43998 138th St
Webster, SD 57274
- 4 Beds
$2,500,000
$2,500,000
4 Beds
(on 140 acres)
We estimate this home will sell faster than 86% nearby.
Local Information
-- mins to
Description
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.
We estimate this home will sell faster than 86% nearby.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
11 days ago
Home Details for 43998 138th St
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Interior Details Basement: Full |
Beds & Baths Number of Bedrooms: 4 |
Heating & Cooling No CoolingNo Heating |
Fireplace & Spa No Fireplace |
View No View |
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Parking & Garage No Garage |
Frontage Not on Waterfront |
Farm & Range Frontage Length: 0 |
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Days on Market: 11 |
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Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New Construction |
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Price List Price: $2,500,000 |
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MLS Status: Active |
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Direction & Address City: Webster |
School Information Elementary School District: 000000Jr High / Middle School District: 000000High School District: 000000 |
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Listing Agent Listing ID: 11873253 |
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No HOA |
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Lot Area: 140.00 acres |
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Listing Agreement Type: Exclusive |
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BasementMls Number: 11873253 |
Last check for updates: about 2 hours ago
Listing courtesy of Kasey Wipf, (605) 281-9808
Hayden Outdoors Real Estate
Source: NY State MLS, MLS#11873253
Market trends in Webster
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
13
1MoM
Price History for 43998 138th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2026 | $2,500,000 | Listed For Sale | NY State MLS #11873253 |
| 07/18/2014 | $250,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,415 |
| Assessment | $378,731 |
Home facts updated by county records
Comparable Sales for 43998 138th St
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 homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 43998 138th St.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kasey Wipf, Hayden Outdoors Real Estate
Agent Phone: (605) 281-9808
43998 138th St, Webster, SD 57274 is a 4 bedroom single-family home. This property is currently available for sale and was listed by NY State MLS on Jul 7, 2026. The MLS # for this home is MLS# 11873253.