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Land for Sale in Spearfish, South Dakota

Redwater Rd, Spearfish, SD 57783

$7,240,000
906 acres
Active sale
ago
Est $54,828/mo

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.

Land

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.

Recreation

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.

Agriculture

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.

Location

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.

Location

Street address
Redwater Rd
Elevation
3,293 feet
Coordinates
44.582, -103.9369

Property details

Acreage
905.6 acres
Posted

Resources

Listing history

DateEventPriceChangeSource
May 15, 2026New listing$7,240,000Listing agent
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This 905.6-acre property is located at Redwater Rd in Spearfish, SD 57783. The property is available for sale for $7,240,000 with a price per acre of $7,995.

Listed by Hayden Outdoors, (361) 275-6915

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