Property Location: The property is located ½ mile west of the City of Lead SD

Property Directions: On the north edge of Lead, SD; US HWY 14A, take Cutting Mine Rd west approximately 1 mile to the property. 

The nearest town to the Cutting Mine Property is Lead, SD nestled in the northern Black Hills. Lead’s population is approximately 3,000. Though small, the community boasts a heavy tourist industry, rooted in the region’s historical gold mining industry of the 1800’s. There is shopping, fine and casual dining and sightseeing of the many local attractions. Lead is currently the home of Sanford Underground Research Facility that draws worldwide attention. Four miles up the road is historic Deadwood, South Dakota, home of legendary figures, historical shootouts and gaming halls!

The Black Hills is home to multiple natural beauties and attractions including Mount Rushmore, Custer State Park, Black Elk Peak, Sylvan Lake and many more. The area offers many recreational opportunities including hiking, fishing, hunting, ATV riding, golfing and during the winter months snowmobiling and skiing.

Rapid City is located 45 miles southeast of Lead. Air services are found in the nearby towns of Spearfish and Sturgis. Regional flight services are available within an hour drive at Rapid City Regional Airport with direct flights to over twenty major markets.

The property is accessible by Cutting Mine Road. There is a shared access easement with the neighboring land ownersalong Cutting Mine Rd which ensures access along the length of the road.

Single phase and three phase power is nearby along with natural gas and fiber optics.

Deadwood Creek flows along the entire north boundary of the property and numerous springs pool water and flow through the property along Rutabaga Gulch and it’s tributaries. There is also a large flowing spring located at the old Cutting Mine entrance.

The property includes the original Cutting gold mining site, however, this has not been in production in recent years but provides the buyer with a treasure of opportunity including mining, logging, residential or vacation development and a myriad of potential endeavors.

The property is timbered and rugged with many aspen filled draws. Deadwood Creek makes the north boundary along much of the property. and Rutabaga Gulch with its tributary forks extend through parts of the property.

Whitetail and Mule-deer are the most prominent wildlife on the property and can be seen in abundance. Other species include Elk, coyote, bobcat, raptors and others common to the region. This property meets (and exceeds) the 240-acre size criteria for Landowner preference for Elk tags through SDGFP!!

The property is largely unimproved and provides an unparalleled opportunity for residential development, vacation cabins or private sporting enclave and provides the buyer with a treasure of opportunity including logging, residential or vacation development and a myriad of potential uses.

The Cutting Mine Mountain View Property sells with 100% of mineral rights intact and transferring with title. Seldom is the opportunity to own mineral rights in the mineral rich area surrounding the home of the former Homestake Gold Mine!

Black Hills Power Inc. will retain an Electric overhead/underground access and utility easement along the existing transmission and power lines.

The Cutting Mine – Deadwood Creek property is zoned Park Forrest and is platted into 19 mineral lodes each allowing a building permit with no further platting required.

There are no leases currently encumbering the property.

The real estate taxes are currently centrally assessed and will be reassessed upon transfer of title. South Dakota has one of the friendliest tax environments in the nation with NO individual or capital gain income tax, no estate taxes and tax breaks for seniors. For business it is one of the most business friendly with a less burdensome regulatory environment, no personal property or inventory tax. For Trusts; SD has robust privacy and asset protection laws, allows “Dynasty” trusts, does not tax capital gains and does not require residency to establish trusts.

Mineral Survey #1685 and #1702 in Sections 30 & 31 all in T5N, R3E, BHM, Lawrence County, South Dakota. Complete legal description shall be derived from the Schedule A of commitment for title insurance.