For saleReduced $34,000 from $227,800Virtual tour

$193,800

0.46 acres

21425 Sunset TrailLake Preston, SD 57249

Land and lots · MLS 11668470 · Listed 238 days ago (Mar 6, 2026)

Lake Thompson · Lake or reservoir · Direct parcel frontage · Waterfront details

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

About this land

Located at 21425 Sunset Trail, Lake Preston, SD 57249, this lake lot offers approximately 0.46 acres with about 75 feet of frontage along Lake Thompson in Kingsbury County. The property provides direct access to one of eastern South Dakota's well-known recreational lakes and includes essential utilities already in place for seasonal or extended stays. Lake Thompson is recognized for its boating, fishing, and water recreation opportunities. With direct shoreline access, this lot allows convenient launching and docking from your own frontage. The site includes a 4,500-pound Hewitt boat lift, offering practical support for protecting and storing your watercraft during the season. The property is serviced by rural water, sewer, and electric utilities that are already on site. Having these services in place simplifies use and reduces the need for additional infrastructure installation. The lot size of approximately 0.46 acres provides room for outdoor enjoyment while maintaining manageable upkeep. Included in the sale is a 2003 Laredo 27-foot fifth wheel travel trailer. This setup allows immediate use of the property for weekend trips, fishing outings, and summer recreation. The trailer provides sleeping, kitchen, and living space accommodations, making it functional for seasonal stays. A patio area is also included, creating a designated space for outdoor seating, grilling, and gathering near the water. The lot's frontage offers open views of Lake Thompson and access to boating and fishing activities. Lake Thompson is known for species such as walleye, northern pike, and perch. The shoreline configuration includes a boat lift to support convenient use throughout the boating season. The property is situated near Lake Preston, SD. Lake Preston is approximately 8 miles northeast of the property, offering grocery, fuel, dining, and local services. De Smet, SD, is approximately 16 miles northwest and provides additional retail and service options. Brookings, SD, is roughly 40 miles east, offering expanded shopping, medical facilities, and regional amenities. Kingsbury County is known for its combination of agricultural land and lakes that support recreational use. This property presents an opportunity for buyers seeking a manageable lake lot with utilities already established and recreational equipment included. The inclusion of the fifth wheel trailer, boat lift, and patio creates a turnkey setup for immediate seasonal enjoyment. Whether used as a summer base for fishing and boating or as a weekend retreat near Lake Thompson, this property provides shoreline access, on-site utilities, and existing improvements that support a range of recreational uses.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water body
Lake Thompson (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
75 ft (reported as "75 feet")
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 “Lake Front”: Includes a "… Front" value describing frontage.
  • 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 Katie Graeb of Whitetail Properties Real Estate, LLC.

Facts

List price
$193,800
Original list price
$227,800
Status
For sale
Property type
Land and lots
Lot size
0.46 acres
County
Kingsbury County
MLS number
11668470
Annual property tax
$1,254

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 Lake Preston.

Price and status history

  • Original list price reported by the brokerage: $227,800

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

$38,760
Illustrative. Replace with a quote from your lender.
From the listing. 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

$1,143 per month

Principal and interest$980
Property tax$105
Homeowners insurance$58
Loan amount$155,040
Total interest over the term$197,745

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 Whitetail Properties Real Estate, LLC. Listing agent: Katie Graeb. Listings provided by MyStateMLS.

Listing last updated by the brokerage Jul 29, 2026, 3:20 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 4:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.