5406 Main Street
Running Water, South Dakota
Contact Dan , Broker
Here lies an opportunity to purchase one of the best kept river area homes along the Missouri River. This is a modern home well suited as a full time primary residence, as a future retirement home, or enjoyed as a part time second home/cabin. The property offers great paved street access, paved driveways, a beautiful MIssouri River view, a spacious and well manicured lawn, a nicely established garden area, and a diversified variety of fruit trees & shade trees.
The main floor of the home offers a large master suite with full bath and a great view looking out over the meandering river as it flows beneath the Standing Bear Bridge. You and your guests will enjoy the cozy wood fireplace in the living room, a formal dining area, and a spacious kitchen with hardwood cabinetry and appliances included. The main level also consists of a second half bath, a laundry room, above grade storm shelter, and a bonus office/sitting area. You will be equally impressed by the quality of the hardwood trim, custom millwork, and modern paint and flooring materials that make up the stately interior finishes. The finished basement includes a second bedroom with egress window, and a third non-conforming bedroom space, a 3/4 bathroom, and a large family room for entertaining. Utilities included B-Y water, a septic system, fiber internet, (2) propane furnaces, central a/c, and a gas hwh, and an electric hwh. The lawn sprinkler system and garden have access to a shared well. A new roof was recently installed in 2024. No matter the time of day, you will enjoy relaxing beneath the covered front porch overlooking the river or resting in the shade watching the wildlife from the covered back patio just off the kitchen.
In addition to the lovely home, the attached zero entry two car garage features floor drains, a fully finished and insulated interior, electric heating, and a commercial grade rangehood ventilation system for serious cookouts and fish fries with your family and guests. Another very significant part of the value of the property can be attributed to the 32'x44' fully insulated and finished workshop/boat shed (Built in 2018). The building has a wood stove and supplemental propane heating along with a floor drain, 220 volt service for a welder, 8'x16' overhead door, and water & septic infrastructure already in place for a future bathroom installation.
The property is conveniently located near the public boat dock and just down the hill from the nearby Dock restaurant/bar. This area in Bon Homme County offers some of the best hunting, fishing, and golfing the Midwest has to offer, not to mention the other tax and financial incentives of residing in South Dakota. Simply driving past this property doesn't do it justice, you truly must personally do a walk through of the house and workshop to really appreciate the quality being offered. Shown by pre-scheduled appointment only to pre-qualified buyers. Call for more details!
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2025 Taxes: $6,409.72
Pending
$549,000
5406 Main St, Running Water, SD 57062
3beds
3,659sqft
Single Family Residence
Built in ----
1.01 Acres Lot
$518,200 Zestimate®
$150/sqft
$-- HOA
What's special
- 223 days
- 37
- 0
Zillow last checked:
Listed by:
Daniel Rohrer,
Mossy Oak Properties Homestead Land & Management, Inc 402-668-7400
Source: REALSTACK,MLS#: 98497
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has basement: No
Interior area
- Total structure area: 3,659
- Total interior livable area: 3,659 sqft
Video & virtual tour
Property
Lot
- Size: 1.01 Acres
Details
- Parcel number: 37001103
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Running Water
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $491,277
- Date on market: 2/6/2026
- Lease term: Contact For Details
Estimated market value
$518,200
$492,000 - $544,000
$1,232/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Contingent | $549,000$150/sqft |
Source: My State MLS #11644228 Report a problem | ||
| 4/1/2026 | Pending sale | $549,000$150/sqft |
Source: REALSTACK #98497 Report a problem | ||
| 2/6/2026 | Listed for sale | $549,000-0.9%$150/sqft |
Source: REALSTACK #98497 Report a problem | ||
| 2/2/2026 | Listing removed | $554,000$151/sqft |
Source: | ||
| 12/2/2025 | Price change | $554,000-5.9%$151/sqft |
Source: | ||
| 9/12/2025 | Price change | $589,000-3.4%$161/sqft |
Source: | ||
| 7/14/2025 | Listed for sale | $610,000$167/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $491,277 |
| 2024 | -- | $491,277 +19.9% |
| 2023 | -- | $409,773 +31.6% |
| 2022 | -- | $311,464 -2.6% |
| 2021 | -- | $319,713 -5.1% |
| 2020 | -- | $337,013 |
| 2019 | -- | $337,013 +0.8% |
| 2018 | -- | $334,486 +35.9% |
| 2017 | -- | $246,167 +4.8% |
| 2016 | -- | $234,892 +2% |
| 2015 | -- | $230,329 +5% |
| 2012 | -- | $219,361 |
Find assessor info on the county website
Monthly payment
Est. payment





