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For sale
  • $1,399,000

    5401 Music Ln, Lincoln, NE 68516

    5beds
    6,713sqft
    : 
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    Single Family Residence
    Built in 1993
    3.02 Acres Lot
    $1,312,200 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Welcome to this stunning Victorian home with 5 bed, 6 bath over 6700 ft.² of living space located on 3 acres! The beautiful wraparound porch is amazing! Enter into the 2 story foyer and staircase! The main floor has a gourmet kitchen, dining room, living room, and family room and walk out to the beautiful deck with amazing views of a variety of trees and landscaping! The second floor has the primary suite and three bedrooms and 3 additional bathrooms! The library on the 3rd floor is private and makes a perfect study! Lower level has a large entertainment area with exercise room and a custom movie theater! Walk out to the new patio with fire pit and a swim spa! The guest house has 360 degree views and its own private bed, bath and kitchen! There is a new greenhouse with sophisticated hydroponic system. This amazing home is offered by appointment only.
    77 days
    |
    1,336
    |
    71
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Faatz 402-575-1914,

    Nebraska Realty

    Source: GPRMLS,MLS#: 22609180MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 1
      • 3/4 bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Second
      • Area: 315
      • Dimensions: 21 x 15
      Bedroom 2
      • Level: Second
      • Area: 210
      • Dimensions: 15 x 14
      Bedroom 3
      • Level: Second
      • Area: 182
      • Dimensions: 14 x 13
      Bedroom 4
      • Level: Second
      • Area: 252
      • Dimensions: 21 x 12
      Bedroom 5
      • Level: Third
      Primary bathroom
      • Features: Full
      Dining room
      • Level: Main
      • Area: 196
      • Dimensions: 14 x 14
      Family room
      • Level: Basement
      • Area: 255
      • Dimensions: 17 x 15
      Great room
      • Level: Main
      Living room
      • Level: Main
      • Area: 240
      • Dimensions: 20 x 12
      Basement
      • Area: 1977
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Range, Oven, Refrigerator, Water Softener, Washer, Dishwasher, Dryer, Disposal, Microwave, Double Oven
      Features
      • Formal Dining Room
      • Flooring: Carpet, Wood
      • Windows: LL Daylight Windows
      • Basement: Daylight,Walk-Out Access,Partially Finished
      • Number of fireplaces: 5
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 6,713
      • Total interior livable area: 6,713 sqft
      • Finished area above ground: 5,013
      • Finished area below ground: 1,700

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached
      • Attached garage spaces: 3
      Features
      • Levels: 2.5 Story
      • Patio & porch: Porch, Patio, Deck, Covered Patio
      • Exterior features: Sprinkler System
      • Fencing: None
      Lot
      • Size: 3.02 Acres
      • Dimensions: 397.77 x 330 x 397.94
      • Features: Over 1 up to 5 Acres, City Lot, Subdivided, Paved
      Details
      • Additional structures: Greenhouse, Guest House
      • Parcel number: 1629204004000

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Masonite
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Not New and NOT a Model
      • New construction: No
      • Year built: 1993

      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: Kensington Estates
      HOA
      • Has HOA: No
      Location
      • Region: Lincoln

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $1,336,400
      • Annual tax amount: $13,222
      • Date on market: 5/1/2026
      • Listing terms: VA Loan,FHA,Conventional,Cash
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,312,200

        $1.25M - $1.38M

        $4,914/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$1,399,000+204.1%$208/sqft
        Source: GPRMLS #22609180 Report a problem
        4/19/2022Sold$460,000-44.9%$69/sqft
        Source: Public Record Report a problem
        6/29/2016Sold$835,000-2.9%$124/sqft
        Source: GPRMLS #L10126530 Report a problem
        5/27/2015Price change$860,000-4.3%$128/sqft
        Source: Woods Bros. Realty #10114305 Report a problem
        9/23/2014Price change$899,000-5.4%$134/sqft
        Source: Woods Bros. Realty #10114305 Report a problem
        7/18/2014Price change$950,000-4.9%$142/sqft
        Source: Woods Bros. Realty #10114305 Report a problem
        5/10/2014Listed for sale$999,000+117.2%$149/sqft
        Source: Woods Bros. Realty #10114305 Report a problem
        8/23/2006Sold$460,000-42.5%$69/sqft
        Source: Public Record Report a problem
        6/3/2003Sold$800,000$119/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,222 -7.9%$1,336,400 +1.6%
        2024$14,353 -21.9%$1,315,700
        2023$18,373 +5.8%$1,315,700 +28.5%
        2022$17,372 -0.5%$1,023,600
        2021$17,461 +8.5%$1,023,600 +3.8%
        2020$16,097 -6%$986,400
        2019$17,133 +8.6%$986,400 +8.1%
        2018$15,770 +5.3%$912,400
        2017$14,981 +6.9%$912,400 +7.3%
        2016$14,020 $850,000
        2015$14,020 -0.9%$850,000 +1.2%
        2014$14,145 +0.2%$840,000
        2013$14,124 $840,000 +0.1%
        2011-- $838,900
        2010-- $838,900
        2009-- $838,900 -3.7%
        2008-- $870,963
        2007-- $870,963
        2006-- $870,963
        2005$12,171 +1.9%--
        2004$11,946 --
        2003$11,946 +8.1%--
        2002$11,047 +8.3%--
        2001$10,202 +19%--
        2000$8,574 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 68516

        Getting around

        2 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wysong
        • Middle: Moore
        • High: Standing Bear
        • 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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