This unique property offers endless potential and is ready to fit your vision. Zoned Commercial and most recently used as both a family home and rental property, the building was originally constructed in the 1980s as a commercial steakhouse. With over 6,000 square feet of living space and incredible flexibility, this is a rare opportunity near the beautiful Calamus Reservoir. The main level features 3,040 square feet with a spacious open-concept living and dining area, sunroom, bar area, half bath, and a large primary bedroom complete with an ensuite bathroom and custom shower. An additional room is currently being used as a bedroom. The centerpiece of the main floor is the expansive gathering room overlooking the Calamus Golf Course, highlighted by a cozy wood-burning stove. The fully finished basement functions as a separate living unit and offers an additional 3,040 square feet. It includes three full bedrooms-two with walk-in closets-a full kitchen, large living room, full bathroom with jetted tub and shower, plus a separate laundry room with washer/dryer and an additional toilet. Additional features include: Separate HVAC systems for each level, large lean-to for storage and ample parking for vehicles, boats, or campers! Whether you are looking for a full-time residence, vacation getaway, investment property, rental income opportunity, or commercial venture, this property offers unmatched versatility in a prime recreational location. Summer is just getting started, and there is no better place to enjoy it than at Calamus Reservoir. Property will be surveyed to determine exact lot lines.
For sale
Price cut: $70K (7/14)
$425,000
46358 828th Rd, Burwell, NE 68823
4beds
6,080sqft
Single Family Residence
Built in 1983
0.83 Acres Lot
$415,000 Zestimate®
$70/sqft
$-- HOA
What's special
Bar areaLarge lean-to for storageCozy wood-burning stove
- 103 days
- 541
- 11
Zillow last checked:
Listing updated:
Listed by:
Michele Lea Usasz-wells 308-750-0522,
Cabin Realty & AG Services, Inc.
Source: My State MLS,MLS#: 11781249
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Kitchen
- Features: Open
Basement
- Area: 3040
Heating
- Propane, Forced Air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer
Features
- Flooring: Carpet
- Basement: Full,Finished,Bedrooms(3),Bathrooms(2)
- Number of fireplaces: 1
Interior area
- Total structure area: 6,080
- Total interior livable area: 6,080 sqft
- Finished area above ground: 3,040
Video & virtual tour
Property
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.83 Acres
Details
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Amps(0)
- Sewer: Private Septic
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Burwell
Financial & listing details
- Price per square foot: $70/sqft
- Annual tax amount: $1,952
- Date on market: 5/23/2026
- Date available: 05/23/2026
- Listing agreement: Exclusive
Estimated market value
$415,000
$394,000 - $436,000
$2,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $425,000-14.1%$70/sqft |
Source: My State MLS #11781249 Report a problem | ||
| 5/23/2026 | Listed for sale | $495,000$81/sqft |
Source: My State MLS #11781249 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment

