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For sale
  • Price cut: $40.1K (7/27)
    $449,900

    142 N Lake Dr, Castlewood, SD 57223

    3beds
    1,150sqft
    : 
    $2,809/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    3,484 Square Feet Lot
    $428,500 Zestimate®
    $391/sqft
    $-- HOA

    What's special

    Beautiful lake poinsettPrivate frontageDeck overlooking the lakeOpen and welcoming atmosphereComfortable living spaces
    *SELLER FINANCING AVAILABLE* Welcome to 142 N Lake Drive in Castlewood, South Dakota, an outstanding opportunity to own a turn-key lakefront property on beautiful Lake Poinsett. Whether you are looking for a weekend retreat, seasonal getaway, or vacation rental opportunity, this well-maintained home offers comfortable lakeside living in one of northeastern South Dakota's premier recreational destinations. Situated along approximately 35 feet of Lake Poinsett frontage, this 3-bedroom, 2-bath home places you just steps from the water. The approximately 1,150-square-foot residence is thoughtfully designed on a single level, providing convenient accessibility and an efficient floor plan that is easy to enjoy and maintain. The deck overlooking the lake provides a comfortable place to enjoy morning coffee, outdoor meals, or relax while taking in the views of Lake Poinsett. With direct access to the shoreline, you'll have convenient opportunities for boating, fishing, kayaking, paddleboarding, swimming, or simply enjoying everything lake life has to offer. Inside, the home provides comfortable living spaces with three bedrooms and two bathrooms, making it well-suited for family gatherings, entertaining guests, or hosting weekend visitors. The single-level layout maximizes functionality while creating an open and welcoming atmosphere throughout. One of the standout features of this offering is that the property is being sold completely turnkey. All personal property currently in the home will transfer with the sale, allowing the next owner to begin enjoying the property immediately after closing without the hassle of furnishing or equipping the home. Whether your plans include personal use or investment potential, the convenience of a fully furnished lake property is difficult to overstate. Lake Poinsett has long been recognized as one of eastern South Dakota's premier recreational lakes. Covering nearly 8,000 acres, it offers outstanding opportunities for boating and a diverse fishery that includes walleye, northern pike, yellow perch, crappie, white bass, catfish, and smallmouth bass. The lake also features public boat launches, nearby recreation areas, and convenient access to local amenities, making it a favorite destination for outdoor enthusiasts throughout the region. Located near Castlewood, this property provides easy access to surrounding communities while maintaining the peaceful atmosphere of lakeside living. Whether you envision spending your summers on the water, enjoying fall weekends with family and friends, or owning a low-maintenance recreational property in South Dakota's Glacial Lakes Region, this property is ready to deliver. If you've been searching for a move-in-ready waterfront home where you can simply bring your clothes and start making memories, this Lake Poinsett property deserves your attention. Turn-key lake homes with private frontage and immediate enjoyment are increasingly difficult to find. Schedule your private showing today and experience everything this exceptional lakefront property has to offer.
    46 days
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    680
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Graeb 605-690-8582,

    Whitetail Properties Real Estate, LLC

    Source: My State MLS,MLS#: 11863400

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Basement
      • Area: 0
      Heating
      • Has Heating (Unspecified Type)
      Appliances
      • Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Stainless Steel Appliances
      Features
      • Has basement: No
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,150
      • Total interior livable area: 1,150 sqft
      • Finished area above ground: 1,150
      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Lake
      • Body of water: Lake Poinsett
      Lot
      • Size: 3,484 Square Feet
      Details
      • Parcel number: 5165
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Electric: Amps(0)

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Castlewood

      Financial & listing details

      • Price per square foot: $391/sqft
      • Tax assessed value: $190,749
      • Annual tax amount: $1,694
      • Date on market: 6/30/2026
      • Date available: 06/30/2026
      • Listing agreement: Exclusive

        Estimated market value

        $428,500

        $407,000 - $450,000

        $1,603/mo

        Price history

        DateEventPrice
        7/27/2026Price change$449,900-8.2%$391/sqft
        Source: My State MLS #11863400 Report a problem
        6/30/2026Listed for sale$490,000$426/sqft
        Source: My State MLS #11863400 Report a problem
        10/8/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/4/2022Listed for rent$2,000$2/sqft
        Source: Zillow Rental Manager Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,434 -5.2%$190,749 +30%
        2023$1,513 $146,730
        2022-- $146,730 +18.2%
        2021-- $124,171 -1.3%
        2020-- $125,842 +1.3%
        2018-- $124,171
        2017-- $124,171 +15%
        2016-- $107,974 +13%
        2015-- $95,553 -11.7%
        2013-- $108,231
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 57223

        Getting around

        0 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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