505 N Rainbow Rd, Spearfish, SD 57783
Property image
Property image
OFF MARKET

505 N Rainbow Rd
Spearfish, SD 57783

  • Studio
  • 1,200 sqft (on 2 acres)

$491,100

Trulia Estimate
as of Aug 24, 2026

$491,100

Trulia Estimate
as of Aug 24, 2026
Studio
1,200 sqft
(on 2 acres)

Home Value

Trulia Estimate
$491K
Since last month
Decreased$8K (-1.6%)
Since last year
Increased$11K (+2.4%)
Since last sale
Increased$269K (+122.2%)
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 +104% in the last 10 years
MonthEstimated value
2026
August 2026$489K
July 2026$497K
June 2026$496K
May 2026$494K
April 2026$487K
March 2026$475K
February 2026$471K
January 2026$465K
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
821 N Rainbow Rd, Spearfish, SD
0.36
Single-Family Home
$675,000
02/24/26
4
2.5
2,000
1209 Cole Ln, Spearfish, SD
0.75
Single-Family Home
$540,000
03/24/26
5
2.5
2,240
1206 Mac Ln, Spearfish, SD
0.79
Single-Family Home
$320,000
12/01/25
3
1
1,380
1120 N Rainbow Rd, Spearfish, SD
0.61
Single-Family Home
$900,000
08/17/26
6
3.5
3,985
6124 Orion St, Spearfish, SD
1.28
Single-Family Home
$310,000
12/01/25
2
1
1,182
6172 Orion St, Spearfish, SD
1.32
Single-Family Home
$310,000
03/25/26
2
1
1,139
300 Aurora Ave, Spearfish, SD
1.28
Single-Family Home
$274,900
05/15/26
2
1
810
274 Aquila Ave, Spearfish, SD
1.32
Single-Family Home
$367,000
01/30/26
3
2
1,214
6278 Orion St, Spearfish, SD
1.41
Single-Family Home
$262,800
10/17/25
2
1
825
131 Sky Ridge Ave, Spearfish, SD
1.37
Single-Family Home
$399,900
12/12/25
3
2.5
1,724

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
Lot 4 Two Bar T St, Spearfish, SD 57783
0.31
$240,000
-
-
-
For Sale
Lot 6 Two Bar T St, Spearfish, SD 57783
0.33
$450,000
-
-
-
For Sale
Lot 2 Two Bar T St, Spearfish, SD 57783
0.33
$180,000
-
-
-
For Sale
Lot 3 Two Bar T St, Spearfish, SD 57783
0.33
$180,000
-
-
-
For Sale
821 N Rainbow Rd, Spearfish, SD 57783
0.36
$675,000
4
2.5
2,000
Recently Sold
Lot 5 Two Bar T St, Spearfish, SD 57783
0.36
$280,000
-
-
-
For Sale
Lot 7 Two Bar T St, Spearfish, SD 57783
0.39
$375,000
-
-
-
For Sale
Lot 12 Two Bar T St, Spearfish, SD 57783
0.39
$699,000
-
-
-
For Sale
Lot 13 Two Bar T St, Spearfish, SD 57783
0.41
$675,000
-
-
-
For Sale
Lot 11 Two Bar T St, Spearfish, SD 57783
0.44
$725,000
-
-
-
For Sale
Lot 9 Two Bar T St, Spearfish, SD 57783
0.46
$675,000
-
-
-
For Sale
Lot 10 Two Bar T St, Spearfish, SD 57783
0.46
$675,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 505 N Rainbow Rd.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1976
Lot Size
2 acres
Living Area
1,200 sqft
Price/Sqft
$409

About this House

This Private, Country Home Is Just Minutes To Spearfish And A Hop, Skip And A Jump To Deadwood. Nestled On 2 Acres of Shade Trees, Whispering Pines And Apple Trees, You Will Appreciate The 2400 Sq. Ft. Home With Large 30X41 Shop And A Detached, Oversized 2+ Car Garage For All Your Needs. The Views Will Take Your Breath Away! The Partially Finished Basement Will Not Require Much To Complete And Has The Potential For Two Additional Bedrooms And A Full Bath. Roof Was Replaced In April, 2014 And New Vinyl Windows Were Installed In 2010. A New Window Air Conditioning Unit Was Installed In 2012.
505 N Rainbow Rd, Spearfish, SD 57783 is a studio, 1,200 sqft single-family home built in 1976. It last sold for $220,000 on Oct 16, 2014. It is currently off market. The Trulia Estimate is $491,100, with a rent estimate of $1,933/month.

Home Details for 505 N Rainbow Rd

Interior Features

Interior Details
Basement

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.00 acres

Price and Tax history

DateEventPrice
Oct 16, 2014
Source: N/A
Sold
$220,000

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

Around this home

View nearby schools on GreatSchools
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

  • 81 % Say there's wildlife

  • 81 % Say it's dog friendly

  • 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

  • 45 % Say they plan to stay for at least 5 years

  • 40 % 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
    Flag
  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 505 N Rainbow Rd

  • What is 505 N Rainbow Rd estimated to be worth?
    Trulia's estimated value for 505 N Rainbow Rd in Spearfish, SD is $491,100.
  • What is the price history for 505 N Rainbow Rd?
    505 N Rainbow Rd in Spearfish, SD last sold for $220,000 in October 2014.
  • 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 505 N Rainbow Rd?
    The lot at 505 N Rainbow Rd in Spearfish, SD is about 2 acres.

Explore by feature - Pet Friendly

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Off Market Homes Near 505 N Rainbow Rd

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