Lake Preston, SD
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    Lake Preston, SD Waterfront 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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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Preston, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Lakefront Land With Backlot Parcels
    $807,500
    2.10 Acres
    Lakefront Land With Backlot Parcels

    Two lakefront parcels on Lake Poinsett include paired backlots across a paved road for flexible build and storage options.

    116 & 118 Sunset Park, Estelline, SD 57234

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    Lakefront Land with Backlot
    $425,000
    1.03 Acres
    Lakefront Land with Backlot

    Lakefront parcel on Lake Poinsett paired with a backlot across a paved road for flexible storage and development.

    116 Sunset Park, Estelline, SD 57234

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    Lake Byron Waterfront Acreage
    $79,000
    1.03 Acres
    Lake Byron Waterfront Acreage

    One acre vacant lot with lake views in Huron, SD.

    Lot2 North Shore Rd Lake Byron, Huron, SD 57350

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    Lake Byron Waterfront Acreage
    $79,000
    1.02 Acres
    Lake Byron Waterfront Acreage

    One acre vacant lot on Lake Byron, South Dakota.

    Lot1 North Shore Rd Lake Byron, Huron, SD 57350

    View details

    Lake Preston, SD Waterfront Land Investment Opportunities Market Analysis

    Explore 2 waterfront land for sale in Lake Preston, SD 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 $410,800.

    Sale prices for water rights properties in Lake Preston, SD start at $193,800, averaging $205,400, 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 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 average listing prices of real estate assets

    Neighborhood Average Price
    57249 $205.4K

    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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