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301 W Farm Ln, Stockholm, SD, 57264

5beds
4baths
3,500sqft
$1,665,000
$476price/sqft
$11,436/moest. monthly cost
$457,440/yrincome needed

About This Home

Located just outside Stockholm in Grant County, this rural property includes approximately 74.53 acres featuring a renovated home, multiple agricultural outbuildings, pasture ground, and infrastructure suited for livestock operations. The property offers space for farming, livestock management, recreation, and rural living within northeastern South Dakota. At the center of the property is a five-bedroom, three-bathroom home that has been thoughtfully updated in recent years. The main floor underwent a significant renovation in 2016, improving the layout and functionality of the living spaces while maintaining the character expected of a rural residence. The home provides ample living space with multiple bedrooms and bathrooms, allowing flexibility for family living, guest accommodations, or home office use. The updates completed in 2016 modernized the kitchen, living areas, and other key spaces to support comfortable day-to-day living in a rural setting. The basement of the home includes improvements that are supported by a lifetime warranty from Blackburn Basement Systems. This warranty documents work that was completed to address the basement structure and moisture management. Improvements of this type can help maintain the condition of the home's lower level and provide additional peace of mind for future owners. Water infrastructure on the property includes both rural water service and an artesian well. Rural water provides a reliable source of potable water to the residence and farmstead, while the artesian well offers an additional water source that may be utilized for livestock or other agricultural purposes, depending on management preferences. The farmstead includes multiple outbuildings that support agricultural use. The main barn features a recently installed roof that carries a 20-year transferable warranty. This recent upgrade helps reduce near term maintenance considerations and supports continued use of the structure for livestock, storage, or agricultural operations. The barns on the property are equipped with three-phase electrical service. Three-phase power allows for the efficient operation of agricultural equipment, ventilation systems, feeding equipment, and other infrastructure commonly used in livestock facilities. Access to this level of electrical service can be valuable for producers who operate or plan to expand agricultural operations. The property holds a Class E Concentrated Animal Feeding Operation permit that allows for up to 298 animals. This permit provides flexibility for livestock production within the framework of state and local regulations. Prospective buyers should review permit details and confirm compliance requirements with the appropriate agencies. Beyond the farmstead, the approximately 90 acres include pasture and open ground suitable for livestock grazing or horses. The acreage provides room for rotational grazing, hay production, or other agricultural uses, depending on the goals of the owner. The open space also creates opportunities for outdoor recreation, such as hunting and wildlife observation. Grant County and the surrounding region feature a landscape of cropland, pasture, wetlands, and shelterbelts that support diverse wildlife habitat. Deer, upland birds, and other wildlife species are common throughout the area, offering opportunities for recreational use of the land. The property benefits from its proximity to nearby communities while maintaining a quiet rural setting. Stockholm is located a short distance away and offers a small-town environment. Larger service communities are also within a convenient drive. The property is located approximately 15 miles from Milbank, about 30 miles from Watertown, and roughly 130 miles from Sioux Falls. These communities provide access to healthcare, agricultural services, retail, and transportation corridors. With an updated home, established farm infrastructure, water resources, pasture acreage, and a livestock permit already in pl

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

8/10
Koch Elementary - 03Grades PK-511.9 mi
7/10
5/10
Milbank High School - 01Grades 9-1211.9 mi

Construction

Condition

  • Year built: 1981

Materials

  • Roof: Asphalt
  • Construction materials: Brick Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Farm

Interior

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area above ground: 3,500

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central

Interior Area

  • Total structure area: 3,500
  • Total interior livable area: 3,500 sqft

Property

Details

  • Parcel number: 14.50.22.4100
  • Lease amount: 0

Features

  • Stories: 2
  • Patio & porch: Patio,Deck

Lot

  • Lot size: 74.53 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Hail
Inland Flooding
Ice Storm
Strong Wind
Tornado
Drought
Heat Wave
Wildfire

FEMA Declared Disasters in Grant County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,419$101,028
Home Insurance $1,474$17,688
Property Taxes $1,276$15,312
Electricity $267$3,208
Total$11,436$137,232

Income You'd Need if You Spent...

35% on housing$392,091/yr
40% on housing$343,080/yr
45% on housing$304,960/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$476This listing

vs Other Active Listings

Avg $/sqft

ZIP 57264
Grant County$126

vs Homes Sold Last Month

Median $/sqft

ZIP 57264
Grant County$81

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Listed for sale$1,775,000

For Sale by Agent

AgentKatie Graeb
BrokerageWhitetail Properties Real Estate, LLC

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