515 S Rainbow Rd
Spearfish, SD 57783
3 Beds
1 Bath
1,170 sqft (on 1 acre)
$300,000
Last Sold: Aug 6, 2025
$256/sqft
$300,000
Last Sold: Aug 6, 2025
$256/sqft
3 Beds
1 Bath
1,170 sqft
(on 1 acre)
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Local Information
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Description
This single-family home is located at 515 S Rainbow Rd, Spearfish, SD. 515 S Rainbow Rd is in Spearfish, SD and in ZIP code 57783. This property has 3 bedrooms, 1 bathroom and approximately 1,170 sqft of floor space. The last sold price per dimension was $256/sqft. This property has a lot size of 1 acre and was built in 1920.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$256/sqft
Listed
180+ days ago
Home Details for 515 S Rainbow Rd
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1170 Square Feet |
Appliances & Utilities Laundry: Main Level |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Window Evap.Has HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: Single HungFlooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Carpet, Laminate |
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Exterior Home Features Roof: CompositionPatio / Porch: Open DeckOther Structures: Shed(s), Outbuilding |
Parking & Garage Parking: No Garage |
Frontage Road Surface Type: Paved, Unimproved |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: ResidentialProperty Subtype: Site Built |
Building Construction Materials: Frame |
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Price List Price: $300,000Price Per Sqft: $256/sqft |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: SOLD-BEFORE PROCESS MLS |
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Direction & Address City: SpearfishCommunity: Wyatt Way |
School Information Elementary School District: SpearfishJr High / Middle School District: SpearfishHigh School District: Spearfish |
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Building Area Building Area: 1170 Square Feet |
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Lot Area: 1 Acres |
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Listing Terms: Cash, New Loan |
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Mls Number: 85605 |
Last check for updates: about 4 hours ago
Listed by Casey Raftevold
Great Peaks Realty
Bought with: Casey Raftevold, Great Peaks Realty
Source: Mount Rushmore Area AOR, MLS#85605
Price History for 515 S Rainbow Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 08/06/2025 | $300,000 | Sold | Mount Rushmore Area AOR #85605 |
| 02/04/2025 | $2,800,000 | Listed For Sale | Mount Rushmore Area AOR #83023 |
| 06/24/2022 | $1,400,000 | Sold | Mount Rushmore Area AOR #70701 |
| 06/07/2022 | $1,600,000 | Contingent | Mount Rushmore Area AOR #70701 |
| 02/08/2022 | $1,600,000 | PriceChange | Mount Rushmore Area AOR #70701 |
| 01/05/2022 | $1,800,000 | Listed For Sale | Mount Rushmore Area AOR #70701 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,632 |
| Assessment | $86,160 |
Home facts updated by county records
Comparable Sales for 515 S Rainbow Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.40 | Single-Family Home | $320,000 | 12/01/25 | 3 | 1 | 1,380 | |
1.09 | Single-Family Home | $310,000 | 12/01/25 | 2 | 1 | 1,182 | |
1.14 | Single-Family Home | $310,000 | 03/25/26 | 2 | 1 | 1,139 | |
1.05 | Single-Family Home | $250,000 | 07/02/25 | 2 | 1 | 840 | |
1.03 | Single-Family Home | $400,000 | 08/20/25 | 3 | 2 | 1,460 | |
1.25 | Single-Family Home | $267,000 | 05/15/25 | 2 | 1 | 1,000 | |
1.24 | Single-Family Home | $262,800 | 10/17/25 | 2 | 1 | 825 | |
1.09 | Single-Family Home | $367,000 | 01/30/26 | 3 | 2 | 1,214 | |
1.02 | Single-Family Home | $675,000 | 02/24/26 | 4 | 2.5 | 2,000 |
Assigned Schools
These are the assigned schools for 515 S Rainbow Rd.
- West Elementary - 03
- 1-2
- Public
- 352 Students
NAGreatSchools RatingParent Rating AverageBoth of my children went to this school, and both had good experiences. The teachers were attentive and I always felt welcome to come and visit. I am not sure how much is done in regards to bullying, but I am not sure if this is much of an issue in the younger age groups from what I can tell.Parent Review8y ago - Creekside Elementary - 07
- 3-5
- Public
- 498 Students
8/10GreatSchools RatingParent Rating AverageBoth of my children attended Creekside. We did not really have any negative experiences, other than occasional discrepancies on the playground, and I'm not sure how well those were handled by the staff. Other than that, my only other issue would be how well they prepare children for the transition to middle school. A "no homework" policy may not be the best for them, although I understand allowing them to be kids and enjoy their last year of elementary school. Overall we had good experiences and my children enjoyed their time at this school.Parent Review8y ago - Spearfish Middle School - 05
- 6-8
- Public
- 600 Students
6/10GreatSchools RatingParent Rating AverageI have one child that has attended here so far, and one that will be coming into this school next year. My son had a good experience in middle school, and I really don't have anything negative to share. I am not sure on how well they work with those with learning differences or on the subject of bullying, but that is simply because we didn't deal with either of those personally.Parent Review8y ago - Spearfish High School - 01
- 9-12
- Public
- 796 Students
5/10GreatSchools RatingParent Rating AverageThere is a dark cloud over the school. Boys/Girls Basketball, Volleyball, Football... are all broken programs for years and years with no willingness to fix. Wish we had gone to Lead-Deadwood HS or Belle Fourche HS.Bitter aftertaste after graduation.Other Review6y ago - Mountain View Elementary - 08
- K
- Public
- 168 Students
NAGreatSchools RatingParent Rating AverageThis school irreparably damaged my child and I would strongly advise the public against sending their precious children here. Additionally, they promote extremism and anti-traditional pedagogical modalities.Parent Review1mo ago 
Check out schools near 515 S Rainbow Rd.
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
Learn more about our methodology.
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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
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
Homes for rent near 515 S Rainbow Rd
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515 S Rainbow Rd, Spearfish, SD 57783 is a 3 bedroom, 1 bathroom, 1,170 sqft single-family home built in 1920. This property is not currently available for sale. 515 S Rainbow Rd was last sold on Aug 6, 2025 for $300,000 (0% higher than the asking price of $300,000). The current Trulia Estimate for 515 S Rainbow Rd is $304,800.