PENDING
$86K PRICE DROP
24105 461st Ave Chester, SD 57016
Estimated payment $5,300/month
Total Views
53,398
4
Beds
6
Baths
4,424
Sq Ft
$203
Price per Sq Ft
Highlights
- Heated Floors
- Ranch Style House
- No HOA
- Vaulted Ceiling
- 2 Fireplaces
- Double Oven
About This Home
Beautiful Home Near Lake Madison with Expansive Acreage & Future Build Opportunities
Set just 3 miles south of Lake Madison, the Lake Madison Golf Course, and 3 restaurants, and within 35 miles of Sioux Falls, this extraordinary estate presents a rare opportunity to own refined acreage living with both privacy and proximity. The offering includes a stunning 7.09-acre luxury ranch home site ($899,500) plus an additional 12.9 acres, ($404,000) along with two additional home eligibilities, creating exceptional future potential in a highly desirable location.
The custom ranch-style residence spans 4,424 square feet and delivers remarkable value, incorporating all buildings, acreage, and resort-style amenities at only $203 per square foot. The home offers 4 bedrooms, 3-3/4 bathrooms, and 3 half bathrooms, thoughtfully designed for both everyday comfort and elegant entertainment.
The main level (2,288 sq ft) showcases an open, light-filled layout featuring a grand kitchen, living and dining areas, mud/laundry room, private primary suite, and an impressive family room with soaring vaulted ceilings and a wall of windows. The kitchen is a chef’s dream, appointed with double ovens, an oversized peninsula, granite countertops, and tile backsplash, while Karndean vinyl flooring, two electric fireplaces, and refined finishes add warmth and sophistication throughout.
The primary suite serves as a private retreat, featuring an en-suite bathroom with cherry cabinetry, dual sinks, and a spa-style 5’ x 7’ tiled shower. The expansive family room is ideal for gatherings, offering dramatic ceiling height and panoramic views of the surrounding landscape.
The lower level (2,136 sq ft) continues the home’s upscale design with 9-foot ceilings, three additional bedrooms with garden views, a 3⁄4 bathroom, and a private theater room complete with bar, tile flooring, Bose sound system, and projector. In-floor boiler heat and a radon mitigation system ensure year-round comfort and peace of mind.
Complementing the residence is a 30’ x 40’ heated shed, finished with epoxy floors, a 3⁄4 bathroom, and an 18’ wide x 11’6” high overhead door, ideal for luxury vehicles, recreational equipment, or professional use.
Outdoor living rivals that of a private resort. The beautifully landscaped backyard features an 18’ x 36’ heated swimming pool with electric pool cover, alongside a newer 26’ x 24’ pool house offering a 1⁄2 bathroom and bar, creating the perfect setting for entertaining or relaxing in total privacy.
The home and grounds have been meticulously updated, including newer shingles, flooring, paint, granite countertops, bathrooms, gutters, downspouts, pool cover, and pool house enhancements, ensuring a truly move-in-ready luxury experience.
This exceptional property offers the rare combination of luxury living today and future development potential, with two additional home eligibilities on the additional 12.9 acres—an unparalleled opportunity near Lake Madison. Seller is a licensed real estate agent in South Dakota.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,035
Year Built
- Built in 1997
Lot Details
- 7.09 Acre Lot
- Lot Dimensions are 468 x 659.82
- Garden
Parking
- 6 Car Garage
Home Design
- Ranch Style House
- Composition Roof
Interior Spaces
- 4,424 Sq Ft Home
- Vaulted Ceiling
- 2 Fireplaces
- Electric Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Double Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Heated Floors
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Chester Elementary School
- Chester JHS Middle School
- Chester High School
Utilities
- Zoned Heating
- Heating System Uses Propane
- Heat Pump System
Community Details
- No Home Owners Association
Map
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Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,475 | $641,565 | $49,865 | $591,700 |
| 2024 | $6,143 | $642,400 | $50,700 | $591,700 |
| 2023 | $6,130 | $605,400 | $48,600 | $556,800 |
| 2022 | $4,403 | $407,900 | $48,300 | $359,600 |
| 2021 | $4,196 | $361,900 | $48,300 | $313,600 |
| 2020 | $3,960 | $365,125 | $51,500 | $313,625 |
| 2019 | $3,933 | $356,500 | $52,600 | $303,900 |
| 2018 | $3,941 | $352,800 | $48,900 | $303,900 |
| 2017 | $3,941 | $351,700 | $47,800 | $303,900 |
| 2016 | -- | $349,700 | $45,800 | $303,900 |
| 2013 | -- | $288,000 | $29,900 | $258,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $899,500 | -8.7% | $203 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $985,000 | -- | $223 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
About the Listing Agent
I'm an expert real estate agent with eXp Realty LLC in Sioux Falls, SD and Sarasota, Fl. Providing homebuyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home, so it sells? Give me a call! I'm eager to help and would love to talk to you.
Rick's Other Listings
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$299,900 Open Sun 1PM - 2:30PM
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- 2 Baths
- 1,433 Sq Ft
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Source: REALTOR® Association of the Sioux Empire
MLS Number: 22503795
APN: 01000-10551-191-20
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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