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    Lake Preston, SD Land for Sale

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    Arlington, SD Estelline, SD
    Lake Preston Waterfront Recreational Land
    $217,000
    1.28 Acres

    Lake Preston Waterfront Recreational Land

    TBD Greg S Drive, Lake Preston, SD 57249

    1.28-acre waterfront lot with access to Lake Thompson.

    • Direct waterfront access to Schaeffer's Slough with a connection to Lake Thompson.
    • Adjacent to South Dakota Game, Fish & Parks land for added privacy.
    • Relatively level approach to the water, ideal for building or recreation.
    • Manageable 1.28‑acre size offering flexibility.
    • Calmer water conditions in Schaeffer's Slough ideal for kayaking and shoreline fishing.
    Updated: Apr 23
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    Lake Thompson Waterfront Recreational Lot
    $193,800
    0.46 Acres

    Lake Thompson Waterfront Recreational Lot

    21425 Sunset Trail, Lake Preston, SD 57249

    0.46 acre lot with 75 feet of lake frontage.

    • Direct Lake Thompson Access: Enjoy 75 feet of frontage on this popular recreational lake.
    • Turnkey Recreational Setup: Includes a 2003 Laredo 27‑foot fifth wheel and patio area.
    • Utilities Already in Place: Serviced by rural water, sewer, and electric.
    • Manageable Lot Size: Approximately 0.46 acres, easy to maintain.
    • Convenient Location: Near Lake Preston, De Smet, and Brookings for easy access to amenities.
    Updated: Mar 6
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    Lake Preston Land Near Lake
    $159,000
    3.26 Acres

    Lake Preston Land Near Lake

    3.26 acre lot near Lake Thompson with utilities access.

    Lot 27 Hauck's Bay Addition, Lake Preston, SD 57249
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Preston, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lake Poinsett Vacant Land Parcels
    $807,500
    2.10 Acres

    Lake Poinsett Vacant Land Parcels

    Lakefront and backlot parcels on Lake Poinsett, Hamlin County, SD.

    116 & 118 Sunset Park, Estelline, SD 57234
    View details
    Lake Poinsett Land Parcel
    $425,000
    1.03 Acres

    Lake Poinsett Land Parcel

    Lakefront and backlot acreage on Lake Poinsett in South Dakota.

    116 Sunset Park, Estelline, SD 57234
    View details
    Prime Commercial Land Opportunity
    Contact for pricing
    3.51 Acres

    Prime Commercial Land Opportunity

    Excellent pad sites at busy intersection near major retailers.

    Hwy 29 & 6th St, Brookings, SD
    View details
    Brookings Retail Development Land
    Contact for pricing
    6.50 Acres

    Brookings Retail Development Land

    6.5-acre retail development land with high visibility.

    6th St & I-29, Brookings, SD 57006
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres

    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879
    View details

    Lake Preston, SD Land Investment Opportunities Market Analysis

    Explore 3 land for sale in Lake Preston, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $569,800.

    Sale prices for lots in Lake Preston, SD start at $159,000, averaging $189,933, and reaching up to $217,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Waterfront Land 2
    Recreation land 1

    Demographics Overview

    Population 1,007
    Population Growth (5Y) +21.2%
    Median Household Income $74,545
    College Educated 21.1%

    High-Yield Neighborhoods for Investment

    Identify Lake Preston submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57249 $189.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

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