43998 138th St, Webster, SD 57274

Tucked away at the end of a private drive, this extraordinary lakefront estate offers a level of privacy, craftsmanship, and waterfront improvement that is rarely found anywhere in the region. Surrounded by the natural beauty of Waubay Lake, the property feels worlds away while providing breathtaking panoramic views and unmatched seclusion. Directions: From Pereboom's in Webster, travel 5.5 miles east on Hwy 12. Turn north on 440th Avenue and continue 2 miles. Turn east on 139th Street and travel 1 mile. Turn north on 441st Avenue and continue 1 mile. Then turn west on 138th Street for 1 mile, which leads directly to the property. GPS coordinates: 45.3876, -97.41145 Surrounded by water on multiple sides and hidden from neighboring properties, this remarkable estate is a true retreat where every sunrise, sunset, and changing season can be enjoyed in complete seclusion. Extensive shoreline improvements have transformed the property into a work of art and a lasting investment. Hundreds of feet of professionally engineered rock shoreline protection, terraced retaining walls, custom patios, beautifully landscaped grounds, and thoughtfully integrated outdoor living spaces blend seamlessly with the natural beauty of the lake while protecting one of the property's most valuable assets. The level of planning, engineering, and investment behind these improvements would be exceptionally difficult and costly to replicate today The heart of the home is the stunning open-concept great room, where soaring vaulted ceilings, exposed timber beams, rustic accents, and dramatic floor-to-ceiling windows frame breathtaking panoramic views of Waubay Lake. Anchored by an impressive stone fireplace, the space was designed to bring the outdoors in while creating a warm, inviting atmosphere. Whether entertaining a house full of family and friends or enjoying a quiet evening overlooking the water, this room provides an unforgettable backdrop for every occasion. The adjoining gourmet kitchen is equally impressive, blending timeless craftsmanship with modern functionality. Custom ceiling-height cabinetry provides abundant storage, while premium finishes, generous workspace, and an expansive center island make it ideal for preparing meals and gathering with guests. The seamless connection between the kitchen and dining area ensures everyone remains part of the conversation while enjoying uninterrupted lake views. Overlooking the main living area is a spacious loft that adds both character and versatility to the home. With sweeping views across the great room and out to the lake beyond, it serves equally well as a game room, home office, reading retreat, or additional sleeping accommodations for family and guests. Its open design enhances the home's impressive scale while providing valuable flexible living space. Perhaps the home's most distinctive feature is the private primary suite, thoughtfully positioned in its own secluded wing. Functioning almost as a separate residence, it offers a luxurious ensuite bathroom, spacious private sitting area, and a level of privacy that is rarely found in lakefront homes. The walkout lower level was designed with entertaining and overnight guests in mind. Two spacious bedrooms each comfortably accommodate a queen-sized bed while featuring custom-built bunk nooks that sleep three additional guests per room. A beautifully finished bathroom, expansive family room, wet bar complete with a refrigerator and microwave, and direct access to the outdoor entertaining areas make this level ideal for hosting family, friends, or multiple generations under one roof. Whether you're spending the day fishing, boating, hunting waterfowl, or simply enjoying the peaceful surroundings, the lower level serves as a natural extension of the home's exceptional indoor and outdoor living spaces. From the oversized attached two-stall garage to the expansive maintenance-free deck overlooking the lake, every detail of this custom-built lodge-inspired home was carefully crafted to embrace its extraordinary waterfront setting. Properties of this caliber rarely become available. Combining exceptional craftsmanship, extensive shoreline improvements, beautifully landscaped grounds, complete privacy, versatile living spaces, and one of the most remarkable settings on Waubay Lake, this is far more than a home; it is a legacy property built to be enjoyed for generations.