Lakefront luxury at Capitol Beach! This one-owner 4-bed, 3-bath waterfront retreat offers an exceptional opportunity to experience lake living in every season. A newly finished 4th bedroom adds even more versatility and living space. Inside, you’ll find expansive living areas and thoughtfully maintained mechanicals — including an updated roof, HVAC, and water heater — blending comfort, reliability, and endless potential for your personal touch. Step outside to your private dock and embrace the lake lifestyle — whether it’s boating, fishing, paddleboarding, or unwinding with glowing sunset views over the water. When winter arrives, the frozen lake transforms into your own scenic backdrop for ice skating and sledding. Capitol Beach is known for its welcoming community, golf-cart-friendly streets, walking trail, neighborhood events, and unbeatable proximity to downtown Lincoln. Fresh price creates an exceptional opportunity to make this Capitol Beach waterfront home your own.
For sale
$699,000
515 Pier 2, Lincoln, NE 68528
4beds
3,145sqft
Single Family Residence
Built in 1997
5,662 Square Feet Lot
$667,100 Zestimate®
$222/sqft
$83/mo HOA
What's special
Private dockUpdated roof
- 38 days |
- 1,791 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Deb Jones 402-601-1245,
Nebraska Realty
Source: GPRMLS,MLS#: 22614327
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Primary bedroom
- Features: Wall/Wall Carpeting, Window Covering, Bay/Bow Windows, Cath./Vaulted Ceiling, Ceiling Fan(s), Walk-In Closet(s)
- Level: Main
- Area: 245
- Dimensions: 14 x 17.5
Bedroom 2
- Features: Wall/Wall Carpeting, Window Covering, Cath./Vaulted Ceiling, Ceiling Fan(s), Balcony/Deck, Sliding Glass Door, Exterior Door
- Level: Second
- Area: 179.01
- Dimensions: 11.7 x 15.3
Bedroom 3
- Features: Wall/Wall Carpeting, Window Covering, Bay/Bow Windows, Cath./Vaulted Ceiling, Ceiling Fan(s)
- Level: Second
- Area: 196
- Dimensions: 14 x 14
Bedroom 4
- Features: Wall/Wall Carpeting
- Level: Second
- Area: 234
- Dimensions: 13 x 18
Primary bathroom
- Features: Full
Great room
- Features: Wall/Wall Carpeting, Cath./Vaulted Ceiling, 9'+ Ceiling, Ceiling Fans, Dining Area
- Level: Main
Kitchen
- Features: Ceramic Tile Floor, Window Covering
- Level: Main
- Area: 180.54
- Dimensions: 17.7 x 10.2
Living room
- Features: Bay/Bow Windows, Fireplace, 9'+ Ceiling, Ceiling Fan(s), Interior Balcony, Sliding Glass Door, Exterior Door
- Level: Main
- Area: 270.48
- Dimensions: 16.1 x 16.8
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Dishwasher, Disposal, Microwave
Features
- Central Vacuum, High Ceilings, Ceiling Fan(s), Drain Tile, Jack and Jill Bath
- Flooring: Carpet
- Doors: Sliding Doors
- Windows: Bay Window(s), Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room, Direct-Vent Gas Fire
Interior area
- Total structure area: 3,145
- Total interior livable area: 3,145 sqft
- Finished area above ground: 3,145
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Patio & porch: Patio, Deck
- Exterior features: Sprinkler System, Drain Tile, Lake Use
- Fencing: Partial,Iron
- On waterfront: Yes
- Waterfront features: Lake Front, Waterfront
Lot
- Size: 5,662 Square Feet
- Dimensions: 60 x 100
- Features: Up to 1/4 Acre., City Lot, Subdivided, Public Sidewalk, Curb and Gutter, Level, Paved
Details
- Additional structures: Shed(s)
- Parcel number: 1022105014000
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick/Other
- Foundation: Slab
- Roof: Composition
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available, Fiber Optic
Community & HOA
Community
- Subdivision: Capitol Beach
HOA
- Has HOA: Yes
- Services included: Lake, Common Area Maintenance, Other
- HOA fee: $1,000 annually
- HOA name: Capitol Beach HOA
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $695,200
- Annual tax amount: $8,932
- Date on market: 5/22/2026
- Listing terms: VA Loan,FHA,Conventional,Cash
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$667,100
$634,000 - $700,000
$2,923/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $699,000-4.1%$222/sqft |
Source:  GPRMLS #22614327 Report a problem | ||
| 5/19/2026 | Listing removed | $729,000$232/sqft |
Source: GPRMLS #22606330 Report a problem | ||
| 3/10/2026 | Listed for sale | $729,000-5.3%$232/sqft |
Source: GPRMLS #22606330 Report a problem | ||
| 3/10/2026 | Listing removed | $770,000$245/sqft |
Source: GPRMLS #22534908 Report a problem | ||
| 1/31/2026 | Price change | $770,000-3.1%$245/sqft |
Source: GPRMLS #22534908 Report a problem | ||
| 12/13/2025 | Listed for sale | $795,000-10.7%$253/sqft |
Source: GPRMLS #22534908 Report a problem | ||
| 12/6/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/25/2025 | Listed for sale | $890,000$283/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,933 +12.4% | $695,200 +22.2% |
| 2024 | $7,947 -11.6% | $568,800 +6.1% |
| 2023 | $8,988 +4.6% | $536,300 +24.1% |
| 2022 | $8,597 -0.2% | $432,300 |
| 2021 | $8,616 +23.9% | $432,300 +18.8% |
| 2020 | $6,951 -5.2% | $363,800 |
| 2019 | $7,331 -9.1% | $363,800 -9.5% |
| 2018 | $8,068 +4.5% | $402,200 |
| 2017 | $7,720 +13.3% | $402,200 +15% |
| 2016 | $6,811 | $349,800 |
| 2015 | $6,811 +0.7% | $349,800 -5% |
| 2014 | $6,765 | $368,100 |
| 2012 | -- | $368,100 +18.2% |
| 2011 | -- | $311,300 |
| 2010 | -- | $311,300 |
| 2009 | -- | $311,300 +1.1% |
| 2008 | -- | $308,000 -17.5% |
| 2007 | -- | $373,465 |
| 2006 | -- | $373,465 |
| 2005 | $6,214 +1.3% | -- |
| 2004 | $6,135 | -- |
| 2003 | $6,135 +9.8% | -- |
| 2002 | $5,589 +1% | -- |
| 2001 | $5,535 +7.3% | -- |
| 2000 | $5,156 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Capitol Beach
Nearby schools
GreatSchools rating
- 3/10Lakeview Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Park Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10Lincoln High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lakeview
- Middle: Park
- High: Lincoln High
- District: Lincoln Public Schools
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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