air, Gas

Cooling

Central, Other

Appliances

Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer

Features

Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
Basement: Partially finished
Has fireplace: Yes

Interior area

Total interior livable area: 2,286 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Attached

Features

Exterior features: Composition

Lot

Size: 0.77 Acres

Details

Parcel number: 3721228005

Construction

Type & style

Home type: SingleFamily

Materials

Roof: Metal

Condition

New construction: No
Year built: 1962

Community & HOA

Location

Region: Rapid City

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $249,400
Annual tax amount: $3,031
Date on market: 11/10/2026

Estimated market value

$388,200

$369,000 - $408,000

$2,324/mo

Price history

Date	Event	Price
11/10/2026	Listed for sale	$350,000-10.3%$153/sqft
Source: Owner Report a problem
9/8/2026	Listing removed	$390,000$171/sqft
Source: Black Hills AOR #179833 Report a problem
7/27/2026	Price change	$390,000-11.4%$171/sqft
Source: Mount Rushmore Area AOR #89348 Report a problem
7/4/2026	Listed for sale	$440,000+3.5%$192/sqft
Source: Mount Rushmore Area AOR #89348 Report a problem
5/14/2026	Listing removed	$425,000$186/sqft
Source: Black Hills AOR #175609 Report a problem
3/25/2026	Price change	$425,000-2.3%$186/sqft
Source: Mount Rushmore Area AOR #85990 Report a problem
1/8/2026	Price change	$435,000-1.6%$190/sqft
Source: Black Hills AOR #175609 Report a problem
9/9/2025	Listed for sale	$442,000$193/sqft
Source: Mount Rushmore Area AOR #85990 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,031 +5.5%	$249,400 -8.8%
2024	$2,872 +13.9%	$273,500
2023	$2,521 -2.7%	--
2022	$2,590	$205,400 +7.5%
2021	--	$191,100 +10%
2020	$2,430 -34.4%	$173,700 -32.8%
2019	$3,704 +2.2%	$258,400 +2.6%
2018	$3,624 +8.2%	$251,900 +5.7%
2017	$3,349	$238,300 +23.4%
2016	$3,349 +11.9%	$193,100 -2.3%
2015	$2,993	$197,600 +2.1%
2014	$2,993	$193,600 +19.7%
2012	--	$161,800