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For sale
  • Price cut: $400K (2/5)
    $2,100,000

    11472 Gudat Rd, Lead, SD 57754

    4beds
    3,424sqft
    : 
    Site Built
    Built in 2021
    5 Acres Lot
    $1,896,800 Zestimate®
    $613/sqft
    $-- HOA

    What's special

    Abundant storageExpansive covered porchExpansive shopThree beautifully appointed bathsNatural surroundingsRadiant in-floor heatingTwo spacious bedrooms
    Tucked away at the end of the road, this remarkable home offers rare privacy with Forest Service land bordering two sides and sweeping, serene views in every direction. The main level features two spacious bedrooms and three beautifully appointed baths, designed for comfort and easy living. Radiant in-floor heating warms both the house and the expansive shop, creating cozy luxury year-round. The shop is truly exceptional—large enough for a full pickleball court—making it ideal for recreation, hobbies, or serious workspace. Abundant storage. Above the shop, a private guest retreat includes two additional bedrooms, a bath, and a welcoming sitting room, offering visitors their own peaceful escape. Step onto the expansive covered porch, an ideal place to relax and take in the natural surroundings. Wildlife is a regular part of daily life here, with elk and other forest visitors frequently passing through. Every detail of this property blends comfort, space, and nature, creating a one-of-a-kind mountain sanctuary.
    207 days
    |
    770
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Phil Olsen,

    Olsen Real Estate

    Source: Mount Rushmore Area AOR,MLS#: 86128MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Description: 2 lavs,tile shower,2 WIC
      • Level: Main
      • Area: 240
      • Dimensions: 15 x 16
      Bedroom 2
      • Description: private
      • Level: Main
      • Area: 144
      • Dimensions: 12 x 12
      Bedroom 3
      • Description: guest quarters
      • Level: Upper
      • Area: 204
      • Dimensions: 12 x 17
      Bedroom 4
      • Description: guest quarters
      • Level: Upper
      • Area: 252
      • Dimensions: 14 x 18
      Dining room
      • Description: long bench
      • Level: Main
      • Area: 84
      • Dimensions: 6 x 14
      Family room
      • Description: wet bar, bathrooom
      Kitchen
      • Description: functional
      • Level: Main
      • Dimensions: 13 x 16
      Living room
      • Description: fireplace, great room
      • Level: Main
      • Area: 399
      • Dimensions: 19 x 21
      Heating
      • Propane, Wood/Coal, Hot Water, Radiant Floor, Fireplace(s)
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Microwave, Range Hood, Washer, Dryer, Water Filter, Freezer, Water Softener Owned
      • Laundry: Main Level, Sink
      Features
      • Wet Bar, Vaulted Ceiling(s), Walk-In Closet(s), Ceiling Fan(s), Mud Room, Game Room, Workshop
      • Flooring: Tile, Vinyl, Laminate, Stained Cement Floor
      • Windows: Vinyl, Window Coverings
      • Has basement: No
      • Number of fireplaces: 3
      • Fireplace features: Three, Free Standing, Living Room, Electric
      Interior area
      • Total structure area: 3,424
      • Total interior livable area: 3,424 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Four or More Car, Attached, RV Access/Parking, Garage Door Opener
      • Attached garage spaces: 4
      Accessibility
      • Accessibility features: Handicap Access
      Features
      • Patio & porch: Covered Patio
      • Has view: Yes
      Lot
      • Size: 5 Acres
      • Features: Bluff Site, Few Trees, Views, Borders National Forest, Irregular Lot, Lawn, Rock, Horses Allowed, View
      Details
      • Additional structures: Outbuilding, Greenhouse
      • Parcel number: 080000030316100
      • Zoning description: Lawrence County Zoning: Park Forest
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Site Built
      Materials
      • Frame
      • Foundation: Slab, Other
      • Roof: Metal
      Condition
      • Year built: 2021

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Amenities included: None
      • Services included: None
      Location
      • Region: Lead

      Financial & listing details

      • Price per square foot: $613/sqft
      • Tax assessed value: $20,040
      • Annual tax amount: $99
      • Date on market: 9/19/2025
      • Listing terms: Cash,New Loan
      • Has irrigation water rights: Yes
      • Road surface type: Unimproved
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        Estimated market value

        $1,896,800

        $1.80M - $1.99M

        $3,759/mo

        Price history

        Price history
        DateEventPrice
        2/5/2026Price change$2,100,000-16%$613/sqft
        Source: Mount Rushmore Area AOR #86128 Report a problem
        9/19/2025Listed for sale$2,500,000+108.3%$730/sqft
        Source: Black Hills AOR #175774 Report a problem
        8/2/2019Sold$1,200,000-5.9%$350/sqft
        Source: Mount Rushmore Area AOR #51888 Report a problem
        3/29/2019Pending sale$1,275,000$372/sqft
        Source: CENTURY 21 Spearfish Realty #51888 Report a problem
        3/23/2018Listed for sale$1,275,000$372/sqft
        Source: CENTURY 21 Spearfish Realty #51888 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$93 -6.8%--
        2024$99 -1.2%$20,040 +26.8%
        2023$101 -25.4%$15,800
        2022$135 -97%$15,800 +54.8%
        2021$4,524 $10,207 -98%
        2020$4,524 +1484.7%$506,360
        2019$285 $506,360 +1719.5%
        2018$285 -1.7%$27,830 -1.4%
        2017$290 -7.2%$28,230
        2016$313 +0.8%$28,230 -7.2%
        2015$310 -8.2%$30,430 -15%
        2014$338 $35,820

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $12,335/mo
        Principal & interest
        $10830
        Property taxes
        $1505
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          Climate risks

          Neighborhood: 57754

          Getting around

          0 / 100
          Car-Dependent
          3 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Lead/Deadwood

          Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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