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Sold for $575,000
  • $575,000

    870 S Lake Dr, Watertown, SD 57201

    4beds
    3,000sqft
    Single Family Residence
    Built in 1988
    0.33 Acres Lot
    $579,800 Zestimate®
    $192/sqft
    $2,783 Estimated rent

    Home value

    $579,800

    Estimated sales range

    Not available

    $2,783/mo

    Zestimate® history
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    What's special

    Permanent floating dockWet barLoads of storageFully remodeled quartz kitchenHot tub
    Dreaming of lake life? This stunning 4-bed, 3-bath walkout delivers nearly 70' of protected shoreline on a calm channel—perfect for boating, floating, and worry-free fun thanks to a concrete seawall and permanent floating dock. Entertain in style with a fully remodeled quartz kitchen, wet bar, and hot tub, plus a brand-new (2025) deck that connects the living room and primary suite! The primary bedroom also features a walk-in closet and convenient en-suite with heated tile floors. Downstairs, enjoy a walkout patio ideal for grilling and gathering. A cozy gas fireplace with brick façade, mature trees for a serene view, a heated garage, and loads of storage make this lakefront gem a must-see. Don't wait—your waterfront escape is calling!

    Zillow last checked:

    Listing updated:

    Listed by:

    KYLE A LALIM 605-868-2844,

    HAUGAN NELSON REALTY, INC

    Bought with:

    MITCHELL KOEHN, 20279

    AUSTIN REAL ESTATE LLC

    Source: Northeast South Dakota BOR,MLS#: 30-4808

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom
    • Description: En-Suite
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14.00 x 14.00
    Features
    • Flooring: Carpet, Tile, Laminate
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage, Garage
    • Attached garage spaces: 2
    Lot
    • Size: 0.33 Acres
    • Dimensions: 69.63 x 206.66
    Details
    • Parcel number: 5443

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1988

    Utilities & green energy

    • Utilities for property: Sewer Connected

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    Location
    • Region: Watertown

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $440,549
    • Annual tax amount: $4,693
    • Date on market: 12/12/2025

    Price history

    DateEventPrice
    2/13/2026Sold$575,000-7.3%$192/sqft
    Source: Northeast South Dakota BOR #30-4808 Report a problem
    1/27/2026Pending sale$620,000$207/sqft
    Source: Northeast South Dakota BOR #30-4808 Report a problem
    12/12/2025Listed for sale$620,000$207/sqft
    Source: Northeast South Dakota BOR #30-4808 Report a problem
    11/1/2025Listing removed$620,000$207/sqft
    Source: Northeast South Dakota BOR #30-4726 Report a problem
    8/14/2025Price change$620,000-3.1%$207/sqft
    Source: Northeast South Dakota BOR #30-4726 Report a problem
    5/29/2025Listed for sale$640,000+255.6%$213/sqft
    Source: Northeast South Dakota BOR #30-4726 Report a problem
    11/29/2002Sold$180,000-8.6%$60/sqft
    Source: Northeast South Dakota BOR #30-588 Report a problem
    3/31/2000Sold$196,900$66/sqft
    Source: Northeast South Dakota BOR #21-2629 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,693 +12.4%$440,549
    2024$4,177 +0.4%$440,549 +20%
    2023$4,159 +2.5%$367,124 +7.4%
    2022$4,056 $341,939 +7%
    2021-- $319,697 +8.4%
    2020$3,818 +8.8%$294,963 +9.4%
    2019$3,510 +7.9%$269,598 +8.5%
    2018$3,252 +8.3%$248,505
    2017$3,002 $248,505 +11.4%
    2016$3,002 +3.9%$223,033 +10.9%
    2015$2,890 -2.8%$201,050
    2014$2,974 $201,050
    2013-- $201,050 -5.6%
    2012-- $212,869
    Find assessor info on the county website

    Neighborhood: 57201

    Nearby schools

    GreatSchools rating
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