Lake Preston, SD Waterfront Land for sale

Updated: Mar 6

Waterfront Land with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800

0.46 AC lot

Approximately 0.46‑acre lake lot with about 75 feet of frontage on Lake Thompson
Direct shoreline access for launching and docking from your own frontage
Rural water, sewer, and electric utilities on site for seasonal or extended stays
Includes a 4,500‑pound Hewitt boat lift
2003 Laredo 27‑foot fifth wheel travel trailer included

View details

Updated: Nov 25, 2025

Waterfront Buildable Land Lot

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
Private setting with a tree line to the west and a game production area to the east
Kingbrook Rural Water is to the lot
Kingsbury Electric is nearby
Public water access is just down the road

View details

Lake-Front Lake Lot

Greg S Drive, Lake Preston, SD 57249

$217,000

1.28 AC lot

Lakefront parcel with direct access to Schaeffer's Slough, offering protected water conditions near Lake Thompson fisheries.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Undeveloped Lakefront Recreation Land

453rd Ave, Lake Norden, SD 57248

$250,000

6.50 AC lot

Undeveloped waterfront land along Lake Albert near the lake outlet, including land acreage and additional water frontage.

View details

Lake-Access Waterfront Lot

Northbay Drive, Lake Norden, SD 57212

$265,000

0.60 AC lot

Bare lake lot with HOA lake access and paved road frontage in a Northbay Addition community near Lake Region Golf Club.

View details

Lakefront Land with Backlot

118 Sunset Park, Estelline, SD 57234

$399,900

1.07 AC lot

Includes direct lake access plus additional space across a paved road for storage, parking, or future development.

View details

Lakefront Parcel with Paved-Road Backlot

116 Sunset Park, Estelline, SD 57234

$398,900

1.03 AC lot

Paired lakefront and backlot in Sunset Park provides direct Lake Poinsett access plus space across a paved road.

View details

Lake Preston, SD Waterfront Land Market Trends and Statistics

Explore 3 waterfront land for sale in Lake Preston, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 217,800 square feet of properties for sale, with an estimated market value of $549,800.

Sale prices for water rights properties 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.

Neighborhood	Average Price
57249	$183.3K

Neighborhood

Average Price

57249

$183.3K