For saleVirtual tour

$1,325,000

250 acres

250 +/- Acres, Gregory CountyFairfax, SD 57335

Land and lots · MLS 11955912 · Listed 62 days ago (Aug 28, 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

Here's 250± acres of diverse South Dakota land in Gregory County offering a combination of recreation, wildlife habitat, grazing potential, and long-term investment appeal. The property features rolling hills, mature hardwood timber, open grass, and expansive views, along with two ponds that provide valuable water sources for wildlife and livestock. Outdoor enthusiasts will find plenty to appreciate here. The combination of timber, grass, draws, and natural water sources creates excellent habitat for deer, turkey, and upland game, with some elk activity in the area adding to the recreational appeal. The property offers numerous opportunities for hunting, hiking, trail riding, wildlife watching, or simply enjoying the privacy and open space of your own piece of South Dakota. From a livestock standpoint, the property offers productive grass, open pasture, fencing, and natural water sources including two ponds and Randall Creek that meanders through the property. The balance of grazing ground and natural cover provides a practical setup for livestock while maintaining the recreational qualities that make the property attractive. The location also provides easy access to some of the area's premier outdoor recreation. Fort Randall Dam and Lake Francis Case on the Missouri River are located only about 5 miles away, providing excellent opportunities for boating, fishing, skiing, and other water-based activities. It is a rare opportunity to combine private acreage and recreational amenities with convenient access to the Missouri River. Whether you're looking for a private hunting property, productive grazing land, a recreational getaway, or a long-term land investment, this 250± acre Gregory County tract offers the versatility, habitat, and location to make it a standout property. Partial Legal Description: West part of SEC 20-95-66 S2S2, consisting of approximately 72± acres and the west part of SEC 29-95-66 NE4NE4; W2NE4; NW4 consisting of approximately 178± 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 northeast corner of the property. Estimated Property Taxes (2025): $736.80 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. Real estate commissions and cooperating broker compensation, when applicable, are fully negotiable and are not established or fixed by law, Stracke Realty, LLC (or any division, trade name, or DBA thereof), or its agents/brokers.

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
$1,325,000
Status
For sale
Property type
Land and lots
Lot size
250 acres
County
Gregory County
MLS number
11955912
Annual property tax (2025)
$737

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

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

    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

    $265,000
    Illustrative. Replace with a quote from your lender.
    From the listing (tax year 2025). Taxes can change after a sale.
    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

    $7,149 per month

    Principal and interest$6,700
    Property tax$61
    Homeowners insurance$388
    Loan amount$1,060,000
    Total interest over the term$1,351,972

    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 ($993,750 to $1,656,250), newest first. Each one passes the same waterfront rules. See all matches

    Photo 1 of 60, land at 230 +/- Acres, Gregory County, Fairfax, SD 57335
    For saleReduced $184,000Virtual tour

    $1,150,000

    230 acres

    Pond · Creek or streamWaterfront, relationship not specified

    230 +/- Acres, Gregory CountyFairfax, SD 57335

    Land and lots · MLS 11791991

    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 Aug 28, 2026, 4:17 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.