Chamberlain, SD Online Real Estate Auction

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Description

Chamberlain, SD Online Real Estate Auction

Bidding opens on May 29th at 12:00am CT

Bidding begins to close on June 9th at 5:00pm CT

702 & 704 S Sanborn – Chamberlain, SD

Property Open House: May 30, 2026, from 10am - 2pm CT

 

Property 1: 704 S Sanborn - Comfortable Home, Large Lot & Room to Tinker!

Located at the end of a dead-end street in Chamberlain, this modest one-bedroom home offers affordable living, investment potential, and a hard-to-find oversized lot. Built circa 1943, the 918 square foot home features a sizable eat-in kitchen, one full bathroom, partial basement, and a south-facing deck overlooking the hillsides of town. The home sits on approximately .55 acres shaded by mature trees and includes a detached garage, workshop/storage building, and additional storage shed.

The home is livable in its current condition, though buyers should expect some cosmetic wear, and deferred updates through the home. The basement is clean and usable for storage and utilities. Whether you are looking for an affordable primary residence, weekend retreat, rental investment, or simply extra room to tinker and store equipment, this property offers practical space and flexibility in a unique in-town setting.

Property 2: 702 S Sanborn - Renovation Opportunity, Investment Property or Redevelopment Potential? You Decide!

Located directly adjacent to Parcel 1, 702 S. Sanborn presents an excellent opportunity for renovation, redevelopment, or future new construction. Built in 1915, this 667 square foot home includes two bedrooms, one bathroom, kitchen area, and living/dining combination room, along with a full unfinished basement.

The property has not been occupied for many years and has primarily been used for storage. Significant repairs and updates should be expected throughout the home-including foundation work. Buyers may choose to rehab the existing structure or explore the possibility of new construction on the spacious 100’x120’ corner lot.

Lots of this size within the downtown area of Chamberlain are difficult to find. This property could appeal to builders, investors, owner-occupants, or buyers seeking a future retirement, vacation, or weekend property near the Missouri River and downtown amenities.

Situated near the Missouri River and Interstate 90, Chamberlain offers year-round outdoor recreation, boating, fishing, hunting, golf, riverfront parks, restaurants, and local shopping amenities, along with excellent healthcare facilities and K-12 Schools! The community draws visitors from across the region with attractions, recreation areas, community events, and excellent access to central South Dakota destinations.

Auctioneer

Peterson Land & Auction

310 Sorensen Drive
Chamberlain, SD 57325

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Phone Number
605-234-4214
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