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7841 Preserve Ln, Lincoln, NE, 68516

5beds
4baths
3,707sqft
$899,000
$243price/sqft
$6,221/moest. monthly cost
$248,840/yrincome needed

About This Home

Experience luxury waterfront living in this stunning home located in the highly sought-after Preserve neighborhood. Step inside to soaring ceilings, a stone fireplace, and sun-filled living spaces that create an inviting atmosphere from the moment you arrive. The updated kitchen is the heart of the home, showcasing stunning quartz countertops, new appliances, abundant cabinetry, and both formal and informal dining areas. The spacious main-floor primary suite is a true retreat with breathtaking water views, a spa-like bath, oversized walk-in closet, and direct access to the main-floor laundry. The finished daylight lower level expands your living options with an open den ideal for game days, movie nights, or hosting guests. Outside, enjoy the 30x25 deck overlooking peaceful water views—an ideal setting for morning coffee, evening sunsets, and year-round relaxation. This exceptional home delivers the perfect balance of luxury finishes, thoughtful design, and an unbeatable setting.

Getting Around

50
WalkingSomewhat Walkable
20
TransitMinimal Transit
68
BikeBikeable

Schools

7/10
Maxey Elementary SchoolGrades PK-50.4 mi
7/10
Lux Middle SchoolGrades 6-80.9 mi
8/10
Lincoln East High SchoolGrades 9-122.6 mi

Construction

Condition

  • Property condition: Not New and NOT a Model
  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Basement

  • Area: 1811

Basement

  • Has basement: Yes
  • Basement: Daylight

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Basement

Bedroom5

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 1,100
  • Finished area above ground: 2,607

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,707
  • Total interior livable area: 3,707 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1610242001000
  • Attached to another structure: Yes

Features

  • Levels: One and One Half
  • Patio & porch: Porch,Deck
  • Exterior features: Sprinkler System
  • Fencing: None

Lot

  • Lot size: 4,791 sqft
  • Features: Up to 1/4 Acre.
  • Lot size dimensions: 50 x 96 x 50 x 89

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Hail
Strong Wind
Winter Weather
Cold Wave
Ice Storm
Lightning

FEMA Declared Disasters Across Nebraska Counties

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 $4,545$54,540
Home Insurance $520$6,240
Property Taxes $928$11,136
Electricity $228$2,746
Total$6,221$74,652

Income You'd Need if You Spent...

35% on housing$213,291/yr
40% on housing$186,630/yr
45% on housing$165,893/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: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 68516$185
Lancaster County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 68516$174
Lancaster County$168

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
2026-05-09Listed for sale$989,900
2025-11-05Sold$620,000
2025-10-17Pending sale$699,000
2025-09-22Price change$699,000
2025-09-09Listed for sale$769,000
2025-07-14Listing removed$769,000
2025-06-19Listed for sale$769,000
2024-07-03Listing removed--
2024-02-17Listed for rent$4,750
2023-06-15Listing removed--
2023-06-05Listed for rent$4,750
2023-04-18Listing removed--
2023-03-03Listed for rent$4,750
2023-02-03Listing removed--
2023-01-13Listed for rent$4,750
2020-04-14Listing removed$4,750
2020-01-16Listed for rent$4,750
2007-02-09Sold$410,000

For Sale by Agent

AgentJoshua Sand
BrokerageBancWise Realty

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