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4018 Canyon Lake Dr, Rapid City, SD, 57702

3beds
2baths
1,574sqft
$309,000
$196price/sqft
$2,212/moest. monthly cost
$88,480/yrincome needed

About This Home

Listed by Shauna Sheets, KWBH, 605-545-5430. Completely renovated and move-in ready, this charming ranch-style home is the perfect opportunity for buyers looking for style, comfort, and quality upgrades throughout! Nearly every surface has been updated, including fresh paint, luxury vinyl plank flooring, doors and trim, remodeled bathrooms, and a stunning kitchen featuring ceiling-height cabinetry, new countertops, and a glass tile backsplash. The bright, inviting living room is filled with natural light from oversized windows, creating a warm and welcoming space to relax or entertain. Two comfortable bedrooms and a beautifully updated bathroom complete the main level. Downstairs, the fully finished basement expands your living space with a cozy family room, a third bedroom (NTC for window size), and a second bathroom with a walk-in shower. Outside enjoy a quiet and private backyard, fully fenced in with nobody behind you! An attached covered carport keeps your vehicle protected from the elements year-round. (Newer updates also include a commercial water heater, roof, gutters and downspouts, Pella 250 windows, exterior drain tile, and foundation waterproofing to add more value and peace of mind.) If you've been searching for an affordable home where there's nothing left to do but move in, this is one - Call today!

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
55
BikeBikeable

Schools

7/10
5/10
West Middle School - 37Grades 6-80.9 mi
5/10
Stevens High School - 42Grades 9-120.6 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Site Built

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedroom2

  • Level: Main
  • Area: 108

Bedroom3

  • Level: Basement
  • Area: 88

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 72

Features

  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Refrig. C/Air

Interior Area

  • Total structure area: 1,574
  • Total interior livable area: 1,574 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main
  • Area: 144

Master Bedroom

  • Level: Main
  • Area: 130

Property

Details

  • Parcel number: 3709126008

Features

  • Patio & porch: Open Patio
  • Fencing: Chain Link

Lot

  • Lot size: 6,098 sqft
  • Features: Lawn

Parking

  • Parking features: No Garage,Carport/1 Car
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Lightning
Winter Weather
Cold Wave
Ice Storm

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 $1,562$18,744
Home Insurance $182$2,184
Property Taxes $322$3,864
Electricity $146$1,755
Total$2,212$26,544

Income You'd Need if You Spent...

35% on housing$75,840/yr
40% on housing$66,360/yr
45% on housing$58,986/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

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 57702$296
Pennington County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 57702$205
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
2026-08-10Price change$299,900
2026-07-29Price change$309,000
2026-07-16Listed for sale$322,000
2023-01-14Listing removed--
2022-12-21Listed for rent$1,750
2022-01-14Sold$135,000

For Sale by Agent

AgentShauna Sheets
BrokerageKeller Williams Realty Black Hills SP

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