For saleReduced $184,000 from $1,334,000Virtual tour

$1,150,000

230 acres

230 +/- Acres, Gregory CountyFairfax, SD 57335

Land and lots · MLS 11791991 · Listed 156 days ago (May 27, 2026)

Pond · 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 land

Discover 230± acres of scenic rolling hills, mature hardwood timber, a spring-fed pond, and productive pasture in the heart of Gregory County, South Dakota. Conveniently located just minutes from Fort Randall Dam and Lake Francis Case on the Missouri River, this exceptional tract offers the perfect combination of recreation, hunting, livestock potential, and long-term investment appeal. The gently rolling hills, timbered draws, open grassland, and breathtaking panoramic views create an incredible diverse and scenic landscape. Randall Creek winds through portions of the property, enhancing wildlife habitat and adding to the natural beauty of the setting, while a spring-fed pond provides a natural water source for wildlife and livestock. The terrain is easy to navigate while still providing the privacy and seclusion buyers seek. For the outdoor enthusiast, this property checks every box. The diverse habitat, abundant cover, natural travel corridors, and water sources combine to create an excellent environment for deer, turkey, and upland game, with some elk activity adding to the appeal. Whether your passion is hunting, trail riding, hiking, or simply escaping to your own private stretch of South Dakota countryside, this property delivers year-round enjoyment. Beyond recreation, the ranch offers productive grass, good fencing, and solid carrying capacity, making it equally attractive for grazing and livestock use. The balance of open pasture and natural cover creates a property that is both beautiful and practical - a rare combination in today's market. After a morning in the tree stand or checking cattle, spend the afternoon boating, fishing, skiing, or relaxing on Lake Francis Case on the Missouri River, located only about 5 miles away. Properties offering this level of privacy, habitat diversity, grazing potential, and close proximity to premier water recreation are increasingly difficult to find. Whether you're searching for a private hunting retreat, pasture, or future getaway site, this remarkable Gregory County tract offers the opportunity to own a truly special piece of South Dakota. Partial Legal Description: East part of SEC 20-95-66 S2S2, consisting of approximately 88± acres; SEC 28-95-66 NW4NW4; and east part of SEC 29-95-66 NE4NE4; W2NE4; NW4 consisting of approximately 102± acres. Final legal description, acreage, and property boundaries to be determined by survey and confirmed by the title company prior to closing. Property Location: From the intersection of US Highway 18 and Elk Drive, go south on Elk Drive approximately 1 mile to the northwest corner of the property. Property Taxes: TBD Disclosure All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements-including, without limitation, acreage, square footage, frontage, and boundary descriptions-have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections. Cooperating Broker Compensation Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts. Buyer's agents/brokers must be disclosed and identified by the Buyer and/or their representative at the initial contact with the Listing Broker/Agent in order to qualify for compensation. Otherwise, compensation shall be at the sole discretion of the Seller, Broker, and Stracke Realty, LLC.

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 body
Not provided. Ask the listing agent.
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 “Pond, Creek”: Describes the water without a frontage value.
  • PropertyTypeDetail “land”: 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 Kyle Connot of Stracke Land & Realty.

Facts

List price
$1,150,000
Original list price
$1,334,000
Status
For sale
Property type
Land and lots
Lot size
230 acres
County
Gregory County
MLS number
11791991

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

Land details

Fencing
Fenced

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 Fairfax.

Price and status history

  • Original list price reported by the brokerage: $1,334,000

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

$230,000
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

$7,111 per month

Principal and interest$5,815
Property tax$958
Homeowners insurance$338
Loan amount$920,000
Total interest over the term$1,173,409

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.

Similar waterfront listings nearby

Waterfront listings of the same property type and water type in Fairfax, priced within 25% of this listing ($862,500 to $1,437,500), newest first. Each one passes the same waterfront rules. See all matches

Photo 1 of 22, land at 250 +/- Acres, Gregory County, Fairfax, SD 57335
For saleVirtual tour

$1,325,000

250 acres

Pond · Creek or streamWaterfront, relationship not specified

250 +/- Acres, Gregory CountyFairfax, SD 57335

Land and lots · MLS 11955912

Listing courtesy of Stracke Land & Realty · MyStateMLS

Photo 1 of 60, land at 193.04 +/- Acres Gregory County, Fairfax, SD 57335
For saleReduced $104,452Virtual tour

$955,548

193 acres

Randall CreekCreek or streamWaterfront, relationship not specified

193.04 +/- Acres Gregory CountyFairfax, SD 57335

Land and lots · MLS 11664005

Listing courtesy of Stracke Land & Realty · MyStateMLS

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 Stracke Land & Realty. Listing agent: Kyle Connot. Listings provided by MyStateMLS.

Listing last updated by the brokerage Sep 21, 2026, 4:04 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:02 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.