43998 138th St, Webster, SD 57274
FOR SALE
140 ACRES

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

  • Map ViewExplore the area around 43998 138th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 4
Heating & Cooling
No CoolingNo Heating
Fireplace & Spa
No Fireplace
View
No View

Exterior Features

Parking & Garage
No Garage
Frontage
Not on Waterfront
Farm & Range
Frontage Length: 0

Days on Market

Days on Market: 11

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction

Price & Status

Price
List Price: $2,500,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Webster
School Information
Elementary School District: 000000Jr High / Middle School District: 000000High School District: 000000

Agent Information

Listing Agent
Listing ID: 11873253

HOA

No HOA

Lot Information

Lot Area: 140.00 acres

Offer

Listing Agreement Type: Exclusive

Rental Terms, Policies & Fees

Miscellaneous

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
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
13
1
MoM

Price History for 43998 138th St

DatePriceEventSource
07/07/2026$2,500,000Listed For SaleNY State MLS #11873253
07/18/2014$250,000Sold
N/A

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Property Tax and Assessment

Year2024
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

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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

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.