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Lakefront Residential Development Lot
For Sale
$300,000

L16 B3 18TH SW AVENUE, Watertown, SD 57201

2.46-acre waterfront lot with 160+ feet of shoreline on Pelican Lake and city utilities available on-site.

Property SizeContact for details
Lot Size2.46 Acres
Days on Market714

Property Features for L16 B3 18TH SW AVENUE

General Information

Standard status Active
Lot size 2.46 Acres
Property subtype Lots/Land

Additional Details

Utilities to Site Yes
Listing Agency: SoDak Realty, LLC
Listed By: JASON GOETTE · License #17528
Source: Exitrealty
Added: Aug 29, 2024 Changed: Aug 8 Last Checked: Jul 16 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SoDak Realty, LLC

Investment Insights

Based on property information with market context.

This is a lakefront residential development lot totaling 2.46 acres, offering more than 160 feet of shoreline on Pelican Lake. The property provides generous space for a primary home and includes the ability to add an accessory building, subject to applicable zoning requirements.

City utilities are already available on-site, including natural gas, water, sewer, electricity, and internet. That setup can help streamline planning and development for a new build on the waterfront.

With the combination of shoreline frontage, lot size, and utility availability, the site supports residential construction with room to accommodate additional structures as allowed by local zoning.

Key Highlights

  • 2.46‑acre waterfront lot on Pelican Lake with 160+ feet of shoreline
  • City utilities available on‑site: natural gas, water, sewer, electricity, and internet
  • Appropriate zoning provides flexibility to build a primary home and an accessory building

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 2.46-acre waterfront lot with 160+ feet of shoreline on Pelican Lake and city utilities available on-site.
Where is this waterfront land located?
The property is located at L16 B3 18TH SW AVENUE Watertown, SD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2.46‑acre waterfront lot on Pelican Lake with 160+ feet of shoreline; City utilities available on‑site: natural gas, water, sewer, electricity, and internet; Appropriate zoning provides flexibility to build a primary home and an accessory building
More about this property
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