Greg S Drive, Lake Preston, SD 57249

Listing agent Katie Graeb Show Phone

Listing office Whitetail Properties Real Estate, LLC 121 S. Madison St, Pittsfield, SD Show Phone

Listing date Apr 23, 2026

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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.

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Overview

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.

Map

City

Lake Preston

County

Kingsbury

State

South Dakota

Longitude

-97.421581

Latitude

44.317267

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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