12458 Waterwheel Ln Nemo, SD 57759
Listing Courtesy of: BLACK HILLS / Listed By: Amanda Kirschenman, Coldwell Banker Black Hills Legacy Real Estate; Fred "Frederick" Holpp, Black Hills Legacy Real Estate / Fred "Frederick" Holpp

  12458 Waterwheel Ln Nemo, SD 57759

Active
$559,000 (USD)
4
BED
2.1
BATH
2,733
SQFT

Description

Priced to Renovate & Build Equity Fast .... the deal just got sweeter. Situated on 5.75 acres almost backing to Forest Service (USFS) land and near Box Elder Creek, this custom-built home offers privacy, space, and a truly unique layout. Located where Nemo Road meets iconic Waterwheel Lane, the setting is hard to duplicate. Built in 1992 and still owned by the original owner, the home was designed for function rather than modern trends, and features a unique raised-ranch layout. There are four bedrooms, with potential for a fifth; not all rooms have closets, but each level includes a den that works well as office or flex space. The main level includes a spacious primary suite with two walk-in closets, a sun-room off the large kitchen, dining room, main floor laundry, a mudroom, and generous storage throughout. There is amazing natural light; windows everywhere! The lower level features a bedroom, den, bath, and approximately 1,500 square feet of shop space with direct access to the garage. This is ideal for hobbies, wood working, a home business, or you could finish in the future for living space. Additional features include an attached garage, covered RV parking, wraparound decks, a few newer windows, and plenty of room to improve and make it your own. The electric heat is a super efficient radiant ceiling heating system. The home maybe is a bit unconventional, but the land, location, and potential make this a rare opportunity. Shared Road and Shared Well agreements may need to be created for the transfer of the property, and the seller does not have any direct knowledge of any potential flood insurance requirements. No FEMA documentation or elevation certificates are available from the seller. This property is close to USFS, ATV trails, snowmobile trails, Lead/Deadwood, and only about 6 miles from Nemo, which is everyones favorite. Call today to schedule your private tour. Listed by: Amanda Kirschenman, Coldwell Banker 605-390-6070.

MLS #:
177043
Lot Size
5.75 acres
Type
Single-Family Home
Year Built
1992
Views
Hills, Meadow
School District
Lawrence
County
Lawrence County

Listed By

Amanda Kirschenman, Coldwell Banker Black Hills Legacy Real Estate
Fred "Frederick" Holpp, Coldwell Banker Black Hills Legacy Real Estate
Source
BLACK HILLS
Last checked Jun 2 2026 at 4:26 PM GMT+0000
Bathroom Details
Subdivision
  • Greenwood Subd
Lot Information
  • Flat
  • Rolling
Property Features
  • Fireplace: In Living Room 1
  • Fireplace: Wood Stove
  • Foundation: Walkout
  • Foundation: Other (See Remarks)
Heating and Cooling
  • Electric
  • Other (See Remarks)
Flooring
  • Carpet
  • Other (See Remarks)
Exterior Features
  • Frame
  • Roof: Composition
Utility Information
  • Fuel: Electric
Garage
  • Attached
Stories
  • Ranch
Living Area
  • 2,733 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 21, 2026
Price Changed
$559,000
-9%
-$56,000
Apr 07, 2026
Price Changed
$615,000
-10%
-$70,000
Location
   
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Disclaimer: Copyright 2026 Black Hills Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/2/26 09:26