Highway 85, Lead, SD 57754
Property image
Property image
SOLD
OCT 15, 2025

Highway 85
Lead, SD 57754

    $3,100,000

    Last Sold: Oct 15, 2025
    8% below list $3.36M

    $3,100,000

    Last Sold: Oct 15, 2025
    8% below list $3.36M
    (on 454.56 acres)

    Local Information

    • Map ViewExplore the area around Highway 85.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    454.56 acres

    About this House

    Never before offered for sale, The HS Bar Ranch is poised to become an alluring destination for adventure seekers and those who wish to find solitude in the beauty of the majestic Black Hills of South Dakota.  The ancestors of the owners homesteaded the 3 contiguous tracts in the early 1900’s. It is now available to be the foundation to build your dream and legacy. Rarely does a Black Hills property the size and caliber of The HS Bar Ranch come available in this convenient location. This secluded legacy ranch encompasses 454.56± acres of aspen lined meadows and pine-forested terrain. It is uniquely situated with direct access from Highway 85, yet 95% of the border adjoins the Black Hills National Forest. It is located just 20 miles west of historic Deadwood, 9 miles from the mouth of Spearfish Canyon and just 4 miles from Trails Head Lodge. A new solar powered well was drilled 7 years ago providing water for livestock and wildlife with adequate flow to also supply a new home. For those wanting to continue the current ag operations, the herd of approximately 82 cow/calf pairs could be purchased separately along with a “Term Grazing Land Permit” with the forest service. It is highly regarded for its privacy, extensive grazing resources, and diverse wildlife populations, which include elk, deer, and turkey. The property ranges in elevation from 6,300 feet at the lower end to 6,500 feet. Owner: HS Bar, LLC, TJT Investments LLC, Manager, Tim J. Thein, Manager
    Highway 85, Lead, SD 57754 is a lot/land. It last sold for $3,100,000 on Oct 15, 2025 (8% below the $3,364,000 asking price). It is currently off market.

    Home Details for Highway 85

    Interior Features

    Gas & Electric
    Electric: BH COOPGas: NoneHas Electric on Property
    View
    Has a View

    Exterior Features

    Exterior Home Features
    Fencing: Trees
    Frontage
    Waterfront: Ponds/Dams, SpringRoad Frontage: Public AccessRoad Surface Type: Asphalt
    Water & Sewer
    Sewer: None
    Farm & Range
    Allowed to Raise Horses

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Forest

    Price & Status

    Price
    List Price: $3,364,000
    Status Change & Dates
    Possession Timing: Negotiable

    Active Status

    MLS Status: SOLD-CO-OP BY BOR MEMBER

    Location

    Direction & Address
    City: LeadCommunity: None
    School Information
    Elementary School District: Lead/DeadwoodJr High / Middle School District: Lead/DeadwoodHigh School District: Lead/Deadwood

    Lot Information

    Lot Area: 454.56 Acres

    Offer

    Listing Terms: Cash, Cash To Loan

    Miscellaneous

    Mls Number: 85122
    Last check for updates: about 17 hours ago
    Listed by Jeff S Garrett
    Hayden Outdoors
    Bought with: Denny McKay, Real Properties of Lead - Deadwood
    Source: Mount Rushmore Area AOR, MLS#85122

    Price History for Highway 85

    DatePriceEventSource
    10/15/2025$3,100,000Sold
    Mount Rushmore Area AOR #85122
    09/09/2025$3,364,000ContingentNY State MLS #11526081
    06/27/2025$3,364,000Listed For SaleNY State MLS #11526081

    Market trends in Lead

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    114
    8    MoM
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    Comparable Sales for Highway 85

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    21933 Sunny Meadows Ct, Lead, SD
    0.50
    Lot/Land
    $225,000
    02/06/26
    -
    -
    Lot 2 Boles Canyon Rd, Lead, SD
    2.64
    Lot/Land
    $189,900
    09/04/25
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for Highway 85.
    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 Lead

    At least 9 Trulia users voted on each feature.

    • 89 % Say it's dog friendly

    • 82 % Say there's wildlife

    • 81 % Say yards are well-kept

    • 80 % Say people would walk alone at night

    • 80 % Say there's holiday spirit

    • 79 % Say car is needed

    • 72 % Say there are sidewalks

    • 71 % Say parking is easy

    • 65 % Say it's walkable to restaurants

    • 64 % Say it's quiet

    • 56 % Say neighbors are friendly

    • 50 % Say they plan to stay for at least 5 years

    • 46 % Say kids play outside

    • 38 % Say streets are well-lit

    • 36 % Say it's walkable to grocery stores

    • 20 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Natosha
      "I feel everyone is good about using a leash or their dog is well trained to stay by their side. You don't see them running lose very often which is a plus. "
      1
      Flag
    • Studio19onmain
      "45 min straight shot on good highway to interstate traffic light to non existent most days but during certain holidays traffic can be heavier at times"
      0
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    Explore by feature - Air Conditioning

    8 rentals with air conditioning in Lead, SD

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    8 rentals with a washer/dryer in Lead, SD

    Homes for sale near Highway 85

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    Off Market Homes Near Highway 85

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    Frequently asked questions about Highway 85

    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