Tractor starting to break ground

Sky Ridge | Spearfish Homes for Sale

860-1300 sqft homes

Developing Neighborhood

Sky Ridge | Spearfish Homes for Sale

Sky Ridge is a 150-acre housing development in Spearfish, South Dakota. It is a partnership between Dream Design and the City to create workforce housing that nurses, teachers, police officers, and other workers can afford.

*Limitations apply, and the applicant must meet qualifications.

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Zoning: Residential Utilities: To Home. City Water, MDU, BHE Location: Spearfish

Example of a home at Sky Ridge

Steps to Owning a Home


  • Please fill out the form found here, so we can start the process of securing your home at Sky Ridge!


Here are answers to a few common questions:

  • What price are the homes? This project aims to provide affordable housing to meet the South Dakota First Time Homebuyer’s program’s purchase price limit of $385,000 or less.
  • Are there income guidelines? If so, how do I know if I qualify? After you complete the online application, Black Hills Community Bank will contact you to verify your income and send a letter indicating whether you may purchase a Tier I, Tier II, or Tier III home if you qualify.
  • What are the floor plans for each tier? Floor plans vary between tiers but include 2 or 3 bedrooms, 1 or 2 bathrooms, and a garage.
  • Can I use any bank to secure my mortgage? Yes! You can use any qualified lender of your choosing to purchase your home through.
  • Are there any covenants in the development? Yes, some covenants are implemented for the Sky Ridge development.
  • Will I need a realtor? When homes are available, you can work with Michael Warwick from Great Peaks Realty to purchase your home and complete all paperwork as needed, even if you already have a realtor. He will help you coordinate with the bank and title company to close smoothly and acquire your new home.