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21172 Last Chance Trail, 
Lead, SD 57754

$939,000


5

Beds


4

Baths


2,730

Sq Ft


Single Family

Active

Listed by

Jonathan Mehlhoff

eXp Realty

605-593-2763

Last updated:

May 18, 2026, 02:30 PM

MLS#

179086

Source:

SD BHMLS

About This Home

21172 Last Chance Trail

Experience the ultimate Black Hills Retreat with 5-bedrooms, 3.5-baths custom log cabin that perfectly balances rugged mountain charm with refined craftsmanship. Nestled in the highly coveted Terry Peak Ski Resort area, this property is far more than a scenic getaway; it is a proven, turn-key investment with an impressive rental history and exceptional overall performance. Designed for those who value both quality and comfort, the home’s layout is optimized for hosting and guest experience, ensuring it remains a favorite for vacationers year-round. The interior welcomes you with soaring vaulted ceilings, rich wood finishes, and an open-concept floor plan that invites effortless entertaining. A floor-to-ceiling stone gas fireplace serves as the dramatic centerpiece of the grand living area, while the kitchen—outfitted with premium finishes—flows seamlessly into the light-filled great room. Large windows frame breathtaking views, creating a serene backdrop for every meal and gathering. The accommodations are equally impressive, featuring a luxurious primary suite and four additional generously sized bedrooms, including a spacious loft and a fully finished walk out lower level with a secondary family room. The outdoor living spaces further elevate the experience, with an expansive rear deck and a covered front balcony. Meticulously maintained and offered fully furnished, this cabin is a rare, move-in-ready opportunity to own a piece of the Black Hills with built-in equity and a ready-to-go business model. Whether you are looking for a premier private sanctuary or a high-performing short-term rental, this exceptional property delivers on every front. Schedule your private tour today to witness this mountain masterpiece in person.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 2010

Price Summary

939,000

$343 per Sq. Ft.

MLS #:

179086

Last Updated:

May 18, 2026, 02:30 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

3

Interior

Living Area:

2,730 Sq. Ft.


Structure

Structure

Building Area:

2,730 Sq. Ft.

Year Built:

2010


Lot

Lot Size (Sq. Ft):

20,473


Finances & Disclosures

Finances

Price:

$939,000

Price per Sq. Ft:

$343 per Sq. Ft.

Source:SD BHMLS
The information being provided by Black Hills Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Black Hills Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.