Listed by Jeff Garrett (605.641.0547) & Kerry Engelmann (605.484.4325) with Hayden Outdoors Real Estate. Rare opportunity to own 38± acres just minutes from downtown Spearfish, located on the highly desirable Centennial Road. This beautiful parcel offers a perfect blend of open space, gently rolling terrain, and expansive views of the surrounding Black Hills and prairie. With no covenants, this land is ideal for those seeking the freedom to build a custom home, develop a hobby farm, or simply enjoy wide-open country living. The property features excellent access via South Rainbow Road from the North and Centennial Road from the east. Whether you're looking to establish a private retreat or secure a long-term investment in one of the fastest-growing areas of the Northern Hills, this acreage offers endless possibilities. Rural yet convenient, the property is located just a short drive to Spearfish’s shops, schools, and restaurants, as well as I-90 access. Properties of this size, this close to Spearfish, are becoming increasingly hard to find. Don’t miss your chance to own a slice of South Dakota paradise.
Property consists of 2 pieces of ground separated by Centennial Road. The pasture lease ran May through November so any closing would be after December 1st. The approximately 38.45 acre piece to the south of Centennial Road consists of two parcels. The larger parcel has a water spigot for cattle that comes from the owner's well on another property so a well agreement will have to be in place to continue use of the spigot. That parcel also has one 16'x50' open faced shed, a 60'x34' shed & a dam, which is currently dry. The approximately 35.6 acre parcel on the north side of Centennial Road does not include an approximate 4.43 acres with a house and some outbuildings. The north parcel has a wet spot toward the north end that may be possibly due to a spring. The seller wishes to disclose there was an old barn torn down & removed on the southeast hill side north of Centennial Road. The logs were sold & most of the foundation rocks removed. The remainder of debri was covered. The north parcel boarders Rainbow Road & the south piece borders Lazy Horse Lane so access doesn't have to be off of Centennial Road. The seller wishes to disclose that the south piece does have an old dump on the hillside that has been completely buried for years. This listing is a jewel with a beautiful location close to town with so much potential! Priced to sell and beats the competition!
MRAOR #68303
May 4, 2022
Sold
$984,000
May 14, 2021
Listed
$984,000
+19
For more information, please contact listing agents Heath Gran 605-209-2052 or Scot Munro 605-641-6482 with Great Peaks Realty. The size will surprise. .. Say hello to a beautiful piece of land with 80 acres near Spearfish! Due to having very few neighbors you will have amazing views of the hills. The opportunities are endless. Do not miss your chance on this remarkable lot! Call now.
MRAOR #63522
Mar 15, 2021
Sold
$300,000
Jan 24, 2020
Listed
$323,900
MRAOR #65543
Jul 23, 2020
Sold
$254,200
Apr 9, 2020
Listed
$254,200
MRAOR #63523
Mar 27, 2020
Sold
$285,100
Jan 24, 2020
Listed
$323,900
MRAOR #63520
Jan 24, 2020
Listed
$647,800
MRAOR #61720
Aug 16, 2019
Sold
$177,000
Jun 17, 2019
Listed
$179,900
MRAOR #59972
Nov 7, 2018
Listed
$118,500
MRAOR #59973
Nov 7, 2018
Listed
$193,550
MRAOR #59974
Nov 7, 2018
Listed
$161,950
MRAOR #59971
Nov 1, 2018
Listed
$139,830
MRAOR #56246
Dec 21, 2017
Sold
$170,000
Sep 21, 2017
Listed
$169,300
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Year renovated
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Sq. Ft.
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Style
Ranch
County
Lawrence County
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Last updated by owner on May 8, 2025.
Property details
Exterior
Property Features
Horses Allowed
Property Information
Property Type: Land
Raw Mls Property Sub Type: Residential Single Family
Lot Information
Lot Features: Rolling Slope
Road Surface Type: Gravel
Lot Size Acres: 38.45
Location
Schools Information
School District: Spearfish
Location Information
Directions: From Spearfish, drive east on East Colorado Boulevard, turn south on south South Rainbow Road and drive south for 1.25 miles. The property will be on the east side of the road.
Subdivision Name: None
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Ranch
Year Built: —
Year Renovated: —
County: Lawrence County
APN: —
Home facts updated by county records on May 8, 2025
Around this home
Schools
Mountain View Elementary - 08
Public K • Assigned • 6.2mi
Spearfish Middle School - 05
Public 6-8 • Assigned • 6.8mi
6/10
Spearfish High School - 01
Public 9-12 • Assigned • 6.9mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Spearfish, SD • 57783
Average low and high temperatures (°F)
35
19
38
19
53
33
55
36
67
47
75
54
81
61
80
60
79
56
65
43
48
30
44
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$555,000 – $671,000
Sell confidently with a local market expert in Spearfish.