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3506 Frank St, Grand Island, NE, 68803

5beds
5baths
3,167sqft
$1,655,000
$523price/sqft
$12,117/moest. monthly cost
$484,680/yrincome needed

About This Home

Experience elevated lake living in this stunning new Oseka home, where thoughtful design meets refined luxury. Soaring cathedral ceilings and an open-concept layout create a bright, airy feel, enhanced by expansive windows that showcase serene lake views and maximize natural light. The heart of the home features a seamless flow between living, dining, and kitchen spaces, along with an impressive walk-in pantry—perfect for both everyday living and entertaining. The private primary suite offers a tranquil, spa-inspired bathroom, while the walk-out basement provides exceptional entertainment space complete with a stylish wet bar. With a flexible floor plan suited to a variety of lifestyles, and warm, neutral finishes accented by subtle pops of color, this home offers a truly luxurious living experience. *Some photos AI-Enhanced, Seller holds a NE Real Estate License. Taxes are on lot only.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

7/10
Cedar Hollow SchoolGrades PK-82.7 mi
7/10
Northwest High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Asphalt,Metal
  • Construction materials: Frame,Stone,Hardboard

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Gas Range,Dishwasher,Disposal,Refrigerator,Vented Exhaust Fan,Range Hood,Gas Water Heater,Humidifier
  • Laundry features: Main Level,Electric,Lower Level,Tile

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished,Sump Pump,Drain Tile

Bedroom2

  • Level: Lower
  • Area: 176

Bedroom3

  • Level: Lower
  • Area: 170.4

Bedroom4

  • Level: Lower
  • Area: 170.4

Bedroom5

  • Level: Upper
  • Area: 182.7

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Features: Sliding Glass Doors,Wood
  • Level: Main
  • Area: 220.64

Family Room

  • Features: Bar,Fireplace,Sliding Glass Doors,Vinyl
  • Level: Lower
  • Area: 595.65

Features

  • Walk-In Closet(s),Master Bath,Great Room,Office,Mud Room
  • Door features: Dining Room Sliding Glass Door,Family Room Sliding Glass Door
  • Window features: No Window Coverings
  • Flooring: Wood,Vinyl,Tile
  • Number of fireplaces: 1
  • Fireplace features: One,Gas,Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 110
  • Finished area above ground: 3,167

Heating & Cooling

  • Heating features: Electric Forced Air,Gas Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,334
  • Total interior livable area: 3,167 sqft

Kitchen

  • Features: Electric Range,Gas Range,Dishwasher,Garbage Disposal,Refrigerator,Pantry,Kitchen Vent,Eat-in,Range Hood,Wood
  • Level: Main
  • Area: 220.64

Living Room

  • Features: Fireplace,Wood
  • Level: Main
  • Area: 370.36

Master Bedroom

  • Level: Main
  • Area: 209.76

Office

  • Level: Main
  • Area: 117.276

Property

Details

  • Parcel number: 400524584

Features

  • Levels: One and One Half
  • Patio & porch: Deck,Patio,Covered Patio,Covered Deck
  • Exterior features: Rain Gutters
  • On waterfront: Yes
  • Living area range: 2500+

Lot

  • Lot size: 0.69 Acres
  • Features: Automatic Sprinkler,Established Yard
  • Lot size dimensions: IRR

Parking

  • Total spaces: 3
  • Parking features: 3 Car,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate

How This Home’s Risks Compare

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

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 $8,368$100,416
Home Insurance $1,803$21,636
Property Taxes $1,751$21,012
Electricity $195$2,346
Total$12,117$145,404

Income You'd Need if You Spent...

35% on housing$415,440/yr
40% on housing$363,510/yr
45% on housing$323,120/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: 11.9%
11.9%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$523This listing

vs Other Active Listings

Avg $/sqft

ZIP 68803$177
Hall County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 68803$119
Hall County$123

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)

Price History

DateEventPrice
2026-04-10Listed for sale$1,655,000
2025-07-10Sold$130,000

For Sale by Agent

AgentEric Wright
BrokerageSummit Real Estate

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