$6,116 Closing Credit¹
#22511572, Victoria A. Vopalensky, Listing Office: Realty ONE Group Sterling
$2,300,000 List price
423 Fairacres Rd Omaha, NE 68132
$10,000
Closing credit¹
5 beds
3 full, 2 partial
5,249 sqft
0.9 acres
$438 / sqft
House
Property details
About 423 Fairacres Rd
Showings begin 5/31/25. Pre-inspected and ready for its next chapter, this historic 1934 Fairacres home offers a rare opportunity to own a true piece of Omaha history. Situated on an expansive, oversized lot in one of the city's most prestigious neighborhoods, this stately residence blends timeless elegance with endless potential. Rich in character, it features four classic fireplaces, original architectural details, and an abundance of natural light throughout. With 5 bedrooms, plus a flex room, there is more than enough space for all to find their place. A rare 4-car garage provides ample space for vehicles and storage, while a charming detached garden house offers flexible space for hobbies, gardening, or a home studio. Whether you’re looking to restore its original grandeur or incorporate modern updates, this home invites your vision. With its premier location, generous lot, and classic design, this Fairacres treasure is ready to welcome its next owners. Welcome home. AMA
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
(NEW)
(NEW)
CoolingCentral Air
Size5,249 sqft
BasementYes
Lot size0.89 Acres
Year built1934
ParkingDetached
MLS #22513952
Garage4 spaces
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: No
- Parking: Detached
- Exterior: Patio
- Architectural Style: 2.5 Story
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $2,300,000
- Price/SqFt: $438
- Annual Tax Amount: $27,243
- Tax Year: 2023
- Directions: Underwood Ave. South on Fairacres Rd
- Year Built: 1934
- Stories: 2
- Living Area: 5,249 SqFt
- Lot Size: 0.89 Acres
- MLS Number: 22513952
- Office Name: NP Dodge RE Sales Inc 86Dodge
- Office Phone: (402) 517-8442
- Listing Agent: Alexandria R. McBride
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/24/2025, 10:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,300,000
423 Fairacres Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 01, 2022 | Home Sold | $1,200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,291,300 | $27,243 |
| 2022 | $1,133,200 | $21,282 |
| 2021 | $1,005,500 | $25,309 |
| 2020 | $1,182,200 | $25,385 |
| 2019 | $1,182,200 | $25,419 |
| 2018 | $1,182,200 | $25,544 |
| 2017 | $1,182,200 | $24,013 |
History based on county public records data.
Nearby schools
5
Dundee Elementary School
Public District KG-6
0.9 mi
•310 N 51st St
6
Harrison Elementary School
Public District KG-6
1.0 mi
•5304 Hamilton St
3
Washington Elementary School
Public District PK-6
1.0 mi
•5519 Mayberry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $95,833. The majority of Omaha, NE residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
19%
<35k
33%
35k-100k
15%
100k-200k
33%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
4%
Single, with Kids
39%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
59%
18-34 yrs old
21%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom
Chico's
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Cadillac
What do the neighbors listen to?
News
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 423 Fairacres Rd
The listing price of 423 Fairacres Rd property is $2,300,000.
The property 423 Fairacres Rd is a house located in Omaha, Nebraska, 68132.
Active Listing: 423 Fairacres Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 423 Fairacres Rd are: Dundee Elementary School (GreatSchools Rating 5/10), Harrison Elementary School (GreatSchools Rating 6/10), Washington Elementary School (GreatSchools Rating 3/10), Lewis & Clark Middle School (GreatSchools Rating 3/10), Monroe Middle School (GreatSchools Rating 3/10), Norris Middle School (GreatSchools Rating 3/10), Benson High School (GreatSchools Rating 1/10), Westside High School (GreatSchools Rating 4/10), Omaha North High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $27,243 (source: MLS/based on county public records data).
The last sale was on September 1, 2022 for $1,200,000 (source: MLS/tax record).
The property at 423 Fairacres Rd has 5 bedrooms and 3 full and 2 half bathrooms.
The property 423 Fairacres Rd is 5,249 SqFt (source: MLS/tax record).
The year of construction for 423 Fairacres Rd is 1934.
This home is located at 423 Fairacres Rd in Omaha, NE and zip code 68132 in the North Omaha neighborhood. This 5,249 square foot home, which was built in 1934, sits on a 0.89 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $2,300,000.
While more than 144 listings in Omaha, NE in April 2025 were sold above asking price, there were more than 137 listings sold at asking price, and more than 191 were sold below. The number of listings in Omaha, NE increased by 8.1% between March and April 2025. The median list price of listings available in April 2025 was $295,000, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.