Lake Vermillion, SD Real Estate Auction

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Auction Description:

Lake Vermillion, SD Real Estate Auction
Date/Time: June 27, 2025 10:00 am
Address: 45201 Fox Dr, Humboldt, SD 57035

Directions
We will offer this home and 4.53 acre lot & additional 8.26 acres of unimproved land at public auction. Located at 45201 Fox Dr., Humboldt, SD 57035; From Interstate 90 Exit 374 (Montrose Exit), 1 Mile South on 451st Ave, 1.5 Miles East on Hawk Drive, 3 Miles South on Deer Drive, 1⁄2 Mile West on Fox Drive.

Auctioneer Notes
Attention acreage & Lake Vermillion enthusiasts! This is an outstanding opportunity to purchase an acreage with stunning lake views—offered alongside a beautiful parcel of open land that is ideal for expansion, recreation, or development with rural recreational home allowances. Buy one or both tracts and imagine the possibilities! Whether you’re a homeowner, developer, or land investor, don’t miss this chance to own property with a private location and definitely one of the best unobstructed Lake Vermillion views! The auction will be held live on-site w/ online bidding available during the sale. We invite you to view this beautiful property at any time, and encourage you to visit the open house! Contact the Auctioneers & Listing Firm for questions. Come prepared to buy!!! OPEN HOUSE: SATURDAY, JUNE 21st from 10:30AM – 12:00 NOON & WEDNESDAY, JUNE 25th from 4:30PM – 6:00PM

Overview
Tract 1 – 4.53 ± Acre Acreage and Custom Home: Located at 45201 Fox Dr., Humboldt, SD, this beautiful acreage offers scenic views of Lake Vermillion with a well-maintained ranch home with 2-story rear walkout. The house features 2 bedrooms, including a primary suite with walk-in closet and full bath, over 2,300 total square feet, an attached double garage, and a convenient mudroom with 3/4 bath, laundry and two large closets. This well-built home sits up on a bluff with west-facing views ideal for enjoying sunsets. There is a covered deck in the front and a large back deck off the great room and primary suite. There are large windows in the great room on either side of the gas fireplace with unobstructed views of the lake and the frequent visits by turkey, deer, pheasants, eagles and songbirds. The modern kitchen features a large island with plenty of storage. The basement is finished and features a second bedroom, and designed potential for a third bedroom by the addition of one wall, a third bathroom and rec room with walkout sliders to a large patio with unobstructed lake views, all perfect for peace and relaxing, or entertaining. The basement also has a woodworking shop with additional pantry/storage space. The property includes rural water, a functioning well, a 1,000-gallon LP tank, 220 in the garage, and generator ready electrical setup. Updates include newer siding, gutters, and shingles and interior paint. Accompanying the house are two outbuildings that were used as a hunting cabin and a workshop with recreational storage and a covered dog kennel and offer additional recreational and country living potential. This acreage is ready for you to move in and start enjoying the space, privacy, and natural beauty that does not disappoint! This acreage will be offered separately or as a unit with Tract 2.

Tract 2 – 8.26 ± Acre Bare Lot & Development Land: Adjacent to Tract 1, this parcel provides a blank canvas for future development, expansion of the adjoining acreage, or use as a beautifully preserved recreation grassland overlooking Lake Vermillion. The tract is open and gently rolling, with a natural transition into the surrounding landscape. This unique property is in the Lake Vermillion Residential District, offering new construction improvements & development opportunities, and flexibility for immediate or long-term potential. This property is also ideal for those looking to build a new home or simply enjoy additional space in a quiet and rural setting with west facing lake views! This tract will be offered separately or as a unit with Tract 1, the acreage.

Description
12.79+/- Acres at 45201 Fox Dr, Humboldt, SD 57035 | McCook Co. I 4.53 Ac. Acreage with modern year-round home & additional 8.26 acres located on Lake Vermillion, a well-regarded hunting, fishing and water sport recreation destination close to Sioux Falls that provides year-round recreational opportunities. This unique property is surrounded by GFP land on 3 sides and within walking distance of public hunting and fishing.

Terms
5% non-refundable earnest money deposit due day of sale, balance due on or before August 1st, 2025. Closing fees & title insurance split 50/50 between buyer & seller. Real estate taxes will be prorated to the date of closing. Properties are sold as is, where is, without warrantees, guarantees or contingencies of any kind, and sold subject to easements and restrictions, if any, and confirmation of owners. Information contained herein and all statements made are believed accurate but not guaranteed. Representatives of the estate did not previously occupy the property. The buyers are responsible to conduct their own due diligence for any future uses or practices and are encouraged to contact McCook Co. Zoning for questions relating to uses, practices, development or new building. The property is in the Lake Vermillion Residential District. Future utilities of any kind will be the responsibility of the new buyers. Possession granted at closing. Broker participation offered. An access easement and shared road agreement will be applied if the tracts sell separate. All personal property items remaining at the property at closing will transfer with the property. Preliminary title work will be ordered before the sale. Any statements made day of sale take precedence over any previous material. The brokerage firm & auctioneers represent the seller in this transaction.

Owner
James “Doc” Shaeffer Estate, John A. Shaeffer – Attorney for Estate

Additional Information
BROKERAGE FIRM, AUCTIONEERS & REALTORS Burlage Peterson Auctioneers & Realtors, LLC [email protected] or 605-692-7102 Sutton Auctioneers & Land Brokers, LLC [email protected] or 605-336-6315

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