45000 262nd St, Canistota, SD 57012

Peoples Company is pleased to represent the beneficiaries of the Charlene M. Jarratt Family Living Trust in the sale of this exceptional 238A± acre farm located just west of Lake Vermillion and east of Canistota in McCook County, South Dakota. A true Century Farm, this property has remained in the Jarratt family since the 1800s, representing generations of stewardship and agricultural heritage. Farmland with this type of history and long-term family ownership rarely reaches the open market, creating a unique opportunity to acquire a property that may not be publicly available again for generations. The farm consists of highly productive agricultural land and offers an attractive combination of current farming utility, long-term investment value, and future development potential. Its location near Lake Vermillion and within the greater Sioux Falls growth corridor further enhances the long-term appeal of this exceptional McCook County landholding. The property is comprised of a full 160-acre tract on the north and an adjoining short 80-acre tract immediately to the south, creating an attractive opportunity to acquire a sizable contiguous landholding. Approximately 148A± acres are tillable, providing productive agricultural income potential, with the balance consisting of grassland and other non-tillable acres. An additional feature of the property is existing drainage tile on portions of the north 160 acres, adding value to the agricultural operation and productivity of the farm. Soil maps and available tile information are available for review. Beyond its agricultural attributes, the property offers intriguing long-term development potential due to its location near Lake Vermillion and within convenient proximity to Sioux Falls. The continued growth of the Sioux Falls metropolitan area, combined with the recreational appeal of Lake Vermillion, provides an additional dimension to the property's long-term investment potential. Buyers have the opportunity to acquire productive farmland capable of generating agricultural income today while maintaining exposure to potential future residential, acreage, recreational, or other development opportunities. The combination of productive tillable farmland, existing drainage improvements, proximity to Lake Vermillion, and accessibility to the growing Sioux Falls market makes this a unique offering for farm operators, investors, developers, and buyers seeking a long-term land investment. The property is being offered at $2,450,000.