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For sale
  • $479,900

    240 Francis Rd, De Smet, SD 57231

    3beds
    1,532sqft
    : 
    $2,972/mo
    Get pre-qualified
    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
    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.
    44 days
    |
    700
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel R Brunz,

    Hegg, REALTORS 605-336-2100

    Source: Realtor Association of the Sioux Empire,MLS#: 22604745MLS Logo

      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
      • Vaulted Ceiling(s), Main Floor Laundry
      • 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

        DateEventPrice
        6/26/2026Listed for sale$479,900+585.6%$313/sqft
        Source: Realtor Association of the Sioux Empire #22604745 Report a problem
        8/28/2020Sold$70,000-22.1%$46/sqft
        Source: East Central South Dakota BOR #20-501 Report a problem
        7/20/2020Pending sale$89,900$59/sqft
        Source: Best Choice Real Estate #20-501 Report a problem
        6/30/2020Listed for sale$89,900+308.6%$59/sqft
        Source: Best Choice Real Estate #20-501 Report a problem
        8/22/2014Sold$22,000$14/sqft
        Source: East Central South Dakota BOR #14-407 Report a problem

        Public tax history

        YearProperty taxesTax 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

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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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 57231

        Getting around

        0 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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