21121 438th Avenue, Lot#WP001, Lake Preston, SD 57249 - Kingsbury County

A spacious lakefront property awaits on the north shore of Lake Thompson, just a few miles south of US-14 and nine miles from the town of DeSmet, SD. North Shore Lodge is a rare find in today’s market: 1) includes nearly 200 feet of private lakeshore and 2 acres of land on one of South Dakota’s best fisheries, 2) neighbors a State Recreation Area, and 3) offers turn-key lodge facilities with new roof, furnace, and A/C.Lodge-Style HomeThe amenities and comforts of the turn-key lodge facilities match the abundance and beauty of natural resources at the property. Inside the lodge, the large dining and great room windows open the indoor spaces to panoramic views of the lake. Five generous bedrooms and bathrooms provide ample space for family, friends, and guests to gather comfortably. Prepare your catch of the day in the large kitchen or on the patio grill, then enjoy a bonfire on the front lawn overlooking the lake as you watch the sunset. During hard water season, the huge great room is the perfect place to cozy up before the gas fireplace and swap stories of the one that got away. You’ll be comfortable year-round thanks to the new furnace and air conditioning system and protected from the elements under the new maintenance-free steel roof. Eleven spacious, landscaped campsites with full hookups, including electric, water, and sewer, provide additional guest space and options for income. Lake ThompsonLake Thompson laps at the shore of the property, inviting anglers, boaters, paddlers, and swimmers to enjoy all that lake life offers. Extensive landscaping enhances the shoreline with decorative stone, plants, and walkways, and access from the property to the water’s edge is easier for people of all ability levels. Glacial lakes like Lake Thompson have bowl-shaped basins, and anglers appreciate this property’s access to deep water and protection from prevailing northwest winds. The maximum lake depth is approximately 22 feet, and there are numerous humps in the basin that provide structure for the fish to relate to. Lake Thompson is managed as a walleye, yellow perch, and black crappie fishery; other fish include northern pike and white bass. In addition to an excellent, consistent walleye and large, preferred class yellow perch fishery, Lake Thompson is also an important roost lake for waterfowl during the migration. Additional Property Details & OptionsNorth Shore Lodging and Campground would be an ideal private retreat and single-family residence at Lake Thompson. Alternatively, this is an excellent investment property currently owner-operated and zoned commercial. The lodge is rented on a nightly basis at a high annual occupancy rate for the remainder of the year, and the campsites are rented for the season with 100% occupancy. Lodge and campsite guests are almost entirely repeat business and referrals, which could transfer to the new owner. This property could also be advertised on short-term rental sites like VRBO or Airbnb. The lodge is on approximately 1.94 acres with approximately 186 feet of lakefront. Two additional adjoining tracts are also available for purchase. Tract 2 provides an additional 75 feet of lakefront and includes a fully outfitted cabin with the same attention to detail and quality as the main lodge. Tract 2 also includes three campsites and a 35-foot fifth-wheel camper, and Tract 2 is offered for an additional $325,000.00 to the purchaser of Tract 1. Tract 3 provides an additional 79 feet of lakefront and includes two campsites and a storage shed for an additional $250,000.00 to the purchaser of Tracts 1 and 2.North Shore Lodging and Campground is the ideal recreation and investment property for hunters and anglers to create a legacy for future generations.