$10,000 Closing Credit¹
#80683, Listing Office: Great Peaks Realty
$1,150,000 List price
821 N Rainbow Rd Spearfish, SD 57783
$10,000
Closing credit¹
4 beds
2 full, 1 partial
2,000 sqft
2.0 acres
$575 / sqft
House
Property details
About 821 N Rainbow Rd
Welcome to your peaceful retreat! This four bedroom, three bath home is nestled on two beautifully maintained acres right outside of Spearfish. You will find three bedrooms on the main floor and a lofted bedroom and half bath on the upper level. Step outside and enjoy the wide open yard, mature trees, and plenty of room for gardening, entertaining or just soaking in the quiet of country living. The large basement is just waiting to be transformed into the perfect space for you. The true standout is the impressive 60x60 Morton Building, ideal for hobbies, storage, or business use. This one of a kind shop features overhead heating, floor drains, commercial grade garage doors, 16 feet side walls, 200 amp panel, large multi function office with full bathroom and a loft that could be used for just about anything! . This property combines rural tranquility with easy access to amenities. If your dreaming of a mini farm, home business or just extra space to breath, this one has it all!
Highlights
Home typeSingle Family Residence
HeatingPropane
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,000 sqft
BasementYes
Lot size2 Acres
Year built1980
ParkingFour or More Car
MLS #84599
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Basement: Yes
- Interior: Carpet, Tile Floors, Sump Pump, Garage Door Opener
- Total Bedroom Count: 4
- Parking: Four or More Car
- Architectural Style: 1.5 Story
- Heating: Propane
- Cooling: Central Air
- List Price: $1,150,000
- Price/SqFt: $575
- Annual Tax Amount: $3,016
- Tax Year: 2024
- Directions: From Spearfish, East on Colorado Blvd. Turn left on Rainbow Rd. Home will be on the left side of the road.
- Year Built: 1980
- Living Area: 2,000 SqFt
- Lot Size: 2 Acres
- MLS Number: 84599
- Office Name: RE/MAX In The Hills
- Office Phone: (605) 642-2500
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 9:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
821 N Rainbow Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $444,180 | $3,016 |
| 2022 | $264,010 | $2,934 |
| 2019 | $244,010 | $2,863 |
| 2018 | $242,750 | $2,850 |
| 2017 | $242,750 | $2,852 |
History based on county public records data.
Nearby schools
5
Creekside Elementary - 07
Public District 3-5
4.7 mi
•2325 North Ave
8
Whitewood Elementary - 04
Public District PK-6
6.8 mi
•603 Garfield St
4
Lead-Deadwood Elementary - 03
Public District KG-5
7.9 mi
•716 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,421. The majority of Spearfish, SD residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
54%
35k-100k
21%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
7%
Single, with Kids
44%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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$10,000 Closing Credit¹
#80711, Listing Office: Great Peaks Realty
Frequently asked questions
Living in Spearfish, SD
Transportation in Spearfish includes a network of well-maintained roads and highways that connect residents to nearby cities and attractions. Public transportation options are available, with schedules that cater to the needs of the community. The town's layout promotes walkability in several areas, particularly in the downtown district, and there are bike-friendly routes for cycling enthusiasts. While specific ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.
The community is served by a number of public schools, offering education from elementary through high school levels, as well as a local university that contributes to the educational and cultural life of the town. Healthcare services are available, with facilities providing a range of care including primary and urgent care. Spearfish also features a public library, a variety of retail shops, and dining options that reflect the local culture. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing services to accommodate growth and demographic shifts.
Spearfish is celebrated for its scenic beauty and outdoor recreational opportunities, including the nearby Black Hills National Forest. The community prides itself on a friendly, small-town atmosphere that is both welcoming and vibrant. Annual events like the Spearfish Canyon Half Marathon and the Downtown Friday Nights showcase the town's active lifestyle and commitment to community engagement.
Spearfish offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in Spearfish vary, with a mix of modern, ranch-style, and traditional homes. The housing market is dynamic, with a blend of historic homes and newer constructions that cater to a range of preferences. The homeownership rate in Spearfish is robust, reflecting a community invested in long-term residency.
About 821 N Rainbow Rd
The listing price of 821 N Rainbow Rd property is $1,150,000.
The property 821 N Rainbow Rd is a house located in Spearfish, South Dakota, 57783.
Active Listing: 821 N Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 821 N Rainbow Rd are: Creekside Elementary - 07 (GreatSchools Rating 5/10), Whitewood Elementary - 04 (GreatSchools Rating 8/10), Lead-Deadwood Elementary - 03 (GreatSchools Rating 4/10), Spearfish Middle School - 05 (GreatSchools Rating 6/10), Lead-Deadwood Middle School - 02 (GreatSchools Rating 6/10), Belle Fourche Middle School - 07 (GreatSchools Rating 4/10), Spearfish High School - 01 (GreatSchools Rating 7/10), Lead-Deadwood High School - 01 (GreatSchools Rating 4/10), Belle Fourche High School - 01 (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $3,016 (source: MLS/based on county public records data).
The property at 821 N Rainbow Rd has 4 bedrooms and 2 full and 1 half bathrooms.
The property 821 N Rainbow Rd is 2,000 SqFt (source: MLS/tax record).
The year of construction for 821 N Rainbow Rd is 1980.
This home is located at 821 N Rainbow Rd in Spearfish, SD and zip code 57783. This 2,000 square foot home, which was built in 1980, sits on a 2.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $1,150,000.
Spearfish, SD housing market in April 2025 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 7 sold below. Between March and April 2025, Spearfish, SD real estate market has seen increase in the number of listings by 21.4%.
From Rocket Homes Real Estate and based on county public records data.