Waterfront Lake Lot with Slough
Greg S Drive Lake Preston, SD 57249
LAND - Lake Preston, SD
Lot size:
1.28 Acres- Added:
- Apr 23, 2026
- Days on Market:
- 79
- Last Refresh:
- Jul 10 at 3:06 pm
Property Features for Greg S Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 1.28 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2488
Utilities
- Water front features
- Lake Front
- Water front
- 1
Listing agent Katie Graeb (724) 237-6308
Listing office Whitetail Properties Real Estate, LLC 121 S. Madison St, Pittsfield, SD (217) 285-9000
Listing date Apr 23, 2026
MLS# 11729104
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.28-acre waterfront lot is positioned on Schaeffer’s Slough along the northeast corner of Lake Thompson, with a relatively level approach to the water. The terrain offers flexibility for placing a cabin, camper, or storage building while preserving lake views and convenient shoreline access. The property’s connection to the Lake Thompson system supports recreational use such as shoreline fishing and paddling in a calmer backwater setting.
Located in Kingsbury County near Lake Thompson, the parcel is directly adjacent to South Dakota Game, Fish & Parks land in the Lake Thompson Northeast area. That proximity provides a protected, publicly managed backdrop for outdoor recreation and wildlife viewing. The slough frontage is set apart from the main body of the lake, which can be better suited to kayaking, canoeing, and shoreline fishing due to calmer water conditions.
The site is well-suited for buyers seeking a lake-connected retreat with level water access, whether for a future build site, seasonal camping, or a fishing and outdoor recreation base. With its manageable lot size and straightforward approach to the shoreline, it can serve as a practical weekend property in an area known for outdoor activities and natural resources.
Located in Kingsbury County near Lake Thompson, the parcel is directly adjacent to South Dakota Game, Fish & Parks land in the Lake Thompson Northeast area. That proximity provides a protected, publicly managed backdrop for outdoor recreation and wildlife viewing. The slough frontage is set apart from the main body of the lake, which can be better suited to kayaking, canoeing, and shoreline fishing due to calmer water conditions.
The site is well-suited for buyers seeking a lake-connected retreat with level water access, whether for a future build site, seasonal camping, or a fishing and outdoor recreation base. With its manageable lot size and straightforward approach to the shoreline, it can serve as a practical weekend property in an area known for outdoor activities and natural resources.
Key Highlights
- 1.28‑acre lake lot with lake front on Schaeffer's Slough near the northeast corner of Lake Thompson
- Water access to a calm backwater setting, with a relatively level approach to the water
- Direct connection to Lake Thompson for shoreline fishing and access to walleye, perch, and northern pike
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Lakefront parcel on Schaeffer’s Slough with level water approach for a future cabin, camping setup, or recreation base.
Where is this waterfront land located?
The property is located at Greg S Drive Lake Preston, SD.
What is the asking price?
The asking price for this property is $217,000.
What are key features of this property?
This property features: 1.28‑acre lake lot with lake front on Schaeffer's Slough near the northeast corner of Lake Thompson; Water access to a calm backwater setting, with a relatively level approach to the water; Direct connection to Lake Thompson for shoreline fishing and access to walleye, perch, and northern pike
