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Lake Preston, SD Land for Sale

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Arlington, SD Lake Norden, SD Estelline, SD
Lakefront Recreation Lot with Boat Lift
Updated: Mar 6
Lakefront Recreation Lot with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot
Lake Thompson lakefront lot in Kingsbury County with approximately 0.46 acres and about 75 ft of frontage
Direct shoreline access with convenient launching/docking along your own frontage on Lake Thompson
Utilities already on site: rural water, sewer, and electric for seasonal or extended stays
Includes a 4,500‑lb Hewitt boat lift for in‑season storage/protection of your watercraft
Sale includes a 2003 Laredo 27‑ft fifth wheel travel trailer with sleeping, kitchen, and living space
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Waterfront Recreation Land
Updated: Nov 25, 2025
Waterfront Recreation Land

Lot 27 Hauck's Bay Addition, Lake Preston, SD 57249

$139,000
3.26 AC lot
3.26‑acre lot just east of the shores of Lake Thompson
Tree line along the west side and a game production area to the east
Kingbrook Rural Water service is to the lot
Kingsbury Electric is nearby
Public water access is just down the road
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Lakefront Recreation Land Parcel
Lakefront Recreation Land Parcel

Greg S Drive, Lake Preston, SD 57249

$217,000
1.28 AC lot

Waterfront land on Schaeffer’s Slough with direct access to the Lake Thompson area for outdoor recreation.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

Bare Lake Lot with HOA Access
Bare Lake Lot with HOA Access

Northbay Drive, Lake Norden, SD 57212

$265,000
0.60 AC lot

Buildable 0.60-acre bare lot with paved road frontage and HOA lake access for Lake Albert.

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Level Residential Lot in City Limits
Level Residential Lot in City Limits

Plum Street, Arlington, SD 57212

$69,900
0.59 AC lot

Buildable lot with city street frontage and level terrain within an established neighborhood setting.

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Residential Lake Lot with 100-Foot Frontage
Residential Lake Lot with 100-Foot Frontage

180 Northbay Drive, Arlington, SD 57212

$249,000
0.66 AC lot

Bare residential lake lot with paved road access and about 100 feet of shoreline on Lake Albert.

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Residential Lot with Natural Slope
Residential Lot with Natural Slope

115 Augusta Drive, Lake Norden, SD 57248

$124,900
0.98 AC lot

0.98-acre residential lot featuring a natural slope, offering walkout basement potential near local golf and lakes.

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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.

Tillable and Hunting Land Parcel
Tillable and Hunting Land Parcel

Saint Johns, MI 48879

$499,000
68.30 AC lot

Undeveloped parcel with tillable farmland and potential hunting or recreational uses.

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Lake Preston, SD Land Market Trends and Statistics

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 $549,800.

Sale prices for lots in Lake Preston, SD start at $139,000, averaging $183,266, 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

Commercial property segments ranked by active listings on the market

Waterfront Land 3
Recreation land 3

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 average listing prices of real estate assets

Neighborhood Average Price
57249 $183.3K

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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