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Land with Home for Sale in Lake Andes, South Dakota

38274 286th St, Lake Andes, SD 57356

$3,750,000
394 acres
Active sale
ago
Est $19,865/mo

Premier Hunting Property with Established Income & Business Potential This exceptional 394-acre recreational and income-producing property near Geddes, South Dakota, offers a rare combination of premier hunting, highly productive soils, established income, quality improvements, and significant potential for future business growth. Located near Lake Francis Case on the Missouri River, the property is ideally positioned for pheasant, whitetail deer, waterfowl, fishing, and other outdoor recreation. Comfortable Owner's Quarters The 1,300-square-foot open-concept owner's residence provides a comfortable home base overlooking the property. The home features two bedrooms, 11/2 bathrooms, attractive windows offering views of the surrounding land, and a large, fully insulated two-stall climate-controlled garage/shop. The owner's quarters provide the privacy and convenience needed to live on-site while managing the hunting and recreational operation. Spacious Turnkey Hunting Lodge Adjacent to the owner's residence is an approximately 1,800-square-foot hunting lodge designed for entertaining and accommodating guests. The lodge sleeps up to 12 people in five bedrooms and includes two bathrooms with utility rooms, a large kitchen, dining area, comfortable living room, substantial gear room, and multiple heating and cooling zones for individual temperature control. The setup is well suited for hunting groups and family. Excellent Land & Wildlife Habitat The 394 acres feature highly productive soils with a very high productivity index and are primarily comprised of CRP and strategically established food plots. This combination provides excellent wildlife habitat while maintaining strong underlying land value. The property offers outstanding opportunities for pheasant, deer, waterfowl, and other recreational pursuits. Established Income & Included Improvements A significant benefit of this offering is the income already associated with the property. The sale includes the existing CRP contracts and associated income, haying and hay sales, and the Pheasant Game Lodge operation and its associated receipts. This provides a new owner with established revenue streams rather than starting a recreational business from the ground up. The property also includes a 45' x 115' covered storage facility, a dedicated game-cleaning station, and three insulated grain bins with electric hookups, ranging from 16' to 24' in diameter, providing substantial additional storage and utility space. Significant Opportunity for Future Growth The current operation has additional untapped potential. The property's proximity to Lake Francis Case and the Missouri River creates an opportunity for the right owner to expand into guided fishing, water-based recreation, hunting packages, lodging, or other outdoor tourism opportunities. The lake has not been utilized as part of the existing operation, leaving considerable room for a new owner to develop additional revenue streams. Offered at $3,750,000, this is an exceptional opportunity to acquire a turnkey South Dakota hunting and recreational property with an established operation, multiple sources of income, comfortable owner's quarters, an impressive guest lodge, productive land, extensive improvements, and significant potential for future expansion, gatherings, corporate retreats, or an owner-operated outdoor recreation business.

1,295
Sq feet
2
Beds
1
Full bath
1
1/2 bath
2015
Built

Location

Street address
38274 286th St
Zip code
57356
Elevation
1,641 feet
Coordinates
43.2442, -98.5494

Directions

38274 286th St. Lake Andes, SD 57356

Property details

Acreage
393.91 acres
Zoning
Agricultural
MLS #
MyStateMLS 11958131
Posted

Property taxes

2025
$8,465

Details and features

Listing

Type
Farm

Lot

Features
Sprinklers in Front

Exterior

Parking
Driveway
Pool
Patio

Structure

Stories
1
Water
Public
Sewer
Septic Tank
Heating
Electric, Zoned
Roof
Metal

Interior

Room Count
7
Rooms
Bathroom x 2, Bedroom x 2
Flooring
Carpet
Features
Master Downstairs

Listing history

DateEventPriceChangeSource
Aug 30, 2026New listing$3,750,000MyStateMLS
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This 393.91-acre property is located at 38274 286th St in Lake Andes, SD 57356. The property is available for sale, priced at $3,750,000. It has a 1,295 square foot 2-bedroom, 1.5-bath house built in 2015.

Listed by Farmers National Company

Checked 1 hour agoUpdated Source

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