Exceptional acreage offering a truly rare combination of water, wildlife, and unmatched Black Hills beauty. This remarkable acreage features multiple ponds nestled among mature aspens and pines, dramatic rock outcroppings, and is backed by USFS land for endless privacy and recreation. The spring-fed dam sits at the headwaters of Beaver Creek and is reported by the sellers to stay full year-round—perfect for floating on warm summer days, fishing and enjoying abundant wildlife including waterfowl, turtles, frogs, and annual ducklings. Fiber optics run to the lot, and major improvements are already in place, including a private well producing an impressive 32 GPM, a 400 amp, 3 wire single-phase electric meter box, 50-amp RV pedestal, and nearby hydrant. Covenants allow for vacation rentals, camping, and additional structures, making this an ideal setting for an executive or dream home with exceptional flexibility. Wildflowers blanket the property seasonally and sellers just love the dam. Purchased prior to surrounding development, the sellers were able to hand-pick the boundaries of this premier location. Properties of this caliber—especially those backed by USFS land—are extraordinarily rare. A once-in-a-lifetime opportunity to own one of the finest acreages in the southern Black Hills. Stunning in every season, the property truly glows in the fall when the aspens blaze with color.
Lot/land
Price cut: $50K (3/19)
$699,000
12355 Star Valley Dr, Custer, SD 57730
--beds
--baths
12.42Acres
Acreage
Built in ----
12.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Dramatic rock outcroppings
- 80 days |
- 375 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 10:36am
Listed by:
Andrea Ronning,
Aspen+Pine Realty
Source: Mount Rushmore Area AOR,MLS#: 87222
Facts & features
Property
Features
- Has view: Yes
- Waterfront features: Ponds/Dams
Lot
- Size: 12.42 Acres
- Features: Scattered Timber, Few Trees, Borders National Forest, Views, Part Wooded
- Topography: Rolling
Details
- Parcel number: 015712
- Zoning description: General Zoning: Residential
Utilities & green energy
- Gas: None
- Sewer: None
- Water: Well
Community & HOA
Community
- Subdivision: Star Valley Reserve
Location
- Region: Custer
Financial & listing details
- Tax assessed value: $364,200
- Date on market: 1/21/2026
- Listing terms: Cash
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,093/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Price change | $699,000-6.7% |
Source: | ||
| 1/21/2026 | Listed for sale | $749,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $364,200 +50.4% |
| 2023 | $2,857 | $242,100 |
| 2022 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 57730
Nearby schools
GreatSchools rating
- 7/10Custer Elementary - 02Grades: K-6Distance: 3.8 mi
- 8/10Custer Middle School - 05Grades: 7-8Distance: 3.8 mi
- 5/10Custer High School - 01Grades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- District: Custer
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.
Local experts in 57730
- South Dakota
- Custer County
- Custer
- 57730
- 12355 Star Valley Dr




