Offering exceptional versatility and country charm just minutes from Pipestone, this 7.96± acre acreage combines two residences, an impressive collection of outbuildings, and room for a variety of uses. Conveniently located with easy access off 121st Street, the property also includes approximately .85± acres of cropland featuring Class II soils and an overall Productivity Index of 75%. The property offers two separate homes, providing a unique opportunity for multigenerational living, rental income, guest accommodations, or additional housing. The primary residence is a 1,176 sq. ft. home built in 1917 with 3 bedrooms/1.5 bath, while the second residence is a 916 sq. ft. home built in 1955 with 2 bedrooms/1 bath. Both homes feature metal roofs, updated windows, well water and they are each fueled by propane (tanks owned and will stay with the property). Adding functionality to the acreage is an extensive lineup of outbuildings well suited for livestock, storage, and equipment. Improvements include a spacious 40' x 120' shed open to the south, two quonsets, 20' x 60' shed with multiple kennels, 32' x 60' shed, classic barn, and several additional outbuildings. With two homes, substantial building space, productive soils, and a convenient location near Pipestone, this acreage offers the space and flexibility to make it your own. Whether you're looking for a multigenerational property, income potential, a livestock setup, or simply more room to live and work in the country, this property delivers a rare combination of opportunity and functionality.
For sale
Price Unknown
356 121st St, Pipestone, MN 56164
3beds
1,176sqft
Single Family Residence
Built in 1917
7.98 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Classic barnTwo quonsetsMetal roofsUpdated windowsTwo residences
- 11 days
- 458
- 26
Zillow last checked:
Listing updated:
Listed by:
Megan Hammond,
Advantage Land Company
Source: East Central South Dakota BOR,MLS#: 26-627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7.98 Acres
Details
- Parcel number: 120320300
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Condition
- Year built: 1917
Community & HOA
Location
- Region: Pipestone
Financial & listing details
- Tax assessed value: $1,419,600
- Annual tax amount: $1,378
- Date on market: 9/29/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,499/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | -- |
Source: East Central South Dakota BOR #26-627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,074 +9.6% | $1,419,600 -11.9% |
| 2024 | $2,804 +6.9% | $1,612,000 +1.7% |
| 2023 | $2,624 +1.2% | $1,585,200 +34.3% |
| 2022 | $2,592 +7.1% | $1,180,000 +12.9% |
| 2021 | $2,420 -1.9% | $1,044,800 +2.4% |
| 2020 | $2,468 +3.2% | $1,020,300 +2.7% |
| 2018 | $2,392 | $993,800 +5923% |
| 2017 | -- | $16,500 |
| 2016 | $2,466 | -- |
| 2015 | $2,466 | $1,255,100 +19.2% |
| 2014 | $2,466 | $1,052,800 |
Find assessor info on the county website
Monthly payment
Est. payment
