Flatwater Lake Estates
288th & Ida Streets, Valley, NE 68064
Flatwater Lake Estates
Flatwater Lake Estates coming Mid-2024
Flatwater Lake Estates, LLC has completed its purchase of the former Lyman-Richey gravel mine—197 acres across the street from Flatwater Lake.
There will be two off-lake areas of homes and villas with close beach access. Two lakes for the price of one lot.
The Flatwater Lake Estates and Flatwater Lake lakes will be connected with a bridge over West Valley Street for boat traffic both ways. Once connected, the lake will total 227 acres of water for your boating pleasure.
Concession and Beaches: There will be an event and food venue area with a large beach and docks for community fun in the expansion into Flatwater Lake Estates. Many common area beaches and park area.
Build Your Dream Home on Flatwater Lake Estates
Hidden away from the stresses of life is Flatwater Lake Estates which encapsulates the LIVE WORK PLAY lifestyle that today’s professionals and families are looking for.
VIDEO: Valley Works to Balance...
Neighborhood schools, shopping, restaurants, and a sports complex are a short distance to the planned residences which gives Flatwater Lake Estates a small town feel while still offering convenient accessibility to the Omaha Metro Area:
- 12.8 Miles (14 Min) to Village Pointe
- 29.2 Miles (37 Min) to Eppley Airfield
- 52.9 Miles (55 Min) to Husker Stadium
Flatwater Lake Estates features 118 waterfront and 44 off-lake lots with a beach and other amenities. The lakefront lots will welcome boaters on 130 acres of spring-fed water.
- Phase 1 and 2 – The north section of the development that will have 3 cul-de-sacs is being excavated, dredged, and graded now.
- Phase 3 – The remaining lake and off-lake lots and bridge area will be completed in the last phase of the development.
HDS is the project’s master developer.
HDS Neighborhoods
Flatwater Lake is Available for Building
Flatwater Lake, LLC is substantially completed—124.4 acres across the street from Flatwater Lake Estates.
There are three phases - the East Bay (Replat 1), Island 1 (1st Addition), and Island 2 (2nd Addition) with close beaches and a boat launch. Two lakes for the price of one lot.
The Flatwater Lake and Flatwater Lake Estates lakes will be connected with a bridge over West Valley Street for boat traffic both ways. Once connected, the lake will total of 227 acres of water for your boating pleasure.
Concession and Beaches: There will be an event and food venue area in Flatwater Lake Estates with a large beach and docks for community fun in the expansion from Flatwater Lake. Many common area beaches and park area.
Covenants
Regulations
Information
Information
Restrictive Covenants - General
- Lighted Address Numbers on home
- HOA Dues Paid at Closing – $600 per year – Common Areas: Cul-de-Sacs and Entrance Landscaping, Common Areas, Beaches, and Lake Management
- Elected HOA Board to manage HOA after development is complete
- Plan Review Fee – $1,500 / Refundable Cleanup Deposit – $1,500 due with submittal
- $1,200 facility fee paid to Flatwater Lake at closing
- Buyer to install sidewalk and tree on the street side of their lot
Restrictive Covenants - A Lake Lots
- 2200 SF Minimum – Ranch-style home
- 2500 SF Minimum – 1.5 or 2 story home
- 20% Brick or Stone front on the roadside
- House Setbacks – 20′ Front, 25′ Rear, and 7.5′ from each side
Restrictive Covenants - B Lake Lots
- 2800 SF Minimum – Ranch-style home
- 3200 SF Minimum – 1.5 or 2 story home
- 30% Brick or Stone front on the roadside
- House Setbacks – 25′ Front, 25′ Rear, and 7.5′ from each side
Restrictive Covenants - Off-Lake Lots
- 1800 SF Minimum – Ranch-style home
- 2300 SF Minimum – 1.5 or 2 story home
- 10% Brick or Stone front on the roadside
- House Setbacks – 20′ Front, 25′ Rear, and 7.5′ from each side
COMPLETE DECLARATION OF COVENANTS - COMING SOON
HOA Rules & Regulations
- Max Speed for Jet Skis and Boats is 40 MPH
- Jet Skis allowed – Must be 2010 or newer – Certain hours of use
- Max of 24’ Boats and 250 HP Outboard Engines - To be approved by HOA
- Towables for Kids – 15 MPH (For kids 12 & under)
- Only one boat on the water per lot during peak times
- Construction of all residences must be started within eighteen (18) months of the date that the Lot was originally purchased from the Declarant
- Once construction starts on a Lot, the construction process must be completed within twelve (12) months
Builder Information
Quantum (aka Century Link) Fiber Optic Wiring Requirements
LOMR-F FEMA Approval
LOMR-F Approval with Lot Elevations
OPPD Transformer, Pedestal & Street Light Locations
Survey Certificate - Lots 201 - 369
Sewer Depth Info - Lots 201 - 369
Information for Lot and Homeowners
Elevation Certificates and “As-Built” Surveys:
When you purchase your lot, Flatwater Lake provides a copy of your lot survey for you to submit your plans to the City for construction of your home. The lots were graded to a level that puts them out of the floodplain. As the homeowner, you have to also submit an Elevation Certificate to show that your new home will be built to the proper elevation so that your building envelope stays out of the floodplain. Once you build your home, your bank may also require you to provide an “As-Built” Survey showing your home envelope with elevation depicting it out of the floodplain. Your builder may be able to order those for you since whomever did your site plan would have laid your home out based on the initial survey given to you for construction permitting. It may cut some of the cost of an “As-Built” Survey. Both the Elevation Certificate and “As-Built” Survey would be the homeowner’s cost.
To sign up for fiber optic service through Lumen (CenturyLink), utilize the Quantum Fiber Order Process instructions above for connecting up your service.
Priority Option
COMING SOON - See Priority Lot Selection Form on Builder Information Tab
