What if lake living meant having two lakes, dozens of acres of lakeside public land to roam, and secluded beach access just beyond your backyard—all without paying lakefront prices?
Perfectly positioned between Lake Henry and Lake Thompson—South Dakota’s largest natural lake—this brand-new slab-on-grade retreat was thoughtfully designed for those who love lake living without sacrificing comfort, accessibility, or quality. Offering lake views without lakefront pricing, this unique property blends modern construction, premium materials, and year-round recreation into one unforgettable setting.
Inside, the home feels bright, open, and peaceful. Vaulted ceilings, custom flooring, oversized windows, and expansive patio doors flood the home with natural light while framing beautiful views of Lake Henry and the surrounding prairie landscape. The open-concept kitchen, dining, and living area was designed for gathering, whether it’s coffee before an early fishing trip, card games after sunset, or watching a summer storm roll across the prairie.
Two spacious bedrooms and a full bath are conveniently located on the main level, creating comfortable and accessible everyday living. A storm shelter at the rear of the home adds peace of mind, while a tankless water heater ensures plenty of hot water for weekend guests, large family gatherings, and busy mornings at the lake.
Above the insulated garage is a thoughtfully designed loft-style retreat that serves as a private third bedroom, bunk room, or flexible getaway space. Plumbing is already in place for a future kitchenette, creating the opportunity for a separate living area for extended stays, multi-generational use, or additional guest accommodations. Combined with the main-level bedrooms and flexible sleeping spaces, the home can comfortably host large gatherings when everyone comes to the lake.
Step outside to an expansive patio already wired and engineered with footings for a future four-season room. Conceptual plans envision walls of glass and a fireplace, creating another inviting living area to enjoy every season while overlooking the lakes and prairie beyond.
The insulated garage was also built with the future in mind. Already plumbed for heat, it is ready to become a game room, workshop, bunkhouse, or additional living space as needs evolve.
Just beyond the backyard, private trail access leads directly into dozens of acres of lakeside public land, where prairie trails invite sunset strolls, peaceful walks, and fall hunting adventures. Follow the trails to discover a secluded landing area perfect for gathering around a fire, along with a hidden stretch of Lake Henry shoreline ideal for kayaking, shore fishing, or simply taking in the vibrant colors of a South Dakota sunset.
The Lake Henry public boat launch is located just one-half mile from the property, while public access to Lake Thompson is less than three-quarters of a mile away, placing South Dakota’s largest natural lake within minutes of your doorstep. Outdoor enthusiasts will appreciate the property’s four-season appeal, with opportunities for boating, fishing, ice fishing, and hunting throughout the year. The surrounding area also features two nearby Waterfowl Production Areas, providing additional access to public habitat for waterfowl, pheasant, and upland game hunting.
This isn’t just a summer retreat. It’s a place designed to be enjoyed in every season, whether you’re spending long days on the water, chasing birds in the fall, drilling holes through the ice in winter, or simply enjoying a quiet sunset walk through the prairie. Some homes impress you. Others quietly become the place your family keeps coming back to.
This feels like one of those places.
Seller is related to Listing Agent.
For sale
$479,900
240 Francis Rd, De Smet, SD 57231
3beds
1,532sqft
Single Family Residence
Built in 2025
0.33 Acres Lot
$-- Zestimate®
$313/sqft
$-- HOA
What's special
Tankless water heaterVaulted ceilingsCustom flooringExpansive patioExpansive patio doorsLake viewsOversized windows
- 104 days
- 315
- 4
Zillow last checked:
Listing updated:
Listed by:
Daniel R Brunz OFFICE:605-336-2100,
Hegg, REALTORS 605-336-2100
Source: Realtor Association of the Sioux Empire,MLS#: 22604745
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 2
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Bedroom 3
- Description: Bedroom/Studio
- Level: Upper
- Area: 255
- Dimensions: 17 x 15
Family room
- Level: Upper
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Living room
- Level: Main
- Area: 304
- Dimensions: 19 x 16
Heating
- Propane
Cooling
- Central Air
Appliances
- Included: Electric Range, Microwave, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Features
- Main Floor Laundry, Vaulted Ceiling(s)
- Flooring: Vinyl
- Basement: None
Interior area
- Total interior livable area: 1,532 sqft
- Finished area above ground: 1,532
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Gravel
- Garage spaces: 2
Features
- Levels: One and One Half
- Patio & porch: Deck, Covered Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Body of water: Other - Out of Jurisdiction
Lot
- Size: 0.33 Acres
- Features: City Lot, Irregular Lot
Details
- Parcel number: 1852
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal
- Foundation: Slab
- Roof: Metal,Other
Condition
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Other - Outside Jurisdiction
HOA
- Has HOA: No
Location
- Region: De Smet
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $25,989
- Annual tax amount: $648
- Date on market: 6/26/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $479,900+585.6%$313/sqft |
Source: | ||
| 8/28/2020 | Sold | $70,000-22.1%$46/sqft |
Source: East Central South Dakota BOR #20-501 Report a problem | ||
| 7/20/2020 | Pending sale | $89,900$59/sqft |
Source: Best Choice Real Estate #20-501 Report a problem | ||
| 6/30/2020 | Listed for sale | $89,900+308.6%$59/sqft |
Source: Best Choice Real Estate #20-501 Report a problem | ||
| 8/22/2014 | Sold | $22,000$14/sqft |
Source: East Central South Dakota BOR #14-407 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $648 +26% | $25,989 -48.2% |
| 2023 | $514 +14.9% | $50,187 +20% |
| 2022 | $447 | $41,823 +10% |
| 2021 | -- | $38,021 +20% |
| 2020 | -- | $31,685 |
| 2018 | $354 | $31,685 +19% |
| 2017 | $354 | $26,627 +9.7% |
| 2016 | -- | $24,275 -1.7% |
| 2015 | -- | $24,692 +10% |
| 2013 | -- | $22,447 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 57231
Nearby schools
Schools provided by the listing agent
- Middle: De Smet MS
- High: De Smet HS
- District: De Smet
Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
