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For sale
  • $995,000

    1120 N Rainbow Rd, Spearfish, SD 57783

    6beds
    3,985sqft
    : 
    Site Built
    Built in 2007
    5 Acres Lot
    $926,500 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Open and level acreageWalk-in showerRelaxing soaker tubThree additional bedrooms
    Discover peaceful Black Hills living with this beautifully remodeled 5 bedroom, 3.5 bathroom ranch style home situated on 5 pristine acres with NO-COVENANTS giving you the freedom to truly make the property your own. There is a brand new drilled well providing peace of mind with a dependable private water source. Surrounded by breathtaking views in the heart of The Hills, this property offers a lovely blend of comfortable functional space and true rural charm. Inside, you'll find a spacious and tastefully updated layout featuring an additional main-level room, (ideal for a home office, or a 6th non conforming bedroom.) The inviting primary suite is a true retreat, complete with oversized walk in closets, a relaxing soaker tub and a walk-in shower. The 2nd bedroom on the main level is an additional potential master suite to accommodate guests or family. Three additional bedrooms, a 3rd full bathroom, 2nd living space & kitchenette for the extra convenience, will make everyday living an ease! The attached oversized 2 car garage provides everyday convenience, while the 40x64 barn offers endless possibilities for horses, livestock, hobbies or extra storage. With open and level acreage, you can bring your all of your animals and enjoy the freedom of country living without restriction. Whether you are looking for a family retreat, hobby farm potential or simply room to breath in one of the most scenic areas of The Black Hills, this exceptional property is ready to welcome you home!
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Goodrich,

    RE/MAX In The Hills

    Source: Mount Rushmore Area AOR,MLS#: 88745MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Description: 2 WIC/ WIS/ Soaker tub
      • Level: Main
      • Area: 256
      • Dimensions: 16 x 16
      Bedroom 2
      • Description: Ensuite
      • Level: Main
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 3
      • Level: Basement
      • Area: 156
      • Dimensions: 13 x 12
      Bedroom 4
      • Level: Basement
      • Area: 156
      • Dimensions: 13 x 12
      Dining room
      • Description: Built in cabinets/shutter
      • Level: Main
      • Area: 112
      • Dimensions: 14 x 8
      Family room
      • Description: Kitchenette/open
      Kitchen
      • Description: Quarts/new cabinets
      • Level: Main
      • Dimensions: 16 x 15
      Living room
      • Description: Gas fireplace/wood floors
      • Level: Main
      • Area: 224
      • Dimensions: 16 x 14
      Heating
      • Propane, Forced Air
      Cooling
      • Refrig. C/Air
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Washer, Dryer, Water Softener Owned
      • Laundry: Main Level, Laundry Room, In Basement
      Features
      • Wet Bar, Vaulted Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Den/Study, Office
      • Flooring: Carpet, Wood, Tile
      • Windows: Double Pane Windows, Sliders, Vinyl, Window Coverings
      • Basement: Full,Finished
      • Number of fireplaces: 1
      • Fireplace features: One, Gas Log, Living Room
      Interior area
      • Total structure area: 3,985
      • Total interior livable area: 3,985 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Four or More Car, Attached, Detached, RV Access/Parking, Garage Door Opener
      • Attached garage spaces: 4
      Features
      • Patio & porch: Porch Covered, Open Deck
      • Exterior features: Storage
      • Fencing: Fence Metal,Chain Link,Garden Area
      • Has view: Yes
      Lot
      • Size: 5 Acres
      • Features: Views, Lawn, Rock, Trees, Horses Allowed, Highway Access, View
      Details
      • Additional structures: Barn(s)
      • Parcel number: 212000060308530
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Site Built
      Materials
      • Frame
      • Roof: Composition,Metal
      Condition
      • Year built: 2007

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Spearfish

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $767,630
      • Annual tax amount: $6,743
      • Date on market: 5/18/2026
      • Listing terms: Cash,New Loan
      • Road surface type: Paved, Unimproved
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        Estimated market value

        $926,500

        $880,000 - $973,000

        $3,760/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$995,000+113.1%$250/sqft
        Source: Mount Rushmore Area AOR #88745 Report a problem
        9/15/2017Sold$467,000-5.7%$117/sqft
        Source: Mount Rushmore Area AOR #54334 Report a problem
        7/20/2017Pending sale$495,000$124/sqft
        Source: Black Hills #54334 Report a problem
        6/12/2017Price change$495,000-2.8%$124/sqft
        Source: Black Hills #54334 Report a problem
        6/1/2017Pending sale$509,000$128/sqft
        Source: Black Hills #54334 Report a problem
        4/3/2017Price change$509,000-3.8%$128/sqft
        Source: Keller Williams - Black Hills #54334 Report a problem
        10/14/2016Listed for sale$529,000-3.6%$133/sqft
        Source: Keller Williams - Black Hills #54334 Report a problem
        8/10/2016Listing removed$549,000$138/sqft
        Source: Keller Williams - Black Hills #50565 Report a problem
        3/15/2016Listed for sale$549,000$138/sqft
        Source: Keller Williams - Black Hills #50565 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,743 +29.9%$767,630 +6.9%
        2024$5,189 +1.7%$718,130 +41%
        2023$5,101 +1.6%$509,220 +11%
        2022$5,022 +1.3%$458,930 +13.9%
        2021$4,956 $402,874 -4.6%
        2020$4,956 -1%$422,300
        2019$5,008 $422,300 +0.8%
        2018$5,008 +1.8%$418,990
        2017$4,921 +6.7%$418,990 +6.8%
        2016$4,611 +0.7%$392,390 +0.8%
        2015$4,580 -5%$389,110 +7.1%
        2014$4,823 +5.1%$363,420 +2.2%
        2013$4,590 $355,620 +2.2%
        2011-- $347,980

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 57783

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Spearfish

          Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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