For sale

$5,200,000

Est. $27,899/mo —

•

9,046

sq ft

12322 Bonanza Rd, Custer, SD 57730

About this home

Mountaintop Masterpiece with the Best Views in the Black Hills! 10 acre luxury estate completely surrounded by Forest Service. Located just minutes from downtown Custer! Brand new custom home blends grand scale with refined craftsmanship. Every space is thoughtfully designed with the highest quality finishes selected for both beauty and longevity. 5 bed / 5.5 bath with unbelievable spaces. Magnificent living room boasts vaulted ceilings, enormous wood burning fireplace, monumental stonework, giving way to professional kitchen and grand dining room. The upper level offers a spectacular gameroom loft with a custom wet bar, a private theater room, and a full second kitchen and second laundry for extended stay guests. A dedicated exercise room with sauna complete the package. Experience life on top of the world! Entertain under open skies, relax beside the fire, and enjoy the heated swim spa as the Black Hills stretch endlessly around you. Sit on the spacious patio for morning sunrises, radiant sunsets, and star filled nights with imposing granite peaks as your backdrop. A legacy property built for those who want space, privacy, and scenery that never stops. Once in a lifetime opportunity to own the most spectacular home in the entire Black Hills.

Single-familyProperty Type

2025Year Built

10 acresLot Size

$575Price/Sq.Ft.

Listed by Cody Norberg • Lewis Realty

Listed by Jacob Norberg • Lewis Realty

Listing updated: Aug 6, 2026 at 12:59pm

Redfin checked: a few seconds ago

•Source:MRAOR #89845

Payment calculator

$27,899 per month

Principal and interest$25,953

Property taxes

$473

HOA dues

Home insurance

$1,473

Utilities

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Nearby open houses (1)

Around this home

Schools

K - 12
Preschool & daycare

Custer Elementary - 02

Public PreK-6 • Assigned • 2.0mi

7/10

Custer Middle School - 05

Public 7-8 • Assigned • 2.0mi

8/10

Custer High School - 01

Public 9-12 • Assigned • 2.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

12322 Bonanza Rd · $5,200,000

Strong offer

$5.16M and above

75% chance or better to win

Why $5.16M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 73 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Vaulted ceilings
Wet bar
Walk-in closets
Elevator
Window coverings
Has fireplace with gas log in the living room (2 fireplaces total)
Partial, partially finished basement

Bedrooms
2 main-level bedrooms

Bathrooms
5 full bathrooms
1 half bathroom
2 main-level bathrooms

Kitchen
Dishwasher
Double oven
Gas range
Gas oven
Microwave
Refrigerator
Disposal
Freezer
Water softener

Laundry & utility
Washer and dryer
Main-level laundry

Flooring
Carpet
Tile

Heating & cooling
Ceiling fans
Has cooling
Electric, forced air, propane, and radiant heating

Sale and tax history for 12322 Bonanza Rd

Sale History
Tax History

Date

Event

Price

BHMLS #89845

Aug 5, 2026

Listed

$5,200,000

$575/sq ft

Aug 5, 2026

Listed

$5,200,000

$575/sq ft

MRAOR #68382

Sep 15, 2021

Sold

$850,000

$94/sq ft

May 20, 2021

Listed

$1,100,000

$122/sq ft

+27

LOST BONANZA MINING LODE! MILLION DOLLAR VIEW!! Darling cabins on a mountainside with a GREAT BIG BEAUTIFUL BLACK HILLS VIEW!!! Set on it’s own little 10 acre island in a GREAT BIG SEA OF USFS LANDS! Feel the weight of the world lift off as you drive up the hill to this magical property. Sit on the porch and soak in the amazing views. Once in a lifetime opportunity to own a property with this kind of access, so much public lands around it, a main 2 bed one bath cabin, a bunk house, and a small bath house. Currently a vacation rental that rents for $500/night. TURN KEY OPERATION! Enjoy as is or build your dream home. The Lost Bonanza Mine was a working mica/felspar mine with lots of history! Many miles of USFS lands to explore! HEIRLOOM QUALITY PROPERTY! Please understand that showings have to be arranged around guests so be flexible. Shown by scheduled showings only – NO DRIVE INS! This property does not have a well. It has a cistern that they fill. Road is is steep so recommend all wheel or 4 wheel drive. Sale is subject to 2021 reservations. Very near the wonderful city of Custer in the heart of the Beautiful Black Hills of SD. Land of the free and home of the brave!

MRAOR #68392

May 21, 2021

Listed

$1,100,000

$122/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,676 (+3.1%)

$390,000 + $171,442

$561,442

2024

$5,505 (+10.9%)

$390,000 + $176,370

$566,370

2023

$4,963 (+39.9%)

$305,000 + $154,900

$459,900

2022

$3,549 (+11.7%)

$215,000 + $123,113

$338,113

2021

$3,177 (+5.3%)

$111,828 + $119,493

$231,321

2020

$3,018 (−1.9%)

$98,351 + $95,594

$193,945

2019

$3,077 (+3.5%)

$98,351 + $95,594

$193,945

2018

$2,973 (−6.6%)

$100,351 + $85,461

$185,812

2017

$3,182 (+62.3%)

$100,351 + $85,461

$185,812

2013

$1,961

$91,769 + $65,778

$157,547

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

133 Acres

Year renovated

2002

Finished Sq. Ft.

914

Unfinished Sq. Ft.

—

Total Sq. Ft.

914

Year built

2002

Style

Single Family Residential

County

Custer County

APN

004366

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

7% chance of being in a wildfire in next 30 years

1/10 Heat Factor

5 days above 87° expected this year, 11 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Custer, SD • 57730

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 12322 Bonanza Rd

$4,863,476

$337K under list price of $5.20M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $239K to $1.3M.

SOLD MAY 27, 2026
$1,315,000 Last sold price
5 beds5.5 baths3,456 sq ft
619 Mt Rushmore Rd, Custer, SD 57730
$195/sq ft
smaller lot
138 years older
SOLD MAY 26, 2026
$635,000 Last sold price
5 beds3 baths2,866 sq ft
139 Surrey Ln, Custer, SD 57730
$353/sq ft
smaller lot
20 years older
SOLD JUL 17, 2026
$238,500 Last sold price
2 beds1 bath2,148 sq ft
347 N 5th St, Custer, SD 57730
$464/sq ft
smaller lot
86 years older
SOLD MAY 26, 2026
$676,500 Last sold price
3 beds2 baths1,793 sq ft
126 Stone Hill Dr, Custer, SD 57730
$198/sq ft
smaller lot
1 year newer
SOLD JUL 15, 2026
$749,000 Last sold price
3 beds2 baths2,188 sq ft
25415 Wind Song Valley Rd, Custer, SD 57730
$233/sq ft
smaller lot
4 years older
SOLD APR 24, 2026
$705,000 Last sold price
5 beds2 baths2,816 sq ft
24988 Delicate Dr, Custer, SD 57730
$325/sq ft
smaller lot
30 years older

Rental earnings

Est. $1,530 per month, based on comparable rentals

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Details provided by MRAOR and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (1)

Around this home

Schools

Lifestyle

Offer insights

Property details

Sale and tax history for 12322 Bonanza Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 12322 Bonanza Rd

Nearby similar homes

New listings for sale in 57730

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