518.5+/- Acre Pennington County, SD Land Auction in 2 Tracts

518.5+/- Acre Pennington County, SD Land Auction in 2 Tracts

June 25^th at 10:00am MT

Rapid City Elks Lodge #1187, 3333 Jolly Lane - Rapid City, SD 57703 

Live auction with online bidding

Entire Farm Description:

Nestled in the scenic foothills near Hermosa, this exceptional 518.5± acre ranch in Pennington County presents a rare opportunity to own a well-equipped Black Hills area property with a blend of productive pastureland, functional improvements, reliable water infrastructure, and outstanding build potential. Divided into two tracts and located just minutes from Highway 79, the property offers the ideal balance of rural privacy and convenient access to Rapid City, making it well-suited for cattle operations, recreational use, or a future rural retreat.

Distances to nearby communities are approximate: Hermosa is located approximately 6 miles from the property. Rapid City is approximately a 15-minute drive north and offers access to shopping, medical facilities, and regional airport services. Custer is located approximately 30 miles southwest.

Tract 1 Description: 398.1± Acres

Tract 1 consists of approximately 398.1± acres and is improved with a residence and multiple outbuildings that support agricultural use. The land is primarily pasture with a mix of rolling hills and draws. The acreage is fenced and cross-fenced to support livestock management. Several cattle tanks and hydrants are in place, along with a shallow well on the north end of the property that operates on a float system. Black-pipe infrastructure distributes water to tanks, and a separate well system serves hydrants near the corrals.

The residence, constructed in 1980, is 2,396 square feet and has seen updates, including new LP siding installed in 2024 and a metal roof. The home includes three bedrooms and two bathrooms. Utilities have been maintained, and a radon mitigation system has been installed. Water is supplied by a well and cistern system. Appliances are included with the sale. The basement features a large utility sink and a kitchenette area, providing additional functional space. Windbreak made up of mostly cedar trees near the home. Views of the Black Hills, including the Harney Peak area, are visible from the property.

Outbuildings on Tract 1 include a pole barn with electrical, partial concrete flooring, and a workbench area, great for a workshop or for storing large equipment. A three-car garage with metal siding and a roof sits on a concrete floor and has electrical. Additional buildings include a livestock barn with stalls, corrals and a small tack room, a small metal garden shed with a concrete floor, and a designated garden area with a nearby hydrant. A crab apple tree is located within the yard area.

Tract 2 Description: 120.4± Acres

Tract 2 includes approximately 120.4± acres and offers access from Dewey Lane. This tract has historically been used for grazing and includes a stock pond, partially fenced and terrain suitable for livestock use. The topography allows for potential building locations. This tract has views of the surrounding Black Hills landscape. All information is deemed reliable but not guaranteed. Buyers should verify all details, including acreage, water systems, and permitted uses.

CRP Acres/Payment: No CRP

Taxes:  Prorated to date of close

Lease Status:  Open Tenancy for 2026 crop year

Possession:  Immediate possession subject to the current tenant's rights for 2026

Survey Needed?:  No survey needed

Brief Legal:  518.5± acres E ½ S4 T2S R8E, W ½ NW ¼ S3 T2S R8E, N ½ and SE ¼ S9 T2S R8E Pennington SD

PIDs:  0016271, 0016273, 0016269, 0016291

Lat/Lon:  43.89385, -103.1615

Zip Code: 57744

Terms of Sale

• Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
• Onsite bidders should bring a government-issued ID
• 10% down payment immediately after auction - cash, personal, or business checks accepted
• If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
• High bidder has 30 days to close unless otherwise noted
• Announcements on auction day will take precedence over any prior announcements
• This is a no contingency sale and is not subject to financing or additional inspections
• Possession at closing, subject to tenant’s rights, if any
• If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
• All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Sale Day Notes Info:

• BUYERS PREMIUM: No buyer’s premiums or internet fees
• TAXES: Prorated to date of close
• TENANCY: Open tenancy for 2026
• RENTS: No rents due
• MINERALS: Seller-owned rights will convey
• CLOSING COSTS: Split 50/50, seller pays state Doc Tax stamp

Licensing

Ranch & Farm Auctions, LLC  LIC15136,

Broker, Jason R Schendt SD LIC #16828

Cody Lowderman Auc Lic RE17883

Ashley Kurtenbach, Whitetail Properties Agent/Land Specialist, 605.201.9333

FSA Packet