Set just outside Hot Springs, South Dakota, this 86-acre property offers a combination of land, improvements, functionality, and scenery that is increasingly difficult to find in one location. A meadow stretches across the property and is bordered by a series of cliffs, creating a distinctive setting with open ground framed by the natural landscape. With a substantial barndominium, attached bunkhouse and garage, large horse barn, and acreage suitable for grazing, recreation, storage, or continued investment, this property provides a range of possibilities for its next owner. The main residence is a well-appointed barndominium featuring two bedrooms, two bathrooms, large walk-in closets, an open kitchen and living area, laundry facilities, and main-level living. The kitchen features custom cabinetry and leads to a spacious living area, creating a practical and excellent gathering space. Custom-colored concrete flooring extends throughout the home, while the metal roof provides a durable exterior finish. Attached to the home is a large additional living and storage area that includes four bedrooms, two of which are non-conforming, along with a unique and rustic sitting area and a substantial garage. The garage provides room for four or more vehicles, depending on configuration. The far stall has recently poured concrete, including a new concrete apron out front, providing a clean and functional space for equipment, vehicles, storage, or other uses. Plumbing has also been prepped in the far stall for the potential addition of a kitchen and additional bathrooms. A floor drain is already in place. A boiler room is located below the home, and the property includes a backup generator for the residence. Heating is provided by radiant floor heat in the main home, while the bunkhouse area has baseboard heat. Mini-split systems are installed throughout the rooms for air conditioning and individual temperature control. An on-demand water heater provides hot water to the residence. The matching horse barn is approximately 120 feet by 60 feet and offers a combination of enclosed and covered space. Approximately half of the structure is enclosed in an indoor space, while the remaining portion is open but covered. A tack room adds functionality for equine use, while the overall size provides substantial room for livestock, equipment, vehicles, recreational gear, or general storage. The acreage itself adds another dimension to the property. The meadow provides open ground suitable for grazing, while the surrounding cliffs and terrain create visual character and a sense of separation and privacy from surrounding properties. Partial fencing is already in place. The combination of open acreage, improvements, and outbuildings allows the property to be considered for a variety of uses, including agricultural purposes, equine use, recreational activities, equipment storage, or as an investment property, subject to applicable zoning, regulations, and permitting. Wildlife is also present on the property, with deer and turkeys observed in the area. The property's setting provides opportunities to enjoy the changing landscape throughout the seasons, from the open meadow and surrounding cliffs to the Black Hills environment beyond. Location is another important feature. Being just outside Hot Springs provides access to the community while maintaining a more rural setting. The property can serve as a base for exploring the surrounding Black Hills region and its many recreational opportunities. Its convenient access also makes the substantial improvements and storage capacity practical for someone looking for acreage without giving up proximity to town. For someone considering the long-term potential of land ownership, the property offers more than acreage alone. The existing residence, additional sleeping quarters, garage space, horse barn, concrete improvements, utilities, and open ground create a property with multiple functional components already in place. The combination may also appeal to an owner considering an investment property or a property intended to remain in the family for years to come, subject to individual plans and applicable regulations. As you approach the property and take in the meadow framed by cliffs, the scale of the improvements becomes apparent. The barndominium provides comfortable main-level living, while the attached additional space and oversized garage add flexibility. Beyond the residence, the large horse barn and acreage provide room for equipment, livestock, recreation, and outdoor pursuits. This 86-acre property near Hot Springs represents an opportunity to own a substantial piece of the Black Hills region with a unique combination of residential space, outbuilding, open acreage, and natural surroundings. Whether the goal is to utilize the land for grazing, equine purposes, recreation, storage, or as a long-term real estate investment, the existing improvements provide a strong foundation for a variety of plans. Location: 4.5 +/- miles from Evans Plunge in Hot Springs, near Custer, Rapid City