$2,500,000
4 Beds
43998 138th St, Webster, SD 57274
We estimate this home will sell faster than 85% nearby.
Home Highlights
Single-Family Home
140 acre lot
Local Information
- Map ViewExplore the area around 43998 138th St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
Tucked away at the end of a private drive, this extraordinary lakefront estate offers a level of privacy, craftsmanship, and waterfront improvement that is rarely found anywhere in the region. Surrounded by the natural beauty of Waubay Lake, the property feels worlds away while providing breathtaking panoramic views and unmatched seclusion. Directions: From Pereboom's in Webster, travel 5.5 miles east on Hwy 12. Turn north on 440th Avenue and continue 2 miles. Turn east on 139th Street and travel 1 mile. Turn north on 441st Avenue and continue 1 mile. Then turn west on 138th Street for 1 mile, which leads directly to the property. GPS coordinates: 45.3876, -97.41145 Surrounded by water on multiple sides and hidden from neighboring properties, this remarkable estate is a true retreat where every sunrise, sunset, and changing season can be enjoyed in complete seclusion. Extensive shoreline improvements have transformed the property into a work of art and a lasting investment. Hundreds of feet of professionally engineered rock shoreline protection, terraced retaining walls, custom patios, beautifully landscaped grounds, and thoughtfully integrated outdoor living spaces blend seamlessly with the natural beauty of the lake while protecting one of the property's most valuable assets. The level of planning, engineering, and investment behind these improvements would be exceptionally difficult and costly to replicate today The heart of the home is the stunning open-concept great room, where soaring vaulted ceilings, exposed timber beams, rustic accents, and dramatic floor-to-ceiling windows frame breathtaking panoramic views of Waubay Lake. Anchored by an impressive stone fireplace, the space was designed to bring the outdoors in while creating a warm, inviting atmosphere. Whether entertaining a house full of family and friends or enjoying a quiet evening overlooking the water, this room provides an unforgettable backdrop for every occasion. The adjoining gourmet kitchen is equally impressive, blending timeless craftsmanship with modern functionality. Custom ceiling-height cabinetry provides abundant storage, while premium finishes, generous workspace, and an expansive center island make it ideal for preparing meals and gathering with guests. The seamless connection between the kitchen and dining area ensures everyone remains part of the conversation while enjoying uninterrupted lake views. Overlooking the main living area is a spacious loft that adds both character and versatility to the home. With sweeping views across the great room and out to the lake beyond, it serves equally well as a game room, home office, reading retreat, or additional sleeping accommodations for family and guests. Its open design enhances the home's impressive scale while providing valuable flexible living space. Perhaps the home's most distinctive feature is the private primary suite, thoughtfully positioned in its own secluded wing. Functioning almost as a separate residence, it offers a luxurious ensuite bathroom, spacious private sitting area, and a level of privacy that is rarely found in lakefront homes. The walkout lower level was designed with entertaining and overnight guests in mind. Two spacious bedrooms each comfortably accommodate a queen-sized bed while featuring custom-built bunk nooks that sleep three additional guests per room. A beautifully finished bathroom, expansive family room, wet bar complete with a refrigerator and microwave, and direct access to the outdoor entertaining areas make this level ideal for hosting family, friends, or multiple generations under one roof. Whether you're spending the day fishing, boating, hunting waterfowl, or simply enjoying the peaceful surroundings, the lower level serves as a natural extension of the home's exceptional indoor and outdoor living spaces. From the oversized attached two-stall garage to the expansive maintenance-free deck overlooking the lake, every detail of this custom-built lodge-inspired home was carefully crafted to embrace its extraordinary waterfront setting. Properties of this caliber rarely become available. Combining exceptional craftsmanship, extensive shoreline improvements, beautifully landscaped grounds, complete privacy, versatile living spaces, and one of the most remarkable settings on Waubay Lake, this is far more than a home; it is a legacy property built to be enjoyed for generations.
Last check for updates: about 14 hours ago
Listing courtesy of Kasey Wipf, (605) 281-9808
Hayden Outdoors Real Estate
Source: My State MLS, MLS#11873253
We estimate this home will sell faster than 85% nearby.
Home Details for 43998 138th St
|
|---|
Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4 |
Heating & Cooling No CoolingNo Heating |
Fireplace & Spa No Fireplace |
View No View |
|
|---|
Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Frontage Not on Waterfront |
|
|---|
Days on Market: 43 |
|
|---|
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New Construction |
|
|---|
Price List Price: $2,500,000 |
|
|---|
MLS Status: Active |
|
|---|
|
|---|
Direction & Address City: Webster |
School Information Elementary School District: 000000Jr High / Middle School District: 000000High School District: 000000 |
|
|---|
Listing Agent Listing ID: 11873253 |
|
|---|
No HOA |
|
|---|
Lot Area: 140.00 acres |
|
|---|
Listing Agreement Type: Exclusive |
|
|---|
|
|---|
BasementMls Number: 11873253 |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Webster
At least 1 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say there are community events
100 % Say it's dog friendly
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say kids play outside
100 % Say it's walkable to grocery stores
100 % Say streets are well-lit
67 % Say it's walkable to restaurants
67 % Say there are sidewalks
60 % Say neighbors are friendly
50 % Say there's wildlife
33 % Say they plan to stay for at least 5 years
33 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
Market trends in Webster
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
2MoM
Home Value
Trulia Estimate
$2.34MSince last month
Increased$18K (+0.8%)Since last year
Increased$2M (+402.1%)Since last sale
Increased$2M (+837.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +735% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.34M |
| August 2026 | $2.34M |
| July 2026 | $2.33M |
| June 2026 | $523K |
| May 2026 | $521K |
| April 2026 | $489K |
| March 2026 | $486K |
| February 2026 | $488K |
| January 2026 | $460K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.28 | Single-Family Home | $450,000 | 06/19/26 | 2 | 2 | 1,400 | |
5.02 | Single-Family Home | $725,000 | 12/30/25 | 4 | 3 | 3,722 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
3.74 | $397,700 | 3 | 3 | 1,876 | Off Market | |
3.99 | $539,000 | Studio | - | - | Off Market | |
1.12 | $538,600 | Studio | - | - | Off Market | |
1.44 | - | Studio | - | - | Off Market | |
1.09 | $677,600 | Studio | - | - | Off Market | |
0.94 | $561,000 | Studio | - | - | Off Market | |
1.28 | $356,900 | Studio | - | - | Off Market | |
3.58 | $333,500 | Studio | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 22, 2026 Source: My State MLS #11873253 | Listed For Sale | $2,500,000 |
Jul 22, 2026 Source: NY State MLS #11873253 | ListingRemoved | $2,500,000 |
Jul 7, 2026 Source: NY State MLS #11873253 | Listed For Sale | $2,500,000 |
Jul 18, 2014 Source: N/A | Sold | $250,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,415 | $378,731 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kasey Wipf, Hayden Outdoors Real Estate
Agent Phone: (605) 281-9808
Similar Homes You May Like
- Results are loading
New Listings near 43998 138th St
- Results are loading
Frequently asked questions about 43998 138th St
- What is the estimated monthly payment for 43998 138th St?Based on a $2,500,000 list price with 20% down at today's rates, the estimated monthly payment for 43998 138th St in Webster, SD is approximately $15,432 (about $13,211 principal & interest, $2,146 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 43998 138th St?The closest schools to 43998 138th St in Webster, SD are Webster Area Elementary - 03 (Pre-K, rated 7/10), Webster Area High School - 01 (rated 9/10), Webster Area Middle School - 02 (rated 7/10).
- What is 43998 138th St estimated to be worth?Trulia's estimated value for 43998 138th St in Webster, SD is $2,338,900.
- How big is the lot at 43998 138th St?The lot at 43998 138th St in Webster, SD is about 140 acres.
- Is there a virtual tour of 43998 138th St?Yes, a virtual tour of 43998 138th St in Webster, SD is available.
43998 138th St, Webster, SD 57274 is a 4 bedroom single-family home. This property is currently available for sale and was listed by My State MLS on Jul 22, 2026. The MLS # for this home is MLS# 11873253.