Near Lead in the Black Hills National Forest, the Old Baldy Trail is a 5.7 mile horseback loop with a 0.7 mile spur trail to the summit. The Old Baldy Trail loop meanders through stands of quaking aspen, paper birch, and ponderosa pine. From the loop, the spur trail continues up to the summit of Old Baldy Mountain. The view from the top of Old Baldy Mountain includes Crow Peak to the north, Ragged Top and Terry Peak to the east, and Cement Ridge Lookout to the west. Wild turkey, white tail deer, elk, and a variety of non-game bird species are commonly sighted along this trail.
To reach the horseback riding trailhead from Spearfish, take FSR 134 for approximately 13 miles to the trailhead or from Savoy take FSR 222 for 6 miles to the intersection with FSR 134. Travel north on FSR 134 for approximately 1.1 miles to the trailhead.
Overall, Old Baldy Trail is the 10th most popular horse trail of all 17 horseback rides in South Dakota.