For saleReduced $68,000 from $2,043,000Virtual tour

$1,975,000

4 beds960 acres

22314 Bud RdMartin, SD 57551

Farms and ranches · MLS 11476596 · Listed 578 days ago (Apr 2, 2025)

Horse Creek · Creek or stream · Waterfront, relationship not specified · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

Consisting of 960± deeded acres, the Horse Creek Ranch is a recreational gem with spectacular habitat for wildlife. With seasonal Horse Creek flowing through the entire property the ranch is home to a variety of wildlife including whitetail, mule deer, turkeys, antelope, pheasants, grouse, bobcats and coyotes. Formerly outfitted, Horse Creek Ranch historically produced some large and heavy framed white tail buck. With approximately 220 acres of improved hay ground the ranch has historically been operated as a 120 head year-round cow/calf operation with exceptional natural protection. The property also has the potential to make a very nice 200 head yearling operation. The ranch headquarters consists of a modest four-bedroom, two-bath, two-story log home, a heated detached two car garage with workshop, a pole barn with horse corrals and automatic waters, a finished tack room and a large outdoor arena all located on the south end of the ranch. In addition, there is a large earthed in calving barn on the northern end of the ranch with a sturdy set of working corrals. Two electric wells, a solar well, and several Spring fed reservoirs provide ample water throughout the year. This is a Broker owned property.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing reports the property as waterfront but does not say how it meets the water. Ask the listing agent whether the parcel itself adjoins the shoreline.

Relationship to the water
Waterfront, relationship not specified
Water type
Creek or stream
Water body
Horse Creek (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Creek”: Describes the water without a frontage value.
  • PropertyTypeDetail “farm-estate”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Lynn Ward.

Facts

List price
$1,975,000
Original list price
$2,043,000
Status
For sale
Property type
Farm or estate
Bedrooms
4
Full baths
2
Lot size
960 acres
Year built
1980
Stories
2
Garage spaces
2
County
Bennett County
MLS number
11476596

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Farm and ranch details

Water source
Well

Features

Interior

  • Entrance Foyer

Appliances

  • Washer
  • Range
  • Refrigerator
  • Dryer
  • Dishwasher

Flooring

  • Hardwood
  • Carpet

Basement

  • Unfinished

Heating

  • Forced Air
  • Propane

Construction

  • Wood Siding
  • Log Siding

Roof

  • Metal

Water

  • Well

Sewer

  • Septic Tank

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Martin.

Price and status history

  • Original list price reported by the brokerage: $2,043,000

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$395,000
Illustrative. Replace with a quote from your lender.
Estimate. Check the county assessor for the actual amount.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$12,208 per month

Principal and interest$9,987
Property tax$1,646
Homeowners insurance$575
Loan amount$1,580,000
Total interest over the term$2,015,203

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Lynn Ward. Listing agent: Lynn Ward. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 15, 2026, 12:30 PM UTC. Waterfront Homes last received MyStateMLS data Nov 1, 2026, 10:01 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.