Valley Rd, Hot Springs, SD 57747
Property image
Property image
FOR SALE
40 ACRES

Valley Rd
Hot Springs, SD 57747

    $259,000

    Est. Mortgage $1,539/mo*
    Get Pre-Qualified

    $259,000

    Est. Mortgage $1,539/mo*
    Get Pre-Qualified
    (on 40 acres)

    Local Information

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

    Description

    Approximately 40 acres located just 8.5 miles west on Hwy 18 from Hot Springs, SD and 1.5 miles north on Valley Road, offering a flexible agricultural setup with no covenants—perfect for building multiple homes, cabins, or expanding livestock operations. Around 15–16 acres are hayed annually, yielding 12–16 large round bales (BRB) depending on growing conditions. Electric is already in place at the well-maintained 1930s cement-walled barn/shed, and the property includes corrals, gates, a concrete pad, and a water hydrant with one waterer. To activate the waterer, installation of a new well or tank will be needed; nearby well depths range from approx. 30 ft (hand-dug) to 300 ft. This parcel provides usable infrastructure and open pasture, ideal for horses or cow/calf pairs. It also offers the ideal setup for a hobby farm—with 15–16 acres of hay ground, livestock infrastructure including corrals and a barn, and plenty of open space for personal ag pursuits or rural living. The property is completely fenced on 3 sides and in the process of having a survey done so would be ready to have the north end of the 40 acres fenced. With limited parcels like this available, don’t miss out—call Patty Schultz, Heartland Real Estate, at 605-891-3829 today! The sign will not go up at the property for a few weeks.

    Home Highlights

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

    Home Details for Valley Rd

    Interior Features

    Gas & Electric
    Has Electric on Property
    View
    Has a View

    Exterior Features

    Exterior Home Features
    Other Structures: Livestock Building
    Frontage
    Waterfront: NoneRoad Frontage: Public AccessRoad Surface Type: Gravel
    Water & Sewer
    Sewer: None
    Farm & Range
    Horse Amenities: Corral(s)Allowed to Raise Horses
    Surface & Elevation
    Topography: Level, Rolling

    Days on Market

    Days on Market: 56

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Ranch

    Price & Status

    Price
    List Price: $259,000
    Status Change & Dates
    Possession Timing: Other (See Remarks)

    Active Status

    MLS Status: ACTIVE

    Location

    Direction & Address
    City: Hot Springs
    School Information
    Elementary School District: Hot SpringsJr High / Middle School District: Hot SpringsHigh School District: Hot Springs

    Agent Information

    Listing Agent
    Listing ID: 88705

    Lot Information

    Lot Area: 40 Acres

    Offer

    Listing Terms: Cash

    Miscellaneous

    Mls Number: 88705
    Last check for updates: about 13 hours ago
    Listing courtesy of Patricia Schultz
    Heartland Real Estate
    Source: Mount Rushmore Area AOR, MLS#88705
    Also Listed on Black Hills AOR, Black Hills AOR.

    Market trends in Hot Springs

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    79
    2    MoM

    Price History for Valley Rd

    DatePriceEventSource
    05/14/2026$259,000Listed For SaleMount Rushmore Area AOR #88705
    02/09/2026$289,000ListingRemovedBlack Hills AOR #175145
    08/04/2025$289,000Listed For SaleMount Rushmore Area AOR #85561

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    Comparable Sales for Valley Rd

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Tbd Ridge Rd, Hot Springs, SD
    3.97
    Lot/Land
    $180,000
    10/31/25
    -
    -
    Tbd Sundance Dr, Hot Springs, SD
    5.73
    Lot/Land
    $154,000
    03/12/26
    -
    -
    11878 Calamity Jane Dr, Hot Springs, SD
    6.33
    Lot/Land
    $235,000
    10/02/25
    -
    -
    Hart Rd, Hot Springs, SD
    6.66
    Lot/Land
    $255,316
    05/27/26
    -
    -
    Tract 1 S Park Dr, Custer, SD
    6.72
    Lot/Land
    $260,000
    10/20/25
    -
    -
    Rimfire Rd, Custer, SD
    6.51
    Lot/Land
    $150,000
    05/05/26
    -
    -
    12048 True Grit Trl, Custer, SD
    6.66
    Lot/Land
    $140,000
    11/07/25
    -
    -

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    Assigned Schools

    These are the assigned schools for Valley Rd.

    What Locals Say about Hot Springs

    At least 11 Trulia users voted on each feature.

    • 100 % Say parking is easy

    • 87 % Say people would walk alone at night

    • 86 % Say it's dog friendly

    • 83 % Say there's wildlife

    • 82 % Say yards are well-kept

    • 76 % Say it's quiet

    • 71 % Say there's holiday spirit

    • 67 % Say it's walkable to restaurants

    • 67 % Say car is needed

    • 65 % Say neighbors are friendly

    • 60 % Say they plan to stay for at least 5 years

    • 59 % Say it's walkable to grocery stores

    • 53 % Say there are sidewalks

    • 50 % Say kids play outside

    • 47 % Say streets are well-lit

    • 39 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Andrew M.
      "Nice drive through the canyon to get to work, except for the brutal attic blasts that come through winter was enjoyable "
      0
      Flag

    LGBTQ Local Legal Protections

    Patricia Schultz, Heartland Real Estate
    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
    Valley Rd, Hot Springs, SD 57747 is a lot/land. This property is currently available for sale and was listed by Mount Rushmore Area AOR on May 14, 2026. The MLS # for this home is MLS# 88705.