Listed by Marisa Wollman, Oak & Key Realty, 605-230-0016. Some places aren't just land—they're a legacy waiting to be written. Nestled between Hermosa and Keystone with frontage on Highway 40, this remarkable 40-acre parcel captures everything that makes the Black Hills special. Towering ponderosa pines, open meadows, rugged rock outcroppings, and winding draws create a landscape that feels untouched by time. Wake up to elk moving through the timber, deer grazing in the meadows, and wild turkeys crossing the hillsides. This is the kind of property where wildlife still outnumbers people and the stars shine bright enough to remind you what matters. With agricultural status already in place, abundant water available from the Madison Aquifer, and power nearby, the groundwork is set for your dream home, horse property, or private retreat. Multiple building sites offer endless opportunities to create something that can be enjoyed for generations. A person must walk the meticulously well maintained land to truly appreciate what's being offered with this property. Properties like this aren't being made anymore. Forty acres of freedom, privacy, and Black Hills beauty—where the only thing missing is your story.
Lot/land
$1,298,000
TRACT 1 Highway 40, Hermosa, SD 57744
--beds
--baths
40Acres
Ranch
Built in ----
40 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Multiple building sitesTowering ponderosa pinesRugged rock outcroppingsOpen meadowsWinding drawsMeticulously well maintained land
- 25 days |
- 193 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Marisa Wollman,
Oak & Key Realty, LLC
Source: Mount Rushmore Area AOR,MLS#: 88992
Facts & features
Interior
Video & virtual tour
Property
Features
- Waterfront features: None
Lot
- Size: 40 Acres
- Features: Few Trees, Meadow, Wooded, Part Wooded
- Topography: Rolling
Details
- Zoning description: General Zoning: Agriculture
- Horses can be raised: Yes
Utilities & green energy
- Gas: None
- Sewer: None
- Water: None
Community & HOA
Community
- Subdivision: None
Location
- Region: Hermosa
Financial & listing details
- Date on market: 6/5/2026
- Listing terms: Cash
- Road surface type: None
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $1,298,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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: 57744
Nearby schools
GreatSchools rating
- 5/10Hermosa Elementary - 04Grades: PK-6Distance: 5.2 mi
- 8/10Custer Middle School - 05Grades: 7-8Distance: 15.7 mi
- 5/10Custer High School - 01Grades: 9-12Distance: 15.7 mi
Schools provided by the listing agent
- District: Custer
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.
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
- Pennington County
- Keystone
- 57744
- TRACT 1 Highway 40




