$849,900

21121 438th Ave Lake Preston, SD 57249

Estimated payment $4,730/month

Total Views 7,773
5 Beds
5 Baths
3,116 Sq Ft
$273 Price per Sq Ft

Highlights

  • Lake House
  • Forced Air Heating System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

*This is a Commercially Zoned Lake Lodge with potential to be converted to Residential.* Lake Thompson North Shore Lakefront Lodge - A Fantastic Investment & Vacation Opportunity! This commercial lakefront lodge offers an amazing blend of income-generating potential and serene natural beauty — making it the ideal property for those looking to invest wisely and enjoy Lake Front Life. With a strong and consistent rental history, this lodge is a fully operational vacation rental business ready for its next owner. Whether you choose to operate it full-time as a rental, host private retreats, or keep it as your own personal escape, the options are as open as the lake horizon. Lake Thompson is known for some of the best fishing in the region — from warm summer days on the water to action packed ice fishing in the winter, outdoorsmen will love the access to public hunting grounds or seasonal adventures. Whether you're looking to grow your portfolio or own a personal retreat that pays for itself, this property is a win-win. Don't miss this opportunity to own a lakefront property where your guests can create unforgettable memories - and you can too!

Listing Agent

Codi Smith

Best Choice Real Estate License #21028 Listed on: 05/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,199

Year Built

  • 1998

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 400 x 110

Home Design

  • Lake House
  • Steel Siding
  • Log Siding

Interior Spaces

  • 3,116 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Oven

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater
  • Internet Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,199

Year Built

1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Lot Size: 400 x 110
  • Co List Office Phone: 605-692-9200
  • Directions: From Hwy 14 Turn South onto 438th Ave and it's at the end of the road.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 17
  • Stories: 1

Exterior Features

  • Construction Type: Steel Siding

Garage/Parking

  • Attached Garage: No

Schools

  • Junior High Dist: Lake Preston

Lot Info

  • Lot Size Sq Ft: 39639.6

Tax Info

  • Tax Annual Amount: 1198.98

Map

Range of Values:

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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 Change Sq Ft Price
05/23/2025 05/23/25 For Sale $849,900 -- $273 / Sq Ft
Source: East Central South Dakota Board of REALTORS®

About the Listing Agent

Codi Smith
Codi Smith

Best Choice Real Estate

(605) 702-0726

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View Codi's Profile

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Source: East Central South Dakota Board of REALTORS®

MLS Number: 25-405

South Dakota Kingsbury County Lake Preston 57231

21121 438th Ave, Lake Preston, SD

This home is located at 21121 438th Ave, Lake Preston, SD 57249 and is currently priced at $849,900, approximately $272 per square foot. This property was built in 1998. 21121 438th Ave is a home located in Kingsbury County with nearby schools including Lake Preston Junior High School and Lake Preston High School.

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Copyright © 2025 East Central South Dakota Board of REALTORS®. 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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Codi Smith
Codi Smith
Listing Agent Section Image
Best Choice Real Estate
(605) 702-0726