23191 Highway 385, Rapid City, SD, 57702
About This Home
Currently operated as the Black Forest Inn Bed & Breakfast located in the heart of the Black Hills just south of Pactola Lake in an EXCELLENT LOCATION minutes from all things touristy! Remodeled fully just a few years ago this property would make a wonderful single family home with a cottage for guests. All furnishings stay and are included in the price. You will absolutely LOVE the scenic views from every window and making yourself coffee at your very own upscale coffee bar. The Game Room, Outdoor Patio, and Gazebo are well equipped and ready for you to relax and enjoy. Imagine your quality of life here - this is a one-of-a-kind Black Hills Treasure!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1954
Materials
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
Bathroom
- Features: Shower Only,Tub Only
Bedrooms & Bathrooms
- 1/2 bathrooms: 3
Dining Room
- Features: Breakfast Bar,Combination
Features
- Flooring: Carpet,Hardwood,Tile
- Number of fireplaces: 3
- Fireplace: Yes
Heating
- Heating features: Electric,Propane,Radiant,Forced Air,Heat Pump Mini-Split
Interior Area
- Total structure area: 9,772
- Total interior livable area: 9,770 sqft
Property
Details
- Parcel number: 3515455007
Features
- Levels: Three Or More
- Fencing: None
- Has view: Yes
- View description: Hills,Trees/Woods
Lot
- Lot size: 3.08 Acres
- Features: Level
Parking
- Parking features: No Garage
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Winter Weather
- Cold Wave
- Hail
- Lightning
- Landslide
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Pennington County and South Dakota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,848 | $106,176 |
| Home Insurance | $1,032 | $12,384 |
| Property Taxes | $1,516 | $18,192 |
| Electricity | $746 | $8,955 |
| Total | $12,142 | $145,704 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Listed for sale | $1,750,000 |
| 2026-04-03 | Listing removed | $1,750,000 |
| 2025-10-19 | Listed for sale | $1,750,000 |
| 2023-03-07 | Listing removed | $1,500,000 |
| 2023-03-06 | Contingent | $1,500,000 |
| 2023-02-10 | Price change | $1,500,000 |
| 2023-01-01 | Price change | $1,585,000 |
| 2022-11-18 | Price change | $1,590,000 |
| 2022-09-27 | Price change | $1,625,000 |
| 2022-09-14 | Listed for sale | $1,750,000 |
| 2022-08-27 | Listing removed | -- |
| 2022-08-03 | Listed for sale | $1,750,000 |
| 2020-11-25 | Sold | $670,000 |
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