228 N Valley Dr, Rapid City, SD, 57703
About This Home
Listed by Michelle Chenoweth eXp Realty and Jeni Lemon 605.801.0626 * $15,980 Builder Incentive Available! Welcome to 228 N Valley Dr in Rapid City's desirable Shepherd Hills community. This beautifully designed new construction home offers 3 bedrooms, 2 bathrooms, and a 2-car garage with a thoughtfully planned layout that combines comfort, style, and functionality. The open-concept floor plan seamlessly connects the living room, dining area, and kitchen, creating the perfect space for everyday living and entertaining. The kitchen features granite countertops, under-cabinet lighting, stained cabinetry, brushed nickel fixtures, and a modern Cloud interior color palette. The private owner's suite provides a relaxing retreat with a spacious layout and en-suite bathroom. Enjoy attractive curb appeal with Iron Gray siding, Pewter accent siding, and coordinating gray shingles. Conveniently located near shopping, dining, schools, healthcare, and all the outdoor recreation the Black Hills has to offer. Don't miss this opportunity to own a quality new home in one of Rapid City's growing communities.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Poured Concrete Fd.
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Site Built
Interior
Appliances
- Appliances included: Dishwasher,Gas Range Oven,Microwave
- Laundry features: Main Level
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Vaulted Ceiling(s),Walk-In Closet(s),Ceiling Fan(s),Granite Counters
- Flooring: Carpet,Vinyl
- Number of fireplaces: 1
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Refrig. C/Air
Interior Area
- Total structure area: 1,214
- Total interior livable area: 1,214 sqft
Property
Features
- Patio & porch: Porch Covered,Open Patio
Lot
- Lot size: 0.25 Acres
- Features: None
Parking
- Total spaces: 2
- Parking features: Two Car,Attached,Garage Door Opener
- Has garage: Yes
- Attached garage 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
- Cold Wave
- Hail
- Lightning
- Winter Weather
- Ice Storm
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 | $2,020 | $24,240 |
| Home Insurance | $223 | $2,676 |
| Property Taxes | $332 | $3,984 |
| Electricity | $146 | $1,755 |
| Total | $2,721 | $32,652 |
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 |
|---|---|---|
| 2026-07-08 | Price change | $399,500 |
| 2026-06-03 | Listed for sale | $406,500 |
| 2025-12-16 | Listing removed | $407,250 |
| 2025-11-26 | Listed for sale | $407,250 |
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