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11935 Lone Elk Dr, Hot Springs, SD, 57747

2beds
2baths
2,608sqft
$1,400,000
$537price/sqft
$9,052/moest. monthly cost
$362,080/yrincome needed

About This Home

COUNTRY LIVING AT ITS FINEST! A SLICE OF HEAVEN IN THE BLACK HILLS Escape the hustle and bustle and experience peaceful living with this beautiful custom log-style home on 28.95 acres in the tranquil Lone Elk Subdivision, just south of Custer and Pringle, South Dakota. This property features five individual parcels for a total of nearly 29 acres-plenty of space for privacy, recreation, or future dreams. The home's warm and inviting interior combines log and Southwest-inspired finishes, complemented by three propane fireplaces for cozy nights in. The open, light-filled floor plan showcases breathtaking views in every direction, with a spacious master suite, comfortable guest bedroom, and a loft that offers a versatile third sleeping area. Wrap yourself in nature with a full wraparound deck, perfect for morning coffee, stargazing, or simply soaking up the quiet beauty of the Black Hills. Practicality meets charm with stone veneer accents, a paved driveway, attached two-car garage with workshop, and a second detached two-car garage for extra storage. Water is provided by the Southern Black Hills Rural Water Association, and a cistern is also in place if desired.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

7/10
Custer Elementary - 02Grades K-617.8 mi
8/10
Custer Middle School - 05Grades 7-817.8 mi
5/10
Custer High School - 01Grades 9-1217.8 mi

Construction

Condition

  • Year built: 1991

Materials

  • Roof: Metal
  • Construction materials: Frame,Log

Type & Style

  • Home type: SingleFamily
  • Property subType: Site Built

Interior

Appliances

  • Appliances included: Refrigerator,Electric Range Oven,Washer,Dryer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s),Ceiling Fan(s),Den/Study,Office
  • Window features: Window Coverings(Some)
  • Flooring: Carpet,Wood,Tile,Vinyl,Laminate
  • Number of fireplaces: 3
  • Fireplace features: Three,Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Propane
  • Cooling features: None

Interior Area

  • Total structure area: 2,608
  • Total interior livable area: 2,608 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 006549
  • Other equipment: Satellite Dish

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open Deck,Covered Deck
  • Exterior features: Storage
  • Has view: Yes
  • Horses can be raised: Yes

Lot

  • Lot size: 28.95 Acres
  • Features: Few Trees,Views,Irregular Lot,Lawn,Rock,Trees,Horses Allowed,View

Parking

  • Total spaces: 2
  • Parking features: Two Car,Attached,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Cold Wave
Hail
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters in Custer County and South Dakota

Fire
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 $7,079$84,948
Home Insurance $932$11,184
Property Taxes $842$10,104
Electricity $199$2,390
Total$9,052$108,624

Income You'd Need if You Spent...

35% on housing$310,354/yr
40% on housing$271,560/yr
45% on housing$241,386/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: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 9.6%
9.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$537This listing

vs Other Active Listings

Avg $/sqft

ZIP 57747$183
Custer County$212

vs Homes Sold Last Month

Median $/sqft

ZIP 57747
Custer County$240

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
2026-03-21Price change$1,400,000
2025-10-30Price change$1,500,000
2025-09-09Listed for sale$1,600,000

For Sale by Agent

AgentPhil Lampert
BrokerageLampert Properties

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