Residential Land with Home for Sale in Spearfish, South Dakota
821 N Rainbow Rd, Spearfish, SD 57783
Welcome to your peaceful retreat! This four bedroom, three bath home is nestled on two beautifully maintained acres right outside of Spearfish. You will find three bedrooms on the main floor and a lofted bedroom and half bath on the upper level. Step outside and enjoy the wide open yard, mature trees, and plenty of room for gardening, entertaining or just soaking in the quiet of country living. The large basement is just waiting to be transformed into the perfect space for you. The true standout is the impressive 60x60 Morton Building! Built in 2014, this space would be ideal for hobbies, storage, or business use! This one of a kind shop features overhead heating, floor drains, commercial grade garage doors, 16 feet side walls, 200 amp panel, large multi function office with full bathroom and a loft that could be used for just about anything! . This property combines rural tranquility with easy access to amenities. If your dreaming of a mini farm, home business or just extra space to breath, this one has it all!
Location
- Street address
- 821 N Rainbow Rd
- County
- Lawrence County
- Community
- Spearfish
- Elevation
- 3,819 feet
Directions
From Spearfish, East on Colorado Blvd. Turn left on Rainbow Rd. Home will be on the left side of the road.
Property details
- Acreage
- 2 acres
- MLS #
- MTRAOR 84599
- Posted
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- RE/MAX International
Exterior
- Parking Spaces
- 4
- Structures
- Outbuilding, Packing Shed, Shed(s)
- Features
- Garden Area, Lawn, Outbuildings, Paved Street, RV Parking, Shed
Structure
- Stories
- 1
- Heating
- Fireplace(s), Propane
- Roof
- Composition
Interior
- Rooms
- Basement, Bathroom x 3, Bedroom x 4, Dining Room, Great Room, Kitchen
- Flooring
- Carpet, Tile
- Appliances
- Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
- Features
- Garage Door Opener, Smoke Detectors, Sump Pump
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Propane | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 5, 2025 | Price drop | $749,000 | $46,000 -5.8% | MTRAOR |
| Oct 9, 2025 | Price drop | $795,000 | $55,000 -6.5% | MTRAOR |
| Aug 1, 2025 | Price drop | $850,000 | $89,000 -9.5% | MTRAOR |
| July 7, 2025 | Price drop | $939,000 | $51,000 -5.2% | MTRAOR |
| June 10, 2025 | Price drop | $990,000 | $160,000 -13.9% | MTRAOR |
| May 27, 2025 | New listing | $1,150,000 | — | MTRAOR |