Welcome to a property that offers not only a place to live but an opportunity to generate income, build a business or create something more. This 5,000 sq ft home sits nicely on 7.69 acres less then a mile from the town of Milbank SD. Some features are, generous rooms sizes, functional layout and comfortable feel. At the heart of the home is an oversized kitchen, with abundant cupboard space and expansive countertops, which we all know has created thousands of delicious cupcakes over the years. There is also a formal dining area with plenty of room for Sunday dinners and holidays. Wide open living room with gas fireplace. Master bedroom with master bathroom, plus 2 more large bedrooms. Down stairs you will find even more living space. with 2 more bedrooms, office, full size bathroom and an ideal family room, game area, work out space or entertaining zone. And I didn't even mention. Storage Storage Storage.
What really sets this property apart is the impressive 50 X100 heated and insulated shop that opens up a lot of possibilities both practical and income producing. Whether you are dreaming of running your own business, need space for equipment, classic cars, or the ultimate work shop, this building delivers. Also included is another 48 X 100 shop with 6 12 X 12 overhead doors and durable cement floors-ideal for easy access for large equipment and heavy duty use. Perfect for cold storage, toys, storage rental, also lends its self well to drop shipping inventory or small business operations. This type of set up is a rare opportunity to step into significant value with out the cost and time of new construction. Whether your looking to run a business, expand an operation, create rental income or simply need substantial work space in a great location, this property maybe the one for you. Perfect for everyday living while supporting your bigger goals. This is more then just a home its a rare opportunity. Set up your private showing today.
For sale
$1,399,000
47815 148th St, Milbank, SD 57252
5beds
5,022sqft
Single Family Residence
Built in 2005
7.69 Acres Lot
$1,269,500 Zestimate®
$279/sqft
$-- HOA
What's special
Expansive countertopsFunctional layoutOversized kitchenAbundant cupboard space
- 177 days
- 241
- 3
Zillow last checked:
Listing updated:
Listed by:
ANGELA LAMBRECHTS 605-881-5420,
1ST CHOICE REAL ESTATE LLC
Source: Northeast South Dakota BOR,MLS#: 58-30
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Primary bathroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Basement
Bonus room
- Level: Basement
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Living room
- Level: Main
Office
- Level: Basement
Other
- Level: Main
Interior area
- Total structure area: 5,022
- Total interior livable area: 5,022 sqft
Property
Parking
- Total spaces: 10
- Parking features: Attached Garage, Garage
- Attached garage spaces: 10
Lot
- Size: 7.69 Acres
- Dimensions: 7.69
Details
- Parcel number: 02.48.06.3005
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 2005
Community & HOA
HOA
- Has HOA: No
Location
- Region: Milbank
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $671,808
- Annual tax amount: $7,782
- Date on market: 4/27/2026
Estimated market value
$1,269,500
$1.21M - $1.33M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listed for sale | $1,399,000$279/sqft |
Source: Northeast South Dakota BOR #58-30 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $671,808 +10% |
| 2024 | -- | $610,734 +22.3% |
| 2023 | -- | $499,263 +4.6% |
| 2022 | -- | $477,438 +10% |
| 2021 | -- | $434,034 +6.5% |
| 2020 | -- | $407,559 |
| 2019 | -- | $407,559 |
| 2018 | -- | $407,559 +0.8% |
| 2017 | -- | $404,305 |
| 2016 | -- | $404,305 +14.3% |
| 2015 | -- | $353,782 |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment


