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1348 Panorama Cir, Rapid City, SD, 57701

6beds
3baths
4,664sqft
$1,175,000
$252price/sqft
$8,156/moest. monthly cost
$326,240/yrincome needed

About This Home

This remarkable home showcases sweeping panoramic views of the Black Hills and city skyline, offering a rare blend of prestige, privacy, and scenery. Designed to capture the surrounding beauty from nearly every angle, this impressive 5,200 sq.ft. ranch-style home features 6 bedroom, 3 bathrooms, and expansive living areas filled with natural light. This home was designed to make the most of its spectacular surroundings. The 27x11 sunroom provides the perfect setting to enjoying your morning coffee, entertaining or unwinding at the end of the day, the panoramic vistas create a backdrop that is simply unforgettable. The spacious kitchen serves as the heart of the home, offering abundant workspace, generous storage, and seamless flow into the dining and living areas. The walkout basement expands your living and entertaining options with a dedicated billiards room perfect for game nights, hosting guests, or creating unforgettable memories. Whether you're a car enthusiast, or simply value additional storage, the 4- car garage provides the space and versatility to fit your lifestyle. If you have been searching for a home that combines exceptional views, generous living space, and endless opportunities to entertain, this is one you won't want to miss.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
9/10
5/10
Stevens High School - 42Grades 9-124.0 mi

Construction

Condition

  • Property condition: Completed
  • New construction: Yes
  • Year built: 1992

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Walk-Out Access

Bathroom

  • Features: Shower Only,Shower and Tub,Walk-In Closet(s)

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Breakfast Nook,Formal

Features

  • Flooring: Carpet,Hardwood,Laminate,Tile
  • Number of fireplaces: 2
  • Fireplace features: Insert Unit
  • Fireplace: Yes

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 5,204
  • Total interior livable area: 4,664 sqft

Property

Details

  • Parcel number: 3723402004

Features

  • Has spa: Yes
  • Spa features: Shower and Whirlpool Tub
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Hills,Neighborhood

Lot

  • Lot size: 1.38 Acres
  • Features: Rolling Slope,Interior Lot

Parking

  • Parking features: Attached,Detached,Four or More
  • Has garage: Yes
  • 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

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Wildfire
    WildfireRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Hail
Ice Storm
Wildfire
Tornado

FEMA Declared Disasters in Pennington County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $5,941$71,292
Home Insurance $824$9,888
Property Taxes $1,035$12,420
Electricity $356$4,275
Total$8,156$97,872

Income You'd Need if You Spent...

35% on housing$279,634/yr
40% on housing$244,680/yr
45% on housing$217,493/yr

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.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$252This listing

vs Other Active Listings

Avg $/sqft

ZIP 57701$180
Pennington County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 57701$187
Pennington County$202

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

DateEventPrice
2026-07-16Price change$1,175,000
2026-06-09Listed for sale$1,225,000
2026-05-29Listing removed$4,600
2026-05-22Price change$4,600
2026-05-10Price change$4,700
2026-05-07Price change$4,800
2026-04-19Listed for rent$5,000
2021-06-17Sold$749,000
2021-04-11Pending sale$749,000
2021-04-06Listed for sale$749,000

New Construction

AgentYANNI GEORGAS
BrokerageRE/MAX RESULTS

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