Business Opportunity. Seller is selling an LLC holding the remaining development rights for Vista Park Condominiums at Fairway Hills. This includes the rights to build the additional 3 condominium buildings (which includes 24 individual units and basement garage spaces in each building for a total of 72 additional units to be built) as set forth under the Master Deed of Vista Park Condominiums. The size and layout of the buildings and individual units is set forth in the Master Deed. The Master Deed covers the remainder of Block 11 of Fairway Hills PRD, as shown on the plat filed in Plat Book 34, Page 96. The purchase will be in the form of a sale and transfer of 100% membership interest in an LLC holding the development rights. Seller has confirmed with the City of Rapid City that the remaining buildings can be built but Buyer must do their own due diligence regarding current City requirements and what is permitted and required under the Master Deed.
Property Details
Property Features
Listing Office:
Office Name: COLDWELL BANKER BLACK HILLS LEGACY
Listing Agent: BO HAUER
Exterior Features
Exterior Information:
View: Hills, Trees/Woods
Lot Features
Lot Information:
Lot: Interior Lot
Lot Size: 2.60 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $640,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rapid City, SD.
This property is $266K more than the Median Sold Price in Rapid City, SD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #164981
Listing Office:
Office Name: COLDWELL BANKER BLACK HILLS LEGACY
Listing Agent: BO HAUER
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,262
Per Month
Principal & Interest
$3,195
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,985
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Corral Drive Elementary School
3736 Corral Dr
Distance between this listing and this school0.68 miles
Public District Grades KG-5
6
/10
Meadowbrook Elementary School
3125 W Flormann St
Distance between this listing and this school1.46 miles
Public District Grades KG-5
4
/10
Canyon Lake Elementary - 04
1500 Evergreen Dr
Distance between this listing and this school2.06 miles
Public District Grades PK-5
Nearby Schools
7
/10
Southwest Middle School
4501 Park Dr
Distance between this listing and this school0.68 miles
Public District Grades 6-8
5
/10
West Middle School
1003 Sioux San Dr
Distance between this listing and this school2.37 miles
Public District Grades 6-8
3
/10
South Middle School
2 Indiana St
Distance between this listing and this school2.87 miles
Public District Grades 6-8
Nearby Schools
6
/10
Stevens High School
4215 Raider Rd
Distance between this listing and this school2.50 miles
Public District Grades 9-12
3
/10
Central High School
433 Mount Rushmore Rd
Distance between this listing and this school3.66 miles
Public District Grades 9-12
3
/10
Douglas High School
420 Patriot Dr
Distance between this listing and this school12.00 miles
The neighbors living near this home have an average income of $90,341. The majority of Rapid City, SD residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Rapid City, SD
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Rapid City, SD?
Rapid City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from ranch-style homes to split-levels and contemporary designs. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development in the city.
Is Rapid City, SD a good place to live?
Rapid City is celebrated for its proximity to natural landmarks and a vibrant cultural scene. The community prides itself on outdoor activities available in the nearby Black Hills and annual events that showcase the area's rich history and community spirit, such as the Black Hills Powwow and the Central States Fair.
Are things conveniently located in Rapid City, SD?
The community benefits from a solid educational system, with a number of public and private schools serving the area, as well as higher education institutions like South Dakota School of Mines & Technology. Healthcare services are robust, with several hospitals and clinics providing comprehensive care. Retail and dining options reflect the local culture, offering a blend of national chains and unique local businesses.
What does the transportation in Rapid City, SD look like?
Rapid City's transport infrastructure includes a network of major roads and highways, such as Interstate 90, facilitating travel and commuting. Public transportation services are available, providing residents with additional options for getting around the city. The area's walkability varies, with downtown Rapid City being more pedestrian-friendly. Ride-sharing services are operational in the city, complementing the existing transport options.
Frequently Asked Questions About TBD Fairway Hills Dr
What is the listing price of this property?
The listing price of TBD Fairway Hills Dr property is $640,000.
What type of property is this?
The property TBD Fairway Hills Dr is land located in Rapid City, South Dakota, 57702.
Is this property for sale now?
Active Listing: TBD Fairway Hills Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property TBD Fairway Hills Dr is 2.60 acres.
Interested in TBD Fairway Hills Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Fairway Hills Dr in Rapid City, SD and zip code 57702. This home sits on a 2.60 acre lot. It has been listed on Rocket Homes since July 31, 2023 and is currently priced at $640,000.
In November 2024, from all listings sold in Rapid City, SD there were more than 5 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price. In November 2024 in Rapid City, SD there were 18.4% more homes for sale than in October 2024.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. 
College Football
College Football
Soccer
PGA/LPGA
Express/Express For Men
Old Navy
Stein Mart
Sonic
Jimmy Johns
Bob Evans
Kia
GMC
Lincoln
New Country
News/Talk/Information
Adult Hits