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3 Beds
2 Baths
1,872 sqft

$699,000

1823 Ashley Ave, Larchwood IA, 51241

Price per sqft$373.40
Built in2013
Property size1,872 sqft
Property typeResidential
Listed by Chance Wachholtz with Gateway Real Estate Advisors Listing Contact: [email protected]

Overview

Active

Listed Oct 14, 2026

Updated 5 days ago

Rare riverfront retreat on a scenic bluff overlooking the Big Sioux River and Klondike Falls, just 20 minutes outside Sioux Falls. An unmatched natural setting with frequent bald eagle sightings and panoramic water views. Built with authentic 1900s reclaimed Southern Yellow Pine and custom handmade cabinets, this property serves as an incredible private getaway that can also help pay for itself—backed by an established 8-year short-term rental track record to offset your ownership costs. The home offers 1,850+ finished sq ft and 3 beds, 2 baths across two functional levels. The main floor great room features vaulted timber ceilings, solid hardwood floors, an entertainer's granite island, and floor-to-ceiling glass framing the river rapids below. Walk out onto the covered upper deck to take in the sound of the falls, or head downstairs to the walkout lower level complete with a second living room, two bedrooms, full bath, and a concrete patio with a private hot tub. An oversized finished 2-stall garage easily handles vehicles plus kayaks, fishing setups, and river gear. Additional Opportunity: The north adjacent 150' x 75' blufftop lot (1817 Ashley Ave) is available exclusively for purchase with 1823 Ashley Ave—providing immediate potential for guest cabins, a detached shop, or guaranteed view protection.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22607889

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.36 Acres

Other Property Details

Taxes
$2,968
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Chance Wachholtz with Gateway Real Estate Advisors Listing Contact: [email protected] 

The IDX display contains information sourced from the REALTOR® Association of the Sioux Empire as of 10/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 REALTOR® Association of the Sioux Empire all rights reserved.

Data last updated on 10/15/2026 at 4:14 AM UTC

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