




123 1/2 Stone St, Lead, SD, 57754
About This Home
Step into a piece of Lead history. Built in 1896, this beautifully maintained 3-bedroom, 2.5-bath home blends original period character with thoughtful modern updates throughout its 2,068 square feet. Colonial Revival details features throughout the home, including the ornate columns on the covered front porch, shaded by a fully enclosed sun room on the second story. Rich architectural detail, soaring 10 foot ceilings, generous room proportions, and a layout that honors the home's late-19th-century roots make this a rare find in the Northern Black Hills. Attached to the main residence, an additional 1,500 square feet of unfinished space awaits your vision, ideal for expanded living area, office, studio, or extra storage. Outside, you'll find a private oasis filled with native plants and perennials, making this low-maintenance Trex deck and yard a true retreat with views of downtown Lead just blocks away. The true showstopper sits beside the home: a massive 7,500 square foot garage, with a main and lower level, currently generating rental income, with room to grow that revenue further. A one-of-a-kind opportunity to own history and cash flow in the same address. Listed by Madison (Reeves) Shipman, Valente Realty (605) 569-9019.
Getting Around
Schools
Construction
Condition
- Year built: 1921
Materials
- Roof: Composition,Metal
- Construction materials: Frame,Other
Type & Style
- Home type: SingleFamily
- Property subType: Site Built
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Gas Range Oven,Microwave,Washer,Dryer,Water Softener Owned
- Laundry features: Upper Level
Basement
- Basement: Crawl Space,Unfinished
Bedroom2
- Level: Upper
- Area: 165
Bedroom3
- Level: Upper
- Area: 104
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: Main
- Area: 130
Features
- Ceiling Fan(s),Sun Room
- Flooring: Wood,Tile
- Number of fireplaces: 1
- Fireplace features: One,Electric
- Fireplace: Yes
Heating
- Heating features: Natural Gas
Interior Area
- Total structure area: 2,068
- Total interior livable area: 2,068 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
- Area: 247
Master Bedroom
- Level: Upper
- Area: 156
Property
Details
- Parcel number: 310900330004000
Features
- Levels: Two Story
- Stories: 2
- Patio & porch: Porch Open,Porch Covered
Lot
- Lot size: 0.34 Acres
- Features: Trees
Parking
- Total spaces: 4
- Parking features: Four or More Car,Detached,Other
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Winter Weather
- Hail
- Strong Wind
- Cold Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Lawrence 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 | $2,017 | $24,204 |
| Home Insurance | $199 | $2,388 |
| Property Taxes | $342 | $4,104 |
| Electricity | $157 | $1,895 |
| Total | $2,715 | $32,580 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Listed for sale | $399,000 |
| 2026-08-13 | Contingent | $399,000 |
| 2026-07-29 | Listed for sale | $399,000 |
| 2025-07-21 | Listing removed | $499,000 |
| 2025-06-18 | Price change | $499,000 |
| 2025-06-11 | Price change | $549,500 |
| 2025-06-04 | Price change | $560,000 |
| 2025-05-27 | Listed for sale | $575,000 |
| 2025-05-12 | Listing removed | $599,000 |
| 2025-05-05 | Price change | $599,000 |
| 2025-02-02 | Listed for sale | $639,000 |
| 2021-10-27 | Listing removed | $320,000 |
| 2021-09-25 | Listed for sale | $320,000 |
