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616 Rio Drive

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$2,799,000

Spearfish, SD

37.97± Total Acres

SIZE & DESCRIPTION

Rarely does an opportunity arise to own nearly 38± acres on the highly coveted waters of Spearfish Creek. Combining a beautifully maintained custom home, year-round live water, abundant wildlife, exceptional privacy, and future development potential, 616 Rio Drive represents one of the most unique offerings to reach the Spearfish market in recent years.

Privately tucked behind a custom overhead entrance and accessed by paved roads, this remarkable estate has been owned and meticulously cared for by the same family for more than 30 years. Situated just minutes from Spearfish, the property offers the perfect balance of convenience, seclusion, and natural beauty.

The crown jewel of the property is Spearfish Creek itself. Unlike many creek-front properties, the creek flows directly through the acreage, creating a private sanctuary of flowing water, mature trees, abundant wildlife, and unmatched tranquility. Fish, ducks, whitetail deer, and countless other species thrive along the creek corridor, creating a setting that feels worlds away while remaining only ten minutes from downtown Spearfish.

IMPROVEMENTS

The beautifully constructed 4,840-square-foot residence was thoughtfully designed to maximize both comfort and the spectacular surroundings. Featuring 5 bedrooms and 4 bathrooms (with 4 of the bedrooms having walk in closets), the home offers generous living spaces, open beam construction, and timeless craftsmanship throughout. Granite countertop islands anchor the kitchen and gathering areas, while two jetted tubs provide luxurious comfort after a day spent enjoying the Black Hills.

Large windows frame stunning views of the surrounding landscape, bringing the beauty of the outdoors into every season. The home’s full walkout basement creates a seamless transition between indoor and outdoor living. An expansive deck overlooks the creek and backyard from the main level, while a massive lower-level patio provides the perfect space for entertaining family and friends or simply enjoying the peaceful sounds of flowing water.

There is income potential with the fully finished walkout basement adds tremendous versatility and value to the property. Complete with a full kitchen, laundry rooms, spacious living area, and direct patio access, the lower level is ideal for:

• Multigenerational living

• Extended family accommodations

• Private guest quarters

• Executive retreat space

• Long-term rental opportunities

• High-end Airbnb or vacation rental use

With its year-round creek frontage, abundant wildlife, Black Hills views, and close proximity to Spearfish, the property offers many of the amenities sought by luxury vacation rental guests. Additional accommodations include a detached two car garage, ample parking for numerous vehicles, and a 30-amp and a 50-amp RV sites with access to septic system.

Whether you’re seeking the ultimate retirement retreat or the perfect place to raise a family, 616 Rio Drive offers a lifestyle that is increasingly difficult to find. You will appreciate the privacy, peaceful creek setting, wildlife viewing, and easy access to the amenities of Spearfish while benefiting from the property being zoned agriculture. Imagine enjoying your morning coffee overlooking the creek, watching deer move through the willows, and ending each day with the sounds of flowing water just outside your door.

You will discover a property where lasting memories are made. Nearly 38± acres provide room to explore, fish, observe wildlife, and enjoy the outdoors right from home. The property welcomes horses and other farm animals with pasture grazing opportunity. The spacious residence offers room for gatherings, holidays, and multiple generations to enjoy together. This is more than a home—it’s a place where memories are created and shared for generations.

Rarely does an opportunity arise to own nearly 38 acres on the highly coveted waters of Spearfish Creek. Combining a beautifully maintained 5 bed, 4 bath custom home, year-round live water, abundant wildlife, exceptional privacy, and future development potential, 616 Rio Drive represents one of the most unique offerings to reach the Spearfish market in recent years. Privately tucked behind a custom overhead entrance and accessed by paved roads, this remarkable estate has been owned and meticulously cared for by the same family for more than 30 years. Situated just minutes from Spearfish, the property offers the perfect balance of convenience, seclusion, and natural beauty. The crown jewel of the property is Spearfish Creek itself. Unlike many creek-front properties, the creek flows directly through the acreage, creating a private sanctuary of flowing water, mature trees, abundant wildlife, and unmatched tranquility. Fish, ducks, whitetail deer, and countless other species thrive along the creek corridor, creating a setting that feels worlds away while remaining only ten minutes from downtown Spearfish.

UTILITIES

Electricity- Black Hills Energy

Gas/Propane – Olson Propane

Communications – Cell Phone Coverage

Internet – Satellite provider

Television – Satellite provider

Water - private well

Sewer – septic system

MINERAL RIGHTS

All mineral rights associated with the 616 Rio Drive owned by the Sellers, if any, will transfer to the Buyer at closing.

REAL ESTATE TAXES

The real estate taxes for 616 Rio Drive are approximately $9,457 per year.