$1,760,000

603 N River St Hot Springs, SD 57747

Estimated payment $10,458/month

Total Views 2,947
0.19 Acre
-- Price per Acre
-- Sq Ft Lot

About This Lot

A rare opportunity in the heart of Hot Springs! Red Rock River Resort is a one-of-a-kind hospitality property offering a unique blend of historic charm, lodging flexibility, event potential, wellness amenities, and added commercial opportunity. Built in 1891 with striking sandstone character, this property is ready for its next chapter—whether as a boutique destination, retreat venue, or income-producing investment. The resort features 17 guest accommodations, including a desirable two-bedroom apartment, providing excellent options for short-term rentals, extended stays, or on-site management. Designed for hosting and gatherings, the property includes a full kitchen and dedicated dining room, ideal for serving guests, groups, and events. A standout highlight is the large event center with capacity for up to 250 people, perfect for weddings, receptions, reunions, corporate events, and private celebrations. The event center also offers four attached bedrooms, adding additional lodging and convenience for event weekends. Adding to the guest experience is an on-site spa and wellness area featuring specialty spaces including a hot sand room, granite room, hot soaking tub room, and massage rooms—a rare amenity that truly sets this property apart. The property also includes available retail space, offering additional income potential and flexibility for boutique, gift shop, or guest-focused services. With additional room to grow, the basement offers exciting potential for future expansion—imagine creating a unique lounge or speakeasy-style space to elevate the guest experience even further. With lodging, event space, dining infrastructure, spa features, and expansion potential all in one location, Red Rock River Resort is a truly exceptional opportunity in Hot Springs, SD.

Listing Agent

Cheri St Pierre

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY Listed on: 02/02/2026

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY

Property Details

Property Type

  • Land

Property Views

  • City
  • Creek or Stream
  • Hills

Interior Spaces

  • 32,576 Sq Ft Home

Community Details

Property Details

Property Type

Land

Listing Details

  • Class: BUSINESS/INDUSTRY
  • Type: Accomodation
  • Lvt Date: 02/03/2026
  • View: Hills, Creek, City
  • Real Estate: Owned
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Square Foot: 32576
  • Total Square Foot Type: Over 4000

Lot Info

  • Location: Downtown, Black Hills

Multi Family

  • Number Of Units: 17

Tax Info

  • Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,752 $766,682 $51,482 $715,200
2024 $5,741 $766,682 $51,482 $715,200
2023 $6,009 $329,609 $34,288 $295,321
2022 $6,741 $766,350 $22,440 $743,910
2021 $6,831 $523,050 $22,440 $500,610
2020 $6,891 $541,920 $21,450 $520,470
2019 $7,152 $541,920 $21,450 $520,470
2018 $7,314 $494,610 $21,450 $473,160
2017 $7,334 $459,670 $21,450 $438,220
2016 -- $393,860 $13,240 $380,620
2015 -- $558,180 $13,240 $544,940
2011 -- $262,487 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2026 02/02/26 For Sale $1,760,000 -- $54 / Sq Ft
Source: Black Hills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Southern Hills Title
Source: Public Records

Source: Black Hills Association of REALTORS®

MLS Number: 177360

Black Hills Association of REALTORS®

APN: 75520-05600-026-00

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