Aspen Hills
Five to ten acre lots south of Spearfish, platted around 2000 and still two thirds unbuilt.
- Typical Lot
- 2.5 to 20 acres, median about 9.5 acres.
- Build Era
- Lots recorded 1998 to 2006
Facts checked August 2026
Aster Road, Pasque Loop, Coneflower Court. Prairie flower street names on parcels big enough that you will not be looking at a neighbor's siding: the median lot here is nine and a half acres. Three and a half miles south of Spearfish, outside the city, and quiet in the way only mostly empty ground is quiet. Two thirds of it is still bare, so this is a place you build rather than a place you shop for a kitchen, and the site work is the real budget.
Ground first, houses second
Lot recording ran 1998 through 2006, with a couple of later splits. Lots range from about two and a half acres to twenty, and the middle half sits between five and ten. That is a scale where fencing, a driveway and a water source are real construction costs rather than closing details.
Thirty eight parcels are still bare. A neighborhood that fills in this slowly gives you space and a view now, and it also means the lot next to you may get built on in a decade with something you did not choose. Read the covenants for what they restrict before that becomes an opinion.
Utilities, roads and fire
These parcels sit in unincorporated Lawrence County and in an Aspen Hills road district, so road maintenance and snow removal are funded by the owners rather than by a city. Ask what the assessment is and whether the surface is gravel or sealed on the stretch you would drive daily.
There is no city water or city sewer at this elevation. Plan on a well and a septic system and verify both, including the well log and recovery rate, since drilling depth varies across this ground. Wildfire matters here too: ask your insurance agent for a quote by address early, and look at defensible space around the house before you fall for the timber.
Where Aspen Hills sits
The outlines below are reference geometry from county records, not a survey. The recorded plat and a current survey control the exact lines for any one lot.
Subdivision map
- Aspen Hills, recorded as Aspen Hills Development
Subdivision outline derived from parcel boundaries in the public Lawrence County GIS parcel layer. This is a reference map, not a recorded plat or survey. Verify the legal description and recorded plat for a specific property.
Recorded plat names
- Aspen Hills: Aspen Hills Development
What homes cost here
No verified set of recorded sales for Aspen Hills sits behind this page, so there is no sale range published here. With 38 bare parcels and 20 houses, land and improved property trade as two different things anyway. Comparable closings should come from whichever of the two you are shopping.
How these figures are calculated
How far to things
- Nearest hospital
- In town
Monument Health Spearfish Hospital
Typical driving time with clear roads.
At a glance
- Typical Lot
- 2.5 to 20 acres, median about 9.5 acres.
- Construction Era
- Lots recorded 1998 to 2006
Last verified August 2026. How these figures are calculated
What to check at this address
- Jurisdiction
- Unincorporated Lawrence County
- Water
- Outside the City of Spearfish service area. Expect a private well and ask for the well log by address.
- Sewer
- Outside city sewer. Expect an on site septic system sized for the house.
- HOA
- No association in the county parcel record. Parcels sit in an Aspen Hills road district.
- Streets and snow
- Not a city route. Road district maintenance, so confirm the schedule.
- School district
- Spearfish School District 40-2
Open the ones that apply to the address you are looking at.
Private well
If the home is on a well, ask for the well log, test flow rate and water quality, and find out the age of the pump and pressure tank before you remove inspection.
Read the full guideSeptic system
Get the tank pumped and inspected, ask the county for the permit and as-built drawing, and confirm the drainfield location so you know what you cannot build over.
Read the full guideWho maintains the road
Find out whether the last stretch to the house is a county road, a road district, a shared easement or your own responsibility, and get the answer in writing. Ask what the district assesses and what that assessment covers.
Snow removal on this street
Ask which priority tier the street is on, or whether anybody plows it at all. On a grade or a cul de sac it changes how you get out on the third morning of a storm, so ask a neighbor rather than the seller.
Wildfire risk and insurance
Get an insurance quote before your inspection deadline, because a pine-heavy lot can change the premium and, in some cases, the carrier's willingness to write it at all.
Read the full guideCovenants and HOA documents
Read the covenants before you write, especially on outbuildings, RV and trailer parking, fencing, rentals and exterior materials.
Property taxes
Look up the actual assessed value and the current levy for the parcel instead of trusting the listing figure, which is often a year or more behind.
Read the full guideHomes for sale in Aspen Hills
Nothing of mine is listed in Aspen Hills today. This search is set for Aspen Hills and shows whatever is active there right now.
Common questions about Aspen Hills
How big are the lots in Aspen Hills?
Two and a half to twenty acres, with a median near nine and a half. The middle half of the parcels fall between five and ten acres.
How built out is it?
Twenty of 58 parcels carry a house. Thirty eight are still bare ground, so this is one of the few places near Spearfish where acreage lots remain available.
Who plows the roads?
The parcels sit in an Aspen Hills road district in the county record, not on a city route. Ask for the assessment amount and the plowing schedule.
What insurance question should I ask first?
Get a wildfire rated quote by address before you go under contract. Coverage and cost vary street to street on ground like this, and it is easier to learn that early than during the loan.
What to check before you write an offer
On any address you are serious about, buyer due diligence should include the school assignment from the district, the water quality report from the utility that serves it, and the assessed value and levy from the county. Here are the sources for each one.
The sources, by category
Schools
Confirm the assigned school for a specific address with the district, because boundaries change and they change more often than people expect. Spearfish School District 40-2 · School and district profiles on GreatSchools · Preschools and private schools in the Black Hills
Drinking water
Every public water system publishes an annual water quality report. Read the one for the system that serves the address you are considering, not the one for the town next door. Rapid City water quality reports · City of Box Elder Water Division · City of Spearfish water · EPA drinking water lookup
Property taxes and assessed value
Lawrence County Equalization · Pennington County Equalization · Meade County Equalization
The county record, the plat and the recorded covenants are the three documents to read on any address here. I do not rate schools and I do not characterize neighborhoods as safe or unsafe. Those readings are yours to make from the sources above.
Also compare
See what's for sale now
These open my search site, where the listings update from the MLS through the day. This page is the background; that one is the inventory.
Keep reading on Spearfish
One of South Dakota's fastest growing towns, with a university, a canyon out the back door and a downtown you can walk across.
A 1970s acreage pocket west of Spearfish, outside the city, with its own road district.
Native sandstone storefronts, an opera house that still books shows, and a campus at the middle of it.
A golf community on the old Frawley Ranch, inside city limits, with 82 lots still open.
Three acre lots under Lookout Mountain, next to city open space and trails, with most of it still open ground.
My free buyer's guide, written for wells, septic, hail history and PCS timelines in this region.
Price, down payment, rate, taxes, insurance and HOA in one number.
New to the Black Hills? Start with the questions people ask.
If you are buying ground here rather than a house, check legal access, the well log in the state database and what the road district has been assessing for that parcel number.
Considering a home here?
Send the address and we can talk it through. The details that change from one property to the next are jurisdiction, water and sewer, the school the district assigns, covenants, road maintenance and the rest of what never shows up on a listing.
Talk to Henry
Call or text 605-490-2040 and we can talk through what is realistic in Aspen Hills right now, including what has closed nearby.
Last updated August 2026
This guide is general information, not legal, tax, lending or financial advice. Facts and figures are cited from public sources as of August 2026 and change over time. Henry Roy is a licensed real estate professional with Ascend Realty in South Dakota. Equal Housing Opportunity.