TBD FAIRWAY HILLS DR Rapid City, SD 57702

    • 2.60 Acres
    • Land
    • MLS# 164981
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    Views: 75 Days On Site: 56

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    Property Details

    Business Opportunity. Seller is selling an LLC holding the remaining development rights for Vista Park Condominiums at Fairway Hills. This includes the rights to build the additional 3 condominium buildings (which includes 24 individual units and basement garage spaces in each building for a total of 72 additional units to be built) as set forth under the Master Deed of Vista Park Condominiums. The size and layout of the buildings and individual units is set forth in the Master Deed. The Master Deed covers the remainder of Block 11 of Fairway Hills PRD, as shown on the plat filed in Plat Book 34, Page 96. The purchase will be in the form of a sale and transfer of 100% membership interest in an LLC holding the development rights. Seller has confirmed with the City of Rapid City that the remaining buildings can be built but Buyer must do their own due diligence regarding current City requirements and what is permitted and required under the Master Deed.

    • General Features
      • Compensation to Buyers Agent 3%
      • Zoning High Density Residential
      • View Hills, Trees
      • Subdivision PARK WEST CONDOMINIUMS
      • ACCESS Public
      • Auction Y/N No
      • Area Southwest
      • Sale/Rent For Sale
    • Building Features
      • Electricity Electric to Lot
    • Property Features
      • ROAD SURFACE Blacktop
      • SEWER City at Site
      • SURFACE WATER None
      • Topography Level
      • TYPE OF LOT Development Property,Flat,Interior
      • WATER City (at site)
      • Number of Acres 2.6
      • LAND DESCRIPTION Interior Lot
      • Lot Size approx 2.6 acre








    57702 (Rapid City) Demographics

    46 Median Age
    119 Population Density (per sq. mile)
    55% College Educated
    $71,059 Estimated Median Income
    11,253 Estimated Total Home Owners
    3,719 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,973 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    117 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $775,000
        7/31/2023 10:08:00 AM New in Database Source: Multiple Listing Service New Value: $775,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.