- Status:
- ACTIVE
- MLS #:
- 179387
- Neighborhood:
- HAYWOOD ESTATES
- County:
- Pennington
- Listed By:
- MARISA WOLLMAN - OAK & KEY REALTY, LLC
Sponsoring Broker: Gregg Gohl, Hegg Realty
Listed by Marisa Wollman, Oak & Key Realty, 605-230-0016. Some places aren't just land—they're a legacy waiting to be written. Nestled between Hermosa and Keystone with frontage on Highway 40, this remarkable 40-acre parcel captures everything that makes the Black Hills special. Towering ponderosa pines, open meadows, rugged rock outcroppings, and winding draws create a landscape that feels untouched by time. Wake up to elk moving through the timber, deer grazing in the meadows, and wild turkeys crossing the hillsides. This is the kind of property where wildlife still outnumbers people and the stars shine bright enough to remind you what matters. With agricultural status already in place, abundant water available from the Madison Aquifer, and power nearby, the groundwork is set for your dream home, horse property, or private retreat. Multiple building sites offer endless opportunities to create something that can be enjoyed for generations. A person must walk the meticulously well maintained land to truly appreciate what's being offered with this property. For developers looking for a prime opportunity, or buyers seeking even more room to roam, the adjoining 10-acre parcel with a home and small horse barn is also available for purchase, creating an exceptional opportunity to own 50 contiguous acres in the heart of the Black Hills, with multiple access points to the highway. Properties like this aren't being made anymore. Forty acres of freedom, privacy, and Black Hills beauty—where the only thing missing is your story.
Highlights
- Farm
- Farm
- 40.0 Acre Lot
- 161 days on Market
-
- Acres
- 40.0
-
- Lot Features
- Rolling Slope
-
- County
- Pennington
-
- City
- Hermosa
-
- Neighborhood
- HAYWOOD ESTATES
-
- Zip Code
- 57744
-
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Look Throughout Hermosa
There are currently 8 properties available in Hermosa, with 0 under contract to close soon. Properties in the city have an average sale price of $289,925 and typically spend 94 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 1 Tbd Hwy #TRACT 40?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1 Tbd Hwy #TRACT 40.
They know farms in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1 Tbd Hwy #TRACT 40?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,248,000. We can talk through recent upgrades, potential seller motivation, how this farm compares to others in Hermosa, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1 Tbd Hwy #TRACT 40?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1 Tbd Hwy #TRACT 40 at around $7,102. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 1 Tbd Hwy #TRACT 40?
In most cases, yes. Whether 1 Tbd Hwy #TRACT 40 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hermosa's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1 Tbd Hwy #TRACT 40?
We can handle that for you. Our preferred local agent specializes in farms in Hermosa and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
1 Tbd Hwy #TRACT 40 was listed on June 05, 2026, which means it's been on the market for 161 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
1 Tbd Hwy #TRACT 40 sits on a 40.0-acre lot, which is 1,742,400 square feet.
Is 1 Tbd Hwy #TRACT 40 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the 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. Copyright ©2026 Black Hills Association of REALTORS®. All rights reserved.