House for sale, 4101 Penrose Place, in Rapid City, United States

Listed by Lori Barnett, Engel & Völkers Black Hills, 605.786.5817. A Rare Opportunity on a Premier Street. This 3,192 square foot home is nestled on 3.3 private acres in one of the area’s most coveted neighborhoods. This property is being offered for just the second time—and has remained in the same family since 1978. Built in 1973, with 4 bedrooms, 2 baths, 2 half baths, and a two-car garage, the main level showcases a clean, modern aesthetic with expansive windows, open living spaces, warm Black Hills pine floors, and panoramic views that stretch over a stunning pine-filled canyon and beyond. The natural landscape provides both beauty and privacy, creating a peaceful setting just minutes from town. The walk-out lower level features a spacious flex room—perfect for a home office, gym, guest suite, or hobby space—as well as generous additional living space and storage. Whether you choose to move in and enjoy or gradually update over time, the layout offers a solid foundation with exciting potential in a neighborhood where well-designed improvements are highly valued. Homes in this area are rarely available, and this one offers a unique opportunity to create your story in a truly special setting that simply can’t be replicated.