Redwater Rd, Spearfish, SD 57783
Property image
Property image
FOR SALE
3D VIEW
905.6 ACRES

Redwater Rd
Spearfish, SD 57783

    $7,240,000

    $7,240,000

    (on 905.60 acres)
    We estimate this home will sell faster than 86% nearby.

    Local Information

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

    Description

    Redwater Ranch spans 905.6± acres just north of Spearfish, South Dakota, with nearly 1.5 miles of Redwater River frontage, productive hay ground, native pasture, pine-covered ridges, and towering red bluffs. The ranch supports excellent populations of elk, mule deer, whitetail deer, turkey, and trout fishing while offering grazing potential, multiple build sites, and direct access to the recreation and beauty of the Black Hills region.Redwater Ranch captures the character of a larger western ranch while remaining within minutes of Spearfish and the northern Black Hills. The landscape transitions from productive riverbottom ground and rolling native grass valleys into timbered draws, rugged breaks, and elevated ridgelines overlooking the surrounding countryside. Nearly 1.5 miles of Redwater River winds through the ranch, providing year-round live water, productive habitat, and quality trout fishing directly on the property. The diversity of terrain creates both visual appeal and functionality, offering strong grazing ground, excellent wildlife cover, and multiple elevated homesites with commanding views. The ranch carries the scale and privacy expected of a premier western holding, yet remains highly accessible and usable across a wide range of recreational and agricultural pursuits. **Potential conservation easement opportunities may exist, offering future owners the ability to preserve the ranch's natural character, wildlife habitat, and open space for generations to come.** Redwater Ranch supports exceptional populations of elk, mule deer, whitetail deer, turkey, and other native wildlife species. Live water, timbered bedding areas, native grass valleys, and natural travel corridors create outstanding habitat throughout the ranch and contribute to consistent year-round wildlife activity. Redwater River serves as a defining feature of the property, offering quality trout fishing alongside the broader hunting and recreational opportunities that make this area of western South Dakota so highly regarded. Redwater Ranch offers strong functionality for a cow/calf operation with a balanced combination of productive bottom ground, native pasture, and usable range. The ranch consists of approximately 124± FSA cropland and hay acres, 480± acres of open pasture and grazeable native range, and an estimated 300± acres of timbered draws, pine ridges, river corridor, and rugged recreational terrain. The hay ground provides the opportunity to raise feed, produce winter hay, or transition portions into corn or additional forage production if desired. Combined with extensive grazing acreage and reliable live water, the ranch offers practical agricultural utility without sacrificing recreational quality. Properties of this scale and composition seldom become available in the Spearfish and northern Black Hills market. Redwater Ranch combines live water, productive ranch ground, strong wildlife habitat, and immediate proximity to one of western South Dakota's most desirable communities within a single contiguous holding. The combination of trout-bearing river frontage, elk and mule deer habitat, functional agricultural use, dramatic terrain, and long-term investment appeal positions Redwater Ranch as a true legacy property in the Black Hills region.
    We estimate this home will sell faster than 86% nearby.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    31 days ago

    Home Details for Redwater Rd

    Interior Features

    Heating & Cooling
    No CoolingNo Heating
    Fireplace & Spa
    No Fireplace
    View
    No View

    Exterior Features

    Parking & Garage
    No Garage
    Frontage
    Not on Waterfront
    Farm & Range
    Frontage Length: 0

    Days on Market

    Days on Market: 31

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction

    Price & Status

    Price
    List Price: $7,240,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Spearfish
    School Information
    Elementary School District: 000000Jr High / Middle School District: 000000High School District: 000000

    Agent Information

    Listing Agent
    Listing ID: 11775960

    HOA

    No HOA

    Lot Information

    Lot Area: 905.60 acres

    Offer

    Listing Agreement Type: Exclusive

    Rental Terms, Policies & Fees

    Miscellaneous

    Mls Number: 11775960
    Last check for updates: about 10 hours ago
    Listing courtesy of Kasey Wipf, (605) 281-9808
    Hayden Outdoors Real Estate
    Source: NY State MLS, MLS#11775960

    Market trends in Spearfish

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    83
    5
    MoM

    Price History for Redwater Rd

    DatePriceEventSource
    05/15/2026$7,240,000Listed For SaleNY State MLS #11775960

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    Comparable Sales for Redwater Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    3.43
    Lot/Land
    $170,000
    06/24/26
    -
    -
    3.96
    Lot/Land
    $95,000
    07/01/26
    -
    -
    4.17
    Lot/Land
    $185,000
    03/31/26
    -
    -
    4.30
    Lot/Land
    $468,000
    03/31/26
    -
    -
    4.27
    Lot/Land
    $160,000
    01/16/26
    -
    -
    4.55
    Lot/Land
    $390,000
    03/31/26
    -
    -
    4.57
    Lot/Land
    $229,000
    11/18/25
    -
    -
    4.69
    Lot/Land
    $100,000
    07/14/25
    -
    -
    4.78
    Lot/Land
    $150,000
    07/31/25
    -
    -

    Nearby homes

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

    Assigned Schools

    These are the assigned schools for Redwater 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

    Kasey Wipf, Hayden Outdoors Real Estate
    Agent Phone: (605) 281-9808
    Redwater Rd, Spearfish, SD 57783 is a lot/land. This property is currently available for sale and was listed by NY State MLS on Jun 1, 2026. The MLS # for this home is MLS# 11775960.