Property Location:  15735 232ND Street, New Underwood, South Dakota 57761 

The Hakola Ranchette is ideally located for privacy and easy access to the surrounding communities. It also has stunning views of the Black Hills as well as Thompson’s Butte and the Badlands. It is located in Central Pennington County, South Dakota, between New Underwood and the unincorporated community of Caputa. New Underwood is located 8 miles to the Northeast of the property, and is home to approximately 590 residents plus a K-12 public school. Caputa is located 7 miles Southwest of the property and has a population of approximately 32. Both communities are economically rooted in agriculture and tourism. 

Rapid City, a 25-minute commute to the west, is the second largest city in SD. The “City of Presidents” offers a generous mix of shopping, fine and casual dining medical facilities and industry. Rapid City boasts a thriving main street full of local shops and restaurants, historic hotels, Universities, Ellsworth Air Base and so much more. Regional flight services are available at the Rapid City Regional Airport with direct flights to over twenty major markets. 

The Hakola property is within an hour of several local natural attractions such as the Black Hills and the Badlands. The area holds an exciting mix of recreational and cultural experiences as the area continues to be a popular destination of choice for tourist and retirees alike. Mount Rushmore and Crazy Horse Monuments are nearby as well as Rushmore Cave, Custer State Park, Black Elk Peak, Sylvan Lake and many more local attractions. Recreational opportunities include, hiking, camping, fishing, winter sports, ATVs and hunting and fishing. As population increases in the region this property will be more conveniently located than ever. 

The topography of the Hakola property is the perfect mix of gentle rolling hills and level farmland.

Water service is provided via an owned private well.

Access to the property is available via a county-maintained gravel road to 161 and then only 7 miles to the town of New Underwood and I90 access. Equally distanced to Hwy 44 for easy access to the airport and Rapid City.

• 3,296 sqft. 4 bed, 2 bath barn to home conversion. *Provision for 3^rd bath. Conversion began in 2022 and completed in 2025.

  • Roof – Schedule 40 metal roof

  • Insulation – spray foam insulation throughout (includes vapor barrier under the floor slab).  Interior walls have fiberglass insulation.

  • HVAC – Geothermal system with 2 zones (one for ground floor bedrooms and bathrooms, second for the main living areas and upstairs bedrooms). Capacity present to add one more pump/circuit for an additional buildings in floor heat, e.g. garage.

  • Water – Water test is clean, but very mineral rich. New pressure tank for well in 2021, top of the line Water Tree treatment system and additional whole house filter. Rheem Marathon water heater, Geothermal system can be routed to heat water as well.

  • Septic – conventional and sized correctly for a 4-bedroom home.

• 576 sqft shop, 100A service with RV hookups, water access and built in workbench with stainless steel surface

• 1,000 sqft building utilized for storage with cellar, 60A service

80 acres with NO COVENANTS, currently utilized as hay production and recreation land.

Mule deer, whitetail deer and antelope frequent the property, as well as turkey, grouse, and rabbits.

• 400 amp electrical service provided by West River Electric.
• All electrical service is underground.
• The transformer on the property is also new as of 2024.
• Water is available at each structure.
• 20A circuits were used for receptacles.
• 400A service to home
• 100A service at shop with RV outlets
• 60A at storage building

Real Estate Taxes for 2024 are $3,442.16.

Tract 1 – Township 1 North, Range 10 East, BHM, Pennington County, South Dakota

• Successful bidders shall enter into a purchase agreement and deposit 15% nonrefundable earnest money with the balance due in certified funds upon closing, on or before June 24, 2025.
• In the event that Tract 1 and Tract 2 sell to separate buyers, a utility/access easement shall be drafted in order to provide access to Tract 2 along the Western boundary of Tract 1.
• Property sells without buyer contingency of any kind. Have financial arrangements secured prior to bidding.
• Marketable title will be transferred by Warranty Deed, subject to easements, restrictions, covenants and/or reservations. A commitment for title insurance will be available for inspection prior to the auction.
• A Pennington County inspection has been completed.
• All 2024 and prior years taxes will be paid by Seller. The 2025 real estate taxes will be prorated to the date of closing.
• Auctioneers, Brokers and their associated staff represent the Seller’s interest in this transaction.
• All information has been derived from sources deemed reliable; however, neither Seller nor the Auctioneers/Brokers are making any representations or warranties, actual or implied.
• Property selling “As-is where is”. Inspect to the extent deemed necessary both on and off premises and use your own judgement when bidding.
• Announcements made at auction take precedence over any prior printed or oral representations.