Skip main navigation
For salePrice cut: $15.1K (8/20)
$659,900
4beds
3,736sqft

5601 Grace Ln, Lincoln, NE 68527

4beds
3,736sqft
Single family residence
Built in 1924
4.57 Acres
2 Attached garage spaces
$177 price/sqft

What's special

Rare acreage opportunity just minutes from Lincoln! Situated on over 4.5 acres, this 1.5-story home offers more than 3,200 finished square feet with 4 bedrooms and 4 bathrooms. The main-floor primary suite features private access to the spacious 12x22 deck, where you can enjoy stunning sunset views. Nearly one acre is already fenced, providing a great space for pets, kids, or outdoor activities. A 30x36 metal outbuilding offers excellent storage for equipment, vehicles, or hobbies. Additional updates include a new roof, and the home has been pre-inspected for added buyer confidence. Enjoy the space and flexibility of country living with the convenience of being just minutes from Lincoln. Schedule your private showing today!

14 days
|
2,406
|
85
|

Likely to sell faster than

Source: GPRMLS,MLS#: 22623845MLS Logo
Travel times

Family Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Brittany Pursell 334-379-9541,

BHHS Ambassador Real Estate

Source: GPRMLS,MLS#: 22623845MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
Primary bedroom
  • Level: Main
Bedroom 2
  • Level: Second
Bedroom 3
  • Level: Second
Bedroom 4
  • Level: Basement
Primary bathroom
  • Features: Full
Basement
  • Area: 3296
Heating
  • Propane, Forced Air
Cooling
  • Central Air
Appliances
  • Included: Range, Refrigerator, Washer, Dishwasher, Dryer, Microwave
Features
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Plank
  • Basement: Walk-Out Access
  • Number of fireplaces: 1
Interior area
  • Total structure area: 3,736
  • Total interior livable area: 3,736 sqft
  • Finished area above ground: 2,436
  • Finished area below ground: 1,300

Property

Parking
  • Total spaces: 2
  • Parking features: Garage - Attached
  • Attached garage spaces: 2
Features
  • Levels: One and One Half
  • Patio & porch: Porch, Deck, Covered Patio
  • Fencing: Chain Link
Lot
  • Size: 4.57 Acres
  • Dimensions: 77.84 x 406.38 x 517.03 x 361.16 x 190.82 x 295.75
  • Features: Over 1 up to 5 Acres, Cul-De-Sac, Secluded
Details
  • Additional structures: Outbuilding
  • Parcel number: 2302202005000

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Foundation: Concrete Perimeter
  • Roof: Composition
Condition
  • Not New and NOT a Model
  • New construction: No
  • Year built: 1924

Utilities & green energy

  • Sewer: Private Sewer
  • Water: Well
  • Utilities for property: Electricity Available, Propane

Community & HOA

Community
  • Subdivision: Rural 3700S
HOA
  • Has HOA: No
Location
  • Region: Lincoln

Financial & listing details

  • Price per square foot: $177/sqft
  • Tax assessed value: $672,200
  • Annual tax amount: $6,132
  • Date on market: 8/20/2026
  • Listing terms: VA Loan,FHA,Conventional,Cash
  • Ownership: Fee Simple
  • Electric utility on property: Yes

Price history

DateEventPrice
8/20/2026Price change$659,900-2.2%$177/sqft
Source: GPRMLS #22623845 Report a problem
8/6/2026Listed for sale$675,000+9.8%$181/sqft
Source: GPRMLS #22622388 Report a problem
4/25/2025Sold$615,000-1.6%$165/sqft
Source: GPRMLS #22504305 Report a problem
4/16/2025Pending sale$625,000$167/sqft
Source: GPRMLS #22504305 Report a problem
2/20/2025Price change$625,000-1.6%$167/sqft
Source: GPRMLS #22504305 Report a problem
4/22/2024Pending sale$635,000$170/sqft
Source: GPRMLS #22402186 Report a problem
3/7/2024Price change$635,000-2.3%$170/sqft
Source: GPRMLS #22402186 Report a problem
10/7/2023Listed for sale$650,000+52.9%$174/sqft
Source: GPRMLS #22323600 Report a problem
4/17/2019Listing removed$425,000$114/sqft
Source: RE/MAX CONCEPTS #21905776 Report a problem
4/11/2019Listed for sale$425,000+16.4%$114/sqft
Source: RE/MAX CONCEPTS #21905776 Report a problem
11/19/2016Listing removed$365,000$98/sqft
Source: Owner Report a problem
11/10/2016Price change$365,000-5.2%$98/sqft
Source: Owner Report a problem
10/17/2016Listed for sale$385,000+43.7%$103/sqft
Source: Owner Report a problem
10/4/2006Sold$268,000$72/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$6,132 +9%$672,200 +20%
2024$5,626 -22.2%$560,300 +3%
2023$7,231 +20.3%$544,000 +50.4%
2022$6,012 +0.6%$361,700
2021$5,975 +3.7%$361,700 -2.1%
2020$5,764 -6.1%$369,300
2019$6,137 +4.4%$369,300 +5.4%
2018$5,878 +5.4%$350,400
2017$5,575 +17.5%$350,400 +18.2%
2016$4,745 $296,500
2015$4,745 +0.8%$296,500 +9.2%
2014$4,709 +8.3%$271,400
2013$4,347 $271,400
2012-- $271,400 +4.4%
2011-- $260,000 -0.5%
2010-- $261,300
2009-- $261,300 +4%
2008-- $251,226 +0%
2007-- $251,224
2006-- $251,224
2005$3,810 +1.5%--
2004$3,753 --
2003$3,753 +41.5%--
2002$2,651 --

Find assessor info on the county website

Monthly payment

Est. payment
$4,178/mo
Principal & interest
$3403
Property taxes
$775
More affordability toolsChevron Right

Estimated market value

$633,300

$602,000 - $665,000

$3,183/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 68527

Nearby schools

Evelyn Hamlow Elementary School
Grades PK-2 • 3.5 miles
N/A
GreatSchools® Rating
Waverly Middle School
Grades 6-8 • 3.6 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Academic Progress Rating
9/10
Waverly High School
Grades 9-12 • 3.7 miles
8/10
GreatSchools® Rating
College Readiness Rating
8/10

      Nearby cities

      Nearby neighborhoods

      Nearby zip codes

      Other Lincoln Topics

        Search
        Updates
        Favorites
        Plan
        Inbox