Flatwater Lake

288th & West Valley Streets, Valley, NE 68064

Street of Dreams ~ September 2023

A Big Thanks to MOBA for all their hard work in arranging this premier homebuilding event which featured two Art of a Craftsman Flatwater Lake homes. A special thanks to Jaylene Eilenstine and her staff for coordinating the 2023 event.

Art of a Craftsman showcased two homes for the MOBA Event:

28406 Laurel Circle - Shown as Price $1,478,000

28420 Laurel Circle - Shown as Price $1,059,000

Congratulations to Art Of A Craftsman for winning the 2023 Street of Dreams Multi-Site Luxury Home Tour People's Choice Award for 28406 Laurel Circle at Flatwater Lake!

Build Your Dream Home on Flatwater Lake

Hidden away from the stresses of life is Flatwater Lake 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 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 features 131 waterfront lots with a beach and boat ramp area. These lakefront lots that welcome boaters are situated on 87 acres of spring-fed water.

  • Phase 1 – East Bay is complete and ready to build.
  • Phase 2 – The 1st island is complete and ready to build.
  • Phase 3 – The 2nd island is complete and ready to build.

HDS is the project’s master developer. Please call or email for parcel availability and pricing.

HDS Neighborhoods

Still Water Lake Lots Available Now

Still Water offers Townhomes, Single-Family homes, and Live/Work or Commercial so every life stage can thrive here. Choose from dream features like walk-in pantries, flex rooms, and covered patios that bring the beach lifestyle to life.

Hidden away from the stresses of life, Still Water Lake encapsulates the LIVE WORK PLAY lifestyle that today’s professionals and families are looking for.

Still Water Lake features 300+ Townhome and Single-Family lots with a Beach, Playground, and Pickleball Court area. The Still Water Lake HOA will handle it all, i.e., lawn care, landscaping maintenance, sprinklers, snow removal, and the HOA will even take care of the beaches.

These lakefront lots, that welcome SUP Boards, Kayaks, Pedal Boats, and Canoes, as well as 14' 5HP Gas Motor Pontoon or Fishing Boat with Electric Motor will be situated on 30 acres of spring-fed water.

HOA Rules &
Restrictive Covenants - General
  • Lighted Address Numbers on home
  • HOA Dues Paid at Closing – $600 per year – Common Areas: Cul-de-Sacs and Entrance Landscaping, 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 one tree on the street side of their lot
    Restrictive Covenants - East Bay - Replat 1, 1st and 2nd Addition
    • 1600 SF Minimum – Ranch-style home
    • 1800 SF Minimum – 1.5 or 2 story home
    • 10% Brick or Stone front on the roadside
    • House Setbacks – 20′ Front, 25′ Rear, and 5′ from each side


    HOA Owner Information Form for Motorized Watercraft and ATV/UTVs
    HOA Rules & Regulations
    • No Tricks with skis, wakeboards, or tubes in Red Zone noted on Boat Map.
    • Max Speed for Jet Skis and Boats is 35 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




    Information for Lot and Homeowners

    2022 Piping Plover Report

    If there is an Ornamental Light that is out on your street, please contact OPPD for replacement - https://ww3.oppd.com/report-outage/

    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.  

    Quantum Fiber Introduction

    Quantum Fiber Order Process

    To sign up for fiber optic service through Lumen (CenturyLink), utilize the Quantum Fiber Order Process instructions above for connecting up your service.

    Lumen Internet Service Signup

    S2 Rolloff’s and Refuse has been selected for trash pickup for $25 per month – please call them at 402/727-6806 to begin service as soon as your home is completed.

    Kori Krause

    Kori Krause

    NP Dodge REALTOR

    Call: 402.679.0007