Quick Rapid City MI MLS Search

Browse All Rapid City MI Between $1 Million - $2 Million Properties for Sale

$1,850,000
3 Beds 2 Baths 1947812 MLS Person's Harbor BLDG.
Welcome to your Torch Lake Sandbar getaway, where golden sandy beaches, crystal-clear turquoise water, and unforgettable lake days await! This 3BR, 1.5BA waterfront home offers 66 feet of prime sandy Torch Lake frontage. The beautiful north-facing lake views and a shallow sandy entry perfect for swimming and family beach days. Located just east of the Torch River Bridge and walk out distant from the famous Torch Lake Sandbar, this property offers easy access to one of Northern Michigan’s most sought-after destinations and the incredible Chain of Lakes lifestyle. Enjoy your private golden beach, with bonfires, sunsets, and endless days on the water. The dock is included for easy boating access. Inside, the home offers a warm and inviting layout with gorgeous original wood floors throughout the main living areas and bedrooms. The living room and dining area provide comfortable spaces for gathering, while the heated all-season room offers a spectacular lake view and additional living space perfect for morning coffee, working from home, or enjoying rainy afternoons while still taking in the beauty of Torch Lake. The three bedrooms and updated full bath are thoughtfully separated down the hall from the main living spaces. Upstairs provides additional potential with open unfinished space, a half bath, and laundry area with washer and dryer. Additional features include a proven short-term rental history, paved driveway for easy parking, and south-facing solar panels that help offset energy costs, with recent electric bills are extremely low. Whether you’re searching for a year-round residence, vacation retreat, or waterfront investment, this Torch Lake property offers the location, lifestyle, and memories that make Northern Michigan so special.

7636 Crystal Beach, Rapid City

$1,150,000
3 Beds 2 Baths 1947774 MLS Fairmont Torch River BLDG.
Experience the best of Northern Michigan waterfront living on beautiful Torch River, with easy boating access to world-famous Torch Lake and the entire Chain of Lakes. This beautifully maintained 3-bedroom, 2-bath home offers an open-concept floor plan with a spacious kitchen featuring stainless steel appliances—perfect for entertaining family and friends. Large windows fill the home with natural light while showcasing peaceful river views. Step outside to expansive decking designed for relaxing or hosting gatherings, along with a charming screened gazebo complete with electricity for enjoying summer evenings bug-free. Boaters will appreciate two private docks, one equipped with electricity, making waterfront living even more convenient. The property also includes an attached 2-car garage and three storage sheds, one of which is heated—ideal for a workshop, hobbies, or additional storage. Full house General generator. The crawl space has been professionally sealed, adding to the home’s overall care and maintenance. Whether you're looking for a year-round residence or the perfect up-north getaway, this exceptional Torch River property offers the ideal combination of comfort, recreation, and access to Michigan's spectacular Chain of Lakes. Thoughtfully priced to reflect todays market and offered in its current condition, this property represents exceptional value and is ready for its next owner to enjoy everything the Torch River and Chain of Lakes lifestyle has to offer.

14123 Torch River Road, Rapid City

$1,800,000
3 Beds 3 Baths 1946251 MLS Williams Sunset Shores BLDG.
WELCOME TO YOUR OWN PIECE OF PARADISE on 131’ feet of beautiful Elk Lake frontage, a perfect setting for making lasting memories. Nestled on 1.98 private acres, this special property offers the ideal setting for year-round enjoyment and unforgettable gatherings with family and friends. The living room features a natural California Driftstone fireplace, plenty of natural sunlight from the wall of windows, cathedral ceilings and more. Plenty of room for family and friends with 3 bedrooms and 2 1/2 baths, central air conditioning, Expansive windows draw in beautiful lake views, while the spacious low-maintenance deck provides the perfect place to relax with your morning coffee, enjoy summer dinners, or simply take in the peaceful waterfront setting. The outdoor amenities are equally impressive. Underground sprinklers help maintain the beautifully kept grounds, while multiple outbuildings provide exceptional flexibility. A 40’ x 30’ garage, a 30’ x 22’ garage, and a 28’ x 24’ building with unfinished guest quarters above offer abundant space for vehicles, water toys, hobbies, workshops, or future guest accommodations. Whether you’re seeking a year-round residence or a cherished family retreat, this rare Elk Lake offering combines privacy, space, breathtaking views, and an exceptional waterfront lifestyle. Imagine ending each day with breathtaking sunset views dancing across the waters of Elk Lake. Bring your boats, kayaks, paddleboards, and all the toys needed to enjoy life on the lake. Miles of shoreline are waiting to be explored on the entire Chain-of-Lakes.

10120 E Elk Lake Drive, Rapid City

$1,495,000
3 Beds 3 Baths 1946077 MLS N/A BLDG.
Classic cottage charm meets breathtaking Torch Lake seclusion, with this unique property on the lake's desirable southwest shore. The cottage has terrific character and is laid out to capture spectacular lake views from every room. Single level living is provided with main floor primary suite, wide open kitchen / living / dining area, two main level guest rooms, and a main floor laundry. A lower level rec. room / bunk room is perfect for the more rambunctious members of your crew. For those cold winter nights, there are fireplaces in the primary bedroom and living room. Outdoor living is maximized with expansive, multi-level decks off the lake side of the home. A long boardwalk frames the well-manicured lawn all the way to the water's edge where extensive stone and stairs provide excellent access to the water and erosion protection. There's even a huge lakeside platform complete with a large firepit for s'mores by the lake, and a secure place to store kayaks. Additional parking for trailered boats, cars, or even space for a little pick up basketball lies just behind the cottage and way from the roadside. The location offers ideal boat access to the Torch Lake Sandbar and Torch River to the south, and the Clam River and Dockside Restaurant to the north. It's also an easy run into Traverse City or Elk Rapids for some rainy day shopping or a night on the town. This truly is an exceptional property for anyone longing for that old-school cottage feel and natural northern Michigan setting.

9865 SW Torch Lake Drive, Rapid City

$1,650,000
4 Beds 3 Baths 1922974 MLS Wabigama BLDG.
CLASSIC NORTHERN MICHIGAN RETREAT is yours with this beautifully maintained, cedar-shingle cottage on a peninsula with 251' of premier Elk Lake frontage and 60’ on Lake Skegemog. Enjoy your morning coffee while watching the sunrise over Lake Skegemog and spend your evenings around the campfire while the sun sets over Elk Lake, it is truly the best of both worlds. It is part of Wabigama, a century-old club with over 4,400’ frontage on both lakes and 80+ acres of mature wooded, rolling, property that includes common land with tennis and pickle ball courts, trails for hiking, cross-country skiing, and snowshoeing. Wake up to the sounds of water lapping the shoreline, watch the eagles, and listen to the loons call. Create a wonderful legacy of memories with your family and friends with this special opportunity. Enter from the front porch through the double doors into a spacious living room with oak flooring, beamed ceilings, cedar paneling and a cut stone wood-burning fireplace. The three-season sunroom offers expansive views of the lake and features cedar paneling and blue stone flooring. Gather around the dining room for good food, lively conversation and family game nights with a brick wood-burning fireplace, oak floors and views of your Lake Skegemog frontage. The kitchen has white cabinetry, solid surface counter tops, tile floors and an attached screened-in porch perfect for your breakfast and lunch. Three bedrooms on the main floor with Douglas Fir flooring plus a second-floor spacious bunk room and 2 ½ bathrooms. Additional amenities include a detached 2-car garage with laundry room; lots of storage; standing-seam metal roof; stone-faced foundation; Anderson windows; high-speed, fiber-optic internet; and natural landscaping with native plants. Association form of ownership.

13876 S Wabigama Drive, Rapid City

$870,000
16 Baths 1922135 MLS Metes & Bounds BLDG.
Rare investment opportunity! This 16-unit apartment complex is nestled in a charming country setting, just 3.5 miles away from the renowned Torch Lake sandbar. Situated on a spacious 2.5-acre lot, this property is zoned commercial-improved, offering a myriad of possibilities for savvy investors. With all tenants on month-to-month leases and up-to-date on rent, the groundwork is laid for a smooth transition into ownership. More than 50% of the units have been remodeled, including cabinets, countertops, carpet, and fixtures. New roof installed approximately 2019. The property is serviced by a well and septic system, providing a cost-effective and reliable utility solution. Each apartment features separate electrical service meters and electric heating sources, ensuring convenience and efficiency for both tenants and landlord. A notable feature of this property is the recent installation of fiber optic connectivity at the road, enhancing its appeal in today's digital world. Additionally, amenities such as an office space and a laundry mat with hook-ups ready for your machines offer added value to this enticing offer. A significant advantage of this property is its history as a former motel, presenting a lucrative opportunity given the scarcity of similar accommodations near the Torch Lake sandbar. Don't miss out on the chance to own a piece of prime real estate this versatile property opens up endless potential for lucrative ventures.

8528 Valley Road, Nw, Rapid City

$1,100,000
4 Beds 2 Baths 1906854 MLS Wabigama Country Club BLDG.
380 FEET ON ELK LAKE & SKEGEMOG LAKE WITH UNIQUE PROPERTY TAX BENEFIT!! Enjoy mesmerizing Lake Skegemog sunrises and Elk Lake sunsets from a secluded piece of naturally-wooded-Michigan quiet respite. This beautiful property is situated on a peninsula between the two lakes. It is part of Wabigama, a decades-old-resort community with private access to over 4,500’ frontage on both lakes and 90+ acres of wooded, rolling, common property including tennis and pickleball courts, trails for walking, hiking, skiing, snowmobiling, plus every possible lake activity from swimming to fishing. This property features a 2,400 sq. ft. main home with 4 bedrooms and 1.5 baths built around a magnificent, hand-laid-stone, wood-burning fireplace individually servicing both the living room and kitchen, and featuring knotty pine interior and unobstructed lake views from all windows! The impressive garage provides 1,800 sq. ft. of climate-controlled garage, storage, and workshop space; and on the second floor, an additional 1,800 sq. ft. of living space and additional half bath. Multiple dock opportunities are available on both 300' Elk Lake and also 80' Lake Skegemog with access to the entire Chain-of-Lakes watershed! This is a unique opportunity to establish family memories for a lifetime! NOT A DRIVE-BY: Private association. Clients and agents must be accompanied by listing agent by appointment. SELLERS OFFERING A 10% DISCOUNT TO CASH BUYERS OR OWNERS WILL FINANCE THE SALE AT A 5.5% INTEREST RATE! Contact Seller's Agent for more details.

13950 Wabigama Drive, Rapid City

$1,810,000
5 Beds 4 Baths 1909272 MLS Woodridge Subdivision BLDG.
ON THE SHORES OF TORCH LAKE! Discover the joys of waterfront living from this premier setting on 100 feet of frontage. The minute you enter this beautifully maintained home you will be impressed with the quality craftsmanship and thoughtful details. The living room is enhanced by gorgeous lake views from the abundance of windows, a stone fireplace and vaulted wood ceiling. The kitchen is both stylish and well equipped with granite countertops, black professional style appliances plus a Thermador cooktop, hardwood floors, bar seating, and a custom tile backsplash. The large main floor owner’s suite is enhanced by gorgeous waterfront views, retreat to the luxurious attached bath with a large jetted, soaking tub, dual sinks and oversized tile shower. The main floor has 3 bedrooms and 2 1/2 baths, additionally the lower level has 2 bedrooms and a full bath. The spacious walkout lower level features a second full kitchen with bar seating and dining area; 6th non-conforming bedroom; storage room with built in shelving; and more. The lower level would be the perfect guest retreat or mother-in-law suite. Laundry rooms on each floor make chores a breeze. The shed with heater will come in handy for storing your “toys”. The underground sprinklers will keep your landscaped lawn lush and green. Torch Lake will be your playground from this wonderful location! Get ready to spend the day boating, swimming, relaxing and the evenings gathered around the firepit sharing stories while watching the moon reflect off the lake. This is a tranquil and peaceful setting enhanced by private frontage in an area of nice homes.

10067 Torch Lake Drive,SW, Rapid City

$1,400,000
5 Beds 5 Baths 1919833 MLS
Welcome to your secluded lakeside retreat nestled on the shores of Elk Lake! This stunning property offers a rare blend of privacy and picturesque views, providing an unparalleled escape from the hustle and bustle of everyday life. Situated on a tranquil lot, this home boasts extraordinary vistas of the crystal clear waters of Elk Lake, offering a serene backdrop for your daily living. With 5 bedrooms and 4.5 baths, including a convenient mother-in-law suite, there's plenty of space for family and guests to relax and unwind. Step inside and discover a living room perched high above the water, inviting you to indulge in panoramic views from a bird's eye perspective. Whether you're enjoying a quiet evening in front of the stone natural fireplace or hosting gatherings with loved ones, this space is sure to impress. Venture outdoors to find a large deck overlooking the lake, perfect for al fresco dining or simply soaking in the natural beauty that surrounds you. The expansive lakeside yard offers ample room for outdoor recreation and entertainment, ensuring endless opportunities for fun and relaxation. Convenient amenities abound, including an attached two-car garage, a detached two-car garage, and an abundance of storage throughout the home. A family room with another natural fireplace provides yet another cozy retreat for chilly evenings or casual gatherings. Located just a short drive away from Pearl's restaurant and the charming town of Elk Rapids, you'll enjoy easy access to dining, shopping, and entertainment options while still savoring the tranquility of your private oasis. With a freshly painted exterior adding to its curb appeal, this tucked-away home offers the perfect blend of luxury, comfort, and seclusion. Don't miss your chance to experience lakeside living at its finest—schedule your showing today and start making memories that will last a lifetime!

8924 Cherry Avenue, Rapid City

$983,000
4 Beds 3 Baths 1919921 MLS Whispering Pines BLDG.
Park your car when you arrive because you'll be going by boat from here. This unique property exudes pride of ownership and has been impeccably maintained. The main house has broad views over the Torch River and offers main level living with a spacious island kitchen, large living room with fireplace, a well designed primary suite and a comfortable bedroom and bath for visiting guests. Just across the yard is a beautifully designed and finished guest cottage offering exceptional privacy for friends and family or a wonderful space to pursue your hobbies away from the main home. The two car garage is also semi-finished and is currently used as a yoga studio, but could certainly serve as storage for boats and water toys. The waterside landscape is absolutely breathtaking with extensive plantings and hardscapes making it difficult to force yourself inside on nice weather days. The Torch River is situated between Torch Lake and Lake Skegemog and offers some of the finest boating in northern Michigan with access to Elk Lake, the Clam River and Clam Lake, the Grass River and Lake Bellaire providing endless boating opportunities all summer. From the permanent dock, boaters can enjoy a number of excellent restaurants, shopping in any number of waterside villages, and 100's of miles of crystal clear water. When the weather is rough on the big lakes, it's nice and quiet in the river, allowing owners to simply sit back, go for a paddle, or enjoy the passing boats and wildlife. Boating in the river is no-wake, and the river is regularly patrolled by two different Sherriff departments ensuring poor behavior is the exception. The township does allow for short term rentals with a permit, which are currently available if the new owner wishes to rent one, or both of the cottages.

8089 NW Aarwood Trail, Rapid City

Start Your Search

Between $1 Million - $2 Million Rapid City Real Estate

Our website features the best real estate search for between $1 million - $2 million properties available in Rapid City and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!