$3,175,600

21-121-73 Tolstoy, SD 57475

Estimated payment $19,962/month

4 Beds
2.5 Baths
2,500 Sq Ft
$1,270 Price per Sq Ft

About This Home

Nestled in the rolling uplands of Edmunds County, South Dakota, this 467-acre property offers an extraordinary opportunity for hunters, investors, and outdoor enthusiasts alike. Known for its outstanding pheasant populations and well-managed habitat, this property has been operated as a successful pheasant guiding business for the past 20 years, drawing hunters from across the country who return year after year for world-class upland bird hunts and exceptional accommodations.

The heart of the property features a fully furnished lodge/home, capable of sleeping 10 guests comfortably. Complete with all modern utilities including electricity, heat, water, and internet, the lodge provides year-round usability for both recreational or commercial purposes. Whether you're hosting hunters, friends, or family, the home is move-in ready and set up for hospitality and convenience.

Adjacent to the lodge are several well-maintained outbuildings and barns, ideal for equipment storage, workshops, kennels, or additional guest quarters. These versatile structures provide ample room to support the needs of an outfitting business, personal ranch operation, or future development dreams. Their adaptability makes them a valuable part of the property’s infrastructure.

The land has been meticulously managed and farmed specifically for wildlife and hunting.

280 acres are enrolled in CRP (Conservation Reserve Program), offering consistent annual income while maintaining prime pheasant habitat.

56 acres are tillable ground, strategically used for food plots currently planted in soybeans and corn, providing critical nutrition and attraction for pheasants, whitetail deer, and other game throughout the season.

A natural slew winds through the property, providing a winter haven for wildlife and a protected breeding ground for nesting hens in the spring. This wetland feature adds vital diversity to the landscape and enhances the property's ability to support strong game populations year after year.

While the land is renowned for pheasant hunting, it's not just a bird hunter’s paradise. The area is also home to abundant whitetail deer, with healthy populations producing trophy-quality bucks thanks to decades of thoughtful land management and conservation practices. Whether you enjoy archery or rifle hunting, the property's diverse terrain, cover, and food sources provide ideal conditions for exceptional deer hunting opportunities.

This 467-acre property offers multiple use options, continue the long-standing guiding business, develop it into a private recreational haven, establish a personal ranch, or hold it as a solid land investment with income potential from CRP and tillable acreage.

Opportunities like this are rare: a fully operational hunting property with infrastructure, income, and an established reputation in one of the top upland bird hunting regions in the nation. Whether you're a seasoned outfitter or simply looking for a place to build lasting memories in the outdoors, this South Dakota gem offers it all.
Property Features
467+/- In Edmunds County, South Dakota South of Bowdle 11 miles, North of Tolstoy 7.8 miles
280 acres enrolled in CRP (Conservation Reserve Program) - Provides annual income and maintains prime pheasant habitat ($22,990 annually)
56 acres of tillable ground - Used for food plots (currently planted in soybeans and corn)
Natural slew/wetland runs through the property
Located in a region known for outstanding pheasant populations
Operated as a successful pheasant guiding business for 20 years
Attracts returning hunters from across the country
Fully furnished lodge/home sleeps ten
Equipped with electricity, water, heat, and internet
Move-in ready and suitable for year-round use
Perfect for hosting hunters, family, or guests
Multiple outbuildings and barns - Ideal for equipment storage, workshops, kennels, or additional guest quarters
Infrastructure supports business operations, personal ranching, or future development
Offers a winter haven for wildlife, nesting areas for hens in spring
Property supports strong game populations year-round
Excellent whitetail deer hunting, known for trophy-quality bucks
Benefiting from decades of land and habitat management
Continue the established outfitting/guiding business
Area Information
SDGFP

Edmunds County

City of Hoven

Hoven School District

City of Bowdle

Bowdle School District

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Current uses include commercial, hunting/fishing
  • Potential uses include for development

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 4
  • BathsCombined: 2
  • Office Phone: 605-250-2766
  • Listing Website: https://www.land.com/property/2112173-tolstoy-south-dakota-57475/24938043/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Lot Info

  • Current Use: Commercial, Hunting/Fishing

Multi Family

  • Utilities Available: Electric Avail On Site

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 For Sale $3,175,600 -- $1,270 / Sq Ft