For sale

Price cut: $5.5K (7/8)

$524,500

700 N Valley Dr, Rapid City, SD 57701

5beds

2,418sqft

$3,357/mo

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Site Built

Built in 2026

6,969 Square Feet Lot

$522,300 Zestimate^®

$217/sqft

$-- HOA

What's special

Spacious homeGranite countertopsUnder-cabinet lighting

Listed by Michelle EXP Realty and Jeni Lemon eXp Realty 605.801.0626 * $20,980 Builder Incentive available. Welcome to 700 N Valley Dr in Rapid City’s Shepherd Hills community. This spacious home offers 5 bedrooms, 3 bathrooms, 2-car garage, and finished basement for added living space and flexibility. Open-concept layout is designed for comfortable everyday living and entertaining. Kitchen features granite countertops, under-cabinet lighting, and matte black finishes for a modern look and feel. Owner’s suite includes private bath with tiled walk-in shower. Finished basement provides additional room for guests, recreation, home office, or storage needs. Convenient location near shopping, schools, dining, and Black Hills recreation. Call today for your showing!

52 days

82

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Forced Air

Cooling

Refrig. C/Air

Appliances

Included: Dishwasher, Microwave
Laundry: Main Level

Features

Vaulted Ceiling(s), Walk-In Closet(s), Granite Counters
Flooring: Carpet, Vinyl
Basement: Full,Finished
Number of fireplaces: 1
Fireplace features: None

Interior area

Total structure area: 2,418
Total interior livable area: 2,418 sqft

Property

Parking

Total spaces: 2
Parking features: Two Car, Attached, Garage Door Opener
Attached garage spaces: 2

Features

Patio & porch: Open Patio

Lot

Size: 6,969 Square Feet
Features: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Site Built

Materials

Frame
Foundation: Poured Concrete Fd.
Roof: Composition

Condition

Year built: 2026

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Shepard Hills Subdivision

Location

Region: Rapid City

Financial & listing details

Price per square foot: $217/sqft
Date on market: 6/3/2026
Listing terms: Cash,New Loan,FHA,VA Loan
Road surface type: Paved

Estimated market value

$522,300

$496,000 - $548,000

$2,741/mo

Price history

Date	Event	Price
7/8/2026	Price change	$524,500-1%$217/sqft
Source: Mount Rushmore Area AOR #88959 Report a problem
5/27/2026	Listed for sale	$529,995$219/sqft
Source: Black Hills AOR #179230 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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: 57701

Getting around

10 / 100

Car-Dependent

22 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Valley View Elementary - 13
Grades: K-5Distance: 1.6 mi
NA
East Middle School - 30
Grades: 6-8Distance: 1.6 mi
2/10
Central High School - 41
Grades: 9-12Distance: 3 mi

Schools provided by the listing agent

District: Rapid City

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.