1120 N  Rainbow Rd, Spearfish, SD 57783
FOR SALE
5 ACRES

1120 N Rainbow Rd
Spearfish, SD 57783

  • 6 Beds
  • 3.5 Baths
  • 3,985 sqft (on 5 acres)

$995,000

Est. Mortgage $5,731/mo*

$995,000

Est. Mortgage $5,731/mo*
6 Beds
3.5 Baths
3,985 sqft
(on 5 acres)
We estimate this home will sell faster than 88% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Discover peaceful Black Hills living with this beautifully remodeled 5 bedroom, 3.5 bathroom ranch style home situated on 5 pristine acres with NO-COVENANTS giving you the freedom to truly make the property your own. There is a brand new drilled well providing peace of mind with a dependable private water source. Surrounded by breathtaking views in the heart of The Hills, this property offers a lovely blend of comfortable functional space and true rural charm. Inside, you'll find a spacious and tastefully updated layout featuring an additional main-level room, (ideal for a home office, or a 6th non conforming bedroom.) The inviting primary suite is a true retreat, complete with oversized walk in closets, a relaxing soaker tub and a walk-in shower. The 2nd bedroom on the main level is an additional potential master suite to accommodate guests or family. Three additional bedrooms, a 3rd full bathroom, 2nd living space & kitchenette for the extra convenience, will make everyday living an ease! The attached oversized 2 car garage provides everyday convenience, while the 40x64 barn offers endless possibilities for horses, livestock, hobbies or extra storage. With open and level acreage, you can bring all of your animals and enjoy the freedom of country living without restriction. Whether you are looking for a family retreat, hobby farm potential or simply room to breath in one of the most scenic areas of The Black Hills, this exceptional property is ready to welcome you home!
We estimate this home will sell faster than 88% nearby.

Home Highlights

Parking
4 Car Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$250
Listed
15 days ago

Home Details for 1120 N Rainbow Rd

Interior Features

Interior Details
Basement: Full,FinishedNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living RoomWet Bar
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 2.5
Dimensions and Layout
Living Area: 3985 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Washer, Dryer, Water Softener OwnedDishwasherDisposalDryerLaundry: Main Level,Laundry Room,In BasementRefrigeratorWasher
Heating & Cooling
Heating: Propane,Forced AirHas CoolingAir Conditioning: Refrig. C/AirHas HeatingHeating Fuel: Propane
Fireplace & Spa
Number of Fireplaces: 1Fireplace: One, Gas Log, Living RoomHas a Fireplace
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Sliders, Vinyl, Window CoveringsFlooring: Carpet, Wood, Tile
Levels, Entrance, & Accessibility
Floors: Carpet, Wood, Tile
View
Has a View
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition MetalPatio / Porch: Porch Covered, Open DeckFencing: Fence Metal, Chain Link, Garden AreaOther Structures: Barn(s)Exterior: Storage
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Four or More Car,Attached,Detached,RV Access/Parking,Garage Door Opener
Frontage
Road Surface Type: Paved, Unimproved
Farm & Range
Allowed to Raise Horses

Days on Market

Days on Market: 15

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: ResidentialProperty Subtype: Site BuiltArchitecture: Ranch
Building
Construction Materials: Frame

Price & Status

Price
List Price: $995,000Price Per Sqft: $250

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Spearfish
School Information
Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish

Agent Information

Listing Agent
Listing ID: 88745

Building

Building Area
Building Area: 3985 Square Feet

Lot Information

Lot Area: 5 Acres

Offer

Listing Terms: Cash, New Loan

Miscellaneous

BasementMls Number: 88745
Last check for updates: about 10 hours ago
Listing courtesy of Ashley Goodrich
RE/MAX In The Hills
Source: Mount Rushmore Area AOR, MLS#88745

Price History for 1120 N Rainbow Rd

DatePriceEventSource
05/18/2026$995,000Listed For SaleMount Rushmore Area AOR #88745
09/15/2017$467,000Sold
Mount Rushmore Area AOR #54334
07/20/2017$495,000PendingAgent Provided
06/12/2017$495,000PriceChange
Agent Provided
06/01/2017$509,000PendingAgent Provided
04/03/2017$509,000PriceChange
Agent Provided
10/14/2016$529,000Listed For SaleAgent Provided
08/10/2016$549,000ListingRemovedAgent Provided
03/15/2016$549,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$6,743
Assessment$767,630
Home facts updated by county records

Comparable Sales for 1120 N Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Single-Family Home
$540,000
03/24/26
5
2.5
2,240
0.25
Single-Family Home
$675,000
02/24/26
4
2.5
2,000
0.39
Single-Family Home
$320,000
12/01/25
3
1
1,380
1.65
Single-Family Home
$775,000
01/08/26
6
3
3,324
1.75
Single-Family Home
$480,000
05/08/26
5
3
2,912
1.56
Single-Family Home
$899,578
06/03/25
4
3
2,659
1.88
Single-Family Home
$800,000
04/28/26
5
3
3,476
1.79
Single-Family Home
$880,000
03/27/26
5
4.5
3,972
1.27
Single-Family Home
$300,000
08/06/25
3
1
1,170
1.68
Single-Family Home
$850,000
12/30/25
3
2.5
2,856

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1120 N Rainbow Rd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spearfish

At least 52 Trulia users voted on each feature.
  • 89 % Say parking is easy

  • 82 % Say it's dog friendly

  • 81 % Say there's wildlife

  • 80 % Say yards are well-kept

  • 79 % Say car is needed

  • 78 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 60 % Say streets are well-lit

  • 59 % Say neighbors are friendly

  • 58 % Say it's walkable to restaurants

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say it's walkable to grocery stores

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chadjagow
    "Great community and parks! Walk to everything from our neighborhood and every season has something going on. "
  • Brittney M.
    "People are always walking their dogs. But it is difficult to find a place to live with dogs. However, most community members love dogs and you can see people asking dog owners if they can pet them all the time. "
  • Brittney M.
    "This is a dog friendly neighborhood for small dogs but not at all for big dogs. Okay thank you "
  • Ariannhernandez
    "Is pretty, very safe that you can walk alone during the night. Friendly neighbors. But there is 0 public transportation. "
  • Cat
    "Lots of dogs for them to be around. Pretty Nice neighborhood. It’s definitely getting busier around this area"
  • Delana R.
    "Live in the area, clean, quiet, beautiful, friendly! Has it all! Growing a little too fast! Was the Best kept Secret now Best! "
  • Ibrenner
    "There are too many to name. However, Downtown Friday Nights in the summer are fun for all ages. There is a Fall Festival and a great Holiday Light Parade in December. Spearfish is a great place to live because of the beauty, friendly people, and lots of things to do."
  • RDM
    "this is an active mountian biking, fishing and musical community... now with 3 breweries! Always something going on for kids as well. "
  • Ladiajakubec
    "No public transportation or taxis but easy with low traffic at all times. also possible to ge arrondiert on a bike."
  • Ned H.
    "A mix of families and retirees. Close to park and open spaces. Good views of Crow Peak and Lookout Mountain. "
  • Aron R.
    "Good place to live and vacation ".............go visit this place it is a great place to worship. You can live here in extension of your current life "
  • Christle
    "Spearfish is a great place to live. College/university, great schools, jobs, great for retirees.....ND workers as well!"
  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."

LGBTQ Local Legal Protections

Ashley Goodrich, RE/MAX In The Hills
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved
1120 N Rainbow Rd, Spearfish, SD 57783 is a 6 bedroom, 4 bathroom, 3,985 sqft single-family home built in 2007. This property is currently available for sale and was listed by Mount Rushmore Area AOR on May 18, 2026. The MLS # for this home is MLS# 88745.