27291 Larive Lake Rd, Hot Springs, SD 57747

13.64+/- choice acres on northern edge of Hot Springs in Fall River County, SD just outside the city limits. Includes main home, 8 cabins/homes, bath house, garages, campsites, and lake offered in 8 tracts from 0.25 to 7.24 acres each and as one unit. This is a true Black Hills gem and centers around "Larive Lake" which is approximately 3 acres in size and has been in place for over 100 years and was once utilized as the source for ice in the Hot Springs area having always been fed from springs above this area. Very private, yet very accessible, included in the offering is the main home that is 5 bedrooms, 2 baths with a full basement, nice kitchen and living areas, fireplace, attached garage and carport and more. Additionally, there are 8 other homes/cabins that range from approximately 1,200 sq. ft. One with 4 bedrooms, 2 baths and one with 3 bedrooms, 1 bath, and 6 others that are one and two bedroom with baths and kitchens. Traditionally this complete complex has been utilized as a very profitable year around campground complete with cabin rentals, RV spaces with all hookups and tent camping near the lake. Each of these structures face the very peaceful and picturesque lake that is surrounded by mature hardwood trees and is home to trophy cat fish, bass, blue gills sunfish and crappies. An elaborate children's playground is centered near the cabins. As noted above, this property will be offered in 8 tracts with 5 of these tracts containing very nice structures for year around living and others awaiting new homes. All of this property is serviced by a new approx. 110 ft water well with 600GPM flow, yet has availability to city water on the south if desired. Further, all underground utilities are in top-notch condition. Please take note that this property will sell at or above a total and very-conservative sales price of $300,000 or greater with this reserve price being significantly lower than the county assessed evaluation. Make plans to inspect and attend the auction on Sunday, June 19th, 2011.