Still Water Lake

Hwy 275 ~ bordering N West & Ida Streets, Valley, NE 68064

Still Water Lake - No-Wake Lake - First Homes and Townhomes Starting October of 2023

Phase 1 Lot Prices/Layout Link

Phase 2 Lot Prices/Layout Link

Still Water Lake, LLC has completed its purchase of the former CL Werner land 133.5 acres off Hwy 275 bordering Ida and N West streets to develop a mixed-use area of Single-Family Homes and Townhomes with backyard beaches as well as a Commercial strip along Hwy 275.

The Townhome, Single Family, and Commercial lots will be available directly to the homeowner or may be builder attached.

This Lake Community will be walkable and bikeable to downtown Valley and to the new Elkhorn Athletic Center being built north of Highway 275 south of Ida Street.

There will be a playground, pickleball court, and beach area for residents on this no-wake Lake.

Still Water Lake ~ Lifestyle with more Style at the Lake

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.

Neighborhood schools, shopping, restaurants, and a sports complex are a short distance to the planned residences which gives Still Water Lake a small town feel while still offering convenient accessibility to the Omaha Metro Area:

  • 12.8 Miles (12 Min) to Village Pointe
  • 29.2 Miles (35 Min) to Eppley Airfield
  • 52.9 Miles (53 Min) to Husker Stadium

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.

  • Phase 1 (23 Lots) – 20 Townhome Lots, one Single-Family Lot, and two small Commercial Lots.
  • Phase 2 (65 Lots) – 51 Townhome Lots, five Single Family Lots, and 9 Commercial Lots along Hwy 275.
  • Phase 3 (97 Lots) – 61 Townhome Lots, 32 Single Family Lots, one Commercial Lots along Hwy 275, and three small Commercial Lots.
  • Phase 4 (95 Lots) – 81 Townhome Lots and 14 Commercial Lots along Hwy 275.
  • Phase 5 – 97 Retirement Lots and one small Commercial Lot.

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

Still Water Lake - HDS Neighborhood

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 227 acres of water for your boating pleasure.

Concession and Beaches: There will be a 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.

HOA Rules &
Restrictive Covenants - General
  • Lighted Address Numbers on home
  • HOA Dues Paid at Closing – $1,200 Biannual or $2,400 Annual – Common Areas: Beaches, Lawn Care, Snow Removal, Raking Beaches, Playground, Pickleball Court, and Lake Management
  • Elected HOA Board to manage HOA after development is complete
  • Plan Review Fee – $750 per Townhome Unit, $1,500 per Single Family Lot
  • Facilties Fees paid to Still Water Lake at Closing - $1,200 per Single Family Lot and $1,630 per Townhome Lot
  • Buyer to install sidewalk and one tree on the street side of their lot
  • An 8' x 12' dock  wll be allowed parallel to the rear lot line.  A 12' x 12' platform is allowed parallel to the rear lot line to allow for fishing, swimming, or ease of use for SUP Boards, Kaaks, Canos, or Pedal Boats.
  • Maximum 5HP Gas or Electric Pontoon or Fishing Boat length is 14 feet.
    Restrictive Covenants - Townhomes
    • 1,200 SF Minimum – Ranch-style home
    • 1,400 SF Minimum – 1.5 or 2 story home
    • 10% Brick or Stone front on the roadside
    • Townhome Setbacks – 20′ Front, 25′ Rear, and 5′ from each side



    HOA Rules & Regulations
    • No-Wake Lake for SUP Boards, Kayaks, Canoes, and Pedal Boats.
    • 12' or Less Electric Motor Pontoon or Fishing Boat with Electric Motor (or Trolling Motor)
    • Must build single-family home within 18 months of lot closing or lose lake privileges.
    • 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

    Phase 1 Lot Prices/Layout Link

    Phase 2 Lot Prices/Layout Link

    Residential Architectural Review Form - TBD

    Lumen (aka CenturyLink) Fiber Optic Wiring Requirements

    OPPD Transformer, Pedestal & Street Light Locations - TBD

    Survey Certificate - Lots # - TBD

    Sewer Depth Info - Lots # - TBD

    Information for Lot and Homeowners

    Lumen (aka CenturyLink) Fiber Introduction

    Lumen (aka CenturyLink) Fiber Order Process

    To sign up for fiber optic service through Lumen (CenturyLink), call 515/461-5010 or e-mail Bryce Ferguson at and he will assist you with connecting up your service.

    Trash Pickup - S2 Refuse is the only approved vendor.

    Sprinkler Installer - Alternate Rain is the only approved vendor.

    Kori Krause

    Kori Krause

    NP Dodge REALTOR

    Call: 402.679.0007