3840 Caballo Dr, Spearfish, SD 57783
OFF MARKET

3840 Caballo Dr
Spearfish, SD 57783

  • Studio
  • 1,196 sqft (on 40 acres)

$718,300

Trulia Estimate
as of Aug 13, 2026

$718,300

Trulia Estimate
as of Aug 13, 2026
Studio
1,196 sqft
(on 40 acres)

Home Value

Trulia Estimate
$718K
Since last month
Decreased$1K (-0.2%)
Since last year
Decreased$47K (-6.1%)
Since last sale
Increased$219K (+43.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +136% in the last 10 years
MonthEstimated value
2026
August 2026$718K
July 2026$718K
June 2026$720K
May 2026$728K
April 2026$727K
March 2026$711K
February 2026$693K
January 2026$704K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3818 Caballo Dr, Spearfish, SD
0.38
Single-Family Home
$1,875,000
11/18/25
6
4.5
3,736
3439 Westview Loop, Spearfish, SD
0.64
Single-Family Home
$280,000
03/20/26
3
1
960
3545 Westview Dr, Spearfish, SD
0.68
Single-Family Home
$399,900
11/03/25
4
2
1,993
2925 Sapphire Ln, Spearfish, SD
1.34
Single-Family Home
$490,000
09/29/25
3
1
1,344
169 Timberline Rd, Spearfish, SD
1.79
Single-Family Home
$850,000
06/26/26
3
2.5
2,856
19964 Merriam Loop, Spearfish, SD
1.43
Single-Family Home
$2,250,000
08/07/26
6
6.5
7,921
1915 Absaroka St, Spearfish, SD
1.81
Single-Family Home
$415,000
03/16/26
3
2
1,443
1863 Russell St, Spearfish, SD
1.82
Single-Family Home
$530,000
05/29/26
4
2
1,674
3785 Ward Ave, Spearfish, SD
1.80
Single-Family Home
$539,900
12/08/25
4
3
2,134
3781 W Beartooth Loop, Spearfish, SD
1.93
Single-Family Home
$475,000
12/12/25
3
2
1,476

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3818 Caballo Dr, Spearfish, SD 57783
0.38
$1,875,000
6
4.5
3,736
Recently Sold
3804 Caballo Dr, Spearfish, SD 57783
0.47
$803,100
4
3
3,360
Off Market
3229 Mm Ct, Spearfish, SD 57783
0.57
-
-
-
-
Off Market
Unit 2B, Spearfish, SD 57783
0.58
-
-
-
-
Off Market
3554 Westview Dr, Spearfish, SD 57783
0.62
$492,500
4
3
2,576
Off Market
Unit 2A, Spearfish, SD 57783
0.63
-
-
-
-
Off Market
Unit 3B, Spearfish, SD 57783
0.64
-
-
-
-
Off Market
3563 Westview Dr, Spearfish, SD 57783
0.63
$388,200
4
2
2,368
Off Market
3439 Westview Loop, Spearfish, SD 57783
0.64
$280,000
3
1
960
Recently Sold
3542 Westview Dr, Spearfish, SD 57783
0.66
$317,600
2
1.5
1,318
Off Market
3551 Westview Dr, Spearfish, SD 57783
0.66
$387,500
4
2
2,246
Off Market
Spring Creek Rd, Belle Fourche, SD 57717
0.67
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 3840 Caballo Dr.
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Home Highlights

Property Type
Single-Family Home
Year Built
2005
Lot Size
40 acres
Living Area
1,196 sqft
Price/Sqft
$601

About this House

This single-family home is located at 3840 Caballo Dr, Spearfish, SD. 3840 Caballo Dr is in Spearfish, SD and in ZIP code 57783. This property has approximately 1,196 sqft of floor space. This property has a lot size of 40.00 acres and was built in 2005.
3840 Caballo Dr, Spearfish, SD 57783 is a studio, 1,196 sqft single-family home built in 2005. It last sold for $499,000 on Aug 16, 2021. It is currently off market. The Trulia Estimate is $718,300, with a rent estimate of $2,004/month.

Home Details for 3840 Caballo Dr

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 40.00 acres

Price and Tax history

DateEventPrice
Aug 16, 2021
Source: Mount Rushmore Area AOR #69511
Sold
$499,000

Market trends in Spearfish

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
95
2MoM
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Around this home

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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. "
    0
    Flag
  • 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. "
    5
    Flag
  • Brittney M.
    "This is a dog friendly neighborhood for small dogs but not at all for big dogs. Okay thank you "
    6
    Flag
  • Ariannhernandez
    "Is pretty, very safe that you can walk alone during the night. Friendly neighbors. But there is 0 public transportation. "
    1
    Flag
  • Cat
    "Lots of dogs for them to be around. Pretty Nice neighborhood. It’s definitely getting busier around this area"
    3
    Flag
  • 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! "
    1
    Flag
  • 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."
    2
    Flag
  • RDM
    "this is an active mountian biking, fishing and musical community... now with 3 breweries! Always something going on for kids as well. "
    3
    Flag
  • Ladiajakubec
    "No public transportation or taxis but easy with low traffic at all times. also possible to ge arrondiert on a bike."
    2
    Flag
  • Ned H.
    "A mix of families and retirees. Close to park and open spaces. Good views of Crow Peak and Lookout Mountain. "
    0
    Flag
  • 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 "
    0
    Flag
  • Christle
    "Spearfish is a great place to live. College/university, great schools, jobs, great for retirees.....ND workers as well!"
    0
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  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."
    0
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Homes for sale near 3840 Caballo Dr

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Off Market Homes Near 3840 Caballo Dr

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Frequently asked questions about 3840 Caballo Dr

  • What is 3840 Caballo Dr estimated to be worth?
    Trulia's estimated value for 3840 Caballo Dr in Spearfish, SD is $718,300.
  • What is the price history for 3840 Caballo Dr?
    3840 Caballo Dr in Spearfish, SD last sold for $499,000 in August 2021.
  • Is Spearfish a buyer's or seller's market?
    Spearfish is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Spearfish?
    Residents describe Spearfish, SD as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Spearfish, SD.
  • How big is the lot at 3840 Caballo Dr?
    The lot at 3840 Caballo Dr in Spearfish, SD is about 40 acres.