Located between two golf courses on highly desirable South Lake Drive, this home offers breathtaking lake views, comfortable living spaces, and the perfect setting for relaxation.
The home features 3 bedrooms and 1.5 bathrooms, providing comfortable accommodations for family and guests.
Whether you’re looking for a full-time residence or a weekend getaway, this property is the perfect place to enjoy lake life.
Pending
$650,000
512 S Lake Dr, Watertown, SD 57201
3beds
1,468sqft
SingleFamily
Built in 1988
4,356 Square Feet Lot
$-- Zestimate®
$443/sqft
$-- HOA
Overview
- 74 days |
- 153 |
- 0 |
Listed by:
Property Owner (605) 360-0971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Basement: Crawl
Interior area
- Total interior livable area: 1,468 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 011427
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1988
Community & HOA
Location
- Region: Watertown
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $383,045
- Annual tax amount: $5,168
- Date on market: 5/7/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,656/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Pending sale | $650,000$443/sqft |
Source: Owner Report a problem | ||
| 5/7/2026 | Listed for sale | $650,000+126.1%$443/sqft |
Source: Owner Report a problem | ||
| 12/3/2019 | Sold | $287,500$196/sqft |
Source: Northeast South Dakota BOR #24-6316 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,168 +11.7% | $383,045 |
| 2024 | $4,629 +7.6% | $383,045 +20% |
| 2023 | $4,303 +5.3% | $319,204 +14.5% |
| 2022 | $4,088 | $278,757 +8.9% |
| 2021 | -- | $255,913 +8.8% |
| 2020 | $3,045 +8.2% | $235,265 +8.8% |
| 2019 | $2,815 +3.6% | $216,206 +4.1% |
| 2018 | $2,718 +6.5% | $207,647 |
| 2017 | $2,551 | $207,647 +9.6% |
| 2016 | $2,551 +0.7% | $189,515 +7.5% |
| 2015 | $2,533 -2.8% | $176,227 |
| 2014 | $2,606 | $176,227 |
| 2013 | -- | $176,227 -3.6% |
| 2012 | -- | $182,880 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 57201
Nearby schools
GreatSchools rating
- 7/10McKinley Elementary - 06Grades: PK-4Distance: 3.3 mi
- 8/10Watertown Jr. High - 02Grades: 7-8Distance: 5.2 mi
- 5/10Watertown High School - 01Grades: 9-12Distance: 5 mi
- $436,900-- bd-- ba-- sqft516 S Lake Dr, Watertown, SD 57201Off Market
- $548,000-- bd-- ba-- sqft508 S Lake Dr, Watertown, SD 57201Off Market
- $750,0004 bd3 ba2.7k sqft518 S Lake Dr, Watertown, SD 57201Sold
- $453,100-- bd-- ba-- sqft506 S Lake Dr, Watertown, SD 57201Off Market
- $548,2003 bd2 ba1.5k sqft520 S Lake Dr, Watertown, SD 57201Off Market
- $1,263,300-- bd-- ba-- sqft500 S Lake Dr, Watertown, SD 57201Off Market
- $574,400-- bd-- ba-- sqft522 S Lake Dr, Watertown, SD 57201Off Market
- $509,000-- bd-- ba-- sqft492 S Lake Dr, Watertown, SD 57201Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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