The Elkhorn | Luxury Mountain Estate Retreat – Deer Mountain Village Discover an extraordinary opportunity to create your dream mountain retreat in the exclusive Deer Mountain Village community. Nestled in a premier location with privacy on three sides, Lot 114 offers a rare sense of seclusion surrounded by the natural beauty of the Black Hills. With a thoughtfully designed semi-custom home plan already envisioned specifically for this exceptional homesite, the foundation for an extraordinary mountain residence has been established. Striking architectural details and carefully planned living spaces create a seamless blend of modern luxury, comfort, and connection to nature. From the moment you enter, dramatic sightlines draw your attention through the home to a private, tree-filled courtyard, creating a stunning architectural focal point. The main-level kitchen, dining, and living areas are thoughtfully positioned to capture views of the lower-level courtyard, bringing the beauty of the outdoors into everyday living. Imagine peaceful winter evenings watching snow fall beyond the windows or mornings enjoying the first sunlight over the mountain peaks. Designed for both relaxation and entertaining, the home features inviting gathering spaces, a dedicated game room, private theater, and multiple covered outdoor living areas. Whether hosting family and friends or escaping for a quiet mountain getaway, every space has been designed to elevate the experience. Located in Deer Mountain Village, enjoy a four-season lifestyle with skiing, hiking, biking, and endless outdoor recreation just moments away. A rare opportunity to create a luxury mountain sanctuary where privacy, exceptional design, and the beauty of the Black Hills come together. For additional information on this semi-custom home plan or to schedule a private tour of Deer Mountain Village, contact Cher Rhoades | Oak & Key Realty | 605.639.1158.
New construction
$5,047,000
LOT 114 Deer Mountain Rd, Lead, SD 57754
6beds
--baths
8,412sqft
Single Family Residence
Built in 2027
3.3 Acres Lot
$4,834,100 Zestimate®
$600/sqft
$-- HOA
What's special
Privacy on three sidesStriking architectural detailsPrivate tree-filled courtyardDedicated game roomPrivate theaterInviting gathering spaces
- 3 days
- 107
- 2
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
CHER RHOADES 605-593-5658,
OAK & KEY REALTY, LLC
Source: Black Hills AOR,MLS#: 181575
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- 1/2 bathrooms: 2
Bathroom
- Features: Other (See Remarks), Primary Bath, Shower and Tub
Dining room
- Features: Formal
Heating
- Has Heating (Unspecified Type)
Features
- Has basement: No
- Number of fireplaces: 2
Interior area
- Total structure area: 8,412
- Total interior livable area: 8,412 sqft
Property
Parking
- Total spaces: 3
- Parking features: Three Car, Attached
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Size(935), Driveway Exposure(East)
Features
- Levels: Three Or More
- Fencing: None
- Has view: Yes
- View description: Hills, Meadow, Trees/Woods
Lot
- Size: 3.3 Acres
- Features: Rolling Slope
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- To Be Built
- New construction: Yes
- Year built: 2027
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Sauna
- Services included: Other (See Remarks)
Location
- Region: Lead
Financial & listing details
- Price per square foot: $600/sqft
- Date on market: 10/19/2026
Estimated market value
$4,834,100
$4.59M - $5.08M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Listed for sale | $5,047,000+626.2%$600/sqft |
Source: | ||
| 5/5/2026 | Listing removed | $695,000$83/sqft |
Source: | ||
| 1/28/2026 | Listed for sale | $695,000$83/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




