Under contractReduced $150,000 from $550,000Virtual tour

$400,000

$19,130 per acre: total asking price divided by the reported 21 acres. Not an appraisal or a bare-land value.

21 acres5 beds1,980 sq ft home

89841 489th AvenueSpencer, NE 68777

Ranch · MLS 11522472 · Listed 504 days ago (Jun 17, 2025)

Livestock and grazing · Hay and forage · 20.91 hay acres reported · Farm and ranch details

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Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.

About this property

5 Bed | 1.5 Bath | 1,980± sq. ft. home on 20.91± Acres If you're dreaming of peaceful country living with the convenience of being just a couple miles from town, this scenic acreage offers the best of both worlds. Nestled on 20.91± acres of hay meadow/pasture with a spring-fed creek, this property is ideal for the small hobby farmer, rancher, or anyone craving space, privacy, and rural charm. The spacious 1,980± sq. ft., 1.5-story home features 5 bedrooms and 1.5 bathrooms, with an unfinished basement for added potential. The main floor master suite includes a large walk-in closet with shelving, while the remaining four bedrooms are located upstairs and showcase beautiful original hardwood floors and antique doors, adding a touch of timeless character. Step into the home through the front door into spacious living and dinning areas showcasing a stunning original wood staircase with decorative newel posts and square spindles. A set of clear glass French doors separates the office/den/hobby room from the dining room. Off the dining room, the kitchen features lots of cabinet and counter space with a peninsula island perfect for sit-up dining. You'll love the remodeled main floor bathroom, boasting a walk-in tile shower, oversized tub, and his-and-hers glass bowl sinks. A spacious main floor laundry room also includes a convenient half bath and ample cabinet space. Recent updates include new carpet installed in 2025, a new septic system in 2018, furnace replaced in 2023, and a new water heater in 2025. Outdoors, the property is just as impressive. Multiple outbuildings support a variety of uses: - 32'x28' hay shed with steel siding, dirt floor, power, and water nearby - Barn with concrete floor, loft, livestock stalls, and an insulated workshop - Detached 2-car garage - Pole shed with dirt floor and power - Open-faced garage and open-faced small shed, both with power - Two grain bins (one with a large garage door and window, currently used for storage) - 36'x60' concrete slab with power nearby - ready for your next project or building - Graveled driveway leading up to the home Adding to its functionality, the property includes three cattle watering sites, covered draw, a natural spring-fed creek, and a shelterbelt along the north side of the property providing excellent wind protection and added privacy, enhancing the peaceful, country feel of the property. Whether you're looking to start a hobby farm, raise a few head of livestock, or simply enjoy the quiet life, this well-rounded acreage checks all the boxes. Properties like this - with land, water, character, and proximity to town - don't come around often. Schedule your showing today! Year Built: 1930 Property Taxes (2024): $726.52 Approximate Measurements: Kitchen: 13'8"x13' Dining Room: 13'5"x15'7" Living Room: 22'3"x13'3" Main Bathroom: 7'6"x9'9" Master Bedroom: 20'x18'8" Walk-in Closet: 8'x7'6" 2nd Bedroom: 13'3"x13'6" 3rd Bedroom: 16'8"x9'11" 4th Bedroom: 10'8"x13'4" 5th Bedroom: 13'2"x9'9" Laundry Room/Half Bathroom: 10'x7'6" Porch/Office: 13'7"x7'6" Disclosure: All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements-including, without limitation, acreage, square footage, frontage, and boundary descriptions-have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections. Cooperating Broker Compensation: Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts.

Description provided by the listing brokerage.

Farm and ranch details

Listing-reported, not independently certified. These details come from the listing's own fields and description. Farms and Ranches has not inspected the property, measured acres, tested soil or water, or reviewed permits. Confirm everything with Kyle Connot of Stracke Land & Realty and the right professionals.

Listed here asRanchFarms and ranches: Listed by the MLS as a farm or ranch, or land with reported agricultural improvements such as barns, stables or fencing.
Why it qualifiesMLS property type: Farm · How listings qualify
Reported useLivestock and grazing, Hay and forage
Total acreage21 acres (as reported)
Reported land breakdown
  • Hay ground: 20.91 acres (from the description: “20.91± acres of hay meadow”)
Home includedYes, a home is reported

Reported buildings, water and land features

  • Workshop or outbuilding (listing structures field)
  • Barn (listing structures field)
  • Hay ground (listing description)
  • Pasture (listing description)
  • Creek or spring (listing description)
  • Timber or woods (listing description)

Not reported here and never inferred: yields, income, stocking rates or carrying capacity, water rights, transferable permits, organic certification, equipment or livestock included in the sale, and whether a building can be used or a site built on. Report a wrong classification.

Facts

List price
$400,000
Original list price
$550,000
Status
Under contract
Property type
Farm or estate
Bedrooms
5
Full baths
1
Half baths
1
Interior area
1,980 sq ft
Lot size
21 acres
Year built
1930
Stories
2
County
Boyd County
MLS number
11522472
Annual property tax (2024)
$727

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Walk-In Closet(s)
  • Master Downstairs

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary, and no soil, flood, wetland or access conclusion should be drawn from it. See more listings in Spencer.

Price and status history

  • Original list price reported by the brokerage: $550,000

Changes observed by Farms and Ranches in MyStateMLS data since Oct 30, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Buyer checklist

Questions worth investigating for any farm or ranch purchase. They are not claims that this property has a problem or meets any condition.

  1. Legal accessIs there deeded or recorded access to a public road, and are there easements across the land (or that the land relies on)?
  2. Water rights and wellsA well, pond, creek or irrigation system does not by itself establish a legal right to use the water. Ask for the water right, permit or registration documents and test the well.
  3. Leases and tenanciesAre there farm, grazing, hunting, CRP, oil and gas or wind leases? Some survive a sale or require notice before they end.
  4. Soil and usable landHow many acres can actually be cropped or grazed? Check the NRCS soil survey and get a current lab soil test for the use you plan.
  5. RestrictionsZoning, conservation easements, deed restrictions, HOA rules, floodplain and wetland rules can limit what you can do.
  6. Building conditionBarns, fences, wells and septic systems need inspection; a listed building may not suit a commercial or livestock use.
  7. UtilitiesPower, water, septic capacity, internet and road maintenance: who provides them and at what cost.
  8. What is included in the saleEquipment, growing crops, stored hay, livestock, irrigation equipment, permits and farm program contracts are often separate. Get it in writing.

Explore this area's farming resources

Regional guidance for Boyd County, NE. It describes the area, not this property: it does not say this land suits any crop or use.

Guides and next steps

Listing courtesy of Stracke Land & Realty. Listing agent: Kyle Connot. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 12, 2026, 2:58 PM UTC. Farms and Ranches last received MyStateMLS data Nov 3, 2026, 6:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.