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!
For sale
$995,000
1120 N Rainbow Rd, Spearfish, SD 57783
6beds
3,985sqft
Est.:
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
- 1 day |
- 297 |
- 13 |
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#: 88745
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
Estimated market value
$926,500
$880,000 - $973,000
$3,760/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $995,000+113.1%$250/sqft |
Source: | ||
| 9/15/2017 | Sold | $467,000-5.7%$117/sqft |
Source: | ||
| 7/20/2017 | Pending sale | $495,000$124/sqft |
Source: Black Hills #54334 Report a problem | ||
| 6/12/2017 | Price change | $495,000-2.8%$124/sqft |
Source: Black Hills #54334 Report a problem | ||
| 6/1/2017 | Pending sale | $509,000$128/sqft |
Source: Black Hills #54334 Report a problem | ||
| 4/3/2017 | Price change | $509,000-3.8%$128/sqft |
Source: Keller Williams - Black Hills #54334 Report a problem | ||
| 10/14/2016 | Listed for sale | $529,000-3.6%$133/sqft |
Source: Keller Williams - Black Hills #54334 Report a problem | ||
| 8/10/2016 | Listing removed | $549,000$138/sqft |
Source: Keller Williams - Black Hills #50565 Report a problem | ||
| 3/15/2016 | Listed for sale | $549,000$138/sqft |
Source: Keller Williams - Black Hills #50565 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $347,980 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
Nearby schools
GreatSchools rating
- NAMountain View Elementary - 08Grades: KDistance: 4.1 mi
- 6/10Spearfish Middle School - 05Grades: 6-8Distance: 4.6 mi
- 5/10Spearfish High School - 01Grades: 9-12Distance: 4.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Dakota
- Lawrence County
- Spearfish
- 57783
- 1120 N Rainbow Rd



