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55 Mallard Beach Dr #21, Elwood, NE, 68937

2beds
1baths
616sqft
$450,000
$731price/sqft
$3,232/moest. monthly cost
$129,280/yrincome needed

About This Home

Modern comfort meets lakeside charm in this completely reimagined round cabin on Mallard South Bay. Once a rustic hideaway, this home has been thoughtfully rebuilt from top to bottom and is being sold fully furnished. From the fresh exterior siding and new windows to the efficient mini-split heating and cooling systems, every detail has been upgraded with comfort and style in mind. Inside, the open-concept layout features all-new flooring and a bright, inviting atmosphere. The modern kitchen includes stone countertops, brand-new appliances, and thoughtful design details. The updated bathroom offers a tiled shower, contemporary finishes, and a convenient stackable washer and dryer. Two bedrooms and an open living space provide comfortable sleeping arrangements for up to six guests. A deep lot provides room to relax or entertain, with a newly poured concrete pad under the attached carport, a fresh gravel driveway, and a wraparound sidewalk leading to the welcoming front patio. A brand-new floating dock is ready for lake season, and the 50-amp hookup on the back of the home makes it easy to host guests with a camper or motorhome. Located in a peaceful no-wake cove, this property offers ideal conditions for swimming, kayaking, paddleboarding, and easy access to the main lake. This is a rare opportunity to own a fully rebuilt, turnkey cabin at Johnson Lake.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Elwood Elementary SchoolGrades PK-70.8 mi
5/10
Elwood High SchoolGrades 7-120.8 mi

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Flat,Other
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Dishwasher,Refrigerator,Microwave,Washer,Dryer
  • Laundry features: Electric,Vinyl

Basement

  • Area: 0

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Kitchen/Dining,Vinyl

Family Room

  • Features: None

Features

  • Window features: Window Treatments
  • Finished area below ground: 0
  • Finished area above ground: 616

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 616
  • Total interior livable area: 616 sqft

Kitchen

  • Features: Vinyl

Living Room

  • Features: Vinyl

Property

Details

  • Parcel number: 370026004
  • Zoning: Rec

Features

  • Patio & porch: Patio,Covered Patio
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Living area range: 0-800

Lot

  • Lot size: 6,930 sqft
  • Features: Landscaping: Established Yard,Good
  • Lot size dimensions: 45x154

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Has garage: Yes
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hail
Strong Wind
Winter Weather
Drought
Lightning
Tornado
Cold Wave
Ice Storm

FEMA Declared Disasters Across Nebraska Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance $500$6,000
Property Taxes $333$3,996
Electricity $124$1,493
Total$3,232$38,784

Income You'd Need if You Spent...

35% on housing$110,811/yr
40% on housing$96,960/yr
45% on housing$86,186/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$731This listing

vs Other Active Listings

Avg $/sqft

ZIP 68937$225
Gosper County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 68937$143
Gosper County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-11Price change$499,000
2026-01-02Price change$519,000
2025-11-21Price change$499,900
2025-09-22Price change$519,000
2025-08-12Listed for sale$525,000
2025-06-17Sold$275,000
2025-06-10Pending sale$415,000
2025-01-02Listed for sale$415,000

For Sale by Agent

AgentJacey Edson
BrokerageBHA Real Estate

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